| The Egyptian Exchange (EGX) finished the monthly revision of the weighted turnover rate of free floated shares during the latest 3 months (from Dec 2013 till Feb 2014) to enable the listed companies to study the revision's results. EGX started to do this revision on a monthly basis since beginning of Feb 2014 to get the cycle of the listing procedures approved by the Egyptian Financial Supervisory Authority (EFSA) earlier. The latest revision's results indicated that the turnover rate reached 70% in the last three months. Closing price reached 7 pounds, which is less than 25% of the total shares listed in the previous month. |
