EGP / USD CBE market average: Buy 17.24 | Sell 17.34

EGP / USD at CIB: Buy 17.22 | Sell 17.32

EGP / USD at NBE: Buy 17.24 | Sell 17.34

EGX30 (Thursday): 14,783 (+0.4%)

Turnover: EGP 663 mn (29% below the 90-day average)

EGX 30 year-to-date: +13.4%

THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session up 0.4%. CIB, the index heaviest constituent ended down 0.7%. EGX30’s top performing constituents were CIRA up 5.1%, SODIC up 3.9%, and Global Telecom up 3.9%. Thursday’s worst performing stocks were Arabia Investments down 1.1%, ACAMD down 1.0% and CIB down 0.7%. The market turnover was EGP 663 mn, and foreign investors were the sole net sellers.

Foreigners: Net short | EGP -61.8 mn

Regional: Net long | EGP +33.1 mn

Domestic: Net long | EGP +28.7 mn

Retail: 54.0% of total trades | 54.8% of buyers | 53.1% of sellers

Institutions: 46.0% of total trades | 45.2% of buyers | 46.9% of sellers

WTI: USD 59.04 (-1.57%)

Brent: USD 67.03 (-1.22%)

Natural Gas (Nymex, futures prices) USD 2.75 MMBtu, (-2.41%, Apr 2019)

Gold: USD 1,318.70 / troy ounce (+0.39%)

TASI: 8,708.66 (+0.79%) (YTD: 11.27%)

ADX: 5,127.45 (+0.57%) (YTD: 4.32%)

DFM: 2,628.74 (-0.57%) (YTD: +3.91%)

KSE Premier Market: 5,890.21 (+1.26%)

QE: 9,953.72 (-0.23%) (YTD: -3.35%)

MSM: 4,152.70 (-0.23%%) (YTD: -3.96%)

BB: 1,426.22 (+0.19%) (YTD: +6.65%)

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