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Egypt's stock index fell for a third straight session Tuesday as worries over the crisis in Iraq spurred investors to lock in some of this year's gains. But Gulf markets generally stabilized after losses earlier this week.The Cairo benchmark dropped 1.5 percent to 8,397 points, taking its losses to 4 percent since June 12's two-week high. Egypt's regulator has yet to approve Beltone Financial's bid for 20 percent of investment bank EFG Hermes, causing jitters among investors.Beltone had a late rally to reverse losses and end 3.3 percent higher, although only 7,536 shares traded.The measure eased away from Monday's 11-week low to stand up 33 percent in 2014, as investors switched between booking gains from a near two-year rally and buying back stocks at lower prices.
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