The benchmark Hermes index was last quoted up 152.01 points, or 0.1 percent, at 15,871.15 points. The broader CIBC index rose 0.5 percent to 97.86 points.
"There is hope the new investment minister's recent comments mean privatisation will gather pace... They (cement firms) have been targeted by foreign firms before," said Dynamic Securities' Yasser Hassanein.
National Cement last traded up five percent at 11.85 Egyptian pounds ($1.91) as did Misr Cement Qena at 29.34 pounds. Tourah Portland Cement Company last traded up 4.2 percent at 56.50 pounds.
The traders also said Al Ezz Steel Rebars had risen on expectations strong international steel prices and increased exports would buttress the firm's financials.
"Investors feel there could be a turn around coming for Ezz Steel's figures," said Hassanein.
The traders said Al Ezz Steel Rebars has only made losses up to the present time.
One of the day's most active stocks, the firm last traded up five percent to reach its highest level since early 2000 at 9.92 pounds.