Bourse loses EGP 7.7 bn

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CAIRO, May 20 (MENA) – Egyptian Exchange (EGX) indexes posted collective losses at the close of trading on Monday prompted by sales operations by local investment funds and institutions and purchases by Arab and foreign investors.

The market capital lost about EGP 7.7 billion, registering EGP 733.7 billion, after transactions that totaled EGP 411.2 million.

The EGX 30 benchmark decreased 1.05 percent, closing at 13,379.46 points.

The broader EGX 70 index of the leading small and mid-cap enterprises (SMEs) went down 0.32 percent, standing at 599.42 points.

The all-embracing EGX 100 index also dropped 0.54 percent, recording 1,518.91 points.

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