Cairo – Mubasher: The Egyptian Exchange (EGX) is likely to target the mark of 8,200 points on Thursday, analysts told Mubasher.
The main index yesterday “finally broke above the resistance zone 7,993 - 8,030” to sharply close at 8,104 points, according a technical note by MubasherTrade Research.
Today, the main index is forecasted to target the resistance of 8,200 points, the note revealed.
Market analyst at EGS Brokers Hoda El Menshawy indicated the bourse may see further gains when the benchmark holds above 8,192 points. Any opposite trend will confirm EGX volatile performance between the marks of 7,836 and 8,453 points.