Cairo – Mubasher: The stock of Egypt’s leading vehicle assembler GB Auto plunged on Thursday to its lowest level in 81 months, amid heavy selling activity over the stock in line with the sharp decline of the Egyptian Exchange.

By 12:00pm Cairo time, the stock declined to EGP 2.3, its weakest price since 19 May, 2009.

Through Thursday’s session, the stock fell 8% with a trading value of EGP 7 million generated from exchanging 3 million shares.