In today's Views: 

• Strategy | August urban CPI inflation rate will likely dip to 11-12% so we raise the probability of a 3% rate cut to 50% and name the list winners. 
• PHDC | The market has already priced in NUCA’s fees, Jirian net cashflows partially offsets the liability
• PHAR | 1H25 preliminary results, strong earnings growth; EIPICO 3 catalyst awaited
• GBCO | 1H25 Earnings beat estimates, upside still ahead
• HRHO | Volatility priced in, growth engines running; we reiterate our FV
• BINV | Hold – Cash position and expansion support long-term value
• LCSW | Pressured 2Q25 results amidst headwinds, volume rebound is key
• EFIC | SSP-sulfur squeeze hits 1H25 standalone earnings, recovery ahead
• ECAP | Losses extend into 2Q25 as demand recovery lags
• ISPH | Earnings call confirms positive outlook, reaffirm BUY (FV: EGP17.1/share)