EGP / USD CBE market average: Buy 16.13 | Sell 16.25

EGP / USD at CIB: Buy 16.13 | Sell 16.23

EGP / USD at NBE: Buy 16.15 | Sell 16.25

EGX30 (Tuesday): 14,201 (+0.2%)

Turnover: EGP 609 mn (14% below the 90-day average)

EGX 30 year-to-date: +8.9%

THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session up 0.2%. CIB, the index’s heaviest constituent, ended up 0.5%. EGX30’s top performing constituents were Egyptian Resorts up 1.9%, Orascom Investment Holding up 1.9%, and Madinet Nasr Housing up 1.4%. Yesterday’s worst performing stocks were AMOC down 6.8%, Orascom Construction down 1.7% and Sidi Kerir Petrochemicals down 1.0%. The market turnover was EGP 609 mn, and regional investors were the sole net sellers.

Foreigners: Net long | EGP +5.1 mn

Regional: Net short | EGP -10.9 mn

Domestic: Net long | EGP +5.8 mn

Retail: 71.4% of total trades | 75.3% of buyers | 67.5% of sellers

Institutions: 28.6% of total trades | 24.7% of buyers | 32.5% of sellers

WTI: USD 54.16 (1.5%)

Brent: USD 59.70 (1.3%)

Natural Gas (Nymex, futures prices) USD 2.29 MMBtu, (+0.7%, November 2019 contract)

Gold: USD 1,491.40 / troy ounce (+0.3%)

TASI: 7,872 (+1.4%) (YTD: +0.6%)

ADX: 5,135 (+0.7%) (YTD: +4.5%)

DFM: 2,787 (+0.9%) (YTD: +10.2%)

KSE Premier Market: 6,296 (+0.4%)

QE: 10,376 (-0.2%) (YTD: +0.8%)

MSM: 4,007 (-0.2%) (YTD: +7.3%)

BB: 1,525 (-0.1%) (YTD: +14.1%)

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