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Fawry's stock rises 33% in first minutes of trading

Fawry's stock rises 33% in first minutes of trading
Fawry's stock increased to EGP 8.55
Fawry
FWRY
-8.39% 7.10 -0.65

By: Heba El-Kordy 

Cairo - Mubasher: The stock of Fawry for Banking Technology and Electronic Payments rose by 33% in its first day of trading on the Egyptian Exchange (EGX).

By 10:15 a.m. Cairo time, Fawry's stock increased to EGP 8.55, with a turnover of EGP 180 million generated from the exchange of 21.7 million shares.

Turnover of the EGX reached EGP 280 million after 58 million shares were traded.