EGP / USD CBE market average: Buy 16.41 | Sell 16.53

EGP / USD at CIB: Buy 16.41 | Sell 16.51

EGP / USD at NBE: Buy 16.43 | Sell 16.53

EGX30 (Monday): 14,887 (-0.1%)

Turnover: EGP 863 mn (41% above the 90-day average)

EGX 30 year-to-date: +14.2%

THE MARKET ON MONDAY: The EGX30 ended Monday’s session down 0.1%. CIB, the index’s heaviest constituent, ended down 0.1%. EGX30’s top performing constituents were Egyptian Resorts up 3.1%, Orascom Construction up 1.3%, and Kima up 1.0%. Yesterday’s worst performing stocks were Heliopolis Housing down 2.0%, Ibnsina Pharma down 1.9% and Cleopatra Hospital down 1.8%. The market turnover was EGP 863 mn, and local investors were the sole net buyers.

Foreigners: Net Short | EGP -32.1 mn

Regional: Net Short | EGP -34.7 mn

Domestic: Net Long | EGP +66.9 mn

Retail: 46.5% of total trades | 46.8% of buyers | 46.1% of sellers

Institutions: 53.5% of total trades | 53.2% of buyers | 53.9% of sellers

WTI: USD 57.98 (+0.22%)

Brent: USD 62.59 (+1.71%)

Natural Gas (Nymex, futures prices) USD 2.60 MMBtu, (+0.46%, Oct 2019 contract)

Gold: USD 1,507.40 / troy ounce (-0.90%)

TASI: 8,055.24 (+0.05%) (YTD: +2.92%)

ADX: 5,075.88 (-0.58%) (YTD: +3.27%)

DFM: 2,879.51 (+0.28%) (YTD: +13.83%)

KSE Premier Market: 6,415.26 (-1.49%)

QE: 10,309.03 (+0.33%) (YTD: +0.10%)

MSM: 3,985.38 (-0.15%) (YTD: -7.83%)

BB: 1,548.78 (-0.15%) (YTD: +15.82%)

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