CAIRO: Egypt stocks declined at the final transactions on Wednesday December 7 due to Arab and Foreign shareholders' sell-off, reaching 4000 points. Although Egyptian shareholders' purchases pushed the share to go up during the morning session and mid-session, the main indexes closed in the red zone, losing 1.6 billion EGP (U.S. $266.44 million). Main index EGX30 declined 0.70 percent at 3996 points. The indexes EGX20, EGX70 and EGX100 went down by 0.35 percent, 0.69 percent, 0.70 percent, respectively. The Egyptian shareholders' dealings got 50.76 percent of total transactions, gaining 49.2 million EGP (U.S. $8.2 billion). Arab shareholders obtained 3.31 percent to get 8.06 percent as net profit. Foreign shareholders' dealings reached 45.93 percent, gaining 41.2 million EGP (U.S. $6.86) as net profit.
