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Mohandes Insurance sees EGP 26.4m block-trading deal

Mohandes Insurance sees EGP 26.4m block-trading deal
The deal involved the trading of 1.5 million shares
Mohandes Insurance
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Cairo – Mubasher: Mohandes Insurance witnessed a block-trading transaction worth EGP 26.4 million on the Egyptian Exchange (EGX).

The deal involved the trading of 1.5 million shares, the Egyptian bourse said in a statement on Wednesday.

It is worth mentioning that during the first nine months of fiscal year 2019/2020, the insurer achieved net profits of EGP 88.07 million, up from EGP 80.08 million in the year-ago period.