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Business

EGX loses EGP 21.1 billion last week

Friday 20/July/2018 - 11:46 AM
File photo
File photo
Sada ElBalad-Yara Sameh

Egyptian Stock Exchange market capital lost EGP 21.1 billion to settle at 867 billion over last week's trading sessions، amid a variety of performance in the stock market.

The weekly report stated that the main stock exchange "EGX 30" index declined by 2.92% to close the week at 15416 points، and "EGX 20" index declined by 1.63% to end at 15474 points.

Meanwhile، medium stock index "EGX 70" declined by 2.9% to end at 753 points، and "EGX 100" index declined by 3.16% to end at 1927 points.

Noteworthy، the Egyptian Exchange is one of the oldest stock markets established in the Middle East، according to Egyptian Exchange.

The Egyptian Exchange traces its origins to 1883 when the Alexandria Stock Exchange was established، followed by the Cairo Stock Exchange in 1903.

Egypt's Stock Exchange comprises of two exchanges، Cairo and Alexandria، both governed by the same board of directors and sharing the same trading، clearing and settlement systems.

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