Closing Bell Feb 26 2017

THE CLOSING BELL BULLETIN

JAZIRA SECURITIES BROKERAGE

Sunday, February 26, 2017

Indices EGX30

Close 12,270

EGX70

484

-

▲27.6%

EGX100

1162

▼0.1%

▲46.9%

EGP mn

% of Market

Trading Activity

1 Day Change YTD Change ▲0.2% ▼0.6%

Top Gainers

Closing Price

% Change

Rights Issue Of Egy. Iron & Steel

1.7

▲12.6

Mansourah Poultry

6.17

▲9.4

Sabaa International Company

3.8

▲8.9

General Company For Land Recl.

12.16

▲8.7

Misr Fretilizers Production

66.1

▲7.8

Total Market

623

EGX30

788

126

EGX70

145

23

OTC

0

0

Zahraa Maadi Inv. & Dev.

Bonds

5

1

# of Stocks

EGP mn

% of Market

Advancers

▲173

613

53

Decliners

▼54

287

25

87

265

23

Buyers

Sellers

% of Market

Retail (EGP mn)

488

486

Institutions (EGP mn)

125

128

Market Breadth

Unchanged Market Participants

Investor Type Egyptians (EGP mn)

Closing Price

% Change

US$

% Change

COMIq.L

4.36

▼2.5

ETELq.L

2.70

-

HRHOq.L

2.50

-

OTMTq.L

0.10

-

Exchange Rates

Bid

Ask

21.85

▼8.5

EGP/ 1S$

15.7484

15.8762

Marsa Marsa Alam For Tourism

1.3

▼7.8

EGP/ 1€

16.6287

16.7732

El Obour Real Estate Investment

2.89

▼7.7

EGP/ 1£

19.6304

19.7976

Misr Conditioning

51.68

▼5.1

EGP/ 1SAR

4.1991

4.2334

Egyptian Media Production City

2.79

▼5.1

EGP/ 1AED

4.2874

4.3224

Top Traded by Value

EGP mn

% Change

Regional Indices

Close

% Change

79

Arab Cotton Ginning

14

▼5.0

Tadawul (KSA)

7,050

▲0.1

21

AMOC

10

▼2.4

Dubai General

3,643

▲0.2

Madinet Nasr Housing

9

▲3.3

Abu Dhabi Gen.

4,657

▲0.1

Kuwait General

6,810

▲0.3

Sidi Kerir

7

▲2.3

Bahrain All share

1,350

▲0.1

Global Telecom

7

▼1.6

Muscat 30

5,834

▼0.3

Buyers

Sellers

Net Flow

531

507

24

Arab (EGP mn)

28

53

-25

Foreigners (EGP mn)

54

53

1

12,450

EGX30 Intraday Chart

Top Losers

GDRs (as of 15:00 CLT)

12,400

Insider Trading Stock (Latest available)

Type Volume

Board Member

Credit Agricole

Sell

1,999,783

Board Member

Alex. Spin. & Weav

Buy

184,000

Related Parties

Palm Hills

Sell

46,976

Board Member

Lecico Egypt

Buy

5,432

Bank Directors

CIB

Buy

1,000

Market Headlines

12,350 12,300 12,250 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

Misr Chemical Industries targets revenue of EGP393.6 mn and profit of EGP109.5 mn in FY18

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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 12,270

Close Price

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

73.1 39.5 34.9 7.20 9.1 0.65 22.75 9.48 1.07 0.60 1.00 3.05 8.08

73.6 0.0 0.0 7.30 9.18 0.65 22.58 9.49 1.07 0.61 1.00 3.08 8.08

UAGS

0.71

0.73

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

403.1 16.15 78.6 12.8 19.0 89.1 4.73 21.0 25.1 3.58 2.35 0.75 0.76 88.0 7.70 0.64 1.53 8.58

16.35 78.6 12.9 89.6 4.77 21.0 25.1 0.0 2.33 0.76 0.77 88.7 7.7 0.65 1.54 8.60

DoD % Change ▲0.2 ▲0.6 ▲0.8 ▼0.8 ▲2.3 ▼2.4 ▼1.9 ▲2.2 ▲1.7 ▲1.0 ▼2.9 ▼3.8 ▼0.0 ▼2.7 ▲13.7 ▼0.9 ▲0.7 ▼1.4 ▼1.2 ▼0.0 ▼1.3 ▲2.2 ▼2.6 ▼1.3 ▼2.6 ▼1.7 ▼1.7 ▼3.0 ▼1.3 ▼3.6

YTD % Change ▼0.6 ▼1.2 ▲0.2 ▲0.0 ▲5.9 ▼3.8 ▲2.6 ▼8.6 ▲12.1 ▼10.9 ▼17.5 ▲3.9 ▼11.8 ▼5.7 ▼7.0 ▼28 ▼19.3 ▼0.2 ▲10.3 ▼13.9 ▼9.1 ▲6.0 ▼18.9 ▼11.4 ▲7.5 ▼9.0 ▲6.7 ▲33.2 ▼8.7 ▼11.3 ▼13.8 ▼11.6 ▼17.3 ▼7.5 ▼12.3 ▼13.6 ▲25.8

Volume k 124,492 176,466 74,552 208 33,837 0 892 0 189 1,638 2,726 33,837 12 1,213 147 91 7,940 1,073 3,752 0 334 33 5 0 1 312 23 2 0 52 1,555 636 10 3 149 88 549

Value Yr. Yr. Market Cap % Free EGP mn High Low (EGP mn) Float 479 13,544 12,211 336,348 43 509 427,188 42 123 157,208 50 15.3 82.3 28.9 84,359 66 0.0 43.5 25.2 29,280 3 0.0 42.5 18.1 10,848 34 6.5 9.6 3.1 1,440 38 0.1 11.3 7.0 1,164 26 1.1 0.7 0.4 5,846 45 37.0 29.2 6.4 13,989 68 25.9 12.9 4.9 6,829 31 36.3 1.7 0.6 1,518 94 0.1 0.7 0.3 1,496 41 1.2 1.2 0.8 440 98 0.0 4.1 2.5 123 43 0.7 21.9 2.9 1,366 39 32 112,200 49 0.8 1.10 0.60 142 49 18 57,684 35 0.0 500 188 5,388 33 5.5 22.8 6.1 8,774 32 2.6 93 28 17,563 32 0.1 25.5 8.7 2,328 47 0.0 27 17 1,427 55 0.1 111.0 70.0 2,661 50 1.5 6 3 2,281 50 0.5 25.7 19.0 1,470 57 0.0 30 17 602 33 0.0 4.5 2.0 286 55 0.1 4 2 294 33 1.2 1.0 0.6 425 67 0.5 1 1 396 69 0.9 115.5 48.2 10,363 10 0.0 10.5 6.0 40 76 0.1 1.0 0.5 76 64 0.1 2.2 1.2 61 74 4.7 10.6 4.3 3,250 22

Weight in EGX 100.0% 124% 50.4% 38.8% 2.6% 6.6% 1.5% 1.0% 2.0% 2.0% 3.9% 0.7% 0.5%

Weight in Focus 80.9% 100.0% 45.7% 32.3% 0.5% 2.1% 0.3% 0.2% 1.5% 5.5% 1.2% 0.8% 0.4% 0.2% 0.0% 0.3% 0.0% 0.0% 10.2% 1.0% 1.6% 3.2% 0.6% 0.5% 0.8% 0.7% 0.5% 0.1% 0.1% 0.1% 0.2% 0.2% 0.6% 0.0% 0.0% 0.0% 0.4%

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) 28.9 22.9 16.1 20.1 10.2 11.5 6.8 5.1 13.5 31.9 8.5 n/a 141.3 n/a 10.1 315.1 n/a n/a 126.2 n/a n/a 13.1 n/a 18.3 11.6 32.1 n/a 14.7 n/a 7.6 6.2 16.2 n/a 13.9 n/a 35.3 11.9

PER (x) 2016 (e) 15.0 13.8 13.7 15.8 7.8 8.9 4.5 4.0 11.2 30.4 7.7 n/a 282.6 n/a 9.0 525.1 n/a n/a 27.0 n/a n/a 6.2 n/a 19.3 11.1 30.6 36.0 8.3 3.7 5.2 8.8 15.4 n/a 34.7 n/a 34.6 10.8

2017 (e) 12.9 11.3 10.3 12.6 6.1 6.6 3.8 3.2 10.2 27.6 7.4 n/a 269.1 77.2 8.5 500.1 n/a n/a 20.4 n/a n/a 5.9 n/a 18.4 10.1 26.6 34.3 7.6 3.5 4.4 8.7 14.7 n/a 33.1 0.9 33.9 10.3

DY (% ) 2015 (a) 2016 (e) 2017 (e) 1.1 1.3 1.8 2.2 2.2 2.8 2.1 1.5 2.3 1.9 1.0 1.8 5.6 7.4 10.8 8.8 5.7 8.0 3.8 3.0 3.4 0.2 0.1 2.6 2.4 2.0 0.0 20.6 15.5 0.7 2.9 1.5 2.5 8.9 7.8 20.7 2.3 2.1 3.5 2.4 2.0 5.2 5.9 6.5 4.8 4.0 3.2 4.0 8.0 10.2 27.9 6.4 6.7 2.1 9.6 13.7 1.6 2.2 6.6 11.4 7.9 6.2 5.3 6.0

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 5.35

Close Price 5.11

AUTO

2.90

2.90

ABUK EFIC JUFO SUGR NCMP EFID EAST DOMT

108.1 11.29 7.25 11.9 13.50 17.2 202.5 8.1

109.7 11.19 7.34 12.0 17.1 199.5 8.4

UEFM WCDF EDFM MILS CEFM SCFM AFMC

94.9 74.0 74.0 18.4 24.0 17.55 19.2

74.0 73.9 18.6 24.7 0.0 -

SKPC AMOC MOIL EGAS ZEOT COSG

19.2 100.3 0.27 51.5 0.8 20.5

19.2 101.5 0.27 52.2 0.8 20.2

PHAR BIOC

102.0 10.6

0.0 0.0

DoD % Change ▲9.4 ▼2.7 ▼2.7 ▼0.6 ▼3.3 ▼1.1 ▲2.3 ▼1.5 ▲0.6 ▲0.6 ▲0.0 ▼3.7 ▼0.8 ▲2.0 ▼1.0 ▼0.3 ▼3.4 ▼4.0 ▼1.8 ▼1.0 ▲0.1 ▲2.1 ▼3.6 ▲0.4 ▼0.0 ▲0.8 ▲7.0

YTD % Change ▼0.2 ▼10.5 ▼10.5 ▼7.6 ▲3.7 ▲23.0 ▲17.1 ▼7.9 ▲2.0 ▲18.2 ▼27.1 ▲24.4 ▲26.5 ▲26.4 ▲18.0 ▲27.5 ▲23.1 ▲46.2 ▲26.5 ▲21.6 ▲20.6 ▲11.8 ▲35.5 ▲3.8 ▲0.1 ▼3.6 ▼23.6 ▲14.1 ▲16.5 ▲12.4

Volume k 6,670 538 538 878 6 446 405 12 0 8 1 25 25 0 10 2 7 6 0 0 1,609 1,240 305 63 1 173 563 271 0 0

Value EGP mn 2.6 2 1.6 9 0.7 5.0 3.0 0.2 0.0 0.1 0.1 0.9 1 0.0 0.8 0.1 0.1 0.1 0.0 0.0 55 23.8 31.0 0.1 0.1 0.1 11.4 1 0.0 0.0

Yr. High 5.2

Yr. Low 2.9

3.6

1.8

143 13.1 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 80 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

103.8 11.6

55.8 7.8

Market Cap % Free Weight (EGP mn) Float in EGX 2,613 9 0.2% 3,173 54 1.2% 3,173 54 1.2% 35,135 39 5.7% 9,094 30 782 55 6,825 49 2.3% 1,692 38 398 57 6,220 9 10,123 39 2.7% 2,289 43 19.7% 2,472 0 664 48 555 38 444 45 196 43 353 33 105 29 154 17 20,280 43 3.6% 10,059 49 3.4% 8,632 39 971 34 618 20 126 68 819 30 0.2% 9,984 0 8,089 56 884 8 -

Weight in Focus 0.1% 1.0% 1.0% 6.6% 1.6% 0.2% 1.9% 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% 5.1% 2.8% 1.9% 0.2% 0.1% 0.0% 0.1% 2.8% 2.6% 0.0%


2015 (a) n/a 16.6 16.6 9.1 10.1 13.1 7.2 62.7 8.4 314.6 9.0 17.8 12.3 9.9 10.6 39.4 10.1 17.1 31.1 5.8 23.9 13.4 28.5 n/a 207.1 217.6 n/a 19.0 22.6 12.8

PER (x) 2016 (e) n/a 15.8 15.8 8.3 8.9 16.4 7.2 36.9 5.9 256.7 7.7 23.2 8.0 8.2 6.3 7.0 22.1 6.0 n/a 6.3 15.6 14.1 22.2 4.5 197.3 n/a 0.0 17.2 19.7 10.6

DY (% ) 2017 (e) 2015 (a) 2016 (e) 2017 (e) n/a 15.0 15.0 8.0 5.2 6.2 6.9 8.5 7.8 9.2 11.2 16.1 5.5 2.2 2.6 7.2 2.1 3.1 2.3 35.2 5.4 11.2 15.8 17.3 223.2 7.3 4.9 5.9 6.5 13.2 6.4 7.0 7.4 10.8 7.5 7.1 7.9 9.0 5.0 7.4 10.8 16.8 6.0 7.1 9.1 10.8 21.0 8.7 5.4 4.8 5.7 5.0 1.9 5.7 5.9 5.7 22.8 6.0 8.9 8.9 7.7 15.1 5.4 4.7 4.6 12.8 6.5 6.3 5.5 24.7 5.0 3.7 4.3 4.3 187.9 3.9 1.8 2.3 n/a 0.0 15.7 3.7 4.5 5.0 17.9 3.4 4.2 4.5 9.7 6.8 8.9 9.7

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

8.4 20.6 26.6 3.1 0.29 12.2 1.12 7.4 14.0 2.1 2.7 0.3

8.4 20.8 26.7 3.1 0.30 12.2 1.13 7.5 13.9 2.2 2.7 0.3

ETEL GTHE EMOB OTMT MPRC RAYA

11.6 6.3 84.8 0.68 2.9 6.6

11.7 1.30 0.0 0.68 2.8 6.6

ORWE ACGC

17.4 4.8

17.6 4.9

DoD % Change ▲0.1 ▲0.5 ▲1.9 ▼1.6 ▲1.6 ▼3.3 ▲0.4 ▲2.8 ▼2.0 ▲1.3 ▼3.6 ▼1.1 ▼1.9 ▼1.3 ▼2.8 ▼1.4 ▼0.3 ▲0.6 ▼31.4 ▼0.3 ▼7.9

YTD % Change ▼3.8 ▼8.1 ▼0.5 ▲7.1 ▲1.0 ▼6.5 ▼18.9 ▲3.7 ▼8.7 ▲18.5 ▲16.3 ▼8.6 ▼10.3 ▼10.3 ▼1.1 ▼12.9 ▼16.8 ▼19.0 ▼12.3 ▲23.8 ▼24.6 ▲12.6 ▼0.6

Volume k 45,149 2,095 2,022 611 9,668 16,490 2,024 10,049 20 3 368 1,800 14,274 37,476 832 9,094 0 26,572 951 27 12,216 55 11,643

Value EGP mn 153 17.6 42.1 16.3 30.2 4.9 24.7 11.3 0.1 0.0 0.8 4.8 3.7 88 9.7 57.7 0.0 18.2 2.7 0.2 59 1.0 57.1

Yr. High

Yr. Low

10.0 22.7 31.3 3.6 0.5 16.7 1.3 9.4 14.0 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 5.6

4.9 2.3

Market Cap % Free Weight (EGP mn) Float in EGX 67,879 43 19.7% 17,313 50 6.0% 10,280 59 4.2% 11,824 28 2.3% 7,227 55 2.8% 1,322 44 0.4% 4,141 74 2.1% 1,176 77 0.6% 801 67 1,260 66 530 27 12,003 11 0.9% 1,185 53 0.4% 65,939 22 9.4% 19,836 20 2.7% 32,838 25 5.7% 8,476 4 3,567 41 1.0% 556 39 666 55 7,434 62 2.7% 4,590 57 1.8% 1,258 96 0.8%

Weight in Focus 16.9% 5.0% 3.5% 1.9% 2.3% 0.3% 1.8% 0.5% 0.3% 0.5% 0.1% 0.8% 0.4% 8.4% 2.3% 4.8% 0.2% 0.8% 0.1% 0.2% 2.7% 1.5% 0.7%

2015 (a) 30.6 25.5 58.8 75.0 19.4 7.6 29.1 n/a 28.0 15.8 7.3 31.7 32.0 n/a 7.7 n/a n/a n/a 73.6 7.0 22.8 23.6 37.9

PER (x) 2016 (e) 17.6 23.7 50.6 81.1 6.8 8.6 13.3 3.7 26.5 15.7 9.5 15.5 13.6 9.7 6.7 n/a 163.1 1.0 70.1 5.9 23.7 23.4 36.1

DY (% ) 2017 (e) 2015 (a) 2016 (e) 2017 (e) 19.4 1.2 1.1 1.3 20.6 1.7 1.7 1.7 38.9 41.5 1.3 2.5 2.9 17.0 4.8 0.6 1.0 6.0 3.7 9.2 15.0 12.8 18.5 16.1 20.9 11.9 12.9 12.4 2.2 8.9 0.6 1.7 2.2 6.1 1.7 5.2 6.9 124.7 135.9 1.0 66.8 5.3 10.1 19.2 17.2 6.5 3.0 3.0 9.7 7.3 2.8 2.9 9.2 34.4 -


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