Egypt .. the share of engineering projects rises after lowering its share company

The share of the “Industrial and Engineering Projects” company known as “Engineering Enterprises”, which is listed and circulated on the Egypt Stock Exchange, increased after the “Mubasher Securities and Bond Trading Company” announced that the “Prime Smart Management and Development of Projects” was reduced in the “Industrial and Engineering Projects Company, At the beginning of Tuesday’s session transactions.

The stock rose by 1.28%, to trade at 0.32 pounds per share.

The “Mubasher Securities and Bond Trading Company” stated that the “Prime Smart and Development and Projects Company” reduced its percentage in the “Industrial and Engineering Projects” company from 6.18% to 5.56%.

She pointed out that the sale process took place at an average price of 0.33 pounds per share, with an amount of 3.08 million pounds, as the number of shares sold was about 9.1 million shares.

The trading on the share of “engineering projects” at that time came at 19.5 million shares, with a trading value approaching 6.1 million pounds.

The highest price for the share was at that time at 0.32 pounds, while the lowest price for the share was at 0.31 pounds.

The “Industrial and Engineering Projects” company recorded profits of 13.29 million pounds, during the first 9 -month period of last year 2024.

While the company recorded profits worth 1.21 million pounds, during the same period of the previous year 2023.