Egypt bourse loses EGP 6.4bn
Egyptian Exchange
Cairo - MENA
The Egyptian Exchange (EGX) indices shut on Wednesday's session collectively down amid heavy sells by local and Arab investors in preparation for the economic summit in Sharm El Sheikh in March.
The market capital lost about 6.4 billion pounds to hit 510.9 billion pounds, after transactions reached over 1 billion pounds.
The loss is considered the biggest daily loss this week.
The main benchmark EGX 30 index went down by 1.48 percent reaching 9,469.08 points.
The broader EGX70 index of the leading small and medium sized enterprises (SMEs) dropped by 1.17 percent recording 562.95 points.
The overall EGX100 index was down 1.1 percent reaching 1,124.06 points.
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