Contact Financial Holding (CNFN) has officially communicated to the EGX that there are no significant undisclosed events that could potentially impact its share price. This disclosure follows a notable surge of +26.87% in CNFN shares over the past three sessions starting at the beginning of this week. The opening share price on Sunday, November 26, 2023, stood at EGP 3.46 per share, closing at EGP 4.39 per share on November 28, 2023.
Currently, CNFN shares are hovering near the 52-week high price of EGP 4.50 per share, a record set on July 31, 2023. As reported by Investing.com, the trading volumes are higher than the average observed over the past three months.
According to Orascom Financial Holding (OFH), their latest financial statement (Note Number 8.) for the first nine months of 2023 reveals a substantial ownership position, amounting to 29.54% of Contact Financial Holding (CNFN). Attached Financial Sheets
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