Egyptian GDRs in London Tumbled Mostly on Monday

Big 5

Egyptian global depository receipts (GDRs) traded on the London Stock Exchange (LSE) mostly tumbled in values during Monday’s trading.

The GDRs of Orascom Telecom Media and Technology Holding S.A.E. (OTMT) dived by 5.02% to $0.83. The investment bank EFG Hermes Holding S.A.E. (EFGD)’s GDRs also plummeted by 4.67% to $4.50.

In addition, Commercial International Bank Egypt (CBKD)’s GDRs dropped by 0.30% to $5.89.

In the contrary, the GDRs of Damac Real Estate Development Limited (DMC) inched up by 1.53% to $17.

Furthermore, the GDRs of Lecico Egypt S.A.E. (LECI), Orascom Construction Industries (ORSD) closed with no change at their values of $3.50, and $40, respectively.

GDRs

Price

Change

Commercial International Bank Egypt

5.89

-0.30%

Orascom Telecom Media And Technology Holding S.A.E.

0.83

-5.02%

EFG Hermes Holding S.A.E.

4.50

-4.67%

Orascom Construction Industries

40

0%

Damac Real Estate Development Limited

17

+1.53%

Lecico Egypt S.A.E.

3.50

0%

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