The Egyptian stock indexes rose by the end of Sunday session amid great optimism among investors after the Central Bank cut interest rates on deposits and lending.
Market capital gained LE4.4 billion to reach LE412.5 billion through transactions of about LE432.4 million.
The main index of the Stock Exchange EGX30 rose by 2.39 percent to hit 6483.76 points, the small and medium shares EGX70 index rose by 0.79 percent to close at 529.53 points, and the broader EGX100 index rose by 0.79 percent to reach 890.17 points.
The registered shares of 110 companies rose, while the shares of 50 companies declined. Nineteen shares for companies remained stable.
Brokers at the stock exchange said that the purchases of Arab and foreign investors were focused on the Commercial International Bank, which caused the rise on the market.
Edited translation from Al-Masry Al-Youm
