Al Ahly Pharos
Welcome to our daily podcast featuring the day's top news commentary and technical recommendations delivered to you before the opening bells of the Egyptian Stock Exchange (EGX).Alongside our morning podcasts, we will be publishing a collection of episodes presenting indepth analysis and insights on EGX's equities, all brought to you by Al Ahly Pharos.
Al Ahly Pharos
Pre-Session Views
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Al Ahly Pharos
*Key fundamental views for today*
- Strategy| Macro noise is bullish EGP and step in CSAG + EGAL on Red Sea traffic recovery and aluminum price rally.
- Macro| Remittances go the extra mile in Feb- positive for USD
- COMI 1Q25| on track to meet full year estimates, supported by controlled operating expenses and reduction in provisions.
- ETEL| starts 2025 robustly despite debt burden, price performance lacks catalyst despite upside potential of 45% from current levels.
- RMDA| A strong volume growth and portfolio repricing set RMDA on solid FY25 path
- CCAP| capital increase postponed till year end
- ECAP’s 4Q| impacted by rising cost and competition
- POUL| Record revenues and strong margins on seasonal demand