October 21, 2018 / 8:24 AM / a month ago

Egypt's EGX30 index down over 1 pct following government IPO delay

CAIRO, Oct 21 (Reuters) - Egypt’s blue-chip EGX30 index fell slightly over 1 pct on Sunday in the first 15 minutes of trading.

The government on Friday announced it would delay the planned float of shares in tobacco producer Eastern Company , the first of several IPOs expected before the year’s end. (Reporting by Ehab Farouk and Nadine Awadalla)

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