ArabFinance: Electro Cable Egypt (ECE) (ELEC) has seen a block-trading transaction valued at EGP 122.55 million on the Egyptian Exchange (EGX).
The transaction was executed on 285 million shares of the company’s total shares.
Electro Cable is an Egypt-based public shareholding company that operates in the electric components manufacturing sector. The company manufactures and distributes power and telecommunication cables and wires in Egypt and abroad.
Its product portfolio includes low, medium and high-tension power cables, isolated cables, and telephone communication cables.