Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Intellego Technologies

Market Cap: SEK 1.6b

Manufactures and sells ultraviolet indicators in Sweden, the United Kingdom, the United States, Europe, China, and internationally.

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك191.3m

Engages in insurance and reinsurance operations in Kuwait.

Sokouk Holding Company K.S.C.P

Market Cap: د.ك40.5m

Engages in managing real estate projects in Kuwait.

Kuwait Company for Process Plant Construction and Contracting K.S.C.P

Market Cap: د.ك46.0m

The Kuwait Company for Process Plant Construction and Contracting K.S.C.P.

Ruentex Interior Design

Market Cap: NT$3.4b

Engages in interior design and decoration, landscape design engineering, and construction businesses in Taiwan.

CTCI Advanced Systems

Market Cap: NT$4.9b

CTCI Advanced Systems Inc., together with its subsidiaries, engineering, research, planning, design, purchase, integration, manufacture, installation, adjustment, maintenance, and operation of different software and hardware in Taiwan and internationally.

Baazeem Trading

Market Cap: ر.س617.6m

Operates as a FMCG distribution company.

Padma Oil

Market Cap: ৳16.9b

Engages in the procurement, storage, and marketing of petroleum products, lubricants, greases, bitumen, and LPG in Bangladesh.

Al-Deera Holding Company K.P.S.C

Market Cap: د.ك47.9m

A private equity firm specializing in direct and fund investments.

Kuwait Projects Company Holding K.S.C.P

Market Cap: د.ك357.4m

Through its subsidiaries, operates in the financial services, food, petrochemicals and oil services, media, real estate, and education sectors in Kuwait, rest of the GCC, rest of the Middle East, rest of Asia, rest of North Africa, Europe, and North America.

Mobile Telecommunications

Market Cap: R6.9b

Operates as a mobile telecommunications company in Namibia.

ASIX Electronics

Market Cap: NT$6.0b

An IC design company, engages in the research, development, manufacture, and sale of chips in Taiwan, China, and internationally.

Jamuna Bank

Market Cap: ৳22.0b

Provides various banking products and services in Bangladesh.

Cairo Amman Bank

Market Cap: د.أ292.0m

Provides various banking and financial services for corporate and institutional customers in Jordan and internationally.

Najran Cement

Market Cap: ر.س1.1b

Engages in the manufacture and sale of cement products in the Kingdom of Saudi Arabia.

Nofoth Food Products

Market Cap: ر.س847.9m

Produces and sells bakery products in Saudi Arabia.

JiaXing Gas Group

Market Cap: HK$1.2b

Engages in the sale of piped natural gas (PNG) in Mainland China.

ABICO Asia Capital

Market Cap: NT$6.1b

Engages in the investment activities.

MOBI Industry

Market Cap: ر.س547.0m

Manufactures and sells fertilizers and nitrogen compounds in the Kingdom of Saudi Arabia.

Alf Meem Yaa for Medical Supplies and Equipment

Market Cap: ر.س761.6m

Engages in the wholesale and retail trade of medical supplies for the aesthetic market in the Kingdom of Saudi Arabia.

Yibin City Commercial Bank

Market Cap: HK$12.0b

Provides banking and financial products and services to small and micro enterprises in the People’s Republic of China.

Qassim Cement

Market Cap: ر.س4.7b

Engages in the manufacture and selling of cement in the Kingdom of Saudi Arabia.

Arab Banking Corporation (B.S.C.)

Market Cap: US$990.2m

Provides wholesale banking services worldwide.

Bahrain National Holding Company B.S.C

Market Cap: ب.د62.3m

Provides insurance and investment products in the Kingdom of Bahrain, other GCC countries, and internationally.

Envirotainer

Market Cap: €401.0m

Develops, produces, and markets vacuum insulation panels and phase change materials in Germany, rest of European Union, and internationally.

Colorado

Market Cap: د.م1.3b

Manufactures and distributes various paints in Morocco and internationally.

Blume Metal Kimya Anonim Sirketi

Market Cap: ₺7.7b

Operates in the tourism, construction, and energy sectors in Turkey.

Terminal X Online

Market Cap: ₪970.4m

Offers clothing, footwear, fashion accessories, cosmetics, and beauty products for men, women, and teenager under various brands through online.

Canal Shipping Agencies

Market Cap: ج.م10.0b

Provides various shipping services to the international commercial fleet in Egypt.

Vivo Energy Mauritius

Market Cap: MU₨13.0b

Vivo Energy Mauritius Limited markets, supplies, and distributes fuels and lubricants to retail and commercial customers in Mauritius.

Grenobloise d'Electronique et d'Automatismes Société Anonyme

Market Cap: €94.5m

Provides electronic toll collection systems in France, rest of the European Union, rest of Europe, Asia, the Americas, and Africa.

Sun

Market Cap: MU₨7.5b

Operates in the tourism sector.

BAUER

Market Cap: €264.7m

Provides services, equipment, and products related to ground and groundwater in Germany, Europe, the Middle East, the Asia Pacific, the Americas., and Africa.

Alantra Partners

Market Cap: €343.2m

Engages in the investment banking and asset management services in Spain and internationally.

ANSA Merchant Bank

Market Cap: TT$2.1b

Provides a range of banking and financial services in Trinidad and Tobago, and Barbados.