The Egyptian stock exchange has closed Tuesday with heavy losses, the benchmark EGX30 down 2.31 per cent at 4,502.9 points. The broader EGX70 lost a similar 2.09 per cent. Total turnover was over LE190 million (over $30m), with EFG-Hermes once again seeing the heaviest trade, followed by Orascom Telecom Media & Technology. A more detailed market report will follow shortly