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Egypt’s market loses LE5.2 bn on Tuesday, EGX30 drops 2%

Egypt's market suffered heavy losses again during Tuesday's session, with the benchmark index EGX30 dropping by 2.01 percent, reaching 6,321 points and a LE341 million turnover, according to the data from the Egyptian Exchange.
 
Meanwhile, the broader EGX70 and EGX100 indexes also declined 0.97 percent and 1.79 percent, respectively.
 
Arab retail investors were net buyers recording a net flow of LE23.3 million, while local and foreign institutions were net sellers recording a net flow of LE12.6 million and LE2.5 million, respectively. 
 
The EGX market capital lost LE5.21 billion (US$665 million), to hit LE413.42 billion, compared to LE418.63 billion on Monday.
 

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