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QE Intra-Day Movement Market Indicators
1. QE Intra-Day Movement
Market Indicators
10,160
10,140
10,120
10,100
12 Nov 13
%Chg.
475.2
545,965.8
11.6
5,927
41
23:17
343.2
543,161.1
10.4
5,298
38
22:14
38.5
0.5
11.3
11.9
7.9
–
Market Indices
10,080
10,060
9:30
13 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 rose 0.6% to close at 10,128.5. Gains were led by the Industrials
and Insurance indices, gaining 0.8% and 0.7% respectively. Top gainers were
Qatar Cinema & Film Dist. Co. and Qatar Electricity & Water Co., rising 4.9%
and 2.1% respectively. Among the top losers, Al Khaleej Takaful Group fell
1.6%, while Qatar Navigation declined 1.4%.
Close
Total Return
All Share Index
Banks
Industrials
Transportation
Real Estate
Insurance
Telecoms
Consumer
Al Rayan Islamic Index
1D%
WTD%
YTD%
TTM P/E
14,471.33
2,531.37
2,419.52
3,314.27
1,856.41
1,879.07
2,364.34
1,440.03
5,901.28
2,889.36
0.6
0.5
0.6
0.8
(0.7)
0.5
0.7
0.4
0.2
0.4
1.5
1.6
2.5
1.2
(0.8)
1.7
1.3
1.0
(0.0)
1.5
27.9
25.7
24.1
26.2
38.5
16.6
20.4
35.2
26.4
16.1
N/A
12.8
13.0
12.0
12.6
12.9
9.7
19.9
22.4
15.1
GCC Commentary
GCC Top Gainers##
Exchange
Saudi Arabia: The TASI index fell 0.4% to close at 8,297.8. Losses were led
by the Telecomm. & Info. Tech. and Cement indices, declining 1.2% and 0.9%
respectively. Saudi Telecom Co. fell 4.5%, while Southern Province Cement
Co. was down 3.1%.
Salhia Real Estate Co.
Kuwait
Saudi Investment Bank
Dubai: The DFM index gained 0.5% to close at 2,813.9. The Investment &
Financial Services index rose 1.4%, while the Services index was up 1.3%.
Oman Insurance Co. gained 10.5%, while Gulf General Investments Co. was
up 3.2%.
Close#
1D%
Vol. ‘000
0.39
6.8
6.0
5.4
Saudi Arabia
26.20
4.4
403.5
44.8
National Medical Care
Saudi Arabia
55.75
3.2
2,231.4
N/A
Etihad Atheeb Telecomm.
Saudi Arabia
15.20
2.7
5,646.1
18.8
Comm. Bank of Dubai
Dubai
4.20
2.4
26.4
40.0
##
#
YTD%
1D% Vol. ‘000
YTD%
0.28
(8.1)
288.1
(19.6)
Saudi Arabia
53.50
(4.5)
2,407.9
23.6
South. Province Cement
Saudi Arabia
118.50
(3.1)
490.0
18.5
National Real Estate
Kuwait
0.16
(2.5)
1,137.4
30.0
Taiba Holding Co.
Saudi Arabia
42.50
(1.8)
1,869.7
71.0
Abu Dhabi: The ADX benchmark index rose 0.1% to close at 3,785.1. The
Inv. & Fin. Ser. index gained 4.1%, while the Telecomm. index was up 0.4%.
BILDCO rose 13.0%, while Int Fish Farming Holding was up 10.7%.
GCC Top Losers
Exchange
IFA Hotels & Resorts
Kuwait
Kuwait: The KSE index declined 0.3% to close at 7,916.4. The Telecom index
fell 1.6%, while the Consumer Ser. index was down 1.0%. Future Kid Ent. &
Real Estate declined 8.3%, while IFA Hotels & Resorts was down 8.1%.
Saudi Telecom Co.
Oman: The MSM index rose marginally to close at 6,765.0. All the indices
ended in red. Shell Oman Marketing Co. gained 1.5%, while Construction
Materials Industries & Contracting Co. was up 1.4%.
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)
Bahrain: The BHB index was closed on November 13, 2013.
Qatar Exchange Top Gainers
Close*
1D%
Vol. ‘000
YTD%
Qatar Exchange Top Losers
Close*
1D%
Vol. ‘000
Qatar Cinema & Film Dist. Co.
43.00
4.9
0.3
(24.4)
Al Khaleej Takaful Group
38.80
(1.6)
0.2
5.8
87.20
(1.4)
149.2
38.2
YTD%
166.50
2.1
58.9
25.8
Qatar Navigation
United Development Co.
23.14
1.3
3,080.5
30.0
Qatar German Co. for Med. Dev.
14.71
(0.7)
57.5
(0.5)
Qatar Insurance Co.
66.00
1.2
163.4
22.3
Al Khalij Commercial Bank
19.41
(0.5)
332.3
14.2
QNB Group
171.70
1.0
191.6
31.2
Mannai Corp.
88.50
(0.4)
5.4
9.3
Qatar Exchange Top Vol. Trades
Qatar Electricity & Water Co.
Close*
1D%
Vol. ‘000
YTD%
Qatar Exchange Top Val. Trades
Close*
1D%
Val. ‘000
YTD%
United Development Co.
23.14
1.3
3,080.5
30.0
Industries Qatar
164.60
0.8
85,611.2
16.7
Masraf Al Rayan
31.30
0.8
1,115.2
26.3
United Development Co.
23.14
1.3
71,518.5
30.0
Qatar Gas Transport Co.
19.53
(0.3)
1,085.4
28.0
Masraf Al Rayan
31.30
0.8
34,935.2
26.3
9.60
(0.2)
860.1
15.0
QNB Group
171.70
1.0
32,787.9
31.2
32.80
0.5
711.9
42.6
Ooredoo
138.10
0.4
29,589.5
32.8
Vodafone Qatar
Qatari Investors Group
Source: Bloomberg (* in QR)
Source: Bloomberg (* in QR)
Regional Indices
Qatar*
Dubai
Abu Dhabi
Saudi Arabia
Kuwait
Oman
Bahrain#
Close
1D%
WTD%
MTD%
YTD%
10,128.52
2,813.93
3,785.14
8,297.79
7,916.36
6,764.98
1,204.02
0.6
0.5
0.1
(0.4)
(0.3)
0.0
N/A
1.5
(2.9)
(1.7)
0.4
(0.3)
0.2
(0.2)
3.0
(3.7)
(1.6)
3.1
(0.4)
1.4
0.2
21.2
73.4
43.9
22.0
33.4
17.4
13.0
Exch. Val. Traded
($ mn)
130.51
137.29
68.84
1,322.45
73.02
47.53
N/A
Exchange Mkt.
Cap. ($ mn)
149,976.8
68,167.2
108,801.1
450,058.4
109,386.7
24,099.7
16,863.5
P/E**
P/B**
12.9
14.9
10.5
17.0
18.1
10.9
8.1
1.8
1.1
1.3
2.1
1.3
1.6
0.8
Dividend
Yield
4.5
3.2
4.8
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) ( Data as on Nov. 12, 2013)
Page 1 of 5
2. Qatar Market Commentary
The QE index rose 0.6% to close at 10,128.5. The Industrials
and Insurance indices led the gains. The index rose on the back
of buying support from Qatari shareholders despite selling
pressure from non-Qatari shareholders.
Overall Activity
Buy %*
Sell %*
Net (QR)
Qatari
66.85%
9,533,834.98
Non-Qatari
Qatar Cinema & Film Dist. Co. and Qatar Electricity & Water Co.
were the top gainers, rising 4.9% and 2.1% respectively. Among
the top losers, Al Khaleej Takaful Group fell 1.6%, while Qatar
Navigation declined 1.4%.
68.86%
31.14%
33.15%
(9,533,834.98)
Source: Qatar Exchange (* as a % of traded value)
Volume of shares traded on Wednesday rose by 11.3% to
11.6mn from 10.4mn on Tuesday. Further, as compared to the
30-day moving average of 7.0mn, volume for the day was 65.7%
higher. United Development Co. and Masraf Al Rayan were the
most active stocks, contributing 26.5% and 9.6% to the total
volume respectively.
Earnings and Global Economic Data
Earnings Releases
Company
Revenue
(mn) 3Q2013
% Change
YoY
Operating Profit
(mn) 3Q2013
% Change
YoY
Net Profit (mn)
3Q2013
% Change
YoY
AED
193.1
-37.6%
–
–
-89.6
-41.6%
Dubai
AED
54.8
56.9%
–
–
3.6
N/A
Dubai
AED
40.5
-12.2%
-603.3
N/A
-614.3
N/A
Dubai
AED
236.4
-6.5%
27.8
-23.3%
29.4
-22.3%
Dubai
AED
84.1
-9.1%
–
–
0.2
-90.8%
Dubai
AED
3.2
37.7%
–
–
-0.3
-144.5%
Dubai
USD
48.4
-22.8%
–
–
7.5
30.1%
Dubai
AED
1,937.5
38.9%
–
–
100.8
187.9%
Abu Dhabi
AED
2.2
-8.3%
–
–
1.4
N/A
Abu Dhabi
AED
–
–
–
–
27.3
N/A
Abu Dhabi
AED
39.2
14.6%
–
–
9.1
-1.6%
Kuwait
KD
3.7
-41.4%
–
–
0.9
N/A
Oman
OMR
–
–
–
–
21.2
18.9%
Market
Islamic Arab Insurance Co.
(IAIC)
SHUAA Capital
Gulf Navigation Holding
(GNH)
Dubai Refreshments Co.
(DRC)
United Foods Co. (UFC)
Al Firdous Holdings
Arab Life & Accident
Insurance Co. (ALAI)
Arabtec Holding
Umm Al Qaiwain Cement
Industries Co. (QCEM)
Union Insurance Co. (UIC)*
Emirates Driving Co. (EDC)
International Financial
Advisors Co. (IFA)
Ominvest*
Currency
Dubai
Source: Company data, DFM, ADX, MSM (*Nine months ended on September 30, 2013)
Global Economic Data
Date
Market
Source
Indicator
Period
Actual
Consensus
Previous
11/13
US
MBA
MBA Mortgage Applications
8-November
11/13
EU
Eurostat
Industrial Production SA MoM
September
-1.80%
–
-2.80%
-0.50%
-0.30%
11/13
EU
Eurostat
Industrial Production WDA YoY
1.00%
September
1.10%
0.00%
-1.10%
11/13
UK
ONS
11/13
UK
ONS
Jobless Claims Change
October
-41.7K
-30.0K
-44.7K
Average Weekly Earnings 3M/YoY
September
0.70%
0.70%
11/13
UK
0.80%
ONS
Weekly Earnings ex Bonus 3M/YoY
September
0.80%
0.90%
11/13
0.80%
UK
ONS
ILO Unemployment Rate 3Mths
September
7.60%
7.60%
7.70%
11/13
UK
ONS
Employment Change 3M/3M
September
177K
113K
155K
11/13
Spain
INE
CPI Core MoM
October
0.80%
–
0.00%
11/13
Spain
INE
CPI Core YoY
October
0.20%
0.30%
0.80%
11/13
Spain
INE
CPI MoM
October
0.40%
0.50%
-0.20%
11/13
Spain
INE
CPI YoY
October
-0.10%
-0.10%
0.30%
Source: Bloomberg (s.a. = seasonally adjusted; n.s.a. = non-seasonally adjusted; w.d.a. = working day adjusted)
Page 2 of 5
3. News
Qatar
S&P: Private consumption, infrastructure boom to drive
Qatari economy – According to S&P, Qatar’s economy will
continue to show “strong, although slowing momentum”,
reflecting the country’s “robust private consumption and the
significant infrastructure development program”. The ratings
agency said economic risks for the Qatari banking sector remain
average in a global comparison. It said Qatar has made some
progress toward diversifying its economy despite its heavy
dependence on oil and LNG production. S&P expects Qatar’s
real estate market to recover from its sharp decline, where the
commercial sector still remains more vulnerable than the
housing segment. In S&P’s view, this is one of the main risks
faced by the Qatari banking sector, given its high concentration
in lending to cyclical sectors like real estate and construction.
However, S&P views the trend for industry risk in the Qatari
banking sector as stable. The sector has an adequate share of
core deposits, strong efficiency, and increasingly stringent
lending practices. However, risk appetite remains elevated, with
high exposure to real estate lending, and ambitious expansions
abroad. (Gulf-Times.com)
S&P: Qatari Islamic bank growth on fast track due to
government support – According to S&P, Islamic banks in
Qatar are growing faster than conventional banks on the back of
government backing. The ratings agency anticipates Islamic
lenders to continue gaining market share and becoming the third
largest in the Gulf region, after Saudi Arabia and the UAE. The
total balance sheet of Qatar’s Islamic banks stood at $54bn at
the end of 2012. S&P said, assuming these Islamic banks grow
at an average of 15% over the next five years, it expects their
asset base to exceed $100bn by 2017. Although S&P observed
a visible slowdown in lending in 1H2013 due to administrative
delays on certain projects, it expects credit growth to
reaccelerate in 2014, when major infrastructure projects start in
preparation for Qatar hosting the 2022 World Cup. The ratings
agency believes this will bolster the domestic demand for credit
and support the lending activities of Islamic banks. Meanwhile,
S&P said despite the discussion in the market about a new
Islamic bank with an overseas mandate, it has not seen any
tangible progress in this regard. (Gulf-Times.com)
Qatar plans to invest QR73bn on bridges and subways –
Qatar will invest about $20bn (QR73bn) on construction of
bridges, subways and underpasses to link its various road and
rail projects with an aim to upgrade the country’s connectivity
with neighboring countries. This amount is part of the country’s
$100bn investment plan dedicated for its transportation sector
over the next few years. (Peninsula Qatar)
QE holds 2nd IPO Advisory Group meeting – The Qatar
Exchange (QE) held its second IPO Advisory Group meeting on
November 11, 2013 to seek input from various market
participants on its new initiatives. Both QE and the IPO Advisory
Group members intend to work together on different
mechanisms to overcome obstacles and other issues related to
the overall IPO process in Qatar. (QE)
QDB unit helps Qatar private firms post 77% jump in
exports – The Qatar Development Bank (QDB), through its
export arm Tasdeer, has helped private sector companies in
Qatar to significantly increase their non-oil exports in 2012.
According to the Qatar Statistics Authority, companies directly
supported by QDB increased their non-oil exports from
QR597mn in 2011 to QR1.06bn, indicating 77% YoY growth.
Similarly, as a result of QDB’s export development strategy, 26
Qatari companies with exports above QR5mn increased their
exports by 50% YoY in 2012, while 16 companies with exports
of QR1-5mn registered an increase of 13.5%. (Gulf-Times.com)
Woqod opens service station at west Mesaieed – Qatar Fuel
(Woqod) has opened a new service station at west Mesaieed. It
is the second service station inaugurated by Woqod within a
week, after the Pearl-Qatar service station on November 10.
The new station will provide gasoline and diesel fuels for
motorists and will also have special lanes for fuel trucks using
high speed dispensers. Further, a Sidra convenience store will
provide a range of hot & cold beverages in addition to fast food,
and a vast collection of daily customer needs. Currently, Woqod
has two service stations under construction and another nine
under planning consent. (Gulf-Times.com)
Ashghal: Doha will have new zoo with additional features –
The Public Works Authority (Ashghal) announced that Doha will
soon have a new zoo with additional features and attractions.
The new zoo will cover 75 hectares, seven times the size of the
current facility, which has been closed for development work.
The new zoo will be divided into several regions representing
the natural and climatic features of three continents. Ashghal
has launched the final concept master plan for the new zoo’s
development, and has appointed KEO International Consultants
as the project supervision consultant in cooperation with
HHCP+PJA on a QR230mn contract. (Gulf-Times.com)
QA Cargo launches new freighter services – Qatar Airways
Cargo will expand its global network by launching new dedicated
freighter services to Beirut, Madrid, Paris and Tbilisi. QA Cargo
has also increased the frequency of its flights to Seoul and
raised the capacity of its Oslo service. (Bloomberg)
QA named best emerging airline – Qatar Airways was named
as the Best Emerging Airline on the Social Media category for
2013 by leading aviation marketing consultancy, SimpliFlying.
Qatar Airways was declared overall winner in the Best Emerging
Airline/Airport, which was given as part of the Fourth Annual
Simplifying Awards. (Peninsula Qatar)
International
Yellen: US Fed has more work to do to support recovery –
Janet Yellen, President Barack Obama's nominee to lead the
Federal Reserve said the economy and labor markets are
performing far below their potential, and they must improve
before the Fed can begin reducing monetary stimulus. Yellen
said a strong recovery will ultimately enable the Fed to reduce
its monetary accommodation and reliance on unconventional
policy tools such as asset purchases. She believes that
supporting the recovery right now is the surest path to returning
to a more normal approach to monetary policy. (Reuters,
Bloomberg)
BoE slashes jobless forecast– The Bank of England (BoE)
slashed its unemployment forecast but said an early fall in the
jobless rate would not trigger interest rate hikes, leaving
analysts confused over its new centerpiece policy of forward
guidance. In August, BoE promised to keep rates at a record low
at least until unemployment fell to 7% – something the bank
forecast at the time would take more than three years. But the
BoE yesterday forecasted that unemployment could hit that level
as soon as the end of next year, while at the same time
stressing heavily that higher interest rates would hinge on other
factors such as labor market productivity. (Reuters)
Germany likely grew by 0.25% QoQ in 3Q2013 – German
Deputy Economy Minister Bernhard Heitzer said the German
economy likely expanded by a 0.25% in 3Q2013 and growth will
pick up to nearly 0.5% in 4Q2013. Economists polled by Reuters
Page 3 of 5
4. had expected third-quarter growth of 0.3% QoQ, down from
0.7% between April and June. Heitzer said growth is supported
by the domestic economy. (Reuters)
Japan’s 3Q2013 GDP slows, consumption expected to pick
up again – Japan's economy slowed less than expected in
3Q2013 and is expected to pick up pace in the current quarter
as consumers spend to beat a tax rise next year. However, the
country’s business investment came in sharply below market
forecasts. The 0.5% expansion in 3Q2013 compares with the
median estimate for a 0.4% increase and followed by a 0.9%
growth in 2Q2013. It was a fourth successive quarter of growth,
the best run for the Japan’s economy in three years. (Reuters)
Australia’s senate rejects debt ceiling raise to A$500bn –
Australia’s upper house Senate proposed a cap on the nation’s
debt ceiling at A$400bn ($374bn), frustrating the government’s
efforts to increase it to half a trillion dollars. The Liberal-National
coalition government says the current A$300bn limit will be
breached next month, and sought Senate approval for an
increase to A$500bn. However, the opposition Labor party and
the Greens amended the bill and sent it back to the lower house,
where it will be rejected by the government. (Reuters)
Regional
Moody's: Saudi Arabia's oil revenues provide a sizeable
asset cushion to long term oil price risks – Moody's
Investors Service said Saudi Arabia's Aa3 government bond
rating and stable outlook reflect the Kingdom's considerable
economic and government financial strength. In recent years
windfall oil revenues have generated large fiscal surpluses,
allowing the government to build a sizeable asset cushion and
sharply reduce its debt ratios, to levels much lower than its
peers. According to Moody's, Saudi Arabia's rating also
incorporates an element of geopolitical risk because of its
strategic rivalry with Iran, while the authorities have been
successful in neutralizing internal terrorist threats. (Bloomberg)
Cost of living index in Kingdom rises 1.1% YoY in October –
According to the data released by the Central Department of
Statistics & Information (CDSI), Saudi Arabia’s cost of living
index rose by 1.1% YoY in October 2013. This rise was mainly
due to an increase in the prices of foodstuffs by 2% and other
goods by 0.4%. The prices of beverages & cigarettes increased
6.6% YoY, while prices of foodstuffs & livestock rose by 4.2% in
October 2013. The equipment & transport group prices reported
an increase of 3.7%, manufactured goods rose by 0.5%, edible
oil & ghee by 0.4%, and preliminary goods by 0.3%. However,
the data for October 2013 showed that prices of other
commodities declined by 18.9%, which include chemicals by
5.7% and manufactured goods by 3%. Meanwhile, the index
showed that wholesale prices of goods reached 159.5 points in
October 2013 as compared to 159.2 points in September.
(GulfBase.com)
MA'ADEN to close fund raising for its phosphate project
before 2013 – Saudi Arabian Mining Company (MA'ADEN) is
planning to close fund raising for its $7bn phosphate project
before the end of 2013. These funds will be used to fund the
Umm Wual development at Waad Al Shimal City as well as the
connected infrastructure at Ras Al Khair. (Reuters)
SABIC tightens guidance on €750mn euro bond – Saudi
Basic Industries Corporation (SABIC) twice tightened the pricing
guidance for its €750mn euro-denominated bond prior to its
launch on the back of investor demand. Revised guidance for
the transaction is set at 135 basis points over midswaps, having
been tightened to 140 bps (plus or minus 5 bps). Orders from
investors totaled €3.5bn, with books given as €2.7bn, when the
guidance was tightened for the first time. (Reuters)
HCC resume operations after maintenance – Hail Cement
Company (HCC) has resumed operations in its production line
after completing the scheduled maintenance on November 12,
2013. (Tadawul)
Dubai World to sell hotels, utility to reduce debt – Dubai
World’s investment arm, Istithmar, is reportedly set to sell
Atlantis resort on Palm Island and a utility to raise cash before
$5.5bn repayment due in September 2015. (Bloomberg)
Mansouri: UAE’s stock markets to gain after its recent S&P
upgrade – The UAE’s Minister of Economy Sultan bin Saeed Al
Mansouri showed confidence about the country’s stock markets
getting more investments after the recent upgrade by S&P. Last
week, S&P upgraded the Emirates Securities Markets to
Emerging Market status from Frontier. (GulfBase.com)
UAE Banks Federation agrees on code of conduct for
banking practices – Member banks of the UAE Banks
Federation have agreed on a code of conduct to help them raise
the professional standards of banking practices and promote
greater trust in the UAE banking industry. This code of conduct
covers areas such as management & control, banks’
relationships, market conduct, customer interactions, relations
with the regulator and staff development among UAE nationals.
(Bloomberg)
Dubai to open corporate governance center in 2Q2014 –
Dubai's Department of Economic Development’s (DED) Deputy
Director General for Planning & Development Ali Ibrahim said
the Emirate will open a center for corporate governance based
on Shari’ah principles in 2Q2014. Being a part of Dubai's push
to be an Islamic economy hub, this center will guide both
financial and non-financial companies. The standards will not be
compulsory, but the center will issue Shari’ah compliance
certificates to companies who meet these standards, which will
cover issues such as corporate transparency & disclosure, but
the certificates will not be issued for individual products.
(GulfBase.com)
DFM accredits Vision Capital Brokerage for margin trading
– The Dubai Financial Market (DFM) has accredited the Vision
Capital Brokerage Company for providing margin trading. This
takes the total number of DFM brokerage firms providing this
service to 9 companies, of which 6 of them have been
accredited since the beginning of 2013. (DFM)
TAQA to book $40mn profit from 40% stake sale in NGT –
The Abu Dhabi National Energy Company (TAQA) will book a
profit of $40mn from the sale of its 40% stake in Netherlands’
Noordgastransport (NGT) to Denmark-based PensionDanmark
for $240mn. This gain will be visible in the company’s full-year
financial results. (GulfBase.com)
KFH reports KD39.3mn net profit in 3Q2013 – Kuwait Finance
House (KFH) has reported a net profit of KD39.3mn in 3Q2013,
indicating an increase of 16.6% YoY. According to Reuters, five
analysts had forecasted a net profit of KD37.4mn in 3Q2013.
(Reuters)
Oman’s public sector wage bill may jump by OMR900mn in
2014 – Oman’s Financial Affairs Minister Darwish al Balushi said
the country’s public sector wage bill may jump by OMR900mn in
2014. Balushi said the amount has not yet been included in
Oman's 2014 budget plan, since a study needs to be conducted
on how to finance the cost. (Reuters)
Page 4 of 5
5. Daily Index Performance
0.8%
0.6%
145.5
118.1
110.0
0.0%
(0.3%)
Jan-10 Aug-10 Mar-11
QE Index
Oct-11
May-12 Dec-12
S&P Pan Arab
Jul-13
S&P GCC
Source: Bloomberg
Asset/Currency Performance
Gold/Ounce
Silver/Ounce
Crude Oil (Brent)/Barrel (FM
Future)
Natural Gas (Henry
Hub)/MMBtu
North American Spot LPG
Propane Price
North American Spot LPG
Normal Butane Price
Qatar
(0.8%)
Saudi Arabia
(0.4%)
90.0
80.0
0.1%
0.0%
(0.4%)
100.0
0.0%
Dubai
129.8
120.0
Abu Dhabi
130.0
0.5%
0.4%
Oman
140.0
Bahrain*
150.0
Kuwait
Rebased Performance
Source: Bloomberg (*- Bahrain Bourse was closed on Nov. 13, 2013)
Close ($)
1D%
WTD%
YTD%
Global Indices Performance
Close
1D%
WTD%
YTD%
1,281.82
1.1
(0.5)
(23.5)
DJ Industrial
15,821.63
0.5
0.4
20.7
20.62
(0.5)
(4.1)
(32.0)
S&P 500
1,782.00
0.8
0.6
24.9
107.12
1.2
1.9
(3.6)
NASDAQ 100
3,965.58
1.2
1.2
31.3
3.68
(0.5)
3.7
7.2
319.82
(0.6)
(0.9)
14.4
119.38
1.1
1.1
33.4
DAX
9,054.83
(0.2)
(0.3)
18.9
142.13
1.0
1.2
(17.8)
FTSE 100
6,630.00
(1.4)
(1.2)
12.4
STOXX 600
Euro
1.35
0.4
0.9
2.2
Yen
99.25
(0.4)
0.2
14.4
CAC 40
Nikkei
GBP
1.61
1.0
0.2
(1.2)
MSCI EM
CHF
1.09
0.4
0.9
0.2
AUD
0.94
0.6
(0.3)
(9.9)
USD Index
80.93
(0.3)
(0.5)
RUB
32.76
(0.4)
0.3
BRL
0.43
(0.1)
(0.8)
(12.2)
4,239.94
(0.6)
(0.5)
16.4
14,567.16
(0.1)
3.4
40.1
979.88
(1.2)
(1.5)
(7.1)
2,087.94
(1.8)
(0.9)
(8.0)
HANG SENG
22,463.83
(1.9)
(1.2)
(0.9)
1.5
BSE SENSEX
20,194.40
(0.4)
(2.3)
4.0
7.3
Bovespa
52,230.29
0.8
(0.0)
(14.3)
1,406.92
(2.1)
(2.0)
(7.9)
Source: Bloomberg
SHANGHAI SE Composite
RTS
Source: Bloomberg
Contacts
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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
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sahbi.alkasraoui@qnbfs.com.qa
QNB Financial Services SPC
Contact Center: (+974) 4476 6666
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