Cairo - Mubasher: The Egyptian Exchange said on Sunday that an African mutual fund has old around 285,600 shares of its stake in Egyptian International Pharmaceutical Industries (EIPICO) for a total of EGP 19.99 million, at EGP 70 per share.
This transaction reduced the stake of Coronation Africa Frontiers Fund Universal in EIPICO from 5.252% to 4.89%, according to the statement.
EIPICO’s stock settled at EGP 70 at the end of Sunday’s trading session.
