EGP / USD CBE market average: Buy 17.62 | Sell 17.72

EGP / USD at CIB: Buy 17.62 | Sell 17.72

EGP / USD at NBE: Buy 17.60 | Sell 17.70

EGX30 (Monday): 14,366 (+0.9%)

Turnover: EGP 1.0 bn (19% above the 90-day average)

EGX30 year-to-date: +10.2%

THE MARKET ON MONDAY: The EGX30 ended Monday’s session up 0.9%. CIB, the index heaviest constituent ended up 2.7%. EGX30’s top performing constituents were Arab Cotton Ginning up 5.2%, Juhayna up 4.3%, and Heliopolis Housing up 4.1%. Yesterday’s worst performing stocks were Ezz Steel down 2.7%, Egyptian Resorts down 2.4% and Telecom Egypt down 2.2%. The market turnover was EGP 1.0 bn, and local investors were the sole net buyers.

Foreigners: Net Short | EGP -61.9 mn

Regional: Net Short | EGP -11.5 mn

Domestic: Net Long | EGP +73.5 mn

Retail: 69.1% of total trades | 60.1% of buyers | 63.7% of sellers

Institutions: 38.1% of total trades | 39.9% of buyers | 36.3% of sellers

WTI: USD 54.27 (-1.79%)

Brent: USD 62.35 (-0.64%)

Natural Gas (Nymex, futures prices) USD 2.67 MMBtu, (-2.23%, Mar 2019)

Gold: USD 1,319.10 / troy ounce (-0.23%)

TASI: 8,520.64 (-0.07%) (YTD: +8.87%)

ADX: 5,128.09 (+1.03%) (YTD: +4.33%)

DFM: 2,529.18 (-0.44%) (YTD: -0.02%)

KSE Premier Market: 5,426.45 (+0.38%)

QE: 10,727.53 (+0.36%) (YTD: +4.16%)

MSM: 4,166.30 (+0.46%) (YTD: -3.64%)

BB: 1,397.55 (+0.10%) (YTD: +4.51%)

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