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EGX suspends trading on Rubex Plastics' stock

EGX suspends trading on Rubex Plastics' stock
Photo Credit: Arabianeye-Reuters
Rubex
RUBX
-0.59% 10.16 -0.06

Cairo-Mubasher: The Egyptian Exchange (EGX) decided to suspend trading on Rubex Plastics until the company respond to inquiries regarding news published about its capital increase.

Previously, new reports stated that the company will raise its capital from EGP 50 million to EGP 100 million.

EGX said it will suspend all the company's stock bid and ask orders registered before this announcement.