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Sunday, 17 November 2019

Egypt's bourse announces shorter trading hours during Ramadan

MENA , Monday 6 May 2019
Stock Exchange
File Photo: Egypt's Stock Exchange in Cairo (Photo: Reuters)
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Egypt's Exchange decided to shorten daily trading hours to three hours and a half during the holy fasting month of Ramadan, which started on Monday.

The bourse said trading session of listed securities (Main Market) and Small & Medium Enterprises Stock Exchange (NILEX) will start from 10:00 am to 1:30 pm, preceded by a discovery session that starts at 9:30 am.

The time to record orders in the deals market for transactions with large volume will run from 9:15 am to 9:30 am.

The trading session for non-listed securities (Orders Market, OTC) will take place on Mondays and Wednesdays from 11:30 am to 12:00 pm.

The trading session for non-listed securities (Deals Market, OTC) starts from 09:30 am to 1:30 pm.

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