October 17, 2016 / 8:16 AM / in a year

Egyptian bourse suspends Beltone shares pending regulator stmnt

CAIRO, Oct 17 (Reuters) - Egypt’s stock exchange said on Monday that shares of Beltone Financial would be suspended from trading pending a statement from the financial regulator over a regulatory dispute.

Beltone Financial filed in June a lawsuit against the heads of the Cairo stock exchange and Financial Supervisory Authority over the repeated cancellation of trades on its stock, according to two sources and a court document seen by Reuters. (Reporting by Ehab Farouk; Writing by Eric Knecht; Editing by Lin Noueihed)

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