Ferchem Egypt Block Trade: 1.6 Million Shares Sold for EGP 97.9 Million
A block trade of 1.6 million Ferchem Egypt shares worth EGP 97.9 million was reported on the Egyptian Exchange, according to Reuters.
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what happened
Ferchem Egypt Fertilizers and Chemicals completed a block trade of 1.6 million of its shares for EGP 97.9 million. The Egyptian Exchange (EGX) reported the deal, and Reuters carried the information.
why it matters
Block trades of this size usually change hands outside the regular order book and show a sizable stake moving between investors. For the broader market the effect is limited, as it concerns a single stock.
tags
instruments
sources
- Ferchem Egypt Fertilizers And Chemicals' 1.6 Mln Shares Block Traded For EGP 97.9 Mln- EGX — Reuters, 28 October 2026 at 07:06 UTC
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