Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) were mostly down during the third quarter of 2018 amid the emerging markets crises and the geopolitical tensions.
The benchmark EGX30 index fell by 10.59% in Q3-18 to 14,616.47 points, versus 16,348.55 points in Q2-18.
The heavyweight Commercial International Bank (CIB) shed 2.7% in the July-September period of this year to EGP 83, versus EGP 85.28 at June’s closing.
Market capitalisation decreased to EGP 803.8 billion during the quarter ended September, compared to EGP 910.8 billion at the end of June.
The small- and mid-cap EGX70 index dropped by 11.46% during Q3-18 to 712.4 points, versus 804.64 points during Q2-18.
The broader EGX100 plummeted 12.2% to 1,810 points, against 2,062 points last June.
The equal-weighted EGX50 index fell 16.7% to 2,278 points during the three-month period ended September, versus 2,736.33 points at Q2-18’s close.
