Egyptian stock exchange indices down on new government formation
Cairo - MENA
The Egyptian Stock Exchange (EGX) indices went down during Tuesday trading.The market capital lost 1.2 bln pounds, recording 490.6 bln pounds after trading of 1.6 bln pounds.The EGX benchmark index went down by 0.21 percent, recording 8,029.22 points as the EGX 100 index lost 0.82 percent recording 1120.8 points.Also, EGX 70 of leading mid cap enterprises lost 0.76 percent hitting 1,120.8 points.The formation of the new government is to blame for the decrease on the stock market.
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