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Source: Egyptian Stock Market News
The company acquired 42.2% of the Nile Stock Exchange transactions with 68 million EGP last July, followed by Hermes Securities Brokerage with 15 million EGP and a market share of 9.4%.
Mubasher International is ranked third with 11 million EGP, accounting for 7.1% of transactions with SMEs, followed by Arabiya Online Company with 8 million LE and a 5.1% market share. Fifth place with 5.3 million pounds.
The Egyptian Stock Exchange seeks to develop the Nile Stock Exchange over the next period to encourage listing and offering operations and to facilitate the financing of SMEs through capital.
In a previous dialogue, Mohamed Farid, head of the stock market, revealed that the study, funded by the European Bank Reconstruction, would be completed in order to develop the Nile Stock Exchange at the beginning of the year. next year to determine the mechanisms and tools needed to activate the market and modify the registration rules if necessary.
The Nile Stock Exchange is linked to approximately 30 companies, of which only 19 were traded in July.
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