Cairo – Mubasher: The Egyptian Exchange (EGX) is expected to target the mark of 8,000 points on Thursday, said analysts.
The main index is expected to cross 8,000 points today, said head of technical analysis at Acumen for Securities, describing yesterday's rebound as "the comeback of big gains".
By holding above Thursday's targeted mark, the index is likely to adopt an upward trend on the short-to-mid-term run, targeting the marks of 8,300 points and then 8,600 points, Hassan added.
Yesterday, the benchmark index gained 4.97% or 374.75 points, while trading value exceeded EGP 1 billion supported by institutional buying.
