Cairo Oils stock down to 1.5-yr low

Cairo – Mubasher: Cairo Oils and Soap’s stock declined on Wednesday to its lowest level since about 18 months (25 October 2015).

By 11:34 am Cairo time, the stock fell 18.93% to EGP 12.33, with a turnover of EGP 9.2 million.

Since the beginning of the year, the stock dropped 48.8%, according to statistics by the Egyptian Exchange (EGX).

The EGX resumed trading on the stock on Wednesday after suspending it on grounds of share manipulation.

Mubasher Contribution Time: 03-May-2017 10:36 (GMT)
Mubasher Last Update Time: 03-May-2017 11:54 (GMT)