NILE Shares Mostly Flat, Misr Kuwait 4.04% Down; Tuesday

On Tuesday, the Egyptian Exchange of Small and Medium Enterprises (SMEs) – NILEX has witnessed a weak performance amidst trading in 4  securities in which 3 shares kept its previous levels, while Misr Kuwait Investment & Trading Co. (MKIT) solely dived 4.04% to close at EGP 0.95.

Misr Kuwait Investment & Trading Co. – (MKIT) reported financial statements posting a net loss of EGP 420,177 thousand during the first half of 2012 which ended on 30/06/2012. Noting that, the company had posted net loss of EGP 76,196 thousand during the first half of 2011.

In the meanwhile, the shares which maintained previous levels were Marseille Almasreia Alkhalegeya For Holding Investment (MAAL) at EGP 6.45, Utopia Real Estate Investment and Tourism (UTOP) at EGP 7.97, Univert for Food Industries (UNFO) at EGP 1.10.