Cairo – Mubasher: The Egyptian Exchange’s (EGX) indices are expected to continue their sideways movement on Thursday, amid lower purchases before the Easter holiday on Sunday and Monday, an analyst told Mubasher.
Technical analyst Ayman Fouda said that the EGX30 index faces resistances at 13,090 and 13,200 points, and has support at 12,840 and 12,745 points.
The small- and medium-sized enterprises index EGX70 is likely to face resistances at 601 and 604 points, while its supports are 588 and 579 points, Fouda noted.
The benchmark EGX30 fell on Wednesday by 0.09% or 11.4 points to the level of 12,984.36 points.
