Stock Evaluations

The price index rose for the fifth day in a row by 0.27% to 6,932.01 points
22 August 03:19 PM Boursa Kuwait closes Tuesday in green
By: Mohamed Farouk Mubasher: Boursa Kuwait’s main indices witnessed gains for the second day in a row on Tuesday, in line with the rises in most of the market sectors and the increased interest in leading stocks. The price index rose for the fifth …
Al Imtiaz led the trading at 10:49 am with KWD 2.4 million in liquidity
22 August 12:49 PM Al Imtiaz acquires 27% of Boursa Kuwait liquidity
By: Mohamed Farouq Mubasher: Al Imtiaz Investment Group’s stock acquired 26.6% of Boursa Kuwait’s liquidity –mid-Tuesday, which is the best trading activity it has seen in a month. Al Imtiaz led the trading at 10:49 am with KWD 2.4 million in …
The markets may continue to see positive speculations
22 August 08:47 AM GCC bourses still see cautious trades – Analysts
By: Mahmoud Gamal Mubasher: The GCC stock markets need new liquidity to be able to break their important resistance levels, as investors are shying away from purchases due to increased tensions between the US and North Korea as well as oil prices …
Traders at Boursa Kuwait
21 August 08:37 AM GCC bourses likely to rise Monday – Analysts
By: Mahmoud Gamal Mubasher: The GCC stock markets are expected to see a positive performance on Monday, amid investors’ tendency to invest in small caps, analysts told Mubasher. The GCC bourses still look forward to seeing gains on Monday, amid …
Burgan Drilling topped the winners
20 August 02:25 PM Boursa Kuwait indices close Sunday mixed
By: Mohamad Farouk Mubasher: The price index of Boursa Kuwait gained 0.21% or 14.74 points to close Sunday’s session at 6,900.58 points. Similarly, the weighted index edged up 0.09%, while the Kuwait-15 index retreated 0.25% to post its fourth …
Abyaar Real Estate’s stock is heading for its second target level at 26.8 fils
20 August 12:34 PM Abyaar Real Estate stock hits 4M high Sunday
By: Mohamad Farouk Mubasher: The stock of Abyaar Real Estate Development on Sunday went up 2.31% or 0.6 fils to reach 26.6 fils by 12:02 pm Kuwait time, hitting its highest level in four months. The real estate segment edged up 0.1% in line with …
The benchmark index is on a positive track
20 August 10:26 AM Boursa Kuwait opens Sunday in green
By: Mohamad Farouk Mubasher: The price index of Boursa Kuwait started Sunday’s trading session 0.12% or 8.6 points higher to reach 6,894.43 points. By 9:24 am Kuwait time, both the weighted and Kuwait-15 indices gained 0.26% and 0.03%, …
Traders at Dubai's bourse
20 August 08:40 AM Traders to invest in GCC operational stocks – Analysts
By: Mahmoud Gamal Mubasher: The GCC stock markets are expected to see further gains on Sunday, in line with the announcement of first-quarter financials and investors’ trades on stock with strong operational results, analysts told Mubasher. …
Boursa Kuwait’s performance is positive so far on the short-term
17 August 03:21 PM Boursa Kuwait closes at highest level in 4M
By: Mohamed Farouq Mubasher: The indices of Boursa Kuwait saw a mixed performance in Thursday’s session, as most sectors rose, led by financial services. The price index gained 0.46% or 31.27 points to 6,885.84 points; its highest level in four …
The market saw trading of 13.2 million shares
17 August 09:56 AM Boursa Kuwait indices fall at Thursday open
By: Mohamed Farouk Kuwait – Mubasher: Boursa Kuwait saw a negative performance in Thursday’s early trades, with its price index falling 0.11% or 7.6 points to 6,846.57 points by 9:30 am Kuwait time. The weighted and Kuwait-15 indices levelled down …
The acquisition will help the Omani telecom operator company to lower operating costs through synergies
16 August 11:35 AM Omantel purchase of Zain stake considered credit positive - Moody's
Kuwait – Mubasher: Oman Telecommunications Co’s (Omantel) acquisition of a minority stake in Kuwait-based Mobile Telecommunications Co (Zain Group) is credit positive, according to Moody’s Investors Service. The acquisition will help the Omani …
The stock’s trading volume reached 7.31 million shares
15 August 11:32 AM KFH hits highest level in 29M
By: Mohamad Farouk Mubasher: The stock of Kuwait Finance House (KFH) on Tuesday recorded its highest level in 29 months, rising by 1.23% or 7 fils to reach 574 fils by 10:38am Kuwait time. KFH’s rise backed the banks segment to top the gainers …
Pharos Research initiated coverage on Egypt Free Shops
14 August 06:07 PM Pharos Research initiates Egypt Free Shops' coverage, sets FV at EGP 7.09/shr
Cairo – Mubasher: Pharos Research has initiated coverage on Egypt Free Shops' share and set its fair value (FV) at EGP 7.09 per share, with an “Overweight” recommendation. Tourist arrivals surged 51% year-on-year during the first five months of …
Pharos Research has maintained the FV of Delta Sugar at EGP 36.43 per share
14 August 03:42 PM Pharos Research maintains Delta Sugar FV at EGP 36.43/shr
Cairo - Mubasher: Pharos Research has maintained the fair value (FV) of Delta Sugar at EGP 36.43 per share, with an "Overweight" recommendation. Delta Sugar’s revenues rose 78.7% quarter-on-quarter and 95.9% year-on-year in the second quarter of …
Porto Group is expected to achieve profits of EGP 296 million during 2017
13 August 05:42 PM Porto Group to achieve profits of EGP 296m in 2017 - Report
Cairo – Mubasher: Porto Group Holding is expected to achieve profits of EGP 296 million during 2017, according to a report by Prime Research on Sunday. Prime Research forecast Porto Group’s revenues to reach EGP 2.2 billion in 2017, noting that …
About 864,300 shares of TAQA were traded
10 August 11:40 AM TAQA stock falls despite profitable financials
Abu Dhabi – Mubasher: The stock of Abu Dhabi National Energy (TAQA) fell by 4% to reach AED 0.49 on Thursday, by 12:10 pm UAE time, following the company’s disclosure of its quarterly income statements. About 864,300 shares of TAQA were traded at …
The indices of the GCC stock markets are facing strong resistance
10 August 09:43 AM GCC markets in need for more liquidity – Analysts
By: Mahmoud Gamal Mubasher: The Gulf stock markets are expected to face a challenge in attracting more liquidity in the coming sessions amid investors’ anticipation of leading companies to disclose their quarterly income statements, technical …
The liquidity pumped into the UAE stock markets is still weak
10 August 09:26 AM Profit taking likely to continue at UAE markets Thursday – Analysts
By: Mahmoud Gamal Dubai – Mubasher: The UAE stock markets are expected to continue their profit taking trend on Thursday in line with investors’ anticipation of more quarterly financials’ disclosures of leading companies, mainly Emaar Properties, …
MubasherTrade Research has maintained its Buy/Moderate risk rating for Emaar Misr
9 August 06:40 PM MubasherTrade maintains Buy/Moderate risk rating for Emaar Misr; PT at EGP4.04/shr
Cairo – Mubasher: MubasherTrade Research has maintained its Buy/Moderate risk rating for Emaar Misr for Development at a price target (PT) of EGP 4.04 per share, implying a 52% upside potential. Earlier on Wednesday, Emaar Misr reported a 23% …
MNHD’s stock will be kept under review since the firm is currently updating its model
9 August 06:21 PM SARAI weighs on MNHD Q2 results - MubasherTrade
Cairo – Mubasher: Madinet Nasr Housing and Development (MNHD) posted a 41% year-on-year surge in standalone earnings in the second quarter of 2017 due to gross revenues from its project SARAI New Cairo, according to a report by MubasherTrade …
By 12:25 pm UAE time, DXB Entertainments’ stock dropped 1.8%
9 August 12:11 PM DXB’s stock falls 1.8% on higher losses Wednesday
By: Mahmoud Gamal Dubai – Mubasher: DXB Entertainments’ stock fell during Wednesday’s trades on the Dubai Financial Market (DFM) after the company announced widening its losses by 593.7% year-on-year in the second quarter of 2017. By 12:25 pm UAE …
These profit taking transactions are temporary and normal during this period of the year
9 August 09:21 AM UAE markets likely to see positive incentives Wednesday – Analysts
By: Mahmoud Gamal Dubai – Mubasher: The profit taking transactions at the UAE stock markets are expected to be suspended on Wednesday in line with new positive incentives, led by Arabtec’s income statements, which may push investors to pump new …
The positive outlook on the economy aviation segment has attracted new portfolios
9 August 09:30 AM GCC bourses expected to rise slightly Wednesday – Analysts
By: Mahmoud Gamal Mubasher: The majority of the Gulf stock markets are expected to slightly rise on Wednesday in line with the portfolios’ trend to increase positions in penny stocks, analysts told Mubasher. Traders at the GCC markets, namely …
Pharos maintained an Overweight recommendation over the stock
9 August 12:23 AM Pharos maintains Al Baraka FV at EGP16.5/shr
Cairo - Mubasher: Pharos Research has maintained its fair value (FV) evaluation of Al Baraka Bank at EGP 16.50 per share, with an Overweight recommendation, according to a recent report. The research firm said that it is basing its valuation on a …
The research firm also maintained its Neutral rating
8 August 10:49 PM Al Rajhi Capital raises Savola’s TP to SAR40.8/shr
Riyadh - Mubasher: Al Rajhi Capital Research has revised its target price (TP) for Savola Group to SAR 40.8 per share, up from SAR 39.4, and maintained their “Neutral” rating, according to a recent report. “Our target price implies 8.9% downside …