Cairo – Mubasher: Elsewedy Electric Company said Monday that its Chairman, Sadiq Al Sewedy, raised his stake in the company from 23.94% to 24.10% through purchasing 359,500 shares.
According to a bourse filing, the average price reached EGP 45 per share, totalling EGP 16.18 million.
The stock rose today by 0.11% to EGP 45.05.