Emerald’s shares rise 3.46% on EGX debut day

IPO WATCH- Emerald’s shares rise on EGX debut day: Small cap real estate investment firm Emerald’s share price edged up by 3.46% on the first day of trading on the EGX under the ticker ُEMRI, according to Mubasher’s update by session closing. EGX boss Mohamed Farid, who earlier this week said at least three more private companies are expected to follow suit before the end of the year, called for more companies to list as the exchange grapples with low trading volume and a dearth of new offerings.