Arab Finance: The Egyptian Exchange (EGX) announced a block-trading deal worth EGP 312 million on the shares of Electro Cable Egypt, according to a bourse statement issued on February 26th.
The transaction was implemented on 100 million of the company’s shares.
Electro Cable Egypt, an electric components manufacturer, has a product portfolio that includes low-, medium-, and high-tension power cables, isolated cables, and telephone communication cables.