The Egyptian Exchange (EGX) lost 12.4 billion pounds at the end of trading Tuesday on the back of intensive sales by foreign investors, fearful of consequences of the declining oil prices in the Gulf region, Egypt's number one investment partner.
The benchmark index EGX 30 retreated 3.58 percent to 8515,66 points, said.
The broader EGX 70 index of the leading smaller and mid cap enterprises (SME) declined by 4.35 percent to 554,53 points.
The all-embracing EGX 100 index followed suit with 3.43 percent taking the index down to 1046,93 points.