The benchmark index lost about 4.5 per cent by midday Tuesday after already slipping heavily yesterday by 3.42 per cent.
Conflicting vote counting from the campaigns of Egypt's two presidential candidates is negatively impacting the market as well as ambiguity over the power transfer from the current military rule to a civilian government. Official results of the presidential elections should be announced on Thursday.
The broader index EGX70 lost 2.39 per cent.
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