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EGX cancels 6 transactions on ASCOM

EGX cancels 6 transactions on ASCOM
ASCOM
ASCM
-1.02% 39.61 -0.41
The Egyptian Exchange (EGX) decided to cancel six transactions executed today on ASEC Co. for Mining (ASCOM).
The bourse cited violations of the executive regulation of Law No. 95/1992, which prohibits placing orders with the aim of giving inaccurate trading data or manipulating the stock price.
The company had logged EGP 1.8 million net loss in H1-14, widening 6% y/y from EGP 17.8 million net loss.