Egyptian bourse loses 14bn pounds in midday trading
Egyptian Exchange
Cairo - MENA
The Egyptian Exchange continued on Sunday with losses in midday trading amounting to EGP 14 billion.
The capital market decreased to EGP 430 billion.
EGX 30 index went down by 5.12 percent to 6805,18 points.
The broader EGX 70 index of the leading smaller and mid cap enterprises (SME) decreased by 5.07 percent to 389,37 points.
The all-embracing EGX 100 index decreased by 3.88 percent taking the index to 829,37 points.
In exclusive statements to MENA, head of Egypt's bourse Mohamed Omran asserted that no exceptional measures will be taken, underlining that the decline comes as a result of the current crisis that hits all world exchange markets due to the fall in oil prices.
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