[SABRAWY]

Commercial International Bank posted its sharpest single-day gain in almost six months on Wednesday, lifting Egypt main index, as rumours circulated of a possible merger and investors deemed it cheap Shares of the bank, Egypt's largest by market value, surged 3.64 percent to 86.01 Egyptian pounds ($16.08), breaking a three-day losing streak.They helped lift Egypt's main CASE 30 index 1.92 percent to 11,071.93 points, its first gain in four sessions.

More...