EGX insider traders move towards buying

Cairo – Mubasher: The Egyptian Exchange (EGX) data for Wednesday, 4 February, showed that insider traders were mostly buyers, led by Marseilia Almasreia Alkhalegeya.

Insider traders bought 3.51 million shares during Wednesday’s session. Marseilia took the lead after major investor bought 3.4 million shares.

Egyptians for Housing’s related groups bought 100, 000 shares. Meanwhile, Industrial Engineering Company’s related group bought 9,300 shares.

Raya Holding related group also bought 4,000 shares.

Meanwhile, insider trading saw selling of 3.4 million shares led by transactions carried out by major investors in Marseilia Almasreia Alkhalegeya.

Mubasher Contribution Time: 04-Feb-2016 07:45 (GMT)