Bottom-up approach to stock selection

Recent equities strategy report issued by SICO Research, the research and analysis arm of Bahrain-based Securities & Investment Company (SICO) adopts Micro approach instead of Macro focus in analyzing GCC equities. GCC nations are in challenging times due to lower oil price and Governments are taking appropriate measures through fiscal reforms. The report analyses the impact of these measures on different industries and focus on companies which are overly punished, post broader market correction and are trading attractive at current valuations through bottom up approach. 

the full press release in English & Arabic can be downloaded here.