Cairo – Mubasher: Banque Misr raised its stake in CI Capital Holding For Financial Investments to 15.12% from 13.72%.

The bank bought 14 million shares for EGP 58.1 million at an average price of EGP 4.14 per share, according to a statement to the Egyptian Exchange (EGX) on Wednesday.

During the first quarter of 2020, CI Capital Holding reported net profits of EGP 101.85 million, down from EGP 122.95 million in the year-ago period.