All briefs
2026-04-30

ESX banks open flat as IBMM slips 2.02%; diesel supply restored

ESX bank tickers AWAB (3,000), WGBX (1,175) and GDAB (1,000) opened unchanged on 2026-04-30 while IBMM eased 2.02% to 12. USD/ETB official sells at 158.3075; parallel print missing today.

FX (2026-04-30)

- USD/ETB (official): buy 156.7401 / sell 158.3075 — day change not yet published - EUR/ETB: 183.4956 / 185.3306 - GBP/ETB: 211.7872 / 213.9051 - JPY/ETB: 0.9806 / 0.9904 - CNY/ETB: 22.9353 / 23.1647 - AED/ETB: 42.6724 / 43.0992 - USD/ETB (Parallel): today's print missing — last available 2026-04-29 at 181.8635 / 181.8635 (change −1.7%). Implied parallel-vs-official gap on today's official sell ≈ 14.9% (using yesterday's parallel sell). - NBE Macro FX Gap reading (2026-04-26): 17.5%.

Day-mover: change column is dashed for all FX pairs at 04-30 open, so no clean session move to call out — yesterday's largest move was EUR/ETB +0.83% on 2026-04-29.

Macro

Only one indicator falls inside the 14-day freshness window:

- FX Gap (Parallel vs Official): 17.5% (2026-04-26)

Inflation (9.7% YoY, food 10.8%, non-food 8.1%, dated 2026-03-15), NBE policy rate (15.0%), 91-day T-Bill yield (12.4%), 7-day interbank (17.9%), GDP growth (FY24/25: 8.4%), broad money (+39.3% YoY), bank credit (+45.3% YoY) and budget deficit/GDP (1.1% in 7M FY25/26) all sit outside the 14-day window and are not refreshed in today's brief.

ESX (close 2026-04-30)

| Ticker | Name | Last (ETB) | Change | |---|---|---|---| | AWAB | Awash Bank | 3,000.00 | 0.00% | | WGBX | Wegagen Bank | 1,175.00 | 0.00% | | GDAB | Gadaa Bank | 1,000.00 | 0.00% | | IBMM | Interbank Money Market | 12.00 | −2.02% |

The day's only mover is IBMM (−2.02%). All three listed bank shares are unchanged. Context: WGBX climbed back to 1,175 yesterday after a mid-week dip to 1,022.60 (a 14.9% rebound on 2026-04-29). AWAB has been pinned at 3,000 since 2026-04-27 following its 2026-04-23 listing reference of 3,011.19.

Watch

- Diesel supply normalised: Ethiopia restored daily diesel supply to 9 million litres after a two-month halving tied to disruption around the US-Israel-Iran conflict; trucks are again moving from Djibouti to Addis (Reporter, 2026-04-29). Tailwind for transport, manufacturing and headline inflation. - Insurance opening: A new draft Insurance Proclamation would open the sector to foreign investment, ending decades of domestic-only market dominance (Capital, 2026-04-28). Watch the legislative path — material for any future ESX insurance listings. - Ethiopian Airlines × Visa: The carrier and Visa expanded their co-branded card partnership (ENA, 2026-04-29). - Filings (recent): AWAB — Awash Bank S.C. listed on ESX Main Market on 2026-04-23 (37,896,928 shares).