Last Updated: Wed Jan 26, 2011 12:25 pm (KSA) 09:25 am (GMT)

Egyptian stock market tumbles on anti-govt protests

Shares at the Egyptian stock exchange was affected by the protests (File)
Shares at the Egyptian stock exchange was affected by the protests (File)

Egypt's stock market has tumbled over 4 percent a day after massive anti-government protests engulfed the capital and other cities, leaving three people dead.

The benchmark EGX30 index was down 4.63 percent, to 6,411.94 points by 10:45 a.m. local time Tuesday. Its year-to-date losses stand so far at over 10 percent.

The tumble came a day after tens of thousands of Egyptians took to the streets, clashing with police, in a protest modeled after the uprising in Tunisia that led to the toppling of that North African nation's longtime leader.

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