Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Billion Industrial Holdings

Market Cap: HK$10.1b

Engages in manufacturing and sales of polyester filament yarns, polyester, polyester industrial yarns, and ES fiber products in the People’s Republic of China and internationally.

Padma Oil

Market Cap: ৳18.7b

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

Taiyo KagakuLtd

Market Cap: JP¥38.5b

Manufactures and sells functional food ingredients for food, beverage, supplement, and cosmetic applications in Japan and internationally.

Jordanian Duty Free Shops

Market Cap: د.أ148.5m

Invests in, operates, and manages duty-free shops.

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

Market Cap: د.ك46.5m

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

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك186.0m

Engages in insurance and reinsurance operations in Kuwait.

Corporación Financiera Colombiana

Market Cap: Col$6.5t

Operates as a private financial institution in Columbia and Central America.

Etihad Atheeb Telecommunication

Market Cap: ر.س3.2b

Provides telecommunication products and services for individuals and businesses in the Kingdom of Saudi Arabia and internationally.

Jamuna Bank

Market Cap: ৳19.6b

Provides various banking products and services in Bangladesh.

Dong Fang Offshore

Market Cap: NT$30.5b

Provides offshore maritime solutions.

Kuwait Insurance CompanyK.P

Market Cap: د.ك110.9m

Provides various insurance products and services in Kuwait.

Hospital Corporation of China

Market Cap: HK$802.6m

An investment holding company, owns, operates, and manages hospitals in the People’s Republic of China.

Najran Cement

Market Cap: ر.س1.2b

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

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.4b

Provides business and digital technology solutions in the Kingdom of Saudi Arabia.

Cairo Amman Bank

Market Cap: د.أ312.0m

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

Nestlé Pakistan

Market Cap: PK₨362.7b

Manufactures, processes, and sells dairy, nutrition, beverages, and food products in Pakistan, Afghanistan, the United States, and internationally.

Viviana Power Tech

Market Cap: ₹9.4b

Engages in power transmission, distribution, and industrial engineering, procurement, and construction (EPC) space project businesses in India.

Sure Global Tech

Market Cap: ر.س433.6m

Provides technological and consultative solutions for public and private sectors in the Kingdom of Saudi Arabia.

Qassim Cement

Market Cap: ر.س4.6b

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

Baazeem Trading

Market Cap: ر.س653.1m

Operates as a FMCG distribution company.

Arab Banking Corporation (B.S.C.)

Market Cap: US$1.1b

Provides wholesale banking services worldwide.

Li Ming Development Construction

Market Cap: NT$4.1b

Li Ming Development Construction Co., Ltd.

TSTE

Market Cap: ฿3.9b

Primarily engages in the production and distribution of wheat flour in Thailand.

National General Insurance (P.J.S.C.)

Market Cap: د.إ986.4m

Engages in underwriting various classes of life and general insurance, and reinsurance businesses in the United Arab Emirates.

Standard Chartered Bank Kenya

Market Cap: KSh115.5b

Provides various banking products and services for individuals and businesses.

Bahrain National Holding Company B.S.C

Market Cap: ب.د60.5m

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

Citra Tubindo

Market Cap: Rp4.2t

Provides pipes and accessories, and related services to the oil and gas industries in Indonesia.

Sun

Market Cap: MU₨7.7b

Operates in the tourism sector.

Inversiones Doalca SOCIMI

Market Cap: €157.9m

Inversiones Doalca Socimi, S.A., a real estate investment company, leases and rents real estate properties in Spain.

Caisse Régionale de Crédit Agricole Mutuel Brie Picardie Société coopérative

Market Cap: €1.7b

Provides a range of banking and financial products and services to individuals, farmers, professionals, businesses, and public authorities in France.

C. Mer Industries

Market Cap: ₪363.2m

Provides solutions in the areas of homeland security (HLS), communication infrastructure, and defense technologies.

Telematic Interactive Bulgaria EAD

Market Cap: лв263.8m

Offers online betting and gambling services.

Central Cooperative Bank AD

Market Cap: лв209.8m

A commercial bank, provides various financial products and services.

Alantra Partners

Market Cap: €312.9m

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

Ibrahim Fibres

Market Cap: PK₨83.1b

Manufactures and sells polyester staple fiber (PSF) and yarn products in Pakistan, Singapore, and Switzerland.