The EGX indices posted sharp losses in the first quarter of 2020, hitting EGP 235 billion before recovering thanks to the measures taken by the government and the Central Bank of Egypt (CBE) to support the country's economy and bourse.

Data prepared by MENA showed that the market capital recorded net losses of EGP 57.5 billion over the year, registering EGP 650.8 billion at the closing of today's trading session, against EGP 708.2 billion registered in the last session of 2019.

The EGX 30 benchmark index lost 22.3 percent during 2020, recording 10,845 points.

When compared to 2019, the broader EGX 70 EWI of the leading small and mid-cap enterprises (SMEs) is found to have gained about 69.3 percent, hitting 2,145 points at the end of 2020.

Meanwhile, the all-embracing EGX 100 index made strong gains of 41.8 percent, registering 3,097 points during the last trading session of 2020. (