File - Traders work at the Egyptian stock exchange in Cairo, in this February 2, 2014. (REUTERS/ Mohamed Abd El Ghany)
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Egypt's bourse posted its biggest percentage loss in seven months Monday, as local investors continued to book profits on positions built in anticipation of former army chief Abdel-Fattah al-Sisi's run for president.Actis, which bought into Egypt's biggest listed bank in July 2009 – when it traded at less than a half of Monday's closing price – sold shares equivalent to 2.6 percent of the bank, but retains a stake of 6.5 percent and a seat on the board, CIB said.Shares in telecommunications operator Omantel fell 0.3 percent to 1.50 rials as the government started selling 71.25 million shares to Omani individual investors at the price of 1.35 rials per share, as part of its privatization drive.
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