Closing Bell Feb 16 2017

THE CLOSING BELL BULLETIN

JAZIRA SECURITIES BROKERAGE

Thursday, February 16, 2017

Indices EGX30

Close 12,652

EGX70

512

▲1.0%

▲35.1%

EGX100

1220

▲0.9%

▲54.3%

EGP mn

% of Market

Trading Activity Total Market

1 Day Change YTD Change ▲1.6% ▲2.5%

1,712

Top Gainers

Closing Price

% Change

Dev. & Engineering Consultants

9.48

▲12.3

Rowad Tourism (Al Rowad)

4.21

▲9.9

Egypt Aluminum

16.01

▲9.8

Cleopatra Hospital Company

15.63

▲8.8

24

▲7.9

Mohandes Insurance

GDRs (as of 15:00 CLT)

US$

% Change

COMIq.L

4.38

-

ETELq.L

2.50

-

HRHOq.L

2.57

▲0.4

OTMTq.L

0.10

-

Exchange Rates

Bid

Ask

EGX30

788

46

EGX70

241

14

OTC

0

0

Alexandria National Company

6.86

▼9.4

EGP/ 1S$

16.0851

16.2135

Bonds

687

40

Glaxo Smith Kline

9.91

▼5.2

EGP/ 1€

17.1001

17.2431

# of Stocks

EGP mn

% of Market

Kafr El Zayat Pesticides

28.5

▼2.5

EGP/ 1£

20.0936

20.2555

Advancers

▲176

1,013

51

Decliners

▼122

916

46

Juhayna Food Industries

8.03

▼2.0

EGP/ 1SAR

4.2874

4.3245

29

73

4

Egyptian for Developing Building

7.69

▼1.7

EGP/ 1AED

4.3788

4.4147

Buyers

Sellers

% of Market

EGP mn

% Change

Regional Indices

Close

% Change

Retail (EGP mn)

548

610

57

Global Telecom

101

▲1.1

Tadawul (KSA)

7,131

▲0.8

Institutions (EGP mn)

470

408

43

CIB

93

▲1.82

Dubai General

3,651

▲0.2

Abu Dhabi Gen.

4,643

▲1.0

Kuwait General

6,824

▲0.1

Bahrain All share

1,324

▲0.2

Muscat 30

5,843

▲0.2

Market Breadth

Unchanged Market Participants

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

Buyers

Sellers

Net Flow

638

665

-27

104 276

46 307

58 -31

EGX30 Intraday Chart

12,550

Top Losers

Closing Price

Top Traded by Value

% Change

EFG-Hermes

65

▲1.6

SWDY

61

▲0.1

Cairo Poultry

59

▲4.2

Insider Trading Stock (Latest available)

Type Volume

Board Member

Buy

Market Headlines

12,500 12,450 12,400

Lecico Egypt

6,021

12,350 12,300 12,250

Bank Manag.

CIB

Buy

2,000

Board Member

M & W Delta Flour Mills

Buy

1,450

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 14:2 0

The board of directors of the Housing and Development Bank has given its preliminary approval to commence a study on splitting the bank’s shares into two companies: a real estate investment firm and another for banking operations

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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 12,652

Close Price

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

76.7 40.0 37.8 7.51 9.3 0.64 23.06 9.22 1.08 0.61 1.02 3.16 8.85

77.2 40.0 37.9 7.56 0.00 0.64 23.28 9.28 1.08 0.61 1.00 3.12 8.88

UAGS

0.76

0.77

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

466.6 17.10 81.5 13.2 19.0 103.9 4.82 20.6 27.0 3.60 2.47 0.77 0.77 91.0 7.92 0.68 1.60 9.52

17.16 82.1 13.3 18.5 102.8 4.85 20.1 25.5 3.6 2.38 0.77 0.77 91.7 7.9 0.68 1.61 9.57

DoD % Change ▲1.6 ▲2.7 ▲2.0 ▲1.2 ▲2.5 ▼0.5 ▲0.5 ▼5.5 ▲0.5 ▲0.4 ▲2.9 ▲2.0 ▲3.6 ▲0.7 ▲13.6 ▲2.5 ▼0.6 ▼1.3 ▲2.6 ▲4.7 ▲0.4 ▲3.1 ▲6.9 ▲2.9 ▲9.3 ▲1.3 ▲1.3 ▼0.4 ▼1.6 ▲1.5 ▲0.6 ▲1.3

YTD % Change ▲2.5 ▲2.6 ▲3.6 ▲5.0 ▲7.4 ▲4.2 ▲7.0 ▼6.5 ▲10.3 ▼9.7 ▼19.8 ▲4.9 ▼10.3 ▼3.8 ▼3.7 ▼21 ▼13.6 ▼0.1 ▲15.8 ▼0.3 ▼3.7 ▲9.9 ▼16.3 ▼11.5 ▲25.5 ▼7.3 ▲4.8 ▲43.0 ▼8.2 ▼6.8 ▼11.5 ▼10.5 ▼14.5 ▼4.8 ▼6.8 ▼9.6 ▲39.6

Volume k 135,443 213,189 86,393 1,201 38,084 1,319 809 1 302 2,812 1,827 38,084 12 1,941 22 100 17,153 1,729 8,210 0 1,111 746 20 50 1 485 21 4 9 151 3,929 615 14 4 55 78 918

Value Yr. Yr. Market Cap % Free EGP mn High Low (EGP mn) Float 715 13,544 12,291 350,044 43 842 444,094 41 276 162,706 50 92.7 82.3 28.9 88,502 66 0.0 43.5 25.2 29,681 3 50.0 42.5 18.1 11,753 34 6.1 9.6 3.1 1,502 38 0.0 11.3 7.0 1,190 26 1.7 0.7 0.4 5,757 45 65.5 29.2 6.4 14,179 68 17.0 12.9 4.9 6,642 31 41.2 1.7 0.6 1,532 94 0.1 0.7 0.3 1,520 41 1.9 1.2 0.8 449 98 0.5 4.1 2.5 127 43 0.9 21.9 2.9 1,496 39 189 118,527 49 1.3 1.10 0.60 152 49 99 61,022 35 0.0 500 188 6,235 33 19.1 22.8 6.1 9,290 32 61.2 93 28 18,206 32 0.3 25.5 8.7 2,402 47 0.9 27 17 1,425 55 0.1 111.0 70.0 3,106 50 2.4 6 3 2,324 50 0.4 25.7 19.0 1,445 57 0.1 30 17 647 33 0.0 4.5 2.0 288 55 0.4 4 2 309 33 3.0 1.0 0.6 436 67 0.5 1 1 401 69 1.3 115.5 48.2 10,716 10 0.0 10.5 6.0 41 76 0.0 1.0 0.5 81 64 0.1 2.2 1.2 64 74 8.8 10.6 4.3 3,606 22

Weight in EGX 100.0% 123% 50.8% 39.4% 2.7% 6.4% 1.4% 1.0% 2.0% 2.0% 3.9% 0.7% 0.5%

Weight in Focus 81.0% 100.0% 46.0% 32.8% 0.5% 2.2% 0.3% 0.2% 1.4% 5.3% 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% 0.9% 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) 30.1 23.8 16.6 21.1 10.3 12.5 7.1 5.3 13.3 32.3 8.3 n/a 143.6 n/a 10.5 345.1 n/a n/a 132.5 n/a n/a 13.6 n/a 18.3 13.6 32.7 n/a 15.8 n/a 8.0 6.3 16.4 n/a 14.3 n/a 36.9 13.2

PER (x) 2016 (e) 15.6 14.4 14.2 16.6 7.9 9.7 4.7 4.0 11.1 30.8 7.5 n/a 287.3 n/a 9.3 575.2 n/a n/a 28.3 n/a n/a 6.5 n/a 19.3 12.9 31.1 35.4 8.9 3.7 5.5 9.1 15.6 n/a 35.7 n/a 36.2 12.0

2017 (e) 13.4 11.8 10.7 13.3 6.1 7.2 3.9 3.2 10.1 28.0 7.2 n/a 273.6 78.7 8.8 547.8 n/a n/a 21.4 n/a n/a 6.1 n/a 18.3 11.7 27.1 33.7 8.1 3.5 4.6 8.9 14.9 n/a 34.0 1.0 35.5 11.4

DY (% ) 2015 (a) 2016 (e) 2017 (e) 1.0 1.2 1.7 2.1 2.1 2.7 2.0 1.5 2.3 1.8 1.0 1.7 5.2 6.8 10.0 8.6 5.6 7.9 3.9 3.1 3.5 0.2 0.1 2.4 2.3 1.9 0.0 17.8 13.4 0.6 2.8 1.4 2.5 8.6 7.5 20.1 2.2 2.0 3.5 2.5 2.0 4.4 5.0 5.5 4.8 4.1 3.3 3.7 7.4 9.5 27.8 6.4 6.7 2.0 9.1 13.0 1.6 2.2 6.5 11.2 7.8 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 4.33

AUTO

3.08

3.11

ABUK EFIC JUFO SUGR NCMP EFID EAST DOMT

114.0 12.80 7.88 13.0 14.39 17.2 208.0 9.2

115.3 12.91 8.03 13.0 17.6 206.9 9.2

UEFM WCDF EDFM MILS CEFM SCFM AFMC

93.0 74.7 74.0 18.9 25.8 18.00 19.2

93.0 0.0 73.1 18.9 25.9 18.0 19.2

SKPC AMOC MOIL EGAS ZEOT COSG

18.6 94.0 0.28 54.0 0.9 21.3

18.8 94.9 0.29 53.6 0.8 21.2

PHAR BIOC

103.8 9.9

101.9 9.9

DoD % Change ▲0.2 ▼0.6 ▼0.6 ▼0.9 ▼0.5 ▲3.9 ▼3.8 ▲0.8 ▼1.7 ▼0.0 ▲3.1 ▲1.1 ▲3.3 ▲2.1 ▲0.7 ▼1.0 ▲0.1 ▼0.6 ▲1.4 ▲1.4 ▲0.1 ▼3.4 ▲5.4 ▲7.5 ▲0.9 ▲2.7 ▲3.7 ▼5.3

YTD % Change ▼0.3 ▼4.9 ▼4.9 ▼2.3 ▲9.4 ▲39.4 ▲27.3 ▲0.6 ▲8.7 ▲18.6 ▼25.2 ▲40.9 ▲27.8 ▲23.9 ▲19.0 ▲27.5 ▲27.0 ▲56.9 ▲29.8 ▲21.7 ▲16.1 ▲8.5 ▲27.1 ▲7.7 ▲4.9 ▲3.6 ▼20.5 ▲15.1 ▲18.6 ▲5.2

Volume k 949 178 178 2,336 38 921 1,337 1 0 36 3 283 73 9 0 0 2 58 3 1 4,475 1,457 224 2,787 6 2,074 822 596 2 1

Value EGP mn 61.2 1 0.6 28 4.4 11.9 10.7 0.0 0.0 0.6 0.6 1.3 2 0.9 0.0 0.0 0.0 1.5 0.0 0.0 56 27.4 21.3 7.0 0.3 1.8 17.4 2 0.2 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 75.0 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% 3,370 54 1.2% 3,370 54 1.2% 36,810 39 5.9% 9,590 30 887 55 7,418 49 2.4% 1,849 38 425 57 6,242 9 10,400 39 2.7% 2,592 43 18.5% 2,499 0 651 48 560 38 444 45 203 43 379 33 108 29 154 17 19,513 43 3.3% 9,765 49 3.2% 8,093 39 1,007 34 648 20 135 68 851 30 0.2% 10,078 0 8,231 56 827 8 -

Weight in Focus 0.1% 1.0% 1.0% 6.7% 1.6% 0.3% 2.0% 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% 2.6% 1.8% 0.2% 0.1% 0.1% 0.1% 2.8% 2.6% 0.0%


2015 (a) n/a 17.6 17.6 9.6 10.6 14.9 7.8 68.5 8.9 311.1 9.2 20.1 12.5 9.7 10.7 39.4 10.5 18.4 31.9 5.8 23.0 13.0 26.7 n/a 217.2 233.9 n/a 19.2 23.0 12.0

PER (x) 2016 (e) n/a 16.8 16.8 8.7 9.4 18.6 7.8 40.3 6.3 253.9 7.9 26.3 8.1 8.0 6.4 7.0 22.8 6.4 n/a 6.4 15.0 13.7 20.8 4.7 206.8 n/a 0.0 17.3 20.0 10.0

DY (% ) 2017 (e) 2015 (a) 2016 (e) 2017 (e) n/a 16.0 16.0 8.4 4.9 5.9 6.6 9.0 7.4 8.7 10.6 18.2 4.8 2.0 2.3 7.8 1.9 2.9 2.1 38.4 5.8 10.5 14.8 16.2 220.8 7.5 4.8 5.8 6.3 15.0 6.5 6.9 7.4 10.7 7.3 7.3 8.1 9.2 5.1 7.4 10.7 16.7 6.0 7.1 9.1 10.8 21.7 8.4 5.3 4.6 6.1 4.7 1.7 5.3 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 5.6 23.1 5.3 4.0 4.6 4.4 197.0 3.7 1.8 2.1 n/a 0.0 15.9 3.7 4.5 4.9 18.2 3.4 4.1 4.5 9.1 7.3 9.5 10.4

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

8.2 18.9 27.4 2.9 0.29 12.6 1.12 7.5 13.8 2.4 2.7 0.3

8.1 19.0 27.6 2.9 0.29 12.6 1.12 7.5 13.4 2.4 2.7 0.3

ETEL GTHE EMOB OTMT MPRC RAYA

12.0 7.6 89.9 0.68 3.0 6.8

11.9 1.24 89.0 0.69 3.0 6.8

ORWE ACGC

17.3 4.9

17.5 4.8

DoD % Change ▲2.4 ▲4.7 ▲2.7 ▲2.0 ▲1.1 ▲1.3 ▲1.8 ▲1.4 ▲1.8 ▲0.9 ▲1.1 ▲4.0 ▲3.5 ▲5.7 ▲0.3 ▼1.0 ▲1.9 ▼28.5 ▲1.1 ▲7.4

YTD % Change ▼5.7 ▼10.6 ▼8.6 ▲10.6 ▼7.7 ▼6.5 ▼16.5 ▲3.7 ▼7.1 ▲16.7 ▲27.7 ▼8.6 ▼13.8 ▲0.8 ▲1.9 ▲5.7 ▼11.7 ▼19.0 ▼10.2 ▲27.6 ▼24.1 ▲11.7 ▲3.1

Volume k 51,193 5,931 1,174 731 11,419 15,317 1,467 7,940 9 3 254 6,948 5,136 47,831 2,138 13,785 0 31,750 148 10 11,904 150 10,864

Value EGP mn 174 47.9 22.3 20.2 32.6 4.4 18.5 8.9 0.1 0.0 0.6 18.6 1.3 149 25.5 100.6 0.0 21.9 0.4 0.1 56 2.6 52.2

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 66,502 43 16,839 50 9,450 59 12,207 28 6,604 55 1,322 44 4,263 74 1,176 77 816 67 1,241 66 582 27 12,003 11 1,140 53 74,113 22 20,434 20 39,867 25 8,990 4 3,567 41 569 39 686 55 7,480 63 4,590 57 1,306 96

Weight in EGX 18.5% 5.6% 3.7% 2.2% 2.5% 0.4% 2.1% 0.6% 0.9% 0.4% 10.4% 2.7% 6.7% 1.0% 2.6% 1.8% 0.8%

Weight in Focus 15.9% 4.7% 3.1% 1.9% 2.0% 0.3% 1.8% 0.5% 0.3% 0.5% 0.1% 0.7% 0.3% 9.2% 2.2% 5.6% 0.2% 0.8% 0.1% 0.2% 2.6% 1.5% 0.7%

2015 (a) 30.0 24.8 54.1 77.4 17.7 7.6 29.9 n/a 28.5 15.6 8.1 31.7 30.8 n/a 7.9 n/a n/a n/a 75.4 7.2 22.9 23.4 39.4

PER (x) 2016 (e) 17.2 23.1 46.5 83.8 6.2 8.6 13.7 3.7 27.0 15.5 10.4 15.5 13.1 10.9 6.9 n/a 173.0 1.0 71.8 6.0 23.9 23.2 37.5

DY (% ) 2017 (e) 2015 (a) 2016 (e) 2017 (e) 19.0 1.3 1.2 1.4 20.1 1.8 1.8 1.8 35.7 42.8 1.2 2.5 2.8 15.5 5.2 0.7 1.1 6.0 3.7 9.2 15.0 13.2 18.5 16.4 20.6 13.0 12.9 11.9 2.2 10.1 0.6 1.6 2.0 6.3 1.7 5.0 6.7 151.4 144.2 1.0 68.4 5.5 9.8 18.7 16.7 6.5 3.0 3.0 9.6 7.2 2.9 2.9 9.3 35.7 -


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