Jan. 23 (Bloomberg) -- Orascom Telecom Holding SAE’s global depository receipts, which represent five ordinary shares each, slumped 19 percent to $2.64 at 10:37 a.m. in London.
The company’s Cairo-listed shares traded at 2.88 Egyptian pounds, or the equivalent of 48 cents.
Cairo shares resumed trading yesterday for the first time in almost two months after the company split in two. The GDRs had gained 46 percent since the day before trading was halted in the Egyptian capital.
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