Cairo – Mubasher: The Egyptian Exchange (EGX) closed the week ended 28 March in red territory amid expectations of slashing interest rates.
The benchmark EGX30 index fell 0.79%, or 117 points, finishing the week at 14,665 points, compared to 14,782 points last week.
The Commercial International Bank (CIB), the heaviest stock in the main index, grew 0.42% to EGP 68.55 at a turnover of EGP 482.7 million.
The small- and mid-cap EGX70 index went down 0.05% to 685.9 points.
Meanwhile, the broader EGX100 index inched down to 1,739 points from 1,740 points in the prior week.
Market capitalisation lost EGP 6 billion and closed the week at EGP 814.7 billion, compared to EGP 820.7 billion last week.
