Stock market indexes witnessed a sharp decline in the middle transactions' session, due to foreigner and Arab investors exiting the market and achieving net sale estimated at 48 million EGP (U.S. $8.05 million). Stock market's main index EGX30 declined by the rate of 1.3 percent. Middle and small companies' index EGX70 declined at the same rate, while the broadest index EGX 100 declined at the rate of 1.1 percent. Most of the major stocks in the main index EGX30 lost in today's session. They included the International Commercial Bank stock, which declined at the rate of 3.2 percent, Orascom for Construction stock at the rate of 0.59 percent and Egyptian Telecom at the rate of 1.7 percent.
