Cairo – Mubasher: The share price of Arabia Investments, Development and Financial Investment Holding Co. reached the level of EGP 1.02 in Monday’s midday trade to record its highest level since 8 November 2015.
The company’s stocks advanced after the news about the probability of splitting the company.
Earlier, the company said its board of directors has approved in principle the study presented by Beltone Financial for Securities Management in respect to splitting the company.
The company’s stocks witnessed trading nearly 20.5 million shares worth more than EGP 21.8 million after 798 transactions were carried out.
