1. QE Intra-Day Movement
Market Indicators
10,000
9,990
9,980
07 Nov 13
%Chg.
219.0
537,346.8
9.1
4,675
41
17:21
330.8
537,220.8
7.4
5,128
40
25:13
(33.8)
0.0
22.0
(8.8)
2.5
–
Market Indices
9,970
9,960
9:30
10 Nov 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 marginally to close at 9,975.8. The Industrials and
Consumer Goods & Services indices declined 0.3% each. Top losers were
Qatar German Co. for Med. Dev. and Widam Food Co., falling 1.3% and 0.8%
respectively. Among the top gainers, Qatar Cinema & Film Dist. Co. rose 9.8%,
while Vodafone Qatar gained 5.5%.
Close
Total Return
All Share Index
Banks
Industrials
Transportation
Real Estate
Insurance
Telecoms
Consumer
Al Rayan Islamic Index
1D%
WTD%
YTD%
TTM P/E
14,253.18
2,493.23
2,361.62
3,267.00
1,868.95
1,860.72
2,342.64
1,434.44
5,885.49
2,855.72
(0.0)
0.0
0.1
(0.3)
(0.2)
0.7
0.4
0.6
(0.3)
0.3
(0.0)
0.0
0.1
(0.3)
(0.2)
0.7
0.4
0.6
(0.3)
0.3
26.0
23.8
21.2
24.4
39.4
15.5
19.3
34.7
26.0
14.8
N/A
12.6
12.7
11.9
12.7
12.7
9.6
19.8
22.3
14.9
GCC Commentary
GCC Top Gainers##
Exchange
Close#
Saudi Arabia: The TASI index fell 0.2% to close at 8,248.2. Losses were led
by the Retail and Real Estate Dev. indices, declining 1.3% and 1.0%
respectively. FIPCO fell 6.3%, while Fawaz A Alhokair & Co. was down 2.8%.
Drake & Scull Int.
1D%
Vol. ‘000
YTD%
Dubai
1.31
5.6
215,029.7
86.1
Vodafone Qatar
Qatar
9.73
5.5
4,411.2
16.5
Dubai: The DFM index gained 0.2% to close at 2,903.3. The Services index
rose 0.8%, while the Transportation index was up 0.7%. Dar Al Takaful gained
14.9%, while Takaful Emarat - Insurance was up 9.3%.
Al Ahli Bank
Qatar
55.80
5.1
0.4
13.9
Mannai Corp.
Qatar
88.90
4.3
0.1
9.8
Abu Dhabi: The ADX benchmark index fell 0.1% to close at 3,846.5. The
Cons. index fell 1.6%, while the Real Estate index was down 1.2%. Int. Fish
Farming Holding Co. fell 9.8%, while Abu Dhabi Ship Building was down 5.4%.
Saudi Chemical Co.
Saudi Arabia
51.00
3.7
911.9
14.1
GCC Top Losers
Exchange
Kuwait: The KSE index gained 0.5% to close at 7,980.4. The Oil & Gas index
rose 2.3%, while the Technology index was up 2.2%. Credit Rating &
Collection Co. gained 9.8%, while National Petroleum Services was up 9.1%.
Nat. Mobile Telecomm.
Kuwait
Fawaz A Alhokair & Co.
Oman: The MSM index rose 0.1% to close at 6,764.4. The Services &
Insurance index gained 0.5%, while all other sub-indices ended in the red.
National Securities Co. rose 5.7%, while Sohar Power Co. was up 4.5%.
Bahrain: The BHB index declined 0.2% to close at 1,203.3. The Industrial
index fell 1.9%, while the Services index was down 0.1%. Bahrain Car Park
Co. declined 9.0%, while Khaleeji Commercial Bank was down 2.0%.
##
#
1D% Vol. ‘000
YTD%
1.86
(5.4)
11.7
(24.8)
Saudi Arabia
122.00
(2.8)
518.0
76.0
The Co. for Coop. Ins.
Saudi Arabia
35.00
(2.8)
563.4
1.7
National Real Estate
Kuwait
0.16
(2.5)
1,575.8
31.7
Saudi Airlines Catering
Saudi Arabia
127.00
(2.1)
37.4
62.8
Close
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 Gainers
Close*
1D%
Vol. ‘000
YTD%
Qatar Exchange Top Losers
Close*
1D%
Vol. ‘000
Qatar Cinema & Film Dist. Co.
43.80
9.8
1.3
(23.0)
Qatar German Co. for Med. Dev.
14.80
(1.3)
12.5
0.1
47.10
(0.8)
147.6
(19.9)
YTD%
9.73
5.5
4,411.2
16.5
Widam Food Co.
Al Ahli Bank
55.80
5.1
0.4
13.9
Al Meera Consumer Goods Co.
133.80
(0.8)
129.5
9.3
Mannai Corp.
88.90
4.3
0.1
9.8
Qatari Investors Group
31.70
(0.8)
128.3
37.8
Qatar & Oman Investment Co.
12.39
1.0
71.2
0.0
Islamic Holding Group
41.35
(0.7)
4.1
8.8
Close*
1D%
Vol. ‘000
YTD%
Close*
1D%
Val. ‘000
YTD%
9.73
5.5
4,411.2
16.5
Vodafone Qatar
9.73
5.5
42,604.6
16.5
United Development Co.
22.81
0.9
1,276.5
28.1
United Development Co.
22.81
0.9
29,015.6
28.1
Masraf Al Rayan
30.20
0.5
789.0
21.8
Masraf Al Rayan
30.20
0.5
23,788.4
21.8
Gulf International Services
58.80
(0.2)
298.4
96.0
Gulf International Services
58.80
(0.2)
17,731.7
96.0
Barwa Real Estate Co.
27.15
0.6
288.9
(1.1)
Al Meera Consumer Goods Co.
133.80
(0.8)
17,374.8
9.3
Vodafone Qatar
Qatar Exchange Top Vol. Trades
Vodafone Qatar
Source: Bloomberg (* in QR)
Source: Bloomberg (* in QR)
Regional Indices
Qatar*
Dubai
Abu Dhabi
Saudi Arabia
Kuwait
Oman
Bahrain
Qatar Exchange Top Val. Trades
Close
1D%
WTD%
MTD%
YTD%
9,975.83
2,903.30
3,846.47
8,248.16
7,980.40
6,764.38
1,203.34
(0.0)
0.2
(0.1)
(0.2)
0.5
0.1
(0.2)
(0.0)
0.2
(0.1)
(0.2)
0.5
0.1
(0.2)
1.4
(0.6)
0.0
2.5
0.4
1.4
0.1
19.3
78.9
46.2
21.3
34.5
17.4
12.9
Exch. Val. Traded
($ mn)
60.16
213.96
118.46
1,417.67
117.67
27.59
0.50
Exchange Mkt.
Cap. ($ mn)
147,609.2
69,749.2
111,303.3
446,856.3
110,314.4
24,006.1
16,874.6
P/E**
P/B**
12.8
15.8
10.7
16.9
18.6
10.9
8.0
1.7
1.1
1.3
2.1
1.3
1.6
0.8
Dividend
Yield
4.6
3.1
4.7
3.6
3.5
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 marginally to close at 9,975.8. The
Industrials and Consumer Goods & Services indices led the
losses. The index declined on the back of selling pressure from
non-Qatari shareholders despite buying support from Qatari
shareholders.
 Qatar German Co. for Med. Dev. and Widam Food Co. were the
top losers, falling 1.3% and 0.8% respectively. Among the top
gainers, Qatar Cinema & Film Dist. Co. rose 9.8%, while
Vodafone Qatar gained 5.5%.
Overall Activity
Buy %*
Sell %*
Net (QR)
Qatari
79.47%
77.90%
3,444,395.63
Non-Qatari
20.53%
22.10%
(3,444,395.63)
Source: Qatar Exchange (* as a % of traded value)
 Volume of shares traded on Sunday rose by 22.0% to 9.1mn
from 7.4mn on Thursday. Further, as compared to the 30-day
moving average of 6.4mn, volume for the day was 42.5% higher.
Vodafone Qatar and United Development Co. were the most
active stocks, contributing 48.7% and 14.1% to the total volume
respectively.
Earnings
Earnings Releases
Company
Gulf General Investments
Co. (GGICO)
United Kaipara Dairies
(Unikai)
Alliance Insurance
Dubai National Insurance &
Reinsurance (DNIR)
Fujairah Cement Industries
Co. (FCI)
Abu Dhabi National Takaful
Co. (ADNTC)
Gulf Livestock (GLS)
Bahrain Kuwait Insurance
Co. (BKIC)
Revenue
(mn) 3Q2013
% Change
YoY
Operating Profit
(mn) 3Q2013
% Change
YoY
Net Profit (mn)
3Q2013
% Change
YoY
AED
453.7
9.4%
–
–
1.6
N/A
Dubai
AED
90.6
5.2%
–
–
-6.2
259.3%
Dubai
AED
–
–
–
–
4.5
-25.4%
Dubai
AED
25.3
5.3%
–
–
24.5
4.3%
Dubai
AED
156.9
14.8%
–
–
-5.9
N/A
Abu Dhabi
AED
30.7
26.8%
–
–
11.3
-0.5%
Abu Dhabi
AED
–
–
-1.0
37.5%
1.2
-64.0%
Bahrain
BHD
–
–
–
–
0.8
-48.3%
Market
Currency
Dubai
Source: Company data, DFM, ADX, MSM
News
Qatar
 DHBK to hold shareholders’ EGM on November 24 – Doha
Bank (DHBK) will hold an extraordinary general meeting (EGM)
of its shareholders on November 24, 2013 to seek approval for a
QR2bn capital boosting bond issue scheduled to happen before
March 30, 2014. The issue will help the bank improve its Tier 1
capital ratio. This issue will be privately placed among Qatari
institutional investors. (QE, Bloomberg)
 GWCS signs logistics contract with QST – Gulf Warehousing
Company (GWCS) has signed a three-year contract with Qatar
Solar Technologies (QST) to provide a variety of logistics,
distribution and storage services. These services include freight
forwarding, general logistics, supply of manpower & equipment
and warehousing. (QE)
 Woqod opens petrol station in Pearl-Qatar – Woqod opened
its first petrol station at The Pearl-Qatar. The petrol station,
located near Viva Bahriya occupies 4,000 square meters area
and includes a car wash and workshop, supermarket, Internet
café, post office, launderette (self service laundry) and ATM
machines, besides a number of filling machines for variety of
fuel. (Peninsula Qatar)
 Qatar pledges to improve social security systems – Qatar’s
Prime Minister & Interior Minister HE Sheikh Abdullah bin
Nasser bin Khalifa al-Thani said the country is keen to make
social development and security the second most important
pillar of its National Vision 2030, to ensure a decent living for its
citizens for generations. The Prime Minister referred to the
ongoing efforts to improve social security systems in Qatar and
said that the institutions involved were being further improved
through various political, legislative and organizational
measures. He stressed the need to develop appropriate
solutions to challenges facing social security that are compatible
with the aspirations of citizens as well as the availability of
financial resources to cover them. (Gulf-Times.com)
 Tourism growth boosts Qatar’s hotel revenue – According to
data released by the Qatar Tourism Authority (QTA), Qatar’s
four and five-star hotels earned total revenues of QR703.1mn in
3Q2013, indicating 13.81% YoY. The revenue growth was
driven by higher hotel occupancy rates. Despite the industry
adding around 600 rooms, the average occupancy rate in
3Q2013 went up to 57% from 50% in 3Q2012. QTA said all key
indicators of the tourism sector demonstrated improvement in
3Q2013 as compared to 3Q2012. Four and five-star hotels
account for 11,717 rooms out of the total 13,551 rooms in Qatar,
while there is a rising demand for more budget hotels from
consumers. Regional visitors increased by 20%, with the
greatest increases seen among Saudi and Kuwaiti visitors, while
UAE and Oman figures remained static. Tourists arriving in
Qatar from other continents rose by 13.36%, whereas arrivals
from Asia showed the biggest increase at 18.27%.(GulfTimes.com)
Page 2 of 5

3. International
 France to borrow €4.5bn to pay Credit Lyonnais debts –
French Finance Minister Pierre Moscovici said France will
borrow €4.5bn by the end of this year to settle debts from the
collapse of the Credit Lyonnais bank. He said the state has time
until the end of 2014 to settle the bank's remaining debts, but
has decided to take action immediately. Moscovici said he would
present a bill on Wednesday to update the 2013 budget that
would include authorization for the new debt to be issued.
(Reuters)
 China’s industrial output growth tops estimates; boosts
recovery momentum – China’s industrial output growth
unexpectedly accelerated and its inflation stayed below a
government target, providing a boost to the Communist Party
leaders who are meeting in Beijing to chart the economy’s
course over the coming years. The National Bureau of Statistics’
data showed that production has risen 10.3% from a year
earlier, exceeding the 10% median estimated in a Bloomberg
News survey and the previous month’s 10.2%. Inflation at 3.2%
was a less than forecast and producer prices fell 1.5%. The
data, following an unexpectedly large jump in exports reported
on November 8, add to a picture of an economy that is gaining
strength. (Gulf-Times.com)
Regional
 SAMA: Money remitted by foreigners rises 17.4% in 9M2013
– According to the data released by the Saudi Arabian Monetary
Agency (SAMA), the amount of money remitted by foreigners in
the form of hard currencies stood at SR112bn during JanuarySeptember 2013, indicating a rise of 17.4% YoY. By the end of
3Q2013, money transfers allocated for personal purposes rose
by 1.8% QoQ to SR39.5bn. The purchased quantities of hard
currencies grew by 12.6% in 3Q2013 compared to SR731.1bn
in3Q2012. On the other hand, hard currency purchases by the
local banks fell by 2.4% to SR2.38tn in 9M2013 compared to
SR2.44tn in 9M2012. Meanwhile, sale of foreign currencies by
local banks fell by 1.5% QoQ to SR112.1bn in 3Q2013. Further,
the report showed that the foreign currency sales to finance
imports constituted the biggest portion of sales at SR48.7bn
(43.5%), while personal remittances comprised 35.3% and
personal money transfer by Saudi nationals stood at 16.4%.
(GulfBase.com)
 SEC signs SR846mn contracts for power supply to Madinah
– The Saudi Electricity Company (SEC) has entered into two
contracts worth SR846mn to guarantee uninterrupted power
supply to Madinah. These contracts are supposed to boost the
capacity of Al Kadmi central transformer station in Jazan and the
central transformer station in east Abha. They also include the
erection of transmission towers that have a capacity of 380
Kilowatts (kW) and link the Rabigh power generation station with
Madinah’s supply network. This work is scheduled to be
completed in 29 months from the date of the contract award.
(GulfBase.com)
 RSH signs SR109mn construction contract with MIC – Red
Sea Housing Services Company (RSH) has signed an
agreement worth SR109mn with Maaden Infrastructure
Company (MIC) to construct a senior executive camp at the
King Abdullah project for the development of Waad Al Shamal.
RSH will construct a camp that will accommodate 400
executives and provide all required services such as catering for
tenants, water and electricity supply, waste water treatment,
cleaning services, indoor & outdoor recreation facilities, as well
as operations & maintenance. This project will be executed in
phases beginning from January 2014 and the fully operational
facilities are scheduled to be handed over by July 2014. This
project will be financed through RSH’s internal cash flows, in
addition to credit facilities that will be arranged locally. The
financial impact of this project will be reflected in 1Q2014
results. (GulfBase.com)
 RSH hands over housing camp to Australia’s DI&C – RSH
has successfully handed over a housing camp project worth
SR131.25mn to Australia’s Department of Immigration &
Citizenship (DI&C) before the end of 70 days. This project
included the construction of a housing camp with a capacity to
accommodate 434 tenants and provide amenity facilities along
with associated infrastructure. The camp was constructed for the
Temporary Regional Processing Center in Lombrum Naval Base
in Manus Island, Papua New Guinea. (Tadawul)
 Savola Group completes land sale for SR631.3mn to KEC –
Savola Group has successfully completed the sale of its entire
80% stake in a 2.03mn square meter land located in Al Madinah
Al Munauwarah City to the Knowledge Economic City Company
(KEC) for SR631.3mn. KEC had paid a down payment of
SR16.3mn upon signing the contract with Savola, and paid the
remaining amount of SR615mn through check later. Through
this transaction, Savola has realized a net capital gain of
SR231.4mn, which will be reflected in its financial statements for
4Q2013. The proceeds from this transaction will be used to
finance expansion projects of Savola Group. (Tadawul)
 UAE Central Bank’s money supply aggregate M0 declines
0.3% in September – The Central Bank of the UAE announced
that the money supply aggregate M0 has declined 0.3% QoQ to
AED60.5bn at the end of September 2013. Meanwhile, the
money supply aggregate M1 has increased 1.8% QoQ to
AED354.4bn in September 2013 and the money supply
aggregate M2 rose 1.6% QoQ to AED955bn. Further, the money
supply aggregate M3 has increased by 0.2% QoQ to
AED1,199.6bn at the end of September 2013. The UAE Central
Bank’s total assets stood at AED1,907.7bn in September 2013,
indicating an increase of 1.2%. The bank’s deposits declined
0.1% to AED1,270bn, while total loans & advances rose 1.1%
QoQ to AED1,178.3bn. (Bloomberg)
 HSBC: UAE SMEs second most confident on trade
prospects – According to HSBC’s latest Trade Confidence
Index (TCI), the UAE’s small & medium-sized enterprises are
the second most positive businesses in the world about trade.
The index shows that more than 60% of the country’s SMEs are
confident about their export and import trade volumes increasing
over the next six months, beating other heavyweights such as
the UK, China and Hong Kong. The UAE’s TCI reading of 132
points stood at the highest level since 2010, with its
manufacturing sector expressing the greatest level of
confidence. Other MENA countries also ranked well, with Saudi
Arabia ranking fourth and Egypt at tenth. (Bloomberg)
 UAE plans to diversify its energy sources, ADNOC to rise
oil exports to 3.5mn bpd – The UAE’s Minister of Energy
Suhail bin Mohamed Faraj Fares Al Mazrouei said the country is
working toward diversifying its energy sources with nuclear
power accounting for 25% of the energy, renewable energy
around 5-7% and natural gas accounting 67-70% of the total
electricity demand. Further, Al Mazrouei also said that the Abu
Dhabi National Oil Company (ADNOC) is working toward
increasing its oil exports to 3.5mn barrels per day (bpd). ADNOC
is investing on its onshore and offshore sour gas production
through projects worth $70bn, that are part of Abu Dhabi’s
Economic Vision 2030. (GulfBase.com)
 DMCC signs MoU with DACC to explore ways for
cooperation – The Dubai Multi Commodities Centre’s Authority
(DMCC) has signed a MoU with the Dubai Aviation City
Page 3 of 5

4. Corporation (DACC) to explore cooperation between the two
parties and enhance the ease of doing business for its
members. Under this MoU, DMCC and DWC will explore ways
for its members to avail products and services provided by both
parties under a single license. (GulfBase.com)
 Ajman Bank appoints CEO – Ajman Bank has appointed
Mohammed Amiri as the CEO of the bank. (DFM)
 TAQA agrees to sell 40% stake in NGT to PensionDanmark
– The Abu Dhabi National Energy Company (TAQA) has
reached an agreement with Denmark-based PensionDanmark to
sell its 40% stake in Netherlands’ Noordgastransport (NGT)
natural gas pipeline for a total consideration of $240mn. NGT
consists of approximately 470 kilometers of offshore pipeline
that has a daily gas carrying capacity of around 42mn cubic
meters. TAQA had acquired its NGT stake in 2009 from Royal
DSM. (ADX)
 ADNOC may take until 2015 to choose oil partners – Abu
Dhabi Company for Onshore Oil Operations CEO Abdul Munim
Saif al-Kindy said ADNOC’s onshore unit is not in rush to decide
which companies will partner in oil concessions expiring in 2014
and mentioned that it could take as long as 1Q2015. He said
selection of partners will take into consideration solutions they
offer to solve technical challenges the company face in fields.
(Bloomberg)
invest some of their funds in Islamic instruments as well.
(GulfBase.com)
 Oman slams Gulf culture of energy subsidies – Oman’s Oil &
Gas Minister Mohammed bin Hamad al-Rumhy said subsidized
petrol and electricity programs are causing a huge waste of
energy across the Gulf region and are threatening economies.
Compared to its wealthy Gulf neighbors, Oman is under an
immediate pressure to reform since its energy resources are
less ample. The IMF has warned that Oman’s state finances
could slide into a deficit over the coming years due to recent
public spending increases. (Gulf-Times.com)
 ABG reports $33.4mn net income in 3Q2013 – Al Baraka
Banking Group (ABG) has reported a decline of 8.2% YoY in its
net income to $33.4mn, which is attributable to its parent’s
equity holders for 3Q2013. Total assets at the end of September
30, 2013 stood at $19.9bn, reflecting an increase of 4.4% YTD.
Investments & financing portfolio rose by 5% YTD, while
customer accounts were up by 2%. (Bahrain Bourse)
 ADNOC signs JV deal with Masdar to set up CCUS project –
The Abu Dhabi National Oil Company has signed an agreement
with the Abu Dhabi Future Energy Company (Masdar) to
establish a joint venture that will focus on developing
commercial scale projects for Carbon Capture, Usage and
Storage (CCUS). ADNOC owns 51%, while Masdar owns 49%
in this JV. ADNOC and Masdar have jointly awarded an
engineering, procurement & construction (EPC) contract worth
AED450mn to Dodsal Group to develop a carbon dioxide (CO2)
compression facility and a 50-kilometer long pipeline.
(Bloomberg)
 Musanada begins to implement New Khalifa City project –
The Abu Dhabi General Services Company (Musanada) is about
begin the implementation of New Khalifa City project in Abu
Dhabi. Musanada has already obtained all requisite permissions
from the Abu Dhabi Urban Planning Council for the
implementation of infrastructure and construction operations.
(GulfBase.com)
 Kuwait plans special committee to review subsidies on
goods, services – Kuwait's government is reportedly planning
to establish a special committee to review the subsidies given
on goods and services that are costing Kuwait around KD4.5bn
per year. According to the International Monetary Fund (IMF),
Kuwait’s expenditures will exceed its oil revenues by 2017, while
the Kuwaiti government believes that there could be a budget
deficit in 2021. Kuwait does not impose tax on earnings and
provides all residents, including foreigners the benefit of
subsidized petrol, cheap electricity and water, while Kuwaiti
nationals get extra support for housing and food. (Reuters)
 Oman establishes committee to issue sovereign Islamic
bond – The Central Bank of Oman’s (CBO) Executive President
Hamoud Sangour Al Zadjali said that Oman has established a
working committee to issue a sovereign Islamic bond (sukuk) to
fund infrastructure projects in the near future. The committee
members are chosen from the Ministry of Finance, CBO and the
Capital Market Authority. Al Zadjali said sukuk issue aims to
deepen the financial market in Oman and will enable Islamic
banking institutions to invest some of their excess liquidity in a
semi-secured instrument. It will also help the pension funds to
Page 4 of 5

5. Rebased Performance
Daily Index Performance
150.0
0.8%
140.0
0.5%
143.3
130.0
129.3
120.0
0.4%
0.2%
0.1%
117.8
110.0
0.0%
100.0
(0.0%)
S&P Pan Arab
S&P GCC
Source: Bloomberg
Asset/Currency Performance
Source: Bloomberg
Close ($)
1D%
WTD%
YTD%
Global Indices Performance
1,288.60
0.0
0.0
(23.1)
DJ Industrial
21.51
0.0
0.0
(29.1)
105.12
0.0
0.0
(5.4)
3.54
0.0
0.0
3.4
118.13
0.0
0.0
31.3
142.63
0.0
0.0
(19.2)
Euro
1.34
0.0
0.0
1.3
Yen
99.05
0.0
0.0
14.2
Nikkei
GBP
1.60
0.0
0.0
(1.5)
MSCI EM
CHF
1.09
0.0
0.0
(0.7)
SHANGHAI SE Composite
AUD
0.94
0.0
0.0
(9.7)
USD Index
81.30
0.0
0.0
RUB
32.65
0.0
0.0
BRL
0.43
0.0
0.0
(11.5)
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
Dubai
Jul-13
Oman
May-12 Dec-12
Abu Dhabi
QE Index
Oct-11
Bahrain
Jan-10 Aug-10 Mar-11
Kuwait
80.0
(0.1%)
(0.2%)
Qatar
(0.4%)
(0.2%)
Saudi Arabia
90.0
Close
1D%
WTD%
YTD%
15,761.78
0.0
0.0
20.3
S&P 500
1,770.61
0.0
0.0
24.1
NASDAQ 100
3,919.23
0.0
0.0
29.8
322.72
0.0
0.0
15.4
DAX
9,078.28
0.0
0.0
19.3
FTSE 100
6,708.42
0.0
0.0
13.7
STOXX 600
CAC 40
4,260.44
0.0
0.0
17.0
14,086.80
0.0
0.0
35.5
995.30
0.0
0.0
(5.7)
2,106.13
0.0
0.0
(7.2)
HANG SENG
22,744.39
0.0
0.0
0.4
1.9
BSE SENSEX
20,666.15
0.0
0.0
6.4
7.0
Bovespa
52,248.86
0.0
0.0
(14.3)
1,435.12
0.0
0.0
(6.0)
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
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