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Egypt’s market loses LE4.5 bn on Wednesday, EGX30 down 0.7%

Egypt's market closed in the red zone for the third session in a row, as the benchmark EGX30 index Wednesday declined 0.72 percent to 7,479 points with a turnover of LE575 million, the Egyptian Exchange data showed.
 
The small- and mid-cap EGX70 index and the broader EGX100 index went down 0.40 percent and 0.77 percent, respectively.
 
Local and foreign institutions were net sellers recording net flows of LE9.52 million and LE5.51 million, respectively, while local retail investors were net buyers recording net flows of LE14.6million.
 
The EGX market lost LE4.53 billion (US$564 million), hitting LE451.15 billion, compared to Tuesday's LE455.68 billion.
 

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