Egypt bourse loses EGP 5.2bn, index down to lowest level in 2 years
Egypt bourse
Cairo - MENA
The Egyptian Exchange (EGX) indices closed down on Tuesday to its lowest level in two years, amid fears of the consequences of downing a Russian warplane on the Syrian-Turkish border and the Arish terror attacks.
The market capital lost about EGP 5.2 billion to hit EGP 413.4 billion, after transactions of EGP 450 million.
The main benchmark EGX 30 index went down by 2.01 percent reaching 6,321.39 points.
The broader EGX 70 index of the leading small and medium sized enterprises (SMEs) dropped by 0.97 percent recording 350.08 points, touching the lowest level in its history that was recorded last week when it stood at 349.9 points.
The overall EGX 100 index was down 1.8 percent reaching 748.83 points, the lowest number in 30 months.
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Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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