EGP / USD CBE market average: Buy 16.47 | Sell 16.61

EGP / USD at CIB: Buy 16.48 | Sell 16.58

EGP / USD at NBE: Buy 16.50 | Sell 16.60

EGX30 (Monday): 14,291 (-0.4%)

Turnover: EGP 787 mn (32% above the 90-day average)

EGX 30 year-to-date: +9.6%

THE MARKET ON MONDAY: The EGX30 ended Monday’s session down 0.4%. CIB, the index’s heaviest constituent, ended down 0.3%. EGX30’s top performing constituents were Abu Dhabi Islamic Bank up 5.1%, Heliopolis Housing up 2.4%, and CIRA up 2.2%. Yesterday’s worst performing stocks were Ezz Steel down 4.6%, Palm Hills down 3.3% and Sidi Kerir Petrochemicals down 2.6%. The market turnover was EGP 787 mn, and foreign investors were the sole net sellers.

Foreigners: Net short | EGP -44.5 mn

Regional: Net long | EGP +18.6 mn

Domestic: Net long | EGP +26.0 mn

Retail: 59.9% of total trades | 68.4% of buyers | 51.4% of sellers

Institutions: 40.1% of total trades | 31.6% of buyers | 48.6% of sellers

WTI: USD 53.94 (+0.56%)

Brent: USD 59.01 (+0.53%)

Natural Gas (Nymex, futures prices) USD 2.23 MMBtu, (-0.04%, September 2019 contract)

Gold: USD 1,536.00 / troy ounce (-0.08%)

TASI: 8,257.86 (+0.20%) (YTD: +5.51%)

ADX: 4,997.22 (+0.58%) (YTD: +1.67%)

DFM: 2,729.04 (+0.49%) (YTD: +7.88%)

KSE Premier Market: 6,527.49 (+0.48%)

QE: 9,787.77 (+0.30%) (YTD: -4.96%)

MSM: 3,927.08 (-1.33%) (YTD: -9.17%)

BB: 1,530.75 (-0.20%) (YTD: +14.47%)

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