The Egyptian Exchange closed this week with losses amounting to EGP 40 billion.

The capital market decreased to EGP 444 billion, 8 percent less than the week before.

During the course of the week, the benchmark index EGX 30 went down by 8.97 percent to 7,173 points, said a weekly report issued by the Egyptian Exchange, of which MENA received a copy.

The broader EGX 70 index of the leading smaller and mid cap enterprises (SME) decreased by 7.07 percent to 410 points.

The all-embracing EGX 100 index decreased by 6.35 percent taking the index to 863 points.