Cairo - Mubasher: Global Holding Group has raised its stake in CI Capital Holding For Financial Investments from 9.975% to 10.05%, according to a disclosure by the Commercial International Brokerage company (CIBC) to the Egyptian Exchange (EGX) on Tuesday.
The group has purchased 650,000 shares at a total value of EGP 2.77 million, equivalent to EGP 4.26 per share.
In the first quarter (Q1) of 2020, CI Capital reported a decrease in net profits by 17% year-on-year (YoY) to EGP 101.85 million from EGP 122.95 million in the year-ago period.
