EGX announces new rules for temporary trading suspension limits

Cairo – Mubasher: The Egyptian Exchange (EGX) announced new rules under which trading will be temporarily halted when the EGX100 EWI moves up or down by 10% within the day’s trading session, compared to a previous limit of 5%. 

The trading will be suspended until the end of the trading session, if the index goes up or down by 20%, compared to a prior limit of 10%, the EGX said in a statement on Wednesday. 

These rules are amended in coordination with the Financial Regulatory Authority (FRA). 

Mubasher Contribution Time: 20-Oct-2021 14:19 (GMT)
Mubasher Last Update Time: 24-Oct-2021 09:02 (GMT)