Osool ESB shareholder raises stake to 5.1%

Updated 2/17/2021 4:22:00 PM

ArabFinance: Osool ESB Securities Brokerage (EBSC) announced that shareholder Mohamed Saleh increased his stake via purchasing 20.4 million shares valued at EGP 25 million, raising his stake to 5.1%, according to the company’s February 17th statement to the Egyptian Exchange.

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.