The Egyptian Exchange (EGX) gained 4.7 billion pounds at the end of Wednesday's trading on the back of intensive purchases by Arab and foreign investors following a meeting Tuesday night between Prime Minister Ibrahim Mahlab and Investment Minister Ashraf Salman to discuss EGX problems.

The EGX 30 benchmark index leapfrogged by 1.9 percent to close at 8,488.49 points.

The broader EGX 70 index of the leading smaller and mid cap enterprises (SME) increased by 1.24 percent to close at 466.06 points.

The all-embracing EGX 100 index upped by 1.38 percent to reach 954.53 points.