EGP / USD CBE market average: Buy 16.08 | Sell 16.20

EGP / USD at CIB: Buy 16.08 | Sell 16.18

EGP / USD at NBE: Buy 16.07 | Sell 16.17

EGX30 (Tuesday): 13,509 (+0.05%)

Turnover: EGP 1.2 bn (65% above the 90-day average)

EGX 30 year-to-date: +3.6%

THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session up 0.5%. CIB, the index’s heaviest constituent, ended up 0.7%. EGX30’s top performing constituents were CIRA up 4.0%, Egyptian Iron and Steel up 2.9%, and Ezz Steel up 2.2%. Yesterday’s worst performing stocks were Ibnsina Pharma down 1.3%, Egypt Kuwait Holding down 1.3% and Credit Agricole down 0.9%. The market turnover was EGP 1.2 bn, and foreign investors were the sole net sellers.

Foreigners: Net Short | EGP -54.4 mn

Regional: Net Long | EGP +1.7 mn

Domestic: Net Long | EGP +52.7 mn

Retail: 44.0% of total trades | 45.0% of buyers | 43.0% of sellers

Institutions: 56.0% of total trades | 55.0% of buyers | 57.0% of sellers

WTI: USD 59.12 (+0.17%)

Brent: USD 64.17 (-0.12%)

Natural Gas (Nymex, futures prices) USD 2.27 MMBtu (+1.48%, January 2020 contract)

Gold: USD 1,468.90 / troy ounce (+0.27%)

TASI: 8,066.42 (-0.66%) (YTD: +3.06%)

ADX: 5,020.13 (-0.06%) (YTD: +2.14%)

DFM: 2,687.61 (+0.12%) (YTD: +6.24%)

KSE Premier Market: 6,748.72 (+0.02%)

QE: 10,316.99 (+0.39%) (YTD: +0.17%)

MSM: 4,017.61 (-0.08%) (YTD: -7.08%)

BB: 1,549.77 (+0.02%) (YTD: +15.89%)

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