By Ahmed Allam
Cairo – Mubasher: Global depository receipts (GDRs) owned by Egyptian companies and listed on London Stock Exchange (LSE) ended last week’s trade on a mixed note.
Commercial International Bank’s (CIB) GDRs went up by 11.4% closing at $4.39 compared to $3.94 last week. CIB’s stock on the Egyptian Exchange (EGX) closed at EGP 51.93, adding 7.96%.
EFG-Hermes’ GDRs also increased by 11.7% closing at $2.1 up from $1.88 last week, while its stock on EGX rose 10.34% closing at EGP 13.76.
Similarly, Edita’s GDRs added 5% closing at $6, while its stock on EGX edged up 0.63% closing at EGP 9.63.
On the other hand, Global Telecom’s GDRs declined 1.5% and closed at $1.91 compared to $1.94 the week before, while Global Telecom’s stock on EGX surged 9.79% closing at EGP 4.6.
Arabian Food Industries Company’s (Domty) GDRs also dropped 13.9% closing at $2.05.
Domty’s stock on EGX declined 4.76 closing EGP 5.8, compared to EGP 6.09 in the week before.
As for Egypt Telecom’s GDRs, it remained unchanged, settling at $3.65, while the company’s stock on EGX gained 0.4% closing at EGP 8.94.
Orascom Telecom Media and Technology’s GDRs also settled this week closing at $0.398, the same level where it closed the week before.
However, OTMT’s stock on EGX added 3.7% closing at EGP 0.56.
Translated by: Moslem Ali
