The Egyptian Exchange (EGX) indices recorded collective on Wednesday, driven by strong purchases from local, and foreign institutions, as well as private investment funds in real estate, the housing, and banking sectors.
The rise in the bourse come after the Central Bank of Egypt (CBE) real estate financing initiative for low- and middle-income citizens.
Meantime, market cap increased by EGP 9.3 billion, recording EGP 678 billion.
The benchmark EGX 30 index rose 1.63%, recording 10,602.41 points.
The broader EGX 70 EWI Index of Leading Small and Medium Enterprises (SMEs) jumped 2.02% to 2,422.02 points, while all-embracing "EGX 100" index rose by 1.75% to 3,379.05 points.
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