Cairo – Mubasher: The Egyptian Exchange’s (EGX) indices declined in the first week of January, following a negative trend hit regional markets as the new year began with geopolitical tensions.

The benchmark index, EGX30, went down by 1.22% to 13,729 points in a week, while the EGX70 index shed 2.65% to 522.42 points.

The EGX100 index lost 2.56% to 1,363 points, while the equally-weighted EGX50 sank 3.15% to 1,902 points.

Market capitalisation decreased by EGP 10.7 billion to EGP 696 billion over the week, compared to EGP 706.7 billion in the previous week.

The EGX’s trading volume reached 682 million shares, while the market’s liquidity amounted to EGP 13.2 billion.