Egypt .. Al -Jawhara shares rise to the highest price in 16 months

The arrow of Al -Ezz for ceramics and porcelain – Al -Jawhara, which is listed and traded on the Egypt Stock Exchange, succeeded in achieving a historical level that has not been touched by 16 months (year, 4 months and 4 days), as the stock has not exceeded that price level since February 28 of last year 2024.

The company’s shares rose by 13.99% at the end of the session today, to close at 32.6 pounds per share, and a difference of 4 pounds per share.

The highest price for the share was at the end of today’s session at 33.7 pounds, while the lowest price for the share was at 29.05 pounds.

Trading on Al -Jawhara share came at the end of today’s session through 1.88 thousand trading operations, at 2.26 million shares with a value of trading 73.36 million pounds.

The arrow is witnessing an increase in conjunction with the company’s clarification about the internal restructuring of the Ezz Industrial Group’s investments, which are fully owned by the Egyptian businessman Ahmed Ezz, that the ownership of Al -Ezz shares of ceramics to the Al -Ezz Holding Group Company for Industry was transferred to the ownership of Ahmed Ezz’s direct ownership, and that he raised his share in the capital of Al -Jawhara from 0.008% to 63.89%.

Glory to ceramics and porcelain is one of the most prominent Egyptian companies specializing in the production and distribution of high -quality ceramic and porcelain tiles, founded in 1995, the “Al -Jawhara” brand is known for its various products that meet the needs of the local market and export markets, with a focus on modern design and technical quality.

The company’s shares were included in the Egypt Stock Exchange in 1998 and operated within the construction and periodic consumption supplies sector. Its headquarters is located in Giza Governorate, and the company targets multiple export markets that include Europe, Africa and Asia, with exports ranging from 20 to 50 million dollars annually