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Rameda sees EGP 144m block trading deal

Rameda sees EGP 144m block trading deal
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Rameda
RMDA
-6.33% 2.22 -0.15

Cairo – Mubasher: The Egyptian Exchange (EGX) announced a block trading deal worth EGP 144.41 million on the shares of the Tenth of Ramadan for Pharmaceutical Industries and Diagnostic Reagents (Rameda).

The transaction was executed on 48.13 million of the company's shares, according to a stock exchange statement on Wednesday.

It is worth noting that last year, the EGX-listed company logged EGP 180.08 million in earnings, compared to EGP 111.51 million in 2020, including minority shareholders’ rights.