EGP / USD CBE market average: Buy 16.64 | Sell 16.77

EGP / USD at CIB: Buy 16.64 | Sell 16.74

EGP / USD at NBE: Buy 16.65 | Sell 16.75

EGX30 (Thursday): 14,100.74 (+0.67%)

Turnover: EGP 1,116 mn (58% above the 90-day average)

EGX 30 year-to-date: +8.2%

THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session up 0.67%. CIB, the index heaviest constituent ended down 0.3%. EGX30’s top performing constituents were Qalaa Holdings up 5.8%, Sawa Capital up 5.8%, and Orascom Investment Holding up 5.7%. Thursday’s worst performing stocks were Egypt Kuwait Holding down 0.8%, CIB down 0.3% and Arab Cotton Ginning down 0.2%. The market turnover was EGP 1116 mn, and local investors were the sole net buyers.

Foreigners: Net short | EGP -19.7 mn

Regional: Net short | EGP -119.3 mn

Domestic: Net long | EGP +139.0 mn

Retail: 59.7% of total trades | 63.7% of buyers | 55.8% of sellers

Institutions: 40.3% of total trades | 36.3% of buyers | 44.2% of sellers

WTI: USD 58.47 (-1.62%)

Brent: USD 64.74 (-1.42%)

Natural Gas (Nymex, futures prices) USD 2.31 MMBtu, (-0.69%, Aug 2019 contract)

Gold: USD 1,413.70 / troy ounce (+0.12%)

TASI: 8,851.27 (+0.62%) (YTD: +13.19%)

ADX: 4,979.95 (-0.24%) (YTD: +1.32%)

DFM: 2,658.63 (+1.24%) (YTD: +5.09%)

KSE Premier Market: 6,377.02 (+0.29%)

QE: 10,482.85 (+0.37%) (YTD: +1.79%)

MSM: 3,884.91 (-0.16%) (YTD: -10.15%)

BB: 1,471.04 (+0.19%) (YTD: +10.00%)

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