Wall Street ends February in the red: US stocks resumed their decline yesterday, capping a nervy month for stock traders concerned about rising borrowing costs. The Dow Jones shed more than 200 points yesterday to end 0.7% in the red while the S&P 500 lost 0.3%, leaving it down 2.6% during the month. Shares on Wall Street suffered their biggest weekly fall in two months last week as a string of positive economic data raised fears that the Federal Reserve will have to raise interest rates higher than previously thought in order to bring inflation down to target. (Reuters | Bloomberg | Financial Times | CNBC)

Asian markets are up across the board on news that Chinese factory activity hit its highest level since 2012, according to CNBC. Futures suggest a mixed open for shares in Europe and North America later today.

	EGX30	17,002	-0.6% (YTD: +16.5%)
	USD (CBE)	Buy 30.58	Sell 30.68
	USD at CIB	Buy 30.58	Sell 30.68
	Interest rates CBE	16.25% deposit	17.25% lending
	Tadawul	10,103	+1.1% (YTD: -3.6%)
	ADX	9,845	+0.1% (YTD: -3.6%)
	DFM	3,438	+0.6% (YTD: +3.1%)
	S&P 500	3,970	-0.3% (YTD: +3.4%)
	FTSE 100	7,876	-0.7% (YTD: +5.7%)
	Euro Stoxx 50	4,238	-0.2% (YTD: +11.7%)
	Brent crude	USD 83.89	+1.8%
	Natural gas (Nymex)	USD 2.78	+1.7%
	Gold	USD 1,834.60	+0.5%
	BTC	USD 23,146	-1.0% (YTD: +40.2%)

THE CLOSING BELL-

The EGX30 fell 0.6% at yesterday’s close on turnover of EGP 2.21 bn (10.8% above the 90-day average). Foreign investors were net sellers. The index is up 16.5% YTD.

In the green: Ezz Steel (+3.8%), Qalaa Holdings (+3.3%) and Elsewedy Electric (+2.7%).

In the red: Mopco (-6.2%), Rameda Pharma (-3.6%) and Oriental Weavers (-3.3%).