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CIB, Global Telecom’s GDRs rise on LSE, Edita slips

CIB, Global Telecom’s GDRs rise on LSE, Edita slips
Photo Credit: Arabianeye - Reuters
Global Telecom
GTHE
-2.17% 1.80 -0.04
CIB
COMI
0.29% 73.22 0.21
Edita
EFID
3.27% 28.45 0.90

Cairo – Mubasher: Global depository receipts owned by Egyptian companies and traded on London Stock Exchange (LSE) were mixed on Wednesday, as GDRs held by Commercial International Bank – Egypt rose 1.67% to $6.71 (EGP 52.38). They hit intraday high and low at $6.74 and $6.69 respectively.

GDRs owned by Global Telecom Holding (GTH) advanced by 1.56% to $1.62 (EGP 12.6). They peaked at $1.79 and bottomed out at $1.62.

Meanwhile, Edita’s GDRs drifted 0.76% lower to $19.65. They peaked to $19.65 and bottomed out at $19.12. The company’s stock shut at EGP 30.1 on Egypt’s bourse on Tuesday.