الاجتماع اليومى لشركه اسباير لتداول الاوراق الماليه والسندات جلسه يوم 16-08-2026

Market / Macro & Trading Snapshot (EGX)

• Spire Securities & Bonds Trading Company daily meeting
  • Session: 16-08-2026
• EGX trading value (Thursday): ~14 billion EGP
  • Market breadth: 99 stocks rising, 18 falling
  • Sector value concentration: Healthcare leads, followed by Food & Beverages, then Real estate, contracting & engineering
  • Mentioned leader: Orascom Construction (driving real estate/contracting & engineering activity)

Banking sector activity

• Banking trading value appears limited (~491 million EGP mentioned)
• However, small bank stocks show “good signals.”

EGX 30 (close, outlook, levels)

• EGX 30 close: 55,250
  • +211 points (up)
• Outlook / price targets (if breakout above 55,000 is confirmed next week):
  • Potential move toward 56,400 → 58,000
• Key resistance / trigger:
  • Stabilize above 55,000

EGX 30 support / risk levels

• 54,500 = pivotal short-term level
  • If broken, could correct the rise (from 52,700 toward 55,000)
• Next supports:
  • 53,700 (tied to 61.8% retracement of the move from 52,700 → latest high)
  • 54,000 area = ~20-day moving average
• Short-term stop-loss cited: 52,700 (framed as a stop for short-term investors)
• “Decisive area” to watch: 53,700, with a broader zone 54,000–53,700

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EGX 7 Index View (Slowdown / Supports)

• EGX 7 level reached: 2188, and ~2200; beginning to slow down

Support / bearish trigger

• 21,400 = hourly timeframe support
  • If broken → potential drop toward 20,800 → 20,500

Moving-average framing (short-term stop-loss)

• Bottom area around 19,500
• ~20-day moving average: ~19.60
• Suggested stop/anchor: around 19,150

Targets mentioned

• Target for the described setup: ~22,200
  • Resistance before it: ~21,700
• Additional EGX 7 reference: 67xx / 6,700 (appears linked to a “Shariah indicator” line in the segment)

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Stocks & Strategies Mentioned (Technical / Risk Levels)

The presenter uses a repeated framework: support/resistance + moving-average stop-loss + breakout confirmation, with explicit triggers and stop-loss rules.

Banks / Financials (rebound watch)

CIB (Commercial International Bank)

• Neutral/flat close: ~138 EGP
• Stop-loss (larger timeframe): 133 EGP
• Upside trigger: breaking 142.88 → 145
• Upside targets (if confirmed): 155 → 170

Abu Dhabi Islamic Bank

• Overall stop-loss region: 53.50 → 50 EGP (as long as price stays above)
• Buy-signal strength: stability above 1677–1680
• Further confirmation: break above 1695

Small banks (examples)

• Suez Canal Bank / Faisal Bank / United Bank
  • Mentioned as showing “good signals” (no specific numeric levels for each in this segment)

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Construction / Engineering (“opportunities”)

Orascom Construction

• Named among leaders driving sector activity
• No single numeric trade level provided in the EGX snapshot

Construction (generic ticker references)

• Breakout continuation framework:
  • First support ~700
  • Then a broader band discussed: 700–120–720–730
  • ~760 (61% of a prior decline)
  • Then: 812 → 850 → 900 → 1,000 (conditional on surpassing 760)
• Stop-loss: below ~710 (base mentioned around 710)

Egypt Cement

• Prior performance: hit multiple targets
• Scenario: possible move to 350 if it holds above 235 and 218
• Risk control:
  • Initial protection level: 218
  • Alternative stop (if holding longer): 206
• Same-day rebound plan:
  • Watch key 235 level

South Valley

• Targets referenced near 12.85 and 13
• Stop-loss discussed around a 10.15 type level (text was noisy)
• “Half targets” framing referenced

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Mobile/MoCo & Fertilizers/Petrochemicals (decoupling from oil thesis)

Macro thesis

• Fertilizer & petrochemical sector “decouples from oil movement”
• Price action driven mainly by company earnings quality

Mobco / Misr for Fertilizer Production

• Targets repeatedly referenced (some lines mixed/garbled): 41, 43, 52
• Trigger: as long as above 38.85
• Stop-loss: below about 36.70 (also repeated later as moving-average stop)

Kafr El Zayat / Al-Zayat

• Fertilizer/petrochemical theme; “also looks good”
• Specific numeric levels referenced later in other segments (not fully consistent in this text)

Iron Mines (Metal/mining)

• Support/test: 39
• Resistance: 99 (and later referenced as “997” in a garbled line)
• Break above resistance → next level around 916
• Stop-loss region: 895 (must not go below 39 to avoid the stop per the note)
• Target ladder mentioned after stabilization: 10, 15, 10.5, 10, 12 (format unclear)

Egypt Aluminum

• Surpassed 312 and 318
• Next area/targets: 345 (linked to “area of 272”)
• Additional targets mentioned: 365 → 390
• Trade example / risk management:
  • Added when surpassed 312
  • Sold around 350
  • Claimed performance: ~15% to 17% over ~two days / within a week (wording inconsistent)
• Stop-loss / rule:
  • Use tight risk; stop could be set near key support 312/318 (support cited as the risk reference)

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Engineering-related “Swedish Electric” (electrical/engineering stock)

Swedish Electric

• Stop-loss logic (Fibonacci/levels):
  • Potential stop range: 104 vs 100
  • Presenter recommends 100 as stop-loss
• Targets if positive:
  • Break above 111 → 114.5 → 123 → 150
  • Mentioned pass-through: 133
• Support / line:
  • First support around 116 (garbled)
  • Stop-loss cited around 118 (also garbled with decimal formatting)

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Real Estate & Housing Names (Sideways / Breakout Monitoring)

Madinat Misr for Housing

• Trigger levels:
  • Earlier: broke 87, then corrected
  • 47 = deciding factor after correction
    • Buy if holds; if breaks → move up limited
• Moving-average wait rule:
  • Wait for 20-day moving average / ~8 EGP flat zone for stabilization, then re-buy
• Stop-loss:
  • If 47 breaks, set stop at 47
  • Alternative: stabilization above the moving average

Heliopolis Housing

• Caution: broke the 20-day moving average
• If it breaks 85, sideways range is disrupted
• Downside reference: 7.57
• Stop-loss: 7.85 (or “785” due to formatting)

Palm Hills

• Benchmark/support: 15.30
• Range: 14.25 to 16.40
• Key breakout level: 15.73
• Support: 15 EGP
• Stop-loss: below 14.25

Zahraa El Maadi

• Resistance / confirmation:
  • “61%” level around 7.55
  • Must cross 8 with confirmation
• Key levels: 7.45, 7.76
• Targets: 8:30 → 8:38 → 9

SODIC

• Trailing stop concept:
  • Hit targets 32 and 36 (and possibly 38–41 zone)
• Suggested trailing stop raised to 33 EGP
• Warning: avoid “averaging down” blindly (example of losses if price keeps falling)

Ras Al-Tamweel

• Support: 40
• Stop-loss: 40–70 area (format unclear but explicitly a stop-loss zone)
• Break above 44 → possible move to 47–50

Other real estate mention

• Alexandria: head-and-shoulders reversal and break above 32

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Other Companies Explicitly Mentioned (Key Technical Levels)

Etisalat

• Resistance: 114.87 → 122 → 134 EGP
• Stop-loss: 107 EGP

Fawry

• Stop-loss: 184.3
• Warning: avoid buying without stop-loss; adjust stop if price exceeds 1980 to 20.60 (format/units mixed)
• Target: 210

GP Corporation

• Sideways range: 29.5 to 34 EGP
• Supports: 31, 30.60
• Stop-loss: 29.50 (or main focus 29.60)
• Bullish confirmation:
  • Above 33
  • Breakout above 34.15 → 36–37

Lesco Egypt

• Above 33: “no problem”
• Break above 34.70 → targets 36.60–37.80, then 39–42

Mansoura Poultry

• Surpassed symmetrical target / historical high
• Next resistance: 32
• Support/bottom: 26 flat area
• Stop-loss: 107.27 (stated as important stop)
• Decision week: monitor 146 area for continuation vs further decline

“Car for Asset Management” (ticker text appears garbled)

• Sideways range:
  • Peak: 42
  • Large framework: below 214 and above 261
• Needs to reclaim after breaking 228
• Focus: do not break 214

Amer / iCapital (iCapital A)

iCapital A

• Stop-loss: near 8.5 EGP
• Break above “10 area” → targets 10.60 → 12 EGP
• Historic behavior comparisons included but were inconsistent in formatting

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Methodology / Framework Used (Step-Style Rules)

• Index breakout confirmation
  • Wait for stability above key resistance (e.g., EGX30 above 55,000) before expecting higher targets
• Support-first risk management
  • If pivotal support breaks, expect correction toward retracement zones
• Stop-loss placement
  • Common rules:
    • Below the moving average (e.g., EGX30 referencing ~20-day MA region; EGX7 similarly)
    • Or below the most recent swing low / “decisive level”
• Fibonacci retracement usage
  • Example: 61.8% retracement levels used to define next support/targets
• Moving-average confirmation
  • Bullish when price stabilizes above and/or moving averages converge
  • Bearish if the moving average breaks
• Pattern-based targets
  • Flag/pennant/triangle measured-move targets after consolidation
• Position management / trailing stop
  • After gains (e.g., SODIC), raise trailing stop to protect profit
  • Avoid averaging down without confirmation

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Key Recommendations / Cautions (Themes)

• Emphasis on low risk > trade
• Don’t enter if the whole market/risk environment is high
• Use stop-losses; do not buy “without knowing the stop”
• Averaging down warning (SODIC example): buying more during a deeper pullback can turn profit into loss if stops are not respected

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Disclosures / Notes

• The meeting is private and held by a securities and bond trading company
• No explicit “not financial advice” wording appeared in the provided subtitle text

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Presenter / Source

• Ahmed Saad (speaker for Spire Securities and Bonds Trading Company)