Egyptian Exchange Records Decline as Main Indices Drop; Market Cap Sheds 17 Billion EGP

The Egyptian Exchange witnessed a downturn on Thursday as major indices registered a decline. The EGX 30, the main index, experienced a decrease of 1.50 percent, plummeting to 17,102.30 points. This translated to a loss of 278.03 points, with a daily high of 17,430.07 and a daily low of 17,078.65.

In a similar trend, the EGX 70 index also slipped, marking a decline of 2.66 percent and losing 95.10 points to settle at 3,474.23. Throughout the trading session, it reached a high of 3,591.20 and a low of 3,470.27.

Furthermore, the EGX 30 Capped index experienced a decrease of 1.39 percent, losing 293.10 points and closing at 20,849.54. The index reached a peak value of 21,228.13 during the day but dipped to a low of 20,823.62.

This decline in the Egyptian Exchange led to a significant decrease in market capitalization, with a loss of approximately 17 billion EGP.



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