EGP / USD CBE market average: Buy 16.23 | Sell 16.35

EGP / USD at CIB: Buy 16.23 | Sell 16.33

EGP / USD at NBE: Buy 16.26 | Sell 16.36

EGX30 (Thursday): 14,742 (-0.02%)

Turnover: EGP 1.2 bn (86% above the 90-day average)

EGX 30 year-to-date: +13.1%

THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session down 0.2%. CIB, the index’s heaviest constituent, ended down 1.3%. EGX30’s top performing constituents were Heliopolis Housing up 3.5%, TMG Holding up 2.6%, and Palm Hills up 2.4%. Thursday’s worst performing stocks were Juhayna down 2.5%, Crédit Agricole down 2.4%. The market turnover was EGP 1.2 bn, and regional investors were the sole net sellers.

Foreigners: Net Long | EGP +41.8 mn

Regional: Net Short | EGP -52.6 mn

Domestic: Net Long | EGP +10.7 mn

Retail: 34.6% of total trades | 32.4% of buyers | 36.7% of sellers

Institutions: 65.4%% of total trades | 67.6% of buyers | 63.3% of sellers

WTI: USD 58.09 (-0.17%)

Brent: USD 64.28 (-0.19%)

Natural Gas (Nymex, futures prices) USD 2.53 MMBtu, (-0.16%, Oct 2019 contract)

Gold: USD 1,515.10 / troy ounce (+0.59%)

TASI: 7,926.82 (+1.35%) (YTD: +1.28%)

ADX: 5,124.72 (-0.61%) (YTD: +4.27%)

DFM: 2,819.69 (-0.14%) (YTD: +11.46%)

KSE Premier Market: 6,009.90 (+1.27%)

QE: 10,512.06 (-0.26%) (YTD: +2.07%)

MSM: 3,992.13 (-0.59%) (YTD: -7.67%)

BB: 1,490.39 (+0.07%) (YTD: +11.45%)

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