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CIB’s stock jumps 1.8% at Thursday's open on positive results

CIB’s stock jumps 1.8% at Thursday's open on positive results
CIB’s stock gained 1.84% to EGP 82.05
CIB
COMI
-4.30% 74.20 -3.33

By: Heba El Kordy

Cairo – Mubasher: Commercial International Bank – Egypt's (CIB) stock rose early Thursday on Egyptian Exchange (EGX) after the bank posted positive results for the first nine months of 2018.

By 10:45 am Cairo time, CIB’s stock gained 1.84% to EGP 82.05.

Turnover amounted to EGP 2 million after 24,900 shares were traded.

CIB registered profits of EGP 7.01 billion during the nine-month period ended 30 September, rising from EGP 5.67 billion in the same period of the previous year.