EGX extends losing streak, benchmark down 1.5%
Egyptian Exchange - YOUM7

CAIRO: The Egyptian Exchange (EGX) dipped further at the close of Monday’s session, hammered by selling pressures from local and Arab traders.

Egypt’s benchmark index EGX30 slipped 1.48 percent to 7,167 points, down from 7,274 points on Sunday.

Similarly, the small and mid-cap index EGX70 declined 0.9 percent to end at 387.63 points, compared to 391.17 points in its last session.

The broader index EGX100 also retreated 1.06 percent to close at 833.4 points, after 842.35 points on Sunday.

Market capitalization lost around 5.8 billion EGP ($740.49 million,) totalling 443.9 billion EGP, compared to 449.7 billion EGP.

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