Thursday October 3 2013

News Source: Global Exchanges

Focus: Holidays and Opening Hours and suspensions

Type: General




The Egyptian Exchange (EGX) management has addressed listed companies in NILEX to update disclosures of their financial statuses before the beginning of the next week. This comes as a step to boost investor confidence in NILEX companies.

EGX will also publish detailed trading data to enable investors to take correct investment decisions in light of this data and information.

The EGX chairman has said that a decision has also been made to increase the number of NILEX trading hours. This decision aims to attract more investors along with having a little effect on NILEX companies’ economic value.

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