The benchmark index, EGX30, suffered a decline exceeding 3 percent over the week and eventually closed at 16,745.5 points.

Similarly, the EGX50 index experienced a decrease of 3.2 percent, ending at 3,035.1 points. The EGX70 also saw a decline of 3.2 percent, reaching 2,962 points, while the EGX100 shed 3.1 percent and concluded at 4,497 points.

Moreover, trading volume plummeted 38.6 percent in a week, with approximately 402.9 million shares traded. The trading of these shares generated a value of EGP 1.7 billion which resulted from 64,834 transactions.

* 1 USD = 30.95 EGP according to the Central Bank of Egypt's official exchange rate on Thursday 18 May.