Stock indices saw a positive trading session, supported by purchases of Arab and foreign investors against the backdrop of setting a date for the referendum on the constitution, and the Central Bank raising the maximum allowable hard currency transfers of individuals out of the country to US$200,000 as of January next year.
Also, accepting the appeal submitted by steel tycoon Ahmed Ezz on his 37-year prison sentence has reassured traders.
The main EGX30 index went up 1.13 percent to close at 6,678.96 points, the small and medium EGX70 index rose by 0.11 percent to hit 534.07 points, and the broader EGX100 index rose by 0.22 percent to 904.68 points.
Total trading hit LE452.2 million and the capital market earned LE2.4 billion to close the session at LE419.2 billion.
Traders expect the market to reach the level of 6,700 points in anticipation of political stability in Egypt.
Edited translation from Al-Masry Al-Youm
