The Egyptian Exchange (EGX) lost about 1.7 billion pounds at the close of trading on Tuesday on the back of sales operations by local and Arab investment funds.

The main benchmark EGX 30 index went down by 0.32 percent reaching 7,948.93 points.

The broader EGX 70 index of the leading small and medium sized enterprises (SMEs) also downed by 0.12 percent recording 347.28 points. 

The overall EGX 100 index also declined by 0.31 percent reaching 781.95 points.