Rana Mamdouh _ Indices of the Egyptian Exchange (EGX) kicked off Tuesday's trading session with a collective rise, with the main index EGX30 advancing by 0.66% to trade at the level of 51,436 points.
The equal-weighted indices EGX70 and EGX100 also rose by 1.71% and 1.45%, respectively.
Trading Volumes Record EGP 1.18 Billion
Trading on the Egyptian Exchange (EGX) reached EGP 1.176 billion across 216 companies through 32,554 transactions.
The market prices of shares in 135 companies increased, while 15 companies declined, and the prices of 65 companies remained unchanged.
Egyptian and Arab Investors Trend Toward Buying, While Foreigners Lean Toward Selling
Egyptian investors' transactions leaned toward buying, recording a net value of EGP 13.789 million, supported by retail investors who recorded net purchases of EGP 58.094 million, against EGP 44.304 million in net sales by institutions.
Arab investors' transactions posted net purchases of EGP 7.993 million, driven by retail investors who achieved net purchases of EGP 16.725 million, compared to EGP 8.731 million in net sales by institutions.
A selling trend dominated foreign investors' transactions, recording a net value of EGP 21.783 million, including EGP 21.230 million by institutions and EGP 552.999 thousand by retail investors.
El Sewedy Electric / Egyptian Transport & Cables Shares Lead Top Gainers with 15.24%
Egyptian Electric Cables led the list of top gainers, surging by 15.24%, followed by MNT-Halan / MNT Tech Holding for Financial Investments by 12.65%, and Wadi Kom Ombo for Land Reclamation by 11.39%.
Qorra Company's Subscription Right Share Tops Top Losers, Down 7.04%
On the top losers side, the subscription right share of Qorra Energy & Investment Projects topped the list, declining by 7.04%, followed by Premium Healthcare Group by 3.49%, and GB Corporation by 2.04%.
