Egyptian Exchange unveils timeline for registering buy, sell orders for United Bank shares
The Egyptian Exchange (EGX) has announced the dates for opening the Special Deals Market (OPR) to register buy and sell orders for The United Bank shares.
1M | 3M | YTD | 1Y | 2Y |
+3.59% | +2.25% | +22.87% | +23.54% | +144.24% |
Value Traded (Mln EGP) 2,877.67 |
Volume 1,260,463,449 |
Transactions 93,249 |
Market Cap. (Bln EGP) 2,330.73 |
The Egyptian Exchange (EGX) has announced the dates for opening the Special Deals Market (OPR) to register buy and sell orders for The United Bank shares.
Fitch Ratings has upgraded Commercial International Bank (Egypt) S.A.E. (CIB) 's Long-Term Issuer Default Rating (IDR) to 'B' from 'B-' and its Viability Rating (VR) to 'b' from 'b-'. The Outlook is Stable.
The United Bank has announced plans to offer 30% of its shares, approximately 330 million, in a secondary offering on the Egyptian Exchange (EGX), according to a press release.
The Egyptian Exchange (EGX) is considering launching a new index that merges sustainability and Islamic Sharia principles, along with efforts to raise capital of listed companies valued below EGP 100 million within a year, EGX Chairman Ahmed El-Sheikh told Asharq Business.