Egypt .. United Housing has risen to the highest price in 3 and a half years

The United Shares for Housing and Development, which is raised and traded on the Egypt Stock Exchange, increased by 2.94% at the start of trading today, to circulate at 8.39 pounds per share.

The stock touched its highest price in 3 and a half years (3 years, 9 months and 18 days).

The highest price for the share at that time was at 8.53 pounds per share, while the lowest price per share was at 8.18 pounds per share.

The trading on the United Housing shares at that time through 466 trading operations, at 1.63 million shares with a trading value of 13.7 million pounds.

The United Housing and Development is an Egyptian company specialized in the field of real estate investments and urban development, and was established in 1907 and works to develop various real estate projects that include housing and urban assemblies.

The company aims to provide distinguished projects that meet the needs of the Egyptian market and contribute to the development of urban areas in a sustainable way, and depends on the use of the latest technologies and constructive materials to ensure high quality for its projects and meet the needs of customers in a distinct manner.

It is reported that the United Housing and Development achieved a growth in its net profits during the fiscal year 2024 by 17.32% to 130.27 million pounds, compared to net profits in the fiscal year 2023 amounting to 111.03 million pounds.