The Egyptian Exchange (EGX) indexes closed up Thursday backed by share purchases by Arab and foreign investment institutions and mutual funds, after two downward sessions.

The market capital achieved gains worth EGP 5.5 billion to reach EGP 407 billion after transactions hit EGP 1.22 billion. The market, however, recorded a week-loss of EGP 6.2 billion.

The EGX 30 benchmark index soared 1.41 percent to close at 7,547.49 points.

The broader EGX 70 index of the leading smaller and mid cap enterprises (SME) increased 0.6 percent to hit 368.01 points.

The all-embracing EGX 100 index also rose 1.35 percent to reach 777.85 points