Bloomberg Anywhere Login

Bloomberg

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.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Egyptian Stocks: Delta Sugar and Egyptian Resorts Were Active

Jan. 3 (Bloomberg) -- Egypt’s benchmark EGX 30 Index fell for the first time in three days, retreating 0.7 percent to 3,655.58 at the 2:30 p.m. close in Cairo.

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

Delta Sugar Co. (SUGR EY) advanced for the first time since Dec. 25, gaining 0.6 percent to 16.82 Egyptian pounds. Pharos Holdings raised its share-price estimate on the country’s biggest publicly traded sugar refiner to 18.3 pounds from 15.7 pounds. The stock recommendation was maintained at “hold.”

Egyptian Resorts Co. (EGTS EY) climbed 1.2 percent to 87 piasters, the highest level in two weeks. The Red Sea resorts developer plans to announce a new project in the first half and will start construction on its $210 million Sawari resort in the second half.

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

Please upgrade your Browser

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

Chrome, Firefox, Safari, Opera or Internet Explorer.