By: Heba El-Kordy
Cairo – Mubasher: The Egyptian Exchange (EGX) closed the four-session week ended on 11 March on a negative note after trading was halted on Thursday as heavy rains hit the country.
The benchmark EGX30 index lost more than 1,000 points or 9.3% to close at 11,194 points during the week, compared to 12,347 points in the prior week.
The EGX70 EWI dropped by 6.5% to close at 1,096 points, while the EGX100 declined by 7.4% to 1,172 points.
Likewise, the EGX50 index retreated by 8.4% to close at 1,553 points.
The market cap value lost EGP 44.7 billion over the course of the week, registering EGP 599.7 billion from EGP 644.47 billion a week earlier.
