CAIRO: Egypt’s benchmark index, EGX30, snapped a four-day losing streak and closed 5.3 percent higher on Sunday, the third day of trade since political turmoil closed the bourse for more than seven weeks.
The main index posted its biggest single day gain since Dec. 13, 2009 and its first gain since mass protests demanding president Hosni Mubarak be ousted erupted on Jan. 25.
The broad index, EGX100, also rose 7.2 percent.
Major stocks, including index heavyweights Orascom Telecom, Orascom Construction and Commercial International Bank jumped 10 percent by the close of trade.
