ORTE leads GDR’s Rise by 4.48%

By Yomna Yasser On Mar 1, 2012

Egypt’s Global Depositary Receipts (GDRs) listed in the EGX have recorded massive increase except 2 GDRs their value remained flat during Wednesday’s London Stock Exchange (LSE) trading. Orascom Telecom Holding (OTH) (ORTE)’s CD has led the rise by recording 4.48% to close at $3.44 earning 15 cents. The Commercial International Bank- Egypt (COMI) has also witnessed a rise of %0.49 to reach $4.07 earning about 2 cents.

Moreover, Orascom Construction Industries (OCIC) has recorded an increase of %1.42 to close at $45.38 earning 64 cents.

On the other hand, Telecom Egypt (ETEL) has closed at $13.90 recording no change. In addition, EFG-Hermes Holding (HRHO)’s GDR has closed at $4.59 with no change either.