المؤشرات

Professor Ali Gamal Abdel gawad : The EGX30 index closed 1.10% higher at 52,621 points.

• بواسطة دكتور علي جمال عبد الجواد
• 2026 Jun 18
• 1873

Prepared by: Professor Ali Gamal Abdel Gawad – Lecturer of Finance and Investment.

The EGX30 index closed 1.10% higher at 52,621 points, indicating a continued positive sentiment in the market and a relative improvement in risk appetite. However, trading volumes remained below their historical averages, reflecting that the current upward trend is driven more by selective buying than a broad, collective buying wave.

This performance comes amid a noticeable improvement in the performance of leading stocks and increasing optimism related to anticipated earnings results, along with relative stability in macroeconomic forecasts. From a technical perspective, the index continues to move within a clear medium-term upward channel, supported by strong annual momentum, with prices approaching a sensitive resistance level near 54,977 points.

Technically, the main support lies at 52,000 points, followed by 51,000 points. Holding above the first level would be a positive signal, supporting the likelihood of continued upward movement and a retest of the historical high. In the near term, the most likely scenario remains sideways fluctuations with an upward bias, awaiting new catalysts from liquidity or economic news.

• الوسوم
• Professor
• Ali
• Gamal
• Abdel
• gawad
• :
• The
• EGX30
• index
• closed
• 1.10%
• higher
• at
• 52
• 621
• points.
• Professor Ali Gamal Abdel gawad : The EGX30 index closed 1.10% higher at 52
• 621 points.