Cairo-Mubasher: The indexes of Egyptian Stock Exchange (EGX) saw a volatile performance this week.
The market capitalisation rose by EGP 2.3 billion to reach EGP 409.3 billion this week.
The benchmark EGX30 rose 1.82% or 138.42 points to reach 7,756.3 points this week, compared to 7,617.88 points last week.
The EGX30 managed to break above 7,700 points this week after closing at 7,756 points on Thursday, according to Sameh Gharib, head of technical research, Roots Stock Brokerage House.
Gharib added that the benchmark index managed to reach 7,815 points, yet a strong selling wave halted the index to maintain its rise.
The main index will continue its attempt to break 7,815 points and target 8,000 points at which the correction movement will end, the analyst noted.
The small- and medium-sized enterprises index EGX70 index declined 0.31% to 373.15 points this week, compared to 374.31 points last week.
The EGX70 remained unchanged this week as it stabilised at 373 points, Gharib said.
The broader index EGX100 reached 791.84 points this week, up 0.03% from 791.58 points last week.
The equal-weighted index EGX50 increased 0.59% to 1,411.93 points this week, compared to 1,403.68 points a week earlier.
