Trading freezes for 15 companies for 30 minutes

The administration of the Egyptian Stock Exchange froze trading on 15 companies for a half an hour Sunday afternoon after they fell more than 5%.

Trading has froze for:
• Public Company for Paper Industries (Rakta)
• Egyptian Company for Stach and Glucose Industries
• Orascom Development Holding
• Glasgow SmithKlein
• Delta Insurance
• Nasr Agricultural Crops Manufacturing
• Nile Drugs and Chemical Industries
• Paper Middle East Simo
• Developed Pharmaceutical Packing
• Ahly Societe General Bank
• Eastern Islamic Urban Development
• Union Bank Egypt
• Cairo Investment and Development
• Baraka Bank – Egypt