The Egyptian Exchange (EGX) ended Tuesday in the red following a sharp downturn in its indices.

Market capitalisation lost EGP 15.5 billion, closing at EGP 912.12 billion.

The benchmark EGX30 index dropped by 2.33 percent, closing the mid-week session at 16,022.11 points.

The small- and mid-cap EGX70 index slumped 1.57 percent to 818.69 points, while the broader EGX100 index fell 1.65% to 2,085.01 points.

The EGX50 index went down 2.2 percent, to 2,735.33 points.

The EGX’s trading volume stood at 158.5 million shares exchanged at a turnover of EGP 817.5 million through 20,43 transactions.