Cairo – Mubasher: The Egyptian Exchange (EGX) is expected to continue the upward movement on Sunday to reach the mark of 13,191 points, an analyst told Mubasher.
Market analyst, Hisham Hassan, said that the resistance levels for the EGX30 index are still not clear as it remains below the level of 13,525 points, noting that the index is facing support levels at 12,500-12,200 points and have resistances at 13,125-13,450 points.
The EGX70 index faces a resistance level at 482 points and have a support level at 506 points, the analyst added.
The main gauge fell on Thursday by 0.86% or 113.5 points to the level of 13,114.86 points, while the EGX70 rose 0.10%.
