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EGP / USD CBE market average: Buy 15.73 | Sell 15.86
EGP / USD at CIB: Buy 15.73 | Sell 15.83
EGP / USD at NBE: Buy 15.76 | Sell 15.86

EGX30 (Wednesday): 13,752 (+0.8%)
Turnover: EGP 445 mn (32% below the 90-day average)
EGX 30 year-to-date: -1.5%

THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session up 0.8%. CIB, the index’s heaviest constituent, ended up 1.1%. EGX30’s top performing constituents were KIMA up 3.2%, Sidi Kerir Petrochemicals up 2.4%, and AMOC up 2.1%. Yesterday’s worst performing stocks were Orascom Development Egypt down 1.8%, SODIC down 0.4% and Eastern Company down 0.1%. The market turnover was EGP 445 mn, and foreign investors were the sole net buyers.

Foreigners: Net long | EGP +78.7 mn
Regional: Net short | EGP -58.0 mn
Domestic: Net short | EGP -20.7 mn

Retail: 52.5% of total trades | 47.0% of buyers | 58.0% of sellers
Institutions: 47.5% of total trades | 53.0% of buyers | 42.0% of sellers

WTI: USD 56.08 (-3.9%)
Brent: USD 62.71 (-2.9%)

Natural Gas (Nymex, futures prices) USD 1.91 MMBtu, (+0.9%, February 2020 contract)
Gold: USD 1,558.50 / troy ounce (+0.0%)

TASI: 8,428 (-0.2%) (YTD: +0.5%)
ADX: 5,234 (+1.0%) (YTD: +3.1%)
DFM: 2,848 (-0.2%) (YTD: +3.0%)
KSE Premier Market: 7,093 (-0.2%)
QE: 10,680 (-0.1%) (YTD: +2.5%)
MSM: 4,056 (-0.1%) (YTD: +1.9%)
BB: 1,651 (+0.5%) (YTD: +2.6%)