Egyptian Exchange loses EGP 4.8bn
Egyptian Stock Exchange
Cairo - MENA
The Egyptian Exchange lost 4.8 billion pounds at the close of Tuesday's trading amid intensive sales operations by local, Arab and foreign funds and institutions.
EGX indexes were all down as shares of Emaar Misr for Development continued plummeting for the third day in a row, disappointing investors.
The benchmark index EGX 30 dropped 1.5 percent to 7,752.94 points.
The broader EGX 70 index of the leading smaller and mid cap enterprises (SME) declined 1.4 percent to 419.06 points.
The all-embracing EGX 100 index was down 1.54 percent taking the index to 888.62 points.
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