INGOT Brokers AU | Egyptian stocks

Egyptian stocks

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:

Symbol Company Name
ELEC Electro Cable Egypt
PRCL Ceramic & Porcelain
ABRD Egyptians Abroad for Investment & Development
EIUD Egyptians For Investment & Urban Development
PRMH Prime Holding
JUFO Juhayna Food Industries
ELWA El Wadi Co. For Touristic Investment
SKPC Sidi Kerir Petrochemicals
ESRS Ezz Steel
SVCE South Valley Cement
ORWE Oriental Weavers
HELI Heliopolis Housing
MNHD Medinet Nasr Housing
EAST Eastern Tobacco
ARCC Arabian Cement Company
BTFH Belton Financial Holding
EHDR 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