Egyptian Stocks: Maridive & Oil Services and Raya Holding

Egypt’s benchmark EGX30 Index climbed 2.7 percent to 4,709.21 at the 2:30 p.m. close in Cairo, the highest level in five months.

The following stocks were active on the Egyptian Exchange today. Symbols follow company names.

Maridive & Oil Services SAE (MOIL EY), a marine and oil- support services provider, increased 1.8 percent, the most this month, to $1.71. Crude for March delivery advanced as much as 1.3 percent to $99.65 a barrel on the New York Mercantile Exchange.

Raya Holding Co. (RAYA EY) rose 4 percent to 4.2 Egyptian pounds, the highest close this month. The Cairo-based information technology company secured sales contracts for products from its plastics-recycling plant.

To contact the reporter on this story: Ahmed A Namatalla in Cairo at anamatalla@bloomberg.net

To contact the editor responsible for this story: Claudia Maedler at cmaedler@bloomberg.net

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