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EGX30 loses 374 pts in week; Market cap hits EGP 738bn

EGX30 loses 374 pts in week; Market cap hits EGP 738bn
EGX100 levelled down by 2.7%

Cairo – Mubasher: The Egyptian Exchange’s (EGX) indices decreased in the third week of September, as regional markets affected by the attacks against Saudi oil facilities.

The main index, EGX30, shed 374 points, or 2.5%, to 14,739 points in a week, while the EGX70 index declined by 3% to reach 539 points.

The EGX100 index levelled down by 2.7% to 1,439 points over the week, compared to 1,480 points in the previous week.

Market capitalisation decreased to EGP 738 billion during the week ended 20 September, from EGP 755.13 billion a week earlier.