Cairo - Mubasher: The Egyptian Exchange (EGX) announced the execution of a block-trading deal on the shares of Pioneers Holding Company for Financial Investment.

The transaction involved the trading of 70.32 million shares for a total value of EGP 351.62 million, the EGX said in a statement on Sunday. 

During the first quarter (Q1) of 2021, Pioneers Holding Company recorded net profits of EGP 299.66 million, compared to EGP 271.27 million in Q1-20, including minority shareholders' rights.