Egypt’s bourse loses LE 63.7 billion in May

CAIRO – 31 May 2019: The Egyptian Exchange lost EGP 63.7 billion during May transactions.

The market capital hit EGP 745 billion in May, compared with EGP 808.7 billion reported last month, recording a decline of 7.9 percent.

According to the bourse monthly report, issued on Friday, all indices showed a collective decline.

The EGX 30 benchmark index went down by 7.7 percent, reaching 13,771.31 points.

The broader EGX 70 index of the leading small and mid-cap enterprises (SMEs) dropped by 7.85 percent to register 597.4 points.

The all-embracing EGX 100 index decreased by 8.17 percent, standing at 1,521.84 points. (