Egypt bourse gains EGP 3.1bn

The Egyptian Exchange (EGX) indexes went up collectively at close of trading on Wednesday thanks to the massive rally in the telecommunication sector’s shares led by Telecom Egypt that signed a deal with the National Telecom Regulatory Authority on running the fourth-generation (4G) mobile licence for 15 days. 

The market capital gained about 3.1 billion pounds to end today's transactions at 413.1 billion pounds, after total transactions which reached 670 million pounds. 

The EGX 30 benchmark index went up by 0.96 percent to reach 8,158.05 points.

The broader EGX 70 index of the leading smaller and mid cap enterprises (SME) increased by 0.08 percent to reach 357.47 points.

The all-embracing EGX 100 index rose by 0.38 percent to reach 807.49 points