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Odin Investments sees EGP 64m block-trading deal

Odin Investments sees EGP 64m block-trading deal
The transaction involved the trading of 14.14 million shares
Odin Investments
ODIN
-2.40% 2.44 -0.06

Cairo – Mubasher: The Egyptian Exchange (EGX) announced a block-trading deal worth EGP 63.65 million on the shares of Odin Investments.

The transaction involved the trading of 14.14 million shares at an average price of EGP 4.5 apiece, the Egyptian bourse said in a statement on Thursday.

It is worth mentioning that during the first three months of 2020, the company incurred net losses of about EGP 167,110, against net profits of around EGP 500,360 in the year-ago period, including minority shareholders’ rights.