Egypt's market incurred heavy losses on Monday for the third session in a raw, with benchmark index EGX30 dropping 1.16 percent, reaching 8,508.24 points and a LE565.6 million turnover, according to the data from the Egyptian Exchange.
Meanwhile, the broader EGX70 index and the EGX100 index also dropped by1.4 percent and 1.17 percent respectively.
Arab institutions were net buyers, recording net flows of LE1.92 million, while foreign and Local institutions were net sellers, recording net flows of LE31.96 million and LE9.2 million respectively.
EGX market capital lost LE7.37 billion (US$978.8million), to hit LE495.39 billion, compared to LE502.76 billion on Sunday.