As per the Egyptian Financial Supervisory Authority's regulations and as part of our commitment to providing higher levels of security, Pharos now offers clients security tokens for a specific fee and cost.
The EGX30 Index continued to rise for the third consecutive month and closed at its highest level in five months at 32,026 points.
Worth noting that we have previously referred that the recent pullback was a normal correction and a good buying opportunity.
Currently, the Index is approaching the key resistance level at 32,185 points. hence, a successful breach above this level would pave the way for further advances towards 32,500, followed by 32,900 points.
In this regard, short term investors are advised hold as long as the Index keeps trading above the last week’s low at 31,560 points.