Closing Bell Jan 30 2017

THE CLOSING BELL BULLETIN

JAZIRA SECURITIES BROKERAGE

Monday, January 30, 2017

Indices EGX30

Close 12,926

EGX70

476

▼1.3%

▲25.6%

EGX100

1169

▼1.3%

▲47.8%

EGP mn

% of Market

Trading Activity Total Market

1 Day Change YTD Change ▼1.8% ▲4.7%

1,449

Top Gainers

Closing Price

% Change

Egypt Aluminum

15.87

▲9.8

Egyptian Chemical Industries

4.62

▲9.7

Alexandria Pharmaceuticals

62.51

▲9.0

Delta Sugar

13.59

▲6.9

Egy. International Pharmaceuticals

89.92

▲6.6

GDRs (as of 15:00 CLT)

US$

% Change

COMIq.L

4.02

▼1.2

ETELq.L

2.51

-

HRHOq.L

2.52

▼2.3

OTMTq.L

0.28

-

Exchange Rates

Bid

Ask

EGX30

788

54

EGX70

157

11

OTC

0

0

TransOceans Tours

0.06

▼14.3

EGP/ 1S$

18.7556

18.9100

Bonds

38

3

EDRs Of Al Salam Holding

2.75

▼8.6

EGP/ 1€

19.9953

20.1657

# of Stocks

EGP mn

% of Market

Remco for Touristic Villages

2.72

▼7.2

EGP/ 1£

23.4726

23.6772

Advancers

▲180

1,356

50

Decliners

▼28

135

5

Abu Dhabi Islamic Bank- Egypt

7.82

▼7.0

EGP/ 1SAR

5.0008

5.0423

Unchanged

134

1,219

45

Advanced Pharmaceutical Pack.

2.55

▼6.3

EGP/ 1AED

5.1063

5.1485

Buyers

Sellers

% of Market

EGP mn

% Change

Regional Indices

Close

% Change

Retail (EGP mn)

821

841

59

CIB

201

▼0.6

Tadawul (KSA)

7,132

▼0.7

Institutions (EGP mn)

589

569

41

EFG-Hermes

144

▼2.2

Dubai General

3,679

▲0.3

Abu Dhabi Gen.

4,591

▲0.1

Kuwait General

6,839

▼1.5

Bahrain All share

1,304

▲0.1

Muscat 30

5,751

▼0.2

Market Breadth

Market Participants

Investor Type Egyptians (EGP mn)

Buyers

Sellers

Net Flow

941

1,092

-151

Arab (EGP mn)

139

186

-47

Foreigners (EGP mn)

330

131

198

EGX30 Intraday Chart

13,200 13,150 13,100 13,050 13,000 12,950 12,900 12,850 12,800 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

Top Losers

Closing Price

Top Traded by Value

% Change

SODIC

89

▼5.0

Orascom Telecom

88

▼2.5

Palm Hills

63

▼4.7

Insider Trading Stock (Latest available)

Type Volume

Board Member

GB Auto

Sell

1,087,559

Board Member Related Parties Board Member Board Member Related Parties Related Parties Board Member Board Member

October Pharma SODIC October Pharma SODIC Rights Issue - South Africa El Kahera Housing Int.Agricultural Products Paints & Chemical Ind.

Sell Sell Buy Buy Sell Buy Buy Buy

473,680 458,714 473,680 91,286 80,000 21,470 2,500 1,500

Market Headlines

Raya Holding for Financial Investment plans to offer 10% of its shares in Raya Contact Center for subscription on 30 September 2017

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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 12,926

Close Price

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

77.5 40.5 39.8 7.57 11.8 0.65 25.24 10.50 1.18 0.63 1.08 3.23 10.19

77.8 39.1 39.7 7.82 11.96 0.66 25.59 10.71 1.21 0.63 1.11 3.31 10.47

UAGS

0.78

0.81

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

440.0 18.20 88.5 15.0 20.5 85.0 4.99 21.6 20.6 3.85 2.27 0.80 0.80 106.6 7.96 0.71 1.65 8.56

440.5 18.54 88.8 15.1 20.5 85.0 5.05 21.3 20.6 3.8 2.37 0.82 0.81 107.8 8.1 0.73 1.70 8.96

DoD % Change ▼1.8 ▼1.3 ▼0.9 ▼1.0 ▼1.5 ▲0.5 ▼10.0 ▼2.1 ▼3.0 ▼3.6 ▼6.0 ▼5.6 ▼1.6 ▼6.9 ▼5.6 ▼6.1 ▼0.1 ▼8.2 ▲11.3 ▼2.1 ▼6.5 ▲0.1 ▼3.0 ▲2.4 ▼0.5 ▼4.0 ▲0.9 ▼3.8 ▲0.8 ▼9.6 ▼4.8 ▼4.8 ▼3.5 ▼3.7 ▼4.1 ▼6.2 ▼10.0

YTD % Change ▲4.7 ▲2.8 ▲6.6 ▲6.0 ▲8.7 ▲9.6 ▲7.8 ▲18.1 ▲12.1 ▼1.1 ▼8.6 ▲14.6 ▼7.4 ▲1.9 ▼1.5 ▼9 ▼11.4 ▼0.1 ▲21.2 ▼6.0 ▲2.5 ▲19.3 ▼4.9 ▼4.6 ▲2.6 ▼4.0 ▲9.6 ▲9.3 ▼1.8 ▼14.3 ▼8.0 ▼7.0 ▲0.1 ▼4.3 ▼2.7 ▼6.8 ▲25.5

Volume k 308,605 384,085 116,372 2,585 48,594 22 1,104 9 824 5,642 3,097 48,594 41 5,860 27 235 28,467 2,088 14,191 4 3,189 184 35 56 18 1,045 24 4 33 8 5,669 1,638 27 21 232 629 1,375

Value Yr. Yr. Market Cap % Free EGP mn High Low (EGP mn) Float 1,171 13,544 12,291 333,769 45 1,220 434,923 43 459 161,986 55 201.2 79.3 28.9 88,897 74 0.3 43.0 25.2 26,138 3 0.9 42.5 18.1 11,408 29 8.6 9.6 3.1 1,514 38 0.0 13.0 8.0 1,504 26 4.7 0.7 0.4 5,846 45 144.4 29.2 6.4 15,520 73 33.2 12.9 4.9 7,438 32 58.7 1.7 0.6 1,674 86 0.2 0.7 0.3 1,570 41 6.5 1.2 0.8 475 98 0.3 4.1 2.5 130 43 2.5 21.9 2.9 1,722 39 206 125,303 49 1.7 1.10 0.60 156 49 109 64,227 36 1.7 500 188 5,880 33 59.1 22.8 6.1 9,887 33 16.3 89 28 19,770 36 0.5 25.5 8.7 2,728 47 1.1 27 17 1,538 55 1.5 90.0 70.0 2,540 50 5.3 6 3 2,406 50 0.5 25.7 19.0 1,511 57 0.1 30 17 494 33 0.1 4.5 2.0 308 55 0.0 4 2 284 33 4.6 1.0 0.6 453 67 1.3 1 1 417 69 2.9 115.5 48.2 12,577 13 0.2 10.5 6.0 41 76 0.2 1.0 0.5 84 64 1.1 2.2 1.2 66 74 12.3 10.3 4.3 3,242 23

Weight in EGX 100.0% 127% 55.6% 43.5% 1.7% 7.5% 1.6% 1.0% 0.3% 2.2% 2.2% 4.7% 0.2% 1.1% -

Weight in Focus 79.0% 100.0% 49.4% 35.7% 0.4% 1.8% 0.3% 0.2% 1.4% 6.2% 1.3% 0.8% 0.3% 0.3% 0.0% 0.4% 0.0% 0.0% 11.0% 1.0% 1.8% 3.9% 0.7% 0.5% 0.7% 0.7% 0.5% 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) 28.8 23.3 16.6 21.2 9.1 12.1 7.1 6.6 13.5 35.4 9.3 n/a 148.4 n/a 10.7 397.3 n/a n/a 138.6 n/a n/a 14.7 n/a 19.7 11.1 33.9 n/a 12.1 n/a 7.4 6.6 17.0 n/a 14.4 n/a 38.1 11.9

PER (x) 2016 (e) 14.8 14.0 13.9 16.3 6.7 9.4 4.8 5.1 11.2 33.7 8.4 n/a 296.7 n/a 9.5 662.2 n/a n/a 29.6 n/a n/a 7.0 n/a 20.8 10.6 32.2 37.0 6.8 4.0 5.0 9.4 16.2 n/a 35.9 n/a 37.3 10.8

2017 (e) 12.5 11.3 10.2 12.1 5.4 7.0 4.0 4.1 10.2 30.7 8.0 n/a 282.6 83.3 9.0 630.7 n/a n/a 22.4 n/a n/a 6.7 n/a 19.8 9.6 28.0 35.2 6.2 3.8 4.2 9.2 15.5 n/a 34.2 1.0 36.6 10.3

DY (% ) 2015 (a) 2016 (e) 2017 (e) 1.1 1.7 2.2 2.2 2.7 3.2 2.2 2.8 3.5 1.8 2.4 3.3 0.8 3.1 2.3 5.3 7.0 10.3 6.8 4.4 6.2 3.8 3.0 3.4 0.2 0.1 2.3 2.2 1.8 0.0 18.9 14.2 0.6 2.6 1.3 2.3 7.9 6.9 17.7 2.0 1.8 3.2 2.3 1.9 5.4 6.2 6.8 4.6 3.9 3.1 4.9 9.7 12.4 26.0 5.9 6.2 2.2 9.9 14.2 1.5 2.1 6.3 10.8 7.5 6.2 5.4 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* Pharmaceutical Egyptian Int. Pharmaceuticals Ind. (EIPICO) Glaxo Smith Kline Minapharm Pharmaceuticals

Reuters Code IRON

Last Price 6.61

Close Price 6.82

AUTO

3.27

3.26

ABUK EFIC JUFO SUGR NCMP EFID EAST DOMT

97.0 9.21 6.01 13.9 12.00 15.0 190.0 6.2

97.2 9.39 6.07 13.6 12.4 0.0 183.6 6.6

UEFM WCDF EDFM MILS CEFM SCFM AFMC

80.0 67.0 63.0 17.0 19.0 16.75 17.3

78.7 67.0 62.9 17.2 19.0 16.8 17.2

SKPC AMOC MOIL EGAS ZEOT

19.3 82.1 0.24 49.0 0.8

19.6 82.4 0.25 49.5 0.8

PHAR BIOC MIPH

90.0 9.8 64.0

89.9 0.0 0.0

DoD % Change ▼1.5 ▲5.8 ▲5.8 ▲0.8 ▼0.8 ▼7.0 ▼3.8 ▲9.2 ▼3.3 ▲4.1 ▼9.2 ▲1.4 ▲3.2 ▲0.8 ▲2.2 ▼2.3 ▲0.2 ▼0.3 ▲3.2 ▼3.7 ▼5.0 ▼3.5 ▼4.0 ▼3.1 ▼4.8 ▲4.9 ▲6.7 ▼4.3 -

YTD % Change ▲0.0 ▲0.9 ▲0.9 ▼16.0 ▼6.9 ▲0.3 ▼2.9 ▲7.4 ▼9.4 ▲3.4 ▼31.6 ▼4.5 ▲9.5 ▲6.6 ▲6.8 ▲8.6 ▲14.0 ▲15.7 ▲20.8 ▲9.3 ▲10.9 ▲12.6 ▲10.9 ▼7.7 ▼4.8 ▼4.8 ▲2.1 ▲2.9 ▲3.6 ▼9.3

Volume k 2,519 14,859 14,859 1,653 1 761 726 15 11 0 139 303 90 3 19 2 11 51 1 2 1,210 974 37 192 7 458 1,616 17 1 1,590

Value EGP mn 16.3 48 48.5 38 0.1 7.1 4.4 0.2 0.1 0.0 25.5 2.9 3 0.3 1.3 0.1 0.2 1.0 0.0 0.0 23 19.1 3.0 0.4 0.4 1.0 6 1.6 0.0 3.9

Yr. High 7.7

Yr. Low 4.4

3.6

1.8

143 10.3 8 14.8 17 20.0 183.7 10.9

96 5.6 4 8.0 11 7.5 71.3 4.2

85 73.0 64 18.5 19 18.1 18

56 37.0 35 11.3 10 8.6 13

20.8 85.9 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 3,229 9 0.2% 3,577 55 1.3% 3,577 55 1.3% 31,724 39 3.3% 8,160 30 638 55 5,658 49 1,974 38 354 57 5,440 9 0.3% 9,500 39 2.5% 1,758 43 16.9% 2,141 0 560 48 503 38 378 45 182 43 280 33 101 29 138 17 18,648 43 10,133 49 7,065 39 863 34 588 20 124 68 9,150 0 7,140 56 814 8 787 19 -

Weight in Focus 0.2% 1.1% 1.1% 5.6% 1.3% 0.2% 1.5% 0.4% 0.1% 0.3% 2.0% 0.0% 0.5% 0.1% 0.1% 0.1% 0.0% 0.1% 0.0% 0.0% 4.4% 2.7% 1.5% 0.2% 0.1% 0.0% 2.4% 2.2% 0.0% 0.1%


2015 (a) n/a 18.7 18.7 8.2 9.0 10.7 5.9 73.2 7.4 271.1 8.4 13.7 10.7 8.4 9.6 33.5 9.4 13.6 33.1 5.0 22.0 13.5 23.3 n/a 197.1 214.9 17.0 20.0 11.8 9.8

PER (x) 2016 (e) n/a 17.8 17.8 7.5 8.0 13.4 5.9 43.1 5.3 221.2 7.2 17.8 6.4 6.9 5.7 5.9 20.4 4.7 31.5 4.8 14.3 14.2 18.2 4.0 187.7 n/a 15.4 17.3 9.8 13.0

DY (% ) 2017 (e) 2015 (a) 2016 (e) 2017 (e) n/a 16.9 16.9 7.3 5.7 6.8 7.6 7.6 8.7 10.3 12.5 13.1 6.7 2.7 3.2 5.9 2.5 3.7 2.8 41.0 4.8 12.6 17.8 19.5 192.4 6.8 5.3 6.3 6.9 10.2 5.7 8.2 8.7 11.6 6.3 8.4 9.4 10.6 4.6 8.2 11.9 18.6 5.1 8.3 10.7 12.6 19.5 9.4 5.9 5.1 4.5 6.3 2.4 7.2 30.0 6.0 4.5 5.5 4.6 9.9 8.8 9.1 13.9 5.9 5.1 5.0 12.9 6.5 6.2 5.4 20.2 6.1 4.6 5.3 3.8 178.7 4.1 1.9 2.4 n/a 14.1 4.2 5.1 5.5 15.8 3.9 4.7 5.1 8.9 7.4 9.6 10.5 12.4 3.1 3.6 4.2

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

8.5 19.6 29.7 2.9 0.29 12.6 1.11 7.6 12.5 2.6 2.6 0.3

8.9 20.0 30.4 3.0 0.30 13.0 1.14 7.7 12.9 2.7 2.7 0.3

ETEL GTHE EMOB OTMT MPRC RAYA

12.3 7.0 92.5 0.76 3.4 6.8

12.5 1.36 93.4 0.78 3.4 6.7

ORWE ACGC

16.6 4.5

17.2 4.6

DoD % Change ▼6.3 ▼7.5 ▼7.4 ▼3.5 ▼7.1 ▼6.5 ▼8.5 ▼6.7 ▼5.0 ▼4.0 ▼9.9 ▼5.9 ▼7.1 ▼3.0 ▼5.7 ▼1.8 ▼1.1 ▼5.0 ▼0.3 ▼1.3 ▼31.4 ▼4.9 ▼6.4

YTD % Change ▼3.1 ▼6.7 ▼5.4 ▲19.5 ▼6.5 ▼6.5 ▼16.5 ▲2.8 ▼6.3 ▲5.8 ▲43.5 ▼11.4 ▼10.3 ▼1.4 ▲4.7 ▼2.1 ▼9.2 ▼9.5 ▲1.5 ▲27.6 ▼25.0 ▲7.1 ▼5.9

Volume k 102,641 4,015 1,000 1,791 21,204 51,130 6,836 10,620 8 18 826 5,194 42,685 122,720 2,520 6,873 1 112,778 529 19 8,732 1,725 6,050

Value EGP mn 306 35.5 20.0 54.5 62.9 15.5 89.2 12.1 0.1 0.2 2.2 13.7 11.7 170 31.5 48.4 0.1 87.8 1.8 0.1 59 29.6 28.0

Yr. High

Yr. Low

10.0 22.7 31.2 3.6 0.5 16.7 1.3 9.4 13.7 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 7.0

5.5 1.5 81.8 0.5 2.1 3.4

18.2 5.3

4.9 2.3

Market Cap % Free (EGP mn) Float 63,586 42 17,582 50 4,888 60 13,200 28 6,696 56 1,322 39 4,260 74 1,166 77 822 67 1,125 66 654 27 11,872 11 1,185 39 72,495 22 20,997 20 36,930 25 9,252 4 3,987 41 643 39 686 55 7,389 62 4,590 58 1,192 94

Weight in EGX 16.9% 5.8% 1.9% 2.4% 2.5% 0.3% 2.1% 0.6% 0.9% 0.3% 10.0% 2.7% 6.2% 1.1% 0.7% 0.7%

Weight in Focus 14.4% 4.8% 1.6% 2.0% 2.0% 0.3% 1.7% 0.5% 0.3% 0.4% 0.1% 0.7% 0.2% 8.8% 2.2% 5.1% 0.2% 0.9% 0.1% 0.2% 2.5% 1.4% 0.6%

2015 (a) 28.7 25.9 28.0 83.7 17.9 7.6 29.9 n/a 28.7 14.2 9.1 31.4 32.0 n/a 8.1 n/a n/a n/a 85.2 7.2 22.6 22.5 35.9

PER (x) 2016 (e) 16.4 24.1 24.0 90.6 6.3 8.6 13.7 3.7 27.2 14.0 11.7 15.3 13.6 10.6 7.1 n/a 178.0 1.2 81.1 6.0 23.6 22.3 34.2

DY (% ) 2017 (e) 2015 (a) 2016 (e) 2017 (e) 18.1 1.3 1.2 1.4 20.9 1.7 1.7 1.7 18.5 46.3 1.1 2.3 2.6 15.7 5.2 0.7 1.1 6.0 3.7 9.2 15.0 13.2 18.4 16.5 18.7 14.6 12.8 12.4 2.2 9.8 0.6 1.6 2.0 6.4 1.6 4.9 6.5 140.2 148.4 1.1 77.3 5.5 9.8 18.7 16.7 6.4 3.0 3.0 9.7 6.9 2.9 2.9 9.5 32.6 -


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