Al-Moasher’s Right Issue Dives 6.67%, Tops NILEX Value Traded

On Wednesday, the Egyptian Exchange of Small and Medium Enterprises (SMEs) – NILEX has witnessed an unsteady performance after trading in 9 stocks. 4 Stocks declined; while 5 others remained with no change.

Trading Rights Issue Of Al-Moasher For Programming And Info  has led NILEX’s downwards as it dived by 6.67% to end at EGP 0.14, topping as well NILEX value traded which hit EGP 203.019 thousand distributed to 1.429 million securities exchanged through 76 transactions.

Utopia Real Estate Investment and Tourism (UTOP)’s stock sank by 4.93% to conclude at EGP 12.35.

Additionally, BIG Trade and Investment (BIGP) pushed down by 3.29% to close at EGP 1.47.

Port Saied for Agricultural Development and Construction (PSAD)’s stock dropped by 1.51% to  finish at EGP 3.91.

Meanwhile, the stocks which remained with no change on Wednesday were Univert for Food Industries (UNFO) at EGP 0.87, Marseille Almasreia Alkhalegeya For Holding Investment (MAAL) at EGP 3.98, Masria Card (MSRC.CA) at EGP 48.79, Al-Moasher for Programming and Information Dissemination (AMPI) at EGP 1.07, and Misr Kuwait Investment & Trading Co. (MKIT) at EGP 1.64.