Egypt Export Marketplace for products & services  •   Log in | Sign up  

Export Egypt Home
made in Egypt Egypt products
  Home  |  Products  |  Business Center  |  News   |  Events   |  My Account Follow us on Facebook
Products and vendors Services and providers Oil & Gas Software and publications

Egypt’s EGX Suspends Trades on 25 Companies Amid New Confirmed Coronavirus Cases
Source: www.export-egypt.com 3/8/2020

The Egyptian Stock Exchange (EGX) started the week with a significant drop witnessed in trading session.

The decline came on the back of the announcement of 33 new confirmed Coronavirus cases in Egypt, and the growth in cases in neighbouring countries.

At the beginning of Sunday's trading session, the EGX was forced to suspend trades on 25 companies that surpassed the downward trend limit of five percent.

The suspended companies included Ezz Steel, Heliopolis Company for Housing and Development, Alexandria Mineral Oils (AMOC), Orascom Investment Holding (OIH), and Orascom Developments.



Related Categories: Accounting, Statistics  Economics/Financial Analysis  General  Insurance 


Export Egypt - Subscription Packages - Benefits

Copyright © Universal Solutions S.A.E. All rights reserved. Privacy Policy. - Career Opportunities - Feedback - Contact Us