EGP / USD CBE market average: Buy 16.42 | Sell 16.55

EGP / USD at CIB: Buy 16.42 | Sell 16.52

EGP / USD at NBE: Buy 16.45 | Sell 16.55

EGX30 (Thursday): 14,933 (+0.6%)

Turnover: EGP 920 mn (50% above the 90-day average)

EGX 30 year-to-date: +14.6%

THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session up 0.6%. CIB, the index’s heaviest constituent, ended up 1.3%. EGX30’s top performing constituents were Ibnsina Pharma up 5.1%, Ezz Steel up 5.1%, and Orascom Development up 4.0%. Thursday’s worst performing stocks were Egyptian Resorts down 3.3%, Oriental Weavers down 2.1% and SODIC down 1.6%. The market turnover was EGP 920 mn, and local investors were the sole net sellers.

Foreigners: Net Long | EGP +59.9 mn

Regional: Net Long | EGP +225.9 mn

Domestic: Net Short | EGP -285.8 mn

Retail: 46.1% of total trades | 31.8% of buyers | 60.4% of sellers

Institutions: 53.9% of total trades | 68.2% of buyers | 39.6% of sellers

WTI: USD 56.52 (+0.39%)

Brent: USD 61.54 (+0.97%)

Natural Gas (Nymex, futures prices) USD 2.50 MMBtu, (+2.51%, Oct 2019)

Gold: USD 1,515.50 / troy ounce (-0.66%)

TASI: 8,054.75 (-0.05%) (YTD: +2.91%)

ADX: 5,114.09 (-0.21%) (YTD: +4.05%)

DFM: 2,890.92 (+0.38%) (YTD: +14.28%)

KSE Premier Market: 6,547.12 (+0.02%)

QE: 10,253.19 (-0.41%) (YTD: -0.44%)

MSM: 3,997.75 (-0.34%) (YTD: -7.54%)

BB: 1,551.08 (+0.58%) (YTD: +15.99%)

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