Powered by

EGP / USD CBE market average: Buy 16.15 | Sell 16.28
EGP / USD at CIB: Buy 16.16 | Sell 16.26
EGP / USD at NBE: Buy 16.18 | Sell 16.28

EGX30 (Wednesday): 14,209 (+1.1%)
Turnover: EGP 827 mn (17% above the 90-day average)
EGX 30 year-to-date: +9.0%

THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session up 1.1%. CIB, the index’s heaviest constituent, ended up 0.8%. EGX30’s top performing constituents were Madinet Nasr Housing up 6.2%, Orascom Development up 5.1%, and Egyptian Resorts up 3.4%. Yesterday’s worst performing stocks were Cleopatra Hospital down 0.8%, Oriental Weavers down 0.5% and Eastern Co down 0.4%. The market turnover was EGP 827 mn, and foreign investors were the sole net sellers.

Foreigners: Net short | EGP -79.4 mn
Regional: Net long | EGP +27.6 mn
Domestic: Net long | EGP +51.7 mn

Retail: 59.3% of total trades | 58.2% of buyers | 60.4% of sellers
Institutions: 40.7% of total trades | 41.8% of buyers | 39.6% of sellers

WTI: USD 52.88 (-0.9%)
Brent: USD 59.00 (-0.7%)

Natural Gas (Nymex, futures prices) USD 2.29 MMBtu, (-0.4%, November 2019 contract)
Gold: USD 1,492 / troy ounce (-0.1%)

TASI: 7,518 (+0.5%) (YTD: -3.9%)
ADX: 5,086 (+0.1%) (YTD: +3.5%)
DFM: 2,825 (+0.1%) (YTD: +11.7%)
KSE Premier Market: 6,295 (+0.8%)
QE: 10,434 (+0.0%) (YTD: +1.3%)
MSM: 4,003 (-0.3%) (YTD: -7.4%)
BB: 1,525 (+0.4%) (YTD: +14.1%)