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EGX loses over EGP 8bn in market cap yesterday

The Egyptian Exchange (EGX) closed Monday’s trading session on a negative note.

The market cap lost EGP 8.09 billion to close at EGP 741.982 billion.

The main EGX30 index fell by 0.07% to end at 11,178 points after the heavyweight Commercial International Bank (CIB) rose by 2.05% to EGP 48.4 and e-finance plunged by 8.42% to EGP 21.22.

The small- and mid-cap EGX70 EWI declined by 3.6% to 2,345 points, while the EGX100 EWI dropped by 2.8% to 3,323 points and the EGX50 EWI retreated by 3.09%% to end at 2,124 points.