Cairo - Mubasher: The Egyptian Exchange (EGX) saw a positive performance in the week ended Thursday, which had only three trading sessions, due to Easter Holidays on Sunday and Monday.
In the second week of April, the benchmark index was able to reach the 18,000-point level.
EGX30 settled at 17,615 points, rising by 1.18%, or 205.10 points, with traded volumes reaching 975.5 million shares, and a total turnover of EGP 4.8 billion.
The market capital added EGP 4.5 billion, to reach a total EGP 977.6 billion.
Meanwhile, the small and medium enterprise index EGX70 marginally increased by 0.25% this week, as it closed at 867.68 points.
The broader index EGX100 increased by 1.1% to 2,262 points, and the equal-weighted EGX50 levelled up 0.6% to the level of 2,995 points.
Market analyst Sameh Gharib said that selling pressure led to the retreat of the main index from the level of 18,000 points, after penetrating the resistance level at 17,700.
Support for EGX30 remains at 17,400 points, the analyst noted.
