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CI Capital Holding sees EGP 377m block trading deal

CI Capital Holding sees EGP 377m block trading deal
The deal involved the trading of 90 million shares
CI Capital Holding
CICH
-3.81% 4.80 -0.19

Cairo – Mubasher: The Egyptian Exchange (EGX) announced that a transaction was executed on the shares of CI Capital Holding For Financial Investments through block trading.

The deal involved the trading of 90 million shares at a total value of EGP 377.1 million or an average price of EGP 4.19 per share, according to a statement on Tuesday.

During the first half (H1) of 2020, CI Capital achieved net profits of EGP 205.38 million, down from EGP 235.24 million in the year-ago period, including minority shareholders’ rights.