Egypt’s market loses $268m in week

Egypt’s stock market witnessed losses for the fourth week in a row as all indexes dropped, Egyptian Exchange data showed on Saturday.EGX market capital lost EGP2.1 billion ($268 million) to hit EGP423.1 billion, compared to EGP425.2 billion last week.

The main EGX30 index, small and mid-cap EGX70 index and the broader EGX100 index plunged 3.49 percent, 2.49 percent and 2.19 percent.