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International Agricultural’s stock sees EGP 64.5m deal Tuesday

International Agricultural’s stock sees EGP 64.5m deal Tuesday
The deal saw trading of 18.38 million shares

Cairo – Mubasher: The Egyptian Exchange announced that the International Agricultural Products’ (IAP) stock saw a deal worth EGP 64.52 million during Tuesday’s trading session.

The deal witnessed trading of 18.38 million shares at EGP 3.5 a share, the Egyptian bourse said in a statement.

Earlier in April, Pharos Securities announced that Midfert Egypt for Investment acquired a 1.98% stake in IAP.

For the full-year 2018, IAP’s revenues retreated to EGP 251.58 million from EGP 333.9 million in the previous year.