Today: Union Pharmacist to be traded

Updated 7/26/2017 8:46:36 AM

ArabFinance: EGX administration announced starting trading on Union Pharmacist Company for Medical Services and Investment's (UPMS) shares in Nilex on July 26, 2017. 

The company will be traded at the nominal value of LE1 per share. 

It is noteworthy, the price limits within the first trading day and till recording close price will be as the following:

- The availability of moving the stock price up to LE2.82 (fair value), in addition to 5% of the share price.

- The availability of moving the stock price down according to price limits in its listed market (5% from the open price).

EGX added the price limits will be complied with rules of its listed market starting the next trading session.