Cairo – Mubasher: Egypt’s stock market indices were down during the first half of 2015, while market capitalisation fell by EGP 14.8 billion ($1.9 billion) pressured by Arab selling activity.
The benchmark index EGX30 slipped by 6.2% or 555.05 points to close at 8371.53 points, down from 8926.58 points at the end of 2014.
Similarly, EGX70, which measures small and mid-cap stocks, fell by 21.35% or 120.74 points to end the six-month period at 444.69 points, compared with 565.43 points at 2014-end.
The broader index EGX100 ended 13.6% or 148.69 points lower at 941.77 points, down from 1090.46 points.
Non-Arab foreign traders were net buyers by EGP 164.68 million during H1-15, while Arab traders were net sellers by EGP 189.30 million, according to a report issued by EGX.