The median income of a CEO in the US kept climbing last year — and is on track to hit record highs, rising to USD 13.7 mn in 2020 from USD 12.8 mn in 2019, the Wall Street Journal reports, citing figures compiled from companies’ regulatory filings. Of the 322 CEOs covered in the analysis, 206 saw a pay bump — some of which sit at the helm of firms that were battered (such as Exxon Mobil, Omnicom Group, and Norway’s Cruise Line Holdings).

EGX30

10,393

+0.9% (YTD: -4.2%)

USD (CBE)

Buy 15.63

Sell 15.73

USD at CIB

Buy 15.64

Sell 15.74

Interest rates CBE

8.25% deposit

9.25% lending

Tadawul

9,938

-0.7% (YTD: +14.4%)

ADX

6,070

+0.2% (YTD: +20.3%)

DFM

2,593

+0.4% (YTD: +4.1%)

S&P 500

4,128

+0.8% (YTD: +9.9%)

FTSE 100

6,915

-0.4% (YTD: +7.1%)

Brent crude

USD 63.31

+0.6%

Natural gas (Nymex)

USD 2.56

+1.3%

Gold

USD 1,742.50

-0.1%

BTC

USD 59,800

-0.8% (as of midnight)

The EGX30 rose 0.9% yesterday on turnover of EGP 749 mn (46.1% below the 90-day average). Foreign investors were net sellers. The index is down 4.2% YTD.

In the green: GB Auto (+8.6%), Fawry (+6.4%) and Export Development Bank (+3.9%).

In the red: Eastern Co. (-1.7%), Abu Qir Fertilizers (-1.2%) and EKH (-1.0%).

Asian markets are uniformly in the red this morning, and futures suggest that shares in Europe and North America will follow suits when markets open for the week later today.

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