Stock market indexes ended its transactions today, December 5, with a sharp decline, supported by an intense sale processes from foreign investors. At the same time of the parliamentary elections runoff, the stock market lost 2.1 billion EGP (U.S. $349.7 million) from its market capital, while Arabs and Egyptians transactions tended to purchases. EGX30 main index decreased by 1.3 percent at 4020 points, while EGX20 decreased by 0.89 percent. Index of medium and small companies EGX70 declined by 0.77 percent and EGX100 declined by 0.91 percent; transaction size today reached 310.5 million EGP (U.S. $51.7 million). Head of the Egyptian stock market Mohamed Omran told Al-Arabya satellite channel the market will never be closed under any condition and its work will relate to the banks' work. "If conditions forced us to close the banks, we'll close the Egyptian stock market as well," Omran said.
