Fertiliser stocks rise on speculation of subsidy removal, investment law amendments
- Date: 04-Nov-2020
- Source: Daily News Egypt
- Sector:Financial Markets
- Country:Egypt
Fertiliser stocks rise on speculation of subsidy removal, investment law amendments
Fertiliser stocks, including those of Abu Qir Fertilizers (ABUK), rose significantly during Tuesday trading on the Egyptian Exchange (EGX), with renewed market rumours that the government is considering lifting subsidies on fertiliser prices.