SICO Launches Comprehensive Research App


SICO BSC (c), a leading regional asset manager, broker, and investment bank (licensed as a wholesale bank by the CBB), announces the launch of its comprehensive research app, which facilitates access to the bank’s extensive GCC research portfolio of stocks, providing clients with a seamless user experience. SICO’s sell-side research team has been actively researching GCC markets since 1995 and its recent app launch is a continuation of its commitment to enhance its service towards its brokerage clients.

The key features of the SICO Research App include access to wide-ranging research and analysis on over 100 GCC-listed companies; up-to-date market and stock-specific news; analyst recommendations; IPO notes and guidance; and details of SICO’s model Top-20 stock portfolio. A product of SICO’s sell-side Research division, Top-20’s portfolio encompasses a diversified range of stocks across GCC, which have been picked and managed by the Research team, backed by fundamental research and timely calls, and has a strong track record of beating the benchmark and can be replicated without any fees.

Nishit Lakhotia, SICO's Head of Research, emphasized the significance of this new offering, stating, “As one of the largest research houses in the region, the SICO Research App empowers our clients with timely market and stock specific analyses, recommendations, and expert insights at their fingertips, assisting their investment decisions. In today's fast-paced financial markets, staying well-informed is essential, and our app ensures that our clients have a powerful tool to navigate the complexities of the GCC markets with confidence and capitalize on the opportunities the market has to offer. Our Top-20 model stock portfolio has returned more than two times its benchmark since its launch in November 2017 and continues to outperform its GCC benchmark by more than 19.4% in FY23TD (end of September). We believe that the new app marks a milestone in our mission to enhance our user experience, reflecting our unwavering commitment to providing top-tier research and unparalleled support to our valued clients.”

SICO Research App is available for download on both Apple App Store and Google Play.

For the full release in English & Arabic, click here