All
 

 

Just in:  

You are here: Home»Markets»Equity»Middle East & Africa»Egypt's Ezz Steel falls 10pc after statement

 CAIRO: Ezz Steel, whose shares tumbled last week after a court jailed its former chairman and ordered two licences be withdrawn, fell 10 percent after the firm issued a statement about the ruling's impact on the Egyptian firm.

The shares were suspended after the fall of 10 percent, according to stock market rules.

In a statement made earlier on Sunday, Ezz Steel said it was considering legal options to confront any impact from the ruling. It also said it was reviewing future investments that had yet to be executed and which could be subject to a temporary freeze.

 

Copyright Reuters, 2011

 


 



 
Index Closing Chg%
Arrow DJIA 16,351.38 1.82
Arrow Nasdaq 4,749.98 2.46
Arrow S&P 1,948.86 1.83
Arrow FTSE 6,083.31 0.41
Arrow DAX 10,048.05 0.32
Arrow CAC-40 4,554.92 0.30
Arrow Nikkei 18,095.40 0.39
Arrow H.Seng 20,934.94 1.18
Arrow Sensex 25,453.56 0.95





New 2015 adidas and Nike Soccer Cleats at Kicks Corner uk



Banking Review 2014


Annual2013/14
Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyAugust 27, 2015
Reserves $18.509 bln