KEY THEMES
Our stock calls yesterday were right on spot. B Investments [BINV] (+1.4%), MM Group [MTIE] (+11.6%), and Telecom Egypt [ETEL] (+1.9%) all ended the day in the green. On the other hand, Fawry [FWRY] (-3.9%) ended the day in the red, having fallen as low as 10% intraday. We remain positive on the first three names, with further upside expected as the market appreciates the growth profile of Ebtikar ahead of its planned IPO in H2 2021.