Closing Bell Feb 15 2017

THE CLOSING BELL BULLETIN

JAZIRA SECURITIES BROKERAGE

Wednesday, February 15, 2017

Indices EGX30

Close 12,448

EGX70

507

▼0.6%

▲33.8%

EGX100

1210

▼0.6%

▲52.9%

EGP mn

% of Market

Trading Activity Total Market

1 Day Change YTD Change ▼0.4% ▲0.8%

12,423

Top Gainers

Closing Price

% Change

National company for maize prod.

14.27

▲5.7

Kafr El Zayat Pesticides

29.22

▲5.1

Egyptian Satellites

7.76

▲4.7

Asek Company for Mining

8.35

▲4.2

Extracted Oils

0.8

▲3.9

GDRs (as of 15:00 CLT)

US$

% Change

COMIq.L

4.36

▲0.6

ETELq.L

2.50

-

HRHOq.L

2.55

▲2.0

OTMTq.L

0.10

-

Exchange Rates

Bid

Ask

EGX30

788

6

EGX70

169

1

OTC

0

0

Golden Pyramids Plaza

1.17

▼10.0

EGP/ 1S$

16.3835

16.5114

Bonds

11,522

93

El Obour Real Estate Investment

3.21

▼9.6

EGP/ 1€

17.2944

17.4360

# of Stocks

EGP mn

% of Market

Delta Insurance

8.84

▼7.4

EGP/ 1£

20.3532

20.5187

Advancers

▲179

861

51

Decliners

▼48

327

19

Rowad Tourism

3.83

▼6.4

EGP/ 1SAR

4.3670

4.4041

Unchanged

100

498

30

Mohandes Insurance

22.24

▼6.0

EGP/ 1AED

4.4598

4.4958

Buyers

Sellers

% of Market

Top Traded by Value

EGP mn

% Change

Regional Indices

Close

% Change

Retail (EGP mn)

479

558

58

EFG-Hermes

107

▲0.5

Tadawul (KSA)

7,074

▲0.6

Institutions (EGP mn)

421

342

42

CIB

79

▼0.8

Dubai General

3,645

▼0.2

Abu Dhabi Gen.

4,597

▲0.5

Kuwait General

6,815

▲0.9

Bahrain All share

1,322

▲1.0

Muscat 30

5,831

▲0.2

Market Breadth

Market Participants

Investor Type Egyptians (EGP mn) Arab (EGP mn) Foreigners (EGP mn)

Buyers

Sellers

Net Flow

647

649

-3

50 203

39 211

11 -8

Closing Price

% Change

Global Telecom

58

▼2.8

Palm Hills

58

▼1.7

Ezz Steel

38

▲0.3

Insider Trading Stock (Latest available)

Type Volume

Board Member

El Shams Housing

Buy

205,123

12,400

Related Parties

Medinet Nasr Housing

Buy

40,000

12,350

Board Member

Raya Holding

Buy

30,000

12,300

Board Member

Lecico Egypt

Buy

3,939

12,250

Board Member

SODIC

Sell

1,332

Co. Manag.

Egy. Int. Pharmaceuticals

Sell

847

Related Parties

Alex. Mineral Oils

Buy

500

12,550

EGX30 Intraday Chart

Top Losers

12,500 12,450

Market Headlines

Al Shams Housing and Urbanization Company posted profits of EGP31.72 mn in 4Q FY16, a rise of 147%, versus EGP12.84 mn in 4Q FY15

12,200 12,150 10:00 10:20 10:40 11:00 11:20 11:40 12:00 12:20 12:40 13:00 13:20 13:40 14:00 14:20

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Daily Price Sheet Sectors / Companies Prices are in EGP unless stated otherwise

EGX30 Jazira Securities Focus Companies Banking & Finance Commercial International Bank* Qatar National Bank Alahly Credit Agricole Egypt Bank* Abu Dhabi Islamic Bank Al Baraka Bank Egyptian Kuwaiti Holding (USD) EFG-Hermes Holding* Pioneers Holding* Citadel Capital* Naeem Holding (USD) Arabia For Investment & Development Egyptians Abroad for Inv. and Dev. Belton Financial Holding Stevedoring United Arab Stevedoring Construction & Related Ezz Aldekhela Steel Ezz Steel Rebars* Sewedy Cables* Suez Cement Misr Beni Suef Cement Misr Cement (Qena) South Valley Cement Sinai Cement Paint & Chemicals Industries Lecico Egypt Aracemco Upper Egypt Contracting Egyptian Electrical Cables Orascom Construction limited* Real Estate for National Banks Development Modern Water Proofing-Bitumode Egyptians For Investments Arabian Cement*

Reuters Last Code Price .EGX30 12,448

Close Price

COMI QNBA CIEB ADIB SAUD EKHO HRHO PIOH CCAP NAHO AIND ABRD BTFH

76.0 42.0 38.0 7.46 11.8 0.64 23.37 9.32 1.07 0.61 0.99 3.10 8.81

75.8 39.0 38.0 7.47 11.33 0.64 22.95 9.18 1.05 0.61 1.00 3.05 8.79

UAGS

0.77

0.76

IRAX ESRS SWDY SUCE MBSC MCQE SVCE SCEM PACH LCSW CERA UEGC ELEC ORAS NRPD WATP EIUD ARCC

466.6 17.21 82.0 13.1 18.3 94.0 4.83 20.0 25.2 3.50 2.35 0.76 0.76 90.0 8.25 0.67 1.59 9.48

16.69 82.0 13.4 0.0 4.80 20.0 25.2 3.5 2.26 0.76 0.76 91.4 8.1 0.67 1.59 9.40

DoD % Change ▼0.4 ▲0.9 ▲1.9 ▼0.5 ▲5.0 ▲1.9 ▼0.4 ▲2.6 ▲2.4 ▲0.8 ▲0.9 ▼1.6 ▲1.0 ▲0.3 ▼1.9 ▲0.0 ▲1.3 ▲12.0 ▲3.4 ▼1.5 ▼5.7 ▼1.0 ▼5.3 ▲0.2 ▼0.0 ▼4.4 ▲1.4 ▲4.4 ▼1.3 ▼1.3 ▼3.9 ▲5.4 ▲1.5 ▼1.2 ▼1.3

YTD % Change ▲0.8 ▲1.7 ▲4.4 ▲4.0 ▲12.7 ▲4.7 ▲6.3 ▲18.5 ▲10.3 ▼8.5 ▼18.9 ▲3.9 ▼10.3 ▼6.6 ▼5.5 ▼21 ▼12.5 ▼0.1 ▲15.1 ▼0.3 ▼3.1 ▲10.6 ▼17.0 ▼14.7 ▲13.5 ▼7.1 ▲1.6 ▲33.8 ▼10.7 ▼11.3 ▼12.6 ▼11.6 ▼15.4 ▼0.8 ▼8.2 ▼10.2 ▲39.0

Volume k 153,951 208,204 69,682 1,042 28,922 4 758 16 455 4,651 2,901 28,922 46 1,965 5 87 16,605 1,488 8,084 0 2,298 129 35 0 0 317 50 1 7 239 2,299 1,528 63 7 61 153 898

Value Yr. Yr. Market Cap % Free EGP mn High Low (EGP mn) Float 645 13,544 12,291 345,221 43 735 440,316 41 254 163,989 50 79.0 82.3 28.9 87,694 66 0.6 43.5 25.2 31,165 3 0.2 42.5 18.1 11,815 34 5.7 9.6 3.1 1,492 38 0.0 13.0 8.0 1,509 26 2.6 0.7 0.4 5,757 45 106.8 29.2 6.4 14,370 68 26.6 12.9 4.9 6,714 31 30.5 1.7 0.6 1,518 94 0.2 0.7 0.3 1,520 41 2.0 1.2 0.8 436 98 0.1 4.1 2.5 125 43 0.8 21.9 2.9 1,489 39 132 117,661 49 1.1 1.10 0.60 154 49 70 60,580 35 0.0 500 188 6,235 33 38.4 22.8 6.1 9,350 32 10.5 93 28 18,320 32 0.5 25.5 8.7 2,382 47 0.0 27 17 1,375 55 0.0 111.0 70.0 2,809 50 1.5 6 3 2,329 50 1.0 25.7 19.0 1,400 57 0.0 30 17 605 33 0.0 4.5 2.0 280 55 0.5 4 2 294 33 1.8 1.0 0.6 430 67 1.2 1 1 396 69 5.7 115.5 48.2 10,599 10 0.1 10.5 6.0 43 76 0.0 1.0 0.5 80 64 0.2 2.2 1.2 64 74 8.4 10.6 4.3 3,590 22

Weight in EGX 100.0% 124% 51.1% 39.4% 2.7% 6.6% 1.4% 1.0% 2.1% 2.1% 4.0% 0.7% 0.5%

Weight in Focus 80.6% 100.0% 46.4% 32.9% 0.5% 2.3% 0.3% 0.2% 1.5% 5.5% 1.2% 0.8% 0.3% 0.2% 0.0% 0.3% 0.0% 0.0% 10.5% 1.1% 1.7% 3.3% 0.6% 0.4% 0.8% 0.7% 0.5% 0.1% 0.1% 0.1% 0.2% 0.2% 0.6% 0.0% 0.0% 0.0% 0.5%

Jazira Securities focus companies include EGX30 in addition to other companies included in the Daily price sheet which Jazira Securities Research believe are worth following on a daily basis DoD change in the daily price sheet are based on last price and historical close while performers percent change in page one are based on the closing VWAP and today’s session opening price Sectors DOD & YTD changes are value weighted Index, Jazira Focus and Sectors PER & DY are based on their respective market capitalizations, total earnings and dividends* EGX constituent NI: Not Included Weight in EGX & Jazira Securities focus companies are based on free float market capitalization

2015 (a) 29.6 23.6 16.8 20.9 10.9 12.6 7.0 6.7 13.3 32.8 8.4 n/a 143.6 n/a 10.3 343.5 n/a n/a 131.7 n/a n/a 13.6 n/a 17.6 12.3 32.8 n/a 14.7 n/a 7.6 6.3 16.2 n/a 14.9 n/a 36.7 13.1

PER (x) 2016 (e) 15.4 14.3 14.3 16.4 8.3 9.7 4.7 5.1 11.1 31.2 7.6 n/a 287.3 n/a 9.1 572.6 n/a n/a 28.1 n/a n/a 6.5 n/a 18.6 11.7 31.2 34.3 8.4 3.6 5.2 9.0 15.4 n/a 37.2 n/a 36.0 12.0

2017 (e) 13.2 11.7 10.8 13.1 6.4 7.2 3.9 4.1 10.1 28.4 7.2 n/a 273.6 76.4 8.7 545.3 n/a n/a 21.3 n/a n/a 6.2 n/a 17.7 10.6 27.1 32.7 7.6 3.4 4.4 8.8 14.7 n/a 35.4 0.9 35.3 11.4

DY (% ) 2015 (a) 2016 (e) 2017 (e) 1.0 1.2 1.8 2.2 2.2 2.7 2.0 1.5 2.3 1.8 1.0 1.7 5.2 6.8 9.9 6.8 4.4 6.2 3.9 3.1 3.5 0.2 0.1 2.5 2.3 1.9 0.0 17.8 13.4 0.6 2.7 1.4 2.4 8.5 7.5 20.2 2.3 2.0 3.6 2.5 2.1 4.9 5.6 6.1 5.0 4.2 3.4 4.0 7.9 10.1 28.6 6.5 6.9 2.1 9.6 13.7 1.6 2.2 6.6 11.4 7.9 5.6 4.8 5.4

Daily Price Sheet continued next page... 2




Daily Price Sheet (continued) Sectors / Companies Prices are in EGP unless stated otherwise

Egyptian Iron and Steel* Durable Goods Ghabour Auto* Food & Related Abu Kier Fertilizers Egyptian Financial & Industrial Juhayna Food Industries* Delta Sugar National Co. for Maize Products Edita food industries Eastern Company* Arabian Food Industries* Milling Upper Egypt Flour Mills Middle & West Delta Flour Mills East Delta Flour Mills North Cairo Mills Middle Egypt Flour Mills South Cairo Flour Mills Alexandria Flour Mills Oil Related Sidi Kerir Petrochemicals* Alexandria Minerals Oil Company Maridive & Oil Services (USD) Egypt Gas Extracted Oils Cairo Oils and Soap* Pharmaceutical Egyptian Int. Pharmaceuticals Ind. (EIPICO) Glaxo Smith Kline

Reuters Code IRON

Last Price 4.30

Close Price 4.29

AUTO

3.07

3.10

ABUK EFIC JUFO SUGR NCMP EFID EAST DOMT

116.8 12.90 8.08 13.0 14.44 17.5 208.0 9.1

114.6 12.32 8.19 0.0 14.3 17.5 0.0 8.9

UEFM WCDF EDFM MILS CEFM SCFM AFMC

90.0 75.0 70.3 18.9 26.0 18.00 19.3

90.0 74.7 18.8 26.0 18.0 -

SKPC AMOC MOIL EGAS ZEOT COSG

18.6 93.3 0.29 52.0 0.8 21.2

18.4 93.9 0.29 51.2 0.8 21.1

PHAR BIOC

100.0 10.5

100.0 0.0

DoD % Change ▼1.1 ▲0.7 ▲0.7 ▼0.9 ▼2.0 ▲7.3 ▼2.8 ▲7.0 ▲2.4 ▲4.0 ▼0.9 ▼4.0 ▲3.7 ▼3.1 ▼0.6 ▼0.3 ▼0.8 ▲0.1 ▲0.7 ▼2.2 ▲1.3 ▲3.9 ▲0.6 ▼0.1 ▼0.4 -

YTD % Change ▼0.3 ▼5.2 ▼5.2 ▼1.0 ▲12.1 ▲40.5 ▲30.5 ▲0.6 ▲9.1 ▲20.6 ▼25.1 ▲39.6 ▲25.9 ▲19.9 ▲19.6 ▲21.1 ▲26.5 ▲58.3 ▲29.8 ▲22.4 ▲15.7 ▲8.3 ▲26.1 ▲11.5 ▲1.0 ▼3.6 ▼20.8 ▲12.3 ▲14.3 ▲11.1

Volume k 1,036 571 571 3,532 49 1,564 1,874 0 2 43 0 1,113 41 1 2 0 7 29 2 0 2,567 1,772 174 620 1 1,197 1,072 724 17 0

Value EGP mn 10.5 2 1.8 41 5.7 19.3 15.3 0.0 0.0 0.8 0.0 5.7 1 0.1 0.1 0.0 0.1 0.8 0.0 0.0 50 32.5 16.3 1.6 0.1 1.0 22.6 3 1.7 0.0

Yr. High 5.2

Yr. Low 2.9

3.6

1.8

143 12.9 9 14.8 17 20.0 220.0 10.9

95 5.6 4 8.0 11 7.5 71.3 4.2

102 73.0 73 21.0 29 19.8 20

56 37.0 35 11.3 10 8.6 13

22.2 121.1 0.3 66.0 1.0 28.4

10.0 21.3 0.2 26.1 0.6 14.2

103.0 11.6

55.8 7.8

Market Cap % Free Weight (EGP mn) Float in EGX 2,100 9 0.1% 3,359 54 1.2% 3,359 54 1.2% 37,348 39 6.0% 9,826 30 894 55 7,607 49 2.5% 1,849 38 426 57 6,347 9 10,400 39 2.8% 2,569 43 18.3% 2,461 0 630 48 563 38 422 45 202 43 383 33 108 29 155 17 19,449 43 3.4% 9,749 49 3.2% 8,033 39 1,043 34 624 20 126 68 848 30 0.2% 9,828 0 7,937 56 873 8 -

Weight in Focus 0.1% 1.0% 1.0% 6.9% 1.7% 0.3% 2.1% 0.4% 0.1% 0.3% 2.3% 0.0% 0.6% 0.2% 0.1% 0.1% 0.0% 0.1% 0.0% 0.0% 4.7% 2.7% 1.8% 0.2% 0.1% 0.0% 0.1% 2.7% 2.5% 0.0%


2015 (a) n/a 17.5 17.5 9.7 10.9 15.0 8.0 68.5 9.0 314.6 9.2 20.0 12.3 9.4 10.8 37.4 10.4 18.6 31.9 5.8 23.0 13.0 26.5 n/a 209.1 217.6 n/a 18.7 22.2 12.6

PER (x) 2016 (e) n/a 16.7 16.7 8.9 9.6 18.7 8.0 40.3 6.3 256.7 7.9 26.0 8.0 7.8 6.4 6.6 22.7 6.5 n/a 6.4 15.0 13.6 20.7 4.8 199.2 n/a 0.0 16.9 19.3 10.5

DY (% ) 2017 (e) 2015 (a) 2016 (e) 2017 (e) n/a 15.9 15.9 8.6 4.8 5.8 6.5 9.2 7.2 8.5 10.4 18.4 4.8 1.9 2.3 8.0 1.9 2.8 2.1 38.4 5.8 10.5 14.8 16.2 223.2 7.5 4.8 5.8 6.3 14.8 6.4 7.1 7.5 10.8 7.1 7.5 8.3 9.5 5.1 7.3 10.7 16.6 5.7 7.5 9.6 11.3 21.6 8.5 5.3 4.6 6.2 4.6 1.7 5.2 6.0 5.6 22.3 6.1 8.8 8.8 7.7 14.5 5.7 4.9 4.8 12.4 6.7 6.5 5.7 23.0 5.4 4.0 4.6 4.6 189.7 3.8 1.8 2.2 n/a 0.0 15.5 3.8 4.6 5.0 17.5 3.5 4.3 4.6 9.6 6.9 9.0 9.8

Daily Price Sheet continued next page... 3




Daily Price Sheet (continued)

Sectors / Companies Prices are in EGP unless stated otherwise

Real Estate & Related T M G Holding* Nasr City Housing Heliopolis Housing* Palm Hills Development Company* Amer Group* SODIC* Egyptian Resorts Company* United Housing & Development Cairo Housing Remco for Touristic Villages Construction Emaar Misr * Porto Group Holding* Telecom, Media & IT Telecom Egypt* Global Telecom Holding* Orange Egypt Orascom Technology, Media and Telecom* Egyptian Media Production City Raya Holding Textile & Related Oriental Weavers* Arab Cotton Ginning*

Reuters Last Code Price

Close Price

TMGH MNHD HELI PHDC AMER OCDI EGTS UNIT ELKA RTVC EMFD PORT

7.9 18.4 27.1 2.8 0.29 12.5 1.10 7.1 13.9 2.3 2.6 0.3

7.8 18.4 26.9 2.8 0.29 12.4 1.10 7.4 13.5 2.3 2.6 0.3

ETEL GTHE EMOB OTMT MPRC RAYA

11.6 7.1 89.0 0.69 3.0 7.0

11.6 1.19 89.6 0.68 3.0 6.7

ORWE ACGC

17.3 4.6

17.1 4.6

DoD % Change ▲0.9 ▲3.4 ▲0.2 ▼0.1 ▼1.7 ▲3.6 ▲0.3 ▼0.9 ▼5.2 ▲5.7 ▼2.9 ▲0.8 ▼3.0 ▼2.4 ▼4.1 ▼1.2 ▼1.6 ▼28.3 ▲4.4 ▲0.4

YTD % Change ▼7.7 ▼13.5 ▼11.2 ▲9.2 ▼8.7 ▼6.5 ▼17.3 ▲1.9 ▼12.6 ▲17.3 ▲26.6 ▼10.3 ▼13.8 ▼3.7 ▼1.3 ▼1.3 ▼12.6 ▼17.9 ▼10.5 ▲30.8 ▼25.7 ▲11.4 ▼3.3

Volume k 66,581 2,460 641 750 20,490 27,508 1,526 7,551 4 3 490 5,158 9,006 50,816 2,320 8,132 0 40,299 55 10 5,607 1,313 3,931

Value EGP mn 159 19.2 11.8 20.2 58.0 8.0 19.0 8.3 0.0 0.0 1.1 13.5 2.3 113 26.8 58.5 0.0 27.5 0.2 0.1 41 22.5 18.1

Yr. High

Yr. Low

10.0 22.7 31.3 3.6 0.5 16.7 1.3 9.4 13.9 3.1 3.3 0.4

4.4 11.2 9.3 1.7 0.2 6.6 0.6 5.8 9.4 1.2 1.9 0.2

14.2 7.9 143.0 1.0 3.8 7.4

5.5 1.5 81.8 0.5 2.1 3.4

20.0 5.3

4.9 2.3

Market Cap % Free (EGP mn) Float 65,141 43 16,302 50 9,180 59 12,060 28 6,534 55 1,322 44 4,219 74 1,155 77 767 67 1,247 66 577 27 11,776 11 1,140 53 70,838 22 19,802 20 37,244 25 8,902 4 3,620 41 567 39 703 55 7,323 62 4,590 57 1,223 96

Weight in EGX 18.3% 5.5% 3.6% 2.2% 2.5% 0.4% 2.1% 0.6% 0.9% 0.4% 10.0% 2.6% 6.3% 1.0% 2.6% 1.8% 0.8%

Weight in Focus 15.7% 4.6% 3.0% 1.9% 2.0% 0.3% 1.8% 0.5% 0.3% 0.5% 0.1% 0.7% 0.3% 8.9% 2.2% 5.3% 0.2% 0.8% 0.1% 0.2% 2.6% 1.5% 0.7%

2015 (a) 29.4 24.0 52.5 76.5 17.5 7.6 29.6 n/a 26.8 15.7 8.0 31.1 30.8 n/a 7.7 n/a n/a n/a 75.1 7.4 22.4 23.4 36.9

PER (x) 2016 (e) 16.8 22.3 45.1 82.8 6.1 8.6 13.6 3.6 25.4 15.5 10.3 15.2 13.1 10.4 6.7 n/a 171.3 1.1 71.5 6.2 23.4 23.2 35.1

DY (% ) 2017 (e) 2015 (a) 2016 (e) 2017 (e) 18.6 1.3 1.2 1.4 19.4 1.8 1.8 1.8 34.7 42.3 1.2 2.5 2.8 15.3 5.3 0.7 1.1 6.0 3.7 9.2 15.0 13.1 18.2 15.4 20.7 12.9 12.7 11.9 2.1 9.6 0.6 1.6 2.1 6.1 1.7 5.2 6.9 141.4 142.7 1.0 68.1 5.6 9.6 18.2 16.3 6.4 3.0 3.1 9.8 7.2 2.9 2.9 9.3 33.5 -


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