EGP / USD CBE market average: Buy 16.06 | Sell 16.16

EGP / USD at CIB: Buy 16.06 | Sell 16.16

EGP / USD at NBE: Buy 16.05 | Sell 16.15

EGX30 (Thursday): 13,849 (+0.7%)

Turnover: EGP 327 mn (54% below the 90-day average)

EGX 30 year-to-date: +6.2%

THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session up 0.7%. CIB, the index’s heaviest constituent, ended up 1.4%. EGX30’s top performing constituents were Emaar Misr up 5.4%, Kima up 2.2%, and Egyptian Iron and Steel up 2.0%. Thursday’s worst performing stocks were Cleopatra Hospital down 1.5%, Qalaa Holdings down 1.3% and Ibnsina Pharma down 1.1%. The market turnover was EGP 327 mn, and foreigners investors were the sole net buyers.

Foreigners: Net Long | EGP +24.0 mn

Regional: Net Short | EGP -15.1 mn

Domestic: Net Short | EGP -8.9 mn

Retail: 65.7 total trades | 64.5% of buyers | 67.0% of sellers

Institutions: 34.3% of total trades | 35.5% of buyers | 33.0% of sellers

WTI: USD 55.17 (-5.06%)

Brent: USD 60.49 (-4.39%)

Natural Gas (Nymex, futures prices) USD 2.28 MMBtu, (-8.8-%, January 2020 contract)

Gold: USD 1,472.70 / troy ounce (+0.81%)

TASI: 7,859.06 (+0.08%) (YTD: +0.41%)

ADX: 5,030.76 (-0.25%) (YTD: +2.35%)

DFM: 2,678.70 (-1.22%) (YTD: +5.89%)

KSE Premier Market: 6,519.36 (+1.08%)

QE: 10,147.88 (-0.23%) (YTD: -1.47%)

MSM: 4,064.14 (-0.46%) (YTD: -6.00%)

BB: 1,526.95 (+0.52%) (YTD: +14.18%)

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