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EGX executes ‘block trading’ deal on El Wadi Investment

EGX executes ‘block trading’ deal on El Wadi Investment
El Wadi-owned Hotel (Photo Credit: Company's Website)
El Wadi International
ELWA
-2.31% 1.27 -0.03

Cairo – Mubasher: El Wadi for Touristic Investment saw a trading-block transaction worth EGP2 million today, EGX said.

The transaction was carried out on 7.75 million shares, EGX added.

On 17 March 2016, El Wadi also saw a transaction worth EGP 7.75 million was carried out on its treasury stocks in the Egyptian Exchange, under the ‘block trading’ system.

At 12:15, the stock quote went up by 6% to EGP21.7 achieving a turnover of EGP4.49 million after 209.7 million shares were traded over 342 transactions.