Cairo – Mubasher: Global depository receipts owned by Egyptian companies advanced on Thursday on London Stock Exchange (LSE).

The GDRs of the Commercial International Bank (CIB) went up 1.93% to $3.96.The lender’s stocks also gained 5.9% on Egypt’s bourse.

Global Telecom’s GDRs surged 1.75% to $1.16. The company’s shares leapt 2.14% on Cairo bourse.

The remaining Egypt's GDRs remained unchanged on London bourse.