EGX of SMEs: Stocks Mostly Flat, IBC Dives 4.9%

Stocks traded on the Egyptian Exchange of the Small and Medium Enterprises (SMEs) – NILEX ended Tuesday mostly flat.

This was in the wake of trading in 5 stocks on Tuesday, 3 steadied; while 2 others dropped.

International Business Corporation For Trading and Agencies – IBC (IBCT)’s stock dived by 4.93% to close at EGP 6.17.

Al-Moasher for Programming and Information Dissemination (AMPI)’s stock also sank by 3.80% to conclude at EGP 0.76. Al-Moasher has topped the traded value as it reached EGP 114.840 thousand distributed to 151.105 thousand securities exchanged through 37 transactions.

Meanwhile, the stocks which remained with no change were Marseille Almasreia Alkhalegeya For Holding Investment (MAAL) at EGP 2.17, BIG Trade and Investment (BIGP) at EGP 1.08 and Utopia Real Estate Investment and Tourism (UTOP) at EGP 5.21.