Cairo – Mubasher: The Egyptian Exchange (EGX) is forecasted to see swing trend on Tuesday, while the benchmark index EGX30 is expected to rebound if it break above the secondary barrier of 8,8080 points, said Mona Hassan, chief technical analyst at MubasherTrade.
EGX indices rebounded on Monday, as the benchmark index EGX30 gained 0.23% to 8,029.42 points, while the equal-weighted indexes EGX50 added 0.44% to 1,430.15 points.
The market capitalization gained EGP 700 million ($89.7 million) to reach EGP 490.2 billion, up from EGP 489.5 billion in the previous session.