Cairo – Mubasher: The Egyptian Exchange (EGX) announced the execution of a block-trading deal on the shares of Ezz Steel.

The transaction involved the trading of 181.51 million shares for a total value of EGP 1.68 billion, the EGX said in a statement on Monday.

During 2020, Ezz Steel incurred consolidated net losses of EGP 4.68 billion, down from EGP 8.11 billion in 2019, including minority shareholders’ rights.