The rise in the main stock index was supported by the positive performance of the main stocks



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Cairo – By Mohamed Salah – Wednesday, November 7, 2018 – Mayada Amin, director of technical analysis at Primer Securities, said the power of purchasing has managed to raise the main stock index, thus breaking the highest level of resistance and the previous high of 13400 points, Monday's session was up 201 points to 13436 points, supported by the positive performance of major stocks, led by Global Telecom, EFG-Hermes and Sweden Electric, indicating the rise in 39; cash flow index, which positively impacted the collective movements of most sectors and their reaction to the highs Reflect the improvement in overall market performance.

In a statement to Gulf 365, Mayada Amin added that the technical indicators reflect the acceleration of the power of purchasing power, which supports the continuation of short-term attempts to target 13500 resistance levels, then 13800 points. Control the success of purchasing power to penetrate these levels, which constitutes a new test of the power of purchase before confirming the completion of the correction, but that is the success of the Index to cross the level of 13400 to open new centers in the short term.

Thank you for reading the news from the analyst: The rise in the main stock index has been boosted by the positive performance of the main shares of the Gulf 365 and informs you that the content of the topic was written on the seventh day and that it may have been fully transmitted or cited. You can read and follow the information from this source from the main source of the link on the seventh day We are not responsible for the content of this news and best wishes for Happy Day.

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