BIG Soars 4.89%, Marseille Tops NILEX Traded Value
On Sunday, the Egyptian Exchange of Small and Medium Enterprises (SMEs) – NILEX has witnessed unsteady performance amidst trading in 7 stocks. Three stocks advanced, three others declined; while AMICO Medical Industries (AMECO) solely remained with no change at EGP 12.
BIG Trade and Investment (BIGP)’s stock pushed up by 4.89% to conclude at EGP 1.93 recording traded value of EGP 46.567 thousand distributed to 24.163 thousand securities exchanged through 16 transactions.
Port Saied for Agricultural Development and Construction (PSAD)’s stock soared by 4.45% to close at EGP 5.87 reporting traded value of EGP 405.828 thousand distributed to 69.165 thousand securities exchanged through 59 transactions.
Utopia Real Estate Investment and Tourism (UTOP)’s stock also surged by 0.63% to conclude at EGP 15.87 recording a traded value of EGP 471.070 thousand distributed to 29.680 thousand securities exchanged through 41 transactions.
On the other hand, Al-Moasher for Programming and Information Dissemination (AMPI)’s stock dived by 4.07% to finish at EGP 1.18 recording a traded value of EGP 69.614 thousand distributed to 59.150 thousand securities exchanged through 16 transactions.
Trading Rights Issue Of Al-Moasher For Programming And Info closed at EGP 0.29.
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.
Moreover, Marseille Almasreia Alkhalegeya For Holding Investment (MAAL) sank by 3.54% to conclude at EGP 4.91. MAAL’s stock has topped NILEX traded value which hit EGP 662.950 thousand distributed to 135.116 thousand securities exchanged through 94 transactions.
Univert for Food Industries (UNFO)’s stock pushed down by 1.04% to close at EGP 0.95 recording a traded value of EGP 27.026 thousand distributed to 28.400 thousand securities exchanged through 5 transactions.
