FDIC Board Adopts Volcker Rule Ban On Banks’ Proprietary Trades
Egyptian Stocks: Juhayna Food Industries and Suez Cement
Egypt’s benchmark EGX30 Index (EGX30) retreated 0.2 percent to 4,827.02 at the 2:30 p.m. close in Cairo, the lowest level in almost two months. The gauge declined to 3.8 percent this week.
The following shares were active on the Egyptian Exchange. Stock symbols follow company names.
Juhayna Food Industries (JUFO) jumped 5.5 percent, the most in more than two months, to 4.45 Egyptian pounds. Egypt’s biggest producer of packaged milk will distribute a 15-piaster dividend on April 22 for shareholders as of April 17.
Suez Cement (SUCE) climbed 3.4 percent, the most in more than three months, to 22.57 pounds. Shareholders of Egypt’s biggest publicly traded cement producer approved a 65-piaster dividend payment.
To contact the reporter on this story: Ahmed A Namatalla in Cairo at firstname.lastname@example.org
To contact the editor responsible for this story: Claudia Maedler at email@example.com