Wednesday 1 June 2011

Egypt's Citadel Capital stock jumps 4.5 pct | Reuters

Shares of Egypt's Citadel Capital were trading 4.5 percent higher early in the session after the firm released its 2010 results.

The private equity firm said it made a consolidated net loss of $241.7 million. It did not give a comparative figure, but last year it reported net profit of $38.6 million.

Earlier in the session the shares rose as high as 7.7 percent.

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