Egypt's stock market closed lower on Wednesday, with all major indices in the red. The benchmark EGX30 index fell 1.12 per cent to 34,761.97 points, while the Shariah-compliant EGX33 slid 1.46 per cent to 3,490.86 points. The EGX35-LV index lost 0.36 per cent to 3,847.33 points, the SMEs-focused EGX70 declined 0.27 per cent to 10,871.18 points, and the broader EGX100 dropped 0.61 per cent to 14,344.33 points. Total market capitalisation stood at 2.45 trillion Egyptian pounds. Egyptian investors were net sellers with 4.02 billion pounds, while Arab and non-Arab foreign investors were net buyers, with 69.3 million pounds and 3.95 billion pounds, respectively. Earlier this week, the Egyptian Exchange (EGX) announced that Thursday, September 4th will be an official holiday in observance of Mawled El Nabi (Prophet Mohamed's Birthday). Trading will resume on Sunday, September 7th, it added. Attribution: Amwal Al Ghad English Subediting: Y.Yasser