CAIRO: Three stock market indexes ended today's transactions with a major decline because of foreigner investor sales. The continual sit-ins and unstable conditions in Egypt, despite the latest ministerial reshuffle, reduced the state of optimism after yesterday's ministerial reshuffle. The major index ended transactions EGX 30 with a serious decline today. Decline reached rates of 1.6 percent at levels of 5,176 points. The index of the medium and small companies EGX70 ended transactions with a rate of 1.1 percent and the border index EGX 100 ended today's transactions with a rate of 1.3 percent. Today's transactions reached 457.9 million EGP (U.S. $76.8 million). Foreigner investors acquired 15.46 percent of transactions with net sales estimated at 33.2 million EGP (U.S. $5.5 million); Egyptian investors acquired 78.74 percent of transactions with net purchasing estimated at 23.3 million EGP (U.S. $3.9 million); and Arabs represented 5.81 percent of transactions with net purchasing estimated at 9.9 million EGP (U.S. $1.6 million).
