EGX likely to finish sideways movement on short run - Analyst

Cairo – Mubasher: The Egyptian Exchange (EGX) is expected to end the sideways trend on the short – run amid the current positive sentiment, Said Hesham Hassan, technical analyst.

“The benchmark index EGX30 movement got influenced by the profit taking,” noted the analyst.

The benchmark targets to move within the range of 10,500 points and 11,100 points at its current sideways trend, added the analyst.

The Egyptian Exchange closed on positive note on Thursday amid buying activity by foreign investors.

MUBASHER Contribution Time: 18-Dec-2016 07:32 (GMT)
MUBASHER Last Update Time: 18-Dec-2016 07:32 (GMT)