October 10, 2018 / 12:51 PM / a month ago

Sarwa Capital IPO on Egyptian stock exchange covered 30 times - traders

CAIRO, Oct 10 (Reuters) - Egypt’s Sarwa Capital’s initial public share offering on the Egyptian stock exchange was covered 30.1 times, traders said on Wednesday.

The sale of around 295 million shares was made in both public and private offerings.

Reporting by Ehab Farouk; Writing by Nadine Awadalla; Editing by Louise Heavens

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