The document summarizes the daily movement of stock markets in Qatar and other GCC countries. It notes that the QSE Index in Qatar declined 1.7% led by losses in the Insurance and Telecom indices. Top losers were Qatar Insurance Co. and Qatar German Co for Medical Devices. Saudi Arabia's TASI index fell 5.9% with losses in the Insurance and Real Estate sectors. Other GCC markets also declined except for a small loss in Abu Dhabi. Company news from Qatar includes an upcoming property auction, expansion plans by retailer MERS, and a delivery of buses to Qatar.

1. Page 1 of 5
QSE Intra-Day Movement
Qatar Commentary
The QSE Index declined 1.7% to close at 10,572.5. Losses were led by the Insurance and
Telecoms indices, falling 5.1% and 2.9%, respectively. Top losers were Qatar Insurance
Co. and Qatar German Co for Medical Devices, falling 6.9% and 6.4%, respectively. Among
the top gainers, Gulf Warehousing Co. gained 3.9%, while Islamic Holding Group was up
2.7%.
GCC Commentary
Saudi Arabia: The TASI Index fell 5.9% to close at 7,024.6. Losses were led by the
Insurance and Real Estate Dev. indices, falling 8.0% and 7.8%, respectively. United
Electronics and The Company for Cooperative Insurance were down 10.0% each.
Dubai: The DFM Index declined 1.4% to close at 3,401.6. The Services index fell 3.3%,
while the Insurance index declined 2.5%. AMAN and GFH Financial Group were down
10.0% each.
Abu Dhabi: The ADX benchmark index fell 0.5% to close at 4264.8. The Energy index
declined 3.4%, while the Industrial index fell 2.3%. Abu Dhabi Ship Building and Union
Cement Co. were down 10.0% each.
Kuwait: The KSE Index declined 1.6% to close at 5,815.6. The Oil & Gas index fell 3.0%,
while the Financial Services index declined 2.4%. Human Soft Holding Co. fell 13.2%,
while Oula Fuel Marketing Co. was down 8.5%.
Oman: The MSM Index fell 3.0% to close at 5,736.0. Losses were led by the Financial
and Industrial indices, falling 2.8% and 2.6%, respectively. Sohar Power and National
Aluminium Products were down 10.0% each.
Bahrain: The BHB Index declined 0.8% to close at 1,304.5. The Industrial index fell
2.0%, while the Commercial Banks index declined 1.1%. Ithmaar Bank fell 7.4%, while
Al Salam Bank – Bahrain was down 6.1%.
QSE Top Gainers Close* 1D% Vol. ‘000 YTD%
Gulf Warehousing Co. 66.00 3.9 59.9 17.0
Islamic Holding Group 103.50 2.7 119.5 (16.9)
Al Meera Consumer Goods Co. 247.00 2.5 52.6 23.5
Aamal Co. 12.98 0.6 332.8 (10.3)
Ezdan Holding Group 16.76 0.5 1,910.8 12.3
QSE Top Volume Trades Close* 1D% Vol. ‘000 YTD%
Vodafone Qatar 13.01 0.1 2,421.3 (20.9)
Ezdan Holding Group 16.76 0.5 1,910.8 12.3
Masraf Al Rayan 39.25 0.4 1,062.7 (11.2)
Barwa Real Estate Co. 42.10 (2.1) 914.9 0.5
Commercial Bank 54.90 (2.5) 826.3 (11.8)
Market Indicators 24 Aug 15 23 Aug 15 %Chg.
Value Traded (QR mn) 499.7 414.7 20.5
Exch. Market Cap. (QR mn) 558,709.7 569,398.1 (1.9)
Volume (mn) 13.0 9.4 37.9
Number of Transactions 8,327 5,915 40.8
Companies Traded 41 40 2.5
Market Breadth 9:31 1:37 –
Market Indices Close 1D% WTD% YTD% TTM P/E
Total Return 16,433.44 (1.7) (6.8) (10.3) N/A
All Share Index 2,828.31 (1.6) (6.7) (10.2) 11.7
Banks 2,839.76 (1.3) (5.8) (11.4) 12.5
Industrials 3,300.00 (2.4) (8.0) (18.3) 11.6
Transportation 2,261.06 (0.2) (4.9) (2.5) 11.6
Real Estate 2,469.58 (0.4) (7.3) 10.0 8.2
Insurance 4,302.91 (5.1) (5.4) 8.7 20.3
Telecoms 870.95 (2.9) (9.8) (41.4) 22.9
Consumer 6,254.22 (1.7) (8.0) (9.5) 24.1
Al Rayan Islamic Index 4,104.08 (0.7) (6.8) 0.1 12.0
GCC Top Gainers## Exchange Close# 1D% Vol. ‘000 YTD%
Ajman Bank Dubai 1.80 9.1 652.1 (32.5)
Kingdom Holding Co. Saudi Arabia 19.16 5.6 332.4 5.9
Dubai Financial Market Dubai 1.55 4.0 18,714.3 (22.9)
Gulf Warehousing Co. Qatar 66.00 3.9 59.9 17.0
Aldar Properties Abu Dhabi 2.13 3.4 41,717.5 (19.6)
GCC Top Losers## Exchange Close# 1D% Vol. ‘000 YTD%
United Electronics Co. Saudi Arabia 48.60 (10.0) 923.2 (27.5)
Co For Cooperative Ins. Saudi Arabia 75.50 (10.0) 936.3 51.2
Dar Al Arkan Saudi Arabia 6.25 (9.9) 84,253.6 (23.1)
Tihama Adv. & Public Saudi Arabia 75.00 (9.9) 153.3 (17.1)
Jabal Omar Dev. Co. Saudi Arabia 50.50 (9.8) 3,137.1 (3.8)
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%
Qatar Insurance Co. 86.60 (6.9) 114.1 9.9
Qatar German Co for Medical Dev. 13.10 (6.4) 58.3 29.1
Dlala Brokerage & Inv Holding Co. 18.81 (5.0) 23.1 (43.8)
Zad Holding Co. 90.00 (4.9) 4.0 7.1
Ooredoo 62.30 (4.2) 519.2 (49.7)
QSE Top Value Trades Close* 1D% Val. ‘000 YTD%
Commercial Bank 54.90 (2.5) 45,524.3 (11.8)
Masraf Al Rayan 39.25 0.4 41,262.7 (11.2)
Barwa Real Estate Co. 42.10 (2.1) 38,272.2 0.5
QNB Group 162.00 (1.9) 36,643.6 (23.9)
Gulf International Services 56.10 (1.1) 36,080.3 (42.2)
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* 10,572.50 (1.7) (6.8) (10.3) (13.9) 137.22 153,421.7 10.8 1.6 4.8
Dubai 3,401.62 (1.4) (8.3) (17.9) (9.9) 276.76 89,764.4 10.9 1.0 7.7
Abu Dhabi 4,264.80 (0.5) (5.5) (11.8) (5.8) 90.38 116,623.5 11.4 1.3 5.3
Saudi Arabia 7,024.60 (5.9) (12.3) (22.8) (15.7) 2,089.82 420,585.0 14.8 1.6 3.8
Kuwait 5,815.60 (1.6) (3.9) (7.0) (11.0) 77.89 90,911.5 13.9 1.0 4.4
Oman 5,736.02 (3.0) (5.8) (12.5) (9.6) 20.58 23,244.1 8.9 1.3 4.4
Bahrain 1,304.51 (0.8) (1.2) (2.0) (8.6) 1.14 20,403.8 8.3 0.8 5.3
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)
10,200
10,400
10,600
10,800
11,000
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 1.7% to close at 10,572.5. The Insurance and
Telecoms indices led the losses. The index fell on the back of selling
pressure from GCC shareholders despite buying support from Qatari and
non-Qatari shareholders.
 Qatar Insurance Co. and Qatar German Co for Medical Devices were the top
losers, falling 6.9% and 6.4%, respectively. Among the top gainers, Gulf
Warehousing Co. gained 3.9%, while Islamic Holding Group was up 2.7%.
 Volume of shares traded on Monday rose by 37.9% to 13.0mn from 9.4mn
on Sunday. Further, as compared to the 30-day moving average of 4.2mn,
volume for the day was 209.5% higher. Vodafone Qatar and Ezdan Holding
Group were the most active stocks, contributing 18.6% and 14.7% to the
total volume, respectively.
Source: Qatar Stock Exchange (* as a % of traded value)
Ratings, Earnings and Global Economic Data
Ratings Updates
Company Agency Market Type* Old Rating New Rating Rating Change Outlook Outlook Change
Bank Muscat Fitch Oman
LT FC IDR/ST FC
IDR/VR/SR
A-/F2/bbb/2 BBB+/F2/bbb/1  Stable –
National Bank of
Oman
Fitch Oman
LT FC IDR/ST FC
IDR/VR/SR
BBB+/F2/bbb-/2 BBB/F2/bbb-/2  Stable –
Bank Dhofar Fitch Oman
LT FC IDR/ST FC
IDR/VR/SR
BBB+/F2/bb+/2 BBB/F2/bb+/2  Stable –
Bank Sohar Fitch Oman
LT FC IDR/ST FC
IDR/VR/SR
BBB+/F2/bb+/2 BBB/F2/bb+/2  Stable –
Ahli Bank Fitch Oman
LT LC & FC IDR/ST
LC & FC IDR/VR/SR
BBB+/F2/bbb-/2 BBB/F2/bbb-/2  Stable –
HSBC Bank Oman Fitch Oman
LT FC IDR/ST FC
IDR/VR/SR
A+/F1/bbb-/1 A+/F1/bbb-/1 – Negative 
Source: News reports (* LT – Long Term, ST – Short Term, FSR- Financial Strength Rating, FCR – Foreign Currency Rating, LCR – Local Currency Rating, IDR – Issuer Default Rating, SR – Support Rating, LC – Local
Currency, FC – Foreign Currency, VR – Viability Rating)
Global Economic Data
Date Market Source Indicator Period Actual Consensus Previous
08/24 US Federal Reserve Bank of Chicag Chicago Fed Nat Activity Index July 0.34 0.2 -0.07
Source: Bloomberg (s.a. = seasonally adjusted; n.s.a. = non-seasonally adjusted; w.d.a. = working day adjusted)
News
Qatar
 UDCD to sell nine townhouses – United Development Company
(UDCD) will sell nine residential units in Qanat Quartier, The
Pearl-Qatar Island, through a sealed envelope bid. Auction prices
for each townhouse will be set according to the highest bid,
provided it meets the terms and conditions set for the auction,
including the minimum opening price of QR25,000 per square
meter. The bid announcement will be published in local official
Arabic and English newspapers on August 25, 2015. (QSE,
Peninsula Qatar)
 MERS continues to expand its presence across Qatar – Al Meera
Consumer Goods Company (MERS) is expanding its presence in
Qatar to serve diverse communities, and cover needs of citizens
and residents at competitive prices while considering all the
segments of society. MERS Deputy CEO Dr. Mohammed Nasser Al
Qahtani said that MERS has always considered reaching highly
populated areas, especially zones that lack retail malls. He said the
expansion comes in line with the Qatar National Vision 2030 and is
not limited to establishment of new stores. In addition to its
expansion plan, MERS has worked in parallel on the renewal of the
old branches. These measures have boosted the number of
branches from 23 about four years ago to 32 by 2014-end.
Moreover, MERS has started construction work on several new
branches in 2015. The company will have 56 outlets across Qatar
once its expansion plan is completed. Al-Qahtani added that MERS
is also importing high-quality food at competitive prices from
Turkey, Thailand, and Vietnam. (QSE, Gulf-Times.com)
 Mannai delivers first batch of new commercial Eicher buses –
Mannai Trading Company has delivered its first batch of new
commercial Eicher buses to operating companies in Qatar. Mannai
said there is a growing demand for modern air-conditioned staff
transportation and recently concluded two major deals for Eicher
buses with local infrastructure services companies. Mannai Heavy
Equipment Group’s (HEG) fastest moving Eicher buses come in 66
and 32-seat configurations. (QSE)
 Qatar likely to achieve 70% vegetable self-sufficiency by 2030 –
Zulal Oasis Director Hamad Hadi Al Hajri has said that Qatar is
expected to achieve around 50-70% self-sufficiency in vegetable
production by 2030, by which time 10,000 acres of land will be
brought under cultivation. He added that Zulal Oasis has been
successful in producing a record 44 kilograms of tomatoes in a
space of 1 square meter, and is now in talks on sharing its
technology with investors in Saudi Arabia and Oman. Zulal Oasis is
a joint venture between Hassad Food and Spanish firm Primaflor
Agricola. According to the United Nations’ Food & Agriculture
Organization, only about 1% of Qatar land is prepared and ready
Overall Activity Buy %* Sell %* Net (QR)
Qatari 53.90% 53.03% 4,338,414.32
GCC 5.50% 9.99% (22,448,697.39)
Non-Qatari 40.61% 36.99% 18,110,283.07

3. Page 3 of 5
for growing crops while 9% of the population works in agriculture.
Data from the US Department of Agriculture shows imports make
up 89% of domestic demand for chicken and 100% of Qatar’s rice
needs. (Peninsula Qatar, Bloomberg)
 ORDS: Nojoom, Booking.Com partnership receives good response –
Ooredoo (ORDS) has said that thousands of Nojoom members
have earned Nojoom Points as they enjoyed their holiday
experiences this summer, with new earning partner Booking.com
through the Nojoom/Booking.com co-branded website. With over
650,000 listed accommodations, Booking.com has proven to be a
popular option for members, who frequently travel throughout the
year. To ensure all of its members are rewarded wherever they
travel, Nojoom will continue to expand the range of local and
international partners. (Peninsula Qatar)
International
 San Francisco Fed: US 1H2015 inflation probably lower than
reported – According to an analysis published by the San Francisco
Federal Reserve Bank, the US inflation in 1H2015 was probably
“markedly lower” than reported, but policymakers are unlikely to
set interest rates incorrectly as a result. The researchers found
that the core PCE inflation, the Fed’s preferred gauge, was
probably overstated by 0.3 and 0.2 percentage points in the first
two quarters of 2015, respectively. The analysis could cast doubt
on whether Fed policymakers can be confident that inflation is
headed back to their 2% goal, the hurdle they have set for raising
interest rates in September 2015. Economists, led by San Francisco
Fed Chief Researcher Glenn Rudebusch, found that because the
policymakers take into account both of their goals of full
employment and stable prices when setting policy, the
overstatement of inflation in the reported data is unlikely to spur
them into raising rates too soon. (Reuters)
 US asks China to make economy transparent, currency market
driven – White House Press Secretary Josh Earnest has urged
China, which is facing one of the worst financial crises in decades,
to continue to pursue financial reforms to increase the exchange
rate flexibility and move rapidly toward a more “market-
determined” exchange rate system. Earnest said one of the cases
that the US has made to the Chinese government is that a more
“transparent economy” is one that will benefit not just China but
also the global economy. During its meetings with Chinese officials,
the US has consistently reinforced the message that it would like to
see China take additional steps to move more rapidly toward a
market-determined exchange rate system. Stocks from London to
Paris to New York all bled, as global shares went into a tailspin on
Monday, with the European and the US stocks tumbling on
concerns over Chinese economy. (Economic Times)
 Russia may stop cutting rate as oil nears $40 – Russian President
Vladimir Putin’s top economic aide, Andrey Belousov, has said that
the central bank may pause its interest-rate cuts after five
decreases in 2015 if oil prices fall to $40 a barrel. Belousov, a
former Economy Minister, who replaced Nabiullina as Putin’s aide,
added if the situation on the foreign-exchange market changes as a
result of a significant drop in oil prices – to $40 a barrel, with
fluctuations between $40 and $45 – then the central bank will
probably halt the process of cutting the rate. The central bank, led
by Governor Elvira Nabiullina, has lowered its benchmark by a
cumulative six percentage points to 11% in 2015 after an
emergency increase in December 2014. The slump in oil, which
has traded in a bear market since last month, is straining Russia’s
budget, threatening to reignite inflation and further destabilize the
ruble. Crude, along with gas, accounts for about half of the
country’s budget revenue. (Bloomberg)
Regional
 Al Masah Capital: MENA region poised to become global logistics
hub – Al Masah Capital Limited, in its report “Transportation &
Logistics in MENA” has revealed that the MENA region is all set to
become a global logistic hub in the next few years, driven by the
emergence of the MENA-Asia trade corridor that will redefine
global supply chains. As per the report, the transportation and
logistics industry in the MENA region had generated
approximately $66bn in revenues in 2013 (2.7% of GDP), of which
the GCC region accounted for $40bn (2.5% of GDP). The report has
also revealed that despite the robust growth prospects, MENA’s
transportation and logistics industry faces various challenges. The
transportation and logistics industry currently is highly
fragmented, which leads to inconsistent market regulations, poor
service quality, and unskilled manpower among many other
issues. The MENA region is strategically located between the West
and the East, serving as an ideal transshipment hub for
international trade and commerce. (GulfBase.com)
 MMG appoints CEO – Mohammad Al Mojil Group’s (MMG) BoD has
approved the appointment of Eng. Hafiz Shafei as the Chief
Executive Officer (CEO), effective from August 23, 2015. The
appointment comes in the course of the restructuring scheme
adopted by MMG and in a bid to sustain technical and operational
capabilities and further support the group's current and future
operations. Mr. Hafiz Shafei will be replacing Mr. William Milligan,
who resigned due to personal reasons. (Tadawul)
 SPA: KSA food imports through Jeddah port up 1.2% during
January-July 2015 – According to data revealed by the Saudi Ports
Authority (SPA), Saudi Arabia’s imports of foodstuffs through its
main port picked up by 1.2% to reach around 7mn tons during
January-July 2015. During July alone, the Kingdom’s imports of
foodstuffs through the Jeddah Islamic Port rose by 8.5% or 83,500
tons to almost 1mn tons against 973,700 tons in July 2014. In July
2015, the port had handled 626,900 tons of construction materials,
down by 100,600 tons or 16% from 727,500 tons in July 2014.
(GulfBase.com)
 Bahra Cable factory restarts operations – Bahra Advanced Cable
Manufacture Company (Bahra Cable Company) Limited has
announced that the operations have resumed after fire broke out
at one of its production floors on August 17. The company assured
that the fire incident will not affect the production facilities and it
will immediately work on the rehabilitation of the affected area in
order to deliver customer orders without delay. (GulfBase.com)
 CITC extends bid deadline for 'piggyback' mobile license – The
Communications and Information Technology Commission (CITC)
has again extended the deadline for bids to run a ‘piggyback’
telecom service on the network of Zain Saudi. The deadline was
originally June 2014, then August 13, 2015, and has now been
extended to December 10, 2015. Seeking to increase competition,
the CITC instructed the Kingdom's three mobile operators to each
host a mobile virtual network operator (MVNO), which lease
capacity from a host operator, usually paying a percentage of
revenue as well as fees. (Reuters)
 UAE Exchange names new CEO, makes changes to board – The UAE
Exchange has named a new Chief Executive and changes to its
board on August 24, 2015. Deputy Chief Executive Officer (CEO)
Promoth Manghat has been promoted to CEO, while Bavaguthu
Raghuram Shetty, who founded the UAE Exchange, has been
appointed Chairman of the board. Nabeel Abdul Rahman, CEO and
Vice Chairman of KBBO Group, was named Vice-Chairman. These
changes would help drive accelerated global growth. (Reuters)
 DSI appoint CFO, CCO – Drake & Scull International (DSI) has
appointed Sam Deeb as its group’s Chief Financial Officer (CFO)
and Graeme White as the group’s Chief Commercial Officer (CCO)

4. Page 4 of 5
with immediate effect. Sam Deeb and Graeme White will report
directly to DSI’s CEO and Vice Chairman, Khaldoun Tabari. (DFM)
 IFA to submit mandatory acquisition offer for FTIC – International
Financial Advisor (IFA) is about to take measures required to
make a mandatory acquisition offer for First Takaful Insurance
Company (FTIC). IFA had announced on July 22, 2015 completing
its share in FTIC’s capital increase by offering in-kind asset,
leading to IFA’s equity ownership growing to 91% in FTIC. (DFM)
 Omniyat to launch Langham Place Downtown Dubai – Dubai-based
developer Omniyat is planning to launch the Langham Place
Downtown Dubai in the Burj Khalifa District. Covering a built up
area of 680,838 square feet, the AED1bn project will include a five-
star luxury hotel featuring 167 rooms, as well as serviced
apartments. It will add 438 units to Dubai’s hospitality sector
when it is completed in 2018. Langham Place Downtown will be
located in the heart of Downtown Dubai, facing the Dubai Canal,
which is expected to be completed in mid-2016. (Bloomberg)
 Mubadala Petroleum close to agreeing Rosneft deal on Siberia
oilfield developments – Mubadala Petroleum is in talks with
Russia's Rosneft to jointly develop two east Siberian projects, Tass
Yuriakh and Verkhnechonskoye. Rosneft has been in talks in
recent years on selling stakes in some of its largest assets,
including the Vankor field in east Siberia. In June 2015, Rosneft
had agreed to sell a 20% stake in Tass Yuriakh to its shareholder
BP. According to Russia’s Ministry of Energy, the combined
production at both assets stood at around 9mn tons in 2014 as
compared to 205mn tons (4.1mn barrels per day) for Rosneft in
total. Rosneft became the world's top listed oil firm by output after
buying its peer TNK-BP for $55bn in 2013. (Reuters)
 UFC rejects AOFS’ takeover offer – United Finance Company (UFC)
has rejected a takeover offer from Al Omaniya Financial Services
(AOFS) and will not pursue talks any further. UFC board discussed
and decided that AOFS had not made an acceptable financially
binding offer. (MSM, TimesofOman)
 Asry eyes more business in KSA – Asry CEO Nils Kristian Berge said
that the yard is targeting more business in Saudi Arabia, which
contributed around 40% of its total sales in 2014. He said that the
number of rigs in Saudi Arabia continues to increase as are the
number of LPG, chemical tankers and container carriers in the
region due to the development of Jubail Industrial City and
expansion of Dammam port. Asry is a Bahrain-based ship and rig
repair yard. (GulfBase.com)
 Alba Line 5 completes a decade of operations – Aluminium Bahrain
(Alba) has recently marked the 10th year of operations of its
Reduction Line 5. Line 5 set the world record for the fastest and
safest start-up of an aluminum reduction line of 77 days without a
single loss time injury (LTI). To date, Line 5 produces over
345,000mn tons per annum (mtpa) of liquid metal as compared to
its original capacity of 320,000 mtpa with the commencement of
its operations in 2005. (Bahrain Bourse)
 KIB completes $320mn syndicated Murabaha financing facility –
Kuwait International Bank (KIB) has successfully closed a $320mn
debut syndicated Murabaha financing facility. The facility was
initially launched for $100mn, and following strong interest from
the market KIB decided to utilize the significant oversubscription
to increase the facility size to $320mn. Bank ABC and Bank ABC
Islamic acted as the initial mandated lead arrangers and
coordinating banks for the transaction. The facility carries a tenor
of 3 years and will be used by KIB for general funding purposes.
(Bahrain Bourse)
 PAEW: Strong potential for rooftop PV in Oman – According to a
study commissioned by the Public Authority for Electricity and
Water (PAEW), photovoltaic (PV) systems installed atop
residential buildings across the Oman can offer an estimated 1.4
gigawatts (GW) of solar-based renewable energy capacity. Rooftop
PV capacity in Muscat Governorate alone is estimated at 450
megawatts (MW), equivalent to a mid-sized gas based
conventional power plant. (GulfBase.com)

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
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included in this report. This report may not be reproduced in whole or in part without permission from QNBFS
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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
(5.9%)
(1.7%) (1.6%)
(0.8%)
(3.0%)
(0.5%)
(1.4%)
(8.0%)
(6.0%)
(4.0%)
(2.0%)
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 1,155.10 (0.5) (0.5) (2.5) MSCI World Index 1,589.50 (3.7) (3.7) (7.0)
Silver/Ounce 14.77 (3.6) (3.6) (6.0) DJ Industrial 15,871.35 (3.6) (3.6) (11.0)
Crude Oil (Brent)/Barrel (FM
Future)
42.69 (6.1) (6.1) (25.5) S&P 500 1,893.21 (3.9) (3.9) (8.0)
Crude Oil (WTI)/Barrel (FM
Future)
38.24 (5.5) (5.5) (28.2) NASDAQ 100 4,526.25 (3.8) (3.8) (4.4)
Natural Gas (Henry
Hub)/MMBtu
2.64 (2.3) (2.3) (12.0) STOXX 600 342.01 (3.9) (3.9) (4.9)
LPG Propane (Arab Gulf)/Ton 35.38 (3.7) (3.7) (27.8) DAX 9,648.43 (3.3) (3.3) (6.7)
LPG Butane (Arab Gulf)/Ton 46.88 (3.8) (3.8) (25.3) FTSE 100 5,898.87 (4.5) (4.5) (9.2)
Euro 1.16 2.0 2.0 (4.0) CAC 40 4,383.46 (4.0) (4.0) (2.3)
Yen 118.41 (3.0) (3.0) (1.1) Nikkei 18,540.68 (2.5) (2.5) 6.5
GBP 1.58 0.5 0.5 1.3 MSCI EM 771.77 (5.0) (5.0) (19.3)
CHF 1.08 1.8 1.8 6.9 SHANGHAI SE Composite 3,209.91 (8.7) (8.7) (3.8)
AUD 0.72 (2.2) (2.2) (12.5) HANG SENG 21,251.57 (5.2) (5.2) (10.0)
USD Index 93.33 (1.8) (1.8) 3.4 BSE SENSEX 25,741.56 (7.0) (7.0) (11.6)
RUB 70.89 2.5 2.5 16.7 Bovespa 44,336.47 (4.2) (4.2) (33.7)
BRL 0.28 (1.5) (1.5) (25.4) RTS 724.73 (4.9) (4.9) (8.3)
126.4
101.6
98.4