Equity Analysis /

FM & SMALL EM CEMENT: Egypt and Pakistan warrant another look

    Vahaj Ahmed
    Vahaj Ahmed

    Head of Industrials Equity Research

    Tellimer Research
    26 July 2018
    Published byTellimer Research
    We consolidate our view on our cement coverage, which comprises 20 stocks in Bangladesh, Egypt, Kenya, Nigeria, Pakistan and Tanzania (cumulative market cap of US$17bn, and ADV of US$10mn).