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Dear Valued Client,
The Egyptian market has witnessed a lack of liquidity, caused by insufficient trading activity, due to the ongoing market & exchange rate volatility and the periodic rebalancing of the index.
In light of the above mentioned; we would like to inform you that INGOT Brokers will suspend trading on the following stocks, starting from 1st of August, 2016:
Electro Cable Egypt
Ceramic & Porcelain
Egyptians Abroad for Investment & Development
Egyptians For Investment & Urban Development
Juhayna Food Industries
El Wadi Co. For Touristic Investment
Sidi Kerir Petrochemicals
South Valley Cement
Medinet Nasr Housing
Arabian Cement Company
Belton Financial Holding
Egyptians Housing Development & Reconstruction
Kindly note that open positions on these shares will be closed automatically by the end of 31st August 2016, and you will not be able to open any new position on the shares that will be suspended by INGOT Brokers.
INGOT Brokers Team
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