The following shares were active on the Egyptian Exchange. Stock symbols follow company names.
Amer Group Holding (AMER) plunged 7.7 percent, the most since November, to 72 piasters. The Cairo-based developer and operator of resorts and restaurants said 2011 profit declined 56 percent to 247.1 million Egyptian pounds ($41 million) from a year earlier.
Arab Cotton Ginning (ACGC) slumped 5.3 percent, the most in almost three months, to 2.88 pounds. The cotton producer reported a six-month loss for the period that ended Dec. 31 of 29.5 million pounds after a 47.4 million-pound profit a year earlier.
Orascom Telecom Holding SAE (ORTE) dropped 4.9 percent, the most in almost four months, to 4.07 pounds. North Africa’s biggest mobile phone company reported a fourth-quarter loss of $91 million.
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