The Egyptian Exchange (EGX) closed on Thursday up for the fourth running session backed by share purchases by local individuals and Arab investors.

The market capital achieved gains worth EGP 1.8 billion to reach EGP 391.3 billion, after transactions hit EGP 729.3 million.

The EGX 30 benchmark index soared 0.44 percent to close at 5,986.78 points.

The broader EGX 70 index of the leading smaller and mid cap enterprises (SME) remained stable at 355.87 points.

The all-embracing EGX 100 index also increased by 0.12 percent to close at 714.89 points.