تعليق صوتي ما قبل جلسة 19-08-2026

Presenter / Source

• Mustafa Raafat — Head of Technical Analysis, Astoool Securities Brokerage and Bond Brokerage Company
• Report covers the post-session for August 18, 2026 (video dated before 19-08-2026)

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Market / Index Levels (EGX)

EGX 30

• Previous close: 55,276 points
• Key supports (nearest minor): around 55,500 and 55,000
• Overall (very short-term) trend: remains upward as long as price stays above these levels
• Targets:
  • 56,200 (initial)
  • 57,500 (main short-term target)

Secondary/Main Support Framing

• A main support around 54,500 is described as critical.
• Even if the market is correcting, it is considered acceptable while above 54,500.

Bearish Scenario / Caution (explicit)

• If EGX 30 breaks and continues below 55,000, it only shifts the very short-term view to a downtrend.
• However, the short-term trend is still generally upward.
• Positive outlook maintained above 54,500.

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EGX 70

• Described as in a temporary corrective phase on the short term.
• Condition to stay positive: maintain above 21,2100 (as written)
• Targets:
  • 1,000 mentioned, then
  • 2,200 (initial target)
  • EGX 70 main targets also framed as continuing upward in the coming period.

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EGX 100

• Mostly driven by EGX 70.
• Yesterday level referenced: 27,300
• Condition to remain positive: stay above 27,300
• Targets: around 29,000 then 30,000

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General Sentiment

• “Generally considered overbought for all indices,” but the correction is still viewed as acceptable.
• Mentions EGX 70 / EGX 300 (note: “EGX 300” is likely a transcription issue).

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Sector / Stock Calls & Levels (Egyptian Equities)

Banking

Housing & Development Bank

• Close: 92.65 EGP
• Breakout / resistance confirmed: 87.60 EGP
• Targets:
  • 98 EGP
  • 100 EGP (flat as initial short-term borrowing target)
• Commentary: further upside expected; bullish while holding the trend.

Rascom Investment

• Close: 81 piasters
• Resistance to watch: near 83 piasters (mentioned as close to breaking)
• Support (must hold): 74 piasters
• Targets:
  • 86–87 EGP (initial target as stated)
  • 95 EGP (main target)

Abu Dhabi Islamic Bank (trading range)

• Current trading: 44 piasters (as written)
• Trade setup (very short term):
  • Buy/trade within 54 EGP flat level and 53 EGP secondary support
  • (Levels appear inconsistent with the piaster price—likely subtitle/auto-merge error)
• Targets:
  • 58 EGP (initial)
  • 60 EGP (main; “flat”)

Suez Canal Bank (trading between support/resistance)

• Minor support: 41.5 EGP
• Major support: referenced as “36 (or rather, 39.5 EGP)” (subtitle ambiguity)
• Main support: 44 EGP
• Primary target: 48 EGP

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Food / Poultry

Mansoura Poultry

• Close: 2.27 EGP
• Key support level: 2.78 EGP (described as the line where outlook is positive)
• Targets:
  • 235–238 EGP (initial—likely transcription/scaling error; kept as stated)
  • 2.5 EGP (main target)

Ismailia Poultry

• Close: 35.97 EGP
• Support to hold: 33.75 EGP (and also 33.80 EGP mentioned)
• Targets:
  • 38 EGP (initial)
  • 40 EGP (short-to-medium term target)

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Food / Consumer Stocks

Lotus (explicit restriction: no new buying)

• Statement: Lotus has not yet shown positive performance recently, but “it’s impossible for us to be in new buying positions.”
• Advice applies to: only investors who already own the stock
• If price declines: “pound at 42 piasters”
• Risk management / profit protection: raise profit protection to the nearest minor support level:
  • Nearest minor support (very short term): 25–26 pounds (likely piasters/EGP mismatch due to subtitle errors)
• New/borrowed position: “open a new borrowed position around 50” after reaching previously identified borrowing levels (conditions implied)

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Construction / Real Estate & Utilities

GBI for Urban Development

• Close: 35 piasters
• Upper secondary support to hold: 27 pounds (as stated)
• Nearest strong support: 27
• Targets:
  • 40–41 (initial targets)
  • 50 (main target in very short term)

Elsewedy Electric

• Close: 127.25 EGP
• Targets:
  • 135 (initial)
  • 145 and 150 (main targets)
• Link to prior level: targets were set after breaking 10,700 (likely different price-level context)
• Risk management: raise stop-loss / profit protection to 118.5 EGP

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Textiles / Durable Goods (and similar)

Arab Halij (“Arabiya Al-Halij”)

• Close: 14.58 EGP
• Initial target hit: 14.92 EGP (subtitle says “1492 EGP” — likely 14.92)
• No new purchases: explicitly no new purchases right now
• Profit protection: raise profit protection to 14 EGP
  • Also mentions “flat price 14.10 EGP”
• Support to watch: 13.30 EGP remains the most important support
• Additional statement: “Elsewhere” holding/maintenance if 13.30 line is preserved

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Agricultural / Services

Nahr El Kheir

• Close: 48.25 piasters
• Price near: 49.09 piasters, nearly 50 piasters
• Targets:
  • 51 piasters (highest / initial very short-term target)
  • ~55 (main target)
• Supports / profit protection:
  • Secondary support rectangle: 47 piasters 3 millimes
  • Main support: 44 piasters 5 millimes (equals 45 piasters flat as stated)
• Outlook: positive as long as above these supports

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Trading Lists (Industrial / Building Materials / Developers)

Cairo Poultry

• Main support: ~36 EGP
• Trade approach: establish long positions near support
• Targets: 40–41 EGP

Iron & Steel for Mines and Quarries

• Minor support: 9 EGP
• Major support: also referenced as 9 EGP
• Action: hold long as long as price stays above 9 EGP
• Targets: 9.65 EGP, then 10.20 EGP

Sinai Cement

• Main support: 91 EGP
• Secondary support: 95 EGP
• Targets: 107 EGP then 114 EGP

Talaat Moustafa

• Current level: 92 EGP flat
• Main support: 92 EGP
• Targets: up to 104 EGP

Zahraa El Maadi

• Trade range:
  • Lower: 7 EGP flat (main support)
  • Upper: 47 EGP secondary support
• Highest target mentioned: 785 (unit unclear due to subtitle scaling/typo)

Arab Developers

• Main support (very short/short term): 23 piasters flat
• Secondary support: 24 piasters
• Maintenance: “still able to maintain its main support”

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Framework / Methodology (Technical Levels & Risk Management)

The approach described is primarily technical analysis using support/resistance and conditional trend logic:

• Identify index support bands (minor/main/secondary) to determine whether the uptrend remains intact
• Set conditional targets:
  • Initial target after confirmation
  • Main target for the short term / very short term
• Define bearish breakdown scenarios:
  • If key support breaks (e.g., EGX 30 below 55,000), adjust short-term bias
• For stocks: use hold/recommend rules based on specific support levels
• For risk control:
  • Raise profit protection / stop-loss to the nearest minor support level or specified levels (e.g., Elsewedy 118.5 EGP, Arabiya Al-Halij 14 EGP, Lotus conditional)

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Recommendations / Cautions (Explicit)

• Maintain bullish bias for indices while above key supports (especially EGX 30 above 54,500).
• Correction is described as weak/temporary and not a reason to fear the market.
• Stock buying restrictions:
  • Lotus: advice is only for existing holders; no new buying positions
  • Arab Halij: no new purchases right now; manage using profit protection and support levels
• General caution: “a little caution,” but the market is still above key supports (no major panic).

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Disclosures / Disclaimers

Very Important Disclaimer (verbatim meaning): report is based on information believed correct; Astoool and the author are not legally responsible for investment decisions made based on the report (buy/sell).

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Mentioned Tickers / Instruments (As Stated)

Indices

• EGX 30
• EGX 70
• EGX 100
• Also “EGX 300” mentioned — likely a transcription issue

Stocks / Equities

• Housing and Development Bank
• Rascom Investment
• Mansoura Poultry
• Ismailia Poultry
• Lotus
• GBI for Urban Development
• Arab Cotton Ginning Company
• Arabiya Al-Halij
• Elsewedy Electric
• Nahr El Kheir
• Abu Dhabi Islamic Bank
• Suez Canal Bank
• Cairo Poultry
• Iron and Steel for Mines and Quarries
• Sinai Cement
• Talaat Moustafa
• Zahraa El Maadi
• Arab Developers

Units include EGP, piasters, and millimes; several levels appear inconsistent due to subtitle/auto-generation errors.

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Presenters / Sources

• Mustafa Raafat — Astoool Securities Brokerage and Bond Brokerage Company