EGX indices down, main index drops 1.88%

The Egyptian Exchange (EGX) indices went collectively down at the beginning of Thursday's session amid selling operations by local institutions.

The market capital lost about 3.2 billion pounds to reach EGP 411.5 billion against 414.7 billion on Wednesday, after transactions reached about EGP 146.3 million.

The main benchmark EGX 30 index went down by 1.88 percent, reaching 7,715.9 points.

The broader EGX 70 index of the leading small and medium sized enterprises (SMEs) dropped by about 0.03 percent recording 372.54 points.

The overall EGX 100 index was down 0.29 percent reaching 786.8 points.