EGP / USD CBE market average: Buy 17.57 | Sell 17.67

EGP / USD at CIB: Buy 17.56 | Sell 17.66

EGP / USD at NBE: Buy 17.55 | Sell 17.65

EGX30 (Tuesday): 14,733 (+2.6%)

Turnover: EGP 2.0 bn (134% above the 90-day average)

EGX 30 year-to-date: +13%

THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session up 2.6%. CIB, the index heaviest constituent ended up 3.0%. EGX30’s top performing constituents were GB Auto up 6.5%, TMG Holding up 6.0%, Arab Cotton Ginning up 5.1%. Yesterday’s worst performing stocks were Orascom Development Egypt down 0.3%, and Cairo Investment & Real Estate Development down 0.1%. The market turnover was EGP 2.0 bn, and local investors were the sole net buyers.

Foreigners: Net Short | EGP -128.8 mn

Regional: Net Short | EGP -26.4 mn

Domestic: Net Long | EGP +155.2 mn

Retail: 54.3% of total trades | 49.1% of buyers | 59.5% of sellers

Institutions: 45.7% of total trades | 50.9% of buyers | 40.5% of sellers

WTI: USD 53.63 (-1.70%)

Brent: USD 61.96 (-0.88%)

Natural Gas (Nymex, futures prices) USD 2.67 MMBtu, (+0.49%, Mar 2019)

Gold: USD 1,319.90 / troy ounce (-0.03%)

TASI: 8,623.92 (+1.21%) (YTD: +10.19%)

ADX: 5,137.30 (+0.18%) (YTD: +4.52%)

DFM: 2,542.82 (+0.54%) (YTD: +0.52%)

KSE Premier Market: 5,451.82 (+0.47%)

QE: 10,715.29 (-0.11%) (YTD: +4.04%)

MSM: 4,169.13 (+0.07%) (YTD: -3.58%)

BB: 1,403.69 (+0.44%) (YTD: +4.97%)

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