1. Page 1 of 5
QE Intra-Day Movement
Qatar Commentary
The QE index declined 0.3% to close at 9,731.5. Losses were led by the
Insurance and Telecoms indices, declining 1.6% and 0.7% respectively. Top
losers were Qatar General Ins. & Rein. Co. and Widam Food Co., falling 6.4%
and 2.1% respectively. Among the top gainers, Qatar Industrial Manufacturing
Co. rose 1.4%, while Qatar German Co. for Med. Dev. gained 1.1%.
GCC Commentary
Saudi Arabia: The TASI index fell 0.2% to close at 8,002.7. Losses were led
by the Multi-Inv. and Ins. indices, declining 2.5% and 1.5% respectively. Saudi
Trans. & Inv. Co. fell 7.9%, while The Nat. Co. for Glass Ind. was down 6.8%.
Dubai: The DFM index declined 0.3% to close at 2,814.6. The Investment &
Financial Services and Transportation indices fell 0.7% each. International
Financial Advisors declined 9.9%, while Mashreqbank was down 3.6%.
Abu Dhabi: The ADX benchmark index rose 0.3% to close at 3,868.0. The
Telecomm. index gained 0.9%, while the Industrial index was up 0.5%.
Sharjah Cement & Industrial Dev. rose 9.2%, while Invest Bank was up 2.2%.
Kuwait: The KSE index gained 0.4% to close at 7,655.1. The Con. Ser. index
rose 1.2%, while the Consumer Goods index was up 0.8%. Safwan Trading &
Cont. Co. gained 9.4%, while Future Kid Ent. & Real Estate Co. was up 8.9%.
Oman: The MSM index rose 0.1% to close at 6,656.0. Gains were led by the
Ser. & Ins. and Banking & Investment indices, rising 0.3% and 0.2%
respectively. Nat. Securities rose 6.5%, while Oman Inv. & Fin. was up 2.7%.
Bahrain: The BHB index gained marginally to close at 1,194.2. The
Investment index rose 0.7%. Gulf Finance House gained 7.7%, while Khaleeji
Commercial Bank was up 2.1%.
Qatar Exchange Top Gainers Close* 1D% Vol. ‘000 YTD%
Qatar Industrial Manufacturing Co. 50.80 1.4 0.1 (4.3)
Qatar German Co. for Med. Dev. 15.78 1.1 102.7 6.8
Islamic Holding Group 42.20 0.5 4.1 11.1
Gulf International Services 53.90 0.4 113.2 79.7
United Development Co. 22.18 0.4 696.3 24.6
Qatar Exchange Top Vol. Trades Close* 1D% Vol. ‘000 YTD%
United Development Co. 22.18 0.4 696.3 24.6
Barwa Real Estate Co. 26.00 (0.6) 413.8 (5.3)
Masraf Al Rayan 29.00 (0.5) 281.8 17.0
Qatar Gas Transport Co. 19.65 (0.2) 276.2 28.8
Doha Bank 54.40 0.0 238.7 17.3
Source: Bloomberg (* in QR)
Market Indicators 06 Oct 13 03 Oct 13 %Chg.
Value Traded (QR mn) 166.8 289.7 (42.4)
Exch. Market Cap. (QR mn) 528,500.1 530,140.4 (0.3)
Volume (mn) 3.7 6.9 (46.5)
Number of Transactions 2,227 3,750 (40.6)
Companies Traded 37 38 (2.6)
Market Breadth 9:25 30:5 –
Market Indices Close 1D% WTD% YTD% TTM P/E
Total Return 13,904.08 (0.3) (0.3) 22.9 N/A
All Share Index 2,443.61 (0.3) (0.3) 21.3 12.1
Banks 2,355.02 (0.2) (0.2) 20.8 12.5
Industrials 3,102.91 (0.3) (0.3) 18.1 10.9
Transportation 1,813.59 (0.3) (0.3) 35.3 12.4
Real Estate 1,800.01 (0.2) (0.2) 11.7 13.6
Insurance 2,229.17 (1.6) (1.6) 13.5 9.3
Telecoms 1,444.37 (0.7) (0.7) 35.6 15.2
Consumer 5,870.96 (0.5) (0.5) 25.7 24.1
Al Rayan Islamic Index 2,793.43 (0.4) (0.4) 12.3 14.4
GCC Top Gainers##
Exchange Close#
1D% Vol. ‘000 YTD%
Deyaar Development Dubai 0.67 4.2 122,770.7 89.5
Yanbu Nat. Petrochem. Saudi Arabia 64.50 4.0 842.3 36.4
Kuwait Projects Co. Kuwait 0.60 3.4 1,249.7 61.5
Arriyadh Dev. Co. Saudi Arabia 25.00 2.9 4,413.9 9.4
Investbank Abu Dhabi 2.30 2.2 520.8 42.0
GCC Top Losers##
Exchange Close#
1D% Vol. ‘000 YTD%
Qatar Gen. Ins. & Rein. Qatar 50.00 (6.4) 3.0 8.7
Kingdom Holding Co. Saudi Arabia 19.15 (3.3) 1,135.1 (8.4)
Saudi Enaya Coop. Ins. Saudi Arabia 34.20 (3.1) 459.8 (28.2)
DP World Ltd. Dubai 15.80 (3.1) 2.7 35.0
Al Ahli Bank of Kuwait Kuwait 0.49 (3.0) 10.0 (7.3)
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)
Qatar Exchange Top Losers Close* 1D% Vol. ‘000 YTD%
Qatar General Ins. & Rein. Co. 50.00 (6.4) 3.0 8.7
Widam Food Co. 50.50 (2.1) 83.3 (14.1)
Qatari Investors Group 29.90 (1.2) 57.3 30.0
Gulf Warehousing Co. 40.25 (1.1) 0.9 20.1
Qatar National Cement Co. 102.00 (0.9) 1.0 (4.7)
Qatar Exchange Top Val. Trades Close* 1D% Val. ‘000 YTD%
QNB Group 168.00 (0.2) 17,683.4 28.3
Industries Qatar 151.30 (0.4) 16,813.6 7.3
United Development Co. 22.18 0.4 15,467.0 24.6
Qatar Insurance Co. 60.50 (0.2) 14,211.3 12.1
Doha Bank 54.40 0.0 12,990.8 17.3
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* 9,731.50 (0.3) (0.3) 1.3 16.4 45.82 145,126.1 12.1 1.7 4.7
Dubai 2,814.58 (0.3) (0.3) 1.9 73.5 256.46 68,304.5 16.4 1.1 3.2
Abu Dhabi 3,867.99 0.3 0.3 0.7 47.0 76.05 110,749.0 11.0 1.4 4.7
Saudi Arabia 8,002.65 (0.2) (0.2) 0.5 17.7 1,429.60 425,064.5 16.7 2.1 3.7
Kuwait 7,655.07 0.4 0.4 (1.4) 29.0 106.27 135,857.1 18.4 1.2 3.6
Oman 6,655.99 0.1 0.1 0.1 15.5 15.48 23,229.3 11.0 1.6 3.9
Bahrain 1,194.17 0.0 0.0 0.0 12.1 0.47 23,301.7 8.4 0.8 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,)
9,720
9,730
9,740
9,750
9,760
9,770
9,780
9:30 10:00 10:30 11:00 11:30 12:00 12:30 13:00

2. Page 2 of 5
Qatar Market Commentary
 The QE index declined 0.3% to close at 9,731.5. The Insurance
and Telecoms indices led the losses. The index declined on the
back of selling pressure from non-Qatari shareholders despite
buying support from Qatari shareholders.
 Qatar General Ins. & Rein. Co. and Widam Food Co. were the
top losers, falling 6.4% and 2.1% respectively. Among the top
gainers, Qatar Industrial Manufacturing Co. rose 1.4%, while
Qatar German Co. for Med. Dev. gained 1.1%.
 Volume of shares traded on Sunday declined by 46.5% to 3.7mn
from 6.9mn on Thursday. Further, as compared to the 30-day
moving average of 7.9mn, volume for the day was 53.5% lower.
United Development Co. and Barwa Real Estate Co. were the
most active stocks, contributing 18.8% and 11.2% to the total
volume respectively.
Source: Qatar Exchange (* as a % of traded value)
Earnings
Earnings Releases
Company Market Currency
Revenue
(mn) 3Q2013
% Change
YoY
Operating Profit
(mn) 3Q2013
% Change
YoY
Net Profit (mn)
3Q2013
% Change
YoY
Jarir Marketing Co. (JMC) Saudi Arabia SR – – 184.5 15.3% 186.2 15.9%
Yamama Cement Co. (YCC) Saudi Arabia SR – – 141.0 -14.5% 148.0 -5.7%
Advanced Petrochemical
Co. (ADVANCED)
Saudi Arabia SR – – 144.0 36.5% 141.0 40.6%
Almarai Co. Saudi Arabia SR – – 553.6 8.8% 475.6 5.7%
Yanbu Cement Co. (YCC) Saudi Arabia SR – – 148.0 -11.4% 140.0 -10.8%
Source: Company data, DFM, ADX, MSM
News
Qatar
 Nakilat reports 3Q2013 net profit of QR193mn – Qatar Gas
Transport Company Ltd. (QGTS) has reported a net profit of
QR193mn for 3Q2013 (+6% QoQ, +7% YoY), which was 8%
below our estimate of QR211mn. QGTS has reported a net
profit of QR552.5mn for the nine months period ended
September 30, 2013 in comparison to a net profit of QR562.2mn
for the corresponding period last year. Earnings per Share
(EPS) amounted to QR1.00 for the period ended September 30,
2013 as compared to QR1.02 for the corresponding period in
2012. (QE, QNBFS Research)
 DHBK seeks nod for its Tier 1 capital notes worth QR2bn –
Doha Bank’s (DHBK) board of directors has recommended to
the extraordinary general assembly of shareholders to approve
the issuance of Tier 1 capital notes amounting to QR2bn. The
issuer will either be Doha Bank or a special purpose vehicle
wholly owned by the Qatari lender as deemed appropriate by its
management. Doha Bank said the issue date will be on or
before March 30, 2014 and will be perpetual, but callable only
after six years. DHBK’s Chairman Sheikh Fahad bin Mohamed
bin Jabor al-Thani said the proposed Tier 1 Capital Notes will
enhance the bank’s prospects in achieving its strategic goals
and will strengthen its lending capacity in view of the anticipated
boom in the Qatari economy in the coming years. In our view,
the bond will help improve the Tier I ratio of the bank, and the
bank is unlikely to go ahead with the previously announced
international GDR option. Furthermore, we expect other medium
sized banks to announce their plans of Tier I bonds over the
coming months. (Gulf-Times.com, QNBFS Research)
 Qatar to lead Gulf nations’ robust growth – According to a
report by Ernst & Young (E&Y), Gulf countries can expect to see
robust economic growth over the medium term, while the Middle
East region is poised to witness slowdown. The report said
factors like strong foreign direct investment (FDI) flows, easier
access to credit and entrepreneurial growth are fuelling the
development of new businesses and sectors in the Middle
Eastern rapid-growing markets. Qatar, in particular, is slated to
see 6% expansion in the medium term, while the UAE’s
economy is expected to grow by 3.9% and Saudi Arabia by
4.3%. Qatar has focused on diversification in non-oil sectors
such as manufacturing, construction, transport, communications,
trade, hotels and government services, which are projected to
grow by around 10% annually. (Gulf-Times.com)
 Construction of Al Meera mall begins in Al Wajba – The
Central Municipal Council member representing New Rayyan,
Mohammed bin Hamoud Shafi al Shafi said the construction of a
new branch of Al Meera Supermarket in Al Wajba Area of New
Rayyan has started. He added that all necessary designs of the
project have been completed and approvals from various
competent authorities have been received. (Qatar Tribune)
 GWCS to announce its 3Q2013 results on October 10 – The
Gulf Warehousing Company (GWCS) will disclose its quarterly
financial results for the period ending September 30, 2013 on
October 10, 2013. (QE)
 GISS to publish its 3Q2013 figures on October 22 – The Gulf
International Services Company (GISS) will disclose its quarterly
financial results for the period ending September 30, 2013 on
October 22, 2013. (QE)
 AHCS to disclose its 3Q2013 financials on October 30 –
Aamal Company (AHCS) will disclose its quarterly financial
results for the period ending September 30, 2013 on October
30, 2013. (QE)
 QFCA plans legal upgrades to support its world class
financial setup – The Qatar Financial Centre Authority (QFCA)
is proposing legislative improvements in three important areas of
the QFC legal environment. The proposed changes pertain to
regulations on insolvency, single family offices and special
Overall Activity Buy %* Sell %* Net (QR)
Qatari 66.48% 65.63% 1,425,633.31
Non-Qatari 33.53% 34.38% (1,425,633.31)

3. Page 3 of 5
companies. In addition to these amendments, new rules are
being proposed to supplement and provide further details on the
modalities of the respective regulations. In this regard, the
authority has issued a consultation paper covering each area.
(Gulf-Times.com)
 Muntajat launches its global arm Muntajat Besloten
Vennoot – Qatar Chemical & Petrochemical Marketing &
Distribution Company (Muntajat) has launched a new
international marketing company named “Muntajat Besloten
Vennoot” (Muntajat BV). Muntajat BV will run its business from
The Hague city in Holland. Muntajat holds exclusive rights to
purchase and sell Qatar's 10mn tons of chemicals and
petrochemicals in the global market. The Netherlands Foreign
Investment Agency and the West Holland Foreign Investment
Agency advised and assisted Muntajat to decide on its location.
(Peninsula Qatar)
 QC to promote health insurance for employees – The Qatar
Chamber (QC) will encourage companies to cover their
employees under the country’s ambitious health insurance
scheme. QC Director General Remy Rohani said it is important
for company owners to realize that they need to be efficient by
ensuring that their employees and their families are fully insured.
(Peninsula Qatar)
 Qatar Cool to expand within West Bay – The Qatar District
Cooling Company’s (Qatar Cool) Vice-President Mohannad
Khader said the company is planning to expand within West Bay
in the first phase and will carve out further districts all over the
country. He added that the reason why Qatar Cool was
particularly operating in the West Bay and The Pearl-Qatar
areas of Doha only at the moment since the company has
looked for places where there is a concentration of towers.
(Gulf-Times.com)
 Msheireb to showcase its QR20bn MDD project in Dubai –
Msheireb Properties will showcase its QR20bn Msheireb
Downtown Doha (MDD) project at the Cityscape Global 2013
exhibition, which begins in Dubai tomorrow. (Peninsula Qatar)
International
 WB reduces China, East Asia growth forecasts – The World
Bank (WB) lowered its 2013 and 2014 economic growth
forecasts for China and most of developing East Asia, citing
slower growth as well as weaker commodity prices that have
hurt exports and investments in these countries. The World
Bank said developing East Asia is expanding at a slower pace
as China shifts away from an export-oriented economy to an
economy led by domestic demand. The World Bank feels the
massive, investment-heavy stimulus program supported by
credit expansion had run its course in China, and its
policymakers must focus on containing the rapid growth of credit
and tighten financial supervision. Meanwhile, the bank expects
developing East Asia to expand by 7.1% this year and by 7.2%
in 2014, down from its April estimate of 7.8% and 7.6%
respectively. (Reuters)
 Greece mulls swapping bailout loans with 50-year bond
issue – Greece is reportedly looking into swapping a big chunk
of its bailout loans with a 50-year government bond as a way to
achieve debt relief once it attains a primary budget surplus this
year. Eurozone countries provided Greece with €52.9bn worth of
loans and the IMF gave €20bn of loans in the first €110bn
bailout program. The remainder of the aid came from the EFSF
rescue fund. Repayment of these bilateral loans is set to begin
in 2025. The swap would extend repayment over decades.
(Reuters)
Regional
 Riyad Bank reports SR998mn net profit in 3Q2013 – Riyad
Bank has reported a net profit of SR998mn in 3Q2013, reflecting
an increase of 3.1% QoQ (+18.8% YoY). EPS for nine months
ended on September 30, 2013 stood at SR1.94 compared with
SR1.77 for nine months ended on September 30, 2012. Total
assets as on September 30, 2013 stood at SR201.8bn, which
has increased 13.9% from the similar period for previous year.
Loans & advances rose by 12.7% to SR129.9bn, while customer
deposits were up by 14.3% to SR154.2bn. (Tadawul)
 SAIB reports SR325.4mn net profit in 3Q2013 – The Saudi
Investment Bank (SAIB) has reported a net profit of SR325.4mn
in 3Q2013, reflecting an increase of 1.6% QoQ (+40.4% YoY).
EPS for nine months ended on September 30, 2013 stood at
SR1.75 compared with SR1.21 for nine months ended on
September 30, 2012. Total assets as on September 30, 2013
stood at SR70.8bn, which has increased 28.6% from the similar
period for previous year. Loans & advances rose by 34.4% to
SR42.7bn, while customer deposits were up by 33.5% to
SR51.8bn. (Tadawul)
 Tadawul declares Eid Al Adha holidays – The Saudi Stock
Exchange (Tadawul) has declared Eid Al Adha holidays. The
exchange will be closed from October 11, 2013 to October 20,
2013. (Tadawul)
 SAMA abolishes various banking service fees for new
personal accounts – The Saudi Arabian Monetary Agency
(SAMA) has asked all Saudi banks to stop imposing any service
fees for opening personal bank accounts. All banks have been
instructed not to impose any fees on clients who want to open a
new account or whose balance is less than SR1,000. Under the
new instructions effective from the beginning of October 2013,
SAMA has also asked banks to issue free-of-charge ATM cards
to clients when they open an account, who should not be
charged for the renewal of ATM card as well. Earlier, a client
had to pay SR30 when applying for an ATM card. A check book
having 25 checks will be issued freely, while additional check
books will be charged at SR10 each. For online services,
transfers from one account to another in the same bank will be
free, while for overseas banks, the client has to pay SR50 per
transaction. (GulfBase.com)
 Riyadh Pharma plans to develop first cosmetics production
in Kingdom – The Medical & Cosmetic Products Company
(Riyadh Pharma) is planning to develop its first cosmetic
manufacturing plant in Saudi Arabia over the next five years.
Riyadh Pharma’s Director General Dr. Shafiq Salah said Saudi
women will play a pioneering role to work in this proposed
factory as women are the key drivers of cosmetic market growth
in the Kingdom. He added that the creation of the Saudi Food &
Drug Authority (FDA) has made a positive impact on the quality
of cosmetic products available in the Saudi market.
(GulfBase.com)
 UAE banks' foreign assets up AED39bn at end of June –
According to the data released by the UAE’s Central Bank, UAE
banks’ foreign assets surged by nearly AED39bn to one of their
highest levels at the end of June and most of the increase was
in securities abroad, deposits with foreign banks and due from
headquarters and branches. The data showed that from around
AED306.5bn at the end of 2012, the combined foreign assets of
the country’s 23 national banks and 28 foreign units swelled to
nearly AED345.2bn at the end of June, 2013. Growth in foreign
liabilities was much slower as they increased by around
AED13bn to AED328.1bn at the end of June from AED315.3bn
at the end of 2012. The bulk of the deposit growth was in time
deposits which soared to around AED100.5bn from AED84.5bn.

4. Page 4 of 5
Demand deposits grew to AED16.2bn from AED14.6bn. Loans
& advances to foreign banks also increased to around AED82bn
at the end from AED75.6bn after stabilizing in the previous three
years. (Bloomberg)
 Rasmala, EIIB act as lead arrangers for FWU Group’s Sukuk
Al Wakala program – Dubai-based Rasmala Group and the
European Islamic Investment Bank (EIIB) have acted as the
lead arrangers and book-runners by Europe-based FWU Group
on its $100mn Sukuk al-Wakala program. The first tranche of
this program worth $20mn has been closed after it was
oversubscribed. This sukuk will be issued in amortizing
tranches, each having a term of five years and an average life of
approximately 2.5 years. Distributions to investors will be made
every quarter on a fully amortizing basis and the profit rate is
expected to be 7% per annum. (GulfBase.com)
 DIA MAF to consult Dalkia for energy management
strategies – MAF Dalkia has obtained contract from Dubai
International Airport (DIA) to provide consultation on energy
management and conservation strategies across all key
facilities. Under this contract, MAF Dalkia will conduct energy
audits, set a roadmap to implement sustainable measures to
reduce DIA’s energy consumption in the long-term. (Bloomberg)
 Al Futtaim Capital buys Depa’s 39.26mn ordinary shares –
Al Futtaim Capital has purchased 39.26mn ordinary shares of
Depa Limited at $0.44 per share. Al Futtaim now holds 85.56mn
shares, representing 13.9% of Depa’s issued-share capital.
Depa said its CEO Mohannad Sweid has sold 17.83mn shares
on September 30 and another 10.01mn shares on October 3,
2013. Sweid does not hold any shares in Depa now.
(Bloomberg)
 Ajman Bank sacks its CEO – Ajman Bank has sacked its Chief
Executive Mohammed Zaqout within six months of his
appointment. The bank said it has terminated the services of
Zaqout with effect from October 6, 2013, and has replaced him
with Chief Financial Officer Seifeldin Abdelkareem as the acting
CEO. (Peninsula Qatar)
 ADX signs registrar deal with Manazel to provide ESS
system – The Abu Dhabi Securities Exchange (ADX) has
entered into a registrar agreement with Manazel Real Estate to
provide an electronic stock-saving (ESS) system for transferring
stock ownerships in the company. This includes dismantling
mortgage procedures, closure and others, which are in
accordance with existing market laws. This agreement is the
third registrar agreement signed by ADX. The first two
agreements were signed with Injaz Mena Investment Company
and Tasweek Real Estate Development & Marketing. (ADX)
 Kuwaiti Oil Minister: $100-110 oil price acceptable – Kuwaiti
Oil Minister Mustafa Al Shamali said a global oil price between
$100 and $110 per barrel is acceptable to both producers and
consumers. He added these prices help producers to complete
their production and exploration projects, besides they are
suitable to consumers and the global economy. (Peninsula
Qatar)
 CBO issues CDs worth OMR373mn – The Central Bank of
Oman’s (CBO) has issued a tender for allotting certificates of
deposit (CDs) worth OMR373mn. The average interest rate of
these certificates is 0.13%, while the maximum accepted
interest rate is also 0.13%. The tenor of these certificates is 28
days, which will mature on October 30, 2013. (Bloomberg)
 Renaissance to construct OMR80mn worker
accommodation in Duqm EZ – Renaissance Services is
planning to construct a large permanent accommodation facility
worth OMR80mn for blue-collar workers working in contracting
firms in Duqm Economic Zone. These facilities will
accommodate as many as 16,000 workers who are engaged in
building the various planned mega projects. Renaissance has
already entered into a land utilization agreement with the
Special Economic Zone Authority at Duqm (SEZAD) to develop
this project, which will be spread across a total area of 192,000
square meters. (GulfBase.com)
 Omran awards OMR78mn construction contract to Carillion
Alawi – Omran has awarded a contract worth OMR78mn to
Carillion Alawi for the construction of the Package Two of the
Oman Convention & Exhibition Centre (OCEC). This contract
includes construction of a structured car park facility for 4,200
vehicles on three parking levels, exhibition halls with a leasable
space of approximately 22,000 square meters, fully equipped
production kitchen & three cafes, hospitality suites, a central
landscaped courtyard, etc. The Package Two also covers the
construction of ancillary buildings such as the Energy Center
including a district cooling plant, a security screening facility, taxi
amenity, waste management, landscape maintenance and
electrical substation facility. (Bloomberg)
 HSBC Bank Oman appoints three senior executives – HSBC
Bank Oman has appointed Saud bin Said Al Shidhani as the
new Deputy Chief Operating Officer of the bank. The bank has
also appointed Abdul Qadir bin Ahmed Al Sumali as the new
Deputy General Manager for Retail Banking & Wealth
Management and Sulaiman bin Said Al Lamki as the new
Deputy Chief Risk Officer. (GulfBase.com)
 SDC submits bid to expand its plant in Sur – The Sharqiyah
Desalination Company (SDC) has submitted a bid to the tender
board to expand its plant in Sur by 10.6mn gallons per day
(MIGD). This will expand SDC’s overall water producing
capacity to a total of 30 MIGD. The company is the sole bidder
for the expansion of the Sharqiyah water project. (MSM)
 BMMI acquires assets & shares in Gabon and Sudan –
Bahrain-based BMMI has completed the acquisition of land
occupation rights and a logistics base in Port Gentil, in the
Republic of Gabon for BHD2mn. Meanwhile, the company has
also acquired its partner's shares in JV companies in North and
South Sudan for $747,700. (Bahrain Bourse)

5. 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
Rebased Performance Daily Index Performance
Source: Bloomberg Source: Bloomberg
Source: Bloomberg Source: Bloomberg
80.0
90.0
100.0
110.0
120.0
130.0
140.0
150.0
Jan-10 Aug-10 Mar-11 Oct-11 May-12 Dec-12 Jul-13
QE Index S&PPan Arab S&P GCC
(0.2%)
(0.3%)
0.4%
0.0%
0.1%
0.3%
(0.3%)
(0.6%)
(0.3%)
0.0%
0.3%
0.6%
SaudiArabia
Qatar
Kuwait
Bahrain
Oman
AbuDhabi
Dubai
Asset/Currency Performance Close ($) 1D% WTD% YTD% Global Indices Performance Close 1D% WTD% YTD%
Gold/Ounce 1,310.80 0.0 0.0 (21.8) DJ Industrial 15,072.58 0.0 0.0 15.0
Silver/Ounce 21.74 0.0 0.0 (28.3) S&P 500 1,690.50 0.0 0.0 18.5
Crude Oil (Brent)/Barrel (FM
Future)
109.46 0.0 0.0 (1.5) NASDAQ 100 3,807.75 0.0 0.0 26.1
Natural Gas (Henry
Hub)/MMBtu
3.56 0.0 0.0 3.9 STOXX 600 309.89 0.0 0.0 10.8
North American Spot LPG
Propane Price
109.38 0.0 0.0 21.5 DAX 8,622.97 0.0 0.0 13.3
North American Spot LPG
Normal Butane Price
144.25 0.0 0.0 (18.3) FTSE 100 6,453.88 0.0 0.0 9.4
Euro 1.36 0.0 0.0 2.8 CAC 40 4,164.25 0.0 0.0 14.4
Yen 97.48 0.0 0.0 12.4 Nikkei 14,024.31 0.0 0.0 34.9
GBP 1.60 0.0 0.0 (1.5) MSCI EM 1,007.92 0.0 0.0 (4.5)
CHF 1.10 0.0 0.0 0.9 SHANGHAI SE Composite 2,174.67 0.0 0.0 (4.2)
AUD 0.94 0.0 0.0 (9.2) HANG SENG 23,138.54 0.0 0.0 2.1
USD Index 80.12 0.0 0.0 0.4 BSE SENSEX 19,915.95 0.0 0.0 2.5
RUB 32.18 0.0 0.0 5.4 Bovespa 52,848.97 0.0 0.0 (13.3)
BRL 0.45 0.0 0.0 (7.3) RTS 1,443.15 0.0 0.0 (5.5)
139.8
126.0
114.6