Egypt bourse gains EGP 1.6bn

The Egyptian Exchange (EGX) indices recorded collective gains at the close of Wednesday's trading backed by purchases of institutions and foreign investment funds.

The market capital gained about 1.6 billion pounds to close at 405.1 billion pounds amid transactions which hit about 522.4 million pounds.

The main benchmark EGX 30 index increased by 0.61 percent to hit 7,543.43 points.

The broader EGX 70 index of the leading smaller and mid cap enterprises (SME) went up by 0.60 percent to 375.25 points.

The all-embracing EGX 100 index also rose by 0.63 percent to reach 787.22 points.