EGP / USD CBE market average: Buy 16.69 | Sell 16.79

EGP / USD at CIB: Buy 16.67 | Sell 16.77

EGP / USD at NBE: Buy 16.71 | Sell 16.81

EGX30 (Thursday): 14,181 (+0.2%)

Turnover: EGP 560 mn (28% below the 90-day average)

EGX 30 year-to-date: +8.8%

THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session up 0.2%. CIB, the index heaviest constituent ended up 0.01%. EGX30’s top performing constituents were SODIC up 5.0%, Arabia Investments Holding up 3.1%, and CIRA up 2.7%. Thursday’s worst performing stocks were Telecom Egypt down 1.9%, Juhayna down 1.7% and AMOC down 1.5%. The market turnover was EGP 560 mn, and foreigner investors were the sole net sellers.

Foreigners: Net short | EGP -46.8 mn

Regional: Net long | EGP +32.4 mn

Domestic: Net long | EGP +14.3 mn

Retail: 51.9% of total trades | 53.0% of buyers | 50.9% of sellers

Institutions: 48.1% of total trades | 47.0% of buyers | 49.1% of sellers

WTI: USD 52.51 (+0.44%)

Brent: USD 62.01 (+1.14%)

Natural Gas (Nymex, futures prices) USD 2.39 MMBtu, (+2.67%, Jul 2019 contract)

Gold: USD 1,344.50 / troy ounce (+0.06%)

TASI: 8,941.54 (-1.58%) (YTD: +14.24%)

ADX: 4,963.69 (-0.54%) (YTD: +0.99%)

DFM: 2,633.00 (-1.15%) (YTD: +4.08%)

KSE Premier Market: 6,390.70 (-1.0%)

QE: 10,515.88 (-1.00%) (YTD: +2.11%)

MSM: 3,918.49 (-1.10%) (YTD: -9.37%)

BB: 1,448.90 (-0.14%) (YTD: +8.35%)

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