CAIRO: The Egyptian Exchange (EGX) plunged at the close of Sunday session, battered by Arab and local institutions’ sales.
The benchmark index EGX30 tumbled 1.27 percent to end at 8,011 points, down from 8,114 points in the last session.
Further, the small and mid-cap index EGX70 dropped 2.08 percent to end at 446.74 points, compared to 456.2 points during the previous week.
The broader index EGX100 also dipped 1.29 percent to close at 931.73 points, after 943.8 points on Thursday.
Market capitalization shed around 5.43 billion EGP ($ 693.87 million,) totaling 489.5 billion EGP.
Last week, the EGX trading sessions were limited for four after Egypt’s Cabinet designated Thursday August 6, an official public holiday on the occasion of opening the New Suez Canal.