Cairo: Egyptian Bourse indices rose at the close of Wednesday's trading, the final session of the week, driven by buying from local and foreign institutions, investment funds, and Egyptian retail investors. Arab institutions and Arab and foreign individuals tended toward selling.

According to State Information Service Egypt, market capitalization gained EGP 50 billion to reach EGP 3.281 trillion, with total transactions of EGP 155.3 billion, including bond and ownership transfer deals. Equity market trading alone reached approximately EGP 5.5 billion.

The benchmark EGX 30 index rose 3.38% to 47,611.96 points. The EGX 70 index for small- and medium-cap stocks increased 0.94% to 12,629.26 points, while the broader EGX 100 index went up 1.02% to 17,666.51 points.

The Egyptian Exchange will be on holiday as of Thursday, March 19, until Monday, March 23, with trading due to resume on Tuesday, March 24.