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Ghareb’s Diary and Trading Log

Posts Tagged ‘Egypt Sectors’

Egyptian Exchange Weekly Wrap 7-9 OCT 08

Posted by Ghareb on October 10, 2008

The Meltdown Week

mtrx081009

no one want to talk about this 3 days, after long holiday the market open lower and tumbled -19.71%, of course the GDRs of london are the leaders and as you see the construction sector tumbled -26.49% then the real estate -22.78%

the defenders sectors still the best here

now the major question is: Are we bottoming or not yet?!

we will check this today’s night

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Egyptian Exchange Weekly, September 08 Wrap

Posted by Ghareb on September 30, 2008

 

EGX

The week has two days only cuz the holidays which will continue until the next Tuesday MON 6 October, the market will begin again in Tuesday 7 October 08

so, if we look at the monthly wrap, it was a very bad month, Market Cap lost -15.71%

sectors: The worst Was Telecommunication which contain 3 stocks only and all of them are blue chips, the sector plummet this month cuz the Orascom Telecom ORTE.CA bad fundamentals and management, and bad earnings results

the next in the worst list is the Basic Resources which also consist of some of the market blue chips like Al Ezz Steel ESRS.CA

and so on

the best sector (LOL) was the chemicals which dropped only -5.76%

Notes:

  1. this month is the 5th month that made Lower Low
  2. the market now resting in the Brach zone (it’s lower band 6100 and higher band 7400), this area usually serves as bouncing area or a trend continuation and will face a heavy accumulation at it’s boundaries with great congestion
  3. on the weekly chart the market resting on the Major 200MA, on the daily chart it’s under it by -30%
  4. also another funny point, the market resting under the second MA by aprox. -20% on both daily and weekly
  5. The monthly price resting on the Third main MA
  6. the price acceleration provide huge divergence on the price

those were some points we noticed with quick review to the weekly data

if those points proved by the price then I will begin the great accumulation in the 40 favored stocks and in the main portfolio

let’s see how it develops?

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Egyptian Exchange Weekly Wrap 21-25 SEP 08

Posted by Ghareb on September 26, 2008

MTRX_EGX

another correction week with lighter liquidity, the market drop -1.71% and some sectors outperformed this week like the chemicals, the foreign investors power selling do everything and even the local institutional cant help this market, wait for bounce after the bailout meeting decision today

Volume Leaders

Stock Last % change % Vol
MCQE.CA 78.00 5.05% 258%
EGAL.CA 48.35 -22.05% 231%
OCIC.CA 311.00 2.57% 87%
AFDI.CA 37.78 2.08% 75%
SVCE.CA 9.70 -12.53% 62%
NRPD.CA 31.53 1.71% 55%
SWDY.CA 100.06 4.46% 53%
ETRS.CA 55.50 17.46% 40%

Best and Worst Performers

Stock % CHG VOL
TRTO.CA 55.65% -82%
MOIN.CA 34.87% -60%
AMRI.CA 25.62% -99%
PACH.CA 21.59% -89%
AREHA.CA 19.93% -90%
ICID.CA 19.40% -75%
RREI.CA 17.57% -52%
ETRS.CA 17.46% 40%
ROTO.CA 16.74% -59%
TORA.CA 14.76% 10%
HDBK.CA 14.34% -8%
SNFC.CA 13.75% -49%
EGAS.CA 10.88% -70%
INFI.CA 10.53% -69%
OLGR.CA 10.46% -52%
Stock % CHG VOL
AALR.CA -43.78% -84%
ECMI.CA -26.90% -91%
AJWA.CA -25.21% -91%
PRCL.CA -22.88% -23%
FOAM.CA -22.58% -95%
EGAL.CA -22.05% 231%
IFAP.CA -19.15% -52%
EPCO.CA -17.95% -29%
MENA.CA -16.13% -71%
OCDI.CA -14.35% -70%
GMCI.CA -13.49%
IDEA.CA -13.33% -7%
KZPC.CA -12.62% -60%
SVCE.CA -12.53% 62%
ACRO.CA -11.08% -71%

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Egyptian Exchange Weekly Wrap, 7-11 SEP 08

Posted by Ghareb on September 11, 2008

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

EGX080911

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

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Egyptian Exchange Weekly Wrap 31/8-4/9

Posted by Ghareb on September 4, 2008

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

EGX_table

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%

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

Posted by Ghareb on August 29, 2008

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

EGX_table

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%

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Egyptian Exchange Weekly Wrap 17-21 Aug08

Posted by Ghareb on August 22, 2008

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

EGXMTRX

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  Big Grin

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Egypt Exchange Wrap: Price Performance

Posted by Ghareb on August 1, 2008

mtrx

sorted by One Week Change

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Egyptian Exchange Weekly Wrap 2

Posted by Ghareb on July 26, 2008

24JulyMTRX

as we see in the performance sheet the rebound done in the last session and the best sectors were Travel, Basic Resources, ..

the Worst were Household, Real estate

the large caps dropped in the last session and this was strange!!

the market give many weekly signals, some strong some bad, the last week still have EFIC, and new addition to AUTO and only one liquidation in ETRS

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Egypt Stock Market Wrap 13-17 July08

Posted by Ghareb on July 17, 2008

Performance table

MTRX

the market begin to consolidate in this area (-10% under the main MA) if you remember the spread posts, the market run the first 3 sessions and then dropped the last two with visible bidders,

yes they are delicious prices now but the greed want more and more drop are coming in some stocks to consolidate in accumulations areas

you can notice the activity in stocks priced in USD and this cuz the decline of the US Dollar this week

the consolidation begins this week and can live for some months

Volume Leaders

Stock Last % change % Vol Notes
NRPD.CA 40.88 25.40% 466%
PIOH.CA 17.30 -21.36% 339%
LCSW.CA 27.52 -12.63% 200%
AGIN.CA 1.16 -10.77% 132% OTC
UNIP.CA 61.00 6.49% 108%
CSAG.CA 22.00 -15.58% 106%
PACH.CA 50.00 -2.57% 86%
$MAPS.CA 6.75 8.70% 78%
OCDI.CA 132.21 -6.57% 75%
SNFI.CA 56.49 -3.44% 69%
SWDY.CA 143.00 2.14% 67%
EHDR.CA 8.12 -11.93% 63%
$AIVC.CA 1.17 -2.50% 63%
ALCN.CA 187.01 -18.69% 61%
MPCO.CA 31.85 -12.14% 55%
$NAHO.CA 1.35 9.76% 41%

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