(MENAFN- Daily News Egypt) The Commercial International Bank's (CIB) stock has been making a comeback in the Egyptian stock market in the past week. Mohab Ajeena, Head of Technical Analysis at Beltone Financial Holding, advises current market participants to keep the Commercial International Bank's stock. Bassam Abu Ghaneima, Director of Technical Analysis at Arabeya Online, expects the Commercial International Bank's stock, along with Hermes' stock, to support the market's rise. Research centers on the Commercial International Bank indicate that its market value is higher than its fair value. Arab African International Securities Research views the positive business results for the Commercial International Bank in the third quarter of this year as a sign of optimism.


Source:   Daily News Egypt
November 15, 2023 09:44 UTC