The Egyptian Stock Exchange (EGX) indices are likely to keep the mixed performance in Wednesday’s trading await for positive catalysts, market analysts and capital market experts told Mubasher.

These catalysts will support the benchmark to break through major resistance level of 9520 points and to confirm its further rally, added analysts

"The benchmark inched up in the previous session as it ended at 9475 points after it hit level of 9508 during the trades and it need to break through daily resistance level of 9520 points to confirm its upside trend, otherwise the benchmark will continue its correction movement towards the next support levels, “said Mona Hassan, chief technical analyst at MubasherTrade.

"The benchmark's first resistance zone is seen at level of 9580 followed by 9670 and 9750 points, while its support zones are set at levels of 9260, 9000 and 8800 points," added Hassan.

EGX closed on mixed performance on Tuesday, as the market capitalization added EGP174.5 million ($22.9 million) backed by the buying spree of Local institutions for second day in row.

The benchmark inched up by 0.20% or 19 points to end at 9475.27 points.