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Egyptian Stocks: Arab Cotton Ginning and Eastern Co.

Oct. 30 (Bloomberg) -- Egypt’s benchmark EGX 30 Index advanced 2.6 percent, the most in more than two months, to 4,452.81 at the 2:30 p.m. close in Cairo.

The following shares rose or fell. Symbols are in parentheses.

Arab Cotton Ginning (ACGC EY) gained 1.3 percent to 3.16 Egyptian pounds, the highest level in more than a month. Today is the last day for shareholders to be eligible to receive the company’s 20-piaster dividend to be paid Nov. 2.

Eastern Co. (EAST EY) advanced 1 percent to 98 pounds, the highest level in more than six weeks. Egypt’s monopoly cigarette producer will pay shareholders as of today a 6-pound dividend on Nov. 2.

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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