Egyptian Bourse loses EGP 112bn in 6 months
Egyptian Exchange
Cairo - MENA
The Egyptian Exchange (EGX) indexes incurred losses totaling 112 billion pounds from February until August.
The market capital went down from 540.6 billion pounds in February 2015 to 428.6 billion pound at today's session, said financial analyst Mohamed Ma'ati in exclusive statements to MENA.
The main benchmark EGX 30 index lost more than 33 percent of its value during this period, equivalent to 3,282 points to reach 6,784 points against 1,00.66 points.
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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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