Egypt’s stocks end week in red as benchmark EGX 30 falls 0.4%

Egypt’s stock exchange (EGX) ended in red on Thursday, with the benchmark EGX 30 index falling by 0.4 percent to 12,012 points.

EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) tumbled by 1.18 percent to 2,234 points.

The all-embracing index, EGX 100 dropped by 1.14 percent to 3,277 points.

Market Cap   

The country’s market capitalisation has incurred losses worth 4.2 billion Egyptian pounds ($272 million), ending the trading at 768.350 billion pounds driven by Arab and foreign investors’ selloff.