ArabFinance: The Egyptian Exchange (EGX) has set the limit down of Canal Shipping Agencies at 18.404%, according to the EGXs January 24th filing.

The circuit breaker of the companys stock is also set at a limit down level of 13.871 %, the EGX disclosure added.

The stocks price movement limits will be effective as of the closing session of the ex-dividend date on January 24th.

The EGXs decision came after the companys announcement of distributing cash dividends of EGP 1.383 per share.

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