البورصة المصرية - البورصة النهاردة يحلل الجلسة والسوق والمؤشرات وأهم الأسهم المرشحة للصعود :26-07-29

Market snapshot (EGX)

• Total traded value: EGP 11.93B
• EGX 30: -102.5 points (~-0.2%)
  • Open: 53,730
  • High: ~54,9xx (exact figure partly garbled; “54,69?” appears)
  • Low / Close: 53,627 (close text unclear, but indicates closing near the session low)
• EGX 70: +121 (closed near the highs for a 4th consecutive session)
  • Close: 1,830 (subtitle mentions an incorrect/garbled “~67%” figure; later discussion references ~18,000–19,000 zones)
  • High: 18,422
  • Low: 18,148

Investor flow / positioning

• Individuals: ~80% of activity
• Institutions: ~20%

Net flows (buyers/sellers):

• Egyptian individuals: net sell EGP 133M (plus a smaller figure shown as “0.7M”; garbled)
• Arab individuals: net buy ~EGP 36M
• Foreigners: net sell ~EGP 7M
• Egyptian institutions: net buy ~EGP 185M (plus “0.6M”; garbled)
• Arab institutions: net sell ~EGP 24M
• Foreign institutions: net sell ~EGP 56M

Key chart levels & index outlook (EGX 30)

Bullish / neutral framing (Ali El-Tahhan)

• EGX 30 trading range:
  • Resistance: 54,000
  • Support: 53,420
• 54,000 has been tested repeatedly (described as today being the 6th test).
• Thesis: Sellers at 54,000 appear exhausted; the trend remains strong.
• Upside target: ~54,700, provided price holds above support.
• Caution / trigger: if EGX 30 breaks below ~53,637, risk increases (described as a “won’t fall below” level).
• Interpretation: the current move is a sideways correction (preferred over a downward move).

Alternative cautious view (Mohamed Bakhit)

• Expects a normal correction next week to prepare for retesting highs.
• Commercial sector pressure: resistance around ~140 for several sessions.
• Supports to watch:
  • Commercial sector: test ~137
  • Talaat (Talaat Mostafa): support may test ~92
• Overall tone: remains a “support zone” context, not a bearish breakdown call.

Institutional / rotation theme (Ahmed Kamel)

• Institutions may appear to be selling one stock, but are actually rotating into others as holdings near fair value.
• First negative signal for EGX 30: break 53,400
  • If that breaks, downside could extend toward 52,800
• Upside thesis: healthy correction; potential retest of prior highs around:
  • ~54,900 to ~55,000
• Time-cycle comment:
  • Market may get difficult in the first week of the month
  • They claim they are entering the first week of the 8th month
  • Correction preparation could persist into late month, with timing discussed as approaching end of August

Stock picks / price levels (EGX 30 & thematic)

Talaat Moustafa (Talaat Mostafa)

• Ali: positive if above 97.20 EGP
  • Upside toward 99.70 EGP (resistance)
• Mohamed: may correct but remains supported; potential test of ~92
• Ahmed Kamel: mentions fair value context (e.g., Faisal fair value earlier at 125 EGP)
  • Emphasizes rotation/accumulation rather than chasing.

EGYPTIAN TELECOM (Etisalat / Telecom Egypt)

• Ali: positive if above 104 EGP, target 110 EGP
• Also included among “strength” names by others, with the idea it may correct then continue.

Commercial sector / “Commercial International / Alexandria” (subtitle unclear)

• Mohamed: resistance around ~140; inability to break could lead to correction
• Possible support: ~137

Additional EGX 30 / “top performers / index movers” (Ahmed Kamel)

• CIB
  • Firm around ~140 EGP
  • If it breaks, support referenced around ~137.25
  • Potential to reach “old high” zones later (old highs referenced near 145 and 150)
• Mustafa Masriya
• Fawry
• Al-Sharqir Tobacco (named as “five-paper Al Sharqir Tobacco” — likely “Eastern Tobacco”)
• Al-Alab Al-Qalaa (medium-long target around ~8 EGP)

EGX 70 index (Ali El-Tahhan): defensive stance & levels

Key EGX 70 level framework

• Index strength: closing near highs for 4 sessions
• Tested around ~18,2xx (subtitle says “1827”, likely 18,2xx)
• Main worry trigger: break 18,000
  • If 18,000 breaks, correction could deepen (not necessarily long-term bearish, but more than a simple adjustment)
• Upside references / targets: positive, with discussion of ~18,519 and ~18,970–19,000

EGX 70 stock picks (Ali / Mohamed discussion)

• Unipack
  • Resistance: 0.39 EGP
  • If breaks → target 0.43 EGP
• Tourist resorts
  • Resistance: ~18 EGP (subtitle mixes units such as “45 piastres”)
  • Break → continuation to ~19 EGP (subtitle mixes “80 piastres”)
• Atqa
  • Head & shoulders / neckline retest framework
  • Neckline around 11
  • If breaks 10 → retest neckline around 11, then target ~11.90 (high cited around 12.40)
  • Support waiting area: ~9.5 EGP
• Mansour Poultry
  • Accumulation / breakout attempt
  • Ceiling discussed near ~2 EGP
  • First target above: ~2.7 (subtitle shows “27”, likely 2.7 EGP)
  • Discussion suggests breakout may require “loosening” through trading near the level before extending.
• Suez Canal Bank
  • Support: ~3.72 EGP
  • If breaks above ~3.9 EGP → targets ~4.2 then ~4.4 (subtitle garbled as 42/44)
  • Mentions possible retest support near 3.7–3.72

Company events / deal information (risk + timeline)

Maridive acquisition offer (Ahmed Kamel)

• Buyer: Arab Petroleum Investments Corporation (described as Arab Energy Fund)
• Offer: buy 20% of Maridive capital
• Price range: $0.65–$0.72 per share
• Reference fair value cited earlier: $0.72
• Due diligence timeline:
  • Deal documents requested
  • Due diligence expected to continue for 60 days
  • If extension is needed: another 60 days (per law)

Performance/portfolio guidance & cautions (explicit)

• Repeated approach: buy on pullbacks if key support levels hold (sideways correction treated as opportunity).

Risk flags:

• EGX 30 bearish trigger: break 53,400; next downside mentioned toward 52,800
• EGX 70 caution: if 18,000 breaks, correction concern increases
• General caution: despite positive tone, an “indicator weak” comment suggests reducing exposure when sentiment is overly positive (position management rather than a hard sell).

Time-cycle framing:

• Correction may align with early-month seasonality
• They discuss entering the first week of the 8th month
• Market behavior expected to work through late August

Methodologies / frameworks mentioned

Technical level strategy (step-by-step structure)

• Define support/resistance bands
• Monitor multiple retests
  • Example: EGX 30 repeatedly testing 54,000
• Use breakdown triggers to downgrade the thesis
  • EGX 30 below 53,400 / 53,420
  • EGX 70 below 18,000

Rotation / institutional reallocation

• Institutions may reduce holdings when names approach fair value
• Reallocate into names still below fair value / with remaining upside

Chart pattern trading (head & shoulders / neckline retest)

• Example: Atqa
• If break 10 → retest neckline around 11 → targets around 11.90

Accumulation / “ceiling loosening”

• Example: Mansour Poultry
• Repeated ceiling touches may require “loosening” through trading near the ceiling before a breakout

Tickers / instruments explicitly mentioned

Indices

• EGX 30
• EGX 70

Stocks / companies

• Talaat Moustafa
• Telecom Egypt (Etisalat)
• CIB
• Mustafa Masriya
• Fawry
• Eastern Tobacco / Al Sharqir Tobacco (as “Al Sharqir Tobacco”)
• Beltone
• Orascom Construction
• Palm Hills
• Heliopolis
• Abu Dhabi Islamic Bank
• Rameda
• El Ezz / Al Ezz? (garbled; Al-Alab Al-Qalaa referenced)
• Unipack
• Atqa
• Mansour Poultry
• Suez Canal Bank
• Zahraa El Maadi
• EIPICO
• Nile Pharmaceuticals
• Sodic
• Maridive

Other references

• “Forex market” mentioned as a behavioral comparison; no specific FX tickers are stated.

Disclaimers

• No clear “not financial advice” disclaimer is present in the provided subtitles/text.

Presenters / sources mentioned

• Ali El-Tahhan
• Mohamed Bakhit
• Ahmed Kamel
• Khair Rab Karim (welcomed; not clearly speaking in subtitles)
• Saad (appears as “Mr. Saad” in stock discussion/segues)
• Faisal Company (fair value reference)