The Egyptian Exchange (EGX) gained 2.5 billion pounds at the end of Wednesday's trading on the back of purchase operations by local and Arab investors, particularly from Saudi Arabia, following King Salman bin Abdel Aziz's initiative to increase investments in Egypt to 30 billion riyals.

The EGX 30 benchmark index went up 1.05 percent to close at 6,488.51 points.

The broader EGX 70 index of the leading smaller and mid cap enterprises (SME) increased by 0.86 percent to reach 359.16 points.

The all-embracing EGX 100 index rose by 0.68 percent to hit 751.72 points.