Video summary

تحليل ما قبل جلسه 07 سبتمبر 2026

Main summary

Key takeaways

Finance

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

Original video