Maintaining a 3-day streak in the red zone, the Egyptian Exchange (EGX) closed trading with a loss of EGP 14.5 billion in market capitalization.

EGX 30 dropped by 1.98% to end at 10,498, while EGX 50 declined by 3.46% to end at 2,222 points.

EGX 70 fell by 3.34% to close at 2,598 points, EGX 100 dropped by 3.29% to end at 3,535 points.

Market capitalization lost EGP 14.5 billion to close at EGP 692.2 billion on Tuesday, compared to EGP 706.75 billion on Monday. 

The market's turnover stood at EGP 1.5 billion after 410.92 million shares were exchanged through nearly 52,980 transactions. 

Local investors were net sellers with EGP 86.02 million, while Arab and foreign investors were net buyers with EGP 45.13 million and EGP 40.89 million, respectively. 

Top gains of the session were by Ismailia Development and Real Estate Co which increased by 7.72%, Rakta Paper Manufacturing by 5.59%, International Co For Investment & Development by 4.4%, and Golden Coast Company by 3.11%.

Top losses of the session were by Misr Duty Free Shops which fell by 20.82%, Ceramic & Porcelain by 16.02%, Rights Issue Of Mena For Touristic And Real Estate Inves-1 by 14.63%, and Paint & Chemicals Industries (Pachin) by 9.67%.