Al-Moasher Seizes 35% Of NILEX Trading In Week

During the last week trading, Trading Rights Issue Of Al-Moasher For Programming And Info has managed to become on the top nine active NILEX-listed as its volume of trades have reached 644.6 thousand securities worth EGP 164.7 thousand.

The Listing Committee held on 31/10/2012 has approved listing and trading the right issues of AL Moasher Programming And Information Dissemination, separately from the underlying shares of the company. The company’s issued rights amounted to 7,073,000 rights, are as a result of the company’s capital increase from LE 7.073 million to LE 21.219 million, such increase amounting to LE 14.146, is through rights issue for the company’s existing shareholders (at the rate of 2 underlying shares for each one right). Taking into consideration the following :

(1) The last trading day for the underlying share adjusted with the rights issue will be 04/11/2012.

(2) Data of the rights issue will be added to EGX database staring 08/11/2012, while the trading of such rights separately from the underlying shares of the company will be during the period from 08/11/2012 to 09/12/2012, to be removed from EGX database by the end of 09/12/2012 trading session.

Through the last week, NILEX had volume of trades hit 1.8 million securities worth EGP  5.7 million exchanged through 939 transactions.

Marseille Almasreia Alkhalegeya For Holding Investment (MAAL) has ranked second as its volume of trades amounted to 332.5 thousand securities worth EGP 1.683 million.

Al-Moasher for Programming and Information Dissemination (AMPI)’s stock has come third as its volume of trades reached 301.2 thousand securities worth EGP 332.8 thousand.

Fourthly, Port Saied for Agricultural Development and Construction (PSAD) has recorded volume of trades reached 175.3 thousand securities worth EGP 992.3 thousand.

Fifthly, Utopia Real Estate Investment and Tourism (UTOP) has recorded volume of trades reached 137.3 thousand worth EPG 2.127 million.

BIG Trade and Investment (BIGP) has ranked sixth having volume of trades of 129.4 thousand securities worth EPG 259.4 thousand.

Univert for Food Industries (UNFO) has come seventh recording volume of trades of 110.6 thousand securities worth EPG 107.2 thousand.

Eighthly, AMICO Medical Industries (AMECO)has had recorded a volume of trades of 400 securities worth EGP 4.8 thousand.

At the bottom of the list, Pharaoh Tech for Control and Communication Systems (PTCC) has come ninth with a volume of trades worth EPG 900 exchanged.