Stock market closes with losses on Thursday

The Egyptian stock market indices fell on Thursday, affected by the ongoing political unrest and profit-taking.
The market capitalization lost more than LE5 billion and settled at 425.8 billion, with transactions equaling LE395 million.
The main index EGX 30 fell by 0.84 percent to close at 6,712.51 points, while the small and medium-sized index EGX 70 declined by 1.6 percent to close at 538.24 points. The broader EGX 100 fell by 1.28 percent, closing at 918.52 points.
Financial analyst Nehal al-Gammal said the stock market was affected by Thursday's explosion in Nasr City.
She added that she expects the market to rebound following Christmas, after many foreign investors return from the holiday season.
Edited translation from Al-Masry Al-Youm

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