The Egyptian Exchange (EGX) indices went down on Tuesday on the back of intensive share sales by Arab and local investment funds.

The market capital lost about 1.4 billion pounds to reach 500.9 billion after transactions worth 434 million.

The main benchmark EGX 30 index went down by 0.24 percent, reaching 8,575.27 points.

The broader EGX 70 index of the leading small and medium sized enterprises (SMEs) inched down by 0.52 percent, recording 485.5 points.

The all-embracing EGX 100 index was down 0.62 percent, reaching 986.48 points.