Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Medinet Nasr Housing Drops as CI Capital Cuts Shares to ‘Hold’

Medinet Nasr Housing, an Egyptian real estate developer, headed for the biggest loss in almost a month as CI Capital cut the stock’s recommendation to “hold” from “buy.”

Shares of the Cairo-based company declined 2.8 percent to 12.62 Egyptian pounds at 10:36 a.m. in Cairo, poised for the biggest daily loss since Oct 4. The stock was suspended today by the Egyptian exchange pending a response to unspecified questions. The benchmark EGX 30 Index advanced 0.1 percent.

The company’s share price estimate was reduced to 15.3 pounds from 38.9 pounds, the Cairo-based brokerage said in a research note today.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.