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Egypt’s market loses LE1.3 bn on Wednesday, EGX30 down 0.3%

Egypt's stock market closed in the red zone on Wednesday, for the fourth session in a row, as the benchmark EGX30 index inched down 0.33 percent to 6,802 points with a turnover of LE571 million, the Egyptian Exchange data showed.
 
The small- and mid-cap EGX70 index and the broader EGX100 index inched down 0.31 percent and 0.46 percent, respectively.
 
Local and Arab institutions were net buyers recording net flows of LE58.1 million and LE29.6 million respectively, while foreign institutions were net sellers recording net flows of LE68.5 million.
 
The EGX market capital lost LE1.3 billion (US$166 million), to hit LE424.53 billion, compared to LE425.83 billion on Tuesday.

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