IPO of Fawry 30x oversubscribed in EGX
The offering included 36% stake, which represents 21% of its capital.
Fawry’s private placement, IPO oversubscribed for 16, 1.8 times, respectively
IPO to close tomorrow, trading begins on Thursday
Cautious optimism at EGX this week
Fawry’s IPO is likely to boost hopefulness in market, Eid holiday signals…
EFG Hermes accounts for 33.5% of EGX transactions in July
EFG Hermes conducted EGP 8.2bn of transactions thanks to institutions deals
Egyptian Exchange discusses securities industry development
Bidding unit was market demand to increase turnover of small securities, says…
EGX considers listing mutual fund investing in government debt instruments
The EGX welcomes all new financial products that can attract new segments…
EGX relies on Fawry IPO to recover, break out of sideways range
Most of this liquidity will come from Fawry IPO which is expected…
Trading of Fawry shares on EGX to start on 8 August at EGP 6.46
Company to implement insurance brokerage requests electronically in 4Q19, revenues expected to…
Fawry announces its intention to offer 36% stake owned by Netherland Holding BV on EGX
Furthermore, according to the statement, shares offered in connection with the institutional…
EGX awaits catalysts to break out of its sideways range, record 14,100 points
Current share prices offer ideal opportunity for long-term investor, says Naeem Brokerage