Arab Development and Real Estate Investment Experiences Significant Stock Price Decline
Arab Development and Real Estate Investment, a prominent entity in Egypt's real estate sector, has witnessed a substantial decline in its year-to-date stock price. As of June 30, 2025, the company's stock has dropped by 25.86% on the Egyptian Exchange (EGX). This significant move has been consistent throughout the year, impacting investor sentiment and market performance. Despite the challenges faced by the real estate sector in the current economic climate, the company's classification in the SMEs Market reflects its scale and involvement in the sector.
Key Takeaways:
- The stock price of Arab Development and Real Estate Investment has declined by 25.86% as of June 30, 2025.
- The company's stock commenced trading on the EGX on September 10, 2014, with a par value of 0.50 EGP per share.
- The company has issued 70.27 million shares, translating to a paid capital of 35.13 million EGP.
- The market capitalization stands at 69.29 million EGP.
- The highest recorded price for the stock in 2025 was 1.59 EGP on January 20, while the lowest was 0.82 EGP on June 22.
- The stock closed at 0.986 EGP by the end of June, reflecting the significant decline in its price.
- The company's trading activity has been consistent, with an average daily trading value of 2.09 million EGP, an average daily volume of 1.74 million shares, and around 183 trades per day.
- The total number of trading days up to June 30, 2025, was 115.
- The company's last annual profit was 290,820 EGP, as of December 31, 2024.
Statistics:
- Stock price decline: 25.86%
- Number of shares issued: 70.27 million
- Paid capital: 35.13 million EGP
- Market capitalization: 69.29 million EGP
- Opening stock price in 2025: 1.33 EGP
- Highest recorded price in 2025: 1.59 EGP
- Lowest recorded price in 2025: 0.82 EGP
- Closing stock price in June 2025: 0.986 EGP
- Average daily trading value: 2.09 million EGP
- Average daily volume: 1.74 million shares
- Number of trading days up to June 30, 2025: 115
Sources:
- Egyptian Exchange (EGX)
- Arab Development and Real Estate Investment's financial reports (as of December 31, 2024)