EGX Of SMEs: IBC Solely Falls While EGY-STON Jumps 4.2%

By Yomna Yasser On May 20, 2013

Stocks traded on the Egyptian Exchange of the Small and Medium Enterprises (SMEs) – NILEX were mostly higher by on Monday after trading in 8 stocks.

On Monday, 4 stocks advanced, 3 steadied; while International Business Corporation For Trading and Agencies – IBC (IBCT) solely fell.

International Business Corporation For Trading and Agencies – IBC (IBCT)’s stock dived by 4.73% to close at EGP 6.85.

On the contrary, Egypt Intercontinental for the manufacture of granite and marble EGY-STON (MISR)’s jumped stock by 4.21% leading NILEX’s upwards for the second day. The stock closed at EGP 4.21.

Marseille Almasreia Alkhalegeya For Holding Investment (MAAL)’s stock soared by 3.11% to conclude at EGP 4.31. The stock topped NILEX’s traded value as it reached EGP 283.048 thousand distributed to 65.607 thousand securities exchanged through 62 transactions.

Additionally, Al-Moasher for Programming and Information Dissemination (AMPI)’s stock inched up by 1.82% to close at EGP 1.12.

Port Saied for Agricultural Development and Construction (PSAD)’s stock rose by 0.74% to conclude at EGP 4.06.

Meanwhile, the stocks which remained with no change were Utopia Real Estate Investment and Tourism (UTOP) at EGP 7.25, Univert for Food Industries (UNFO) at EGP 0.78 and AMICO Medical Industries (AMECO) at EGP 12.06.