The Egyptian stock market continues to decline and loses 3.2 billion pounds



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Egyptian equity indices continued their downward performance at the close of trading on Monday, as investor segments, particularly Egyptian and Arab individuals, continued to push sales.

This comes in the midst of market recovery expectations with the close of current market subscriptions, which have affected market liquidity rates.

The market capitalization of listed companies lost 3.2 billion Egyptian pounds, closing at 720 billion Egyptian pounds, for a total of 8.1 billion pounds sterling.

The main index of the Egyptian stock market (EGX 30) lost 0.28% to reach the level of 13421.91 points.

The small and mid-cap index (EGX70) fell 0.42% to reach the level of 524.93 points.

The broad EGX100 index fell 0.43% to 1356.7 points.

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