SlideShare a Scribd company logo
1 of 5
Download to read offline
Page 1 of 5
QSE Intra-Day Movement
Qatar Commentary
The QSE Index declined 5.2% to close at 10,750.0. Losses were led by the Telecoms and
Real Estate indices, falling 7.2% and 6.9%, respectively. Top losers were Gulf
International Services and Islamic Holding Group, falling 10.0% each. Among the top
gainers, Qatar General Insurance & Reinsurance Co. was the only gainer which gained
1.5%.
GCC Commentary
Saudi Arabia: The TASI Index fell 6.9% to close at 7,463.3. Losses were led by the Real
Estate Development and Insurance indices, falling 9.5% and 9.4%, respectively. MetLife
AIG ANB Ins. and Saudi Ind. Dev. were down 10.0% each.
Dubai: The DFM Index declined 7.0% to close at 3,451.5. The Financial and Investment
Services index fell 9.8%, while the Consumer Staples index declined 9.2%. Amlak
Finance and Dubai Investment were down 10.0% each.
Abu Dhabi: The ADX benchmark index fell 5.0% to close at 4,286.5. The Energy index
declined 9.9%, while the Real Estate index fell 8.5%. Dana Gas declined 10.0%, while
Methaq Takaful Insurance Co. was down 9.9%.
Kuwait: The KSE Index declined 2.4% to close at 5,909.5. The Consumer Goods index
fell 4.1%, while the Telecommunication index declined 3.6%. Hilal Cement Co. fell
11.8%, while National Ranges Co. was down 9.6%.
Oman: The MSM Index fell 2.9% to close at 5,910.7. Losses were led by the Financial
and Services idices, faliing 3.8% and 2.6%, respectively. Al Batinah Dev. Inv. Holding fell
10.0%, while Al Madina Takaful was down 9.5%.
Bahrain: The BHB Index declined 0.4% to close at 1,315.1. The Commercial Bank index
fell 0.9%, while the other indices ended flat or in green. Al Salam Bank – Bahrain
declined 8.7%, while Khaleeji Commercial Bank was down 4.8%.
QSE Top Gainers Close* 1D% Vol. ‘000 YTD%
Qatar Gen. Insurance & Reins. Co. 55.80 1.5 3.4 8.8
QSE Top Volume Trades Close* 1D% Vol. ‘000 YTD%
Ezdan Holding Group 16.68 (7.6) 1,360.7 11.8
Vodafone Qatar 13.00 (7.2) 1,317.1 (21.0)
Mazaya Qatar Real Est Develop. 15.40 (8.4) 726.7 (15.6)
Masraf Al Rayan 39.10 (6.0) 691.3 (11.5)
Barwa Real Estate Co. 43.00 (5.9) 655.3 2.6
Market Indicators 23 Aug 15 20 Aug 15 %Chg.
Value Traded (QR mn) 414.7 375.3 10.5
Exch. Market Cap. (QR mn) 569,398.1 599,764.7 (5.1)
Volume (mn) 9.4 7.8 21.5
Number of Transactions 5,915 6,638 (10.9)
Companies Traded 40 42 (4.8)
Market Breadth 1:37 1:37 –
Market Indices Close 1D% WTD% YTD% TTM P/E
Total Return 16,709.32 (5.2) (5.2) (8.8) N/A
All Share Index 2,875.12 (5.2) (5.2) (8.8) 11.9
Banks 2,875.87 (4.6) (4.6) (10.2) 12.7
Industrials 3,380.93 (5.8) (5.8) (16.3) 11.9
Transportation 2,265.53 (4.7) (4.7) (2.3) 11.7
Real Estate 2,480.14 (6.9) (6.9) 10.5 8.2
Insurance 4,531.79 (0.4) (0.4) 14.5 21.3
Telecoms 896.68 (7.2) (7.2) (39.6) 23.6
Consumer 6,362.67 (6.4) (6.4) (7.9) 24.5
Al Rayan Islamic Index 4,131.60 (6.2) (6.2) 0.7 12.1
GCC Top Gainers## Exchange Close# 1D% Vol. ‘000 YTD%
Nat. Real Estate Co. Kuwait 0.09 2.3 5.0 (29.2)
Al Ahli Bank of Kuwait Kuwait 0.34 1.5 131.0 (17.1)
Qatar Gen. Ins. & Reins Qatar 55.80 1.5 3.4 8.8
Aluminium Bahrain Bahrain 0.48 0.4 89.0 (6.0)
GCC Top Losers## Exchange Close# 1D% Vol. ‘000 YTD%
Dana Gas Abu Dhabi 0.45 (10.0) 32,796.5 (10.0)
Dubai Investments Dubai 2.25 (10.0) 30,225.3 0.2
Gulf Int. Services Qatar 56.70 (10.0) 593.3 (41.6)
Deyaar Development Dubai 0.66 (10.0) 18,880.9 (22.5)
National Shipping Co. Saudi Arabia 32.90 (10.0) 5,499.3 (3.2)
Source: Bloomberg (# in Local Currency) (## GCC Top gainers/losers derived from the Bloomberg GCC 200
Index comprising of the top 200 regional equities based on market capitalization and liquidity)
QSE Top Losers Close* 1D% Vol. ‘000 YTD%
Gulf International Services 56.70 (10.0) 593.3 (41.6)
Islamic Holding Group 100.80 (10.0) 76.0 (19.0)
Widam Food Co. 54.00 (10.0) 30.2 (10.6)
Al Khaleej Takaful Group 33.80 (8.9) 156.2 (23.5)
Mazaya Qatar Real Estate Dev. 15.40 (8.4) 726.7 (15.6)
QSE Top Value Trades Close* 1D% Val. ‘000 YTD%
Qatar Islamic Bank 104.00 (4.8) 39,268.0 1.8
QNB Group 165.20 (3.9) 37,426.9 (22.4)
Gulf International Services 56.70 (10.0) 34,693.4 (41.6)
Industries Qatar 125.00 (3.8) 28,820.8 (25.6)
Barwa Real Estate Co. 43.00 (5.9) 28,557.0 2.6
Source: Bloomberg (* in QR)
Regional Indices Close 1D% WTD% MTD% YTD%
Exch. Val. Traded ($
mn)
Exchange Mkt. Cap.
($ mn)
P/E** P/B**
Dividend
Yield
Qatar* 10,750.00 (5.2) (5.2) (8.8) (12.5) 113.90 156,299.8 11.0 1.6 4.7
Dubai 3,451.48 (7.0) (7.0) (16.7) (8.5) 212.41 91,098.3 11.1 1.0 7.5
Abu Dhabi 4,286.49 (5.0) (5.0) (11.3) (5.4) 92.45 122,983.3 11.4 1.3 5.3
Saudi Arabia 7,463.32 (6.9) (6.9) (18.0) (10.4) 1,763.75 444,592.6 15.7 1.7 3.6
Kuwait 5,909.49 (2.4) (2.4) (5.5) (9.6) 68.99 91,489.9 14.2 1.0 4.4
Oman 5,910.74 (2.9) (2.9) (9.9) (6.8) 17.37 23,758.4 9.2 1.4 4.3
Bahrain 1,315.06 (0.4) (0.4) (1.2) (7.8) 0.32 20,568.5 8.3 0.8 5.2
Source: Bloomberg, Qatar Stock Exchange, Tadawul, Muscat Securities Exchange, Dubai Financial Market and Zawya (** TTM; * Value traded ($ mn) do not include special trades, if any)
10,600
10,800
11,000
11,200
11,400
9:30 10:00 10:30 11:00 11:30 12:00 12:30 13:00
Page 2 of 5
Qatar Market Commentary
 The QSE Index declined 5.2% to close at 10,750.0. The Telecoms and Real
Estate indices led the losses. The index fell on the back of selling pressure
from GCC and non-Qatari shareholders despite buying support from Qatari
shareholders.
 Gulf International Services and Islamic Holding Group were the top losers,
falling 10.0% each. Among the top gainers, Qatar General Insurance &
Reinsurance Co. was the only gainer which gained 1.5%.
 Volume of shares traded on Sunday rose by 21.5% to 9.4mn from 7.8mn on
Thursday. Further, as compared to the 30-day moving average of 4.0mn,
volume for the day was 133.8% higher. Ezdan Holding Group and Vodafone
Qatar were the most active stocks, contributing 14.4% and 14.0% to the
total volume, respectively.
Source: Qatar Stock Exchange (* as a % of traded value)
News
Qatar
 QNBFS: Qatari banks post flat loan growth in July – According to a
recent report by QNB Financial Services (QNBFS), loan growth,
which is vital to banks’ income growth, was flat for Qatari banks in
July 2015, but showed a 6.8% YTD increase. Banks’ credit
disbursal suffered in July as dispensation to the public sector
dipped by 2.6% MoM and fell by 6.9% YTD. QNBFS said the private
sector loan growth continued its positive trajectory growing by
2.1% MoM (up 14.0% YTD). The real estate followed by the
contractors segments positively contributed toward the loan
growth. Loans to the real estate segment (contributing around
28% to private sector loans) expanded by 13.9% MoM (a growth
of 19.1% YTD) while contractors (contributing 9% to private
sector loans) climbed up by 3.1% MoM (up 19.0% YTD). On the
other hand, personal loans declined. QNBFS said that deposit
growth of the banks suffered in July as it fell by 3.1% MoM but
grew by 3.8% YTD. Moreover, public sector deposits contracted by
10.8% MoM (down 10.8% YTD) in July versus an uptick of 1.1%
MoM in June. The LDR jumped to 112% in July as against 108% at
the end of June. (Peninsula Qatar)
 Qatar to host World Federation of Exchanges meeting in October –
The World Federation of Exchanges will hold its general assembly
and annual meeting at the Kempinski Marsa Malaz hotel in Doha,
Qatar during October 19-21, 2015. Chairmen and CEOs from
exchanges around the world will be attending and speaking at the
event, which includes heads of major international exchange
groups, the leading exchanges of the BRIC economies and leaders
of WFE-affiliated organizations such as clearing houses and the
post-trade sector. Representatives of global regulatory agencies,
supervisory authorities, sovereign wealth funds and major buy-
side firms will also be present and taking an active part. (QSE)
 Work on Qatar World Cup stadium to begin in September 2015 –
Doha News has reported that the Supreme Committee for Delivery
& Legacy (SCDL) said that the construction of Qatar’s Al Khor Al
Bayt 2022 FIFA World Cup stadium will begin in September 2015.
Enabling works ongoing since 2014, including building temporary
onsite offices, internal roads and leveling out the site, have now
been completed. Earlier, in July 2015, it was announced that Italian
construction firm Salini Impregilo Group, in joint venture with
Galfar and Cimolai, won $849mn contract to build the 2022 FIFA
World Cup stadium. (Bloomberg)
 Ministry plans 55 new parks – The Ministry of Municipality &
Urban Planning is planning to set up 55 new parks across Qatar.
Local Arabic daily Al Raya reported that Public Parks Department
Director Mohammed Ali Al Khoury said a plan to establish 55
parks is being studied to meet public needs. He said two new parks
will be opened in Umm Salal and Al Wakrah in a few months. He
added development of parks will continue after 15 public parks
were opened in 2014. (Peninsula Qatar)
 Msheireb awards car parking management system contract –
Msheireb Properties, a subsidiary of Qatar Foundation, has
awarded Qatar-based Traffic Tech (Gulf) the contract to set up a
“car parking management system” for the Msheireb Downtown
Doha (MDD) project. The deal is seen as an “important operational
milestone,” comprising the integration and future management of
one of the most complex car park systems in the world. In all, it
will cover 10,000 parking spaces and over 200 gated entry and
exits. Traffic Tech will design, fabricate, deliver, install and
maintain the car park management system and combine it with a
state-of-the-art “revenue control system.” Traffic Tech will also
adopt full control over the valet management, taxi dispatch,
parking guidance systems, and the parking facility management
software. (Gulf-Times.com)
 Qatar to have its own teleport in two years – Es’hailSat, the Qatar
Satellite Company, has signed a contract with Promer Qatar
Contracting Company to design and build the Es’hailSat Teleport.
The new teleport facility will provide satellite control &
communications support (TT&C) and capacity management,
together with a wide range of services such as uplink, downlink,
contribution, multiplexing, encoding, playout and broadcasting
tailored for business partners. Es’hailSat said a dedicated 50,000
square meters site north of Doha has been chosen as the location
for the new, state-of-the-art teleport facility. The high-tech teleport
will also provide back-up studios for TV channels and serve as a
disaster-recovery facility for broadcasters. The site will be
connected with the key media broadcasters in Qatar by means of a
redundant, dedicated fiber optic link. The new teleport design is
expected to be ready by 1Q2016 and the project will be completed
by 1Q2017. (Gulf-Times.com)
 Firms warned on healthcare at labor camps – The Ministry of Labor
& Social Affairs is getting tough with companies and may force
them to comply with the provisions of the labor law on making
medical facilities available to workers living in camps. The labor
law specifies that based on the number of workers (over 500),
companies must have a doctor on its payroll. Firms with 100 to
500 workers must employ a full-time qualified nurse to take care
of medical emergencies in their lodgings. As per the law,
companies with workers from five to 25 must have first aid
material and basic medicines at their lodgings. (Peninsula Qatar)
Overall Activity Buy %* Sell %* Net (QR)
Qatari 64.66% 56.65% 33,204,115.11
GCC 6.65% 11.04% (18,235,344.10)
Non-Qatari 28.69% 32.31% (14,968,771.01)
Page 3 of 5
International
 Britain wants to work with Iran on trade, investment – Britain on
Sunday said that it wanted to work with Iran’s central bank to
make it easier for the UK-based banks to finance trade and
investment in the country after a thaw in diplomatic relations.
Britain’s Foreign Secretary Philip Hammond told Central Bank of
Iran Governor Valiollah Seif that it would be very helpful and
positive if the two nations could begin a dialogue on how to create
conditions, which would allow the British banks and financial
institutions to engage in the financing of trade and investment in
Iran. He added there is a huge appetite both on the part of British
commercial and industrial businesses to engage with the
opportunity of Iran opening up and there is huge appetite on the
part of British financial institutions to support that activity but, of
course, it has to be done in a proper way. (Reuters)
 Economy Minister: Spain to keep growing at around 1% in 3Q2015
– According to Spanish Economy Minister Luis de Guindos, the
Spanish economy will grow during the July-September period at a
similar pace to previous quarters, boosted by a busy tourism
season and consumer spending. Spain has recovered from a deep
recession and the economy is growing at one of the fastest rates in
the Eurozone, expanding by 0.9% QoQ in the first three months of
2015, and by 1% in 2Q2015. He predicted Spain’s tax collection
would also keep growing, helping the turnaround. Spain’s center-
right government is banking on the economic turnaround to win
back voters ahead of the general election due by 2015-end. Spain
still has the second-highest unemployment rate in Europe after
Greece, at 22.4%. But jobs have started to return and household
spending has recovered after family budgets fell sharply in recent
years. Final GDP data for 2Q2015 is due on August 27. (Reuters)
 China allows pension funds to access stock market – China allowed
pension funds managed by local governments to invest in the stock
market for the first time, potentially channeling hundreds of
billions of yuan into the country’s struggling equity market. The
State Council, or cabinet, published the finalized rules on Sunday
after shares slumped nearly 12% last week, the worst weekly
performance since June. According to rules published on the
cabinet’s website, pension funds will be able to invest up to 30% of
their net assets in the country’s stocks, equity funds and balanced
funds. Previously, the pension funds could only invest in bank
deposits and treasuries. They can also invest in convertible bonds,
money-market instruments, asset-backed securities, index futures
and bond futures in China, as well as the country’s major
infrastructure projects. Local governments can mandate
institutions authorized by the central government to manage the
pension funds. (Reuters)
Regional
 NCB selling SR2bn Sukuk – According to sources, National
Commercial Bank (NCB) is selling a SR2bn Sukuk as part of its
plans to raise capital. The offer, which enhances the bank’s Tier 1
or core capital and is compliant with Basel III banking regulations,
is the third such transaction by NCB since June 2015, and is part of
a plan to raise as much as SR7bn of capital before 2015-end. The
issue is structured with a perpetual tenor but with a clause in the
documentation, which allows the bank to redeem the Islamic bond
after a certain date. The transaction will be reportedly privately
placed with one or more government-owned investment funds.
NCB Capital is acting as sole arranger for the transaction.
(Reuters)
 Saudi Aramco considers new industrial city project in East –
According to sources, Saudi Arabian Oil Company (Saudi Aramco)
is considering whether to build a new industrial city in the south of
the al-Ahsa district in Saudi Arabia’s Eastern Province, as
authorities seek to expand the Kingdom’s industrial base. Sources
added international engineering companies have already bid for
engineering work. The new city would be built around energy-
related industries, such as support services for power generation
and transmission. Renewable energy such as solar may be
included. (Bloomberg)
 Emirates expects 6% GCC traffic rise on DSS demand – Emirates
Airline expects a 6% growth in traffic from the Gulf countries this
summer as the airline continues to benefit from the positive
impact of Dubai Summer Surprises (DSS), in attracting visitors
from across the region and further afield. The carrier is one of the
longest serving strategic partners of the Dubai Festivals and Retail
Establishment (DFRE), and remains a long standing supporter of
DSS, as well as other major festivals and events such as the Dubai
Shopping Festival. To cater to the summer demand, the airline has
been offering more flights from popular GCC destinations such as
Saudi Arabia, Qatar, Kuwait and Oman to ensure there is more
capacity to help boost visitor numbers for Dubai Summer
Surprises. (Bloomberg)
 National Bonds to offer Islamic Takaful insurance – Dubai-based
National Bonds Corporation is planning to offer Islamic Takaful
insurance in six week’s time. The company wants to cash in on the
under-penetrated insurance market and aims to sell this most
essential product to its 800,000 strong clients spread among 200
nationalities in the UAE. Customers will be able to pick and choose
from six insurance benefits that they want to avail, including
situations such as death, permanent and terminal disability,
terminal illness, hospital cash benefits, second medical opinion,
critical illness and involuntary job loss cover. (GulfBase.com)
 ADNH appoints COO – Abu Dhabi National Hotels (ADNH) has
appointed Mr. Rutger Smits as its Chief Operating Officer (COO)
effective from August 23, 2015. (ADX)
 KNPC: Kuwait's Shuaiba oil refinery resumes operations – Kuwait
National Petroleum Company (KNPC) CEO Mohammad Al-Mutairi
said the Shuaiba oil refinery in Kuwait resumed operations on
August 22 after fire broke out at its heavy oil cracking unit on
August 17. The Shuaiba refinery restarted at a capacity of 120,000
barrels per day and all the units are operating expect those
affected. (Bloomberg)
 Oman plans 300-vessel mechanized fishing fleet – Oman’s Ministry
of Agriculture & Fisheries (MoAF) is planning to establish a fleet of
300 mechanized fishing vessels (MFVs) to fuel the long-term
growth of its increasingly vital fisheries sector. The move is a key
part of a new developmental master-plan to place a modern
fishery industry underpinned by up-to-date fishery harbor
infrastructure. According to officials, the strategy envisages
investment in the construction of new fishery harbors,
modernization of existing harbors, and establishment of new fish
landing centers, auction areas and idle-berthing facilities at key
locations all along the Sultanate's lengthy coastline.
(GulfBase.com)
 Oman’s electricity sector gearing up to meet growing future needs –
Oman’s electricity sector is expected to witness certain new
developments that will help meet the growing demand for energy,
currently rising by 10% per annum and is expected to grow by
11% in 2020. Oman Power & Water Procurement Company
(OPWP) had announced early in 2015 that it intends to introduce
new arrangements in the future for energy and water through
independent producers. These arrangements include introduction
of energy market in 2017 when the existing long-term contracts,
signed in the past with power plants, expire. The new system will
be operational and will run in parallel to the existing system of
long-term power procurement agreements. The new
arrangements also include a more flexible approach in concluding
power purchase pacts on the part of OPWP and will be aimed at
Page 4 of 5
enhancing competition among the existing and new plants.
(GulfBase.com)
 NCSI: Oman’s natural gas output grows 5.2% during January-July
2015 – According to statistics released by the National Centre for
Statistics & Information (NCSI), Oman’s natural gas production
and imports rose 5.2% to 22,666mn cubic meters (MNCM) during
January-July 2015 as compared to 21,554 MNCM during the same
period in 2014. Of this, non-associated gas showed a growth of
6.5% to 18,671MNCM, while associated gas production declined
0.6% to 3,995MNCM. (Bloomberg)
 MoF approves PSC’s ‘Voluntary End of Service Payment’ scheme –
Oman’s Ministry of Finance (MoF) has approved the ‘Voluntary
End of Service Payment’ scheme for all the Omani staff of Port
Services Corporation (PSC), wherein a comprehensive
compensation of one month basic salary will be paid for every year
of past service of the Omani employee. The MoF also agreed to
share the total cost of the scheme equally with PSC (i.e. 50% each).
Accordingly, PSC is taking all actions towards implementation of
the scheme. It is worth mentioning that the maximum share of the
total cost to PSC will be OMR2.08mn in case all Omani employees
opt to take the scheme. The actual cost of the scheme, which will
be accounted by PSC during the year ended December 31, 2015,
will be disclosed after concluding implementation of the scheme.
(MSM)
Contacts
Saugata Sarkar Sahbi Kasraoui QNB Financial Services SPC
Head of Research Head of HNI Contact Center: (+974) 4476 6666
Tel: (+974) 4476 6534 Tel: (+974) 4476 6544 PO Box 24025
saugata.sarkar@qnbfs.com.qa sahbi.alkasraoui@qnbfs.com.qa Doha, Qatar
Disclaimer and Copyright Notice: This publication has been prepared by QNB Financial Services SPC (“QNBFS”) a wholly-owned subsidiary of QNB SAQ (“QNB”). QNBFS is regulated by the Qatar Financial
Markets Authority and the Qatar Exchange QNB SAQ 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. QNBFS accepts no liability whatsoever for any direct or indirect
losses arising from use of this report. Any investment decision should depend on the individual circumstances of the investor and be based on specifically engaged investment 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. 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. For reports dealing with Technical Analysis, expressed opinions and/or recommendations may be different or
contrary to the opinions/recommendations of QNBFS Fundamental Research as a result of depending solely on the historical technical data (price and volume). 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. This report may not be reproduced in whole or in part without permission from QNBFS
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 (*$ adjusted returns)
80.0
100.0
120.0
140.0
160.0
180.0
Aug-11 Aug-12 Aug-13 Aug-14 Aug-15
QSE Index S&P Pan Arab S&P GCC
(6.9%)
(5.2%)
(2.4%)
(0.4%)
(2.9%)
(5.0%)
(7.0%)
(9.0%)
(6.0%)
(3.0%)
0.0%
SaudiArabia
Qatar
Kuwait
Bahrain
Oman
AbuDhabi
Dubai
Asset/Currency Performance Close ($) 1D% WTD% YTD% Global Indices Performance Close 1D%* WTD%* YTD%*
Gold/Ounce 1,160.95 0.8 4.1 (2.0) MSCI World Index 1,650.96 (2.7) (5.3) (3.4)
Silver/Ounce 15.32 (1.6) 0.4 (2.5) DJ Industrial 16,459.75 (3.1) (5.8) (7.6)
Crude Oil (Brent)/Barrel (FM
Future)
45.46 (2.5) (7.3) (20.7) S&P 500 1,970.89 (3.2) (5.8) (4.3)
Crude Oil (WTI)/Barrel (FM
Future)
40.45 (1.7) (4.8) (24.1) NASDAQ 100 4,706.04 (3.5) (6.8) (0.6)
Natural Gas (Henry
Hub)/MMBtu
2.70 (0.5) (4.6) (9.9) STOXX 600 361.28 (1.8) (4.6) (1.0)
LPG Propane (Arab Gulf)/Ton 37.00 (3.3) (1.7) (24.5) DAX 10,124.52 (1.5) (6.0) (3.5)
LPG Butane (Arab Gulf)/Ton 48.88 (2.5) (2.5) (25.4) FTSE 100 6,187.65 (2.6) (5.2) (5.0)
Euro 1.14 1.3 2.5 (5.9) CAC 40 4,630.99 (1.7) (4.7) 1.8
Yen 122.04 (1.1) (1.8) 1.9 Nikkei 19,435.83 (1.7) (3.4) 9.2
GBP 1.57 0.0 0.3 0.8 MSCI EM 812.38 (2.2) (6.0) (15.1)
CHF 1.06 1.3 3.2 5.1 SHANGHAI SE Composite 3,507.74 (4.2) (11.5) 5.4
AUD 0.73 (0.3) (0.9) (10.5) HANG SENG 22,409.62 (1.5) (6.5) (5.0)
USD Index 95.01 (1.0) (1.6) 5.2 BSE SENSEX 27,366.07 (2.0) (4.2) (5.0)
RUB 69.18 1.7 6.5 13.9 Bovespa 45,719.64 (3.0) (4.4) (30.8)
BRL 0.29 (1.1) (0.5) (24.3) RTS 762.38 (4.2) (8.7) (3.6)
128.6
105.8
102.1

More Related Content

What's hot

24 September Daily Market Report
24 September Daily Market Report24 September Daily Market Report
24 September Daily Market ReportQNB Group
 
7 December Daily market report
7 December Daily market report 7 December Daily market report
7 December Daily market report QNB Group
 
QNBFS Daily Market Report June 07, 2021
QNBFS Daily Market Report June 07, 2021QNBFS Daily Market Report June 07, 2021
QNBFS Daily Market Report June 07, 2021QNB Group
 
23 July Technical Market Report
23 July Technical Market Report23 July Technical Market Report
23 July Technical Market ReportQNB Group
 
14 July Technical Market Report
14 July Technical Market Report14 July Technical Market Report
14 July Technical Market ReportQNB Group
 
Daily market report (36)
Daily market report (36)Daily market report (36)
Daily market report (36)QNB Group
 
QNBFS Daily Market Report December 06, 2016
QNBFS Daily Market Report December 06, 2016QNBFS Daily Market Report December 06, 2016
QNBFS Daily Market Report December 06, 2016QNB Group
 
23 March Daily market report
23 March Daily market report23 March Daily market report
23 March Daily market reportQNB Group
 
QNBFS Daily Market Report October 05, 2021
QNBFS Daily Market Report October 05, 2021QNBFS Daily Market Report October 05, 2021
QNBFS Daily Market Report October 05, 2021QNB Group
 
QNBFS Daily Market Report January 22, 2020
QNBFS Daily Market Report January 22, 2020QNBFS Daily Market Report January 22, 2020
QNBFS Daily Market Report January 22, 2020QNB Group
 
QNBFS Daily Market Report March 20, 2019
QNBFS Daily Market Report March 20, 2019QNBFS Daily Market Report March 20, 2019
QNBFS Daily Market Report March 20, 2019QNB Group
 
25 August Daily market report
25 August Daily market report25 August Daily market report
25 August Daily market reportQNB Group
 
QNBFS Daily Market Report September 12, 2017
QNBFS Daily Market Report September 12, 2017QNBFS Daily Market Report September 12, 2017
QNBFS Daily Market Report September 12, 2017QNB 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 April 12, 2017
QNBFS Daily Market Report April 12, 2017QNBFS Daily Market Report April 12, 2017
QNBFS Daily Market Report April 12, 2017QNB Group
 
QNBFS Daily Market Report May 4, 2017
QNBFS Daily Market Report May 4, 2017QNBFS Daily Market Report May 4, 2017
QNBFS Daily Market Report May 4, 2017QNB Group
 
6 July Daily market report
6 July Daily market report 6 July Daily market report
6 July Daily market report QNB Group
 
QNBFS Daily Market Report September 21, 2021
QNBFS Daily Market Report September 21, 2021QNBFS Daily Market Report September 21, 2021
QNBFS Daily Market Report September 21, 2021QNB Group
 
Daily Market Report April 12, 2016
Daily Market Report April 12, 2016Daily Market Report April 12, 2016
Daily Market Report April 12, 2016QNB Group
 
30 September Daily Market Report
30 September Daily Market Report30 September Daily Market Report
30 September Daily Market ReportQNB Group
 

What's hot (20)

24 September Daily Market Report
24 September Daily Market Report24 September Daily Market Report
24 September Daily Market Report
 
7 December Daily market report
7 December Daily market report 7 December Daily market report
7 December Daily market report
 
QNBFS Daily Market Report June 07, 2021
QNBFS Daily Market Report June 07, 2021QNBFS Daily Market Report June 07, 2021
QNBFS Daily Market Report June 07, 2021
 
23 July Technical Market Report
23 July Technical Market Report23 July Technical Market Report
23 July Technical Market Report
 
14 July Technical Market Report
14 July Technical Market Report14 July Technical Market Report
14 July Technical Market Report
 
Daily market report (36)
Daily market report (36)Daily market report (36)
Daily market report (36)
 
QNBFS Daily Market Report December 06, 2016
QNBFS Daily Market Report December 06, 2016QNBFS Daily Market Report December 06, 2016
QNBFS Daily Market Report December 06, 2016
 
23 March Daily market report
23 March Daily market report23 March Daily market report
23 March Daily market report
 
QNBFS Daily Market Report October 05, 2021
QNBFS Daily Market Report October 05, 2021QNBFS Daily Market Report October 05, 2021
QNBFS Daily Market Report October 05, 2021
 
QNBFS Daily Market Report January 22, 2020
QNBFS Daily Market Report January 22, 2020QNBFS Daily Market Report January 22, 2020
QNBFS Daily Market Report January 22, 2020
 
QNBFS Daily Market Report March 20, 2019
QNBFS Daily Market Report March 20, 2019QNBFS Daily Market Report March 20, 2019
QNBFS Daily Market Report March 20, 2019
 
25 August Daily market report
25 August Daily market report25 August Daily market report
25 August Daily market report
 
QNBFS Daily Market Report September 12, 2017
QNBFS Daily Market Report September 12, 2017QNBFS Daily Market Report September 12, 2017
QNBFS Daily Market Report September 12, 2017
 
3 June Daily market report
3 June Daily market report 3 June Daily market report
3 June Daily market report
 
QNBFS Daily Market Report April 12, 2017
QNBFS Daily Market Report April 12, 2017QNBFS Daily Market Report April 12, 2017
QNBFS Daily Market Report April 12, 2017
 
QNBFS Daily Market Report May 4, 2017
QNBFS Daily Market Report May 4, 2017QNBFS Daily Market Report May 4, 2017
QNBFS Daily Market Report May 4, 2017
 
6 July Daily market report
6 July Daily market report 6 July Daily market report
6 July Daily market report
 
QNBFS Daily Market Report September 21, 2021
QNBFS Daily Market Report September 21, 2021QNBFS Daily Market Report September 21, 2021
QNBFS Daily Market Report September 21, 2021
 
Daily Market Report April 12, 2016
Daily Market Report April 12, 2016Daily Market Report April 12, 2016
Daily Market Report April 12, 2016
 
30 September Daily Market Report
30 September Daily Market Report30 September Daily Market Report
30 September Daily Market Report
 

Viewers also liked

التضخم في قطر يُتوقع أن يبلغ أدنى مستوياته في 2015
التضخم في قطر يُتوقع أن يبلغ أدنى مستوياته في 2015التضخم في قطر يُتوقع أن يبلغ أدنى مستوياته في 2015
التضخم في قطر يُتوقع أن يبلغ أدنى مستوياته في 2015QNB Group
 
26 August Daily market report
26 August Daily market report 26 August Daily market report
26 August Daily market report QNB Group
 
27 August Daily market report
27 August Daily market report 27 August Daily market report
27 August Daily market report QNB Group
 
Uptick in Qatar’s inflation is likely to be temporary
 Uptick in Qatar’s inflation is likely to be temporary  Uptick in Qatar’s inflation is likely to be temporary
Uptick in Qatar’s inflation is likely to be temporary QNB Group
 
Superior customer service with robust risk management through reengineered da...
Superior customer service with robust risk management through reengineered da...Superior customer service with robust risk management through reengineered da...
Superior customer service with robust risk management through reengineered da...Mindtree Ltd.
 
Workshop 1 Co-operative Development Overseas - Iain Macdonald - Ways Forward ...
Workshop 1 Co-operative Development Overseas - Iain Macdonald - Ways Forward ...Workshop 1 Co-operative Development Overseas - Iain Macdonald - Ways Forward ...
Workshop 1 Co-operative Development Overseas - Iain Macdonald - Ways Forward ...karenebirch
 
27August Daily market report
27August Daily market report 27August Daily market report
27August Daily market report QNB Group
 
1 September Daily market report
1 September Daily market report1 September Daily market report
1 September Daily market reportQNB Group
 
PlayLyfe – Gamification platform for the enterprise.
PlayLyfe – Gamification platform for the enterprise. PlayLyfe – Gamification platform for the enterprise.
PlayLyfe – Gamification platform for the enterprise. ProductNation/iSPIRT
 
25 August Daily market report
25 August Daily market report 25 August Daily market report
25 August Daily market report QNB Group
 
التحليل الفني اليومي 3 سبتمبر
التحليل الفني اليومي 3 سبتمبرالتحليل الفني اليومي 3 سبتمبر
التحليل الفني اليومي 3 سبتمبرQNB Group
 
2 September Daily technical trader
2 September Daily technical trader2 September Daily technical trader
2 September Daily technical traderQNB Group
 
3 September Daily technical trader
3 September Daily technical trader 3 September Daily technical trader
3 September Daily technical trader QNB Group
 
31 August Daily market report
31 August Daily market report 31 August Daily market report
31 August Daily market report QNB Group
 
2 September Daily market report
2 September Daily market report 2 September Daily market report
2 September Daily market report QNB Group
 
30 August Daily market report
30 August Daily market report 30 August Daily market report
30 August Daily market report QNB Group
 
Weekly market report
Weekly market reportWeekly market report
Weekly market reportQNB Group
 
16 April Daily market report
16 April Daily market report 16 April Daily market report
16 April Daily market report QNB Group
 

Viewers also liked (20)

التضخم في قطر يُتوقع أن يبلغ أدنى مستوياته في 2015
التضخم في قطر يُتوقع أن يبلغ أدنى مستوياته في 2015التضخم في قطر يُتوقع أن يبلغ أدنى مستوياته في 2015
التضخم في قطر يُتوقع أن يبلغ أدنى مستوياته في 2015
 
26 August Daily market report
26 August Daily market report 26 August Daily market report
26 August Daily market report
 
27 August Daily market report
27 August Daily market report 27 August Daily market report
27 August Daily market report
 
Uptick in Qatar’s inflation is likely to be temporary
 Uptick in Qatar’s inflation is likely to be temporary  Uptick in Qatar’s inflation is likely to be temporary
Uptick in Qatar’s inflation is likely to be temporary
 
Superior customer service with robust risk management through reengineered da...
Superior customer service with robust risk management through reengineered da...Superior customer service with robust risk management through reengineered da...
Superior customer service with robust risk management through reengineered da...
 
Workshop 1 Co-operative Development Overseas - Iain Macdonald - Ways Forward ...
Workshop 1 Co-operative Development Overseas - Iain Macdonald - Ways Forward ...Workshop 1 Co-operative Development Overseas - Iain Macdonald - Ways Forward ...
Workshop 1 Co-operative Development Overseas - Iain Macdonald - Ways Forward ...
 
27August Daily market report
27August Daily market report 27August Daily market report
27August Daily market report
 
1 September Daily market report
1 September Daily market report1 September Daily market report
1 September Daily market report
 
PlayLyfe – Gamification platform for the enterprise.
PlayLyfe – Gamification platform for the enterprise. PlayLyfe – Gamification platform for the enterprise.
PlayLyfe – Gamification platform for the enterprise.
 
25 August Daily market report
25 August Daily market report 25 August Daily market report
25 August Daily market report
 
التحليل الفني اليومي 3 سبتمبر
التحليل الفني اليومي 3 سبتمبرالتحليل الفني اليومي 3 سبتمبر
التحليل الفني اليومي 3 سبتمبر
 
2 September Daily technical trader
2 September Daily technical trader2 September Daily technical trader
2 September Daily technical trader
 
3 September Daily technical trader
3 September Daily technical trader 3 September Daily technical trader
3 September Daily technical trader
 
31 August Daily market report
31 August Daily market report 31 August Daily market report
31 August Daily market report
 
2 September Daily market report
2 September Daily market report 2 September Daily market report
2 September Daily market report
 
30 August Daily market report
30 August Daily market report 30 August Daily market report
30 August Daily market report
 
Weekly market report
Weekly market reportWeekly market report
Weekly market report
 
[1] sk & kd smp mtk
[1] sk & kd smp mtk[1] sk & kd smp mtk
[1] sk & kd smp mtk
 
tEAMWORK
tEAMWORKtEAMWORK
tEAMWORK
 
16 April Daily market report
16 April Daily market report 16 April Daily market report
16 April Daily market report
 

Similar to 24 August Daily market report

22 March Daily market report
22 March Daily market report 22 March Daily market report
22 March Daily market report QNB Group
 
28 July Technical Market Report
28 July Technical Market Report28 July Technical Market Report
28 July Technical Market ReportQNB Group
 
9 June Technical Market Report
9 June Technical Market Report9 June Technical Market Report
9 June Technical Market ReportQNB Group
 
Daily market report
Daily market reportDaily market report
Daily market reportQNB Group
 
21 June Daily market report
21 June Daily market report 21 June Daily market report
21 June Daily market report QNB Group
 
26 January Daily market report
26 January Daily market report26 January Daily market report
26 January Daily market reportQNB Group
 
13 September Daily market report
13 September Daily market report 13 September Daily market report
13 September Daily market report QNB Group
 
5 October Daily market report
5 October Daily market report 5 October Daily market report
5 October Daily market report QNB Group
 
QNBFS Daily Market Report September 19, 2017
QNBFS Daily Market Report September 19, 2017QNBFS Daily Market Report September 19, 2017
QNBFS Daily Market Report September 19, 2017QNB Group
 
QNBFS Daily Market Report May 09, 2016
QNBFS Daily Market Report May 09, 2016QNBFS Daily Market Report May 09, 2016
QNBFS Daily Market Report May 09, 2016QNB Group
 
16 September Daily market report
16 September Daily market report 16 September Daily market report
16 September Daily market report QNB Group
 
21 December Daily market report
21 December Daily market report 21 December Daily market report
21 December Daily market report QNB Group
 
18 August Daily market report
18 August Daily market report 18 August Daily market report
18 August Daily market report QNB Group
 
8 July Daily market report
8 July Daily market report8 July Daily market report
8 July Daily market reportQNB Group
 
4 November Daily market report
4 November Daily market report4 November Daily market report
4 November Daily market reportQNB Group
 
17 August Daily market report
17 August Daily market report17 August Daily market report
17 August Daily market reportQNB Group
 
QNBFS Daily Market Report November 23, 2021
QNBFS Daily Market Report November 23, 2021QNBFS Daily Market Report November 23, 2021
QNBFS Daily Market Report November 23, 2021QNB Group
 
18 August Daily Market Report
18 August Daily Market Report18 August Daily Market Report
18 August Daily Market ReportQNB Group
 
7 July Daily market report
7 July Daily market report7 July Daily market report
7 July Daily market reportQNB Group
 
QNBFS Daily Market Report January 02, 2022
QNBFS Daily Market Report January 02, 2022QNBFS Daily Market Report January 02, 2022
QNBFS Daily Market Report January 02, 2022QNB Group
 

Similar to 24 August Daily market report (20)

22 March Daily market report
22 March Daily market report 22 March Daily market report
22 March Daily market report
 
28 July Technical Market Report
28 July Technical Market Report28 July Technical Market Report
28 July Technical Market Report
 
9 June Technical Market Report
9 June Technical Market Report9 June Technical Market Report
9 June Technical Market Report
 
Daily market report
Daily market reportDaily market report
Daily market report
 
21 June Daily market report
21 June Daily market report 21 June Daily market report
21 June Daily market report
 
26 January Daily market report
26 January Daily market report26 January Daily market report
26 January Daily market report
 
13 September Daily market report
13 September Daily market report 13 September Daily market report
13 September Daily market report
 
5 October Daily market report
5 October Daily market report 5 October Daily market report
5 October Daily market report
 
QNBFS Daily Market Report September 19, 2017
QNBFS Daily Market Report September 19, 2017QNBFS Daily Market Report September 19, 2017
QNBFS Daily Market Report September 19, 2017
 
QNBFS Daily Market Report May 09, 2016
QNBFS Daily Market Report May 09, 2016QNBFS Daily Market Report May 09, 2016
QNBFS Daily Market Report May 09, 2016
 
16 September Daily market report
16 September Daily market report 16 September Daily market report
16 September Daily market report
 
21 December Daily market report
21 December Daily market report 21 December Daily market report
21 December Daily market report
 
18 August Daily market report
18 August Daily market report 18 August Daily market report
18 August Daily market report
 
8 July Daily market report
8 July Daily market report8 July Daily market report
8 July Daily market report
 
4 November Daily market report
4 November Daily market report4 November Daily market report
4 November Daily market report
 
17 August Daily market report
17 August Daily market report17 August Daily market report
17 August Daily market report
 
QNBFS Daily Market Report November 23, 2021
QNBFS Daily Market Report November 23, 2021QNBFS Daily Market Report November 23, 2021
QNBFS Daily Market Report November 23, 2021
 
18 August Daily Market Report
18 August Daily Market Report18 August Daily Market Report
18 August Daily Market Report
 
7 July Daily market report
7 July Daily market report7 July Daily market report
7 July Daily market report
 
QNBFS Daily Market Report January 02, 2022
QNBFS Daily Market Report January 02, 2022QNBFS Daily Market Report January 02, 2022
QNBFS Daily Market Report January 02, 2022
 

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

Andheri Call Girls In 9825968104 Mumbai Hot Models
Andheri Call Girls In 9825968104 Mumbai Hot ModelsAndheri Call Girls In 9825968104 Mumbai Hot Models
Andheri Call Girls In 9825968104 Mumbai Hot Modelshematsharma006
 
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
 
How Automation is Driving Efficiency Through the Last Mile of Reporting
How Automation is Driving Efficiency Through the Last Mile of ReportingHow Automation is Driving Efficiency Through the Last Mile of Reporting
How Automation is Driving Efficiency Through the Last Mile of ReportingAggregage
 
Bladex Earnings Call Presentation 1Q2024
Bladex Earnings Call Presentation 1Q2024Bladex Earnings Call Presentation 1Q2024
Bladex Earnings Call Presentation 1Q2024Bladex
 
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
 
03_Emmanuel Ndiaye_Degroof Petercam.pptx
03_Emmanuel Ndiaye_Degroof Petercam.pptx03_Emmanuel Ndiaye_Degroof Petercam.pptx
03_Emmanuel Ndiaye_Degroof Petercam.pptxFinTech Belgium
 
20240417-Calibre-April-2024-Investor-Presentation.pdf
20240417-Calibre-April-2024-Investor-Presentation.pdf20240417-Calibre-April-2024-Investor-Presentation.pdf
20240417-Calibre-April-2024-Investor-Presentation.pdfAdnet Communications
 
00_Main ppt_MeetupDORA&CyberSecurity.pptx
00_Main ppt_MeetupDORA&CyberSecurity.pptx00_Main ppt_MeetupDORA&CyberSecurity.pptx
00_Main ppt_MeetupDORA&CyberSecurity.pptxFinTech Belgium
 
Quarter 4- Module 3 Principles of Marketing
Quarter 4- Module 3 Principles of MarketingQuarter 4- Module 3 Principles of Marketing
Quarter 4- Module 3 Principles of MarketingMaristelaRamos12
 
VIP Call Girls LB Nagar ( Hyderabad ) Phone 8250192130 | ₹5k To 25k With Room...
VIP Call Girls LB Nagar ( Hyderabad ) Phone 8250192130 | ₹5k To 25k With Room...VIP Call Girls LB Nagar ( Hyderabad ) Phone 8250192130 | ₹5k To 25k With Room...
VIP Call Girls LB Nagar ( Hyderabad ) Phone 8250192130 | ₹5k To 25k With Room...Suhani Kapoor
 
Instant Issue Debit Cards - High School Spirit
Instant Issue Debit Cards - High School SpiritInstant Issue Debit Cards - High School Spirit
Instant Issue Debit Cards - High School Spiritegoetzinger
 
Call US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure service
Call US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure serviceCall US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure service
Call US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure servicePooja Nehwal
 
VIP Call Girls Thane Sia 8617697112 Independent Escort Service Thane
VIP Call Girls Thane Sia 8617697112 Independent Escort Service ThaneVIP Call Girls Thane Sia 8617697112 Independent Escort Service Thane
VIP Call Girls Thane Sia 8617697112 Independent Escort Service ThaneCall girls in Ahmedabad High profile
 
Stock Market Brief Deck for 4/24/24 .pdf
Stock Market Brief Deck for 4/24/24 .pdfStock Market Brief Deck for 4/24/24 .pdf
Stock Market Brief Deck for 4/24/24 .pdfMichael Silva
 
Best VIP Call Girls Noida Sector 18 Call Me: 8448380779
Best VIP Call Girls Noida Sector 18 Call Me: 8448380779Best VIP Call Girls Noida Sector 18 Call Me: 8448380779
Best VIP Call Girls Noida Sector 18 Call Me: 8448380779Delhi Call girls
 
fca-bsps-decision-letter-redacted (1).pdf
fca-bsps-decision-letter-redacted (1).pdffca-bsps-decision-letter-redacted (1).pdf
fca-bsps-decision-letter-redacted (1).pdfHenry Tapper
 
Call Girls In Yusuf Sarai Women Seeking Men 9654467111
Call Girls In Yusuf Sarai Women Seeking Men 9654467111Call Girls In Yusuf Sarai Women Seeking Men 9654467111
Call Girls In Yusuf Sarai Women Seeking Men 9654467111Sapana Sha
 
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 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
 
VIP Kolkata Call Girl Serampore 👉 8250192130 Available With Room
VIP Kolkata Call Girl Serampore 👉 8250192130  Available With RoomVIP Kolkata Call Girl Serampore 👉 8250192130  Available With Room
VIP Kolkata Call Girl Serampore 👉 8250192130 Available With Roomdivyansh0kumar0
 

Recently uploaded (20)

Andheri Call Girls In 9825968104 Mumbai Hot Models
Andheri Call Girls In 9825968104 Mumbai Hot ModelsAndheri Call Girls In 9825968104 Mumbai Hot Models
Andheri Call Girls In 9825968104 Mumbai Hot Models
 
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
 
How Automation is Driving Efficiency Through the Last Mile of Reporting
How Automation is Driving Efficiency Through the Last Mile of ReportingHow Automation is Driving Efficiency Through the Last Mile of Reporting
How Automation is Driving Efficiency Through the Last Mile of Reporting
 
Bladex Earnings Call Presentation 1Q2024
Bladex Earnings Call Presentation 1Q2024Bladex Earnings Call Presentation 1Q2024
Bladex Earnings Call Presentation 1Q2024
 
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 ...
 
03_Emmanuel Ndiaye_Degroof Petercam.pptx
03_Emmanuel Ndiaye_Degroof Petercam.pptx03_Emmanuel Ndiaye_Degroof Petercam.pptx
03_Emmanuel Ndiaye_Degroof Petercam.pptx
 
20240417-Calibre-April-2024-Investor-Presentation.pdf
20240417-Calibre-April-2024-Investor-Presentation.pdf20240417-Calibre-April-2024-Investor-Presentation.pdf
20240417-Calibre-April-2024-Investor-Presentation.pdf
 
00_Main ppt_MeetupDORA&CyberSecurity.pptx
00_Main ppt_MeetupDORA&CyberSecurity.pptx00_Main ppt_MeetupDORA&CyberSecurity.pptx
00_Main ppt_MeetupDORA&CyberSecurity.pptx
 
Quarter 4- Module 3 Principles of Marketing
Quarter 4- Module 3 Principles of MarketingQuarter 4- Module 3 Principles of Marketing
Quarter 4- Module 3 Principles of Marketing
 
VIP Call Girls LB Nagar ( Hyderabad ) Phone 8250192130 | ₹5k To 25k With Room...
VIP Call Girls LB Nagar ( Hyderabad ) Phone 8250192130 | ₹5k To 25k With Room...VIP Call Girls LB Nagar ( Hyderabad ) Phone 8250192130 | ₹5k To 25k With Room...
VIP Call Girls LB Nagar ( Hyderabad ) Phone 8250192130 | ₹5k To 25k With Room...
 
Instant Issue Debit Cards - High School Spirit
Instant Issue Debit Cards - High School SpiritInstant Issue Debit Cards - High School Spirit
Instant Issue Debit Cards - High School Spirit
 
Call US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure service
Call US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure serviceCall US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure service
Call US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure service
 
VIP Call Girls Thane Sia 8617697112 Independent Escort Service Thane
VIP Call Girls Thane Sia 8617697112 Independent Escort Service ThaneVIP Call Girls Thane Sia 8617697112 Independent Escort Service Thane
VIP Call Girls Thane Sia 8617697112 Independent Escort Service Thane
 
Stock Market Brief Deck for 4/24/24 .pdf
Stock Market Brief Deck for 4/24/24 .pdfStock Market Brief Deck for 4/24/24 .pdf
Stock Market Brief Deck for 4/24/24 .pdf
 
Best VIP Call Girls Noida Sector 18 Call Me: 8448380779
Best VIP Call Girls Noida Sector 18 Call Me: 8448380779Best VIP Call Girls Noida Sector 18 Call Me: 8448380779
Best VIP Call Girls Noida Sector 18 Call Me: 8448380779
 
fca-bsps-decision-letter-redacted (1).pdf
fca-bsps-decision-letter-redacted (1).pdffca-bsps-decision-letter-redacted (1).pdf
fca-bsps-decision-letter-redacted (1).pdf
 
Call Girls In Yusuf Sarai Women Seeking Men 9654467111
Call Girls In Yusuf Sarai Women Seeking Men 9654467111Call Girls In Yusuf Sarai Women Seeking Men 9654467111
Call Girls In Yusuf Sarai Women Seeking Men 9654467111
 
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 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
 
VIP Kolkata Call Girl Serampore 👉 8250192130 Available With Room
VIP Kolkata Call Girl Serampore 👉 8250192130  Available With RoomVIP Kolkata Call Girl Serampore 👉 8250192130  Available With Room
VIP Kolkata Call Girl Serampore 👉 8250192130 Available With Room
 

24 August Daily market report

  • 1. Page 1 of 5 QSE Intra-Day Movement Qatar Commentary The QSE Index declined 5.2% to close at 10,750.0. Losses were led by the Telecoms and Real Estate indices, falling 7.2% and 6.9%, respectively. Top losers were Gulf International Services and Islamic Holding Group, falling 10.0% each. Among the top gainers, Qatar General Insurance & Reinsurance Co. was the only gainer which gained 1.5%. GCC Commentary Saudi Arabia: The TASI Index fell 6.9% to close at 7,463.3. Losses were led by the Real Estate Development and Insurance indices, falling 9.5% and 9.4%, respectively. MetLife AIG ANB Ins. and Saudi Ind. Dev. were down 10.0% each. Dubai: The DFM Index declined 7.0% to close at 3,451.5. The Financial and Investment Services index fell 9.8%, while the Consumer Staples index declined 9.2%. Amlak Finance and Dubai Investment were down 10.0% each. Abu Dhabi: The ADX benchmark index fell 5.0% to close at 4,286.5. The Energy index declined 9.9%, while the Real Estate index fell 8.5%. Dana Gas declined 10.0%, while Methaq Takaful Insurance Co. was down 9.9%. Kuwait: The KSE Index declined 2.4% to close at 5,909.5. The Consumer Goods index fell 4.1%, while the Telecommunication index declined 3.6%. Hilal Cement Co. fell 11.8%, while National Ranges Co. was down 9.6%. Oman: The MSM Index fell 2.9% to close at 5,910.7. Losses were led by the Financial and Services idices, faliing 3.8% and 2.6%, respectively. Al Batinah Dev. Inv. Holding fell 10.0%, while Al Madina Takaful was down 9.5%. Bahrain: The BHB Index declined 0.4% to close at 1,315.1. The Commercial Bank index fell 0.9%, while the other indices ended flat or in green. Al Salam Bank – Bahrain declined 8.7%, while Khaleeji Commercial Bank was down 4.8%. QSE Top Gainers Close* 1D% Vol. ‘000 YTD% Qatar Gen. Insurance & Reins. Co. 55.80 1.5 3.4 8.8 QSE Top Volume Trades Close* 1D% Vol. ‘000 YTD% Ezdan Holding Group 16.68 (7.6) 1,360.7 11.8 Vodafone Qatar 13.00 (7.2) 1,317.1 (21.0) Mazaya Qatar Real Est Develop. 15.40 (8.4) 726.7 (15.6) Masraf Al Rayan 39.10 (6.0) 691.3 (11.5) Barwa Real Estate Co. 43.00 (5.9) 655.3 2.6 Market Indicators 23 Aug 15 20 Aug 15 %Chg. Value Traded (QR mn) 414.7 375.3 10.5 Exch. Market Cap. (QR mn) 569,398.1 599,764.7 (5.1) Volume (mn) 9.4 7.8 21.5 Number of Transactions 5,915 6,638 (10.9) Companies Traded 40 42 (4.8) Market Breadth 1:37 1:37 – Market Indices Close 1D% WTD% YTD% TTM P/E Total Return 16,709.32 (5.2) (5.2) (8.8) N/A All Share Index 2,875.12 (5.2) (5.2) (8.8) 11.9 Banks 2,875.87 (4.6) (4.6) (10.2) 12.7 Industrials 3,380.93 (5.8) (5.8) (16.3) 11.9 Transportation 2,265.53 (4.7) (4.7) (2.3) 11.7 Real Estate 2,480.14 (6.9) (6.9) 10.5 8.2 Insurance 4,531.79 (0.4) (0.4) 14.5 21.3 Telecoms 896.68 (7.2) (7.2) (39.6) 23.6 Consumer 6,362.67 (6.4) (6.4) (7.9) 24.5 Al Rayan Islamic Index 4,131.60 (6.2) (6.2) 0.7 12.1 GCC Top Gainers## Exchange Close# 1D% Vol. ‘000 YTD% Nat. Real Estate Co. Kuwait 0.09 2.3 5.0 (29.2) Al Ahli Bank of Kuwait Kuwait 0.34 1.5 131.0 (17.1) Qatar Gen. Ins. & Reins Qatar 55.80 1.5 3.4 8.8 Aluminium Bahrain Bahrain 0.48 0.4 89.0 (6.0) GCC Top Losers## Exchange Close# 1D% Vol. ‘000 YTD% Dana Gas Abu Dhabi 0.45 (10.0) 32,796.5 (10.0) Dubai Investments Dubai 2.25 (10.0) 30,225.3 0.2 Gulf Int. Services Qatar 56.70 (10.0) 593.3 (41.6) Deyaar Development Dubai 0.66 (10.0) 18,880.9 (22.5) National Shipping Co. Saudi Arabia 32.90 (10.0) 5,499.3 (3.2) Source: Bloomberg (# in Local Currency) (## GCC Top gainers/losers derived from the Bloomberg GCC 200 Index comprising of the top 200 regional equities based on market capitalization and liquidity) QSE Top Losers Close* 1D% Vol. ‘000 YTD% Gulf International Services 56.70 (10.0) 593.3 (41.6) Islamic Holding Group 100.80 (10.0) 76.0 (19.0) Widam Food Co. 54.00 (10.0) 30.2 (10.6) Al Khaleej Takaful Group 33.80 (8.9) 156.2 (23.5) Mazaya Qatar Real Estate Dev. 15.40 (8.4) 726.7 (15.6) QSE Top Value Trades Close* 1D% Val. ‘000 YTD% Qatar Islamic Bank 104.00 (4.8) 39,268.0 1.8 QNB Group 165.20 (3.9) 37,426.9 (22.4) Gulf International Services 56.70 (10.0) 34,693.4 (41.6) Industries Qatar 125.00 (3.8) 28,820.8 (25.6) Barwa Real Estate Co. 43.00 (5.9) 28,557.0 2.6 Source: Bloomberg (* in QR) Regional Indices Close 1D% WTD% MTD% YTD% Exch. Val. Traded ($ mn) Exchange Mkt. Cap. ($ mn) P/E** P/B** Dividend Yield Qatar* 10,750.00 (5.2) (5.2) (8.8) (12.5) 113.90 156,299.8 11.0 1.6 4.7 Dubai 3,451.48 (7.0) (7.0) (16.7) (8.5) 212.41 91,098.3 11.1 1.0 7.5 Abu Dhabi 4,286.49 (5.0) (5.0) (11.3) (5.4) 92.45 122,983.3 11.4 1.3 5.3 Saudi Arabia 7,463.32 (6.9) (6.9) (18.0) (10.4) 1,763.75 444,592.6 15.7 1.7 3.6 Kuwait 5,909.49 (2.4) (2.4) (5.5) (9.6) 68.99 91,489.9 14.2 1.0 4.4 Oman 5,910.74 (2.9) (2.9) (9.9) (6.8) 17.37 23,758.4 9.2 1.4 4.3 Bahrain 1,315.06 (0.4) (0.4) (1.2) (7.8) 0.32 20,568.5 8.3 0.8 5.2 Source: Bloomberg, Qatar Stock Exchange, Tadawul, Muscat Securities Exchange, Dubai Financial Market and Zawya (** TTM; * Value traded ($ mn) do not include special trades, if any) 10,600 10,800 11,000 11,200 11,400 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 QSE Index declined 5.2% to close at 10,750.0. The Telecoms and Real Estate indices led the losses. The index fell on the back of selling pressure from GCC and non-Qatari shareholders despite buying support from Qatari shareholders.  Gulf International Services and Islamic Holding Group were the top losers, falling 10.0% each. Among the top gainers, Qatar General Insurance & Reinsurance Co. was the only gainer which gained 1.5%.  Volume of shares traded on Sunday rose by 21.5% to 9.4mn from 7.8mn on Thursday. Further, as compared to the 30-day moving average of 4.0mn, volume for the day was 133.8% higher. Ezdan Holding Group and Vodafone Qatar were the most active stocks, contributing 14.4% and 14.0% to the total volume, respectively. Source: Qatar Stock Exchange (* as a % of traded value) News Qatar  QNBFS: Qatari banks post flat loan growth in July – According to a recent report by QNB Financial Services (QNBFS), loan growth, which is vital to banks’ income growth, was flat for Qatari banks in July 2015, but showed a 6.8% YTD increase. Banks’ credit disbursal suffered in July as dispensation to the public sector dipped by 2.6% MoM and fell by 6.9% YTD. QNBFS said the private sector loan growth continued its positive trajectory growing by 2.1% MoM (up 14.0% YTD). The real estate followed by the contractors segments positively contributed toward the loan growth. Loans to the real estate segment (contributing around 28% to private sector loans) expanded by 13.9% MoM (a growth of 19.1% YTD) while contractors (contributing 9% to private sector loans) climbed up by 3.1% MoM (up 19.0% YTD). On the other hand, personal loans declined. QNBFS said that deposit growth of the banks suffered in July as it fell by 3.1% MoM but grew by 3.8% YTD. Moreover, public sector deposits contracted by 10.8% MoM (down 10.8% YTD) in July versus an uptick of 1.1% MoM in June. The LDR jumped to 112% in July as against 108% at the end of June. (Peninsula Qatar)  Qatar to host World Federation of Exchanges meeting in October – The World Federation of Exchanges will hold its general assembly and annual meeting at the Kempinski Marsa Malaz hotel in Doha, Qatar during October 19-21, 2015. Chairmen and CEOs from exchanges around the world will be attending and speaking at the event, which includes heads of major international exchange groups, the leading exchanges of the BRIC economies and leaders of WFE-affiliated organizations such as clearing houses and the post-trade sector. Representatives of global regulatory agencies, supervisory authorities, sovereign wealth funds and major buy- side firms will also be present and taking an active part. (QSE)  Work on Qatar World Cup stadium to begin in September 2015 – Doha News has reported that the Supreme Committee for Delivery & Legacy (SCDL) said that the construction of Qatar’s Al Khor Al Bayt 2022 FIFA World Cup stadium will begin in September 2015. Enabling works ongoing since 2014, including building temporary onsite offices, internal roads and leveling out the site, have now been completed. Earlier, in July 2015, it was announced that Italian construction firm Salini Impregilo Group, in joint venture with Galfar and Cimolai, won $849mn contract to build the 2022 FIFA World Cup stadium. (Bloomberg)  Ministry plans 55 new parks – The Ministry of Municipality & Urban Planning is planning to set up 55 new parks across Qatar. Local Arabic daily Al Raya reported that Public Parks Department Director Mohammed Ali Al Khoury said a plan to establish 55 parks is being studied to meet public needs. He said two new parks will be opened in Umm Salal and Al Wakrah in a few months. He added development of parks will continue after 15 public parks were opened in 2014. (Peninsula Qatar)  Msheireb awards car parking management system contract – Msheireb Properties, a subsidiary of Qatar Foundation, has awarded Qatar-based Traffic Tech (Gulf) the contract to set up a “car parking management system” for the Msheireb Downtown Doha (MDD) project. The deal is seen as an “important operational milestone,” comprising the integration and future management of one of the most complex car park systems in the world. In all, it will cover 10,000 parking spaces and over 200 gated entry and exits. Traffic Tech will design, fabricate, deliver, install and maintain the car park management system and combine it with a state-of-the-art “revenue control system.” Traffic Tech will also adopt full control over the valet management, taxi dispatch, parking guidance systems, and the parking facility management software. (Gulf-Times.com)  Qatar to have its own teleport in two years – Es’hailSat, the Qatar Satellite Company, has signed a contract with Promer Qatar Contracting Company to design and build the Es’hailSat Teleport. The new teleport facility will provide satellite control & communications support (TT&C) and capacity management, together with a wide range of services such as uplink, downlink, contribution, multiplexing, encoding, playout and broadcasting tailored for business partners. Es’hailSat said a dedicated 50,000 square meters site north of Doha has been chosen as the location for the new, state-of-the-art teleport facility. The high-tech teleport will also provide back-up studios for TV channels and serve as a disaster-recovery facility for broadcasters. The site will be connected with the key media broadcasters in Qatar by means of a redundant, dedicated fiber optic link. The new teleport design is expected to be ready by 1Q2016 and the project will be completed by 1Q2017. (Gulf-Times.com)  Firms warned on healthcare at labor camps – The Ministry of Labor & Social Affairs is getting tough with companies and may force them to comply with the provisions of the labor law on making medical facilities available to workers living in camps. The labor law specifies that based on the number of workers (over 500), companies must have a doctor on its payroll. Firms with 100 to 500 workers must employ a full-time qualified nurse to take care of medical emergencies in their lodgings. As per the law, companies with workers from five to 25 must have first aid material and basic medicines at their lodgings. (Peninsula Qatar) Overall Activity Buy %* Sell %* Net (QR) Qatari 64.66% 56.65% 33,204,115.11 GCC 6.65% 11.04% (18,235,344.10) Non-Qatari 28.69% 32.31% (14,968,771.01)
  • 3. Page 3 of 5 International  Britain wants to work with Iran on trade, investment – Britain on Sunday said that it wanted to work with Iran’s central bank to make it easier for the UK-based banks to finance trade and investment in the country after a thaw in diplomatic relations. Britain’s Foreign Secretary Philip Hammond told Central Bank of Iran Governor Valiollah Seif that it would be very helpful and positive if the two nations could begin a dialogue on how to create conditions, which would allow the British banks and financial institutions to engage in the financing of trade and investment in Iran. He added there is a huge appetite both on the part of British commercial and industrial businesses to engage with the opportunity of Iran opening up and there is huge appetite on the part of British financial institutions to support that activity but, of course, it has to be done in a proper way. (Reuters)  Economy Minister: Spain to keep growing at around 1% in 3Q2015 – According to Spanish Economy Minister Luis de Guindos, the Spanish economy will grow during the July-September period at a similar pace to previous quarters, boosted by a busy tourism season and consumer spending. Spain has recovered from a deep recession and the economy is growing at one of the fastest rates in the Eurozone, expanding by 0.9% QoQ in the first three months of 2015, and by 1% in 2Q2015. He predicted Spain’s tax collection would also keep growing, helping the turnaround. Spain’s center- right government is banking on the economic turnaround to win back voters ahead of the general election due by 2015-end. Spain still has the second-highest unemployment rate in Europe after Greece, at 22.4%. But jobs have started to return and household spending has recovered after family budgets fell sharply in recent years. Final GDP data for 2Q2015 is due on August 27. (Reuters)  China allows pension funds to access stock market – China allowed pension funds managed by local governments to invest in the stock market for the first time, potentially channeling hundreds of billions of yuan into the country’s struggling equity market. The State Council, or cabinet, published the finalized rules on Sunday after shares slumped nearly 12% last week, the worst weekly performance since June. According to rules published on the cabinet’s website, pension funds will be able to invest up to 30% of their net assets in the country’s stocks, equity funds and balanced funds. Previously, the pension funds could only invest in bank deposits and treasuries. They can also invest in convertible bonds, money-market instruments, asset-backed securities, index futures and bond futures in China, as well as the country’s major infrastructure projects. Local governments can mandate institutions authorized by the central government to manage the pension funds. (Reuters) Regional  NCB selling SR2bn Sukuk – According to sources, National Commercial Bank (NCB) is selling a SR2bn Sukuk as part of its plans to raise capital. The offer, which enhances the bank’s Tier 1 or core capital and is compliant with Basel III banking regulations, is the third such transaction by NCB since June 2015, and is part of a plan to raise as much as SR7bn of capital before 2015-end. The issue is structured with a perpetual tenor but with a clause in the documentation, which allows the bank to redeem the Islamic bond after a certain date. The transaction will be reportedly privately placed with one or more government-owned investment funds. NCB Capital is acting as sole arranger for the transaction. (Reuters)  Saudi Aramco considers new industrial city project in East – According to sources, Saudi Arabian Oil Company (Saudi Aramco) is considering whether to build a new industrial city in the south of the al-Ahsa district in Saudi Arabia’s Eastern Province, as authorities seek to expand the Kingdom’s industrial base. Sources added international engineering companies have already bid for engineering work. The new city would be built around energy- related industries, such as support services for power generation and transmission. Renewable energy such as solar may be included. (Bloomberg)  Emirates expects 6% GCC traffic rise on DSS demand – Emirates Airline expects a 6% growth in traffic from the Gulf countries this summer as the airline continues to benefit from the positive impact of Dubai Summer Surprises (DSS), in attracting visitors from across the region and further afield. The carrier is one of the longest serving strategic partners of the Dubai Festivals and Retail Establishment (DFRE), and remains a long standing supporter of DSS, as well as other major festivals and events such as the Dubai Shopping Festival. To cater to the summer demand, the airline has been offering more flights from popular GCC destinations such as Saudi Arabia, Qatar, Kuwait and Oman to ensure there is more capacity to help boost visitor numbers for Dubai Summer Surprises. (Bloomberg)  National Bonds to offer Islamic Takaful insurance – Dubai-based National Bonds Corporation is planning to offer Islamic Takaful insurance in six week’s time. The company wants to cash in on the under-penetrated insurance market and aims to sell this most essential product to its 800,000 strong clients spread among 200 nationalities in the UAE. Customers will be able to pick and choose from six insurance benefits that they want to avail, including situations such as death, permanent and terminal disability, terminal illness, hospital cash benefits, second medical opinion, critical illness and involuntary job loss cover. (GulfBase.com)  ADNH appoints COO – Abu Dhabi National Hotels (ADNH) has appointed Mr. Rutger Smits as its Chief Operating Officer (COO) effective from August 23, 2015. (ADX)  KNPC: Kuwait's Shuaiba oil refinery resumes operations – Kuwait National Petroleum Company (KNPC) CEO Mohammad Al-Mutairi said the Shuaiba oil refinery in Kuwait resumed operations on August 22 after fire broke out at its heavy oil cracking unit on August 17. The Shuaiba refinery restarted at a capacity of 120,000 barrels per day and all the units are operating expect those affected. (Bloomberg)  Oman plans 300-vessel mechanized fishing fleet – Oman’s Ministry of Agriculture & Fisheries (MoAF) is planning to establish a fleet of 300 mechanized fishing vessels (MFVs) to fuel the long-term growth of its increasingly vital fisheries sector. The move is a key part of a new developmental master-plan to place a modern fishery industry underpinned by up-to-date fishery harbor infrastructure. According to officials, the strategy envisages investment in the construction of new fishery harbors, modernization of existing harbors, and establishment of new fish landing centers, auction areas and idle-berthing facilities at key locations all along the Sultanate's lengthy coastline. (GulfBase.com)  Oman’s electricity sector gearing up to meet growing future needs – Oman’s electricity sector is expected to witness certain new developments that will help meet the growing demand for energy, currently rising by 10% per annum and is expected to grow by 11% in 2020. Oman Power & Water Procurement Company (OPWP) had announced early in 2015 that it intends to introduce new arrangements in the future for energy and water through independent producers. These arrangements include introduction of energy market in 2017 when the existing long-term contracts, signed in the past with power plants, expire. The new system will be operational and will run in parallel to the existing system of long-term power procurement agreements. The new arrangements also include a more flexible approach in concluding power purchase pacts on the part of OPWP and will be aimed at
  • 4. Page 4 of 5 enhancing competition among the existing and new plants. (GulfBase.com)  NCSI: Oman’s natural gas output grows 5.2% during January-July 2015 – According to statistics released by the National Centre for Statistics & Information (NCSI), Oman’s natural gas production and imports rose 5.2% to 22,666mn cubic meters (MNCM) during January-July 2015 as compared to 21,554 MNCM during the same period in 2014. Of this, non-associated gas showed a growth of 6.5% to 18,671MNCM, while associated gas production declined 0.6% to 3,995MNCM. (Bloomberg)  MoF approves PSC’s ‘Voluntary End of Service Payment’ scheme – Oman’s Ministry of Finance (MoF) has approved the ‘Voluntary End of Service Payment’ scheme for all the Omani staff of Port Services Corporation (PSC), wherein a comprehensive compensation of one month basic salary will be paid for every year of past service of the Omani employee. The MoF also agreed to share the total cost of the scheme equally with PSC (i.e. 50% each). Accordingly, PSC is taking all actions towards implementation of the scheme. It is worth mentioning that the maximum share of the total cost to PSC will be OMR2.08mn in case all Omani employees opt to take the scheme. The actual cost of the scheme, which will be accounted by PSC during the year ended December 31, 2015, will be disclosed after concluding implementation of the scheme. (MSM)
  • 5. Contacts Saugata Sarkar Sahbi Kasraoui QNB Financial Services SPC Head of Research Head of HNI Contact Center: (+974) 4476 6666 Tel: (+974) 4476 6534 Tel: (+974) 4476 6544 PO Box 24025 saugata.sarkar@qnbfs.com.qa sahbi.alkasraoui@qnbfs.com.qa Doha, Qatar Disclaimer and Copyright Notice: This publication has been prepared by QNB Financial Services SPC (“QNBFS”) a wholly-owned subsidiary of QNB SAQ (“QNB”). QNBFS is regulated by the Qatar Financial Markets Authority and the Qatar Exchange QNB SAQ 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. QNBFS accepts no liability whatsoever for any direct or indirect losses arising from use of this report. Any investment decision should depend on the individual circumstances of the investor and be based on specifically engaged investment 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. 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. For reports dealing with Technical Analysis, expressed opinions and/or recommendations may be different or contrary to the opinions/recommendations of QNBFS Fundamental Research as a result of depending solely on the historical technical data (price and volume). 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. This report may not be reproduced in whole or in part without permission from QNBFS 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 (*$ adjusted returns) 80.0 100.0 120.0 140.0 160.0 180.0 Aug-11 Aug-12 Aug-13 Aug-14 Aug-15 QSE Index S&P Pan Arab S&P GCC (6.9%) (5.2%) (2.4%) (0.4%) (2.9%) (5.0%) (7.0%) (9.0%) (6.0%) (3.0%) 0.0% SaudiArabia Qatar Kuwait Bahrain Oman AbuDhabi Dubai Asset/Currency Performance Close ($) 1D% WTD% YTD% Global Indices Performance Close 1D%* WTD%* YTD%* Gold/Ounce 1,160.95 0.8 4.1 (2.0) MSCI World Index 1,650.96 (2.7) (5.3) (3.4) Silver/Ounce 15.32 (1.6) 0.4 (2.5) DJ Industrial 16,459.75 (3.1) (5.8) (7.6) Crude Oil (Brent)/Barrel (FM Future) 45.46 (2.5) (7.3) (20.7) S&P 500 1,970.89 (3.2) (5.8) (4.3) Crude Oil (WTI)/Barrel (FM Future) 40.45 (1.7) (4.8) (24.1) NASDAQ 100 4,706.04 (3.5) (6.8) (0.6) Natural Gas (Henry Hub)/MMBtu 2.70 (0.5) (4.6) (9.9) STOXX 600 361.28 (1.8) (4.6) (1.0) LPG Propane (Arab Gulf)/Ton 37.00 (3.3) (1.7) (24.5) DAX 10,124.52 (1.5) (6.0) (3.5) LPG Butane (Arab Gulf)/Ton 48.88 (2.5) (2.5) (25.4) FTSE 100 6,187.65 (2.6) (5.2) (5.0) Euro 1.14 1.3 2.5 (5.9) CAC 40 4,630.99 (1.7) (4.7) 1.8 Yen 122.04 (1.1) (1.8) 1.9 Nikkei 19,435.83 (1.7) (3.4) 9.2 GBP 1.57 0.0 0.3 0.8 MSCI EM 812.38 (2.2) (6.0) (15.1) CHF 1.06 1.3 3.2 5.1 SHANGHAI SE Composite 3,507.74 (4.2) (11.5) 5.4 AUD 0.73 (0.3) (0.9) (10.5) HANG SENG 22,409.62 (1.5) (6.5) (5.0) USD Index 95.01 (1.0) (1.6) 5.2 BSE SENSEX 27,366.07 (2.0) (4.2) (5.0) RUB 69.18 1.7 6.5 13.9 Bovespa 45,719.64 (3.0) (4.4) (30.8) BRL 0.29 (1.1) (0.5) (24.3) RTS 762.38 (4.2) (8.7) (3.6) 128.6 105.8 102.1