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Cairo Oils stock down to 1.5-yr low

Cairo Oils stock down to 1.5-yr low
The Egyptian Exchange (Photo credit: Mubasher)
Cairo Oils & Soap
COSG
4.47% 0.37 0.02

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.