{"id":652246,"date":"2017-01-04T04:06:39","date_gmt":"2017-01-04T04:06:39","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/04\/egx-suspends-qh-transactions-after-stock-price-climbs-28\/"},"modified":"2017-01-04T04:06:39","modified_gmt":"2017-01-04T04:06:39","slug":"egx-suspends-qh-transactions-after-stock-price-climbs-28","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/04\/egx-suspends-qh-transactions-after-stock-price-climbs-28\/","title":{"rendered":"EGX suspends QH transactions after stock price climbs 28%"},"content":{"rendered":"

The EGX cancelled all trades in Qalaa Holdings (QH) shares made yesterday<\/strong> prior to the company\u2019s shares being suspended pending its explanation of why it believed its share price has surged of late, Al Borsa<\/a> reports. Qalaa shares have been among the day\u2019s top gainers in recent trading sessions with exceptionally high volumes. In a disclosure<\/a> to the bourse, QH denied there being any news yet to be announced that could have contributed to the share price rally. \u201cThe company is committed to reporting any events that transpire and we are keen on maintaining our transparency with bourse administration,\u201d the letter read.<\/p>\n","protected":false},"excerpt":{"rendered":"

The EGX cancelled all trades in Qalaa Holdings (QH) shares made yesterday prior to the company\u2019s shares being suspended pending its explanation of why it believed its share price has surged of late, Al Borsa reports. Qalaa shares have been among the day\u2019s top gainers in recent trading sessions with exceptionally high volumes. In a […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-652246","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"25f43b10-ea13-409a-89fb-a6a46e38d4c6","order":"0","is_powered_by":true,"section_story_id":"16feff72-e0d3-462c-bf83-d365ecbb7974","story_type":"1","photo_url":"","photo_position":"above","related_issue":[652233],"teaser":"","voice_url":""},"yoast_head":"\nEGX suspends QH transactions after stock price climbs 28% - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/04\/egx-suspends-qh-transactions-after-stock-price-climbs-28\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EGX suspends QH transactions after stock price climbs 28%\" \/>\n<meta property=\"og:description\" content=\"The EGX cancelled all trades in Qalaa Holdings (QH) shares made yesterday prior to the company\u2019s shares being suspended pending its explanation of why it believed its share price has surged of late, Al Borsa reports. Qalaa shares have been among the day\u2019s top gainers in recent trading sessions with exceptionally high volumes. In a […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/04\/egx-suspends-qh-transactions-after-stock-price-climbs-28\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-01-04T04:06:39+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/04\/egx-suspends-qh-transactions-after-stock-price-climbs-28\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/04\/egx-suspends-qh-transactions-after-stock-price-climbs-28\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"EGX suspends QH transactions after stock price climbs 28%\",\"datePublished\":\"2017-01-04T04:06:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/04\/egx-suspends-qh-transactions-after-stock-price-climbs-28\/\"},\"wordCount\":112,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/04\/egx-suspends-qh-transactions-after-stock-price-climbs-28\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/04\/egx-suspends-qh-transactions-after-stock-price-climbs-28\/\",\"name\":\"EGX suspends QH transactions after stock price climbs 28% - 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Qalaa Holdings says RVR is already classified as a non-cur\u00adrent asset held for sale and\u2026","rel":"","context":"In "Other Business News of Note"","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":652293,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/05\/qh-to-sell-100-of-rvr-sources\/","url_meta":{"origin":652246,"position":1},"title":"QH to sell 100% of RVR -sources","author":"enterpriseam admin","date":"5 January 2017","format":false,"excerpt":"Qalaa selling its stake in RVR? Qalaa Holdings is reportedly looking to sell most or all of its stake in Ugandan-Kenyan venture Rift Valley Railways (RVR), Al Borsa says, citing unnamed officials. Rift Valley Railways has the exclusive right to run the Kenyan and Ugandan national railway for 25 years.\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":593327,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/25\/taqa-arabia-to-sell-30-stake-in-ipo-on-egypts-bourse-next-year\/","url_meta":{"origin":652246,"position":2},"title":"TAQA Arabia to sell 30% stake in IPO on Egypt\u2019s bourse next year","author":"enterpriseam admin","date":"25 November 2019","format":false,"excerpt":"IPO WATCH- TAQA Arabia to IPO 30% next year, exact timing to depend on market conditions: Qalaa Holdings is planning to sell 30% of subsidiary TAQA Arabia\u2019s shares in an IPO as early as next year,sources close to the transaction tell Al Mal. TAQA\u2019s EGX debut is currently slated for\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":573642,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/12\/americana-egypt-approves-delisting-shares-from-egx-ahead-of-adeptio-purchase\/","url_meta":{"origin":652246,"position":3},"title":"Americana Egypt approves delisting shares from EGX ahead of Adeptio purchase","author":"enterpriseam admin","date":"12 August 2020","format":false,"excerpt":"M&A WATCH- Americana Egypt approves delisting shares from EGX to fulfill Adeptio purchase: Americana Egypt\u2019s board of directors have approved delisting the company\u2019s shares from the bourse at EGP 6.32 per share after finalizing an agreement with Adeptio last week that will see it purchase a 9.6% stake in Americana\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":554436,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/07\/egx-temporarily-caps-daily-stock-price-movement-at-5-for-two-firms\/","url_meta":{"origin":652246,"position":4},"title":"EGX temporarily caps daily stock price movement at 5% for two firms","author":"enterpriseam admin","date":"7 December 2021","format":false,"excerpt":"MARKET NEWS- The EGX has capped daily stock price movement at 5% for Rowad Tourism and Zahraa Maadi Investment & Development for a month starting today, according to two separate but identical statements by the companies to the bourse. 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