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EGX cancels transactions on National Maize Products

EGX cancels transactions on National Maize Products
The Egyptian Exchange (Photo credit: Mubasher)

Cairo – Mubasher: The Egyptian Exchange (EGX) said Thursday that it has cancelled all transactions on the National Company for Maize Products’ stock.

Trading on the stock resumed at 11:20am Cairo time with a reference price of EGP 12.21, according to a statement.

National Maize Products said Thursday that Misr Capital Investments has signed a memorandum of understanding (MoU) with Switzerland's ADM International to sell its 42.96% stake in the company.