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EGX halts trading on 5 stocks

EGX halts trading on 5 stocks
Glaxo SmithKline of the suspended stocks - Photo Credit: Mubasher
South Valley Cement
SVCE
11.62% 8.55 0.89
Nile City
NCIN
0.00% 344.28 0.00

Glaxo Smith Kline
BIOC
27.36% 59.96 12.88
National Drilling
NDRL
0.00% 4.69 0.00

Cairo – Mubasher: The Listing Committee of the Egyptian Exchange suspended trading on five stocks, according to a statement.

This decision is to remain effective until the companies submit the financial results for the first and second quarter of 2016 as well as the fiscal year 2015.

The 15-day suspension includes Glaxo SmithKline, El Nasr for Manufacturing Agricultural Crops, Nile City Investment, National Driling, and South Valley Cement.