1. QE Intra-Day Movement
Market Indicators
11,900
11,880
11,860
20 Feb 14
%Chg.
502.2
625,301.2
10.4
5,498
40
14:24
764.3
623,914.0
19.0
6,415
40
23:14
(34.3)
0.2
(45.3)
(14.3)
0.0
–
Market Indices
11,840
11,820
9:30
23 Feb 14
Value Traded (QR mn)
Exch. Market Cap. (QR mn)
Volume (mn)
Number of Transactions
Companies Traded
Market Breadth
10:00
10:30
11:00
11:30
12:00
12:30
13:00
Qatar Commentary
The QE index rose 0.1% to close at 11,885.8. Gains were led by the Telecoms
and Industrials indices, gaining 1.2% and 0.5% respectively. Top gainers were
Gulf Warehousing Co. and Qatar National Cement Co. rising 3.3% and 3.1%
respectively. Among the top losers, Widam Food Co. fell 10.0%, while Qatar
Cinema & Film Distribution Co. declined 5.4%.
Close
Total Return
All Share Index
Banks
Industrials
Transportation
Real Estate
Insurance
Telecoms
Consumer
Al Rayan Islamic Index
1D%
WTD%
YTD%
TTM P/E
17,098.55
2,964.20
2,859.97
3,939.67
2,094.99
2,071.49
2,809.32
1,647.43
6,803.53
3,393.22
0.1
0.1
(0.1)
0.5
(0.4)
(0.2)
(2.2)
1.2
0.3
0.2
0.1
0.1
(0.1)
0.5
(0.4)
(0.2)
(2.2)
1.2
0.3
0.2
15.3
14.6
17.0
12.6
12.7
6.1
20.3
13.3
14.4
11.8
N/A
14.4
14.6
14.9
14.2
14.2
6.8
22.2
26.1
17.5
GCC Commentary
GCC Top Gainers##
Exchange
Saudi Arabia: The TASI index rose 0.4% to close at 9,023.4. Gains were led
by the Hotel & Tour. and Telecom. & Info. Tech. indices, rising 1.6% and 1.5%
respectively. Saudi Mark. rose 10.0%, while Amanah Coop. Ins. was up 9.8%.
Arab Banking Corp.
Bahrain
Saudi Enaya Coop. Ins.
Saudi Arabia
Dubai: The DFM index declined 1.4% to close at 4,122.9. The Services and
Investment & Financial Services indices fell 2.9% each. International Financial
Advisors and National General Insurance Co. declined 10.0% each.
United Real Estate Co.
Nat. Mobile Telecom.
Abu Dhabi: The ADX benchmark index fell 0.9% to close at 4,871.6. The Real
Estate index declined 2.7%, while the Energy index was down 2.5%. National
Takaful Co. fell 6.21%, while Sharjah Cement & Ind. Dev. Co. was down 5.7%.
IFA Hotels & Resorts
GCC Top Losers
Exchange
Kuwait: The KSE index declined 0.1% to close at 7,728.1. The Technology
index fell 1.1%, while the Banking index was down 0.7%. Kuwait Hotels Co.
declined 7.3%, while Jeeran Holding Co. was down 7.1%.
Drake & Scull Int.
Dubai
1.66
(7.3)
47,694.0
15.3
Mobile Telecom.
Kuwait
0.64
(5.9)
2,402.2
(7.2)
Oman: The MSM index declined 0.4% to close at 7,136.9. Losses were led by
the Financial and Industrial indices, falling 0.6% and 0.5% respectively.
National Aluminium Products fell 3.2%, while Global Fin. Inv. was down 2.8%.
Investbank
Abu Dhabi
3.27
(5.2)
2.5
21.6
Aamal Co.
Qatar
14.39
(4.8)
152.5
(4.1)
Qatar Gen. Ins. & Rein.
Qatar
47.50
(4.1)
3.0
(0.8)
Bahrain: The BHB index gained 0.8% to close at 1,376.2. The Investment
index rose 3.0%, while the Commercial Banking index was up 0.2%. Arab
Banking Corp. gained 9.4%, while Khaleeji Commercial Bank was up 8.5%.
Gulf Warehousing Co.
Qatar National Cement Co.
Close*
1D%
Vol. ‘000
YTD%
43.50
Qatar Exchange Top Gainers
3.3
30.1
4.8
82.6
(0.8)
##
Close#
1D%
0.53
9.4
804.8
40.0
42.30
5.7
5,313.2
5.0
Kuwait
0.12
5.2
1,954.9
3.4
Kuwait
1.92
4.3
1.1
9.1
Kuwait
0.26
4.0
1.2
(8.8)
#
Close
Vol. ‘000
1D% Vol. ‘000
YTD%
YTD%
Source: Bloomberg (# in Local Currency) (## GCC Top gainers/losers derived from the Bloomberg GCC
200 Index comprising of the top 200 regional equities based on market capitalization and liquidity)
Close*
1D%
Vol. ‘000
YTD%
Widam Food Co.
45.90
(10.0)
539.4
(11.2)
Qatar Cinema & Film Distribution
40.50
(5.4)
0.2
1.0
Qatar Exchange Top Losers
118.00
3.1
Zad Holding Co.
72.40
2.0
2.9
4.2
Aamal Co.
14.39
(4.8)
152.5
(4.1)
Industries Qatar
197.00
1.5
490.6
16.6
Qatar General Ins. & Rein. Co.
47.50
(4.1)
3.0
(0.8)
Ooredoo
154.90
1.5
97.2
12.9
Qatar Insurance Co.
65.00
(2.3)
40.2
22.2
Close*
1D%
Vol. ‘000
YTD%
Qatar Exchange Top Val. Trades
Close*
1D%
Val. ‘000
YTD%
Salam Int. Investment Co.
14.00
(0.8)
2,112.5
7.6
Industries Qatar
197.00
1.5
96,405.6
16.6
Vodafone Qatar
12.40
(0.5)
1,429.3
15.8
Qatar Fuel Co.
333.00
1.2
37,096.4
17.2
Barwa Real Estate Co.
32.70
0.3
928.4
9.7
Barwa Real Estate Co.
32.70
0.3
30,193.9
9.7
Widam Food Co.
45.90
(10.0)
539.4
(11.2)
Salam Int. Investment Co.
14.00
(0.8)
29,406.3
7.6
Qatar Gas Transport Co.
22.00
(0.5)
537.0
8.6
194.40
(0.3)
27,881.5
13.0
Qatar Exchange Top Vol. Trad.
Source: Bloomberg (* in QR)
Source: Bloomberg (* in QR)
Regional Indices
Qatar*
Dubai
Abu Dhabi
Saudi Arabia
Kuwait
Oman
Bahrain
QNB Group
Close
1D%
WTD%
MTD%
YTD%
11,885.78
4,122.88
4,871.57
9,023.42
7,728.07
7,136.89
1,376.19
0.1
(1.4)
(0.9)
0.4
(0.1)
(0.4)
0.8
0.1
(1.4)
(0.9)
0.4
(0.1)
(0.4)
0.8
6.5
9.3
4.2
3.0
(0.4)
0.7
6.3
14.5
22.3
13.5
5.7
2.4
4.4
10.2
Exch. Val. Traded
($ mn)
137.91
395.93
157.56
1,873.36
47.61
18.40
1.38
Exchange Mkt.
Cap. ($ mn)
171,707.7
83,193.7
135,380.9
493,769.5
112,088.6
25,538.6
51,755.9
P/E**
P/B**
15.2
17.7
13.1
18.1
16.1
11.0
9.7
2.0
1.5
1.6
2.2
1.2
1.6
1.0
Dividend
Yield
3.9
2.0
3.7
3.3
3.7
3.6
3.5
Source: Bloomberg, Qatar Exchange, Tadawul, Muscat Securities Exchange, Dubai Financial Market and Zawya (** TTM; * Value traded ($ mn) do not include special trades, if any)
Page 1 of 5
2. Qatar Market Commentary
The QE index rose 0.1% to close at 11,885.8. The Telecoms and
Industrials indices led the gains. The index rose on the back of
buying support from non-Qatari shareholders despite selling
pressure from Qatari shareholders.
Gulf Warehousing Co. and Qatar National Cement Co. were the
top gainers, rising 3.3% and 3.1% respectively. Among the top
losers, Widam Food Co. fell 10.0%, while Qatar Cinema & Film
Distribution Co. declined 5.4%.
Overall Activity
Buy %*
Sell %*
Net (QR)
Qatari
61.32%
76.01%
(73,806,460.48)
Non-Qatari
38.68%
23.99%
73,806,460.48
Source: Qatar Exchange (* as a % of traded value)
Volume of shares traded on Sunday fell by 45.3% to 10.4mn
from 19.0mn on Thursday. Further, as compared to the 30-day
moving average of 12.7mn, volume for the day was 18.1% lower.
Salam International Investment Co. and Vodafone Qatar were
the most active stocks, contributing 20.3% and 13.8% to the total
volume respectively.
Earnings
Earnings Releases
Company
Gulf Pharmaceutical
Industries (Julphar)*
Fujairah Cement Industries
Co (FCI)*
Revenue
(mn) 4Q2013
% Change
YoY
Operating Profit
(mn) 4Q2013
% Change
YoY
Net Profit (mn)
4Q2013
% Change
YoY
AED
1,362.07
15.4%
–
–
230.36
14.9%
AED
588.22
3.3%
–
–
-12.19
NA
Market
Currency
Abu Dhabi
Abu Dhabi
Source: Company data, DFM, ADX, MSM (*FY2013 results)
News
Qatar
GISS reports QR217.8mn net profit in 4Q2013 – Gulf
International Services (GISS) reported a net profit of
QR217.8mn in 4Q2013, an increase of 31.1% QoQ. Net profit
for 2013 amounted to QR677mn, rising 45.8% YoY. Revenue
rose by 5.6% QoQ to QR607.3mn, while it rose by 46.2% YoY to
QR2,301.7mn in 2013. EPS amounted to QR4.55 in 2013 as
compared to QR3.12 in 2012. GISS board of directors has
proposed an annual dividend distribution of QR2 per share and
25% bonus shares. Delving into details, GISS posted annual
revenue of QR2.3bn up 47.1% YoY and 18.1% above their own
guidance (2013 budget). Revenue in the drilling segment was
QR912.2mn, up 46.3% YoY. This performance was driven
largely by the offshore sector, which contributed QR181.0 million
of additional revenue compared to last year, and can be further
attributed to the deployment of Al-Jassra and Leshat (previously
referred to as „B-341‟) offshore rigs in the second and fourth
quarters of 2013 respectively, and the roll-over of three other
rigs, Al-Doha, Al-Zubarah and Al-Rayyan, on new, higher rate
contracts. Additional contributions to the overall revenue
improvement came from the two land rigs, GDI-5 and GDI-6,
which completed their first full year of operation, and the lift boat,
Dixie Patriot, that commenced operations in the early part of
2013. QoQ, the results were higher by QR52.8mn, primarily due
to the deployment of the Leshat rig. Aviation segment revenue
touched QR618.5mn, up 20.4% YoY. A number of factors
contributed to this increase on last year: revised contract rates,
an increase in the number of helicopters in the fleet (2013, Q4:
45 helicopters versus 2012, Q4: 42 helicopters) in operations in
a number of new territories. The group‟s insurance subsidiary
registered gross insurance revenue of QR707.0mn, a growth of
13.2% YoY. The main contributor to this growth was the medical
line of business, as an additional 15,000 members joined Al
Koot Global Care Medical Insurance Scheme during the year.
The medical line of business has now grown on average by an
annual average of ~20% per year since 2009, and now
contributes ~33.9% of Al Koot‟s annual revenue. Results in the
core Energy line showed a growth of 5.1%, in line with Qatar
Petroleum‟s reduced capital expenditure activity. Revenue was
up on the last quarter by QR8.5mn, or 4.7%, mainly due to an
increase in net commission income in the Energy insurance
business. The Catering segment (Amwaj) was the largest
contributor to group revenue, accounting for QR976.9mn, or
42.4%; it was up 123.8% YoY following its acquisition on June 1,
2012; the growth was also due to the expansion of the core
industrial catering and manpower contracting services to almost
100 projects throughout Qatar. On a quarterly basis, Amwaj‟s
performance was strong with revenue increasing by 10.0%. (QE,
GISS Press Release)
KCBK gets nod to hike foreign ownership to 49% – Al Khalij
Commercial Bank (KCBK) has received approval from its
shareholders to increase the foreign ownership limit to 49% from
the current 25%. The bank is not only planning to raise funds
through specific private placements, but also seeking bigger
contribution from its Paris-based subsidiary, Al Khaliji France.
KCBK‟s Chairman & Managing Director Sheikh Hamad bin
Faisal Thani al-Thani said that higher foreign ownership limit
allows the bank to open up to international investors and
increase the liquidity of its shares. He said the bank had
reviewed its foreign ownership limit to qualify for the inclusion in
the MSCI Index, once Qatar gets upgraded to the emerging
market status. KCBK shareholders also approved its board's
proposal to distribute 10% cash dividend of the shares nominal
value (QR1.00 per share) for the year ended 31 December 2013
(Gulf-Times.com, QE)
QTA: $45bn to be spent on tourism by 2030 – The Qatar
Tourism Authority‟s (QTA) Chairman Issa bin Mohamed alMohannadi disclosed that up to $45bn will be spent to boost
tourism in Qatar by 2030 in anticipation of around 7mn
international travelers visiting the country every year. Tourism
currently accounts for 1% of Qatar‟s GDP, which is one of the
highest in the world, while its contribution to global GDP has
reached 9.3%. Tourism is expected to grow four fold, boosting
Qatar‟s GDP by up to 3% by 2030. For the first time in 2012, the
Page 2 of 5
3. number of tourists that travel across international borders
reached 1bn with Qatar receiving up to 1.2mn. Al-Mohannadi
asserted that focusing on tourism would enable Qatar to
improve its infrastructure and visitor facilities and services. He
described the target of welcoming more than 7mn tourists a year
as “the cornerstone” of the QTA‟s National Tourism Strategy,
pointing out that the figure was a seven-fold increase from the
current number. (Gulf-Times.com)
Qatar trade surplus shrinks 7% YoY QR33.92bn in
December – A double-digit growth in imports and lower exports
led Qatar report 7% YoY shrinkage in trade surplus to
QR33.92bn in December 2013. According to the preliminary
estimates of the Ministry of Development Planning and Statistics
(MD&PS), the energy-rich Gulf country‟s total exports (valued
free-on-board) fell 3% to QR43.32bn, mainly on a double-digit
fall in shipments to South Korea and India. Japan continued to
be the top destination of Qatar‟s exports, followed by South
Korea, China, India and Singapore. However, Qatar‟s re-exports
surged 52% to QR0.6bn during the review period. The country‟s
total exports of domestic products shrank 3% to QR42.72bn in
December, mainly on lower shipments of gas and non-crude
products as well as other commodities; even as crude were on
the rise. Qatar‟s exports of petroleum gases and other gaseous
hydrocarbons (liquefied natural gas, condensates, propane and
butane) fell 2% to QR27.65bn, non-crude petroleum oils and oil
obtained from bituminous minerals by 6% to QR2.44bn and
other commodities by 17% to QR4.93bn. However, crude
petroleum exports expanded 7% to QR7.69bn. (GulfTimes.com)
Barwa project first phase to house 24,000 workers – Barwa
Real Estate‟s Project Manager Engineer Abdulla Hiji said that
the company‟s mega project Barwa Al Baraha will be ready to
accommodate 24,000 workers in 32 residential buildings by
3Q2014. Hiji said that Barwa Al Baraha extends over 1.8mn
square meters, with a total planned capacity of accommodating
53,000 workers. He added that the company has signed a MoU
with Qatar Navigation, while other companies such as Qatar
Airways, Qatari Diar and QDVC have shown interest. (GulfTimes.com)
International
G20 aims to lift GDP by another 2% in five years – The
world‟s largest economies have set a target of adding more than
$2tn to the global economy over the next five years, signaling
optimism following years of crisis-era austerity. Finance
ministers and central bankers at the G20 meeting in Sydney
said they would take concrete action to increase investment,
boost employment and promote competition. The G20 group of
countries accounts for around 85% of the global economy.
Australian Treasurer Joe Hockey hailed the announcement as a
new dawn for cooperation in the G20. He also said the G20 is
putting a real number to achieve for the first time, aiming to add
over $2tn more in economic activity and tens of millions of new
jobs. (The Telegraph, Peninsula Qatar)
BoE not to take risks with UK recovery – The Bank of
England‟s (BoE) Governor Mark Carney said a new phase of
forward guidance has been introduced to give assurance that
officials will support the economic rebound. Carney said that
BoE will not take risks with the UK‟s economic recovery. He
added that BoE is going to set the path of monetary policy in a
way that ensures that a sustainable growth is seen in jobs,
income and spending. Carney said the revised framework for
forward guidance introduced earlier this month reflects the need
for a more complex set of judgments than was needed in the
first phase, where there was a single link to the unemployment
rate. The bank changed its approach after the jobless rate fell
faster than forecast toward a 7% threshold for considering an
interest-rate increase. (Bloomberg)
ECB prepared for stimulus if deflation risks rise – The
European Central Bank‟s (ECB) President Mario Draghi said
that policy makers are ready to add more stimulus if the outlook
for prices deteriorates, though there are currently no signs of
deflation in the Eurozone. Draghi said that ECB does not find
any evidence of people postponing their expenditure plans with
a view to buying the same thing at lower prices. He added that
ECB is aware of the deflation risk and its Governing Council is
willing to take any action in case these risks were to gain
strength. (Bloomberg)
US urges Ukraine to begin IMF discussions soon – The US
Treasury Secretary Jack Lew has appealed Ukraine to begin
discussions with the International Monetary Fund (IMF) for an
assistance package as soon as possible once a transitional
government is in place in Kiev. Lew said, the US along with
Europe and others in the international community is ready to
supplement an IMF program to cushion the impact of harsh
reforms on low-income Ukrainians. (Reuters)
Regional
SEC: No plans to rely on solar energy for power – The Saudi
Electricity Company (SEC) stated that the cost of solar energy is
currently too high to replace traditional methods of energy
production. SEC‟s Chief Executive, Zeyad Al-Sheha said that
electricity production from fossil fuel currently costs seven halala
per kilowatt-hour (kwh), compared to 50 halala per kwh from
solar energy. SEC currently uses 2mn bpd to generate electricity
and would not stop using oil any time soon. (GulfBase.com)
UAE Central Bank’s board to review reports – The Central
Bank of the UAE has reviewed numerous reports during its
recent board meeting and has approved applications from
various banks and financial institutions for the extension of
activities and opening new branches. The board reviewed a
report on the study of money changing business project, along
with a report on the preparation of an IT strategy for the central
bank and the actions taken so far. Further, the board reviewed a
report on systemic prudential ratios for the banking system,
banking stability, and liquidity indicators of the banking sector,
submitted by the Monetary Policy & Financial Stability
Department. (GulfBase.com)
Deloitte ranks LuLu as fastest growing retailer – Deloitte
ranked UAE-based LuLu Group 11th in a list of the biggest
growing retail businesses over a five-year period. The list
included the world‟s 250 biggest names in the sector. Emerging
market retailers accounted for more than half (26) of the world‟s
top 50 fastest growing retailers. Deloitte said that LuLu has
averaged a CAGR of around 25% between 2007-2012. LuLu,
with revenues exceeding $4.5bn in 2012, has been ranked
197th in the Global 250 list. The company plans to open 42 new
Lulu Hypermarkets in the next two years, with 7 outlets in the
UAE, 6 in Oman, 4 each in Qatar, Kuwait, 3 each in Bahrain,
Egypt and 15 in Saudi Arabia. (GulfBase.com)
Dubai’s food trade jumps to AED46bn in 9M2013 – According
to the data compiled by Dubai Exports, Dubai‟s local food trade
strikes a healthy balance between imports, exports and reexports, in addition to targeting new export markets. Dubai‟s
total foreign trade in food products during 9M2013 rose to
AED46bn from AED43bn in 9M2012, with imports increasing to
AED31-32bn. Further, exports and re-exports rose from AED1214bn between the corresponding periods. In this, the value of
Page 3 of 5
4. exports aided by Dubai Exports saw a 114% rise from
AED605mn to AED1.3bn. (GulfBase.com)
the distribution of a cash dividend of 20 baisas per share for the
year ended December 31, 2013. (MSM)
DED: Stability boosts business outlook in Dubai – According
to a quarterly survey by the Department of Economic
Development (DED), around 97% businesses expect their sales
to rise or remain steady in 1Q2014, as compared to 96% in
4Q2013 and 94% in 4Q2012. A total of 502 companies in Dubai
were covered in the survey that was conducted between
October to December 2013. The Composite Business
Confidence Index for 4Q2013 rose to 144.3 points, up 8.4 points
from 4Q2012 and the 141.6 points recorded in 3Q2013. The
overall business outlook for 1Q2014 also improved with 63%
businesses foreseeing better business conditions as against
58% for 4Q2013. (GulfBase.com)
ABG’s net profit rises 9% to $144.5mn – Al Baraka Banking
Group‟s (ABG) net profit increased by 9% to $144.5mn in 2013
as compared to $133mn in 2012. Total operating income grew
to $909.5mn in 2013 as compared to $879.8mn in 2012. Total
assets at the end of 2013 stood at $21bn, up 10% from $19bn a
year earlier. The bank‟s EPS stood at $13.90 as of December
31, 2013 as against $12.79 a year earlier. (Bahrain Bourse)
Nakheel initiates repayment of AED2.35bn bank debt –
Dubai-based developer Nakheel has initiated early repayment of
bank debts worth AED2.35bn ($639.8mn), nearly 18 months
ahead of their maturity in September 2015. Till now, the
company has accumulated bank debts worth AED6.8bn, while
building ambitious mega projects such as the Palm Island off
Dubai's coast. (Reuters)
UNB reports AED1,743mn net profit in 2013 – The Union
National Bank (UNB) has reported a net profit of AED1,743mn in
2013 as compared to AED1,600mn in 2012. The bank‟s net
interest income grew to AED2,270mn in 2013 as against
AED2,188mn in 2012. EPS amounted to AED0.62 at the end of
2013 as compared to AED0.56 a year earlier. Total assets stood
at AED87.5bn for the year ended December 31, 2013 as
compared to AED87.1bn a year earlier. Net loans & advances
grew to AED60bn in 2013 as against AED57bn in 2012, while
customer deposits stood at AED65bn as compared to AED63bn.
(ADX)
SCIDC’s BoD recommends 5% cash dividend – Sharjah
Cement & Industrial Development Company‟s (SCIDC) board of
directors has recommended the distribution of 5% cash dividend
to its shareholders for the year ended December 31, 2013.
(ADX)
Julphar’s BoD recommends 10% dividends, bonus shares –
Gulf Pharmaceutical Industries‟ (Julphar) board of directors has
recommended the distribution of 10% cash dividends and 10%
bonus shares to its shareholders. (ADX)
Burgan Bank’s Q4 net profit slumps – Kuwait-based Burgan
Bank reported a big drop in its 4Q2013 net profit, with its fullyear earnings also significantly lower than the previous period.
The bank, 58% owned by conglomerate Kuwait Projects
Company, made a net profit of KD2.52mn 4Q2013. This
compares poorly with KD9.22mn in the corresponding period of
2012. Burgan Bank reported a net profit of KD20.1mn in 2013,
63.8% lower YoY. This was due to the bank reporting a
KD10.3mn loss in the 3Q2013. Meanwhile, the bank said it is
recommending a cash dividend of 7 fils per share and a 7%
bonus share issue for 2013. (Reuters)
CBO declares results of OMR287mn certificates of deposit –
The results of certificates of deposit tender held at the Central
Bank of Oman (CBO), with the allotted amount of OMR287mn
for the Issue No 855, have been declared. CBO stated that the
average interest rate of these certificates was 0.13%, while the
maximum accepted interest rate was also 0.13%. The tenor of
these certificates is 28 days with maturity date on March 19. The
Repo rate during February 19-25 stood at 1%. (GulfBase.com)
ATMI’s BoD proposes cash dividend – Al Jazeera Steel
Products Company‟s (ATMI) board of directors has proposed
Page 4 of 5
5. Rebased Performance
Daily Index Performance
180.0
170.0
160.0
150.0
140.0
130.0
120.0
110.0
100.0
90.0
80.0
0.5%
144.1
0.1%
0.0%
131.2
0.4%
(0.5%)
(0.1%)
(0.4%)
(1.0%)
(0.9%)
(1.5%)
S&P Pan Arab
Dec-13
S&P GCC
Source: Bloomberg
Asset/Currency Performance
Gold/Ounce
Silver/Ounce
Crude Oil (Brent)/Barrel (FM
Future)
Natural Gas (Henry
Hub)/MMBtu
North American Spot LPG
Propane Price
North American Spot LPG
Normal Butane Price
Euro
Source: Bloomberg
Close ($)
1D%
WTD%
YTD%
1,324.28
0.0
0.0
9.8
21.85
0.0
0.0
12.2
109.85
0.0
0.0
6.21
0.0
135.38
Global Indices Performance
Close
1D%
WTD%
YTD%
16,103.30
0.0
0.0
(2.9)
S&P 500
1,836.25
0.0
0.0
(0.7)
(0.9)
NASDAQ 100
4,263.41
0.0
0.0
2.1
0.0
43.1
STOXX 600
336.09
0.0
0.0
2.4
0.0
0.0
7.2
DAX
9,656.95
0.0
0.0
1.1
134.63
0.0
0.0
(1.4)
FTSE 100
6,838.06
0.0
0.0
1.3
DJ Industrial
1.37
0.0
0.0
0.0
102.51
0.0
0.0
(2.7)
GBP
1.66
0.0
0.0
0.4
MSCI EM
CHF
1.13
0.0
0.0
0.6
SHANGHAI SE Composite
AUD
0.90
0.0
0.0
0.7
USD Index
80.24
0.0
0.0
RUB
35.53
0.0
0.0
BRL
0.43
0.0
0.0
0.7
Yen
Dubai
May-13
Oman
Oct-12
Abu Dhabi
QE Index
Mar-12
Bahrain
Aug-11
Kuwait
Jan-11
(1.4%)
Qatar
(2.0%)
Saudi Arabia
Jun-10
0.8%
1.0%
170.8
CAC 40
Nikkei
4,381.06
0.0
0.0
2.0
14,865.67
0.0
0.0
(8.8)
959.26
0.0
0.0
(4.3)
2,113.69
0.0
0.0
(0.1)
HANG SENG
22,568.24
0.0
0.0
(3.2)
0.3
BSE SENSEX
20,700.75
0.0
0.0
(2.2)
8.1
Bovespa
47,380.24
0.0
0.0
(8.0)
1,315.54
0.0
0.0
(8.8)
Source: Bloomberg
RTS
Source: Bloomberg
Contacts
Saugata Sarkar
Ahmed M. Shehada
Keith Whitney
Sahbi Kasraoui
Head of Research
Head of Trading
Head of Sales
Manager - HNWI
Tel: (+974) 4476 6534
Tel: (+974) 4476 6535
Tel: (+974) 4476 6533
Tel: (+974) 4476 6544
saugata.sarkar@qnbfs.com.qa
ahmed.shehada@qnbfs.com.qa
keith.whitney@qnbfs.com.qa
sahbi.alkasraoui@qnbfs.com.qa
QNB Financial Services SPC
Contact Center: (+974) 4476 6666
PO Box 24025
Doha, Qatar
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offer, promotion or recommendation to buy or sell securities or other investments, nor is it intended to constitute legal, tax, accounting, or financial advice. We therefore strongly advise potential
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