Pre-Trading Thoughts

Pitch: Egypt Banking Sector| Rerating Is a Must The Egyptian banking sector is poised for remarkable performance as we approach the release of third-quarter results for 2024. The combination of anticipated extraordinary results amid high interest rates and the compelling valuation metrics makes the Egyptian banking sector a prime candidate for investment. Our top picks for the sector are: ADIB (FV: EGP80.00, OW) and COMI (FV: EGP130.00, OW) The Madbouly government has reportedly asked th...