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Grand Investment Capital sees EGP 8m block-trading deal

Grand Investment Capital sees EGP 8m block-trading deal
The deal involved the trading of 1 million shares

Cairo – Mubasher: The Egyptian Exchange (EGX) announced a block-trading transaction worth EGP 8 million on the shares of Grand Investment Capital.

The deal involved the trading of 1 million shares, the EGX said in a statement on Thursday.

During the April-December period of 2020, the company suffered net losses of EGP 3.85 million, compared to EGP 3.67 million in the corresponding period a year earlier, including minority shareholders’ rights.

Revenues retreated to EGP 7.66 million in the nine-month period from EGP 10.2 million in the same period in 2019.