Financial stocks help Egypt's benchmark index resume its rally on renewed investor optimism regarding the country's political stability, traders say.
The index rises 0.5 percent to 5,336 points with all but five stocks gaining on the 30-company index.
"The political front is looking somehow pretty stable. That's what's encouraging the retail investors," says Amr
Mostafa of Pharos Securities. "The main force driving the market is retail investors."
The main index paused on Wednesday after a four-day rally that pushed it to a 24-week high as investors took advantage of high prices to unload some of their shares.
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