EGP / USD CBE market average: Buy 16.07 | Sell 16.17

EGP / USD at CIB: Buy 16.06 | Sell 16.16

EGP / USD at NBE: Buy 16.05 | Sell 16.15

EGX30 (Monday): 13,974 (-0.5%)

Turnover: EGP 549 mn (23% below the 90-day average)

EGX 30 year-to-date: +7.2%

THE MARKET ON MONDAY: The EGX30 ended Monday’s session down 0.5%. CIB, the index’s heaviest constituent, ended down 0.7%. EGX30’s top performing constituents were Credit Agricole up 1.8%, Orascom Construction up 1.7%, and SODIC up 0.8%. Yesterday’s worst performing stocks were Juhayna down 2.5%, TMG Holding down 2.3% and Egyptian Resorts down 1.9%. The market turnover was EGP 549 mn, and regional investors were the sole net sellers.

Foreigners: Net long | EGP +16.3 mn

Regional: Net short | EGP -58.1 mn

Domestic: Net long | EGP +41.8 mn

Retail: 42.2% of total trades | 43.5% of buyers | 40.8% of sellers

Institutions: 57.8% of total trades | 56.5% of buyers | 59.2% of sellers

WTI: USD 57.94 (-0.1%)

Brent: USD 63.65 (+0.4%)

Natural Gas (Nymex, futures prices) USD 2.52 MMBtu, (-0.4%, December 2019 contract)

Gold: USD 1,460.20 / troy ounce (-0.3%)

TASI: 8,013 (+0.2%) (YTD: +2.4%)

ADX: 5,091 (+1.0%) (YTD: +3.6%)

DFM: 2,705 (+0.7%) (YTD: +7.0%)

KSE Premier Market: 6,421 (+1.3%)

QE: 10,310 (+0.6%) (YTD: +0.1%)

MSM: 4,083 (+0.0%) (YTD: -5.6%)

BB: 1,520 (+1.0%) (YTD: +13.7%)

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