Bonyan Development is trading at $4.00 (-3.15%) following a broad sell-off in the Egyptian market driven by institutional selling.
- The EGX30 index dropped 1.99% on October 18, with 189 stocks declining during the session.
- No company-specific catalyst was identified for the move; an ongoing share buyback program (October 7βNovember 5) remains active but was not linked to today's price action.