Each of these stocks has attracted investors during the monitoring period due to fundamental events at the company level or the sector they belong to. Memphis Pharmaceuticals and Chemical Industries stocksMemphis Pharmaceuticals shares increased by 194.9% during the period from January to October 2023, rising to EGP 56.04 compared to EGP 19. Delta Sugar Company stocksDelta Sugar shares benefited from the global sugar crisis in 2023, as sugar prices rose by 60%. The stock price at the end of October reached EGP 64.18, compared to EGP 24.21 at the end of January. The company took advantage of the sugar crisis and the production pressures it faced in 2023 to increase its revenues through the price increase.


Source:   Daily News Egypt
November 06, 2023 13:07 UTC