Bourse Loses EGP 2.2 BillionSource: www.export-egypt.com 5/27/2013, Location: Africa |
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Egypt's bourse recorded a collective decline at the beginning of the week's trading on 26/5/2013, hit by lack of liquidity and driven by selling operations by unmotivated foreign investors. The market capital lost EGP 2.2 billion to reach GPE 258.5 billion. The EGX 30 benchmark index went down 0.81 per cent to close at 5,300.16 points. The broader EGX 70 index of the leading smaller and mid cap enterprises (SMEs) dropped by 0.84 per cent to 443.66 points. The all-embracing EGX. 100 index also slipped by 0.8 per cent to close at 745.46 points.
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