Petroleum Newsroom

Bourse loses EGP 4.6 bln

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CAIRO, May 29 (MENA) – The Egyptian Exchange (EGX) indexes posted collective losses at the close of trading on Wednesday prompted by sales operations by foreign institutions and investment funds.

The market capital lost about EGP 4.6 billion, registering EGP 753.7 billion amid transactions that totaled EGP 1.3 billion.

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The EGX 30 benchmark decreased 0.38 percent, closing at 13,974.13 points.

The broader EGX 70 index of the leading small and mid-cap enterprises (SMEs) went down 0.17 percent, standing at 602.9 points.

The all-embracing EGX 100 index also dropped 0.28 percent, recording 1,537.3 points.

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