Governor Olli Rehn: Dialling back monetary restraint
QNBFS Daily Market Report March 13, 2017
1. Page 1 of 6
QSE Intra-Day Movement
Qatar Commentary
The QSE Index rose 0.2% to close at 10,491.2. Gains were led by the Telecoms and
Insurance indices, gaining 0.9% each. Top gainers were Qatar General Insurance &
Reinsurance Co. and Doha Insurance Co., rising 3.1% and 1.8%, respectively. Among
the top losers Qatar Cinema & Film Distribution Co. fell 9.6%, while Al Khalij
Commercial Bank was down 4.6%.
GCC Commentary
Saudi Arabia: The TASI Index fell 1.2% to close at 6,834.1. Losses were led by the
Media and Utilities indices, falling 3.8% and 3.2%, respectively. Saudi United
Cooperative Insurance Co. fell 5.1%, while Bawan Co. was down 4.2%.
Dubai: The DFM Index declined 1.1% to close at 3,480.9. The Financial &
Investment Services index fell 3.6%, while the Real Estate & Construction index
declined 1.4%. Dubai Investments fell 6.5%, while Al Salam Bank was down 3.8%.
Abu Dhabi: The ADX benchmark index fell 0.5% to close at 4,436.4. The Services
index declined 1.2%, while Real Estate index fell 1.1%. National Marine Dredging
Co. declined 9.8%, while Al Buhaira National Insurance Co. was down 9.2%.
Kuwait: The KSE Index rose 0.5% to close at 6,742.0. The Financial Services index
gained 1.3%, while the Real Estate index rose 0.7%. Amwal International
Investment Co. gained 9.4%, while Equipment Holding Co. was up 8.2%.
Oman: The MSM Index fell 0.9% to close at 5,741.2. Losses were led by the
Financial and Industrial indices, falling 1.1% and 0.6%, respectively. Oman Textile
Holding fell 10.0%, while Asaffa Foods was down 9.9%.
Bahrain: The BHB Index gained 0.9% to close at 1,366.0. The Industrial index rose
8.4%, while the Commercial Banks index gained 0.7%. Aluminum Bahrain rose
8.8%, while Bahrain Commercial Facilities Co. was up 2.8%.
QSE Top Gainers Close* 1D% Vol. ‘000 YTD%
Qatar General Ins. & Reins. Co. 42.90 3.1 0.0 (8.7)
Doha Insurance Co. 17.40 1.8 1.0 (4.4)
Vodafone Qatar 9.06 1.7 1,572.5 (3.3)
Al Meera Consumer Goods Co. 173.50 1.5 11.5 (1.1)
Qatar Electricity & Water Co. 225.00 1.4 43.2 (0.9)
QSE Top Volume Trades Close* 1D% Vol. ‘000 YTD%
Vodafone Qatar 9.06 1.7 1,572.5 (3.3)
Barwa Real Estate Co. 35.05 0.4 899.5 5.4
Ezdan Holding Group 15.44 0.2 739.3 2.2
Qatar International Islamic Bank 69.00 (0.1) 714.9 9.9
Qatar First Bank 9.20 (3.2) 702.5 (10.7)
Market Indicators 12 Mar 17 09 Mar 17 %Chg.
Value Traded (QR mn) 360.8 337.2 7.0
Exch. Market Cap. (QR mn) 563,769.4 563,524.6 0.0
Volume (mn) 9.6 10.0 (3.8)
Number of Transactions 3,812 4,781 (20.3)
Companies Traded 41 42 (2.4)
Market Breadth 17:22 27:13 –
Market Indices Close 1D% WTD% YTD% TTM P/E
Total Return 17,283.67 0.2 0.2 2.4 15.4
All Share Index 2,935.04 0.1 0.1 2.3 15.0
Banks 3,012.34 (0.1) (0.1) 3.4 13.3
Industrials 3,363.67 0.2 0.2 1.7 19.7
Transportation 2,355.70 0.0 0.0 (7.5) 13.3
Real Estate 2,340.08 (0.0) (0.0) 4.3 15.4
Insurance 4,470.66 0.9 0.9 0.8 17.8
Telecoms 1,191.48 0.9 0.9 (1.2) 21.2
Consumer 6,327.23 (0.0) (0.0) 7.3 14.2
Al Rayan Islamic Index 4,095.75 0.2 0.2 5.5 16.5
GCC Top Gainers
##
Exchange Close
#
1D% Vol. ‘000 YTD%
Bank Al-Jazira Saudi Arabia 14.50 9.8 16,884.4 2.2
Aluminium Bahrain Bahrain 0.37 8.8 383.1 16.3
Nat. Mobile Telecom. Kuwait 1.22 3.4 11.8 1.7
Qatar Gen. Ins. & Reins. Qatar 42.90 3.1 0.0 (8.7)
United Electronics Co. Saudi Arabia 28.83 3.0 686.0 9.3
GCC Top Losers
##
Exchange Close
#
1D% Vol. ‘000 YTD%
Nat. Marine Dredging Abu Dhabi 4.50 (9.8) 1.6 4.7
Dubai Investments Dubai 2.32 (6.5) 24,766.5 (2.5)
Nat. Ind. Group Holding Kuwait 0.13 (5.8) 2,116.8 6.6
Jazeera Airways Co. Kuwait 0.57 (5.0) 150.0 (26.0)
Al Khalij Com. Bank Qatar 14.26 (4.6) 0.7 (16.1)
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)
QSE Top Losers Close* 1D% Vol. ‘000 YTD%
Qatar Cinema & Film Distribution 24.40 (9.6) 0.1 (11.1)
Al Khalij Commercial Bank 14.26 (4.6) 0.7 (16.1)
Qatar First Bank 9.20 (3.2) 702.5 (10.7)
National Leasing 16.95 (3.1) 574.4 10.6
Dlala Brokerage & Inv. Holding 22.90 (2.6) 328.5 6.6
QSE Top Value Trades Close* 1D% Val. ‘000 YTD%
QNB Group 148.50 (0.5) 63,220.5 0.3
Qatar International Islamic Bank 69.00 (0.1) 49,288.0 9.9
Ooredoo 101.00 0.8 32,188.9 (0.8)
Barwa Real Estate Co. 35.05 0.4 31,712.1 5.4
Masraf Al Rayan 41.20 1.2 21,908.2 9.6
Source: Bloomberg (* in QR)
Regional Indices Close 1D% WTD% MTD% YTD%
Exch. Val. Traded
($ mn)
Exchange Mkt.
Cap. ($ mn)
P/E** P/B**
Dividend
Yield
Qatar* 10,491.15 0.2 0.2 (2.0) 0.5 99.08 154,867.5 15.4 1.6 3.8
Dubai 3,480.92 (1.1) (1.1) (4.1) (1.4) 153.32 106,869.2 14.9 1.2 4.0
Abu Dhabi 4,436.43 (0.5) (0.5) (2.5) (2.4) 27.16 116,901.4 12.7 1.4 5.5
Saudi Arabia 6,834.06 (1.2) (1.2) (2.0) (5.2) 698.88 427,421.4 16.9 1.6 3.4
Kuwait 6,742.02 0.5 0.5 (0.6) 17.3 103.35 95,049.6 22.6 1.2 3.5
Oman 5,741.21 (0.9) (0.9) (0.7) (0.7) 14.14 23,032.7 11.0 1.1 5.0
Bahrain 1,366.00 0.9 0.9 1.2 11.9 13.14 21,846.5 8.8 0.8 4.7
Source: Bloomberg, Qatar Stock Exchange, Tadawul, Muscat Securities Exchange, Dubai Financial Market and Zawya (** TTM; * Value traded ($ mn) do not include special trades, if any)
10,400
10,450
10,500
10,550
9:30 10:00 10:30 11:00 11:30 12:00 12:30 13:00
2. Page 2 of 6
Qatar Market Commentary
The QSE Index rose 0.2% to close at 10,491.2. The Telecoms and
Insurance indices led the gains. The index rose on the back of buying
support from non-Qatari shareholders despite selling pressure from
Qatari and GCC shareholders.
Qatar General Insurance & Reinsurance Co. and Doha Insurance Co.
were the top gainers, rising 3.1% and 1.8%, respectively. Among the top
losers Qatar Cinema & Film Distribution Co. fell 9.6%, while Al Khalij
Commercial Bank was down 4.6%.
Volume of shares traded on Sunday fell by 3.8% to 9.6mn from 10.0mn
on Thursday. Further, as compared to the 30-day moving average of
10.0mn, volume for the day was 4.2% lower. Vodafone Qatar and Barwa
Real Estate Co. were the most active stocks, contributing 16.4% and
9.4% to the total volume, respectively.
Source: Qatar Stock Exchange (* as a % of traded value)
Earnings Releases and Earnings Calendar
Earnings Releases
Company Market Currency
Revenue (mn)
2016
% Change
YoY
Operating Profit
(mn) 2016
% Change
YoY
Net Profit
(mn) 2016
% Change
YoY
Saudi Printing and Packaging Co.* Saudi Arabia SR – – 6.0 -83.5% -34.9 N/A
Gulf Union Cooperative Ins. Co.* Saudi Arabia SR 277.4 23.3% – – 2.7 128.3%
Saudi Indian Co. for Coop. Ins. * Saudi Arabia SR 550.8 5.6% – – 4.3 3.5%
Gulf General Cooperative Ins. Co.* Saudi Arabia SR 255.2 -27.5% – – 4.3 N/A
Saudi Automotive Services Co.* Saudi Arabia SR – – 19.6 19.2% 26.2 40.4%
Source: Company data, DFM, ADX, MSM, TADAWUL (*FY2016)
Earnings Calendar
Tickers Company Name Date of board meeting No. of days remaining Status
MRDS Mazaya Qatar 14-Mar-17 1 Due
QFBQ Qatar First Bank 14-Mar-17 1 Due
AKHI Al Khaleej Takaful Insurance 14-Mar-17 1 Due
AHCS Aamal Company 15-Mar-17 2 Due
Source: QSE
Overall Activity Buy %* Sell %* Net (QR)
Qatari Individuals 38.63% 31.24% 26,653,445.08
Qatari Institutions 18.30% 42.90% (88,746,184.34)
Qatari 56.93% 74.14% (62,092,739.26)
GCC Individuals 0.78% 0.60% 622,591.61
GCC Institutions 1.15% 13.40% (44,224,225.57)
GCC 1.93% 14.00% (43,601,633.96)
Non-Qatari Individuals 7.36% 6.53% 3,024,419.59
Non-Qatari Institutions 33.79% 5.33% 102,669,953.63
Non-Qatari 41.15% 11.86% 105,694,373.22
3. Page 3 of 6
News
Qatar
QSE announces trading suspension in the shares of UDCD on
March 13 – Qatar Stock Exchange (QSE) announced trading
suspension of the shares of United Development Company
(UDCD) on March 13, 2017 due to its AGM being held on the
day. (QSE)
QSE announces the completion of the capital increase
subscription of CBQK’s unsubscribed shares – Qatar Stock
Exchange (QSE) announced the completion of the capital
increase subscription of Commercial Bank of Qatar’s (CBQK)
unsubscribed shares amounting to 3,792,314 shares. The sale
will start on March 14, 2017 and will be carried during the
official trading hours at the main market. (QSE)
Nakilat embarks on further expansion into global markets –
Qatar Gas Transport Company (Nakilat), which has grown from
just an LNG (liquefied natural gas) shipping company to a
comprehensive maritime service provider, has embarked on a
multi-pronged strategy to further its expansion into global
markets. The strategy was emboldened by its foray into repair
and construction operations at the Erhama Bin Jaber Al Jalahma
Shipyard as well as agency, towage and vessel support services,
Nakilat Chairman and Minister of Energy and Industry HE Dr
Mohamed bin Saleh al-Sada said to the shareholders at the
AGM that approved QR955mn net profit and QR1 per share cash
dividend. “In today’s increasingly volatile world economy, it is
a necessity for businesses to adapt to survive,” al-Sada said,
adding Nakilat’s strategic business planning and investments
have helped the company to grow beyond being just an LNG
shipper to a comprehensive maritime service provider. Nakilat’s
vessels represent around 15% of the global LNG fleet capacity,
which translates into more than 9mn cubic meters of LNG
transportation. (Gulf-Times.com)
Qatar PPI surges 4.5% in January on higher crude, natural gas
prices – Oil producers output cut deal from January 1, 2017 has
had its reflection on the Qatar’s producer price index (PPI),
which surged 4.5% MoM in January 2017 on higher prices for
crude and natural gas, according to official data. Qatar’s PPI for
the industrial sector, a measure of the average selling prices
received by the domestic producers for their output saw a
stupendous 23.8% YoY surge this January, primarily on
strengthened prices of crude and natural gas, refined petroleum
products, other chemical products, basic metals and rubber and
plastics products, according to the Ministry of Development
Planning and Statistics (MDPS) data. MDPS had released a new
PPI series in late 2015. With a base of 2013, it draws on an
updated sampling frame and new weights. The previous
sampling frame dates from 2006, when the Qatari economy was
much smaller than today and the range of products made
domestically much narrower. The PPI for mining, which carries
the maximum weight of 72.7%, saw its group index soar 3.5%
MoM in January 2017 on a 3.5% increase in the price of crude
petroleum and natural gas; even as stone, sand and clay prices
fell 0.5%. The PPI for mining witnessed the maximum
expansion of 30% YoY this January as there was a 30.1% jump
in the price of crude petroleum and natural gas but a 0.3% fall in
stone, sand and clay prices. (Gulf-Times.com)
Qatar, UNESCO sign MoU – Qatar and the United Nations
Educational, Scientific and Cultural Organization (UNESCO)
have signed a memorandum of understanding (MoU) on Qatar's
contribution to the functioning of the UNESCO Regional Office
in Doha, and on the financial support provided by Qatar to the
UNESCO. HE Dr Mohammed bin Abdul Wahed al Hammadi,
Minister of Education and Higher Education, President of the
Qatar National Commission for Education, Culture and Science,
signed the MoU on behalf of the government of Qatar, while
UNESCO Director-General Irina Bokova signed for the
Organization. The signing took place during a meeting between
the Minister and the Director-General of UNESCO, who is
currently visiting the country. During the meeting, they
discussed topics on the agenda, including a visit to
archaeological and heritage sites in the State of Qatar such as
Al Zubarah Archaeological Site which was added by the
Organization to the UNESCO World Heritage List. (Qatar
Tribune)
MDPS: New residency permits of 24,660 issued in January –
According to the latest data released by the Ministry of
Development Planning and Statistics (MDPS), as many as
24,660 new residency permits (RP) were issued in January 2017
through e-government (Hukoomi) showing an increase by
14.6% compared to the previous month (December 2016), when
21,522 RPs were issued. The number of RPs renewed through
the e-government portal during January showed an increase of
10.1% reaching 95,649 from 86,869 in December 2016.
However, the number of exit permits processed during January
declined by a huge 95.5% compared to the previous month,
from 24,227 to just 1,091. This is mainly because the number of
people leaving the country to spend New Year holidays
significantly increase during December. (Peninsula Qatar)
International
Surprise fall in Japan January machinery orders raises doubts
about recovery – Japan's core machinery orders unexpectedly
fell in January from the previous month and dipped the most in
five months, adding to worries about whether recent signs of
economic recovery will be sustainable. Japanese policymakers
hope a recovery in capital spending will help drive growth in
the world's third-largest economy and pull it out of deflation
and stagnation. Core machinery orders fell 3.2% in January,
sharply undershooting the economists' median estimate of a
0.5% increase, Cabinet Office data showed. That followed a
rebound in December, when core orders rose 2.1%. While the
data series can fluctuate widely, it is regarded as a leading
indicator of capital spending in the coming six to nine months.
Compared with a year earlier, core orders, which exclude those
of ships and electrical equipment, fell 8.2% in January, the
biggest fall in eight months and larger than the analyst
estimate for a 3.3% decrease. (Reuters)
Japan February wholesale prices rise 1.0% YoY – Bank of Japan
data showed, Japanese wholesale prices rose 1.0% YoY in
February 2017. The rise in the corporate goods price index
(CGPI), which measures the price companies charge each other
for their goods and services follows a 0.5% annual increase in
January. Overall final goods prices, the prices of finished
products charged to businesses fell 0.6% from a year earlier.
4. Page 4 of 6
Domestic final goods prices, which loosely track the consumer
price index, rose 0.3% from a year earlier. (Reuters)
China's economy is set for steady growth – The risk of a steep
slide in China's economy has reduced, the head of a government
research center said on Sunday, adding the country had moved
through an L-shaped pattern of slowing to now horizontal
growth. China's economy grew 6.7% last year, according to the
government, the slowest pace in 26 years. The country met its
growth target with support from record bank loans, a
speculative housing boom and billions in government
investment. But as Beijing moves to cool the housing market,
slow new credit and tighten its purse strings, China will have to
depend more on domestic consumption and private investment.
The government last week trimmed its economic growth target
to about 6.5% for this year. Li Wei, the Director of the
Development Research Center of the State Council, China's
cabinet, said many positive economic signs were emerging
domestically and internationally, and the risk of a large slide in
economic growth had clearly lowered. China's economic
development has gone from a "downward stroke in the L-shape
to the horizontal stroke", the official Xinhua news agency said,
citing Li's comments on the sidelines of China's annual session
of parliament. (Reuters)
Regional
In GCC region chemical R&D spending reaches $729mn in 2015
– According to a Gulf Petrochemicals & Chemicals Association
(GPCA), GCC chemical R&D spending grew by a compound
annual growth rate of 20%, reaching $729mn in 2015. In
comparison, over the same period, global R&D in the chemicals
industry grew at a pace of 3% a year. R&D investment in the
region nearly tripled over the past five years, with R&D
intensity on par with China. According to the 2016 Global
Innovation Index, GCC countries scored within the upper
middle range globally. The UAE enjoys the top spot with an
overall innovation rank of 41, closely followed by Saudi Arabia,
at 49, and Qatar at 50. Dr Abdulwahab al-Sadoun, GPCA
Secretary-General said, “As GCC governments intensify their
efforts towards diversifying their economies into high value,
innovation rich sectors, this region have the potential to
increase its ranking further on a global and regional scale.”
(Gulf-Times.com)
GOIC: Labor forces in GCC manufacturing factories reach 1.6mn
in 2015 – According to the Gulf Organization for Industrial
Consulting (GOIC), the labor force of manufacturing factories in
the Gulf Cooperation Council (GCC) has increased from 774,000
in 2005 to 1.6mn workers in 2015. Growth in labor force, which
achieved a 7.8% compound annual growth rate (CAGR), was
parallel with the increase in the number of GCC manufacturing
factories. Labor plays a key role in industrial production. In fact,
they form an added value when coupled with the availability of
raw materials. Therefore, labor productivity is seen as a
criterion to measure industrial development and the efficient
use of the labor force. It also sheds light on the strengths and
weaknesses of an industrial activity. (Gulf-Times.com)
Saudi Arabia scraps 6,000 'non-beneficial' projects – Saudi
Arabia has scrapped nearly 6,000 projects deemed non-
beneficial to economic diversification within its ambitious
Vision 2030 development scheme. Arabic daily Al-Riyadh
quoted Osama Al-Afaleq, Chairman of the Saudi Contractors'
Commission said that the number of abandoned projects is not
large considering the size of the Kingdom's economy. The
government scrapped those projects after studies showed they
will not pay off in terms of development and economic growth.
(Bloomberg)
UAE wants closer trade ties with Asia, Africa – UAE wants to
expand trade ties with faster growing nations in Asia and
Africa. Rich Gulf Arab states are looking at ways to diversify
their economies, including who they trade with, after more
than two years of depressed oil prices forced a rethink of
government spending. The pace of economic growth in Asian
and sub-Saharan African economies has made them ideal
partners, Abdullah al-Saleh, undersecretary for foreign trade
and industry at the UAE ministry of the economy, told Reuters.
Asia's two largest economies China and India are expected to
grow by 6.5% and 7.2% in 2017 whilst sub-Saharan Africa is
forecast to expand by 2.8%, according to the International
Monetary Fund (IMF). There are huge opportunities in China
and India but also in Singapore and Indonesia. (Reuters)
UAE's Sharjah Islamic Bank says plans convertible Sukuk issue
– The UAEs’ Sharjah Islamic Bank (SIB) plans to issue
convertible Sukuk equivalent to 10% of the lender's capital.
Funds raised through the debt sale will be used by Islamic
endowments selected by the government of the Emirate of
Sharjah. The bank also authorized a capital increase to
AED2.67bn from AED2.43bn. (Reuters)
UAE's Mubadala completes deal to take 20% stake in
Investcorp's parent – Bahrain-based Investcorp said Abu Dhabi
state investment fund Mubadala Development had completed a
deal to acquire a 20% stake in the alternative investment firm's
parent, Investcorp Bank. Investcorp said in July that Mubadala
would buy 9.99% of Investcorp immediately, and a further
10.01% following regulatory approvals, making it the largest
shareholder of Investcorp. (Reuters)
Dubai’s hospitality market top performer in MENA – Dubai’s
hospitality market emerged as the top performer in the Middle
East and North Africa (MENA) region in January 2017,
representing the highest occupancy at 85.7% and highest
RevPAR of $246, over three times the average RevPAR recorded
in other cities of the region. Dubai’s beach hotels had the
highest RevPAR of $343, while city-based hotels in the Emirate
recorded the highest occupancy at 87.6%. Despite the influx of
new hotels, Dubai has managed to sustain extremely high
occupancy levels YoY. However, average room rates and
RevPAR dropped 8.1% and 7.3% percentage points (pp)
respectively in January, which could be a result of an
oversupply of rooms, encouraging the sector as a whole to
lower room rates to remain competitive. In the GCC, all markets
except Kuwait recorded lower revenue per average room
(RevPAR), reflecting the slowdown in performance witnessed
across the wider MENA region. Abu Dhabi’s hospitality market
maintained a strong occupancy of 77% in January 2017, but
witnessed a decrease in RevPAR and ADR of 11.8% and 10.6%
when compared to the period last year. (GulfBase.com)
Net foreign investments in Abu Dhabi bourse total $40.3mn in
February – Abu Dhabi Securities Exchange, ADX, has
announced that foreign investors’ purchases in February 2017
5. Page 5 of 6
reached AED2.306bn, representing 44.8% of total trades,
whereas their sales stood at AED2.158bn, representing 41.9% of
total trades. Subsequently, the net foreign investment in
February reached AED148mn, whereas institutional
investments in February have reached AED31.8mn. The market
capitalization of companies listed in ADX dropped by 0.44% at
AED436.465bn compared with AED438.383bn in January. Value
of traded stocks in ADX reached AED5.147bn compared with
AED7.741bn in January. (Bloomberg)
World Bank rankings boost for Bahrain – Bahrain has jumped 69
places in the World Bank’s latest ranking for 2017, thanks to a
new commercial freedom legislation that was introduced in
September. The country has been ranked 73 compared with the
previous standing of 142 on its Easiness to Carry out Business
Activities Index. (GulfBase.com)
6. Contacts
Saugata Sarkar Shahan Keushgerian Zaid al-Nafoosi, CMT, CFTe
Head of Research Senior Research Analyst Senior Research Analyst
Tel: (+974) 4476 6534 Tel: (+974) 4476 6509 Tel: (+974) 4476 6535
saugata.sarkar@qnbfs.com.qa shahan.keushgerian@qnbfs.com.qa zaid.alnafoosi@qnbfs.com.qa
Mohamed Abo Daff QNB Financial Services Co. W.L.L.
Senior Research Analyst Contact Center: (+974) 4476 6666
Tel: (+974) 4476 6589 PO Box 24025
mohd.abodaff@qnbfs.com.qa Doha, Qatar
Disclaimer and Copyright Notice: This publication has been prepared by QNB Financial Services Co. W.L.L. (“QNBFS”) a wholly-owned subsidiary of Qatar National Bank (Q.P.S.C.). QNBFS is
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Page 6 of 6
Rebased Performance Daily Index Performance
Source: Bloomberg Source: Bloomberg
Source: Bloomberg Source: Bloomberg (*$ adjusted returns)
80.0
100.0
120.0
140.0
160.0
180.0
Feb-13 Feb-14 Feb-15 Feb-16 Feb-17
QSE Index S&P Pan Arab S&P GCC
(1.2%)
0.2%
0.5%
0.9%
(0.9%)
(0.5%)
(1.1%)(1.5%)
(1.0%)
(0.5%)
0.0%
0.5%
1.0%
SaudiArabia
Qatar
Kuwait
Bahrain
Oman
AbuDhabi
Dubai
Asset/Currency Performance Close ($) 1D% WTD% YTD% Global Indices Performance Close 1D%* WTD%* YTD%*
Gold/Ounce 1,204.73 0.3 (2.4) 4.6 MSCI World Index 1,845.88 0.5 (0.2) 5.4
Silver/Ounce 17.04 0.5 (5.2) 7.1 DJ Industrial 20,902.98 0.2 (0.5) 5.8
Crude Oil (Brent)/Barrel (FM Future) 51.37 (1.6) (8.1) (9.6) S&P 500 2,372.60 0.3 (0.4) 6.0
Crude Oil (WTI)/Barrel (FM Future) 48.49 (1.6) (9.1) (9.7) NASDAQ 100 5,861.73 0.4 (0.2) 8.9
Natural Gas (Henry Hub)/MMBtu 2.98 5.4 19.1 (19.0) STOXX 600 373.23 0.9 0.5 4.5
LPG Propane (Arab Gulf)/Ton 66.12 0.9 8.0 (8.3) DAX 11,963.18 0.7 0.5 5.4
LPG Butane (Arab Gulf)/Ton 68.12 (2.2) 0.5 (41.7) FTSE 100 7,343.08 0.4 (1.1) 1.3
Euro 1.07 0.9 0.5 1.5 CAC 40 4,993.32 1.1 1.0 3.9
Yen 114.79 (0.1) 0.7 (1.9) Nikkei 19,604.61 1.4 0.3 4.2
GBP 1.22 0.0 (1.0) (1.4) MSCI EM 926.14 0.3 (0.5) 7.4
CHF 0.99 0.1 (0.3) 0.8 SHANGHAI SE Composite 3,212.76 (0.0) (0.2) 4.1
AUD 0.75 0.5 (0.7) 4.6 HANG SENG 23,568.67 0.3 0.1 7.0
USD Index 101.25 (0.6) (0.3) (0.9) BSE SENSEX 28,946.23 0.2 0.7 11.0
RUB 58.98 (0.5) 1.3 (4.2) Bovespa 64,675.46 1.0 (3.6) 10.8
BRL 0.32 1.7 (0.7) 3.6 RTS 1,055.93 0.9 (4.7) (8.4)
120.2
100.1
98.6