Egypt’s benchmark index, EGX30, rose 1.4 percent, boosted by Ezz Steel after an unnamed investor bought 2.66 million shares of the country’s biggest steelmaker.
Volume was low, as Egyptian shares tracked gains in international markets.
"It is driven by the West," said Karim Hosny of Pharos Securities. "The market will be slow with the summer and with Ramadan coming up. Volume will be my main concern."
Ezz Steel jumped 2.9 percent after having fallen on Wednesday to its lowest point since Dec. 17. The exchange confirmed that a special share trade took place while declining to name the buyer.
Talaat Moustafa climbed 2.9 percent and Telecom Egypt 2.4 percent.
The EGX30 ended at 6,027 points.
