EGP / USD CBE market average: Buy 15.98 | Sell 16.08

EGP / USD at CIB: Buy 15.98 | Sell 16.08

EGP / USD at NBE: Buy 15.99 | Sell 16.09

EGX30 (Sunday): 13,893 (+0.4%)

Turnover: EGP 384 mn (47% below the 90-day average)

EGX 30 year-to-date: +6.6%

THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session up 0.4%. CIB, the index’s heaviest constituent, ended up 0.6%. EGX30’s top performing constituents were Pioneers Holding up 2.5%, Madinet Nasr Housing up 2.1%, and Orascom Development Holding up 1.7%. Yesterday’s worst performing stocks were Ibnsina Pharma down 1.0%, Sidi Kerir Petrochemicals down 0.9% and Ezz Steel down 0.7%. The market turnover was EGP 384 mn, and foreign investors were the sole net buyers.

Foreigners: Net Long | EGP +52.7 mn

Regional: Net Short | EGP -10.8 mn

Domestic: Net Short | EGP -42.0 mn

Retail: 55.9% of total trades | 51.0% of buyers | 60.8% of sellers

Institutions: 44.1% of total trades | 49.0% of buyers | 39.2% of sellers

WTI: USD 60.30 (-0.23%)

Brent: USD 65.98 (-0.24%)

Natural Gas (Nymex, futures prices) USD 2.25 MMBtu (-3.31%, January 2020 contract)

Gold: USD 1,484.90 / troy ounce (+0.27%)

TASI: 8,300.73 (+0.11%) (YTD: +6.06%)

ADX: 5,075.49 (-0.33%) (YTD: +3.26%)

DFM: 2,763.02 (-0.20%) (YTD: +9.22%)

KSE Premier Market: 6,973.73 (+1.51%)

QE: 10,474.13 (+1.29%) (YTD: +1.70%)

MSM: 3,927.57 (+0.28%) (YTD: -9.16%)

BB: 1,593.27 (+0.58%) (YTD: +19.14%)

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