EGX rallies on Arab, foreign purchases, benchmark up 2.5%

CAIRO: The Egyptian Eaxchange (EGX) rallied on Wednesday, and equities gained around 7 billion egp, boosted by Arab and foreign purchases.

The benchmark index EGX30 jumped 2.55 percent to end Wednesday at 7,882 points.

Further, the small and mid-cap index EGX70 hiked 2 percent to end at 428 points. The broader index EGX100 also added 1.7 percent to close at 889.5 points.