Stock Evaluations

Egypt Aluminum has posted a 39% year-on-year decline in profits for the second quarter of fiscal year 2017/2018
19 February 03:38 PM MubasherTrade maintains Egypt Aluminum Hold/Moderate Risk rating
Cairo – Mubasher: MubasherTrade has maintained their Hold/Moderate Risk rating for Egypt Aluminum at a price target (PT) of EGP 72.05 per share, according to a recent report. The Egypt-based firm has posted a 39% year-on-year decline in profits …
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15 February 04:05 PM MubasherTrade downgrades EBE rating; PT at EGP14.8/shr
Cairo - Mubasher: MubasherTrade Research has downgraded its recommendation for the stock of the Export Development Bank of Egypt (EBE) from Buy to Hold. However, the research firm has maintained the same Moderate Risk rating, and the price target …
Etisalat has the heaviest weight of AED 30.18 billion on the MSCI Index
15 February 09:34 AM Etisalat tops UAE market cap on MSCI Index
Dubai – Mubasher: The market capitalisation of the free-flowing shares of the 10 Emirati companies listed on the MSCI Index stood at about AED 128 billion on 13 February, according to Emirates News Agency (WAM). Emirates Telecommunications Group …
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15 February 04:18 AM MubasherTrade recommends buy on El-Shams
Cairo - Mubasher: MubasherTrade Research has initiated coverage on the stock of El-Shams Housing and Urbanization with a Buy/Moderate Risk rating, according to a note issued on Wednesday. The research firm also set the stock's price target (PT) at …
Nafais Holding was first listed on Boursa Kuwait in early May 2005
14 February 09:43 AM Nafais Holding to delist from Boursa Kuwait on Thursday
Mubasher: Nafais Holding announced that the company will officially withdraw from Boursa Kuwait on Thursday, 15 February 2018, according to a bourse filing on Wednesday. Late March 2017, the Capital Markets Authority (CMA) has approved the …
EFG Hermes replaced El Sewedy Electric and moved to the small-cap index
13 February 04:03 PM MSCI replaces EFG Hermes with Eastern Co on global standard index
Cairo – Mubasher: Eastern Co has been added to the MSCI Egypt global standard index, replacing EFG Hermes, according to a press release by MSCI Inc. Meanwhile, EFG Hermes replaced El Sewedy Electric and moved to the small-cap index, MSCI added. …
The MSCI Emerging Markets Index includes 23 countries
13 February 03:35 PM MSCI removes Orascom Construction from small-cap index
Dubai – Mubasher: Orascom Construction Ltd, the dual-listed company on Nasdaq Dubai and the Egyptian Exchange (EGX), was removed from the MSCI small-cap index, according to the MSCI Emerging Markets Index’s semi-annual review, previously known as …
The cement producer's sales amounted to 870,000 tonnes in Q4-17
8 February 03:25 PM Yamama Cement sees all-time low profits in Q4 – Report
Riyadh – Mubasher: Yamama Cement Co’s net profit for the fourth quarter of 2017 is the lowest in the company’s history, according to a recent report by NCB Capital on Thursday. The Saudi Arabia-based firm's Q4-17 profits of SAR 16.9 million has …
MubasherTrade maintained their Sell/Moderate Risk rating on CIB at a PT of EGP 76/shr
1 February 04:21 PM MubasherTrade maintains Sell/Moderate Risk rating on CIB
Cairo – Mubasher: MubasherTrade has maintained their Sell/Moderate Risk rating for the Commercial International Bank Egypt (CIB) with a price target (PT) of EGP 76 per share, according to a recent report on Thursday. The CIB posted a 25% …
Boubyan Petrochemical owns a stake of 82.09% in Educational Holding
1 February 04:13 PM Boubyan Petrochemical buys equity in Educational Holding
Mubasher: Boursa Kuwait said that it executed a transaction on Boubyan Petrochemical regarding purchasing about 440,380 shares in Educational Holding Group. The average price for purchasing the shares stood at 313.2 fils each at a total value of …
UAE bourses to recover on annual financial results
1 February 08:55 AM UAE bourses to extend gains in 1st week of February – Analysis
By: Mahmoud Gamal Abu Dhabi – Mubasher: The UAE bourses are likely to test significant levels during the first week of February amid investors’ anticipation for more market-boosting catalysts, topped by annual financial results. By the end of …
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30 January 09:55 PM Beltone sets Porto FV at EGP 0.44/shr; recommends buy
Cairo - Mubasher: Beltone Financial has iinitiated the coverage of Porto Group with a fair value (FV) of EGP 0.44 per share, with a Buy rating, according to a research note issued on Tuesday. Beltone estimates Porto Group sales to reach EGP 2.8 …
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30 January 06:59 PM Pharos keeps AlBaraka FV at EGP 16.5/shr
Cairo - Mubasher: Pharos Research has maintained its fair value (FV) valuation of Al Baraka Bank’s stock at EGP 16.50, with an Overweight recommendation. The valuation is based on a set of key assumptions that underpin the growth potential for the …
Suez Canal Bank is forecast to see a significant turnaround in asset quality in 2018
29 January 04:02 PM Pharos Research updates Suez Canal Bank FV to EGP 18.50
Cairo – Mubasher: Pharos Research has updated their fair value (FV) for Suez Canal Bank at EGP 18.50, according to a recent report on Monday. Suez Canal Bank has been able to achieve significant profits during 2017 after years of zero bottom-line …
MubasherTrade downgrades Cairo Poultry rating, maintains PT at EGP 10.43/shr
28 January 04:31 PM MubasherTrade downgrades Cairo Poultry rating, maintains PT at EGP 10.43/shr
Cairo – Mubasher: MubasherTrade has downgraded their recommendation for Cairo Poultry company Hold/Moderate Risk, while maintaining price target (PT) at EGP 10.43 per share, according to a recent report on Sunday. Cairo Poultry is projected to …
Pharos Research maintained Equalweight recommendation for Abu Qir Fertilizers on FV of EGP 25
22 January 04:29 PM Pharos maintains Equalweight on Abu Qir Fertilizers
Cairo – Mubasher: Pharos Research has maintained their 'Equalweight' recommendation for Abu Qir Fertilizers on a fair value (FV) of EGP 25, according to a recent report on Monday. Abu Qir's revenues rose by 48% quarter-on-quarter and 56% …
Total purchasing orders stood at 6.1 million shares
18 January 12:58 PM KGL Logistics’ stock posts most active trades in year
By: Mohamad Farouk Mubasher: The stock of KGL Logistics came in the second place in terms of Boursa Kuwait’s most active stocks on Thursday. By 12:18pm Kuwait time, KGL Logistics registered 16.11 million shares traded through 576 transactions at a …
KGL registered the highest trading volume of 7.6 million shares
18 January 12:45 PM KGL stock hits 5-year high on Thursday
By: Mohamad Farouk Mubasher: The stock of Kuwait and Gulf Link Transport (KGL) continued to register positive performance, increasing by 16.5% on Thursday to rank the second among Boursa Kuwait’s top winners. By 11:55am Kuwait time, KGL rose by 17 …
Pharos expected the bank’s effective tax rate to reach 30% in 2018
14 January 03:42 PM Pharos upgrades ADIB Egypt FV to EGP 19.5/shr
Cairo – Mubasher: Pharos Research has raised their fair value (FV) for Abu Dhabi Islamic Bank – Egypt (ADIB) to EGP 19.50 per share, with an Overweight recommendation, according to a recent report on Sunday. “Despite ADIB UAE unwillingness to …
MubasherTrade adjusts Egypt Aluminum’s PT to EGP 72.05/shr, with a Hold/Moderate Risk rating
11 January 03:38 PM MubasherTrade adjusts Egypt Aluminum’s PT to EGP 72.05/shr
Cairo – Mubasher: MubasherTrade has adjusted their price target (PT) for Egypt Aluminum’s stock from to EGP 72.05 per share from EGP 144.1 per share on the effective date of the stock dividend, implying an upside potential of 8.9%. Therefore, the …
GFH is the first non-UAE company on which Nasdaq Dubai is offering futures
10 January 03:44 PM Nasdaq Dubai to launch futures on GFH’s shares
Mubasher: Nasdaq Dubai announced that it will launch single stock futures on GFH Financial Group (GFH) starting from 16 January 2018. This step comes to enable investors to take positions on movements in the share price of GFH, according to a …
MubasherTrade upgraded their 12-month PT for Lecico Egypt to EGP 8.35/shr
10 January 03:30 PM MubasherTrade upgrades Lecico Egypt PT to EGP 8.35/shr
Cairo - Mubasher: MubasherTrade Research has upgraded their 12-month price target (PT) for Lecico Egypt to EGP 8.35 per share, with a Buy/High Risk recommendation, according to a recent report on Wednesday. The research firm highlighted that the …
Amwal went up 19.75% or 6.4 fils to reach 38.8 fils
10 January 12:51 PM Amwal’s stock tops Boursa Kuwait’s winners
Mubasher: The stock of Amwal International Investment has topped the winners at Boursa Kuwait by 12:15pm Kuwait time on Wednesday. Amwal went up 19.75% or 6.4 fils to reach 38.8 fils; the highest level registered in two months. A total of 6.4 …