EGX witnessed today a deal of Block Trading. The deal is worth LE 1.28 billion on 876 Million shares of Amer Group. Shares were priced at 1.47 EGP per share.
The deal is as per Chairman of EGX's decision to organize the mechanism for large volume transactions, known as "Block Trading", to protect the market and its participants from the influence of the change in prices as a result of the huge trades that is traded in different prices from that of the market.
