Egypt's major stocks have closed in the red for the second consecutive session with the benchmark EGX30 declining 1.09 per cent to 4.908.43 points by the end of Monday trade. The broader EGX70 lost an even greater 1.7 per cent. From 177 listed stocks, only 30 gained in value while 133 fell. Total turnover was LE388.7 million ($64.4 million). A detailed market report will follow shortly