The Egyptian Exchange (EGX) closed on Sunday down amid selling operations by Egyptian and Arab investors and purchases of foreign investors after a report issued by international rating agency Standard and Poor's, which raised its sovereign credit rating for Egypt from stable to positive.

The market capital lost about EGP 1 billion to hit EGP 481.2 billion, after transactions of EGP 1.06 billion.

The main benchmark EGX 30 index went down by 0.51 percent reaching 8260.92 points.

The broader EGX 70 index of the leading small and medium sized enterprises (SMEs) dropped by 0.7 percent recording 436.49 points.

The overall EGX 100 index was down 0.34 percent reaching 920.28 points.