Misr Oils & Soap denies undisclosed material events

Cairo - Mubasher: Misr Oils and Soap said it does not have any undisclosed material events that may affect the company's stock performance.

The statement came in reaction to the bourse’s inquiry about an increase in the company’s share value during the limited period from 14 December to 22 December.

Moving on to the company’s performance on Tuesday, the company's shares went down by 9.3% to EGP 13.12.

Misr Oils saw a decline of 23.8% in net losses for the first four months of the fiscal year 2015/16. 

Mubasher Contribution Time: 24-Dec-2015 07:52 (GMT)