- Market Overview 

- COMI

- prepared by: Mayada Amin- CETA, CFTe

• Despite YTD rally, PHDC is still materially cheap. 
• Copper/aluminum price ratio should provide solid support to EGAL.
• ORAS| Core business is trading for free
• MCQE| Time to change our call from BUY to NEUTRAL
• ABUK,MFPC, EGCH| Urea prices surge on gas shortage, but regional ceasefire signals relief.
• MTIE| Bosch’s factory inauguration reinforces appliances segment momentum. 

- Market Overview 

- COMI

- ETEL

- ADIB

- EMFD

- ISPH

- prepared by: Mayada Amin- CETA, CFTe

In today's Pre-Session Views:

• Strategy| POUL will likely find support in bottoming Brazilian chicken prices
• DSCW Helwan facility visit| Expansion milestones validate robust growth
• RAYA| Ostool's exit could mark RAYA’s strategic shift to core asset-light verticals
• EGAL| Electricity price reduction reversal; Valuation remains intact 
• JUFO| Merger accounting and concentrate prices weigh on margins

- Market Overview 

- JUFO

- ORWE

- TMGH

- ORHD

- ORAS

-,Prepared by: Mayada Amin- CETA, CFTe

• Strategy| COMI can easily jump 5% just to recoup June-to-date losses and this could be the start of a 12M gain of 50%
• VALU| Investor-fueled rally may overrun fundamentals
• ATLC| Expanding opportunities in factoring and mortgage amidst leasing maturity
• OLFI| Management reaffirms growth plans and strong FY25 outlook
• ORWE management call | Near-term headwinds temper outlook, strategic investments and US focus could unlock value 

- Market Overview 

- ORAS

- ORWE

- FWRY

- PHDC

- JUFO

- Prepared by: Mayada Amin, CETA, CFTe

• Strategy| CICH will likely be the next NBFI to re-rate in 2H25
• HRHO| Amazon's bet on VALU is a win for HRHO shareholders
• BTFH| BTFH secured USD funding — Is a USD-based target acquisition in sight?
• MTIE management meeting takeaways| An exclusive distribution and local production plans signal growth acceleration
• AMOC, CCAP| Wider Diesel-HFO spread signals margin upside for AMOC and CCAP

- Market Overview 

- ADIB

- BTFH 

- PHDC

- TMGH

- EFIH

- Prepared by: Mayada Amin, CETA, CFTe

• Strategy| Betting on listed crude oil-related stocks is betting against the supply response of OPEC+ and US shale producers
• DSCW| valuation update
• ORAS | Private sector entry to water projects a tailwind for local contractors
• MTIE| Contribution to Basata Holding’s capital increase underscores commitment to microfinance growth