Latest news with #FawazAbdulazizAlHokair
Zawya
03-07-2025
- Business
- Zawya
Mideast Stocks: Major Gulf Shares rise as steady PMIs signal growth
Major Gulf stock markets rebounded on Thursday, supported by steady non-oil private sector growth and investor optimism around global trade deals following a U.S.-Vietnam agreement ahead of the July 9 tariff deadline. President Donald Trump signed a deal with Vietnam on Wednesday, imposing a 20% tariff on exports to the U.S., lower than the threatened 46% and giving markets reason to hope the impact of the tariffs may be less severe than had been expected for many countries. Saudi Arabia's benchmark index rose 1%, hitting a more than one-month high, with almost all of its constituents posting gains. Saudi National Bank, the kingdom's largest lender by assets, climbed 4.1% and oil major Saudi Aramco added 0.9%. BlackRock Inc. was in talks with Aramco to divest its stake in the leasing rights of a natural gas pipeline network, potentially worth billions of dollars, Bloomberg reported. Reuters could not immediately verify the report. Among other gainers, the retailer Fawaz Abdulaziz Al Hokair & Company, the index's best performer, soared 9.9% and Saudi Telecom added 1.2%. The positive momentum was supported by a healthy domestic outlook, as Saudi Arabia's non-oil private sector expanded at its fastest pace in three months in June, a survey showed on Thursday. The seasonally adjusted Riyad Bank Saudi Arabia Purchasing Managers' Index rose to a three-month high of 57.2 from May's 55.8, putting it further above the 50-point line denoting growth. Dubai's benchmark index gained 1.4% to 5,748, marking a 17-year high with most sectors in the green. Emaar Properties jumped 3.7% and tolls operator Salik advanced 3.4%. The Abu Dhabi benchmark index rose 0.6%, lifted by gains in most sectors. Presight AI surged 6%, hitting its highest level in nearly two years, and Space42 climbed 4.3%. The UAE's non-oil private sector grew steadily in June even as regional tensions weighed on demand, and companies ramped up output to tackle backlogs, a survey showed on Thursday. Qatar's benchmark index added 0.6%, boosted by a 0.5% increase in the Qatar National Bank. SAUDI ARABIA rose 1% to 11,244 ABU DHABI up 0.6% to 9,981 DUBAI advanced 1.4% to 5,748 QATAR gained 0.6% to 10,759 EGYPT Closed BAHRAIN eased 0.2% to 1,947 OMAN advanced 0.6% to 4,550 KUWAIT up 0.3% to 9,113 (Reporting by Amna Mariyam and Manzer Hussain in Bengaluru; editing by Barbara Lewis)
Reuters
03-07-2025
- Business
- Reuters
Major Gulf bourses gain as PMIs signal growth
July 3 (Reuters) - Major stock markets in the Gulf rose in early trade on Thursday, as the non-oil private sector showed steady growth, while investors also awaited a U.S. job report for clues on how soon the Federal Reserve could lower borrowing costs. Saudi Arabia's benchmark stock index (.TASI), opens new tab rose 0.4%, with most sectors in the green, led by finance, materials and energy. Saudi National Bank ( opens new tab, the kingdom's largest lender by assets, gained 1.6% and oil major Saudi Aramco ( opens new tab added 0.6%. The retailer Fawaz Abdulaziz Al Hokair & Company ( opens new tab, the index's best performer, climbed 7% and Saudi Basic Industries ( opens new tab added 1.3%. The expansion in Saudi Arabia's non-oil private sector activity accelerated in June, driven by robust client demand and a surge in hiring, a survey showed on Thursday. The seasonally adjusted Riyad Bank Saudi Arabia Purchasing Managers' Index (PMI) rose to a three-month high of 57.2 from May's 55.8, putting it further above the 50-point line denoting growth. The Abu Dhabi benchmark index (.FTFADGI), opens new tab rose 0.2%, lifted by a 4% advance in Presight AI ( opens new tab and a 3.2% gain in Space42 ( opens new tab. Dubai's benchmark stock index (.DFMGI), opens new tab advanced 0.6%, supported by gains in real estate, utilities and industry sectors. Emaar Properties ( opens new tab added 1.5% and tolls operator Salik ( opens new tab rose 1.7%. The UAE's non-oil private sector grew steadily in June even as regional tensions weighed on demand, and firms ramped up output to tackle backlogs, a survey showed on Thursday. The Qatari benchmark index (.QSI), opens new tab was little changed with Qatar Gas Transport ( opens new tab adding 0.5% while Qatar Islamic Bank ( opens new tab, shedding 0.7%. The market's focus now will turn to a key U.S. jobs report later in the day that may justify imminent rate cuts by the Federal Reserve. Futures imply a 25% probability for a rate cut this month from the Fed. The U.S central bank's decisions have a significant impact on the Gulf region's monetary policy, as most currencies there are pegged to the U.S. dollar.
Yahoo
13-02-2025
- Business
- Yahoo
3 Growth Companies With Insider Ownership Ranging From 16% To 26%
In the midst of global market fluctuations driven by tariff uncertainties and mixed economic signals, investors are keenly observing companies with robust earnings and insider confidence. In such a climate, growth companies with significant insider ownership can be particularly appealing, as this often indicates strong alignment between management and shareholder interests. Name Insider Ownership Earnings Growth Lavvi Empreendimentos Imobiliários (BOVESPA:LAVV3) 17.3% 22.8% Clinuvel Pharmaceuticals (ASX:CUV) 10.4% 26.2% SKS Technologies Group (ASX:SKS) 29.7% 24.8% Propel Holdings (TSX:PRL) 36.5% 38.7% CD Projekt (WSE:CDR) 29.7% 39.4% On Holding (NYSE:ONON) 19.1% 29.7% Pharma Mar (BME:PHM) 11.9% 44.7% Kingstone Companies (NasdaqCM:KINS) 20.8% 24.9% Elliptic Laboratories (OB:ELABS) 26.8% 121.1% Findi (ASX:FND) 35.8% 111.4% Click here to see the full list of 1451 stocks from our Fast Growing Companies With High Insider Ownership screener. Let's take a closer look at a couple of our picks from the screened companies. Simply Wall St Growth Rating: ★★★★☆☆ Overview: Fawaz Abdulaziz Al Hokair & Company is a franchise retailer of fashion products operating in several countries including Saudi Arabia, Jordan, and the United States, with a market cap of SAR1.90 billion. Operations: The company's revenue is primarily derived from Fashion Retail, generating SAR4.77 billion, followed by the F&B segment at SAR341.57 million and Indoor Entertainment contributing SAR68.91 million. Insider Ownership: 16.1% Fawaz Abdulaziz Al Hokair is forecast to achieve significant earnings growth of 115.98% annually, despite its high debt levels and volatile share price. While the company's revenue growth of 0.9% per year outpaces the broader Saudi Arabian market's decline, it remains below high-growth thresholds. The firm is expected to become profitable within three years, presenting a good relative value compared to peers, though insider trading activity has been minimal recently. Navigate through the intricacies of Fawaz Abdulaziz Al Hokair with our comprehensive analyst estimates report here. Insights from our recent valuation report point to the potential undervaluation of Fawaz Abdulaziz Al Hokair shares in the market. Simply Wall St Growth Rating: ★★★★★☆ Overview: Hangzhou Lion Electronics Co., Ltd focuses on the R&D, production, and sale of semiconductor silicon wafers, power devices, and compound semiconductor radio frequency chips in China with a market cap of CN¥16.99 billion. Operations: The company generates revenue from semiconductor silicon wafers, power devices, and compound semiconductor radio frequency chips in China. Insider Ownership: 17.8% Hangzhou Lion Electronics Ltd. is projected to achieve substantial revenue growth of 23.7% annually, outpacing the Chinese market's average. Despite a low forecasted return on equity of 5.2% in three years and debt concerns not well covered by operating cash flow, the company is expected to become profitable within this period, indicating above-average market growth potential. Insider trading activity has been minimal recently, with no significant buying or selling reported over the past three months. Unlock comprehensive insights into our analysis of Hangzhou Lion ElectronicsLtd stock in this growth report. The valuation report we've compiled suggests that Hangzhou Lion ElectronicsLtd's current price could be inflated. Simply Wall St Growth Rating: ★★★★★☆ Overview: New Huadu Technology Co., Ltd. operates in the Internet marketing sector in China and has a market capitalization of CN¥4.61 billion. Operations: Unfortunately, the provided text does not include any specific revenue segment information for New Huadu Technology Co., Ltd. Insider Ownership: 26.8% New Huadu Technology is projected to achieve significant earnings growth of 27.1% annually, outpacing the Chinese market average. The company trades at a favorable price-to-earnings ratio of 20.3x, below the market's 37.1x, indicating good relative value despite its low forecasted return on equity of 19.8%. Recent developments include a shareholders meeting to discuss reallocating surplus funds and supplementing working capital, with no substantial insider trading activity reported in the past three months. Dive into the specifics of New Huadu Technology here with our thorough growth forecast report. The valuation report we've compiled suggests that New Huadu Technology's current price could be quite moderate. Unlock more gems! Our Fast Growing Companies With High Insider Ownership screener has unearthed 1448 more companies for you to here to unveil our expertly curated list of 1451 Fast Growing Companies With High Insider Ownership. Already own these companies? Link your portfolio to Simply Wall St and get alerts on any new warning signs to your stocks. Simply Wall St is a revolutionary app designed for long-term stock investors, it's free and covers every market in the world. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks analysis only considers stock directly held by insiders. It does not include indirectly owned stock through other vehicles such as corporate and/or trust entities. All forecast revenue and earnings growth rates quoted are in terms of annualised (per annum) growth rates over 1-3 years. Companies discussed in this article include SASE:4240 SHSE:605358 and SZSE:002264. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
