Egypt bourse continues third-week running losses

The Egyptian Exchange closed last week with losses amounting to EGP 32 billion and its indexes were all down for the third week running affected by the sharp decline of international oil prices.
The capital market declined to EGP 476 billion, 3.6 percent less than the preceding week.
During the course of the week, the benchmark index EGX 30 retreated 8.67 percent down to 8,400 points, said a weekly report issued by the Egyptian Exchange, of which MENA received a copy.
The broader EGX 70 index of the leading smaller and mid cap enterprises (SME) declined 11.51 percent to 543 points.
The all-embracing EGX 100 index followed suit with 9 percent taking the index down to 1,031 points.
The capped index EGX 20 plummeted 10.58 percent, closing at 9,418 points.