Cairo – Mubasher: Stock market analysts expected the Egyptian Exchange to extend its sideways performance on Sunday as the benchmark EGX30 index targets the levels of 13,900 points and 14,000 points.

Market analyst at Mubasher International for Securities Shahd Raafat said that the market's main index managed to print a new high closing on Thursday at 13,822 and it is likely to continue towards 14,000.

Meanwhile, technical analyst Ayman Fouda expected the main gauge to have resistances at 13,864, 13,900, and 14,003 points, while the support levels are likely to be 13,629 and 13,525 points.

The small- and medium-sized enterprises index EGX70 is likely to face resistances at 692 and 700 points, and has supports at 680 and 673 points, Fouda added.

The main gauge rose on Thursday by 0.97% to the level of 13,822.59 points. The index’s highest level ever.