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Egypt’s GDRs rise on London bourse

Egypt’s GDRs rise on London bourse
Photo Credit: Arabianeye- Reuters

Cairo-Mubahser: The Global depository receipts owned by Egyptian companies advanced on Thursday on London Stock Exchange (LSE).

Commercial International Bank’s GDRs added 0.83% to $6.09.They recorded intraday high and low at $6.12 and $6.06 respectively.

The lender’s stock declined by 1.3% to EGP 54.1, with trading value of EGP 7.9 million on the Egyptian Exchange (EGX).

The GDRs of Global Telecom went down 1.33% to $1.12.They hit intraday high and low at $1.18 and $1.11 respectively.

The mobile operator's stock gained 1.06% to EGP 1.91 on EGX.

The rest of GDRs remained unchanged.