EFG-Hermes Leads Egyptian GDRs’ Downwards; LSE

By Yomna Yasser On Apr 17, 2012

Egypt’s Global Depositary Receipts (GDRs) listed in the EGX witnessed on Tuesday a collective downwards during London Stock Exchange (LSE)’s midday trading. Four GDRs have been traded in; 3 downed and 1 rose.

EFG-Hermes Holding (HRHO) fell 9.94% to reach $ 3.77. The Commercial International Bank- Egypt (COMI) also went down 0.88% to reach $ 3.96, losing 4 cents.

Orascom Construction Industries (OCIC) dropped 2.79% to close at $ 40.83, losing $ 1.17.

On the other hand, Orascom Telecom Holding (OTH) (ORTE) solely surged 0.38% to close at $ 2.90, gaining 1 cent.