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There were no signs of fresh protests in the capital through the early afternoon. Tuesday's unrest led the Egyptian stock market to tumble by more than 5 percent on Wednesday, the first concrete sign that the demonstrations have impacted the country's economy. The Egyptian Exchange's benchmark EGX30 index was down almost 5.3 percent to 6,367.27 points by about 1:30 p.m. local time. The drop was the sharpest since May, when the index fell slightly over 6 percent, according to traders. The protests were Egypt's biggest in years and are likely to fuel dissent in a presidential election year. Mubarak, 82, has yet to say whether he plans to run for another six-year term in office. He is thought to be grooming his son Gamal to succeed him, a prospect that is opposed by many Egyptians. "Down with Hosni Mubarak, down with the tyrant," chanted the crowds in Cairo on Tuesday. "We don't want you!" they screamed. One sign carried by protesters on Tuesday said: "Gamal, take your dad and go."
[Associated
Press;
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