Cairo – Mubasher: Norges Bank, the central bank of Norway, has purchased 4.78 million shares in CI Capital Holding, the Commercial International Brokerage Company (CIBC) said in a recent disclosure to the Egyptian Exchange (EGX).
Norges Bank has raised its equity in CI Capital to become 5.20% from 4.32% at a total value of EGP 43.02 million or EGP 9 per share.
It is noteworthy that CI Capital achieved a net profit of EGP 130.27 million in the first three months of 2019, compared to EGP 92.18 million in the same quarter last year.
