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Arab Moltaqa denies material events impacting stock price

Arab Moltaqa denies material events impacting stock price
Arab Moltaqa Investments
AMIA
-0.91% 2.17 -0.02
Arab Moltaqa Investments has replied to the inquiries of the Egyptian bourse, denying any material events impacting stock price.
The company said the stock’s P/E ratio reached 21.163 x on December 8.
Arab Moltaqa posted a 5% profit decline for the first nine months compared with a year earlier.

Photo Credit: Arabianeye-Reuters