Egypt: EGX Loses Le 5.4 Billion

The Egyptian Stock Exchange (EGX) incurred losses at the close of Wednesday's trading session amid concern over the troubled political situation in the country.

The market capital lost about LE5.4 billion on Wednesday 24/7/2013 to hit 357.3 billion pounds, after total transactions hit about LE490 million.

The main benchmark EGX 30 index went down by 1.69 per cent, hitting about 5,359.57 points.

The broader EGX 70 index of the leading smaller and mid cap enterprises (SME) declined 2.99 per cent to stand at 432.11 points.

The all-embracing EGX 100 index followed suit with 2.26 per cent, taking the index down to 730.27 points.

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