EGX announces 3 deals worth EGP 324mln ahead Eid al-Adha holiday

By Nada Ali On Jun 26, 2023

Egyptian Exchange — Egyptian Stock Exchange (EGX)

The Egyptian Stock Exchange (EGX) announced the implementation of three large deals on the last working day before the Eid al-Adha holiday, with a total value of 324.2 million Egyptian pounds.

The first deal for the United Company for Housing and Development (UNIT.CA), with a number of shares amounting to 50.4 million shares, at a value of 261.6 million pounds.

The second deal for Electro Cable Egypt (ELEC) shares, amounting to 46.6 million shares, with a total cost of 44.6 million pounds. While the third deal, it included 55.79 million shares of Giza General Contracting and Real Estate Investment Company, at a value of 18 million pounds.

Egyptian Stock Exchange (EGX)Eid al-Adha Electro Cable Egypt (ELEC)Giza General Contracting and Real Estate Investment United Company for Housing and Development (UNIT.CA)