Latest news with #SamadMisr
Egypt Today
12-06-2025
- Business
- Egypt Today
Stock market lands in the red on Thursday, Market cap. slips to LE 2.296Trn
Cairo – June 12, 2025: The Egyptian Exchange (EGX) broke its post-Eid vacation green streak as indices plunged before the weekend. EGX 30 fell by 1.29 percent to hit 32,511.68 points during Thursday's session. The Shariah index (EGX 33) dropped by 1.86 percent to end the session with 3,370.16 points. EGX 70 plummeted by 2.63 percent to 9,605.19 points, followed by EGX 100 slipping by 2.31 percent to close the session with 13,070.09 points. Thursday's session reported 1.89 billion shares exchanged with a turnover of LE 5.70 billion. Market capitalization was recorded at LE 2.296,2 trillion. Trading on securities saw Egyptian investors as net sellers with LE 63.1 million. Foreign and Arab traders were net buyers with LE 32.7 million and LE 30.4 million, respectively. Individual traders controlled the majority of trades with 72.46 percent of overall activity. The top gains of the session were by Samad Misr -EGYFERT which climbed by 10.57 percent, Misr Beni Suef Cement by 3.69 percent, and Gulf Canadian Real Estate Investment Co. by 2.76 percent.
Zawya
12-06-2025
- Business
- Zawya
UAE-based Nas hikes stake in Egyfert for nearly $3.77mln
Cairo – UAE-based Nas Investment Holding raised its equity ownership in Samad Misr (Egyfert) to 51.47% from 32.39%, according to a bourse filing. Nas purchased 1.83 million shares in the EGX-listed firm at a total value of EGP 186.77 million, with an average price of EGP 102 apiece. Al Ahly Pharos brokered the transaction, which was executed on 3 June 2025. All Rights Reserved - Mubasher Info © 2005 - 2022 Provided by SyndiGate Media Inc. (
Zawya
28-05-2025
- Business
- Zawya
Egypt: EGX announces extension of tender offer period for EGYFERT
Arab Finance: The Egyptian Exchange (EGX) has announced amendments to the mandatory tender offer submitted by the UAE-based Nas Investment Holding to acquire shares in Samad Misr (EGYFERT), as per a disclosure. The offer, under which the Emirati company seeks to purchase up to 5.520 million shares, representing 57.50% of the issued shares and completing 90% of the total issued shares, was originally priced at EGP 95 per share. Following approval from the Financial Regulatory Authority (FRA), the tender offer price has been revised to EGP 102 per share. Additionally, the offer period, previously extended to May 29th, 2025, has been further extended by one business day, with the final deadline now set for the end of the trading session on Sunday, June 1st, 2025. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
