CAIRO: The Egyptian Exchange (EGX) plunged on Monday, battered by heavy selling pressures following a bomb attack that injured Attorney-General Hisham Barakat and at least three others near Cairo’s Heliopolis district.
Hammered by heavy sell-offs from local and Arab investors, the benchmark index EGX30 dropped 1.65 percent to end at 8,371 points, down from 8,512 points on Sunday.
The market bellwether, CIB, which comprises more than 40 percent of the benchmark weight, slipped 2.01 percent to close at 56.45 EGP per share ($7.39,) compared to 57.61 EGP per share.
Further, the small and mid-cap index EGX70 retreated 1.34 percent to end at 444.7 points, compared to 459.7 points in its last session. The broader index EGX100 also fell by 1.12 percent to close at 941.8 points.
Market capitalization shed around 4.4 billion EGP ($576.66 million,) totaling 485.2 billion EGP, down from 489.6 billion EGP Sunday.