Cairo - Mubasher: The Egyptian Exchange (EGX) indices ended in green territory, on Thursday, as the benchmark index EGX30 added 2.42% or 155 points to close at 6,568.97 points, to hit its most high level in 11 weeks.
"The benchmark rebounded on the appearance of purchasing power", said Sameh Gharib, head of technical research, Roots Securities.
The benchmark confirmed its rebounding above the level of 6,300 points, where it will start upward correction movement, he added.
The main gauge is likely to continue positive performance on Sunday, stated Gharib noting that the index's first upcoming barrier will be at the level of 6,650 points.
The heavy weight Commercial International Bank - Egypt leaped 3.55% to EGP 43.7, with 3.2 million shares change hands worth EGP 141.2 million.
The market capitalisation gained EGP 4.8 billion ($609 million) to reach EGP 423.1 billion, up from EGP 418.3 billion in the previous session.
The small and mid-cap index EGX70 went up 2.02% to 356.22 points; while the broader index EGX100 surged 1.4% to 769.9 points.
The equal-weighted index EGX50 advanced 2.22% to 1,126.68 points.
The market total turnover recorded EGP 1.47 billion, on trading 272.6 million shares, through 18,600 transactions
Local and Arab investors came as net buyers with EGP 6.9 million and EGP 6.9 million respectively, while foreign investors came as net sellers with EGP 13.8 million.
Institutions came as net buyers, especially the local ones, while retail traders were net sellers.
