The Egyptian stock exchange fell on Thursday for the third consecutive session with a turnover of LE772 million.
The market's main index EGX30 down 2.2 percent to 9,196.93 points, due to sales of foreign institutions which recorded a net flow of LE64.55 million according to Sigma Securities Brokerage.
"The EGX 30 continued the decline as selling pressure took place in most of the stocks pulling the index sharply back to close on the session’s low, trading volume decreased suggesting that a rebounding process may likely place," Blom Egypt Securities said
Local retail investors and local institutions recorded net purchases of LE27.02 million and LE26.35 miliion respectively.
EGX market capital lost LE8 billion to hit LE507.9 billion compared to LE515.9 billion on Wednesday .
