Egypt's Stock Exchange Loses EGP 7 Bln, All Indexes Fall BackSource: www.export-egypt.com 8/14/2018, Location: Africa |
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The Egyptian Exchange indexes posted collective losses at the close of trading, prompted by selling operations by foreign institutions and investment funds besides Egyptian investors, in the wake of the crisis of several emerging markets which affected the money flow worldwide.
The market capital lost EGP 7 billion to reach EGP 860.4 billion amid transactions that hit EGP 950 million. The EGX 30 benchmark index went down by 1.06 percent to register 15,356.81 points. The broader EGX 70 index of the leading smaller and mid cap enterprises (SME) decreased 0.26 percent to stand at 743.79 points. The all-embracing EGX 100 index dropped 0.71 percent to stand at 1,911.08 points. |
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