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Major events to affect EGX on Tuesday

Major events to affect EGX on Tuesday
Unirab
APSW
4.90% 5.57 0.26
El Shams Pyramids
SPHT
0.00% 2.55 0.00
Egyptians for Housing
EHDR
1.48% 0.48 0.01

Atlas
AIFI
0.93% 0.44 0.00
Oriental Weavers
ORWE
-1.65% 19.03 -0.32
Odin Investments
ODIN
-2.00% 2.44 -0.05

Mohandes Insurance
MOIN
-12.12% 19.97 -2.42


Cairo- Mubasher: Traders and investors are anticipating a number of events related to their listed companies on Tuesday.


Today is the deadline for the rights issue launched by Atlas Land Reclamation & Agricultural Processing (ATLAS) to increase issued and paid-in capital from EGP 20 million to EGP 60 million through the issuance of 4 million shares worth EGP 40 million at EGP 10 par value each. 


The shares of El Shams Pyramids for Hotels and Touristic Projects will be listed in the Egyptian Stock Exchange on Tuesday after the Company increased its paid capital from EGP 26 million to EGP 47 million.


Moreover, the Court will also look into the two appeals filed against Arab Polvara Spinning and Weaving.


Oriental Weavers will start trading its shares after it has reduced its par value from EGP 5 to EGP 1.


The Boards of Egyptians Abroad for Investment and Development, Egyptians for Housing and Development, Mohandes Insurance and Osool ESB Securities Brokerage are scheduled to hold a meeting today to discuss a number of issues.
 


Photo Credit: Arabianeye-Reuters