The National Bank of Kuwait (Egypt) is considering delisting from the EGX: The bank’s board of directors will meet on 10 August to discuss whether to call an extraordinary general assembly meeting to weigh in on the matter, according to an EGX statement (pdf). This is based on a request by shareholders owning more than 94% of the bank’s shares.

The EGX30 fell 0.5% at today’s close on turnover of EGP 1.73 bn (30.1% above the 90-day average). Regional investors were net buyers. The index is down 1.4% YTD.

In the green: GB Auto (+3.0%), Ezz Steel (+1.6%) and CI Capital (+1.6%).

In the red: Emaar Misr (-2.9%), Amoc (-2.2%) and Edita (-2.2%).

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