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Source: المصدر
2 Daysالمصدر
Source: المصدر
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Trading in Banque du Caire shares began on the Egyptian Exchange on Monday. The stock rose more than 7% in the first few minutes before its gains narrowed to 4%. The public offering tranche was about 27 times oversubscribed, and the final share price was set at EGP 5.30. The bank increased the targeted offering from 30% to 45% of its capital. Central Bank Governor Hassan Abdalla said the successful offering followed sustained efforts, hinting that new shares could be offered on the market in the coming period.
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