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2026-05-04

WGBX leads ESX +2.13%, AWAB +2.05%; official USD/ETB flat at 156.74

Wegagen Bank (WGBX) led the ESX +2.13% to 1,200 birr; Awash Bank (AWAB) added 2.05% to 3,000 birr. Official USD/ETB held at 156.7401; parallel rate 181.8635, ~16.0% premium.

FX Official USD/ETB held flat at 156.7401 (buy=sell, 0%). Parallel USD/ETB at 181.8635 (-0.02%), keeping the parallel-vs-official premium at ~16.0%. Cross-rates were also unchanged: EUR/ETB 184.4131, GBP/ETB 212.8462, JPY/ETB 0.9855, CNY/ETB 23.05, AED/ETB 42.8858.

Macro No new macro prints inside the last 14 days. Reference levels on file: headline inflation 9.4% YoY (Apr 15), NBE policy rate (NBR) 15.0% (Mar 21), 7-day interbank 17.9%, broad money +39.3% YoY, bank credit +45.3% YoY.

ESX Today's session (2026-05-04): - WGBX (Wegagen Bank): 1,200 birr, +2.13% — biggest gainer - AWAB (Awash Bank): 3,000 birr, +2.05% - GDAB (Gadaa Bank): 1,000 birr, 0% - IBMM (Interbank Money Market): 12.00, -0.07% — only decliner

Watch - Policy: New health directive holds medical agents liable for foreign malpractice (May 2). - Company: Ethio telecom in talks with UK Development Finance Institution on financing (May 2). - Sector: 4th Made in Ethiopia Expo runs May 3-8, targeting 150,000 visitors and 5+ billion birr in deals.