Egyptian CDs’ Unstable Performance in LSE

By Yomna Yasser On Feb 28, 2012

The Egyptian Certificates of Deposit (CDs) listed in the EGX have given unsteady performance during Monday’s London Stock Exchange (LSE) trading. EFG-Hermes Holding (HRHO)’s CD has witnessed a rise of %77.29 to reach $64.5. Orascom Construction Industries (OCIC) has also recorded an increase of %99.1 to reach $86.43.

On the other hand, the Commercial International Bank- Egypt (COMI) has recorded a slide of %94.3 to reach $4.03. Orascom Telecom Holding (OTH) (ORTE)’s CD has also witnessed a dip of 2.1% to reach $25.3.

Amwal Al Ghad