Egypt Zones accountACCOUNT

EGX Loses LE 2.5bn over Civil Disobedience Calls

Source: www.export-egypt.com  2/25/2013, Location: Africa

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The Egyptian Exchange (EGX) lost EGP 2.5 billion on 24/2/2013 in light of the troubled political situation in the country and calls for civil disobedience. The EGX 30 benchmark index declined 0.84 percent to stand at 5,579.82 points. The broader EGX 70 index of the leading smaller and medium-sized enterprises (SMEs) dropped 0.51 percent, reaching 474.03 points. The overall EGX 100 index followed suit with 0.63 percent, taking the index down to 802.27 points.

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