Egypt Market Watch | June 11th 2015: Egyptian equity markets further nose-dive by EGP 1.5 billion on thin liquidity
Cairo, Egypt (Capital Markets in Africa):- The Egyptian Exchange (EGX) indices further nose-dive and end the week on a negative note, with the market capitalisation giving away nearly EGP 1.5 billion to close at EGP 489.388 billion (against EGP 490.888 billion recorded yesterday), as it was pressured by selling tendency of retail traders as well as local and Arab institutions. The benchmark index EGX30 drifted by 0.15 percent or 12.97 points to end the day at 8,626.46…
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