Cairo - Mubasher: The Egyptian Exchange (EGX) indices declined on Monday, as the benchmark index EGX30 lost 1.5% or 106.8 points to close at 6,982 points.
Global stock markets tumbled Monday as worries over China's economy and instability in the Middle East, which in its turn overshadowed Egypt's bourse.
The market capitalisation shed nearly EGP 4.4 billion ($573 million) reaching EGP 427.8 billion, down from EGP 432.2 billion in the previous session.
Almost all leading stocks were down, topped by heavy weigh Commercial International Bank that sagged 2.5% reaching EGP 38.7 with trading value of EGP 114.4 million.
Meanwhile, the stocks of Orascom Telecom Media and Porto Group went down by 5.6% and 7.3% respectively.
The small and mid-cap index EGX70 went down 1.9% to 376.5 points; while the broader index EGX100 lost 1.6% to 783 points.
Similarly, the equal-weighted index EGX50 slid 1.9% to 1,188 points.
Local and foreign investors came as net buyers with EGP 32.6 million and EGP 22.2 million respectively, while Arab investors came as net sellers with EGP 54.8 million.
Monday's total trading value reached EGP 544.4 million.
