Cairo – Mubasher: Egypt Gas’ stock reached on Tuesday its highest level in nine years (3 July 2008).
By 12:26 pm Cairo time, the stock rose 10% to EGP 145.13, with a turnover of EGP 4.8 million.
Prime Research said on Monday that the company is one of the firms that most benefits from the Egyptian government's decision to expand the delivery of gas to homes.
The company had earlier posted a net profit of EGP 12.26 million for the first quarter of fiscal year 2017.
