Osool Holding cuts stake in Osool ESB

Updated 2/17/2021 11:35:00 AM

ArabFinance: Osool Holding for Financial Investments Company cut its stake Osool ESB Securities Brokerage (EBSC) via selling 21.43 million shares at EGP 26.79 million, according to the company’s statement to the Egyptian Exchange on February 17th.

Osool Holding’s stake declined to 81.06% from 86.42%.

Osool ESB reported a 144% Year on Year rise in its net profit for the first half of 2020, recording EGP 3.91 million.

Osool is an Egypt-based company engaged in the securities brokerage sector. The company offers a range of tools include snap tickets, trigger orders, saved orders, web market watch and customizable trading application, and online trading system training services.