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Egypt’s market loses LE1.8 bn on Tuesday, EGX30 down 0.7%

Egypt's market closed in the red zone on Tuesday, as the world markets extend losses and China falters again, according to AFP.
 
The benchmark EGX30 index went down 0.67 percent, to 7,203.86 with a turnover of LE392 million, the Egyptian Exchange data showed.
 
Meanwhile, the small and mid-cap EGX70 index and the broader EGX100 index declined 1 percent and 0.27 percent, respectively.
 
Local and Arab institutions were net sellers recording net flows of LE4.5 million and LE15.3 million respectively, while foreign institutions were net buyers recording net flows of LE 8.3 million.
 
The EGX market lost LE1.77 million (US$227 million), hitting LE445.97 billion, compared to LE447.74 billion on Monday. 

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