Closing Bell Jan 12 2017

THE CLOSING BELL BULLETIN

JAZIRA SECURITIES BROKERAGE

Thursday, January 12, 2017

Indices EGX30

Close 13,224

EGX70

473

▲1.3%

▲24.8%

EGX100

1154

▲1.7%

▲45.9%

EGP mn

% of Market

Trading Activity Total Market

1 Day Change YTD Change ▲1.0% ▲7.1%

1,944

EGX30

788

41

EGX70

187

10

OTC

0

0

Bonds

27

1

# of Stocks

EGP mn

% of Market

Advancers

▲174

1,882

50

Decliners

▼121

1,703

46

27

148

4

Buyers

Sellers

% of Market

1,223

1,413

69

685

496

31

Market Breadth

Unchanged Market Participants Retail (EGP mn) Institutions (EGP mn) Investor Type Egyptians (EGP mn)

Buyers

Sellers

Net Flow

1,371

1,466

-95

Arab (EGP mn)

233

247

-14

Foreigners (EGP mn)

304

195

109

Top Gainers

Closing Price

% Change

Rowad Tourism (Al Rowad)

4.24

▲9.6

Arabian Cement Company

9.01

▲9.3

South Cairo & Giza Mills & Bak.

16.53

▲9.1

Al Baraka Bank Egypt

12.76

▲8.4

National Bank Of Kuwait- Egypt

29.22

▲8.2

Top Losers

EGX30 Intraday Chart

13,200

13,150

13,100

13,050

13,000 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

% Change

US$

% Change

COMIq.L

3.96

▼0.9

ETELq.L

2.50

-

HRHOq.L

2.68

▼6.1

OTMTq.L

0.32

▼6.0

Exchange Rates

Bid

Ask

Maridive & oil services

0.24

▼4.0

EGP/ 1S$

18.6945

18.8450

Atlas For Land Reclamation

8.81

▼2.4

EGP/ 1€

19.9601

20.1227

The Arab Ceramic

2.55

▼1.5

EGP/ 1£

22.9961

23.1832

Naeem Holding

0.66

▼1.5

EGP/ 1SAR

4.9843

5.0245

Belton Financial Holding

10.62

▼1.3

EGP/ 1AED

5.0879

5.1308

EGP mn

% Change

Regional Indices

Close

% Change

Hermes

256

▲1.8

Tadawul (KSA)

6,922

▲0.4

Talaat Moustafa

155

▲2.9

Dubai General

3,721

-

Abu Dhabi Gen.

4,681

▲0.4

Kuwait General

6,108

▲1.3

Bahrain All share

1,212

▲0.2

5,762

▼0.6

Top Traded by Value

Pioneers Holding

122

▲1.8

Citadel Capital

112

▲3.5

Ezz Steel

105

▲4.5

Muscat 30 Market Headlines

Insider Trading 13,250

Closing Price

GDRs (as of 15:00 CLT)

Stock

Type

Volume

Board Member Related Parties M.S.H Co. management Related Parties Related Parties Board Member Co. management

Alex. Spinning & Weaving EDBE Sharkia National Food Raya Holding For financial Arab Dev.& Real Estate Faisal Islamic Bank El Ahram Co. For Print. ICON

Buy Sell Buy Buy Sell Sell Buy Buy

134,967 124,241 112,621 42,865 34,600 30,000 12,490 5,812

Related Parties

Cairo Educational Services

Buy

2,000

(Latest available)

Heliopolis Co. for Housing and Dev. sold a number of residential at EGP24 mn in Dec. 2016, lower 32% month-onmonth from EGP35.5 mn. Co. seeks to register EGP300 mn profits in FY17 budget estimates, vs. EGP205 mn a year earlier.

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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 13,224

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

75.8 37.4 40.0 8.90 12.9 0.65 27.79 12.65 1.21 0.66 1.08 3.28 10.57

UAGS

0.93

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

475.0 21.40 81.5 15.6 20.6 82.1 5.53 20.8 19.0 3.76 2.59 0.88 0.87 114.9 8.68 0.73 1.75 9.06

Close DoD % Price Change ▲1.0 ▲2.1 ▲0.9 76.2 ▼1.5 0.0 39.9 ▲2.7 8.56 ▲9.9 12.76 ▲9.9 0.64 ▲3.2 27.98 ▲1.1 12.70 ▲1.4 1.19 ▲5.2 0.66 ▼1.5 1.08 ▲1.9 3.26 ▲0.9 10.62 ▼1.8 0.93 ▲9.5 476.1 ▲4.3 20.74 ▲7.8 81.5 ▲3.4 15.5 ▲2.6 20.6 ▲0.2 82.9 ▼0.2 5.49 ▲1.7 20.6 ▲3.0 19.1 ▼0.9 3.8 2.55 0.88 0.87 ▲1.2 112.9 ▲2.0 8.7 ▲2.5 0.74 1.78 ▼0.6 9.01 ▲10.0

YTD % Change ▲7.1 ▲5.1 ▲6.5 ▲3.8 ▲0.4 ▲10.3 ▲26.8 ▲29.9 ▲12.1 ▲8.9 ▲10.1 ▲17.5 ▼2.9 ▲1.9 ▼6 ▲5.7 ▲0.1 ▲11.9 ▲1.5 ▲20.5 ▲9.9 ▼0.9 ▼4.3 ▼0.9 ▲6.3 ▲5.6 ▲0.9 ▼4.1 ▼2.3 ▲1.1 ▲1.2 ▲7.9 ▲4.3 ▼1.1 ▲32.8

Volume k 388,362 531,187 223,764 1,280 93,890 24 2,378 0 1,753 9,160 9,631 93,890 50 11,708 75 189 42,372 3,913 20,601 5 5,080 663 33 2 0 1,900 12 2 15 6 6,409 3,177 252 6 296 830 1,914

Value Yr. Yr. Market Cap % Free Weight EGP mn High Low (EGP mn) Float in EGX 1,663 13,104 12,291 347,191 45 100.0% 1,740 447,704 39 138% 633 161,777 56 54.3% 97.6 77.8 28.9 86,993 74 41.4% 0.0 39.0 25.2 24,132 3 1.0 40.0 18.1 11,486 29 20.4 8.4 3.1 1,780 38 1.3 12.3 8.0 1,655 26 9.9 0.6 0.4 5,846 45 1.7% 256.2 29.2 6.4 17,088 73 8.1% 122.3 12.7 4.9 8,961 32 1.9% 111.8 1.7 0.6 1,716 86 1.0% 0.3 0.7 0.3 1,645 41 12.6 1.2 0.8 475 98 0.3% 0.4 4.1 2.5 132 43 2.0 21.9 2.9 1,786 39 443 129,418 49 3.6 1.10 0.60 186 49 229 66,367 21 2.5% 2.2 500 188 6,348 33 105.4 20.2 6.1 11,626 33 2.5% 54.0 84 28 18,209 36 4.2% 0.5 25.5 8.7 2,844 47 0.0 27 17 1,541 55 0.0 90.0 70.0 2,453 50 10.4 6 3 2,667 50 0.2 25.7 19.0 1,456 57 0.0 30 17 456 33 0.1 4.5 2.0 301 55 0.0 4 2 324 33 5.7 1.0 0.6 498 67 0.2% 2.8 1 1 453 69 28.5 115.3 48.2 13,557 13 1.1% 0.1 10.5 6.0 45 76 0.2 1.0 0.5 87 64 1.5 2.2 1.2 70 74 17.3 10.0 4.3 3,431 23 -

Weight in Focus 72.3% 100.0% 48.2% 33.9% 0.4% 1.8% 0.4% 0.2% 1.4% 6.6% 1.5% 0.8% 0.4% 0.2% 0.0% 0.4% 0.0% 0.0% 11.4% 1.1% 2.0% 3.4% 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% 0.4%

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) 29.9 20.2 16.6 20.7 8.4 12.2 8.4 7.3 13.5 39.0 11.2 n/a 155.4 n/a 10.9 412.2 n/a n/a 17.1 n/a n/a 13.6 n/a 19.8 10.7 37.5 n/a 11.1 n/a 8.4 7.3 18.5 n/a 15.7 n/a 40.4 12.6

PER (x) 2016 (e) 15.4 13.0 13.9 15.9 6.2 9.5 5.6 5.6 11.2 37.1 10.2 n/a 310.8 n/a 9.6 686.9 n/a n/a 11.9 n/a n/a 6.5 n/a 20.8 10.2 35.7 35.7 6.3 3.9 5.8 10.4 17.7 n/a 39.2 n/a 39.6 11.4

2017 (e) 13.0 10.6 10.2 11.8 5.0 7.0 4.7 4.5 10.2 33.8 9.7 n/a 296.0 83.3 9.2 654.2 n/a n/a 9.8 n/a n/a 6.1 n/a 19.8 9.3 31.1 34.0 5.7 3.7 4.8 10.2 16.8 n/a 37.3 1.0 38.8 10.9

DY (% ) 2015 (a) 2016 (e) 2017 (e) 1.0 1.6 2.2 2.0 2.4 2.8 2.2 2.8 3.5 1.8 2.5 3.3 0.9 3.3 2.5 5.3 7.0 10.2 6.2 4.0 5.7 3.8 3.0 3.4 0.2 0.1 1.3 1.2 1.0 0.0 17.5 13.1 0.5 2.2 1.1 2.5 8.6 7.5 16.9 1.9 1.7 3.2 2.3 1.9 5.6 6.4 7.0 4.8 4.1 3.2 5.3 10.5 13.4 26.6 6.1 6.4 1.9 8.7 12.4 1.4 1.9 5.7 10.0 6.9 5.8 5.1 5.7

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 6.79

AUTO

3.33

ABUK EFIC JUFO SUGR NCMP EFID EAST DOMT

101.5 9.29 5.94 13.1 13.67 14.9 150.0 6.5

UEFM WCDF EDFM MILS CEFM SCFM AFMC

76.0 65.0 59.5 15.6 17.3 16.66 16.4

SKPC AMOC MOIL EGAS ZEOT

17.7 79.7 0.24 50.6 0.9

PHAR BIOC MIPH

90.0 10.2 70.6

Close DoD % Price Change 6.82 ▼0.1 ▼1.2 3.36 ▼1.2 ▲0.7 102.0 ▼0.5 9.33 ▼1.0 5.93 ▲2.9 13.0 ▲0.2 13.3 ▲2.9 14.7 ▲2.7 155.0 ▲0.3 6.6 ▲1.2 65.2 ▼0.0 59.7 ▲0.8 15.5 ▲3.6 17.1 ▲2.6 16.5 ▲10.0 ▲2.5 17.8 ▲1.6 79.7 ▲2.8 0.24 ▼4.0 51.7 ▼1.1 0.9 ▲2.4 ▲1.1 0.0 10.1 ▲7.9 0.0 -

YTD % Change ▲0.0 ▲2.8 ▲2.8 ▼21.5 ▼2.6 ▲1.2 ▼4.0 ▲1.2 ▲3.2 ▲2.6 ▼46.0 ▼0.9 ▲3.7 ▲1.2 ▲3.6 ▲2.6 ▲4.6 ▲5.1 ▲20.1 ▲3.6 ▲4.9 ▲3.3 ▲7.7 ▼7.7 ▼1.8 ▲2.4 ▲3.6 ▲2.9 ▲8.3 -

Volume k 912 5,197 5,197 3,545 1 535 2,941 2 11 11 45 229 66 0 1 1 34 24 6 0 2,124 739 220 1,153 11 1,186 8 0 1 0

Value EGP mn 54.0 17 17.5 30 0.1 5.0 17.4 0.0 0.1 0.2 7.0 28.5 1 0.0 0.1 0.0 0.5 0.4 0.1 0.0 34 13.2 17.5 2.4 0.6 0.9 0 0.0 0.0 0.0

Yr. High 7.5

Yr. Low 4.4

3.6

1.8

143 9.9 8 14.8 17 20.0 150.0 10.9

96 5.6 4 8.0 11 7.5 71.3 4.2

85 73.0 64 16.0 19 16.2 18

56 37.0 35 11.3 10 8.6 13

18.8 79.8 0.3 66.0 1.0

10.0 21.3 0.2 26.1 0.6

98.0 11.6 76.0

55.8 7.8 25.7

Market Cap % Free Weight (EGP mn) Float in EGX 3,316 9 0.2% 3,643 55 1.3% 3,643 55 1.3% 29,938 39 2.7% 8,539 30 644 55 5,592 49 1,860 38 403 57 5,400 9 0.3% 7,500 39 1.9% 1,823 43 18.6% 2,028 0 532 48 488 38 357 45 167 43 254 33 100 29 131 17 17,624 43 9,293 49 6,862 39 863 34 607 20 134 68 9,276 0 7,140 56 851 8 868 19 -

Weight in Focus 0.2% 1.1% 1.1% 5.1% 1.4% 0.2% 1.4% 0.4% 0.1% 0.3% 1.5% 0.0% 0.4% 0.1% 0.1% 0.1% 0.0% 0.0% 0.0% 0.0% 4.1% 2.4% 1.4% 0.2% 0.1% 0.0% 2.3% 2.1% 0.0% 0.1%


2015 (a) n/a 19.0 19.0 7.7 9.5 10.8 5.9 69.0 8.5 281.6 6.6 14.2 10.1 8.0 9.3 31.7 8.6 12.3 32.9 4.8 20.8 12.4 22.6 n/a 203.3 231.2 17.2 20.0 12.3 10.8

PER (x) 2016 (e) n/a 18.1 18.1 7.0 8.4 13.5 5.9 40.6 6.0 229.8 5.7 18.5 6.1 6.6 5.5 5.6 18.7 4.3 31.4 4.5 13.6 13.0 17.7 4.0 193.6 n/a 15.6 17.3 10.3 14.4

2017 (e) n/a 17.3 17.3 6.8 8.0 13.2 5.9 38.6 5.5 199.8 5.4 10.5 5.4 6.0 4.4 4.9 17.8 4.1 29.9 4.3 13.1 11.8 19.6 3.8 184.4 n/a 14.3 15.8 9.3 13.7

DY (% ) 2015 (a) 2016 (e) 2017 (e) 6.1 7.3 8.2 8.3 9.8 11.9 6.6 2.7 3.2 2.5 3.8 2.8 11.1 15.6 17.1 6.7 8.0 8.8 8.7 9.2 12.2 8.9 9.9 11.2 8.5 12.3 19.2 8.8 11.3 13.4 10.3 6.4 5.6 7.0 2.6 7.9 6.0 4.5 5.6 10.4 9.3 9.6 6.3 5.4 5.3 7.1 6.8 5.9 6.3 4.7 5.4 4.0 1.9 2.3 4.1 5.0 5.5 3.9 4.7 5.1 7.0 9.2 10.1 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

9.6 22.1 28.8 3.5 0.33 15.4 1.26 8.2 12.5 2.0 3.0 0.3

ETEL GTHE EMOB OTMT MPRC RAYA

13.4 7.7 98.0 0.84 3.5 5.9

ORWE ACGC

17.2 4.9

Close DoD % Price Change ▲2.4 9.6 ▲2.6 22.0 ▲2.6 29.0 ▲1.3 3.5 ▲1.5 0.34 15.4 ▲1.3 1.23 ▲8.6 8.2 ▲1.1 12.2 ▲2.3 2.0 ▲1.5 3.0 ▲4.1 0.3 ▲0.1 13.5 ▲0.6 1.39 98.2 ▼1.2 0.84 ▲1.2 3.5 ▼2.0 5.8 ▲6.1 ▼26.2 16.9 ▲5.6 4.9 ▲4.0

YTD % Change ▲7.7 ▲4.9 ▲6.9 ▲16.1 ▲12.6 ▲6.5 ▲2.3 ▲16.7 ▲1.0 ▲5.4 ▲7.6 ▲4.5 ▲3.4 ▲7.1 ▲14.0 ▲7.2 ▼3.8 ▲4.2 ▲10.7 ▼23.3 ▲11.3 ▲3.1

Volume k 192,715 16,152 3,706 2,153 24,060 83,131 3,353 31,298 45 5 425 28,386 60,200 64,728 2,965 0 7 61,359 217 180 18,439 2,317 14,578

Value EGP mn 589 155.3 81.6 62.4 84.7 28.0 51.7 38.4 0.4 0.1 0.8 85.4 18.1 94 39.9 0.0 0.7 51.5 0.8 1.0 113 39.0 71.5

Yr. High

Yr. Low

9.8 22.1 29.8 3.6 0.5 16.7 1.2 9.4 12.5 2.1 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 3.7 5.7

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 70,708 42 19,769 50 5,523 60 12,817 28 8,058 56 1,505 39 5,219 74 1,323 77 886 67 1,121 66 491 27 13,997 11 1,368 39 78,781 22 22,875 20 40,444 25 9,800 4 4,406 41 660 39 595 55 7,562 62 4,590 58 1,306 94

Weight in EGX 18.6% 6.4% 2.1% 2.3% 2.9% 0.4% 2.5% 0.7% 1.0% 0.3% 10.7% 2.9% 6.6% 1.2% 0.8% 0.8%

Weight in Focus 15.7% 5.2% 1.8% 1.9% 2.4% 0.3% 2.0% 0.5% 0.3% 0.4% 0.1% 0.8% 0.3% 9.2% 2.4% 5.4% 0.2% 1.0% 0.1% 0.2% 2.5% 1.4% 0.6%

2015 (a) 31.9 29.1 31.6 81.3 21.6 8.7 36.6 n/a 31.0 14.1 6.8 37.0 37.0 n/a 8.9 n/a n/a n/a 87.4 6.3 23.2 23.3 39.4

PER (x) 2016 (e) 18.3 27.1 27.2 88.0 7.6 9.7 16.8 4.2 29.3 14.0 8.8 18.1 15.7 11.5 7.7 n/a 188.6 1.3 83.3 5.2 24.2 23.2 37.5

DY (% ) 2017 (e) 2015 (a) 2016 (e) 2017 (e) 20.2 1.2 1.1 1.3 23.5 1.5 1.5 1.5 20.9 45.0 1.2 2.3 2.6 18.9 4.3 0.6 0.9 6.8 3.2 8.1 13.2 16.2 20.8 17.8 18.6 11.0 15.1 14.3 2.0 10.7 0.5 1.5 1.9 7.0 1.5 4.5 6.0 153.6 157.1 1.2 79.3 4.8 11.3 21.5 19.3 6.6 2.9 3.0 9.5 7.2 2.9 2.9 9.3 35.7 -


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