ADQ Holding Company carried out stake purchases in 5 companies listed on the Egyptian Stock Exchange, in deals totaling $1.82 billion.
The management of the Egyptian Stock Exchange said that deals were implemented through the mechanism of high-volume deals on the shares of a number of companies, with a total value of two billion dollars.
The deals included Abu Qir Fertilizers Company for 271,573,655 shares, with a paid amount of $391.9 million.
In a related context; The management of the stock exchange announced the execution of deals through the mechanism of large-volume deals on Commercial International Bank Shares For 340,096,135 shares with a paid up amount of $911.4 million.
The EGX administration also announced the implementation of deals through the mechanism of large-volume deals on 215,124,316 shares of Fawry Company, with a paid amount of $68.6 million.
The Fawry Company for Banking Technology and Electronic Payments announced a few days ago that the National Bank of Egypt has raised its share in the company’s capital to 12.54% instead of 6.54%.
In a statement to the stock exchange, the company stated that the National Bank of Egypt purchased 102.511 million Fawry shares for 1,050,740 billion pounds.
The EGX management announced the implementation of deals through the mechanism of large-scale deals on Egypt’s shares for the production of fertilizers for 45,823.446 shares, with a paid amount of $266.6 million.
Deals were executed through the high-volume deals mechanism on Alexandria Container Handling shares for 476,721,088 shares, with a paid amount of $186 million.
