Egypt's main index achieves its biggest gain since Feb. 29 after mass weekend protests ended peacefully and the military rulers took steps to try to get the writing of a new constitution back on track, traders say.
The EGX30 is up 2.3 percent at 4,815 points, with Egyptian investment bank Pioneers Holding up 8.5 percent, real estate firm Talaat Moustafa Group gaining 7.3 percent and its peer Palm Hills 6.7 percent.
"Today we are seeing some buying and no selling as foreign and Arab investors are optimistic about the current state of political stability and a lack of negative decisions or actions," says Ahmed Khalil, trader in Cairo Capital Securities.
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