Markets
Shares in CI Capital's Taaleem rise 6.8pc on first day of trading
- The company, owned by Egyptian investment bank CI Capital, was listed earlier in April, ending a 15 month-long hiatus in new initial public offerings on the Egyptian exchange.
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CAIRO: Shares in higher education management firm Taaleem Management Services rose around 6.8% to close at 6.1 Egyptian pounds ($0.3895) in their first day of trading on the Egyptian stock exchange, Refinitiv data showed.
The company, owned by Egyptian investment bank CI Capital, was listed earlier in April, ending a 15 month-long hiatus in new initial public offerings on the Egyptian exchange.
Taaleem's IPO was covered 29.38 times.