Closing Bell Jan 09 2017

THE CLOSING BELL BULLETIN

JAZIRA SECURITIES BROKERAGE

Monday, January 09, 2017

Indices EGX30

Close 12,781

EGX70

461

▼0.9%

▲21.5%

EGX100

1104

▼0.9%

▲39.6%

EGP mn

% of Market

Trading Activity Total Market

1 Day Change YTD Change ▼0.9% ▲3.5%

1,305

EGX30

788

60

EGX70

114

9

OTC

0

0

Bonds

42

3

# of Stocks

EGP mn

% of Market

Advancers

▲179

1,228

52

Decliners

▼31

308

13

Unchanged

108

807

34

Buyers

Sellers

% of Market

Retail (EGP mn)

946

862

72

Institutions (EGP mn)

311

395

28

Market Breadth

Market Participants

Investor Type Egyptians (EGP mn)

Buyers

Sellers

Net Flow

985

1,056

-71

Arab (EGP mn)

89

57

32

Foreigners (EGP mn)

183

143

40

Top Gainers

Closing Price

% Change

South Cairo & Giza Mills

14.39

▲7.9

Prime Holding

3.18

▲3.9

Rubex Int. for Plastic and Acrylic.

5.29

▲3.3

Abu Dhabi Islamic Bank- Egypt

7.72

▲3.1

Amer Group Holding

0.35

▲2.9

Top Losers

EGX30 Intraday Chart

% Change

US$

% Change

COMIq.L

3.98

▼0.6

ETELq.L

2.50

-

HRHOq.L

2.70

-

OTMTq.L

0.32

-

Exchange Rates

Bid

Ask

Egy. for Dev. Building Materials

9.26

▼7.0

EGP/ 1S$

18.0363

18.2703

Orange Egypt For Telecom.

99.3

▼5.3

EGP/ 1€

18.9435

19.1966

El Ezz Porcelain (Gemma)

5.97

▼4.5

EGP/ 1£

22.2207

22.5145

Misr Conditioning (Miraco)

52.7

▼4.1

EGP/ 1SAR

4.8084

4.8713

Cleopatra Hospital Co.

16.32

▼3.8

EGP/ 1AED

4.9097

4.9748

EGP mn

% Change

Regional Indices

Close

% Change

Hermes

142

▼2.0

Tadawul (KSA)

7,082

▼0.8

Citadel Capital

100

▲1.8

Dubai General

3,721

▲0.8

Abu Dhabi Gen.

4,664

▲0.6

Kuwait General

5,952

▲0.9

Bahrain All share

1,206

▼0.3

Muscat 30

5,797

▲0.1

Top Traded by Value

Helioplis Housing

90

▲1.8

Global Telecom

83

▼1.0

Pioneers Holding

69

▼0.5

Insider Trading 12,960

Closing Price

GDRs (as of 15:00 CLT)

(Latest available)

Stock

Type Volume

Market Headlines

12,940 12,920 12,900 12,880 12,860 12,840 12,820 12,800 12,780 12,760 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

Board Member

Cairo Dev. and Inv.

Buy

318,982

Related Parties

Arab Dev.& Real Estate

Sell

78,500

Board Member

Alex. Spinning

Buy

55,700

Board Member

Giza General Contracting

Sell

25,000

Board Member

Alex. Mineral Oils Co.

Sell

22,000

Board Member

El Ahram Co. For Print.

Buy

5,000

Amer Group Holding said Monday that the board of directors suggest converting a capital stake up to 33% into global depositary receipts (GDRs), according a bourse statement. Co. earned EGP76.3 mn during the 3Q FY16, inc. by 75.2% vs. EGP43.6 mn. In the same period last year.

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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 12,781

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

74.4 37.3 37.5 7.60 10.5 0.62 27.59 12.18 1.15 0.67 1.07 3.20 11.00

UAGS

0.89

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

472.0 18.52 75.0 15.4 20.5 82.3 5.30 19.5 18.9 3.88 2.63 0.88 0.86 109.0 8.99 0.73 1.75 7.14

Close DoD % Price Change ▼0.9 ▲0.4 ▲0.9 73.8 ▲0.2 0.0 37.0 ▲1.3 7.72 ▲1.5 10.50 ▼1.0 0.62 27.66 ▼2.2 12.10 ▲0.2 1.16 ▲0.9 0.67 ▼1.5 1.09 ▼1.8 3.24 ▼2.4 11.06 ▲0.1 ▼0.0 0.90 ▼2.2 ▲6.1 ▲1.1 18.62 ▼2.2 75.0 ▼2.0 14.9 ▲1.3 20.6 ▼1.4 0.0 ▼0.2 5.31 ▼2.6 19.5 ▲0.3 18.9 ▼0.5 0.0 ▲1.8 0.89 ▼2.2 0.87 ▼2.3 109.7 ▼2.5 0.0 ▲0.3 0.74 ▼2.7 1.77 ▼3.8 7.05 ▲0.8

YTD % Change ▲3.5 ▲4.1 ▲3.8 ▲1.8 ▲3.4 ▲8.3 ▲5.4 ▲6.9 ▲8.1 ▲6.0 ▲11.7 ▼1.5 ▲0.9 ▼2.4 ▼2 ▲1.1 ▲0.0 ▲7.4 ▲0.8 ▲4.3 ▲1.1 ▼2.5 ▼4.6 ▼0.7 ▲1.9 ▼1.0 ▲0.1 ▼1.0 ▼0.8 ▲1.1 ▲2.4 ▲8.1 ▼1.1 ▲4.7

Volume k 419,749 505,390 192,805 922 86,315 1,001 1,710 0 579 5,136 5,711 86,315 105 5,012 13 92 20,126 3,845 8,544 0 1,392 236 27 2 0 908 8 5 1 1 3,761 979 64 0 353 429 379

Value Yr. Yr. Market Cap % Free Weight EGP mn High Low (EGP mn) Float in EGX 1,048 12,947 12,291 343,953 45 100.0% 1,129 442,281 39 138% 439 157,950 56 53.7% 68.1 74.9 28.9 85,341 74 41.0% 0.0 39.0 25.2 24,041 3 37.1 38.0 18.1 10,763 29 13.2 8.1 3.1 1,520 38 0.3 10.8 8.0 1,343 26 3.2 0.6 0.4 5,577 45 1.6% 142.1 29.2 6.4 16,965 73 8.1% 69.1 12.6 4.9 8,628 32 1.8% 100.2 1.7 0.6 1,631 86 0.9% 0.6 0.7 0.3 1,670 41 5.4 1.2 0.8 471 98 0.3% 0.4 4.1 2.5 129 43 1.0 21.9 2.9 1,859 39 128 120,713 49 3.5 1.10 0.60 178 49 64 61,655 21 2.2% 0.0 500 188 6,308 33 25.9 19.9 6.1 10,061 33 2.2% 17.7 84 28 16,756 36 3.9% 0.4 25.5 8.7 2,799 47 0.0 27 17 1,538 55 0.0 90.0 70.0 2,459 50 4.8 6 3 2,556 50 0.2 25.7 19.0 1,365 57 0.1 30 17 453 33 0.0 4.5 2.0 310 55 0.0 4 2 329 33 3.3 1.0 0.6 498 67 0.2% 0.8 1 1 448 69 7.0 115.3 48.2 12,867 13 1.1% 0.0 10.5 6.0 47 76 0.3 1.0 0.5 87 64 0.8 2.2 1.2 70 74 2.7 10.0 4.3 2,704 23 -

Weight in Focus 72.4% 100.0% 47.6% 33.6% 0.4% 1.7% 0.3% 0.2% 1.3% 6.6% 1.5% 0.8% 0.4% 0.2% 0.0% 0.4% 0.0% 0.0% 10.8% 1.1% 1.8% 3.2% 0.7% 0.5% 0.7% 0.7% 0.4% 0.1% 0.1% 0.1% 0.2% 0.2% 0.9% 0.0% 0.0% 0.0% 0.3%

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) 29.7 20.0 16.1 20.3 8.4 11.4 7.2 5.9 12.9 38.7 10.8 n/a 157.8 n/a 10.6 428.9 n/a n/a 16.4 n/a n/a 12.5 n/a 19.7 10.7 36.0 n/a 11.0 n/a 8.5 7.3 18.3 n/a 16.2 n/a 40.4 9.9

PER (x) 2016 (e) 15.3 12.9 13.5 15.6 6.2 8.9 4.8 4.6 10.7 36.9 9.8 n/a 315.5 n/a 9.4 714.9 n/a n/a 11.4 n/a n/a 5.9 n/a 20.8 10.2 34.2 33.4 6.3 4.0 5.8 10.4 17.5 n/a 40.5 n/a 39.6 9.0

2017 (e) 12.8 10.5 9.9 11.6 5.0 6.6 4.0 3.6 9.8 33.5 9.3 n/a 300.5 82.6 8.9 680.8 n/a n/a 9.4 n/a n/a 5.7 n/a 19.8 9.3 29.8 31.8 5.7 3.8 4.9 10.2 16.6 n/a 38.6 1.0 38.8 8.6

DY (% ) 2015 (a) 2016 (e) 2017 (e) 1.1 1.6 2.2 2.0 2.4 2.8 2.2 2.8 3.6 1.8 2.5 3.4 0.9 3.3 2.5 5.7 7.5 10.9 7.6 5.0 7.0 4.0 3.2 3.6 0.2 0.1 1.3 1.3 1.0 0.0 17.6 13.2 0.6 2.5 1.3 2.7 9.3 8.2 17.2 1.9 1.7 3.2 2.3 1.9 5.6 6.4 7.0 5.1 4.4 3.5 5.3 10.6 13.6 25.8 5.9 6.2 1.9 8.6 12.2 1.4 1.9 5.8 10.1 7.0 7.4 6.4 7.2

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* Pharmaceutical Egyptian Int. Pharmaceuticals Ind. (EIPICO) Glaxo Smith Kline Minapharm Pharmaceuticals

Reuters Code IRON

Last Price 6.67

AUTO

3.40

ABUK EFIC JUFO SUGR NCMP EFID EAST DOMT

102.0 9.65 5.84 12.0 13.29 14.1 280.0 6.4

UEFM WCDF EDFM MILS CEFM SCFM AFMC

74.5 64.5 59.0 14.7 16.8 14.00 16.3

SKPC AMOC MOIL EGAS ZEOT

17.0 74.0 0.25 47.6 0.8

PHAR BIOC MIPH

90.0 9.4 70.6

Close DoD % Price Change 6.73 ▼3.3 ▼0.9 3.45 ▼0.9 ▼0.8 102.1 ▲0.1 9.52 ▲0.5 5.84 ▼2.7 12.6 ▼8.1 13.2 ▲0.5 14.1 ▼0.1 279.8 ▼0.0 6.4 ▼3.6 ▲0.9 ▼0.8 64.0 ▲2.5 59.0 ▲1.2 14.8 ▼1.3 16.5 ▼0.3 14.4 ▲4.9 16.1 ▲3.6 ▼0.1 17.0 ▼0.8 74.2 ▼0.8 0.25 47.2 ▼2.3 0.0 ▼2.3 ▲0.2 90.0 9.4 ▲0.5 0.0 -

YTD % Change ▲0.0 ▲4.9 ▲4.9 ▼1.5 ▼2.1 ▲5.1 ▼5.7 ▼7.1 ▲0.4 ▼2.8 ▲0.8 ▼1.4 ▲1.2 ▼0.8 ▲2.8 ▲1.7 ▼1.1 ▲2.3 ▲0.9 ▲3.3 ▼0.2 ▼1.0 ▲0.0 ▼3.8 ▼7.5 ▲1.2 ▲2.5 ▲2.9 ▲0.3 -

Volume k 443 2,378 2,378 1,315 1 1,012 274 2 9 9 9 163 37 0 2 2 12 15 5 1 1,143 469 86 563 26 498 105 100 2 0

Value EGP mn 17.7 8 8.2 14 0.1 9.6 1.6 0.0 0.1 0.1 2.5 7.0 1 0.0 0.1 0.1 0.2 0.2 0.1 0.0 17 8.0 6.4 1.2 1.2 2.0 9 9.0 0.0 0.0

Yr. High 7.5 3.6 143 9.9 8 14.8 17 20.0 299.0 10.9 85 73.0 64 16.0 19 16.2 18 18.8 79.0 0.3 66.0 1.0 98.0 11.6 76.0

Yr. Low 4.4

Market Cap % Free Weight (EGP mn) Float in EGX 3,258 9 0.2% 3,720 55 1.3% 1.8 3,720 55 1.3% 35,960 39 4.4% 96 8,581 30 5.6 669 55 4 5,498 49 8.0 1,706 38 11 392 57 7.5 5,114 9 0.3% 142.6 14,000 39 3.6% 4.2 1,814 43 18.2% 1,979 0 56 522 48 37.0 484 38 35 354 45 11.3 158 43 10 247 33 8.6 84 29 13 130 17 16,751 43 10.0 8,909 49 21.3 6,371 39 0.2 899 34 26.1 571 20 0.6 132 68 9,179 0 55.8 7,140 56 7.8 788 8 25.7 868 19 -

Weight in Focus 0.2% 1.1% 1.1% 6.5% 1.4% 0.2% 1.4% 0.3% 0.1% 0.2% 2.9% 0.0% 0.4% 0.1% 0.1% 0.1% 0.0% 0.0% 0.0% 0.0% 3.9% 2.3% 1.3% 0.2% 0.1% 0.0% 2.3% 2.2% 0.0% 0.1%


2015 (a) n/a 19.4 19.4 9.7 9.5 11.2 5.8 63.3 8.2 276.3 12.4 14.1 9.9 7.8 9.3 31.4 8.1 12.0 27.7 4.7 19.8 11.8 21.0 n/a 191.4 228.5 17.1 20.0 11.4 10.8

PER (x) 2016 (e) n/a 18.5 18.5 8.8 8.4 14.0 5.8 37.2 5.8 225.5 10.6 18.4 5.9 6.4 5.5 5.5 17.7 4.2 26.4 4.5 12.9 12.5 16.4 4.2 182.3 n/a 15.4 17.3 9.5 14.4

2017 (e) n/a 17.6 17.6 8.5 8.0 13.7 5.8 35.4 5.3 196.1 10.1 10.5 5.2 5.9 4.4 4.8 16.9 4.0 25.1 4.3 12.5 11.3 18.2 4.0 173.6 n/a 14.1 15.8 8.6 13.7

DY (% ) 2015 (a) 2016 (e) 2017 (e) 4.9 5.8 6.5 8.3 9.8 11.9 6.4 2.6 3.1 2.6 3.9 2.9 11.4 16.1 17.6 3.6 4.3 4.7 8.9 9.4 12.6 9.1 10.1 11.4 8.5 12.4 19.3 8.9 11.4 13.5 10.9 6.8 5.9 7.1 2.7 8.1 7.1 5.3 6.6 10.4 9.3 9.7 6.6 5.7 5.6 7.4 7.1 6.2 6.8 5.1 5.8 4.2 2.0 2.4 4.2 5.1 5.5 3.9 4.7 5.1 7.6 10.0 10.9 2.8 3.3 3.8

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

9.2 21.5 28.2 3.4 0.34 15.2 1.14 8.1 12.3 1.9 2.9 0.3

ETEL GTHE EMOB OTMT MPRC RAYA

13.5 7.7 99.2 0.84 3.4 5.5

ORWE ACGC

16.4 4.8

Close DoD % Price Change ▼0.5 9.2 ▼1.9 21.4 ▼0.4 27.2 ▲5.7 3.4 ▼2.0 0.35 15.2 ▼1.9 1.16 ▼3.4 8.1 ▼1.9 12.1 ▲2.4 1.9 ▼2.1 2.9 ▼2.3 0.3 ▼2.1 13.6 ▼1.9 1.35 ▼1.4 99.3 ▼5.3 0.86 ▼2.3 3.4 ▲1.5 5.4 ▼0.4 ▼26.4 16.3 ▲2.6 4.8 ▼4.0

YTD % Change ▲4.6 ▲0.8 ▲3.9 ▲13.7 ▲10.3 ▲9.7 ▲0.7 ▲5.6 ▼0.2 ▲4.0 ▲2.2 ▲1.0 ▲6.9 ▲7.3 ▲14.5 ▲7.2 ▼2.6 ▲1.8 ▲2.6 ▼24.0 ▲5.9 ▲0.4

Volume k 196,746 3,238 1,282 3,312 17,234 151,346 1,814 8,904 14 3 210 9,390 97,027 89,084 1,733 10,747 1 76,121 479 2 13,232 1,580 10,543

Value EGP mn 325 29.9 27.5 89.9 59.2 52.4 27.5 10.3 0.1 0.0 0.4 27.4 30.5 174 23.6 83.1 0.1 65.1 1.6 0.0 78 25.8 50.9

Yr. High

Yr. Low

9.8 22.0 27.3 3.6 0.5 16.7 1.2 9.4 12.5 2.0 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 3.7 5.6

5.5 1.5 81.8 0.5 2.1 3.4

17.3 5.3

4.9 2.3

Market Cap % Free (EGP mn) Float 68,665 42 18,985 50 5,368 60 12,550 28 7,897 56 1,550 39 5,138 74 1,197 77 875 67 1,106 66 466 27 13,535 11 1,413 39 78,929 22 22,960 20 40,444 25 9,921 4 4,406 41 645 39 552 55 7,494 62 4,590 58 1,271 94

Weight in EGX 18.2% 6.2% 2.1% 2.3% 2.9% 0.4% 2.5% 0.6% 1.0% 0.4% 10.8% 2.9% 6.7% 1.2% 0.8% 0.8%

Weight in Focus 15.4% 5.1% 1.7% 1.9% 2.4% 0.3% 2.0% 0.5% 0.3% 0.4% 0.1% 0.8% 0.3% 9.4% 2.4% 5.5% 0.2% 1.0% 0.1% 0.2% 2.5% 1.4% 0.6%

2015 (a) 31.0 27.9 30.7 79.6 21.2 8.9 36.1 n/a 30.6 13.9 6.5 35.8 38.2 n/a 8.9 n/a n/a n/a 85.4 5.8 23.0 22.2 38.3

PER (x) 2016 (e) 17.8 26.0 26.4 86.1 7.4 10.0 16.5 3.8 29.0 13.8 8.3 17.5 16.3 11.6 7.7 n/a 190.9 1.3 81.4 4.9 23.9 22.0 36.5

DY (% ) 2017 (e) 2015 (a) 2016 (e) 2017 (e) 19.6 1.2 1.1 1.3 22.6 1.6 1.6 1.6 20.3 44.0 1.2 2.4 2.7 18.5 4.4 0.6 0.9 7.0 3.1 7.9 12.8 15.9 18.9 17.6 18.4 10.4 14.6 14.8 1.9 10.7 0.5 1.5 1.9 7.0 1.5 4.5 5.9 153.6 159.1 1.2 77.5 4.4 12.2 23.2 20.8 6.5 3.0 3.0 9.6 6.9 3.0 3.0 9.8 34.8 -


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