
Release from Upper Egypt Flour Mills (UEFM.CA) Regarding an Auction
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EGX 30 rises 0.40% after 2.63% drop, with IPO and fertilizer stocks in focus
The EGX 30 rose 0.3981% to 51,098.8 on October 19, after a 2.63% slide on October 18, according to market data and an analyst note. Banque du Caire moved forward with its planned IPO, with EFG Hermes and CI Capital set to lead the deal after an indicative price range was set, according to Arab Finance. Abu Qir Fertilizers gained 4.00% ahead of results, after 86% growth reported on October 14, according to ad-hoc-news.de. Elsewedy Electric stayed in focus with a $2.2 billion EPC contract through a joint venture for the Rabigh 2 expansion in Saudi Arabia, while the group is studying an electric and hybrid car factory in Algeria, according to IndexBox and waya.media.
Release from Bonyan for Development and Trade (BONY.CA) Regarding the Purchase of Treasury Stocks
El-Nile Co. For Pharmaceuticals And Chemical Industries (NIPH.CA) - Company's Reply on the Central Authority of Accountancy Report