OTMT Tops EGX Volume of Trades In Week, Palm Hills Second

Amid last week trading, Orascom Telecom Media & Technology Holding (OTMT.CA) has maintained to become on the top ten active firms listed in the Egyptian Exchange (EGX).

OTMT’s volume of trades hit 526.7 million securities worth EGP 308 million.

OTMT announced on Monday that France Telecom (FT) will pay Egyptian partner the firm 110 million euros ($142.30 million) for taking over a management services contract for their mobile phone venture Mobinil (EMOB.CA).

Palm Hills Development (PHDC.CA)  has come second as its volume of trades amounted to 55.1 million securities worth EPG 144.7 million.

Orascom Telecom Holding (OTH) (ORTE.CA)has shown to be the third as its volume of trades hit 37.3 million securities worth EGP 136.6 million.

Fourthly, Upper Egypt General Contracting (UEGC.CA) has recorded volume of trades reached 28 million securities worth EGP 42.3 million.

Fifthly, Amer Group Holding (AMER.CA)has had volume of trades hit 25.6 million securities worth EGP 18.6 million.

Sixthly, Arab Investment and Development (formerly AIC Contracting) (AIND.CA) has had volume of trades reached 21.6 million securities worth EGP 11.4 million.

Citadel Capital (CCAP.CA) has come seventh having volume of trades reached 20.4 million securities worth EGP 85.1 million.

Talaat Moustafa Group –TMG (TMGH.CA) has ranked eighth as its volume of trades amounted to 15.8 million securities worth EGP 76.1 million.

Ninthly,EFG-Hermes Holding (HRHO.CA) has had volume of trades hit 15.8 million securities worth EGP 190.8 million.

At the bottom of the list, Arab Cotton Ginning (ACGC.CA) has come tenth recording a volume of trades reached 12.8 million securities worth EGP 53.3 million.