Cairo – Mubasher: The benchmark index of the Egyptian Exchange (EGX) levelled down 0.40% or 32.83 points to reach 7,881.11 points by the week ended 29 September.

EGX30 is still moving at 7,900 points which is the most important level in the current time, capital market analyst Sameh Gharib said, adding that a negative performance will appear once this point is broken to target 7,700 points.

As long as the benchmark index of EGX remains at 7,900 points, the resistance and support levels will be 8,300 and 7,900 points respectively, the analyst said.

EGX70 index gained 1.72% or 5.95 points to reach 351.62 points by the end of this week, while EGX100 was up 0.19% to reach 790.26 points.

The market cap shrank EGP 2.4 billion to reach EGP 404.8 billion as compared to EGP 407.2 billion a week ago.