OTMT: Highest Volume of Trades on Egypt Bourse in Week

In a week, Egypt’s Orascom Telecom Media and Technology Holding captures the highest volumes traded among other nine active firms listed in the country’s stock exchange.

Ranked first, Orascom (OTMT.CA on EGX) attained a total volume of trades amounting to 231 million securities, with turnovers worth EGP 238 million through last month trading sessions.

Coming second on the list, Amer Group Holding (AMER.CA on EGX) registered a volume of trades amounted to 140 million securities worth EPG 145 million.

Palm Hills Development (PHDC.CA) came third reporting a volume of trades of 64 million securities worth EGP 254 million.

Fourth, Egyptian Resorts – ERC (EGTS.CA on EGX) had a volume of trades hit 55 million securities worth EGP 69 million.

Fifth, Arab Investment and Development (formerly AIC Contracting) (AIND.CA on EGX) had a volume of trades reached 36 million securities worth EGP 50 million.

Sixthly, Qalaa Holdings (CCAP,formerly Citadel Capital) (CCAP.CA on EGX) recorded a volume of trades reached 30 million securities worth EGP 122 million.

Arab Real Estate Investment CO. – ALICO (RREI.CA) came seventh having a volume of trades reached 22 million securities worth EGP 24 million.

Arab Cotton Ginning (ACGC.CA on EGX) has been ranked eighth as its volume of trades amounted to 17.7 million securities worth EGP 81 million.

Electro Cable Egypt (ELEC.CA on EGX) has been ninth reporting a volume of trades reached 17.6 million securities worth EGP 23 million.

At the bottom of the list, the Rights Issue of GMC Group for Industrial, Commercial and Financial Investments (GMCI.CA on EGX) has come tenth recording a volume of trades reached 17.4 million securities worth EGP 3.3 million.