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Egypt’s market loses LE2.5 billion on Thursday, EGX30 down 0.6%

Egypt's market closed on Thursday in the red zone for the third session in a row, as the benchmark EGX30 index inched down 0.61 percent, recording 8,912.05 points and a turnover of LE709  million, the Egyptian Exchange data showed.

Meanwhile, the small and mid-cap index EGX70 and the broader EGX100 index declined 1.19 percent and 0.83 percent, respectively,

Arab, local and foreign institutions were net sellers, recording net flows of LE16.6 million, LE16.19 million and LE14.3 million, respectively, while Arab, local and foreign investors were net buyers, recording net flows of LE7.7 million, LE39.9 million and LE131,031, respectively.

The EGX market capital lost LE2.48 billion (US$326 million) to hit LE501.11 billion, compared to LE503.59 billion on Tuesday.

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