The Egyptian Exchange (EGX) indices showed varying performance during early trading on Thursday.

The benchmark index EGX30 dipped 0.08% to reach 9855.79 points, while the small and mid-cap index EGX70 rose 0.18% to 576.35 points.

Mona Moustafa, technical analyst, African Economic Group, said the market will likely continue seeing profit taking, adding that EGX30 has resistance at 9900 then 9970 points and support at 9780 then 9715 points.

Tracking stock performance, Medical Packaging was the biggest loser (-3.7%), followed by Grand Investment (-3%) and Cairo Oils (-2.8%).

Meanwhile, Middle Egypt Flour Mills was the top gainer (+6.07%), followed by Rowad (+4.4%).

Photo Credit: Arabianeye-Reuters