January 23, 2019 / 11:57 AM / 7 months ago

Egypt suspends trading in Global Telecom after shares rise 10 pct - bourse

CAIRO, Jan 23 (Reuters) - Egypt’s stock exchange said it had suspended trading in shares of Global Telecom Holding on Wednesday after they rose by 10 percent, pending a statement from the company.

Shares are automatically suspended if they rise or fall by 10 percent in a single day’s trading. (Reporting by Ehab Farouk Writing by Aidan Lewis)

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