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MNT-Halan Closes 6.6% Higher on Trading Debut After Major IPO

Egyptian lending and payments company MNT-Halan closed its first trading session up about 6.6%, after the country’s biggest IPO in at least five years. Shares were offered at 24.50 Egyptian pounds and closed at about 26.12 pounds.

Egyptian lending and payments company MNT-Halan [HALN.CA] closed up about 6.6% on its first day of trading on Tuesday, after the country's biggest initial public offering in at least five years.The shares were offered at 24.50 Egyptian pounds each and closed their first session at about 26.12 pound…