Video summary
تحليل ما قبل جلسه 07 سبتمبر 2026
Main summary
Key takeaways
Finance-focused Summary (Pre-session report — Sep 7, 2026)
Presenter / Source
- Mustafa Rafat — Head of Technical Analysis, Astoool Securities Trading & Bond Brokerage Company
Market Backdrop (Egypt, EGX indices)
EGX 30 index
- Set a new record high at 56,788 (noted as yesterday’s low) and closed at 56,676.
- Message / technical read:
- Short-term trend turned upward (vs prior sideways range roughly 56,100–54,000)
- Targets:
- 57,000 (short-term)
- 57,500 (initial short-term target)
- Key levels / risk controls:
- Minor support (very short term): around 56,500 and 56,00 (subtitle formatting appears inconsistent; likely around 56,00/5,600)
- Crucial minor support/resistance just surpassed: around 56,100 and 56,0xx
- Recommendation framing:
- Stay positive only if support holds
- Expects further gains “God willing.”
EGX 7 index
- Closed at 21,618
- Could not break main resistance: 22,000
- Trend view:
- Sideways on the very short term
- Overall short-term upward trend remains intact if main support near 20,650 holds
Cent index (current-performance style)
- Closed at 28,213; highs around 28,267
- Main resistance zone: 28,200–28,500
- Bullish trigger:
- Break above 28,500 and 28,600 to signal renewed buying power and “end of the current corrective wave”
- Nearest minor support: about 27,634
- Profit protection / stop-loss levels (short term): around 26,850
Sector / Stock Callouts (tickers + technical frameworks)
Healthcare Sector (liquidity returning; higher-risk names emphasized)
Sabq Pharmaceuticals
- Closed at 6.30 EGP
- Trend shift: sideways → upward; described as setting a new low recently
- Targets:
- 6.90 EGP (initial short-term)
- Additional upside hinted for medium term
- Support to watch: 5.90 EGP (secondary/nearest support)
- Explicit caution: “Very high-risk stock” due to a sharp rise in the prior session
Medical Packaging
- Closed at 2.19 EGP
- Note: lagged earlier near 2.14 EGP resistance (Seven Pharmaceuticals mentioned as comparator)
- Bullish confirmation requirement (trigger):
- Additional confirmation today by breaking above 2.25 EGP and closing above it
- Targets (if confirmed):
- 2.45 EGP (first)
- 2.60 EGP (main) — short/possibly medium term
Real Estate / Asset Management & Development
Arab Company for Asset Management and Development
- Closed at 2.23 EGP
- Broke minor resistances 2.16 and 2.17
- Holding condition: stay above 2.16–2.17
- Targets:
- 2.40 (initial)
- 2.58–2.60 (main) — short/very short term
Zahraa El Maadi
- Closed at 9.80 EGP (reported low around 9.95 EGP—likely subtitle inconsistency)
- Supports to hold: 9.25 and 9.30 (minor support), plus mention of 9.39
- Targets: 10.30 then 10.50 (first and second in very short term)
- Emphasis: keep support around 9.30 EGP
Emaar Misr
- Reported a new historical record: closed 14.80 EGP (session high)
- Targets: 15.5 then 17.0 EGP (first/second in short term)
- Risk management: “Raise your profit protection levels” to nearest minor support (range around 14 EGP mentioned)
Financials (holding company name clarified)
OBI (formerly Rascom Financial Holding) / OBI Financial Holding
- Closed at 9 piaster
- Targets / resistance framing:
- Very short-term targets (“borrowers”): 14–15 EGP initially if it breaks those levels
- Higher round targets: 20 then 25 EGP
Textiles & Durable Goods
Arab Cotton Ginning Company
- Closed at 15.03 EGP
- Minor support: 14.27 EGP (unchanged)
- Main support (short & very short term): around 13.60 EGP
- Targets: 16 EGP (initial) then 17 EGP (main)
Oriental Weavers
- Closed around 29.30 EGP after a sharp rise
- Caution: not expected to sustain an upward trend long; quick corrective moves possible
- Stop-loss: 27 EGP
- Profit protection: 28.40 EGP (nearest minor support)
- Targets (if above levels hold):
- 30 EGP (initial short-term)
- 32 EGP (main)
Utilities / Industrials
Elsewedy Electric
- Closed at 36 EGP
- Mentioned breaking minor supports 133–134
- Traded up to ~139 but did not close near it
- Next move trigger: a close at 136.20 EGP enables further upside
- Targets: 144–145 EGP (initial very short-term)
- Nearest major supports to hold: 128–129
Orascom Construction
- Closed at 874.99
- Still within a general upward trend (short/very short/medium term)
- Support to maintain: 80.18 (subtitle likely missing decimal alignment; appears inconsistent but treated as the “80–18 level”)
- Targets: 950 then 1000
Housing / Development
Madinet Misr for Housing and Development
- Hit new records around 8.79 EGP; closing 8.70
- Support threshold: stay above 8.40 EGP
-
Targets: 9.50–10.0 EGP (initial short-term)
-
Listed as another key positive contributor alongside broader market trend
Methodology / Framework (technical levels & confirmation)
Index trend assessment
- Detect trend change (e.g., EGX30 short-term shift to upward)
- Use support/resistance zones (minor and main) to define bullish invalidation
Stock-specific rule set
- For some names: bullish bias remains only while key supports hold
- For others: require price confirmation (e.g., Medical Packaging needs a close above 2.25 EGP)
- Use explicit risk controls, including:
- Stop-loss (e.g., Oriental Weavers at 27 EGP)
- Profit protection / nearest minor support (e.g., Oriental Weavers 28.40 EGP; Elsewedy support 128–129; Sabq support 5.90 EGP)
Action stance
- Avoid “chasing stocks”
- Prefer buying on positive market movements in the mentioned setups for short/very short horizons
Key Recommendations & Cautions (explicit)
- Do not chase: “For now, we don’t want to chase after stocks; best to capitalize on positive market movements…”
- Risk emphasis:
- Sabq Pharmaceuticals: labeled very high-risk due to the sharp prior-session rise
- Oriental Weavers: caution that the upward move may not last; sharp corrections are possible
- Level-holding conditions are repeatedly stressed as prerequisites for continuation (indices and individual stocks)
Disclosures / Disclaimers
Important Disclaimer (meaning): The report is prepared using information believed accurate/reliable; Astoool and the author bear no legal responsibility for investment decisions made based on the report (buy/sell). (No explicit “not financial advice” wording, but the disclaimer serves a similar function.)
Presenters / Sources
- Mustafa Rafat, Head of Technical Analysis — Astoool Securities Trading & Bond Brokerage Company