EGP / USD CBE market average: Buy 16.14 | Sell 16.27

EGP / USD at CIB: Buy 16.15 | Sell 16.25

EGP / USD at NBE: Buy 16.16 | Sell 16.26

EGX30 (Monday): 14,179 (-0.4%)

Turnover: EGP 438 mn (38% below the 90-day average)

EGX 30 year-to-date: +8.8%

THE MARKET ON MONDAY: The EGX30 ended Monday’s session down 0.4%. CIB, the index’s heaviest constituent, ended down 0.6%. EGX30’s top performing constituents were Juhayna up 1.8%, Sidi Kerir Petrochemicals up 1.3%, and Madinet Nasr Housing up 1.0%. Yesterday’s worst performing stocks were Egyptian Resorts down 2.2%, Egyptian Iron & Steel down 2.2% and Oriental Weavers down 2.1%. The market turnover was EGP 438 mn, and foreigner investors were the sole net buyers.

Foreigners: Net long | EGP +12.5 mn

Regional: Net short | EGP -0.7 mn

Domestic: Net short | EGP -11.8 mn

Retail: 71.6% of total trades | 69.9% of buyers | 73.3% of sellers

Institutions: 28.4% of total trades | 30.1% of buyers | 26.7% of sellers

WTI: USD 53.37 (+0.1%)

Brent: USD 58.96 (-0.8%)

Natural Gas (Nymex, futures prices) USD 2.24 MMBtu, (+0.1%, November 2019 contract)

Gold: USD 1,487.80 / troy ounce (-0.0%)

TASI: 7,764 (-0.3%) (YTD: -0.8%)

ADX: 5,102 (+0.3%) (YTD: +3.8%)

DFM: 2,763 (+0.1%) (YTD: +9.3%)

KSE Premier Market: 6,271 (+0.3%)

QE: 10,396 (-0.2%) (YTD: +1.0%)

MSM: 4,016 (+0.0%) (YTD: -7.1%)

BB: 1,526 (-0.0%) (YTD: +14.2%)

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