TUE 15 SEP 09/25 Ramadan Wrap-up

finally the middle east markets agreed on something and closed green today except Doha Exchange and the best performer was TADAWUL, yeah it’s weird I know

today no position closed but three new positions triggered in: NCGC, CSAG, ECAP

now we’ve 12 active positions 4 MT and 8 ST, 6 in green and 6 in red

some stocks to watch for breakout and the modified weekly watch list

Egyptian Exchange Weekly WrapUp

 

we’ve a 11.17% run with 4.75B volume

many stocks rebound from the low and outperformed this week

the most gainers are UEGC.CA 85.95% from the constructions, ZEOT.CA 62.16% from the food, NASR.CA 44.91% from the industrials — mixed behavior everywhere

the volume leaders and the best performers are interesting this week

Stock Last % change % Vol EGSA.CA 2.74   9.60%   820% SAUD.CA 5.98   13.90%   728% NDRP.CA 8.35   19.29%   571% PACH.CA 30.45   5.04%   472% ELKA.CA 5.20   29.68%   430% HELI.CA 28.51   14.50%   415% SUCE.CA 21.70   3.33%   322% SMFR.CA 14.02   37.05%   293% IFAP.CA 13.60   11.66%   278% MICH.CA 8.14   29.21%   269% ECAP.CA 5.02   16.20%   263% SPIN.CA 1.52   44.76%   234% ZEOT.CA 1.80   62.16%   216% UNIT.CA 7.67   18.18%   201% RAYA.CA 4.69   3.99%   172% EMOB.CA 114.51   8.02%   169% EFIC.CA 31.20   23.32%   166% ESRS.CA 11.08   16.63%   165% SUGR.CA 22.23   5.71%   157% AFDI.CA 37.79   21.75%   155% SVCE.CA 5.84   13.40%   152% EGCH.CA 72.00   7.46%   152% KABO.CA 1.47   37.00%   149% UASG.CA 5.70   41.44%   138% ABRD.CA 8.12   10.45%   131% AFMC.CA 12.74   8.89%   118% COMI.CA 32.65   11.62%   117% CSAG.CA 11.07   41.56%   115% PHAR.CA 24.50   3.46%   113% ETEL.CA 15.60   15.56%   113% APSW.CA 3.33   25.66%   107% ALCN.CA 74.00   18.61%   101% UEGC.CA 2.25   86.00%   98% DCRC.CA 7.30   19.48%   98% MNHD.CA 31.50   24.02%   97%

Stock % CHG UEGC.CA 85.95% IEEC.CA 73.23% NCCW.CA 63.02% ZEOT.CA 62.16% MOSC.CA 50.44% NASR.CA 44.91% ELSH.CA 44.87% SPIN.CA 44.76% ELNA.CA 42.11% CSAG.CA 41.56% AREH.CA 41.51% UASG.CA 41.44% GGCC.CA 41.09% IRON.CA 40.63% KZPC.CA 38.46%

 

long list which contain many stocks types not only specified cap, interesting

our new portfolio outperformed this week and run +13.09% and beat the main market index

we will look later on the spread screen to see where the market now and from where it bounced this week to track our comment

Egypt & UAE Volumes, MON 22 SEP 08

Green Stocks with Green Volume:

EGX EXPA.CA     248% EGAL.CA     176% EAST.CA     151% EFIC.CA      124% EMOB.CA     123% SWDY.CA    104% EKHO.CA     103% CSAG.CA     67% RREI.OTC    50% GSSC.CA     49% ETRS.CA     47%

ADX ADAVIATION.ADX     492% ADCB.ADX               339% SOROUH.ADX           338% ALDAR.ADX              258% ETISALAT.ADX          247% GCEM.ADX               96% FGB.ADX                  69%

 

Red Stocks with Green Volumes:

EGX AIVC$.CA     80% AFDI.CA       57% OCDI.CA      45%

ADX ARKAN.ADX       368% RAKPROP.ADX   131% ADIB.ADX          114% WAHA.ADX         102% RAKWCT.ADX     94% DANA.ADX         88%

DFM DU.DFM           291% UPP.DFM          224% EMAAR.DFM      184% DIB.DFM           167% DFMC.DFM          124% TABREED.DFM   92% TAMWEEL.DFM   90% GULFNAV.DFM   76%

Egyptian Exchange Weekly Wrap 14-18 SEP 08 … II

to look at the volume leaders, the neglected Eastern Tobacco showed undeclared deal in the last session and ranked the first in the weekly turnover sheet

the rest sheet is interesting!

all of them are the market blue chips and we can consider this a good bottoming sign …

as we saw in the prior week wrap the worst performers were also the blue chips which suggested what happened in this week, this can be another great suggestion by this great counts and tools

I hate to say expect or anticipate, cuz I strongly believe in that: there is no expectation in the financial markets, only following or proceeding without any expectations and guesses, this is how I saw earn my living in this business and what made me smile on any view for any newbie and if there is any expectation in this business then it’s expectation of continuation of the current case (current trend) only and nothing more, no reversal expectation or anything like this ..!

The week Volume Leaders

Stock	Last		% change		% Vol
EAST.CA	261.00		-13.00%		1270%
EXPA.CA	19.32		-10.80%		252%
EMOB.CA	95.50		-20.42%		139%
ABUK.CA	210.00		-9.53%		136%
CSAG.CA	15.93		-24.18%		132%
EGTS.CA	3.00		-20.00%		110%
COMI.CA	39.53		-10.97%		100%
OCDI.CA	115.00		-8.73%		67%
ORTE.CA	39.98		-11.16%		64%
OLGR.CA	33.83		-26.46%		50%
OCIC.CA	303.21		-13.40%		48%

Top/Worst Performers Table

Top Performers Stock % CHG VOL MEDU.CA 0.50% -12% DARY.CA -2.57% -86% EPPK.CA -2.60% -77% MBSC.CA -2.86% -21% MCQE.CA -3.57% -93% MRCO.CA -4.04% 6% EKHO.CA -4.18% -22% CIEB.CA -4.29% 40% SKPC.CA -6.00% -75% ETEL.CA -6.17% 9% SDTI.CA -6.71% 38% AMRI.CA -7.38% -80% PHAR.CA -7.41% -90% EGSA.CA -7.81% -77% BISM.CA -7.84% -1%

Worst Performers Stock % CHG VOL SNFC.CA -38.22% -39% NCEM.CA -38.17% -100% WATA.CA -35.21% -100% ICID.CA -33.85% -46% AREHA.CA -31.82% -63% IRON.CA -31.74% -30% EGAS.CA -31.44% 8% AREH.CA -30.72% -54% WACE.CA -30.37% -66% AFDI.CA -30.18% -9% IEEC.CA -29.27% -28% AFMC.CA -29.15% -54% UASG.CA -29.08% -55% RREI.CA -28.84% -43% SMPP.CA -28.58% -95%

Egyptian Exchange Weekly Wrap 14-18 SEP 08 … I

as any market in the world this week, MENA stocks tumbled very bad but dislike the other markets they closed the week ugly

EGX crashed -13.55%, ADX -7.53%, DFM -7.89%, TADAWUL -9.11%

when you speak about sectors and stocks also dislike the Europe, Asia and USA markets, MENA markets completely affected with the bad news, the whole markets collapses as the blue chips doing and didnt act the same on any run LOL

to see this look at the Egypt Exchange which has only one Green stock this week!(MEDU.CA +0.5%, illiquid stock), and you will see this in the Top/Worst performance sheet

also to count the week facts: 11 stocks made All Time Low, 30 stocks closed at OneYearLow, 22 stocks closed @ TwoYearsLow, 4 stocks at ThreeYearsLow, 3 Stocks @ FourYearsLow, and one stock closed at FiveYearsLow

with all means it was a very bad week and the action done in the last two sessions!

in EGX the most bad sectors were:

Real Estates (-18.68%) and this of course by the market big caps TMGH.CA, HELI.CA, OCDI.CA etc

the Industrial sector (-17.81%) win this score SWDY.CA, ALCN.CA, AUTO.CA, CSAG.CA

and if we can say there were a top performer stocks this week, we can say it was the Healthcare (-6.11%), Chemicals (-9.87%)

the change table

Egyptian Exchange Weekly Wrap, 7-11 SEP 08

the week of no news, very quit week, the blue chip dropped slowly and the rest run!

the worst sector was the small telecom (-6.87) by the help of Orascom Telecom ORTE.CA and it’s bad news and downgrads and bad fair values, then come the banking sector (-5.12) and it’s bad outlook for the next year, today CIB Egypt (COMI.CA) tumbled -5.3% which drag the whole sector with it

the market itself witness -2.71% this week with bigger than average turnover

the best sector this week was the Food sector (+10.96%) cuz the high food prices in Ramadan and inflation rise

the real estate sector performed well too (+7.09%) and this on the contrary to the UAE real estate sector which collapsed badly this week, in egypt the sector run by Talaat Mustafa Group TMGH.CA and it’s news and the new chairman

The Volume Leaders

Stock	Last		% change		% Vol		Notes
MHOT.CA	130.00		36.91%		1210%		very illiquid
ACRO.CA	48.70		-3.37%		433%
$EGSA.CA	5.25		5.00%		378%		like MHOT
EGAL.CA	62.03		39.52%		315%
TMGH.CA	7.10		8.56%		227%		**
ABUK.CA	232.13		0.95%		181%
EXPA.CA	21.66		3.14%		181%
AMOC.CA	78.25		0.97%		174%
CSAG.CA	21.01		35.55%		161%
ALCN.CA	150.00		5.63%		141%
ROTO.CA	380.00		-1.76%		139%
ALUM.CA	60.90		25.83%		135%
SEIG.CA	85.52		-4.99%		111%
SCFM.CA	108.98		29.43%		90%
EGAS.CA	247.97		10.21%		84%
AREI.CA	108.00		-2.04%		81%
HDBK.CA	25.17		-2.82%		76%
NRPD.CA	38.25		25.41%		59%
RTVC.CA	8.86		6.62%		56%
$NANA.CA	21.05		-2.55%		55%
CEFM.CA	27.19		21.38%		54%
APSW.CA	6.36		18.88%		51%
SNFC.CA	72.85		7.61%		50%

the best and worst this week

Stock % CHG VOL EGAL.CA 39.52% 315% ICID.CA 38.75% -1% MHOT.CA 36.91% 1210% CSAG.CA 35.55% 161% NHPS.CA 34.57% 3% SCFM.CA 29.43% 90% EPCO.CA 27.32% -8% AICR.CA 26.57% -6% ALUM.CA 25.83% 135% NRPD.CA 25.41% 59% NIRE.CA 25.25% -93% AALR.CA 24.90% 4% GLAS.CA 24.20% -3% RREI.CA 24.12% -24% MOIN.CA 23.75% -86%

Stock % CHG VOL OLGR.CA  * -19.30% -8% AJWA.CA -13.68% -56% TRTO.CA -13.00% -99% OCDI.CA  * -10.64% -4% ORTE.CA  * -9.09% 33% ESRS.CA  * -7.34% -44% CANA.CA  * -6.75% -31% COMI.CA  * -5.53% -11% EMOB.CA  * -5.51% -2% EHDR.CA -4.90% 29% ELKA.CA -4.76% -59% HRHO.CA  * -4.73% 38% DARY.CA -4.60% -61% ETEL.CA  * -4.05% 33% SWDY.CA  * -3.85% -27%

as you see the worst stocks this week were the blue chips of the market (the starred symbols)

let’s see what the market show in the next week

the new portfolio performed very well this week +4.91%, the third week in row, very good start, I will past the week result in the journal blog now

Egyptian Exchange Weekly Wrap 31/8-4/9

very interesting week, tumbled in the first two sessions by the help of Hisham Talaat Mustafa arresting news and it’s stock blowing and rebound in the end sessions and closed +0.3%

many stocks outperformed this week and little number dropped

the worst sectors this week were: Telecoms, Basic Resources and Real estate

the last one has the murdering issue and the first going down by the bad news of Orascom Telecom bad earning release

the best sectors were the Financials +4.51%, Constructions +4.46%, Chemicals +3.92% which contain many of the blue chips of the market like OCIC.CA, HRHO.CA, EFIC.CA

The Volume Leaders and the Top/Worst Performers this week

Stock	Last		% change		% Vol		Notes
TMGH.CA	6.54		1.08%		370%		Vol: 216M
ACRO.CA	50.40		-3.08%		227%
$NAHO.CA	0.90		1.12%		222%
ABUK.CA	229.95		4.05%		153%
EGAL.CA	44.46		-0.71%		150%
AREI.CA	110.25		4.01%		146%
CSAG.CA	15.50		7.64%		103%
ALCN.CA	142.00		10.95%		97%
HDBK.CA	25.90		8.14%		86%
MBSC.CA	69.61		0.88%		83%
EHDR.CA	7.55		21.77%		69%
EGAS.CA	225.00		33.14%		63%
AFDI.CA	52.60		36.45%		60%
AREHA.CA	20.16		12.63%		41%

Stock % CHG VOL SNFC.CA 52.82% 9% SNFI.CA 47.23% -45% ABRD.CA 45.61% 40% AFDI.CA 36.45% 60% EGAS.CA 33.14% 63% MENA.CA 26.95% -25% AALR.CA 24.90% 4% EHDR.CA 21.77% 69% OLGR.CA 20.00% 39% NCCW.CA 19.91% -14% GIHD.CA 17.35% -23% IDEA.CA 15.08% -23% INFI.CA 14.88% -17% HCFI.CA 14.29% 21% SMPP.CA 13.62% -95%

Stock % CHG VOL SCAR.CA -14.92% -47% ORTE.CA -9.67% 29% CERA.CA -9.65% -66% ORWE.CA -8.89% -37% WACE.CA -7.54% -55% PPIS.CA -7.24% -79% EGBE.CA -7.14% -52% EGSA.CA -5.66% -27% ETEL.CA -5.18% -44% MOIN.CA -4.93% -87% ESRS.CA -4.65% -13% RTVC.CA -4.37% 21% SAUD.CA -4.18% -62% ESGI.CA -4.06% -89% AIVC.CA -4.04% 16%

Egyptian Exchange Weekly Wrap 24-28 AUG08, August 08 Wrap

the EGX outperformed this week, and begin a short term uptrend plotted on the daily TF

from the sectors view, there was only the Households sector which has a weak performance and witness a drop by -3.8%

the best performer sectors this week are: the basic resources which run 12.88% and the leaders of this up movement are the steel companies ESRS.CA and IRAX.CA from El Ezz Group

the next was Industrial Sector by it’s pennies and small caps ELEC.CA, GLAS.CA, ENGC.CA, ETRS.CA, SCAR.CA

then the chemicals sector was the third in the ranking by it’s large caps EFIC.CA, SKPC.CA, so the Construction sector by cements and the whole market leader OCIC.CA

the food sector also run at the last two sessions of the week by it’s majors SUGR.CA and the Mills stocks

the market itself closed @ 8375.24 with 4.92% from the last week 7982.74

on a monthly basis: August was a very bad month the market lost -9.47% this month, on a sector basis Travel sector was the worst one this week by -18.66%, the real estate -15.74%, the food sector by -15.22%, then the construction by -13.98%

finally the best performer was ofcourse the defender sector the Healthcare

the market turnover this week was heavy and aprox. 3.87B, many stocks from the best performers are also volume leaders

the volume leaders

Stock	Last		% change		% Vol		Notes
ACRO.CA	52.00		18.25%		685%		Construction
PACH.CA	47.90		-2.24%		587%		Construction
$EGBE.CA	2.80		15.70%		463%		Banks
CANA.CA	15.51		22.90%		391%		Banks
MCQE.CA	76.50		0.66%		296%		Construction
AJWA.CA	87.75		2.45%		189%		Food
HDBK.CA	23.95		11.55%		167%		Fin services
ENGC.CA	12.01		22.55%		132%		Industrial
ALCN.CA	127.99		12.27%		119%		Industrial
CSAG.CA	14.40		3.75%		111%		Industrial
FAIT.CA	27.00		-3.57%		96%		Banks
MBSC.CA	69.00		-7.26%		88%		Construction
AREI.CA	106.00		-3.65%		64%		Real Estate
ESRS.CA	25.57		20.70%		51%		Basic Resources
NSGB.CA	29.00		7.41%		44%		Banks

The market Worst and Best Performers

Stock % CHG VOL SCAR.CA 44.23% -52% PPIS.CA 35.71% -76% RREI.CA 34.58% -57% $TRTO.CA 26.05% -97% CERA.CA 24.21% -31% CANA.CA 22.90% 391% ENGC.CA 22.55% 132% AMES.CA 21.98% -35% ETRS.CA 21.27% 30% SCFM.CA 20.78% 22% ESRS.CA 20.70% 51% ACRO.CA 18.25% 685% WCDF.CA 18.13% 31% UNIP.CA 16.93% 36% ROTO.CA 16.83% -40%

Stock % CHG VOL WATA.CA -20.87% -54% AFDI.CA -17.93% 8% MFSC.CA -15.49% -7% EPCO.CA -13.57% -23% AIUR.CA -10.68% -40% SIMO.CA -8.65% -74% ORHD.CA -7.77% -98% MBSC.CA -7.26% 88% ICID.CA -6.68% -49% EGAS.CA -6.11% -17% NRPD.CA -4.88% 32% ACGC.CA -3.99% 6% PRCL.CA -3.96% -41% NCGC.CA -3.77% -42% AREI.CA -3.65% 64%

Egyptian Exchange Weekly Wrap 17-21 Aug08

EGX continue the strong downtrend without any weakness, the market dropped 2.92% this week, the foreign investors are the most seller, the worst sector this week was the basic resources sector which tumbled -22.08% with the help of it’s leaders El Ezz Steel ESRS.CA which closed with -17.6% drop

the next worst performer was the chemicals sector -11.37%, then the banks -10.15

there was only two sectors closed in green: the Financial services and the Healthcare, the Households closed almost flat by the help of it’s majors too

the market rebounds in the last session like the prior week too, the drop increased, in the last two weeks as you see the market tumbled 10.09%

The Volume Leaders

Stock	Last		% change		% Vol		Notes
$EGBE.CA	2.42		-2.42%		849%
MFSC.CA	7.23		-2.95%		226%
AIUR.CA	32.48		23.03%		120%
TMGH.CA	6.48		-0.77%		168%
MCQE.CA	76.00		1.06%		167%
AREI.CA	110.01		4.76%		141%
ROTO.CA	300.00		3.45%		74%
$EGSA.CA	5.00		-16.67%		84%
ENGC.CA	9.80		-24.27%		56%
CSAG.CA	13.88		-12.54%		32%

and the Top & Worst Performers

Stock % CHG VOL AIUR.CA 23.03% 200% SNFC.CA 9.98% -21% SIMO.CA 9.19% -77% ACGC.CA 7.18% 26% TOUR.CA 5.99% -87% ZMID.CA 4.78% -60% AREI.CA 4.76% 141% $TRTO.CA 4.39% -78% $AIVC.CA 4.26% 22% ROTO.CA 3.45% 74% HRHO.CA 3.43% -9% HELI.CA 2.91% 29% Best

Stock % CHG VOL PPIS.CA -30.00% -11% ESGI.CA -27.03% -94% ICID.CA -24.42% -69% ENGC.CA -24.27% 56% SCEM.CA -21.59% -46% PRCL.CA -20.51% -45% AGIN.OTC -18.09% -6% ESRS.CA -17.65% 28% RREI.CA -17.44% -80% IEEC.OTC -16.66% -14% SUCE.CA -16.56% 21% LCSW.CA -16.53% -84% Worst

All Time Low Stocks

Stock	% CHG	VOL
AREH.CA	-9.98%	-75%
AREHA.CA	2.36%	-52%
DEVE.CA	-5.38%	-53%
$NAHO.CA	-2.27%	-44%
RUBX.CA	-11.54%	-67%
TMGH.CA	-0.77%	168%

there is no all time high stock 

Egyptian Exchange: HFI Stocks Price Performance

I tried here to track the most liquid and working stocks in the market like the sectors performance table, I did this every week and was thinking to attach it here to ease of search

HFI constituents Price Performance

sorted by 1W change

• in one week the best performers were: ACGC.CA, SCEM.CA, ORWE.CA – sure you cant catch any of them except Arab Cotton this losy week regardless the cement, ACGC was the only clear entry
• in 2 Weeks there were:Sinai Cement SCEM and Telecom Egypt ETEL.CA – here I didnt saw any entry in the cement by I catched Telecom Egypt in my main account with 4 entries, in the new portfolio by two orders
• in Monthly basis we can see Sinai Cement too and GB Auto AUTO.CA, again the cement escaped from me too, and my portfolio loaded with Ghabour shares already (when your profit times from single stock cant be count on one hand, you fall in love with it and attach it to the eternal Watch List on the desktop)
• in three months view: there was EZZ ALDEKHELA IRAX.CA, SWDY.CA cables and Maridive MAPS.CA!, I saw the steel entry but didnt took it cuz it was very high (there was a breakout of the week high that gave this 10% profit), the cables SWDY.CA already taken with two separate trades(means each one entered and exit alone without addition, and MAPS was new listed company and I’m not interesting in the new stocks in EGX
• in 6 Months long I didnt took a trade with that long except in the old days when riding the big trend was the only method to profit from the Egyptian Exchange but if You watch you can see: EFIC.CA 54%, SVCE 18%, IRAX.CA 45%, ABUK.CA 18%, ORWE.CA 9% — I’m sure I haven’t any trade in ABUK or ORWE  neither SVCE.CA in the last 6 months, but EFIC Egy Financial I remember I were holding 19 positions in it in 20/5 and the liquidation began this week, I absorbed it trend very easily and happily, it was a great ride, EFIC has many memories with me, IRAX also I took a trade or two beside the mentioned above

interesting to see how your strategy success, and if it still or not!, this is what I mean by tracking, you can make it simpler by watching the best performers across 20 days only and see, did you catch any of them?, if many of them escaped, ask yourself why?!