In today's views

• Strategy | ORAS stuck around the AED35/share mark and this price level is far from random
• MACRO | Absence of major inflation shocks during September and an unusually high real rate provide ample room for another 1-2% rate cut today
• EFID | MCAP rose by EGP6 billion during a single month to EGP28 billion. Even a GCC listing does not justify this valuation
• BONY | The story behind the numbers: from CFO to FCFE