CAIRO, May 22, 2018 - Local stocks were in the red on Tuesday, driven by local institutional sell-offs and purchases by Arab and non-Arab investors. Market capitalisation stood at LE948.4 billion. The main index EGX30 declined by 0.73 per cent to close at 16,657.66 points. The broader indices EGX70 and EGX100 slipped by 0.08 percent and 0.34 percent to stand at 859.76 points and 2,188.86 points, respectively, according to bourse data.