The Egyptian Exchange (EGX) indices closed down on Monday amid intensive selling operations by Egyptian institutions, investment funds and Arab and foreign investors.

The market capital lost about EGP 6.2 billion to hit EGP 443.9 billion, after transactions of about EGP 1.7 billion.

The main benchmark EGX 30 index went down by 1.48 percent reaching 7,166.62 points.

The broader EGX 70 index of the leading small and medium sized enterprises (SMEs) dropped by 0.9 percent recording 387.63 points.

The overall EGX 100 index was down 1.06 percent reaching 833.38 points.