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EGX suspends trading on Rakta Paper’s stock

EGX suspends trading on Rakta Paper’s stock
The decision becomes effective as of 18 April
Rakta
RAKT
-0.54% 20.22 -0.11

Cairo – Mubasher: The Egyptian Exchange (EGX) on Thursday has suspended trading on Rakta Paper Manufacturing’s stock until the firm publishes the decisions of its general assembly meeting held on 17 April. 

The suspension becomes effective as of Thursday, 18 April, according to the EGX’s statement.

The company incurred losses worth EGP 57.31 million during the period between July 2018 and January 2019.