CAIRO: Egyptian stocks sharply declined due to political tensions in Egyptian governorates Sunday, as Arab and Foreign shareholders sold shares to cause a loss estimated at 6.03 billion EGP (U.S. $1.01 billion). The EGX 30 declined by 1.8 percent to close at 4,298 points. The EGX 20, EGX 70, and EGX 100 fell by 1.8 percent, 4.2 percent, and 3.4 percent, respectively. Trade was valued at 2.2 million EGP (U.S. $369,000). Egyptian shareholders made up 88.48 percent of trades, while foreign shareholders made up 6.5 percent and Arab shareholders made 4.9 percent of trades.
