EGP / USD CBE market average: Buy 16.16 | Sell 16.28

EGP / USD at CIB: Buy 16.16 | Sell 16.26

EGP / USD at NBE: Buy 16.18 | Sell 16.28

EGX30 (Sunday): 14,239 (+0.2%)

Turnover: EGP 336 mn (53% below the 90-day average)

EGX 30 year-to-date: +9.2%

THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session up 0.2%. CIB, the index’s heaviest constituent, ended up 1.1%. EGX30’s top performing constituents were Pioneers Holding up 1.3%, Egypt Kuwait Holding up 1.2%, and CIB up 1.1%. Yesterday’s worst performing stocks were SODIC down 2.1%, Ezz Steel down 2.0% and Egyptian Resorts down 1.8%. The market turnover was EGP 336 mn, and foreign investors were the sole net buyers.

Foreigners: Net long | EGP +15.7 mn

Regional: Net short | EGP -1.2 mn

Domestic: Net short | EGP -14.5 mn

Retail: 82.0% of total trades | 77.0% of buyers | 87.1% of sellers

Institutions: 18.0% of total trades | 23.0% of buyers | 12.9% of sellers

WTI: USD 58.78 (-0.3%)

Brent: USD 59.42 (-0.8%)

Natural Gas (Nymex, futures prices) USD 2.32 MMBtu, (+0.1%, November 2019 contract)

Gold: USD 1,494.10 / troy ounce (-0.3%)

TASI: 7,784 (+2.0%) (YTD: -0.5%)

ADX: 5,089 (-0.1%) (YTD: +3.6%)

DFM: 2,766 (-0.5%) (YTD: +9.3%)

KSE Premier Market: 6,252 (-0.8%)

QE: 10,412 (-0.2%) (YTD: +1.1%)

MSM: 4,015 (+0.3%) (YTD: -7.1%)

BB: 1,527 (+0.0%) (YTD: +14.2%)

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