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Thursday, 2 December 2021

EFG Hermes retains place at top of the EGX brokerage league in November

EFG Hermes topped the EGX’s brokerage league table in November, with a market share of 22.6%, according to figures from the EGX (pdf). Rounding out the top five were CI Capital (7.5%), Al Ahly Pharos (4.7% ), Mubasher (4.0%), and Beltone (3.8%).

IN OTHER EGX NEWS- The Financial Regulatory Authority canceled trades (pdf) in Egyptian Iron and Steel stock made yesterday after the company’s share price soared 111% in the past month. The state-owned company is currently being liquidated. Market abuse warning in the works? The statement adds that the FRA will study unspecified amendments to trading and delisting rules for liquidated companies.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

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