SlideShare a Scribd company logo
1 of 5
Download to read offline
QE Intra-Day Movement

Market Indicators

10,520
10,500

10,480

10 Dec 13

%Chg.

366.8
558,115.9
9.8
4,436
39
17:17

495.9
559,607.4
16.9
6,465
40
20:18

(26.0)
(0.3)
(42.0)
(31.4)
(2.5)
–

Market Indices

10,460
10,440
9:30

11 Dec 13

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 declined 0.4% to close at 10,457.1. Losses were led by the
Telecoms and Banking & Financial Services indices, declining 1.2% and 0.5%
respectively. Top losers were Qatar General Ins. & Rein. and Doha Insurance
Co., falling 3.3% and 1.9% respectively. Among the top gainers, Widam Food
Co. rose 2.9%, while Gulf Warehousing Co. gained 0.9%.

Close

Total Return
All Share Index
Banks
Industrials
Transportation
Real Estate
Insurance
Telecoms
Consumer
Al Rayan Islamic Index

1D%

WTD%

YTD%

TTM P/E

14,940.82
2,602.43
2,481.05
3,426.50
1,924.40
2,012.59
2,366.97
1,455.02
5,968.45
3,064.80

(0.4)
(0.3)
(0.5)
0.2
(0.4)
0.1
(0.5)
(1.2)
0.2
(0.0)

0.7
0.7
0.9
1.3
(0.4)
0.7
0.3
(0.4)
(0.2)
(0.1)

32.1
29.2
27.3
30.4
43.6
24.9
20.5
36.6
27.8
23.2

N/A
13.2
13.3
12.4
13.0
13.8
9.7
19.8
22.6
15.9

GCC Commentary

GCC Top Gainers##

Exchange

Saudi Arabia: The TASI index gained marginally to close at 8,399.6. Gains
were led by the Real Estate Dev. and Hotel & Tourism indices, rising 0.5% and
0.4% respectively. ANB Ins. gained 9.9%, while Petro Rabigh was up 4.6%.

IFA Hotels & Resorts

Kuwait

Petro Rabigh

Saudi Arabia

Dubai: The DFM index fell 0.1% to close at 3,099.5. The Services index
declined 2.1%, while the Real Estate & Construction index was up 0.8%.
National Industries Group fell 9.9%, while Union Properties was down 7.8%.

EITC

Dubai

Saudi Airlines Catering

Saudi Arabia

Abu Dhabi: The ADX benchmark index declined 0.8% to close at 3,986.1. The
Energy index fell 1.5%, while the Real Estate index was down 1.2%. United
Arab Bank declined 9.9%, while Abu Dhabi Ship Building Co. was down 9.8%.

SPIMACO

Saudi Arabia

63.00

GCC Top Losers

Exchange

Kuwait: The KSE index fell 0.1% to close at 7,750.8. The Telecomm. index
declined 1.3%, while the Consumer Goods index was down 1.2%. Safwan
Trading & Contracting fell 8.9%, while Palms Agro Production was down 7.4%.

United Arab Bank

Abu Dhabi

Qatar Gen. Ins. & Rein.

Oman: The MSM index declined 0.1% to close at 6,751.5. Losses were led by
the Bank. & Inv. and Industrial indices, falling 0.5% and 0.1% respectively. Al
Madina Investments declined 4.6%, while Al Madina Takaful was down 4.1%.
Bahrain: The BHB index gained 0.1% to close at 1,208.4. The Hotel &
Tourism index rose 0.5%, while the Services index was up 0.2%. Nass
Corporation gained 3.2%, while Seef Properties was up 1.3%.

##

Close#

1D%

Vol. ‘000

0.30

5.4

2,687.0

(16.8)

18.20

4.6

4,227.7

3.7

6.75

3.8

9,461.9

93.4

143.00

2.9

125.3

83.3

2.9

475.8

44.2

#

Close

1D% Vol. ‘000

YTD%

YTD%

5.90

(9.9)

2.5

91.6

Qatar

48.35

(3.3)

11.9

5.1

Nat. Mobile Telecomm.

Kuwait

1.76

(2.2)

2.6

(24.8)

Drake & Scull Int.

Dubai

1.38

(2.1)

12,532.7

96.0

Saudi Enaya Coop. Ins.

Saudi Arabia

33.80

(2.0)

559.2

(29.0)

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)

Widam Food Co.

Close*

1D%

Vol. ‘000

YTD%

Close*

1D%

Vol. ‘000

YTD%

53.00

Qatar Exchange Top Gainers

2.9

251.4

(9.9)

Qatar General Ins. & Rein.

48.35

(3.3)

11.9

5.1

22.4

Doha Insurance Co.

25.25

(1.9)

1.9

2.9

4.5

Qatar Exchange Top Losers

Gulf Warehousing Co.

41.00

0.9

Qatar & Oman Investment Co.

12.79

0.7

85.7

3.2

Doha Bank

57.30

(1.9)

328.4

23.6

Al Khalij Commercial Bank

19.99

0.7

467.9

17.7

Qatar Industrial Manufacturing Co.

50.70

(1.4)

4.2

(4.5)

Industries Qatar

168.90

0.7

470.6

19.8

Ooredoo

135.70

(1.2)

6.2

30.5

Qatar Exchange Top Vol. Trades

Close*

1D%

Vol. ‘000

YTD%

Qatar Exchange Top Val. Trades

Close*

1D%

Val. ‘000

YTD%

Vodafone Qatar

11.46

(1.2)

3,453.5

37.2

Industries Qatar

168.90

0.7

79,664.9

19.8

Barwa Real Estate Co.

30.90

0.3

1,625.5

12.6

Barwa Real Estate Co.

30.90

0.3

50,408.4

12.6

Masraf Al Rayan

33.50

(0.9)

650.4

35.1

Vodafone Qatar

11.46

(1.2)

39,912.3

37.2

Mazaya Qatar Real Estate Dev.

11.58

0.1

514.6

5.3

173.40

(0.5)

33,052.2

32.5

168.90

0.7

470.6

19.8

33.50

(0.9)

21,931.2

35.1

Industries Qatar

Qatar*
Dubai
Abu Dhabi
Saudi Arabia
Kuwait
Oman
Bahrain

Masraf Al Rayan
Source: Bloomberg (* in QR)

Source: Bloomberg (* in QR)

Regional Indices

QNB Group

Close

1D%

WTD%

MTD%

YTD%

10,457.12
3,099.54
3,986.11
8,399.65
7,750.76
6,751.47
1,208.44

(0.4)
(0.1)
(0.8)
0.0
(0.1)
(0.1)
0.1

0.7
2.9
1.2
1.9
(0.2)
(0.3)
0.9

0.8
5.2
3.5
0.9
(0.4)
0.4
(0.0)

25.1
91.0
51.5
23.5
30.6
17.2
13.4

Exch. Val. Traded
($ mn)
149.52
196.27
93.07
1,184.85
75.28
17.49
5.92

Exchange Mkt.
Cap. ($ mn)
153,258.6
72,133.3
113,492.5
457,735.1
109,717.9
24,252.4
49,702.7

P/E**

P/B**

13.4
18.3
11.1
17.2
16.9
10.6
8.1

1.8
1.2
1.4
2.1
1.2
1.6
0.9

Dividend
Yield
4.4
2.9
4.5
3.5
3.6
3.8
4.0

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
Qatar Market Commentary
 The QE index declined 0.4% to close at 10,457.1. The Telecoms
and Banking & Financial Services indices led the losses. The
index declined on the back of selling pressure from Qatari
shareholders despite buying support from non-Qatari
shareholders.
 Qatar General Ins. & Rein. and Doha Insurance Co. were the top
losers, falling 3.3% and 1.9% respectively. Among the top
gainers, Widam Food Co. rose 2.9%, while Gulf Warehousing
Co. gained 0.9%.

Overall Activity

Buy %*

Sell %*

Net (QR)

Qatari

65.37%

70.97%

(20,534,174.21)

Non-Qatari

34.63%

29.03%

20,534,174.21

Source: Qatar Exchange (* as a % of traded value)

 Volume of shares traded on Wednesday declined by 42.0% to
9.8mn from 16.9mn on Tuesday. Further, as compared to the 30day moving average of 12.6mn, volume for the day was 22.3%
lower. Vodafone Qatar and Barwa Real Estate Co. were the
most active stocks, contributing 35.2% and 16.6% to the total
volume respectively.

Ratings, Earnings and Global Economic Data
Ratings Updates
Company

Agency

Market

Damaan Islamic
Insurance Co.
(Beema)

Moody’s

Qatar
Saudi
Arabia
Saudi
Arabia
Saudi
Arabia

Al Rajhi Bank

Fitch

National Commercial
Bank (NCB)

Fitch

Riyad Bank

Fitch

Samba Financial
Group (SFG)

Fitch

Saudi
Arabia

Arab National Bank
(ANB)

Fitch

Saudi
Arabia

Banque Saudi
Fransi (BSF)

Fitch

Saudi
Arabia

Saudi British Bank
(SABB)

Fitch

Saudi
Arabia

Saudi Hollandi Bank
(SHB)
Saudi Investment
Bank (SAIB)

Fitch
Fitch

Alinma Bank

Fitch

Bank AlJazira (BAJ)

Fitch

Aljazira Capital
(AJC)

Fitch

Saudi
Arabia
Saudi
Arabia
Saudi
Arabia
Saudi
Arabia
Saudi
Arabia

Type*

Old Rating

New Rating

Rating Change

Outlook

Outlook Change

–

Baa2

–

Stable

–

A+/F1/a/1/A+

A+/F1/a/1/A+

–

Stable

–

A+/F1/a/1/A+

A+/F1/a/1/A+

–

Stable

–

A+/F1/a/1/A+

A+/F1/a/1/A+

–

Stable

–

A+/F1/a/1/A+/(
A+/F1)

A+/F1/a/1/A+/
(A+/F1)

–

Stable

–

A/F1/a/1/A-

A/F1/a/1/A-

–

Stable

*

A/F1/a/1/A-/
(A/F1)/A/A/A

A/F1/a/1/A-/
(A/F1)/A/A/A

–

Stable

*

A/F1/A/a/1/A/(A/F1)/A

A/F1/A/a/1/A/(A/F1)/A

–

Stable

*

A/F2/bbb/1/AA-/F2/bbb/1/AA-/F2/bbb/1/AA/F2/bb+/1/A-

–

Stable

–

–

Stable

–

–

Stable

–

–

Stable

–

A-/F2/1

–

Stable

–

Insurance Financial
Strength Rating
LT IDR/ ST IDR/ VR/
SR/ SR floor
LT IDR/ ST IDR/ VR/
SR/ SR floor
LT IDR/ ST IDR/ VR/
SR/ SR floor
LT IDR/ ST IDR/ VR/
SR/ SR floor/ EMTN
program
LT IDR/ ST IDR/ VR/
SR/ SR floor
LT IDR/ ST IDR/ VR/
SR/ SR floor/ EMTN
program/ Senior
unsecured notes/ BSF
sukuk limited trust
certificate issuance
program/ Senior
unsecured trust
certificates
LT FC IDR/ ST FC IDR/
LT LC IDR/ VR/ SR/ SR
floor/ EMTN program/
Senior unsecured notes
LT IDR/ ST IDR/ VR/
SR/ SR floor
LT IDR/ ST IDR/ VR/
SR/ SR floor
LT IDR/ ST IDR/ VR/
SR/ SR floor
LT IDR/ ST IDR/ VR/
SR/ SR floor

A-/F2/bbb/1/AA-/F2/bbb-/1/AA-/F2/bbb-/1/AA-/F2/bb+/1/A-

LT IDR/ ST IDR/ SR

A-/F2/1

Source: News reports (* LT – Long Term, ST – Short Term, FSR- Financial Strength Rating, FCR – Foreign Credit Rating, LCR – Local Currency Rating, IDR – Issuer Default Rating, SR – Support Rating, LC –
Local Currency) (VR – Viability Rating, FC – Foreign Currency) (* Outlook revised from Negative to Stable)

Global Economic Data
Date

Market

Source

Indicator

Period

Actual

Consensus

Previous

12/11

US

MBA

MBA Mortgage Applications

6-December

12/11

France

INSEE

Non-Farm Payrolls QoQ

3Q2013

1.00%

–

-12.80%

-0.10%

-0.10%

12/11

France

Banque De France

Current Account Balance

October

-2.1B

–

-0.20%
-3.6B

12/11

Germany

Destatis

CPI MoM

November

0.20%

0.20%

-0.20%

12/11

Germany

Destatis

CPI YoY

November

1.30%

1.30%

1.20%

12/11

Germany

Destatis

CPI EU Harmonized MoM

November

0.20%

0.20%

-0.30%

12/11

Germany

Destatis

CPI EU Harmonized YoY

November

1.60%

1.60%

1.20%

12/11

China

National Bureau of Stat.

New Yuan Loans

November

624.6B

580.0B

506.1B

Page 2 of 5
12/11

China

People's Bank of China

Money Supply M0 YoY

November

7.70%

8.10%

12/11

China

People's Bank of China

Money Supply M1 YoY

November

9.40%

9.00%

8.00%
8.90%

12/11

China

People's Bank of China

Money Supply M2 YoY

November

14.20%

14.20%

14.30%

12/11

China

National Bureau of Stat.

Aggregate Financing RMB

November

1230.0B

920.0B

856.4B

12/11

Japan

ESRI

Machine Orders MoM

October

0.60%

0.70%

-2.10%

12/11

Japan

ESRI

Machine Orders YoY

October

17.80%

15.00%

11.40%

Source: Bloomberg (s.a. = seasonally adjusted; n.s.a. = non-seasonally adjusted; w.d.a. = working day adjusted)

News
Qatar
 QR1.8bn Helium 2 Plant starts up at Ras Laffan – Qatar has
become the world’s largest exporter and second-largest
producer of helium with the start up of the QR1.8bn Helium 2
Plant at Ras Laffan with a design capacity of 1.3bn standard
cubic feet a year. The plant, which is the world’s largest helium
refining facility, co-owned by Qatargas and RasGas, will be
operated by the latter. (Gulf-Times.com)
 Lusail City’s 80% of properties sold – Qatari Diar Real Estate
Investment Company said that 80% of real estate in the new
Lusail City has been sold. (Bloomberg)
 KCBK’s BoD approves bank’s 2014 budget, business plans
– Al Khalij Commercial Bank’s (KCBK) board of directors has
discussed the provisional budget for 2014 and approved a
number of items related to bank’s business plans and regular
activities. These include approval for new policies and
frameworks that aim to enhance governance within the
organization. (QE)
 Ooredoo Algeria plans to float 10-15% stake on Algiers
Bourse in 2014 – Ooredoo Algeria’s CEO Joseph Ged said the
company is planning to float 10-15% of its stake on the Algiers
Bourse in 2014. The company expects a net profit of $190mn on
a turnover of $1bn in 2013. (Bloomberg)
 QTA plans to encourage cruise tourism – The Qatar Tourism
Authority (QTA) Chairman Issa bin Mohamed al-Mohannadi
stated that QTA is planning to transform the Doha port into a
cruise terminal, containing a hotel, restaurants, residential and
retail shopping space. Al-Mohannadi said this terminal will be
considered as an infrastructure investment to upgrade the
facilities for the tourism sector. (Gulf-Times.com)
 Alfardan Group donates QR240,000 to QRC campaign –
Qatar Red Crescent (QRC) received a donation of QR240,000
from Alfardan Group to support the victims of natural disasters in
Somalia and the Philippines. Under this Qatar Solidarity
Campaign, donations worth of QR100,000 will be distributed in
Somalia, while the Philippines will receive QR140,000. (GulfTimes.com)

Regional
 E&Y: Domestic M&A deals in MENA rise by 170% to $8.2bn
in 3Q2013 – According to E&Y’s 3Q2013 MENA mergers &
acquisitions (M&A) update, the value of domestic deals have
risen by 170% YoY to $8.2bn in 3Q2013. The total disclosed
value of M&As in the MENA region rose 76% YoY to $17.3bn in
3Q2013. The inbound deal value stood at $3.9bn in 3Q2013 as
compared to $1.1bn in 3Q2012. However, the outbound
disclosed deals have declined by 9% YoY to $5.2bn in 3Q2013.
The report showed that Saudi Arabia led the MENA region with
13 deals, followed by the UAE with 12 deals. (GulfBase.com)
 Kingdom to raise power capacity from 55GW to 120GW by
2020 – Saudi Arabia is planning to increase power generating
capacity from 55 Gigawatts (GW) to 120GW by 2020, which will
be further raised by 2032. This will be the largest electrical
supply expansion plan in the Middle East, which will meet the
rising demand for power driven primarily by steady population
growth, an expanding industrial sector, surging air-conditioning
requirements and heavily subsidized electricity rates.
(GulfBase.com)
 SAMREF offers 6mn barrels of 500 ppm sulfur gasoil – The
Saudi Aramco Mobil Refinery Company (SAMREF) – a JV
between Saudi Arabian Oil Company and US-based Exxon
Mobil – has offered up to 6mn barrels of 500 parts per million
(ppm) sulphur gasoil through a rare-term tender for loading in
2014. SAMREF has offered 11-12 cargoes of around 300,000500,000 barrels each of gasoil for loading from Yanbu during
2014. This tender will close on December 12, 2013 and is valid
until December 20, 2013. (Reuters)
 Riyadh Dry Port to expand its handling capacity – Saudi
Railways Organization’s (SRO) President Mohamed Al Suwaiket
said the Riyadh Dry Port will expand its handling capacity from
400,000 containers to 1mn containers per year to cope with the
rising volume of business activities in the Kingdom. Al Suwaiket
also said that SRO is planning to invite specialized global firms
to bid for a detailed railway design to build the GCC region
interlink rail project, which will be announced by early 2014.
(GulfBase.com)

 11 EU states consider narrowing FT tax scope – The 11
European Union countries that have pledged to tax financial
transactions (FT tax) will consider narrowing the levy’s scope to
shield pensions, government debt and markets that help boost
the economy. The aim of this tax is to make banks pay back
some of the taxpayers money they received during the period
2007-09 financial crisis. (Gulf-Times.com)

 Dubai aims to be world’s most sustainable city by 2020 –
Dubai Municipality’s Director General Hussain Nasser Lootah
said that the Emirate aims to become one of the world’s top ten
sustainable cities by 2020, when it will be hosting the World
Expo event. The municipality has begun implementing green
building rules in its new projects, and is taking necessary steps
to change the old building systems to energy saving ones.
(Gulfnews.com)

 EU in talks with IMF, World Bank for assisting Ukraine –
European Union officials are in discussion with the International
Monetary Fund, the World Bank and other financial institutions
on ways to help Ukraine if it decides to sign a free-trade
agreement with the EU. Ukrainian Prime Minister Mykola Azarov
said he had sought an aid worth €20bn ($27bn) from the EU to
offset the cost of signing the free-trade deal. (Gulf-Times.com)

 HLG obtains construction contract for Residential Towers
project – The Habtoor Leighton Group (HLG) has obtained a
construction contract worth AED1.45bn of Residential Towers
project. This Al Habtoor Residential Towers project feature two
75-storey residential towers, a 52-storey residential tower and a
7-storey podium that includes basement, ground floor along with
five floors of retail space and parking. The construction work will

International

Page 3 of 5
commence after the enabling works are completed and the main
project will be completed 32 months later. (GulfBase.com)

said 2013 has witnessed exceptional operational performance
despite tough market conditions. (Bahrain Bourse)

 Emaar Properties signs MoU with DWC to develop
integrated urban center – Emaar Properties has entered into a
MoU with Dubai World Central (DWC) to develop an integrated
urban center and a golf destination at DWC. The phase one of
this 13.63mn square meter project includes building a golf
course villa community, several hotels, a high-end shopping
mall, leisure attractions and a business hub which will promote
entrepreneurship. (Bloomberg)

 BNH appoints new CEO – The Bahrain National Holding
Company (BNH) has appointed Sameer Al Wazzan as the
company’s new CEO. Al Wazzan will replace Mahmood Al Soufi
who will join as a member of the board of directors. (Bahrain
Bourse)

 SKAI Holdings begins work on Viceroy Dubai Palm
Jumeirah project – SKAI Holdings Ltd. has begun
implementing the main structural work on its AED3.67bn Viceroy
Dubai Palm Jumeirah project. This luxury residential and
hospitality project will offer 479 large rooms & suites, and 222
signature Viceroy Residences. (GulfBase.com)
 Jebel Ali R&H to manage resort in Seychelles – Jebel Ali
Resorts & Hotels (R&H) is set to manage its first international
property with the launch of the Enchanted Island Resort in the
Seychelles. This five-star property will be launched on
December 20, 2013, which will feature a 10-villa beach resort
set in 5 acres of the National Marine Park. (Bloomberg)
 Mubadala Aerospace to develop MRO facility in Al Ain – The
Mubadala Aerospace Company will begin developing its
maintenance, repair & overhauling (MRO) facility in Al Ain in
January 2014. This Advanced, Military, Maintenance &
Overhauling Center (AMMROC), which is a JV between
Mubadala and Lockheed Martin & Sikorsky Corporation, will
begin work on constructing its facility at the Nibras Al Ain
Aerospace Park. The AED1bn project will be operational in
January 2016 and will provide jobs to 2,500 people.
(GulfBase.com)
 Etihad to decide on stake in Alitalia before Christmas –
According to sources, Etihad Airways is examining Alitalia's
books and is expected to decide by Christmas whether to take a
stake in the troubled Italian airline. Alitalia has just raised
$413mn, which would keep the carrier flying for the next six
months while it searches for an investor. Sources said Etihad is
likely be interested in a shareholding of at least 25% to have
enough management and strategic influence. (Reuters)
 KOC awards PMS contract to Worley Parsons – Kuwait Oil
Company (KOC) has awarded Worley Parsons a five-year
contract worth $400mn to provide program management
services (PMS). This contract serves to support KOC to reach
the optimum capacity in its oilfields and enhance its facilities
through efficient and economical means. This contract will
provide project management, coordination, planning, design,
engineering,
construction
management,
contracting,
procurement, project controls and other services for construction
of new facilities, upgrading existing facilities and transfer of
technology. (Bloomberg)
 Nawras launches NOC in Bausher – Omani Qatari
Telecommunications Company (Nawras) has officially launched
its new Network Operation Centre (NOC) in Bausher. This new
NOC will control the nationwide network right from Musandam to
Salalah. The NOC control spans all sites and technologies,
mobile and fixed lines, 2G, 3G, 4G, WiMAX and FTTX networks.
(Bloomberg)
 Alba on track to exceed record output of 890,000 mt –
Aluminium Bahrain’s (Alba) Board Chairman Mahmood Hashim
Al Kooheji said the company is on track to exceed its 2012
production record of 890,000 metric tons. Further, Al Kooheji
Page 4 of 5
Rebased Performance

Daily Index Performance

160.0
150.0
140.0
130.0
120.0
110.0
100.0
90.0
80.0

150.3
132.5

0.1%

0.0%
0.0%
(0.1%)

120.3

(0.1%)

(0.1%)

(0.4%)

(0.6%)

S&P Pan Arab

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
Yen

Close ($)

1D%

WTD%

YTD%

Global Indices Performance

1,252.25

(0.8)

1.9

(25.3)

DJ Industrial

20.30

(0.5)

4.1

(33.1)

S&P 500

109.70

0.3

(1.7)

(1.3)

4.24

(2.0)

2.3

0.1

3.3

46.6

131.50

(3.3)

(5.4)

(24.0)

1.38

0.2

0.6

4.5

102.42

(0.4)

(0.5)

1.64

(0.4)

0.2

1.13

0.1

0.6

RUB
BRL

23.6

131.25

CHF

USD Index

Dubai

Oman

Source: Bloomberg

GBP

AUD

Bahrain

Jul-13

Abu Dhabi

QE Index

Oct-11 May-12 Dec-12

Kuwait

Aug-10 Mar-11

Qatar

(0.8%)
(1.2%)

Saudi Arabia

Jan-10

0.6%

18.1

NASDAQ 100
STOXX 600
DAX
FTSE 100
CAC 40
Nikkei

Close

1D%

WTD%

YTD%

15,843.53

(0.8)

(1.1)

20.9

1,782.22

(1.1)

(1.3)

25.0

4,003.81

(1.4)

(1.4)

32.6

313.30

(0.5)

(1.0)

12.0

9,077.11

(0.4)

(1.0)

19.2

6,507.72

(0.2)

(0.7)

10.3

4,086.86

(0.1)

(1.0)

12.2

1.4

49.3

15,515.06

(0.6)

0.7

MSCI EM

1,002.55

(1.0)

0.0

(5.0)

3.3

SHANGHAI SE Composite

2,204.17

(1.5)

(1.5)

(2.9)

HANG SENG

0.90

(1.1)

(0.6)

(12.9)

23,338.24

(1.7)

(1.7)

3.0

79.89

(0.1)

(0.5)

0.2

BSE SENSEX

21,171.41

(0.4)

0.8

9.0

7.3

Bovespa

50,067.99

(1.8)

(1.7)

(17.9)

1,409.28

(0.0)

1.3

(7.7)

32.76
0.43

0.1
(1.2)

0.1
(0.3)

(12.3)

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
DISCLAIMER: This publication has been prepared by QNB Financial Services SPC (“QNBFS”) a wholly-owned subsidiary of Qatar National Bank (“QNB”). QNBFS is regulated by the Qatar
Financial Markets Authority and the Qatar Exchange; QNB is regulated by the Qatar Central Bank. This publication expresses the views and opinions of QNBFS at a given time only. It is not an
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
investors to seek independent professional advice before making any investment decision. Although the information in this report has been obtained from sources that QNBFS believes to be
reliable, we have not independently verified such information and it may not be accurate or complete. While this publication has been prepared with the utmost degree of care by our analysts,
QNBFS does not make any representations or warranties as to the accuracy and completeness of the information it may contain, and declines any liability in that respect. QNBFS reserves the
right to amend the views and opinions expressed in this publication at any time. It may also express viewpoints or make investment decisions that differ significantly from, or even contradict, the
views and opinions included in this report.
COPYRIGHT: No part of this document may be reproduced without the explicit written permission of QNBFS.

Page 5 of 5

More Related Content

What's hot

4 September Daily market report
4 September Daily market report 4 September Daily market report
4 September Daily market report QNB Group
 
QNBFS Daily Market Report December 07, 2021
QNBFS Daily Market Report December 07, 2021QNBFS Daily Market Report December 07, 2021
QNBFS Daily Market Report December 07, 2021QNB Group
 
17 December Daily Market Report
17 December Daily Market Report17 December Daily Market Report
17 December Daily Market ReportQNB Group
 
21 October Daily market report
21 October Daily market report21 October Daily market report
21 October Daily market reportQNB Group
 
7 November Daily Market Report
7 November Daily Market Report 7 November Daily Market Report
7 November Daily Market Report QNB Group
 
24 November Daily market report
24 November Daily market report 24 November Daily market report
24 November Daily market report QNB Group
 
3 December Daily market report
3 December Daily market report 3 December Daily market report
3 December Daily market report QNB Group
 
20 February Daily market report
20 February Daily market report 20 February Daily market report
20 February Daily market report QNB Group
 
QNBFS Daily Market Report May 17, 2020
QNBFS Daily Market Report May 17, 2020QNBFS Daily Market Report May 17, 2020
QNBFS Daily Market Report May 17, 2020QNB Group
 
1 September Daily Market Report
1 September Daily Market Report 1 September Daily Market Report
1 September Daily Market Report QNB Group
 
23 January Daily market report
23 January Daily market report 23 January Daily market report
23 January Daily market report QNB Group
 
QNBFS Daily Market Report January 20, 2021
QNBFS Daily Market Report January 20, 2021QNBFS Daily Market Report January 20, 2021
QNBFS Daily Market Report January 20, 2021QNB Group
 
22 September Daily market report
22 September Daily market report 22 September Daily market report
22 September Daily market report QNB Group
 
QNBFS Daily Market Report March 21, 2021
QNBFS Daily Market Report March 21, 2021QNBFS Daily Market Report March 21, 2021
QNBFS Daily Market Report March 21, 2021QNB Group
 
2 December Daily Market Report
2 December Daily Market Report2 December Daily Market Report
2 December Daily Market ReportQNB Group
 
21 November Daily Market Report
21 November Daily Market Report 21 November Daily Market Report
21 November Daily Market Report QNB Group
 
QNBFS Daily Market Report May 08, 2016
QNBFS Daily Market Report May 08, 2016QNBFS Daily Market Report May 08, 2016
QNBFS Daily Market Report May 08, 2016QNB Group
 
QNBFS Daily Market Report June 11, 2019
QNBFS Daily Market Report June 11, 2019QNBFS Daily Market Report June 11, 2019
QNBFS Daily Market Report June 11, 2019QNB Group
 
31 July Technical Market Report
31 July Technical Market Report31 July Technical Market Report
31 July Technical Market ReportQNB Group
 
18 May Daily market report
18 May Daily market report 18 May Daily market report
18 May Daily market report QNB Group
 

What's hot (20)

4 September Daily market report
4 September Daily market report 4 September Daily market report
4 September Daily market report
 
QNBFS Daily Market Report December 07, 2021
QNBFS Daily Market Report December 07, 2021QNBFS Daily Market Report December 07, 2021
QNBFS Daily Market Report December 07, 2021
 
17 December Daily Market Report
17 December Daily Market Report17 December Daily Market Report
17 December Daily Market Report
 
21 October Daily market report
21 October Daily market report21 October Daily market report
21 October Daily market report
 
7 November Daily Market Report
7 November Daily Market Report 7 November Daily Market Report
7 November Daily Market Report
 
24 November Daily market report
24 November Daily market report 24 November Daily market report
24 November Daily market report
 
3 December Daily market report
3 December Daily market report 3 December Daily market report
3 December Daily market report
 
20 February Daily market report
20 February Daily market report 20 February Daily market report
20 February Daily market report
 
QNBFS Daily Market Report May 17, 2020
QNBFS Daily Market Report May 17, 2020QNBFS Daily Market Report May 17, 2020
QNBFS Daily Market Report May 17, 2020
 
1 September Daily Market Report
1 September Daily Market Report 1 September Daily Market Report
1 September Daily Market Report
 
23 January Daily market report
23 January Daily market report 23 January Daily market report
23 January Daily market report
 
QNBFS Daily Market Report January 20, 2021
QNBFS Daily Market Report January 20, 2021QNBFS Daily Market Report January 20, 2021
QNBFS Daily Market Report January 20, 2021
 
22 September Daily market report
22 September Daily market report 22 September Daily market report
22 September Daily market report
 
QNBFS Daily Market Report March 21, 2021
QNBFS Daily Market Report March 21, 2021QNBFS Daily Market Report March 21, 2021
QNBFS Daily Market Report March 21, 2021
 
2 December Daily Market Report
2 December Daily Market Report2 December Daily Market Report
2 December Daily Market Report
 
21 November Daily Market Report
21 November Daily Market Report 21 November Daily Market Report
21 November Daily Market Report
 
QNBFS Daily Market Report May 08, 2016
QNBFS Daily Market Report May 08, 2016QNBFS Daily Market Report May 08, 2016
QNBFS Daily Market Report May 08, 2016
 
QNBFS Daily Market Report June 11, 2019
QNBFS Daily Market Report June 11, 2019QNBFS Daily Market Report June 11, 2019
QNBFS Daily Market Report June 11, 2019
 
31 July Technical Market Report
31 July Technical Market Report31 July Technical Market Report
31 July Technical Market Report
 
18 May Daily market report
18 May Daily market report 18 May Daily market report
18 May Daily market report
 

Viewers also liked

Apwg trends report_q1-q3_2015
Apwg trends report_q1-q3_2015Apwg trends report_q1-q3_2015
Apwg trends report_q1-q3_2015Andrey Apuhtin
 
Zentralisieren, Automatisieren und Zusammenarbeiten
Zentralisieren, Automatisieren und ZusammenarbeitenZentralisieren, Automatisieren und Zusammenarbeiten
Zentralisieren, Automatisieren und ZusammenarbeitenSDL Language Technologies
 
bar rendering flattend
bar rendering flattendbar rendering flattend
bar rendering flattendBryan Bietsch
 
Die Pad Saam Desember 2015/Januarie 2016
Die Pad Saam Desember 2015/Januarie 2016Die Pad Saam Desember 2015/Januarie 2016
Die Pad Saam Desember 2015/Januarie 2016Yellow Door Collective
 
Presentasi Ujian Akhir STMIK Amikom Yogyakarta
Presentasi Ujian Akhir STMIK Amikom YogyakartaPresentasi Ujian Akhir STMIK Amikom Yogyakarta
Presentasi Ujian Akhir STMIK Amikom YogyakartaYusuf A.H.
 
Top100 - What I see, What I learn
Top100 - What I see, What I learnTop100 - What I see, What I learn
Top100 - What I see, What I learnZunlin Zhang
 
Up asr m
Up asr mUp asr m
Up asr mdwes106
 
Assessment and reporting
Assessment and reportingAssessment and reporting
Assessment and reportingTina Zita
 
Importanciadela herramientaenlanube
Importanciadela herramientaenlanubeImportanciadela herramientaenlanube
Importanciadela herramientaenlanube123jani
 
North Carolina Probate: Commonly Asked Questions
North Carolina Probate: Commonly Asked QuestionsNorth Carolina Probate: Commonly Asked Questions
North Carolina Probate: Commonly Asked QuestionsCheryl David
 
помним вас, герои!
помним вас, герои!помним вас, герои!
помним вас, герои!rosasgeroev
 

Viewers also liked (17)

Apwg trends report_q1-q3_2015
Apwg trends report_q1-q3_2015Apwg trends report_q1-q3_2015
Apwg trends report_q1-q3_2015
 
Zentralisieren, Automatisieren und Zusammenarbeiten
Zentralisieren, Automatisieren und ZusammenarbeitenZentralisieren, Automatisieren und Zusammenarbeiten
Zentralisieren, Automatisieren und Zusammenarbeiten
 
Magazine nicole
Magazine   nicoleMagazine   nicole
Magazine nicole
 
bar rendering flattend
bar rendering flattendbar rendering flattend
bar rendering flattend
 
Die Pad Saam Desember 2015/Januarie 2016
Die Pad Saam Desember 2015/Januarie 2016Die Pad Saam Desember 2015/Januarie 2016
Die Pad Saam Desember 2015/Januarie 2016
 
Decentralization of education
Decentralization of educationDecentralization of education
Decentralization of education
 
Aisd3 socializing
Aisd3   socializingAisd3   socializing
Aisd3 socializing
 
Presentasi Ujian Akhir STMIK Amikom Yogyakarta
Presentasi Ujian Akhir STMIK Amikom YogyakartaPresentasi Ujian Akhir STMIK Amikom Yogyakarta
Presentasi Ujian Akhir STMIK Amikom Yogyakarta
 
Top100 - What I see, What I learn
Top100 - What I see, What I learnTop100 - What I see, What I learn
Top100 - What I see, What I learn
 
Up asr m
Up asr mUp asr m
Up asr m
 
M rx logs
M rx logsM rx logs
M rx logs
 
Assessment and reporting
Assessment and reportingAssessment and reporting
Assessment and reporting
 
Importanciadela herramientaenlanube
Importanciadela herramientaenlanubeImportanciadela herramientaenlanube
Importanciadela herramientaenlanube
 
hi there
hi therehi there
hi there
 
North Carolina Probate: Commonly Asked Questions
North Carolina Probate: Commonly Asked QuestionsNorth Carolina Probate: Commonly Asked Questions
North Carolina Probate: Commonly Asked Questions
 
Globalisation
GlobalisationGlobalisation
Globalisation
 
помним вас, герои!
помним вас, герои!помним вас, герои!
помним вас, герои!
 

Similar to 11 December Daily Market Report

24 October Daily Market Report
24 October Daily Market Report 24 October Daily Market Report
24 October Daily Market Report QNB Group
 
20 November Daily market report
20 November Daily market report20 November Daily market report
20 November Daily market reportQNB Group
 
5 December Daily Market Report
5 December Daily Market Report5 December Daily Market Report
5 December Daily Market ReportQNB Group
 
10 February Daily market report
10 February Daily market report 10 February Daily market report
10 February Daily market report QNB Group
 
16 October Daily market report
16 October Daily market report16 October Daily market report
16 October Daily market reportQNB Group
 
QNBFS Daily Market Report March 10, 2019
QNBFS Daily Market Report March 10, 2019QNBFS Daily Market Report March 10, 2019
QNBFS Daily Market Report March 10, 2019QNB Group
 
15 October Daily market report
15 October Daily market report15 October Daily market report
15 October Daily market reportQNB Group
 
13 October Daily market report
13 October Daily market report13 October Daily market report
13 October Daily market reportQNB Group
 
10 December Daily market report
10 December Daily market report 10 December Daily market report
10 December Daily market report QNB Group
 
14 October Daily market report
14 October Daily market report14 October Daily market report
14 October Daily market reportQNB Group
 
3 June Daily market report
3 June Daily market report 3 June Daily market report
3 June Daily market report QNB Group
 
QNBFS Daily Market Report November 10, 2019
QNBFS Daily Market Report November 10, 2019QNBFS Daily Market Report November 10, 2019
QNBFS Daily Market Report November 10, 2019QNB Group
 
QNBFS Daily Market Report December 13, 2020
QNBFS Daily Market Report December 13, 2020QNBFS Daily Market Report December 13, 2020
QNBFS Daily Market Report December 13, 2020QNB Group
 
25 November Daily market report
25 November Daily market report 25 November Daily market report
25 November Daily market report QNB Group
 
QNBFS Daily Technical Trader - Qatar April 17, 2017
QNBFS Daily Technical Trader - Qatar April 17, 2017QNBFS Daily Technical Trader - Qatar April 17, 2017
QNBFS Daily Technical Trader - Qatar April 17, 2017QNB Group
 
QNBFS Daily Market Report April 16, 2017
QNBFS Daily Market Report April 16, 2017QNBFS Daily Market Report April 16, 2017
QNBFS Daily Market Report April 16, 2017QNB Group
 
21 July Daily market report
21 July Daily market report21 July Daily market report
21 July Daily market reportQNB Group
 
27 October Daily market report
27 October Daily market report 27 October Daily market report
27 October Daily market report QNB Group
 
QNBFS Daily Market Report April 12, 2018
QNBFS Daily Market Report April 12, 2018QNBFS Daily Market Report April 12, 2018
QNBFS Daily Market Report April 12, 2018QNB Group
 
QNBFS Daily Market Report March 6, 2019
QNBFS Daily Market Report March 6, 2019QNBFS Daily Market Report March 6, 2019
QNBFS Daily Market Report March 6, 2019QNB Group
 

Similar to 11 December Daily Market Report (20)

24 October Daily Market Report
24 October Daily Market Report 24 October Daily Market Report
24 October Daily Market Report
 
20 November Daily market report
20 November Daily market report20 November Daily market report
20 November Daily market report
 
5 December Daily Market Report
5 December Daily Market Report5 December Daily Market Report
5 December Daily Market Report
 
10 February Daily market report
10 February Daily market report 10 February Daily market report
10 February Daily market report
 
16 October Daily market report
16 October Daily market report16 October Daily market report
16 October Daily market report
 
QNBFS Daily Market Report March 10, 2019
QNBFS Daily Market Report March 10, 2019QNBFS Daily Market Report March 10, 2019
QNBFS Daily Market Report March 10, 2019
 
15 October Daily market report
15 October Daily market report15 October Daily market report
15 October Daily market report
 
13 October Daily market report
13 October Daily market report13 October Daily market report
13 October Daily market report
 
10 December Daily market report
10 December Daily market report 10 December Daily market report
10 December Daily market report
 
14 October Daily market report
14 October Daily market report14 October Daily market report
14 October Daily market report
 
3 June Daily market report
3 June Daily market report 3 June Daily market report
3 June Daily market report
 
QNBFS Daily Market Report November 10, 2019
QNBFS Daily Market Report November 10, 2019QNBFS Daily Market Report November 10, 2019
QNBFS Daily Market Report November 10, 2019
 
QNBFS Daily Market Report December 13, 2020
QNBFS Daily Market Report December 13, 2020QNBFS Daily Market Report December 13, 2020
QNBFS Daily Market Report December 13, 2020
 
25 November Daily market report
25 November Daily market report 25 November Daily market report
25 November Daily market report
 
QNBFS Daily Technical Trader - Qatar April 17, 2017
QNBFS Daily Technical Trader - Qatar April 17, 2017QNBFS Daily Technical Trader - Qatar April 17, 2017
QNBFS Daily Technical Trader - Qatar April 17, 2017
 
QNBFS Daily Market Report April 16, 2017
QNBFS Daily Market Report April 16, 2017QNBFS Daily Market Report April 16, 2017
QNBFS Daily Market Report April 16, 2017
 
21 July Daily market report
21 July Daily market report21 July Daily market report
21 July Daily market report
 
27 October Daily market report
27 October Daily market report 27 October Daily market report
27 October Daily market report
 
QNBFS Daily Market Report April 12, 2018
QNBFS Daily Market Report April 12, 2018QNBFS Daily Market Report April 12, 2018
QNBFS Daily Market Report April 12, 2018
 
QNBFS Daily Market Report March 6, 2019
QNBFS Daily Market Report March 6, 2019QNBFS Daily Market Report March 6, 2019
QNBFS Daily Market Report March 6, 2019
 

More from QNB Group

QNBFS Daily Market Report December 24, 2023
QNBFS Daily Market Report December 24, 2023QNBFS Daily Market Report December 24, 2023
QNBFS Daily Market Report December 24, 2023QNB Group
 
QNBFS Daily Market Report November 29, 2023
QNBFS Daily Market Report November 29, 2023QNBFS Daily Market Report November 29, 2023
QNBFS Daily Market Report November 29, 2023QNB Group
 
QNBFS Weekly Market Report November 23, 2023
QNBFS Weekly Market Report November 23, 2023QNBFS Weekly Market Report November 23, 2023
QNBFS Weekly Market Report November 23, 2023QNB Group
 
QNBFS Weekly Market Report November 16, 2023
QNBFS Weekly Market Report November 16, 2023QNBFS Weekly Market Report November 16, 2023
QNBFS Weekly Market Report November 16, 2023QNB Group
 
QNBFS Daily Technical Trader Qatar - November 14, 2023 التحليل الفني اليومي ل...
QNBFS Daily Technical Trader Qatar - November 14, 2023 التحليل الفني اليومي ل...QNBFS Daily Technical Trader Qatar - November 14, 2023 التحليل الفني اليومي ل...
QNBFS Daily Technical Trader Qatar - November 14, 2023 التحليل الفني اليومي ل...QNB Group
 
QNBFS Daily Technical Trader Qatar - November 06, 2023 التحليل الفني اليومي ل...
QNBFS Daily Technical Trader Qatar - November 06, 2023 التحليل الفني اليومي ل...QNBFS Daily Technical Trader Qatar - November 06, 2023 التحليل الفني اليومي ل...
QNBFS Daily Technical Trader Qatar - November 06, 2023 التحليل الفني اليومي ل...QNB Group
 
QNBFS Daily Market Report October 30, 2023
QNBFS Daily Market Report October 30, 2023QNBFS Daily Market Report October 30, 2023
QNBFS Daily Market Report October 30, 2023QNB Group
 
QNBFS Daily Technical Trader Qatar - October 25, 2023 التحليل الفني اليومي لب...
QNBFS Daily Technical Trader Qatar - October 25, 2023 التحليل الفني اليومي لب...QNBFS Daily Technical Trader Qatar - October 25, 2023 التحليل الفني اليومي لب...
QNBFS Daily Technical Trader Qatar - October 25, 2023 التحليل الفني اليومي لب...QNB Group
 
QNBFS Daily Technical Trader Qatar - October 10, 2023 التحليل الفني اليومي لب...
QNBFS Daily Technical Trader Qatar - October 10, 2023 التحليل الفني اليومي لب...QNBFS Daily Technical Trader Qatar - October 10, 2023 التحليل الفني اليومي لب...
QNBFS Daily Technical Trader Qatar - October 10, 2023 التحليل الفني اليومي لب...QNB Group
 
QNBFS Daily Technical Trader Qatar - October 11, 2023 التحليل الفني اليومي لب...
QNBFS Daily Technical Trader Qatar - October 11, 2023 التحليل الفني اليومي لب...QNBFS Daily Technical Trader Qatar - October 11, 2023 التحليل الفني اليومي لب...
QNBFS Daily Technical Trader Qatar - October 11, 2023 التحليل الفني اليومي لب...QNB Group
 
QNBFS Daily Technical Trader Qatar - October 10, 2023 التحليل الفني اليومي لب...
QNBFS Daily Technical Trader Qatar - October 10, 2023 التحليل الفني اليومي لب...QNBFS Daily Technical Trader Qatar - October 10, 2023 التحليل الفني اليومي لب...
QNBFS Daily Technical Trader Qatar - October 10, 2023 التحليل الفني اليومي لب...QNB Group
 
QNBFS Daily Market Report October 04, 2023
QNBFS Daily Market Report October 04, 2023QNBFS Daily Market Report October 04, 2023
QNBFS Daily Market Report October 04, 2023QNB Group
 
QNBFS Daily Technical Trader Qatar - October 04, 2023 التحليل الفني اليومي لب...
QNBFS Daily Technical Trader Qatar - October 04, 2023 التحليل الفني اليومي لب...QNBFS Daily Technical Trader Qatar - October 04, 2023 التحليل الفني اليومي لب...
QNBFS Daily Technical Trader Qatar - October 04, 2023 التحليل الفني اليومي لب...QNB Group
 
QNBFS Daily Technical Trader Qatar - September 28, 2023 التحليل الفني اليومي ...
QNBFS Daily Technical Trader Qatar - September 28, 2023 التحليل الفني اليومي ...QNBFS Daily Technical Trader Qatar - September 28, 2023 التحليل الفني اليومي ...
QNBFS Daily Technical Trader Qatar - September 28, 2023 التحليل الفني اليومي ...QNB Group
 
QNBFS Daily Market Report September 24, 2023
QNBFS Daily Market Report September 24, 2023QNBFS Daily Market Report September 24, 2023
QNBFS Daily Market Report September 24, 2023QNB Group
 
QNBFS Daily Technical Trader Qatar - September 24, 2023 التحليل الفني اليومي ...
QNBFS Daily Technical Trader Qatar - September 24, 2023 التحليل الفني اليومي ...QNBFS Daily Technical Trader Qatar - September 24, 2023 التحليل الفني اليومي ...
QNBFS Daily Technical Trader Qatar - September 24, 2023 التحليل الفني اليومي ...QNB Group
 
QNBFS Daily Technical Trader Qatar - September 19, 2023 التحليل الفني اليومي ...
QNBFS Daily Technical Trader Qatar - September 19, 2023 التحليل الفني اليومي ...QNBFS Daily Technical Trader Qatar - September 19, 2023 التحليل الفني اليومي ...
QNBFS Daily Technical Trader Qatar - September 19, 2023 التحليل الفني اليومي ...QNB Group
 
QNBFS Daily Market Report September 17, 2023
QNBFS Daily Market Report September 17, 2023QNBFS Daily Market Report September 17, 2023
QNBFS Daily Market Report September 17, 2023QNB Group
 
QNBFS Weekly Market Report September 07, 2023
QNBFS Weekly Market Report September 07, 2023QNBFS Weekly Market Report September 07, 2023
QNBFS Weekly Market Report September 07, 2023QNB Group
 
QNBFS Daily Technical Trader Qatar - September 07, 2023 التحليل الفني اليومي ...
QNBFS Daily Technical Trader Qatar - September 07, 2023 التحليل الفني اليومي ...QNBFS Daily Technical Trader Qatar - September 07, 2023 التحليل الفني اليومي ...
QNBFS Daily Technical Trader Qatar - September 07, 2023 التحليل الفني اليومي ...QNB Group
 

More from QNB Group (20)

QNBFS Daily Market Report December 24, 2023
QNBFS Daily Market Report December 24, 2023QNBFS Daily Market Report December 24, 2023
QNBFS Daily Market Report December 24, 2023
 
QNBFS Daily Market Report November 29, 2023
QNBFS Daily Market Report November 29, 2023QNBFS Daily Market Report November 29, 2023
QNBFS Daily Market Report November 29, 2023
 
QNBFS Weekly Market Report November 23, 2023
QNBFS Weekly Market Report November 23, 2023QNBFS Weekly Market Report November 23, 2023
QNBFS Weekly Market Report November 23, 2023
 
QNBFS Weekly Market Report November 16, 2023
QNBFS Weekly Market Report November 16, 2023QNBFS Weekly Market Report November 16, 2023
QNBFS Weekly Market Report November 16, 2023
 
QNBFS Daily Technical Trader Qatar - November 14, 2023 التحليل الفني اليومي ل...
QNBFS Daily Technical Trader Qatar - November 14, 2023 التحليل الفني اليومي ل...QNBFS Daily Technical Trader Qatar - November 14, 2023 التحليل الفني اليومي ل...
QNBFS Daily Technical Trader Qatar - November 14, 2023 التحليل الفني اليومي ل...
 
QNBFS Daily Technical Trader Qatar - November 06, 2023 التحليل الفني اليومي ل...
QNBFS Daily Technical Trader Qatar - November 06, 2023 التحليل الفني اليومي ل...QNBFS Daily Technical Trader Qatar - November 06, 2023 التحليل الفني اليومي ل...
QNBFS Daily Technical Trader Qatar - November 06, 2023 التحليل الفني اليومي ل...
 
QNBFS Daily Market Report October 30, 2023
QNBFS Daily Market Report October 30, 2023QNBFS Daily Market Report October 30, 2023
QNBFS Daily Market Report October 30, 2023
 
QNBFS Daily Technical Trader Qatar - October 25, 2023 التحليل الفني اليومي لب...
QNBFS Daily Technical Trader Qatar - October 25, 2023 التحليل الفني اليومي لب...QNBFS Daily Technical Trader Qatar - October 25, 2023 التحليل الفني اليومي لب...
QNBFS Daily Technical Trader Qatar - October 25, 2023 التحليل الفني اليومي لب...
 
QNBFS Daily Technical Trader Qatar - October 10, 2023 التحليل الفني اليومي لب...
QNBFS Daily Technical Trader Qatar - October 10, 2023 التحليل الفني اليومي لب...QNBFS Daily Technical Trader Qatar - October 10, 2023 التحليل الفني اليومي لب...
QNBFS Daily Technical Trader Qatar - October 10, 2023 التحليل الفني اليومي لب...
 
QNBFS Daily Technical Trader Qatar - October 11, 2023 التحليل الفني اليومي لب...
QNBFS Daily Technical Trader Qatar - October 11, 2023 التحليل الفني اليومي لب...QNBFS Daily Technical Trader Qatar - October 11, 2023 التحليل الفني اليومي لب...
QNBFS Daily Technical Trader Qatar - October 11, 2023 التحليل الفني اليومي لب...
 
QNBFS Daily Technical Trader Qatar - October 10, 2023 التحليل الفني اليومي لب...
QNBFS Daily Technical Trader Qatar - October 10, 2023 التحليل الفني اليومي لب...QNBFS Daily Technical Trader Qatar - October 10, 2023 التحليل الفني اليومي لب...
QNBFS Daily Technical Trader Qatar - October 10, 2023 التحليل الفني اليومي لب...
 
QNBFS Daily Market Report October 04, 2023
QNBFS Daily Market Report October 04, 2023QNBFS Daily Market Report October 04, 2023
QNBFS Daily Market Report October 04, 2023
 
QNBFS Daily Technical Trader Qatar - October 04, 2023 التحليل الفني اليومي لب...
QNBFS Daily Technical Trader Qatar - October 04, 2023 التحليل الفني اليومي لب...QNBFS Daily Technical Trader Qatar - October 04, 2023 التحليل الفني اليومي لب...
QNBFS Daily Technical Trader Qatar - October 04, 2023 التحليل الفني اليومي لب...
 
QNBFS Daily Technical Trader Qatar - September 28, 2023 التحليل الفني اليومي ...
QNBFS Daily Technical Trader Qatar - September 28, 2023 التحليل الفني اليومي ...QNBFS Daily Technical Trader Qatar - September 28, 2023 التحليل الفني اليومي ...
QNBFS Daily Technical Trader Qatar - September 28, 2023 التحليل الفني اليومي ...
 
QNBFS Daily Market Report September 24, 2023
QNBFS Daily Market Report September 24, 2023QNBFS Daily Market Report September 24, 2023
QNBFS Daily Market Report September 24, 2023
 
QNBFS Daily Technical Trader Qatar - September 24, 2023 التحليل الفني اليومي ...
QNBFS Daily Technical Trader Qatar - September 24, 2023 التحليل الفني اليومي ...QNBFS Daily Technical Trader Qatar - September 24, 2023 التحليل الفني اليومي ...
QNBFS Daily Technical Trader Qatar - September 24, 2023 التحليل الفني اليومي ...
 
QNBFS Daily Technical Trader Qatar - September 19, 2023 التحليل الفني اليومي ...
QNBFS Daily Technical Trader Qatar - September 19, 2023 التحليل الفني اليومي ...QNBFS Daily Technical Trader Qatar - September 19, 2023 التحليل الفني اليومي ...
QNBFS Daily Technical Trader Qatar - September 19, 2023 التحليل الفني اليومي ...
 
QNBFS Daily Market Report September 17, 2023
QNBFS Daily Market Report September 17, 2023QNBFS Daily Market Report September 17, 2023
QNBFS Daily Market Report September 17, 2023
 
QNBFS Weekly Market Report September 07, 2023
QNBFS Weekly Market Report September 07, 2023QNBFS Weekly Market Report September 07, 2023
QNBFS Weekly Market Report September 07, 2023
 
QNBFS Daily Technical Trader Qatar - September 07, 2023 التحليل الفني اليومي ...
QNBFS Daily Technical Trader Qatar - September 07, 2023 التحليل الفني اليومي ...QNBFS Daily Technical Trader Qatar - September 07, 2023 التحليل الفني اليومي ...
QNBFS Daily Technical Trader Qatar - September 07, 2023 التحليل الفني اليومي ...
 

Recently uploaded

VVIP Pune Call Girls Katraj (7001035870) Pune Escorts Nearby with Complete Sa...
VVIP Pune Call Girls Katraj (7001035870) Pune Escorts Nearby with Complete Sa...VVIP Pune Call Girls Katraj (7001035870) Pune Escorts Nearby with Complete Sa...
VVIP Pune Call Girls Katraj (7001035870) Pune Escorts Nearby with Complete Sa...Call Girls in Nagpur High Profile
 
Top Rated Pune Call Girls Viman Nagar ⟟ 6297143586 ⟟ Call Me For Genuine Sex...
Top Rated  Pune Call Girls Viman Nagar ⟟ 6297143586 ⟟ Call Me For Genuine Sex...Top Rated  Pune Call Girls Viman Nagar ⟟ 6297143586 ⟟ Call Me For Genuine Sex...
Top Rated Pune Call Girls Viman Nagar ⟟ 6297143586 ⟟ Call Me For Genuine Sex...Call Girls in Nagpur High Profile
 
The Economic History of the U.S. Lecture 17.pdf
The Economic History of the U.S. Lecture 17.pdfThe Economic History of the U.S. Lecture 17.pdf
The Economic History of the U.S. Lecture 17.pdfGale Pooley
 
Log your LOA pain with Pension Lab's brilliant campaign
Log your LOA pain with Pension Lab's brilliant campaignLog your LOA pain with Pension Lab's brilliant campaign
Log your LOA pain with Pension Lab's brilliant campaignHenry Tapper
 
The Economic History of the U.S. Lecture 26.pdf
The Economic History of the U.S. Lecture 26.pdfThe Economic History of the U.S. Lecture 26.pdf
The Economic History of the U.S. Lecture 26.pdfGale Pooley
 
Independent Call Girl Number in Kurla Mumbai📲 Pooja Nehwal 9892124323 💞 Full ...
Independent Call Girl Number in Kurla Mumbai📲 Pooja Nehwal 9892124323 💞 Full ...Independent Call Girl Number in Kurla Mumbai📲 Pooja Nehwal 9892124323 💞 Full ...
Independent Call Girl Number in Kurla Mumbai📲 Pooja Nehwal 9892124323 💞 Full ...Pooja Nehwal
 
High Class Call Girls Nashik Maya 7001305949 Independent Escort Service Nashik
High Class Call Girls Nashik Maya 7001305949 Independent Escort Service NashikHigh Class Call Girls Nashik Maya 7001305949 Independent Escort Service Nashik
High Class Call Girls Nashik Maya 7001305949 Independent Escort Service NashikCall Girls in Nagpur High Profile
 
WhatsApp 📞 Call : 9892124323 ✅Call Girls In Chembur ( Mumbai ) secure service
WhatsApp 📞 Call : 9892124323  ✅Call Girls In Chembur ( Mumbai ) secure serviceWhatsApp 📞 Call : 9892124323  ✅Call Girls In Chembur ( Mumbai ) secure service
WhatsApp 📞 Call : 9892124323 ✅Call Girls In Chembur ( Mumbai ) secure servicePooja Nehwal
 
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur EscortsCall Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escortsranjana rawat
 
The Economic History of the U.S. Lecture 22.pdf
The Economic History of the U.S. Lecture 22.pdfThe Economic History of the U.S. Lecture 22.pdf
The Economic History of the U.S. Lecture 22.pdfGale Pooley
 
Booking open Available Pune Call Girls Wadgaon Sheri 6297143586 Call Hot Ind...
Booking open Available Pune Call Girls Wadgaon Sheri  6297143586 Call Hot Ind...Booking open Available Pune Call Girls Wadgaon Sheri  6297143586 Call Hot Ind...
Booking open Available Pune Call Girls Wadgaon Sheri 6297143586 Call Hot Ind...Call Girls in Nagpur High Profile
 
The Economic History of the U.S. Lecture 30.pdf
The Economic History of the U.S. Lecture 30.pdfThe Economic History of the U.S. Lecture 30.pdf
The Economic History of the U.S. Lecture 30.pdfGale Pooley
 
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130Suhani Kapoor
 
Booking open Available Pune Call Girls Shivane 6297143586 Call Hot Indian Gi...
Booking open Available Pune Call Girls Shivane  6297143586 Call Hot Indian Gi...Booking open Available Pune Call Girls Shivane  6297143586 Call Hot Indian Gi...
Booking open Available Pune Call Girls Shivane 6297143586 Call Hot Indian Gi...Call Girls in Nagpur High Profile
 
The Economic History of the U.S. Lecture 23.pdf
The Economic History of the U.S. Lecture 23.pdfThe Economic History of the U.S. Lecture 23.pdf
The Economic History of the U.S. Lecture 23.pdfGale Pooley
 
Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...
Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...
Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...ssifa0344
 
The Economic History of the U.S. Lecture 19.pdf
The Economic History of the U.S. Lecture 19.pdfThe Economic History of the U.S. Lecture 19.pdf
The Economic History of the U.S. Lecture 19.pdfGale Pooley
 

Recently uploaded (20)

VVIP Pune Call Girls Katraj (7001035870) Pune Escorts Nearby with Complete Sa...
VVIP Pune Call Girls Katraj (7001035870) Pune Escorts Nearby with Complete Sa...VVIP Pune Call Girls Katraj (7001035870) Pune Escorts Nearby with Complete Sa...
VVIP Pune Call Girls Katraj (7001035870) Pune Escorts Nearby with Complete Sa...
 
Commercial Bank Economic Capsule - April 2024
Commercial Bank Economic Capsule - April 2024Commercial Bank Economic Capsule - April 2024
Commercial Bank Economic Capsule - April 2024
 
Top Rated Pune Call Girls Viman Nagar ⟟ 6297143586 ⟟ Call Me For Genuine Sex...
Top Rated  Pune Call Girls Viman Nagar ⟟ 6297143586 ⟟ Call Me For Genuine Sex...Top Rated  Pune Call Girls Viman Nagar ⟟ 6297143586 ⟟ Call Me For Genuine Sex...
Top Rated Pune Call Girls Viman Nagar ⟟ 6297143586 ⟟ Call Me For Genuine Sex...
 
The Economic History of the U.S. Lecture 17.pdf
The Economic History of the U.S. Lecture 17.pdfThe Economic History of the U.S. Lecture 17.pdf
The Economic History of the U.S. Lecture 17.pdf
 
Log your LOA pain with Pension Lab's brilliant campaign
Log your LOA pain with Pension Lab's brilliant campaignLog your LOA pain with Pension Lab's brilliant campaign
Log your LOA pain with Pension Lab's brilliant campaign
 
The Economic History of the U.S. Lecture 26.pdf
The Economic History of the U.S. Lecture 26.pdfThe Economic History of the U.S. Lecture 26.pdf
The Economic History of the U.S. Lecture 26.pdf
 
Independent Call Girl Number in Kurla Mumbai📲 Pooja Nehwal 9892124323 💞 Full ...
Independent Call Girl Number in Kurla Mumbai📲 Pooja Nehwal 9892124323 💞 Full ...Independent Call Girl Number in Kurla Mumbai📲 Pooja Nehwal 9892124323 💞 Full ...
Independent Call Girl Number in Kurla Mumbai📲 Pooja Nehwal 9892124323 💞 Full ...
 
High Class Call Girls Nashik Maya 7001305949 Independent Escort Service Nashik
High Class Call Girls Nashik Maya 7001305949 Independent Escort Service NashikHigh Class Call Girls Nashik Maya 7001305949 Independent Escort Service Nashik
High Class Call Girls Nashik Maya 7001305949 Independent Escort Service Nashik
 
WhatsApp 📞 Call : 9892124323 ✅Call Girls In Chembur ( Mumbai ) secure service
WhatsApp 📞 Call : 9892124323  ✅Call Girls In Chembur ( Mumbai ) secure serviceWhatsApp 📞 Call : 9892124323  ✅Call Girls In Chembur ( Mumbai ) secure service
WhatsApp 📞 Call : 9892124323 ✅Call Girls In Chembur ( Mumbai ) secure service
 
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur EscortsCall Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
 
The Economic History of the U.S. Lecture 22.pdf
The Economic History of the U.S. Lecture 22.pdfThe Economic History of the U.S. Lecture 22.pdf
The Economic History of the U.S. Lecture 22.pdf
 
Booking open Available Pune Call Girls Wadgaon Sheri 6297143586 Call Hot Ind...
Booking open Available Pune Call Girls Wadgaon Sheri  6297143586 Call Hot Ind...Booking open Available Pune Call Girls Wadgaon Sheri  6297143586 Call Hot Ind...
Booking open Available Pune Call Girls Wadgaon Sheri 6297143586 Call Hot Ind...
 
The Economic History of the U.S. Lecture 30.pdf
The Economic History of the U.S. Lecture 30.pdfThe Economic History of the U.S. Lecture 30.pdf
The Economic History of the U.S. Lecture 30.pdf
 
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130
 
Booking open Available Pune Call Girls Shivane 6297143586 Call Hot Indian Gi...
Booking open Available Pune Call Girls Shivane  6297143586 Call Hot Indian Gi...Booking open Available Pune Call Girls Shivane  6297143586 Call Hot Indian Gi...
Booking open Available Pune Call Girls Shivane 6297143586 Call Hot Indian Gi...
 
The Economic History of the U.S. Lecture 23.pdf
The Economic History of the U.S. Lecture 23.pdfThe Economic History of the U.S. Lecture 23.pdf
The Economic History of the U.S. Lecture 23.pdf
 
Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...
Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...
Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...
 
Veritas Interim Report 1 January–31 March 2024
Veritas Interim Report 1 January–31 March 2024Veritas Interim Report 1 January–31 March 2024
Veritas Interim Report 1 January–31 March 2024
 
(INDIRA) Call Girl Mumbai Call Now 8250077686 Mumbai Escorts 24x7
(INDIRA) Call Girl Mumbai Call Now 8250077686 Mumbai Escorts 24x7(INDIRA) Call Girl Mumbai Call Now 8250077686 Mumbai Escorts 24x7
(INDIRA) Call Girl Mumbai Call Now 8250077686 Mumbai Escorts 24x7
 
The Economic History of the U.S. Lecture 19.pdf
The Economic History of the U.S. Lecture 19.pdfThe Economic History of the U.S. Lecture 19.pdf
The Economic History of the U.S. Lecture 19.pdf
 

11 December Daily Market Report

  • 1. QE Intra-Day Movement Market Indicators 10,520 10,500 10,480 10 Dec 13 %Chg. 366.8 558,115.9 9.8 4,436 39 17:17 495.9 559,607.4 16.9 6,465 40 20:18 (26.0) (0.3) (42.0) (31.4) (2.5) – Market Indices 10,460 10,440 9:30 11 Dec 13 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 declined 0.4% to close at 10,457.1. Losses were led by the Telecoms and Banking & Financial Services indices, declining 1.2% and 0.5% respectively. Top losers were Qatar General Ins. & Rein. and Doha Insurance Co., falling 3.3% and 1.9% respectively. Among the top gainers, Widam Food Co. rose 2.9%, while Gulf Warehousing Co. gained 0.9%. Close Total Return All Share Index Banks Industrials Transportation Real Estate Insurance Telecoms Consumer Al Rayan Islamic Index 1D% WTD% YTD% TTM P/E 14,940.82 2,602.43 2,481.05 3,426.50 1,924.40 2,012.59 2,366.97 1,455.02 5,968.45 3,064.80 (0.4) (0.3) (0.5) 0.2 (0.4) 0.1 (0.5) (1.2) 0.2 (0.0) 0.7 0.7 0.9 1.3 (0.4) 0.7 0.3 (0.4) (0.2) (0.1) 32.1 29.2 27.3 30.4 43.6 24.9 20.5 36.6 27.8 23.2 N/A 13.2 13.3 12.4 13.0 13.8 9.7 19.8 22.6 15.9 GCC Commentary GCC Top Gainers## Exchange Saudi Arabia: The TASI index gained marginally to close at 8,399.6. Gains were led by the Real Estate Dev. and Hotel & Tourism indices, rising 0.5% and 0.4% respectively. ANB Ins. gained 9.9%, while Petro Rabigh was up 4.6%. IFA Hotels & Resorts Kuwait Petro Rabigh Saudi Arabia Dubai: The DFM index fell 0.1% to close at 3,099.5. The Services index declined 2.1%, while the Real Estate & Construction index was up 0.8%. National Industries Group fell 9.9%, while Union Properties was down 7.8%. EITC Dubai Saudi Airlines Catering Saudi Arabia Abu Dhabi: The ADX benchmark index declined 0.8% to close at 3,986.1. The Energy index fell 1.5%, while the Real Estate index was down 1.2%. United Arab Bank declined 9.9%, while Abu Dhabi Ship Building Co. was down 9.8%. SPIMACO Saudi Arabia 63.00 GCC Top Losers Exchange Kuwait: The KSE index fell 0.1% to close at 7,750.8. The Telecomm. index declined 1.3%, while the Consumer Goods index was down 1.2%. Safwan Trading & Contracting fell 8.9%, while Palms Agro Production was down 7.4%. United Arab Bank Abu Dhabi Qatar Gen. Ins. & Rein. Oman: The MSM index declined 0.1% to close at 6,751.5. Losses were led by the Bank. & Inv. and Industrial indices, falling 0.5% and 0.1% respectively. Al Madina Investments declined 4.6%, while Al Madina Takaful was down 4.1%. Bahrain: The BHB index gained 0.1% to close at 1,208.4. The Hotel & Tourism index rose 0.5%, while the Services index was up 0.2%. Nass Corporation gained 3.2%, while Seef Properties was up 1.3%. ## Close# 1D% Vol. ‘000 0.30 5.4 2,687.0 (16.8) 18.20 4.6 4,227.7 3.7 6.75 3.8 9,461.9 93.4 143.00 2.9 125.3 83.3 2.9 475.8 44.2 # Close 1D% Vol. ‘000 YTD% YTD% 5.90 (9.9) 2.5 91.6 Qatar 48.35 (3.3) 11.9 5.1 Nat. Mobile Telecomm. Kuwait 1.76 (2.2) 2.6 (24.8) Drake & Scull Int. Dubai 1.38 (2.1) 12,532.7 96.0 Saudi Enaya Coop. Ins. Saudi Arabia 33.80 (2.0) 559.2 (29.0) 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) Widam Food Co. Close* 1D% Vol. ‘000 YTD% Close* 1D% Vol. ‘000 YTD% 53.00 Qatar Exchange Top Gainers 2.9 251.4 (9.9) Qatar General Ins. & Rein. 48.35 (3.3) 11.9 5.1 22.4 Doha Insurance Co. 25.25 (1.9) 1.9 2.9 4.5 Qatar Exchange Top Losers Gulf Warehousing Co. 41.00 0.9 Qatar & Oman Investment Co. 12.79 0.7 85.7 3.2 Doha Bank 57.30 (1.9) 328.4 23.6 Al Khalij Commercial Bank 19.99 0.7 467.9 17.7 Qatar Industrial Manufacturing Co. 50.70 (1.4) 4.2 (4.5) Industries Qatar 168.90 0.7 470.6 19.8 Ooredoo 135.70 (1.2) 6.2 30.5 Qatar Exchange Top Vol. Trades Close* 1D% Vol. ‘000 YTD% Qatar Exchange Top Val. Trades Close* 1D% Val. ‘000 YTD% Vodafone Qatar 11.46 (1.2) 3,453.5 37.2 Industries Qatar 168.90 0.7 79,664.9 19.8 Barwa Real Estate Co. 30.90 0.3 1,625.5 12.6 Barwa Real Estate Co. 30.90 0.3 50,408.4 12.6 Masraf Al Rayan 33.50 (0.9) 650.4 35.1 Vodafone Qatar 11.46 (1.2) 39,912.3 37.2 Mazaya Qatar Real Estate Dev. 11.58 0.1 514.6 5.3 173.40 (0.5) 33,052.2 32.5 168.90 0.7 470.6 19.8 33.50 (0.9) 21,931.2 35.1 Industries Qatar Qatar* Dubai Abu Dhabi Saudi Arabia Kuwait Oman Bahrain Masraf Al Rayan Source: Bloomberg (* in QR) Source: Bloomberg (* in QR) Regional Indices QNB Group Close 1D% WTD% MTD% YTD% 10,457.12 3,099.54 3,986.11 8,399.65 7,750.76 6,751.47 1,208.44 (0.4) (0.1) (0.8) 0.0 (0.1) (0.1) 0.1 0.7 2.9 1.2 1.9 (0.2) (0.3) 0.9 0.8 5.2 3.5 0.9 (0.4) 0.4 (0.0) 25.1 91.0 51.5 23.5 30.6 17.2 13.4 Exch. Val. Traded ($ mn) 149.52 196.27 93.07 1,184.85 75.28 17.49 5.92 Exchange Mkt. Cap. ($ mn) 153,258.6 72,133.3 113,492.5 457,735.1 109,717.9 24,252.4 49,702.7 P/E** P/B** 13.4 18.3 11.1 17.2 16.9 10.6 8.1 1.8 1.2 1.4 2.1 1.2 1.6 0.9 Dividend Yield 4.4 2.9 4.5 3.5 3.6 3.8 4.0 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 declined 0.4% to close at 10,457.1. The Telecoms and Banking & Financial Services indices led the losses. The index declined on the back of selling pressure from Qatari shareholders despite buying support from non-Qatari shareholders.  Qatar General Ins. & Rein. and Doha Insurance Co. were the top losers, falling 3.3% and 1.9% respectively. Among the top gainers, Widam Food Co. rose 2.9%, while Gulf Warehousing Co. gained 0.9%. Overall Activity Buy %* Sell %* Net (QR) Qatari 65.37% 70.97% (20,534,174.21) Non-Qatari 34.63% 29.03% 20,534,174.21 Source: Qatar Exchange (* as a % of traded value)  Volume of shares traded on Wednesday declined by 42.0% to 9.8mn from 16.9mn on Tuesday. Further, as compared to the 30day moving average of 12.6mn, volume for the day was 22.3% lower. Vodafone Qatar and Barwa Real Estate Co. were the most active stocks, contributing 35.2% and 16.6% to the total volume respectively. Ratings, Earnings and Global Economic Data Ratings Updates Company Agency Market Damaan Islamic Insurance Co. (Beema) Moody’s Qatar Saudi Arabia Saudi Arabia Saudi Arabia Al Rajhi Bank Fitch National Commercial Bank (NCB) Fitch Riyad Bank Fitch Samba Financial Group (SFG) Fitch Saudi Arabia Arab National Bank (ANB) Fitch Saudi Arabia Banque Saudi Fransi (BSF) Fitch Saudi Arabia Saudi British Bank (SABB) Fitch Saudi Arabia Saudi Hollandi Bank (SHB) Saudi Investment Bank (SAIB) Fitch Fitch Alinma Bank Fitch Bank AlJazira (BAJ) Fitch Aljazira Capital (AJC) Fitch Saudi Arabia Saudi Arabia Saudi Arabia Saudi Arabia Saudi Arabia Type* Old Rating New Rating Rating Change Outlook Outlook Change – Baa2 – Stable – A+/F1/a/1/A+ A+/F1/a/1/A+ – Stable – A+/F1/a/1/A+ A+/F1/a/1/A+ – Stable – A+/F1/a/1/A+ A+/F1/a/1/A+ – Stable – A+/F1/a/1/A+/( A+/F1) A+/F1/a/1/A+/ (A+/F1) – Stable – A/F1/a/1/A- A/F1/a/1/A- – Stable * A/F1/a/1/A-/ (A/F1)/A/A/A A/F1/a/1/A-/ (A/F1)/A/A/A – Stable * A/F1/A/a/1/A/(A/F1)/A A/F1/A/a/1/A/(A/F1)/A – Stable * A/F2/bbb/1/AA-/F2/bbb/1/AA-/F2/bbb/1/AA/F2/bb+/1/A- – Stable – – Stable – – Stable – – Stable – A-/F2/1 – Stable – Insurance Financial Strength Rating LT IDR/ ST IDR/ VR/ SR/ SR floor LT IDR/ ST IDR/ VR/ SR/ SR floor LT IDR/ ST IDR/ VR/ SR/ SR floor LT IDR/ ST IDR/ VR/ SR/ SR floor/ EMTN program LT IDR/ ST IDR/ VR/ SR/ SR floor LT IDR/ ST IDR/ VR/ SR/ SR floor/ EMTN program/ Senior unsecured notes/ BSF sukuk limited trust certificate issuance program/ Senior unsecured trust certificates LT FC IDR/ ST FC IDR/ LT LC IDR/ VR/ SR/ SR floor/ EMTN program/ Senior unsecured notes LT IDR/ ST IDR/ VR/ SR/ SR floor LT IDR/ ST IDR/ VR/ SR/ SR floor LT IDR/ ST IDR/ VR/ SR/ SR floor LT IDR/ ST IDR/ VR/ SR/ SR floor A-/F2/bbb/1/AA-/F2/bbb-/1/AA-/F2/bbb-/1/AA-/F2/bb+/1/A- LT IDR/ ST IDR/ SR A-/F2/1 Source: News reports (* LT – Long Term, ST – Short Term, FSR- Financial Strength Rating, FCR – Foreign Credit Rating, LCR – Local Currency Rating, IDR – Issuer Default Rating, SR – Support Rating, LC – Local Currency) (VR – Viability Rating, FC – Foreign Currency) (* Outlook revised from Negative to Stable) Global Economic Data Date Market Source Indicator Period Actual Consensus Previous 12/11 US MBA MBA Mortgage Applications 6-December 12/11 France INSEE Non-Farm Payrolls QoQ 3Q2013 1.00% – -12.80% -0.10% -0.10% 12/11 France Banque De France Current Account Balance October -2.1B – -0.20% -3.6B 12/11 Germany Destatis CPI MoM November 0.20% 0.20% -0.20% 12/11 Germany Destatis CPI YoY November 1.30% 1.30% 1.20% 12/11 Germany Destatis CPI EU Harmonized MoM November 0.20% 0.20% -0.30% 12/11 Germany Destatis CPI EU Harmonized YoY November 1.60% 1.60% 1.20% 12/11 China National Bureau of Stat. New Yuan Loans November 624.6B 580.0B 506.1B Page 2 of 5
  • 3. 12/11 China People's Bank of China Money Supply M0 YoY November 7.70% 8.10% 12/11 China People's Bank of China Money Supply M1 YoY November 9.40% 9.00% 8.00% 8.90% 12/11 China People's Bank of China Money Supply M2 YoY November 14.20% 14.20% 14.30% 12/11 China National Bureau of Stat. Aggregate Financing RMB November 1230.0B 920.0B 856.4B 12/11 Japan ESRI Machine Orders MoM October 0.60% 0.70% -2.10% 12/11 Japan ESRI Machine Orders YoY October 17.80% 15.00% 11.40% Source: Bloomberg (s.a. = seasonally adjusted; n.s.a. = non-seasonally adjusted; w.d.a. = working day adjusted) News Qatar  QR1.8bn Helium 2 Plant starts up at Ras Laffan – Qatar has become the world’s largest exporter and second-largest producer of helium with the start up of the QR1.8bn Helium 2 Plant at Ras Laffan with a design capacity of 1.3bn standard cubic feet a year. The plant, which is the world’s largest helium refining facility, co-owned by Qatargas and RasGas, will be operated by the latter. (Gulf-Times.com)  Lusail City’s 80% of properties sold – Qatari Diar Real Estate Investment Company said that 80% of real estate in the new Lusail City has been sold. (Bloomberg)  KCBK’s BoD approves bank’s 2014 budget, business plans – Al Khalij Commercial Bank’s (KCBK) board of directors has discussed the provisional budget for 2014 and approved a number of items related to bank’s business plans and regular activities. These include approval for new policies and frameworks that aim to enhance governance within the organization. (QE)  Ooredoo Algeria plans to float 10-15% stake on Algiers Bourse in 2014 – Ooredoo Algeria’s CEO Joseph Ged said the company is planning to float 10-15% of its stake on the Algiers Bourse in 2014. The company expects a net profit of $190mn on a turnover of $1bn in 2013. (Bloomberg)  QTA plans to encourage cruise tourism – The Qatar Tourism Authority (QTA) Chairman Issa bin Mohamed al-Mohannadi stated that QTA is planning to transform the Doha port into a cruise terminal, containing a hotel, restaurants, residential and retail shopping space. Al-Mohannadi said this terminal will be considered as an infrastructure investment to upgrade the facilities for the tourism sector. (Gulf-Times.com)  Alfardan Group donates QR240,000 to QRC campaign – Qatar Red Crescent (QRC) received a donation of QR240,000 from Alfardan Group to support the victims of natural disasters in Somalia and the Philippines. Under this Qatar Solidarity Campaign, donations worth of QR100,000 will be distributed in Somalia, while the Philippines will receive QR140,000. (GulfTimes.com) Regional  E&Y: Domestic M&A deals in MENA rise by 170% to $8.2bn in 3Q2013 – According to E&Y’s 3Q2013 MENA mergers & acquisitions (M&A) update, the value of domestic deals have risen by 170% YoY to $8.2bn in 3Q2013. The total disclosed value of M&As in the MENA region rose 76% YoY to $17.3bn in 3Q2013. The inbound deal value stood at $3.9bn in 3Q2013 as compared to $1.1bn in 3Q2012. However, the outbound disclosed deals have declined by 9% YoY to $5.2bn in 3Q2013. The report showed that Saudi Arabia led the MENA region with 13 deals, followed by the UAE with 12 deals. (GulfBase.com)  Kingdom to raise power capacity from 55GW to 120GW by 2020 – Saudi Arabia is planning to increase power generating capacity from 55 Gigawatts (GW) to 120GW by 2020, which will be further raised by 2032. This will be the largest electrical supply expansion plan in the Middle East, which will meet the rising demand for power driven primarily by steady population growth, an expanding industrial sector, surging air-conditioning requirements and heavily subsidized electricity rates. (GulfBase.com)  SAMREF offers 6mn barrels of 500 ppm sulfur gasoil – The Saudi Aramco Mobil Refinery Company (SAMREF) – a JV between Saudi Arabian Oil Company and US-based Exxon Mobil – has offered up to 6mn barrels of 500 parts per million (ppm) sulphur gasoil through a rare-term tender for loading in 2014. SAMREF has offered 11-12 cargoes of around 300,000500,000 barrels each of gasoil for loading from Yanbu during 2014. This tender will close on December 12, 2013 and is valid until December 20, 2013. (Reuters)  Riyadh Dry Port to expand its handling capacity – Saudi Railways Organization’s (SRO) President Mohamed Al Suwaiket said the Riyadh Dry Port will expand its handling capacity from 400,000 containers to 1mn containers per year to cope with the rising volume of business activities in the Kingdom. Al Suwaiket also said that SRO is planning to invite specialized global firms to bid for a detailed railway design to build the GCC region interlink rail project, which will be announced by early 2014. (GulfBase.com)  11 EU states consider narrowing FT tax scope – The 11 European Union countries that have pledged to tax financial transactions (FT tax) will consider narrowing the levy’s scope to shield pensions, government debt and markets that help boost the economy. The aim of this tax is to make banks pay back some of the taxpayers money they received during the period 2007-09 financial crisis. (Gulf-Times.com)  Dubai aims to be world’s most sustainable city by 2020 – Dubai Municipality’s Director General Hussain Nasser Lootah said that the Emirate aims to become one of the world’s top ten sustainable cities by 2020, when it will be hosting the World Expo event. The municipality has begun implementing green building rules in its new projects, and is taking necessary steps to change the old building systems to energy saving ones. (Gulfnews.com)  EU in talks with IMF, World Bank for assisting Ukraine – European Union officials are in discussion with the International Monetary Fund, the World Bank and other financial institutions on ways to help Ukraine if it decides to sign a free-trade agreement with the EU. Ukrainian Prime Minister Mykola Azarov said he had sought an aid worth €20bn ($27bn) from the EU to offset the cost of signing the free-trade deal. (Gulf-Times.com)  HLG obtains construction contract for Residential Towers project – The Habtoor Leighton Group (HLG) has obtained a construction contract worth AED1.45bn of Residential Towers project. This Al Habtoor Residential Towers project feature two 75-storey residential towers, a 52-storey residential tower and a 7-storey podium that includes basement, ground floor along with five floors of retail space and parking. The construction work will International Page 3 of 5
  • 4. commence after the enabling works are completed and the main project will be completed 32 months later. (GulfBase.com) said 2013 has witnessed exceptional operational performance despite tough market conditions. (Bahrain Bourse)  Emaar Properties signs MoU with DWC to develop integrated urban center – Emaar Properties has entered into a MoU with Dubai World Central (DWC) to develop an integrated urban center and a golf destination at DWC. The phase one of this 13.63mn square meter project includes building a golf course villa community, several hotels, a high-end shopping mall, leisure attractions and a business hub which will promote entrepreneurship. (Bloomberg)  BNH appoints new CEO – The Bahrain National Holding Company (BNH) has appointed Sameer Al Wazzan as the company’s new CEO. Al Wazzan will replace Mahmood Al Soufi who will join as a member of the board of directors. (Bahrain Bourse)  SKAI Holdings begins work on Viceroy Dubai Palm Jumeirah project – SKAI Holdings Ltd. has begun implementing the main structural work on its AED3.67bn Viceroy Dubai Palm Jumeirah project. This luxury residential and hospitality project will offer 479 large rooms & suites, and 222 signature Viceroy Residences. (GulfBase.com)  Jebel Ali R&H to manage resort in Seychelles – Jebel Ali Resorts & Hotels (R&H) is set to manage its first international property with the launch of the Enchanted Island Resort in the Seychelles. This five-star property will be launched on December 20, 2013, which will feature a 10-villa beach resort set in 5 acres of the National Marine Park. (Bloomberg)  Mubadala Aerospace to develop MRO facility in Al Ain – The Mubadala Aerospace Company will begin developing its maintenance, repair & overhauling (MRO) facility in Al Ain in January 2014. This Advanced, Military, Maintenance & Overhauling Center (AMMROC), which is a JV between Mubadala and Lockheed Martin & Sikorsky Corporation, will begin work on constructing its facility at the Nibras Al Ain Aerospace Park. The AED1bn project will be operational in January 2016 and will provide jobs to 2,500 people. (GulfBase.com)  Etihad to decide on stake in Alitalia before Christmas – According to sources, Etihad Airways is examining Alitalia's books and is expected to decide by Christmas whether to take a stake in the troubled Italian airline. Alitalia has just raised $413mn, which would keep the carrier flying for the next six months while it searches for an investor. Sources said Etihad is likely be interested in a shareholding of at least 25% to have enough management and strategic influence. (Reuters)  KOC awards PMS contract to Worley Parsons – Kuwait Oil Company (KOC) has awarded Worley Parsons a five-year contract worth $400mn to provide program management services (PMS). This contract serves to support KOC to reach the optimum capacity in its oilfields and enhance its facilities through efficient and economical means. This contract will provide project management, coordination, planning, design, engineering, construction management, contracting, procurement, project controls and other services for construction of new facilities, upgrading existing facilities and transfer of technology. (Bloomberg)  Nawras launches NOC in Bausher – Omani Qatari Telecommunications Company (Nawras) has officially launched its new Network Operation Centre (NOC) in Bausher. This new NOC will control the nationwide network right from Musandam to Salalah. The NOC control spans all sites and technologies, mobile and fixed lines, 2G, 3G, 4G, WiMAX and FTTX networks. (Bloomberg)  Alba on track to exceed record output of 890,000 mt – Aluminium Bahrain’s (Alba) Board Chairman Mahmood Hashim Al Kooheji said the company is on track to exceed its 2012 production record of 890,000 metric tons. Further, Al Kooheji Page 4 of 5
  • 5. Rebased Performance Daily Index Performance 160.0 150.0 140.0 130.0 120.0 110.0 100.0 90.0 80.0 150.3 132.5 0.1% 0.0% 0.0% (0.1%) 120.3 (0.1%) (0.1%) (0.4%) (0.6%) S&P Pan Arab S&P GCC Source: Bloomberg Asset/Currency Performance Gold/Ounce Silver/Ounce Crude Oil (Brent)/Barrel (FM Future) Natural Gas (Henry Hub)/MMBtu North American Spot LPG Propane Price North American Spot LPG Normal Butane Price Euro Yen Close ($) 1D% WTD% YTD% Global Indices Performance 1,252.25 (0.8) 1.9 (25.3) DJ Industrial 20.30 (0.5) 4.1 (33.1) S&P 500 109.70 0.3 (1.7) (1.3) 4.24 (2.0) 2.3 0.1 3.3 46.6 131.50 (3.3) (5.4) (24.0) 1.38 0.2 0.6 4.5 102.42 (0.4) (0.5) 1.64 (0.4) 0.2 1.13 0.1 0.6 RUB BRL 23.6 131.25 CHF USD Index Dubai Oman Source: Bloomberg GBP AUD Bahrain Jul-13 Abu Dhabi QE Index Oct-11 May-12 Dec-12 Kuwait Aug-10 Mar-11 Qatar (0.8%) (1.2%) Saudi Arabia Jan-10 0.6% 18.1 NASDAQ 100 STOXX 600 DAX FTSE 100 CAC 40 Nikkei Close 1D% WTD% YTD% 15,843.53 (0.8) (1.1) 20.9 1,782.22 (1.1) (1.3) 25.0 4,003.81 (1.4) (1.4) 32.6 313.30 (0.5) (1.0) 12.0 9,077.11 (0.4) (1.0) 19.2 6,507.72 (0.2) (0.7) 10.3 4,086.86 (0.1) (1.0) 12.2 1.4 49.3 15,515.06 (0.6) 0.7 MSCI EM 1,002.55 (1.0) 0.0 (5.0) 3.3 SHANGHAI SE Composite 2,204.17 (1.5) (1.5) (2.9) HANG SENG 0.90 (1.1) (0.6) (12.9) 23,338.24 (1.7) (1.7) 3.0 79.89 (0.1) (0.5) 0.2 BSE SENSEX 21,171.41 (0.4) 0.8 9.0 7.3 Bovespa 50,067.99 (1.8) (1.7) (17.9) 1,409.28 (0.0) 1.3 (7.7) 32.76 0.43 0.1 (1.2) 0.1 (0.3) (12.3) 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 DISCLAIMER: This publication has been prepared by QNB Financial Services SPC (“QNBFS”) a wholly-owned subsidiary of Qatar National Bank (“QNB”). QNBFS is regulated by the Qatar Financial Markets Authority and the Qatar Exchange; QNB is regulated by the Qatar Central Bank. This publication expresses the views and opinions of QNBFS at a given time only. It is not an 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 investors to seek independent professional advice before making any investment decision. Although the information in this report has been obtained from sources that QNBFS believes to be reliable, we have not independently verified such information and it may not be accurate or complete. While this publication has been prepared with the utmost degree of care by our analysts, QNBFS does not make any representations or warranties as to the accuracy and completeness of the information it may contain, and declines any liability in that respect. QNBFS reserves the right to amend the views and opinions expressed in this publication at any time. It may also express viewpoints or make investment decisions that differ significantly from, or even contradict, the views and opinions included in this report. COPYRIGHT: No part of this document may be reproduced without the explicit written permission of QNBFS. Page 5 of 5