CAIRO: The Egyptian stock market closed down Monday, with losses estimated at 7.93 billion EGP (U.S. $1.3 billion). The main Egyptian stock market index, the EGX 30, closed transactions with a 2.6 percent decline to close at 4,183 points. The EGX 20 declined by 2.9 percent, while the medium and small companies' index, the EGX 70, declined by 7.4 percent. The EGX 100 declined 3.6 percent. Egyptian transactions tended towards purchases, but they could not keep the index from falling into the red. Transactions were valued at 248.1 million EGP. Arab investors made up 12.16 percent of trades, while foreign investors made up 21.19 percent of transactions. Egyptian investors made up 66.65 percent of total transactions. Orascom Construction declined by 1.5 percent, Ezz Steel by 3.9 percent, Commercial International Bank by 2.9 percent, Amer Group by 9.2 percent, Palm Hills by 6.1 percent, Citadel by 5.6 percent, Egypt Telecom by 2.1 percent, and SODIC by 4.8 percent.