Money and business

The Egyptian Poultry shares have risen to the highest price in 45 months

The Egyptian shares for poultry included and traded on the Egypt Stock Exchange achieved a historical level that has not been touched for 45 months (3 years, 9 months and 14 days), as the stock has not exceeded that price level since September 26 of 2021.

The highest price for the share during the session today, Thursday, was at 7.39 pounds, while the lowest price was at 6.9 pounds, and the stock rose by 0.14% at the end of the session today, to close at 6.95 pounds.

The trading on the Egyptian poultry arrow came at the end of the Thursday session, through 587 trading operations, on 2.49 million shares with a value of trading 17.68 million pounds.

And the Egyptian Poultry Company, also known as “Esbco”, was established in August of 1977 as an Egyptian joint stock company, and its activities began in the production of spawning eggs, chicks and Badari, along with table eggs and poultry feed, and later expanded to include additional activities such as the establishment of automatic massacres, factories to produce poultry medications, land reclamation, and distribute their products inside and outside Egypt.

The company’s shares were listed on the Egypt Stock Exchange in December 2001, and its headquarters is located in the Maadi area in the Egyptian capital, Cairo, and its source and paid capital is about 85.14 million pounds.

Egyptian poultry belongs to poultry companies such as Egyptian to fattening poultry and Ajibco for investment and real estate and agricultural development, and their ownership rate is more than 99%, which reflects its orientation towards agricultural and real estate diversification and investment.

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