Powered by

EGP / USD CBE market average: Buy 15.79 | Sell 15.91
EGP / USD at CIB: Buy 15.80 | Sell 15.90
EGP / USD at NBE: Buy 15.83 | Sell 15.93

EGX30 (Wednesday): 13,770 (+0.1%)
Turnover: EGP 530 mn (21% below the 90-day average)
EGX 30 year-to-date: -1.4%

THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session up 0.1%. CIB, the index’s heaviest constituent, ended up 0.5%. EGX30’s top performing constituents were Egyptian Resorts up 2.5%, Madinet Nasr Housing up 1.9%, and Emaar Misr up 1.4%. Yesterday’s worst performing stocks were Pioneers Holding down 2.5%, Egyptian Iron & Steel down 2.3% and Qalaa Holdings down 2.1%. The market turnover was EGP 530 mn, and foreign investors were the sole net sellers.

Foreigners: Net short | EGP -21.2 mn
Regional: Net long | EGP +15.6 mn
Domestic: Net long | EGP +5.5 mn

Retail: 49.5% of total trades | 41.0% of buyers | 58.1% of sellers
Institutions: 50.5% of total trades | 59.0% of buyers | 41.9% of sellers

WTI: USD 58.10 (-0.2%)
Brent: USD 64.22 (-0.4%)

Natural Gas (Nymex, futures prices) USD 2.12 MMBtu, (-2.9%, February 2020 contract)
Gold: USD 1,556.60 / troy ounce (+0.8%)

TASI: 8,432 (-0.5%) (YTD: +0.5%)
ADX: 5,174 (+0.1%) (YTD: +1.9%)
DFM: 2,817 (+0.5%) (YTD: +1.9%)
KSE Premier Market: 7,089 (+0.4%)
QE: 10,635 (-0.0%) (YTD: +2.0%)
MSM: 4,039 (+1.6%) (YTD: +1.5%)
BB: 1,636 (+1.0%) (YTD: +1.6%)