Stock market loses LE146 million

Stock indices declined collectively on Tuesday, affected by local corporations selling to earn profits, while individual Egyptian, Arab and foreign investors preferred to buy.

The main EGX30 index fell by 1.07 percent, the medium stocks EGX70 index fell by 0.9 percent and the broader EGX100 index fell by 0.36 percent.
Market capitalization lost LE146 million to close at LE521.627 billion. 
Local corporations earned the profits they made from CIB and Heliopolis Housing that pushed the EGX30 index to 1,000 points over the past month.
Edited translation from Al-Masry Al-Youm

Related Articles

Back to top button