Rana Mamdouh _ The main index of the Egyptian Exchange, EGX30, concluded Wednesday's trading session with an increase of 1.47%, closing at the level of 52,854 points.
The equal-weighted indices EGX70 and EGX100 declined by 0.96% and 0.55%, respectively.
Trading Volumes Record EGP 8.26 Billion
Trading on the Egyptian Exchange recorded EGP 8.262 billion across 221 companies, through 227,858 transactions.
Market prices of 148 companies' shares declined, compared to an increase in 56 companies, while the prices of 18 companies remained unchanged.
Arab and Foreign Investors' Transactions Tend Towards Buying, While Egyptians Lean Towards Selling
Selling sentiment dominated Egyptian investors' transactions, recording a net of EGP 117.290 million, pressured by retail investors who achieved a net sell of EGP 157.926 million, compared to a net buy of EGP 40.635 million by institutions.
Foreign investors' transactions tended towards buying, achieving a net of EGP 86.482 million, of which EGP 81.620 million was for institutions and EGP 4.862 million for retail investors.
Arab investors' transactions recorded a net buy of EGP 30.807 million, of which EGP 23.788 million was for institutions and EGP 7.019 million for retail investors.
Suez Canal Bank Shares Top the List of Gainers by 7.06%
Suez Canal Bank shares topped the list of top gainers by 7.06%, followed by Talaat Moustafa Group Holding shares by 6.03%, and then Pioneers Properties for Urban Development – PRE Group shares by 4.87%.
Qara Subscription Rights Share Tops the List of Decliners by 15.28%
At the level of top decliners, the subscription rights share of Qara Energy and Investment Projects topped the list by 15.28%, followed by Qara Energy Projects and Investment shares by 9.25%, and then Electro-Cable Egypt shares by 6.15%.
