Utopia Jumps 4.94%, Marseille Tops Value Traded; NILEX

On Monday, the Egyptian Exchange of Small and Medium Enterprises (SMEs) – NILEX has witnessed unsteady performance amidst trading in 5 stocks. Three stocks advanced; while two others declined.

Utopia Real Estate Investment and Tourism (UTOP)’s stock jumped by 4.94% to close at EGP 15.94 recording traded value of EGP 209.957 thousand distributed to 13.173 thousand securities exchanged through 34 transactions.

Al-Moasher for Programming and Information Dissemination (AMPI)’s stock climbed by 4.79% to conclude at EGP 1.53 recording traded value of EGP 30.983 thousand distributed to 20.250 thousand securities exchanged through 3 transactions.

The Egyptian Financial Supervisory Authority (EFSA) sent a release to the Egyptian Exchange (EGX) stating that it has initially approved Al-Moasher for Programming and Information Dissemination (AMPI)’s request to call for i existing shareholders to subscribe in the company’s issued capital increase from EGP 7.073 million to EGP 21.219 million. The EGP 14.146 million increase is distributed to 14.146 million securities at EGP 1 par value a share.

Shareholders as of 04/11/2012  are entitled to subscribe to 2 stocks per each one owned share.

Additionally, Univert for Food Industries (UNFO) pushed up by 3.06% to end at EGP 1.01 recording traded value of EGP 78.687 thousand distributed to 77.690 thousand securities exchanged through 17 transactions.

On the other hand, BIG Trade and Investment (BIGP)’s stock dropped by 0.85% to end at EGP 2.33 having traded valued of EGP 31.864 thousand distributed to 13.699 thousand securities exchanged through 8 transactions.

Marseille Almasreia Alkhalegeya For Holding Investment (MAAL)’s stock dipped by 0.70% to finish at EGP 5.68 topping NILEX traded value of EGP 268.616 thousand distributed to 47.250 thousand securities exchanged through 44 transactions.

Leave a comment