Following global stocks down, Egypt's main index EGX 30 shed around 87 points on Tuesday as foreign investors were driven by a profit-taking sentiment, traders said. After six days of gains, the North African country's benchmark index EGX 30 fell by 1.16 per cent, ending the day's trading at 7,428.14 points. The EGX 70 index, which measures 70 of the country's small and mid caps, added 0.51 per cent to 752.6 points. Volume hit LE1.6 billion ($290 million), according to the Egyptian Exchange.Arab and non-Arab investors made net sell-offs of LE22.2 million and LE59.4 million respectively. Egyptians made net purchases worth LE81.6 million. Meanwhile, world stocks eased off a 18-month high ahead of key corporate earnings, while the yen dipped after lawmakers from Japan's ruling party said it should fall to around 120 per dollar, according to Reuters. The euro ticked higher against the dollar, hanging on to most of Monday's gains reached after the eurozone reached a deal on a rescue package for debt-laden Greece. After the US market close on Monday, Alcoa kicked off the earnings season, reporting results that matched Wall Street estimates. Asian stocks fell 0.7 per cent on earnings nervousness. "Asian markets were lower and we are waiting for more earnings releases," said Giuseppe-Guido Amato, a strategist at Lang & Schwarz in Frankfurt. "I think we have run too far too fast. We have been at high levels so we have to be careful and wait and see." The Morgan Stanley Capital International (MSCI) world equity index fell 0.2 per cent, after reaching its highest level since September 2008 on Monday. The FTSEurofirst 300 index fell 0.1 per cent while emerging stocks lost half a per cent. The yen fell as low as 93.42 per dollar, quickly erasing earlier gains to stand steady on the day, after a group of lawmakers from Japan's ruling party said efforts should be made to maintain "appropriate" currency levels of around 120 yen per dollar.