Bourse plagued with losses in Jan
Bourse plagued with losses in Jan
Cairo - MENA
The Egyptian Exchange lost EGP 38.6 billion and its indexes were all down in January.
The capital market declined to EGP 391.1 billion compared to EGP 429.7 billion or 9 percent less than December.
During the course of the month, the benchmark index EGX 30 retreated 14.46 percent down to 5,993 points, said a monthly report issued by the Egyptian Exchange.
The broader EGX 70 index of the leading smaller and mid cap enterprises (SME) declined 5.89 percent to 356 points.
The all-embracing EGX 100 index followed suit with 9.48 percent taking the index down to 716 points.
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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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