EGX loses EGP 16.3bn in mid-day trading
The Egyptian Exchange
Cairo - MENA
The Egyptian Exchange (EGX) lost about 16.3 billion pounds in mid-day trading on Thursday driven by sales by Egyptian and Arab investors.
The main benchmark EGX 30 index went down by 3.26 percent reaching 1,2867.13 points.
The broader EGX 70 index of the leading small and medium sized enterprises (SMEs) decreased by 2.74 percent recording 462.76 points.
The overall EGX 100 index also went down by 2.82 percent reaching 1,129.68 points.
- Tuesday ,22 November GMT 02:06 2016 Egypt's bourse gains over EGP 13bn by institutions and foreign investment funds
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Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opened Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led his
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