Egypt bourse loses EGP 1.6bn, index down 4.8%
Egyptian Exchange
Cairo - MENA
The Egyptian Exchange (EGX) closed down on Sunday amid selling operations by Arab institutions and investment funds and purchase by Egyptian and foreign individuals.
The market capital lost about EGP 1.6 billion to hit EGP 488.5 billion, after transactions of about EGP 205 billion.
The main benchmark EGX 30 index went down by 0.48 percent reaching 8535.19 points.
The broader EGX 70 index of the leading small and medium sized enterprises (SMEs) dropped by 0.16 percent recording 456.38 points.
The overall EGX 100 index was down 0.38 percent reaching 959.17 points.
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Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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