Egypt's bourse crossed the critical 7,000 points mark on Tuesday, buoyed by optimism that a government stimulus plan will boost economic growth in 2011, while other regional markets were largely muted.
The benchmark .EGX30 rose 0.9 percent to close at 7,027 points, its highest close since May 6.
'The index is at critical levels and a lot of people are buying after it broke the 7,000 point level,' said Karim Hosny of Pharos Securities, adding that the next resistance level is at 7,400 points.
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