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EGX 30 9,455.38 0.32%



EGX announces limits of Cmar's price move, trading halt

EGX announces limits of Cmar's price move, trading halt

ArabFinance: The Egyptian Stock Exchange (EGX) announced the downward limits of the price move and trading halt for Egyptian Arabian Securities Brokerage EAC’s (Cmar) (EASB) share at 27.225% and 23.182%, respectively, of the closing price of March-25th session.

The EGX's decision has come based on that the value of cash dividends is greater than the EGX's trading halts and less than its price moves limits.

It is worth mentioning that the limits of trading halt and price move upward will be unchanged.

Cmar decided to distribute cash dividends of EGP 0.08 per share payable on March 30th to shareholders recorded on March 25th. 

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