Egyptian bourse main index loses 6.2% during Ramadan

The Egyptian Exchange indices slipped heavily during the holy fasting month of Ramadan over selling operations by investors due to internal, regional and international conditions, including the Greek crisis, the Iranian nuclear file, the assassination of the prosecutor general and the killing of soldiers in Sinai.

The EGX 30 benchmark index declined to 6.2 percent to close at 8,022.9 points against 8,556.35 points.

The capital market dropped 2.2 billion pounds to reach 486.5 billion pounds.

The broader EGX 70 index of the leading smaller and mid cap enterprises (SME) ratcheted down 4.8 percent to 432.26 points against 454.11 points.

The all-embracing EGX 100 index lost 5.4 percent of its value, finishing at 902.24 points against 954.16 points.