Cairo – Mubasher: The stock of Obour Land for Food Industries surged 15% at the early traded of its first trading day at the Egyptian Exchnage.
The company’s stocks reached price level of EGP 9.8 with 5.5 million shares changed hands worth EGP 52.4 million.
Obour Land floated 40% stake that is equivalent to 80 million shares on Egypt’s bourse.
