Egypt's stock market closed in the red zone on Thursday, as the benchmark EGX30 index declined by 1.4 percent, recording 8,780.76 points, and a turnover of LE371.2 million, the Egyptian Exchange data showed.
Meanwhile, the small and mid-cap EGX70 index and the broader EGX100 index down by 0.83 percent and 0.71 percent respectively.
Local and foreign institutions were net sellers, recording net flows of LE13.8 million and LE18.9 million respectively, while local institutions were net buyers, recording net flows of LE27.8 million.
The EGX market capital lost LE2.24 billion (US$295 million), hitting LE498 billion, compared to LE500.24 billion on Wednesday.