GulfBase GCC Cap Indices
IndexLevelChg%
Large Cap4,036 -0.08
Med Cap3,814 0.03
Small Cap4,859 0.05
Micro Cap8,126 -0.17

Research Reports

Quick Links

Most Viewed News

Most Viewed Companies

Ticker Price Volume
QNBK 127 470,450
ETISALAT 17.2 1,101,899
GFH 0.59 99,270
EMIRATESNBD 7.96 235,332
DAMAC 3.06 2,229,322
MASQ 69
SABIC 102.33 6,566,984

Doha Bank

Source: HC Securities & Investment

Strong Margins; Maintain Buy

• Strong-than expected earnings driven by benign credit costs and stronger margins in 1Q
• Credit expansion soft during the quarter, likely to pick up in 2H
• Maintain our Buy rating and TP of QAR60.8/share

Valuation and catalyst: The stock offers attractive valuations, trading at a FY10f PB of 1.4x, a 29% discount to its implied PB.

Click here to download the complete report
GulfBase GCC Index
Search By
  • Company Symbol
  • Company Name
  • Mutual Fund Name
  • News Content
Send this page to a friend

Poll

Looking ahead, what change you are more likely to make in investing in your domestic stock market?