The EGX30 fell 0.9% yesterday on turnover of EGP 808 mn (40.1% below the 90-day average). Foreign investors were net sellers. The index is down 24.2% YTD.

In the green: Dice (+4.7%), Cleopatra Hospital (+4.0%) and Ezz Steel (+3.5%).

In the red: Beltone Financial Holding (-3.2%), GB Auto (-3.1%) and Palm Hills (-2.6%).

It’s green as far as the eye can see this morning: Asian markets are up and futures suggest Wall Street and Europe will follow suit later in the day.

EGX30

10,586

-0.9% (YTD: -24.2%)

USD (CBE)

Buy 15.66

Sell 15.76

USD at CIB

Buy 15.65

Sell 15.75

Interest rates CBE

8.25% deposit

9.25% lending

Tadawul

8,740.66

+0.4% (YTD: +7.8%)

ADX

5,095.94

-0.6% (YTD: +6.9%)

DFM

2,515.67

-0.5% (YTD: -4.1%)

S&P 500

3,703.06

+0.4% (YTD: +16.4%)

FTSE 100

6,502.11

+0.1% (YTD: -12.1%)

Brent crude

USD 51.29

+0.2%

Natural gas (Nymex)

USD 2.52

-3.5%

Gold

USD 1,883.20

+0.3%

BTC

USD 27,174.13

+6.8%