Cairo – Mubasher: The benchmark EGX30 of the Egyptian Exchange (EGX) is expected to face resistances at 13,200 and 13,300 points, market analyst Shahd Raafat told Mubasher.

Technical analyst Ayman Fouda expected the sideways performance to continue on the stock market until positive news emerges to encourage investors to pump new liquidity on blue chips.

The main gauge is expected to face resistances at 13,130 and 13,200 points if it stands above the mark of 13,032 points, and has support levels at 12,980 and 12,848 points, Fouda said

The small- and medium-sized enterprises index EGX70 faces resistances at 565 and 570 points and has support at 555 and 532 points, he added.