Egypt: ESE Loses LE Four Billion

The Egyptian Stock Exchange (ESE) incurred losses at the close of trading on Tuesday 19/2/2013 driven by sales by foreign investors as Arabss tended toward purchasing. The bourse's market capital lost LE 4 billion to stand at EGP 381.3 bn.

The EGX 30 benchmark index ratcheted down 1.19 per cent to stand at 5623.09 points.

The broader EGX 70 index of the leading small-and medium-sized enterprises (SMEs) also dropped by 1.64 per cent, reaching 479.9 points.

The overall EGX 100 index followed suit with 1.32 per cent, taking the index down to 811.20 points.

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