Egypt: Suez Cement ranked bottom

Egyptian company Suez Cement has ranked in the bottom quartile of the country’s performers for the year just passed. The company’s performance saw it ranked 144/144 in the BSS News Bites ranking for Egypt, a percentile ranking of zero.

Alongside this low ranking, Suez Cement’s shares also fell 66.8 per cent for the year ended 26 June 2016. Five years ago share price stood at EGP38.75 and fell over the next two years to EGP21.00. Two years ago the company saw its share price rise again to EGP37.01, but this has again fallen over the last two years. This last year share price reached a low of EGP12.22.