EGX executes ‘block trading’ deal on Madinet Nasr Housing

Cairo – Mubasher: Madinet Nasr Housing and Development said a transaction worth EGP 74.52 million was carried out on its treasury stocks in the Egyptian Exchange, under the ‘block trading’ system.

The transaction was executed on 4 million treasury stocks, at offer price of EGP 18.63 per share.

Earlier, Egypt’s bourse said it would open the OPR market to register both the selling and buying orders in respect to Madinet Nasr Housing Co. stocks buyback program.

Mubasher Contribution Time: 14-Feb-2016 12:19 (GMT)