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EGX executes EGP 726.5m ‘block-trading’ deal on Al Ezz Dekheila Steel

EGX executes EGP 726.5m ‘block-trading’ deal on Al Ezz Dekheila Steel
The deal saw the trading of 771,680 shares
Al Ezz Dekheila Steel
IRAX
0.00% 1,250.01 0.01

Cairo – Mubasher: Al Ezz Dekheila Steel – Alexandria said that a transaction worth EGP 726.521 million was executed on the company’s shares through block trading.

The deal saw the trading of 771,680 shares, the company said in a statement to the Egyptian Exchange (EGX) on Monday.

It is noteworthy that during the first nine months of 2019, Al Ezz Dekheila Steel – Alexandria suffered a net loss of EGP 462 million, versus net profits of EGP 2.27 billion in the year-ago period