EGP / USD CBE market average: Buy 16.55 | Sell 16.67

EGP / USD at CIB: Buy 16.56 | Sell 16.66

EGP / USD at NBE: Buy 16.56 | Sell 16.66

EGX30 (Thursday): 13,670 (+0.2%)

Turnover: EGP 492 mn (23% below the 90-day average)

EGX 30 year-to-date: +4.9%

THE MARKET ON Thursday: The EGX30 ended Thursday’s session up 0.2%. CIB, the index heaviest constituent ended up 0.1%. EGX30’s top performing constituents were CIRA up 7.2%, Orascom Investment Holding up 1.8%, and Egyptian Iron & Steel up 1.4%. Thursday’s worst performing stocks were GB Auto down 4.0%, Kima down 1.0% and Egypt Kuwait Holding down 0.7%. The market turnover was EGP 492 mn, and local investors were the sole net buyers.

Foreigners: Net Short | EGP -14.4 mn

Regional: Net Short | EGP -3.3 mn

Domestic: Net Long | EGP +17.7 mn

Retail: 38.7% of total trades | 42.7% of buyers | 34.6% of sellers

Institutions: 61.3% of total trades | 57.3% of buyers | 65.4% of sellers

WTI: USD 55.63 (+0.60%)

Brent: USD 62.47 (+0.87%)

Natural Gas (Nymex, futures prices) USD 2.25 MMBtu, (-1.57%, August 2019 contract)

Gold: USD 1,426.70 / troy ounce (-0.10%)

TASI: 9,033.83 (-0.46%) (YTD: +15.42%)

ADX: 5,218.13 (+2.70%) (YTD: +6.17%)

DFM: 2,762.98 (+1.73%) (YTD: +9.22%)

KSE Premier Market: 6,746.74 (-0.33%)

QE: 10,503.10 (-1.04%) (YTD: +1.98%)

MSM: 3,747.69 (-0.01%) (YTD: -13.32%)

BB: 1,537.78 (-0.06%) (YTD: +15.00%)

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