The Egyptian Exchange (EGX) indexes went up during the morning trading on Tuesday backed by share purchases by investors after the Central Bank reduced the value of the Egyptian pound against the US dollar by nearly 15% to hit EGP 8.85 per dollar.

The market capital achieved gains worth EGP 7.4 billion to reach EGP 435.4 billion.

The EGX 30 benchmark index soared 1.73 percent, recording 7,124.75 points.

The broader EGX 70 index of the leading smaller and mid cap enterprises (SME) increased 0.98 percent to hit 364.07 points.

The all-embracing EGX 100 index also rose 1.11 percent to reach 766.69 points.