Egyptian Exchange loses EGP 9.4bn; all indexes down
The Egyptian Exchange
Cairo - MENA
The Egyptian Exchange (EGX) indices went collectively down at the end of Tuesday's trading session backed by intensive share sales by local investment institutions.
The market capital lost about 9.4 billion pounds to reach EGP 403.9 billion, after transactions reached about EGP 494.6 million.
The main benchmark EGX 30 index went down by 3.11 percent, reaching 7,531.59 points.
The broader EGX 70 index of the leading small and medium sized enterprises (SMEs) dropped by about 1.76 percent recording 367.72 points.
The overall EGX 100 index was down 2.15 percent reaching 772.97 points.
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Dubai - Arab Today
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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