The bourse will allow the EGX100 index to trade up or down 10% within the day’s trading session, rather than 5%, before triggering circuit breakers that temporarily halt trading across the index, according to a statement (pdf). Trading will be suspended until the closing bell if the index rises or falls 20% (up from the previous limit of 10%).

The EGX30 fell 0.56% at today’s close on turnover of EGP 4.78 bn (68.8% above the 90-day average). Local investors were net buyers. The index is up 2.64% YTD.

In the green: Misr Fertilizers Production Company (+5.8%), Speed Medical (+5.0%) and Ezz Steel (+3.2%).

In the red: Gadwa for Industrial Development (-5.0%), MM Group (-4.3%) and Rameda Pharma (-3.5%).

Tags: