The Egyptian Exchange (EGX) indices closed collectively in green zone on Thursday ,as its market capitalization gained EGP5 billion.

Egyptian bourse rebound today coincide with the recovery of most Gulf markets after the slight rebound of oil prices.

Oil prices rose in volatile trade on Thursday after breaking a four-session losing streak when weekly U.S. crude inventories saw a bigger-than-expected drop.

Crude prices have fallen more than 50% since their peak last June as a global oversupply, fueled by the booming U.S. shale industry, met tepid demand for the commodity.

The benchmark index EGX30 rose 1.68% to reach all-time intraday high since the begining of 2015 to reach level of 8946.34 points and to cross level of 8900 points .

The small and mid-cap index EGX70 also gained 1.55% to 572.02 points and the broader index EGX100 advanced by 1.51% to 1111.65 points.

National and Arab traders were net buyers by EGP 24 million and EGP 15 million respectively, while local institutions were heavy net sellers by EGP 33.8 million.

Turnover amounted to around EGP 523 million, while traded volume reached 109.8 million shares.

The blue -chips stocks like "Commercial International bank" ," Global Telecom" EFG-Hermes " and "Telecom Egypt" have advanced collectively today.