Egypt's GDRs mixed on London bourse

Cairo – Mubasher: Global depository receipts owned by Egyptian companies showed varying performance on London Stock Exchange (LSE) on Tuesday.

At 12:35 Cairo time, the GDRs of Commercial International Bank (CIB) slipped 4% to $3.56 down from $3.72 in the previous session.

The stocks of CIB on Cairo bourse inched down 0.51% on Tuesday.

On other hand, Global Telecom’s GDRs advanced 7.7% to $1.185 from $1.1 in the earlier session. The company’s stocks also surged 7.69% in the Egyptian Exchange.

Meanwhile, the GDRs of Orascom Telecom Media went up 1.8% to $0.6 .The company’s shares price remained unchanged on Egypt’s bourse.

Mubasher Contribution Time: 26-Jan-2016 10:48 (GMT)