The QE index rose 0.4% led by gains in the Banking & Financial Services and Telecoms indices. Islamic Holding Group and QNB Group were the top gainers, while Qatar Industrial Manufacturing Co. fell 2.1%. Regional indices were also up, with Abu Dhabi rising 1.0% and Dubai gaining 0.4%. Qatar lifted its 2013 GDP growth forecast to 5.3% from 4.8% previously, citing higher expected oil and gas output.
The QE index in Qatar declined marginally to close at 9,367.5, led by losses in the Telecom and Real Estate indices. Top losers were Qatar Industrial Manufacturing Co. and Qatar German Co. for Med. Dev., falling 1.1% each, while top gainers included Qatar Cinema & Film Dist. Co., rising 5.3%. Regional indices were mixed with Saudi Arabia down 0.5% but Kuwait up 0.7%; other news included Qatar Central Bank issuing QR4 billion in T-bills and Ooredoo announcing bond interest payments.
The QE index in Qatar rose 0.9% led by gains in the telecom and industrial indices. Al Ahli Bank and Vodafone Qatar were the top gainers rising 4.6% and 1.9% respectively. Trading volume on the QE index increased significantly by 133.2% compared to the previous day. In other regional markets, indices in Dubai and Abu Dhabi rose while Saudi Arabia's index declined slightly. Qatari news articles discussed Qatar's strong economic growth forecast, reports of Qatar's sovereign wealth fund exploring an acquisition of a German energy company, and planned maintenance at Qatar's LNG facilities.
The QSE Index declined 0.6% led by declines in the Real Estate and Banks & Financial Services indices. Ezdan Holding Group and Doha Insurance Co. were the top losers. Regional indices were also mostly lower with Saudi Arabia down 1.6% and Abu Dhabi down 0.8%. Trading volumes on the QSE rose 86.4% however remained below the 30-day average. Non-Qatari shareholders were net sellers while Qatari and GCC shareholders were net buyers.
The QSE Index in Qatar declined 1.9% led by losses in the Insurance and Telecom indices. Qatar Cinema & Film Distribution Co. and Al Khalij Commercial Bank were the top losers falling 7.9% and 6.8% respectively. Regional markets were also down with Saudi Arabia falling 1.8% and Abu Dhabi declining 2.1%.
The QSE Index in Qatar declined 1.5% led by losses in the real estate and banks indices. Top losers were Aamal Co. and Ezdan Holding Group. Regional indices were mixed with Saudi Arabia and Abu Dhabi down while Kuwait was up. News from Qatar included a decline in industrial sector producer prices, high business confidence, an end to car dealer monopolies, and Nebras Power signing an MoU for a Senegal energy project.
The QE index in Qatar declined marginally to close at 9,367.5, led by losses in the Telecom and Real Estate indices. Top losers were Qatar Industrial Manufacturing Co. and Qatar German Co. for Med. Dev., falling 1.1% each, while top gainers included Qatar Cinema & Film Dist. Co., rising 5.3%. Regional indices were mixed with Saudi Arabia down 0.5% but Kuwait up 0.7%; other news included Qatar Central Bank issuing QR4 billion in T-bills and Ooredoo announcing bond interest payments.
The QE index in Qatar rose 0.9% led by gains in the telecom and industrial indices. Al Ahli Bank and Vodafone Qatar were the top gainers rising 4.6% and 1.9% respectively. Trading volume on the QE index increased significantly by 133.2% compared to the previous day. In other regional markets, indices in Dubai and Abu Dhabi rose while Saudi Arabia's index declined slightly. Qatari news articles discussed Qatar's strong economic growth forecast, reports of Qatar's sovereign wealth fund exploring an acquisition of a German energy company, and planned maintenance at Qatar's LNG facilities.
The QSE Index declined 0.6% led by declines in the Real Estate and Banks & Financial Services indices. Ezdan Holding Group and Doha Insurance Co. were the top losers. Regional indices were also mostly lower with Saudi Arabia down 1.6% and Abu Dhabi down 0.8%. Trading volumes on the QSE rose 86.4% however remained below the 30-day average. Non-Qatari shareholders were net sellers while Qatari and GCC shareholders were net buyers.
The QSE Index in Qatar declined 1.9% led by losses in the Insurance and Telecom indices. Qatar Cinema & Film Distribution Co. and Al Khalij Commercial Bank were the top losers falling 7.9% and 6.8% respectively. Regional markets were also down with Saudi Arabia falling 1.8% and Abu Dhabi declining 2.1%.
The QSE Index in Qatar declined 1.5% led by losses in the real estate and banks indices. Top losers were Aamal Co. and Ezdan Holding Group. Regional indices were mixed with Saudi Arabia and Abu Dhabi down while Kuwait was up. News from Qatar included a decline in industrial sector producer prices, high business confidence, an end to car dealer monopolies, and Nebras Power signing an MoU for a Senegal energy project.
The document provides an intra-day market summary and commentary for Qatar and other GCC exchanges. It summarizes that the QE index in Qatar rose 1.3% led by gains in the real estate and industrial indices. Top gainers included Doha Insurance Co. and Gulf International Services. It also provides company earnings results and global economic data updates.
The QE index in Qatar rose 0.2% led by gains in the insurance and transportation indices. Regionally, indices in Dubai and Abu Dhabi rose while Saudi Arabia's index fell. Trading volume on the Qatar exchange fell 9.4% from the previous day but was 97.4% higher than the 30-day average, with Mazaya Qatar Real Estate Dev. and United Development Co. being the most active stocks.
The QE index rose 0.8% led by gains in the Insurance and Industrials indices. Trading activity increased compared to the past 30 days. Qatar Insurance Co. and QNB Group were the top gainers while Widam Food Co. and Mazaya Qatar Real Estate Dev. declined the most. Regional markets were mostly higher led by insurance stocks, while earnings reports were mixed with some companies beating estimates and others missing targets.
QNBFS Daily Market Report November 10, 2019QNB Group
The QE Index in Qatar declined slightly by 0.1% led by losses in the industrial and telecom sectors. Industries Qatar and Qatar General Insurance were the top losers. Trading volume fell compared to the previous day and 30-day average.
The indexes in other GCC markets were mixed with Saudi Arabia and Kuwait gaining around 0.3-0.6% while Abu Dhabi fell 0.2%. Earnings reports were released from companies in Saudi Arabia and Dubai with some reporting year-over-year profit growth and others reporting losses. Global economic data showed initial US jobless claims fell slightly and German industrial production declined.
The QSE Index declined 1.2% led by losses in the Telecom and Real Estate indices. Ooredoo and Gulf Warehousing Co. were the top losers. Regional markets were mixed with Saudi Arabia and Oman rising while Abu Dhabi, Kuwait, and Bahrain fell. Volume on the QSE fell 48.8% compared to the previous day. Ashghal launched a major infrastructure project in Al Sailiya costing over QR573m.
The QE Index declined 0.1% to close at 13,711.9. Losses were led by the Industrials and Telecoms indices, falling 0.7% each. Top losers were Qatar Insurance Company and Investment Holding Group, falling 4.0% and 2.5%, respectively.
The QSE Index declined marginally to close at 10,245.9 led by losses in the Industrials and Telecoms indices. Qatar Industrial Manufacturing Co. and Aamal Co. were the top losers falling 3.3% and 1.9% respectively, while Gulf Warehousing Co. rose 5.2% to be a top gainer. Trading volume fell 42.5% compared to the previous day. Regional indices in Saudi Arabia, Dubai, Abu Dhabi, Kuwait, Oman and Bahrain rose, while Qatari shareholders sold shares despite buying from non-Qatari and GCC investors.
The QE index in Qatar rose 0.7% led by gains in the transportation and consumer goods indices. Qatar Gas Transport Co. and Islamic Holding Group were the top gainers rising 8.4% and 4.9% respectively. Volume traded on the QE index declined 40.5% from the previous day but was 45.1% higher than the 30-day moving average. A report showed that QNB Group had the fastest growing global bank among GCC banks based on asset growth.
QNBFS Daily Market Report October 20, 2021QNB Group
The QE Index rose 0.2% to close at 11,767.5. Gains were led by the Consumer Goods & Services and Banks & Financial Services indices, gaining 0.4% each.
The QE index declined 0.7% as the Real Estate and Industrials indices fell. Vodafone Qatar and Medicare Group were the top losers while Salam International Investment Co. and Widam Food Co. gained the most. Trading volume declined 27.6% but was 48% higher than the 30-day average, with Vodafone Qatar and Salam International Investment Co. being the most active stocks. Regional indices were mixed with Qatar, Saudi Arabia, Kuwait and Oman down while Dubai and Abu Dhabi rose.
The QSE Index in Qatar gained 0.3% driven by gains in the Industrials and Consumer Goods & Services indices. Zad Holding and Mazaya Qatar Real Estate were the top gainers rising 5% and 3.1% respectively, while Ahli Bank fell 4.3%. Regional indices were mixed with Saudi Arabia up 1% and Oman down 0.1%. Earnings news was reported from various companies such as Emaar Malls and Nakheel. Global economic data included a 1.9% rise in US personal consumption but a -0.1% fall in GDP price index.
The QE Index rose 0.2% to close at 13,463.0. Gains were led by the Industrials and Consumer Goods & Services indices, gaining 1.7% and 0.6%, respectively.
The QSE Index in Qatar rose marginally to close at 12,644.9, led by gains in the Industrials and Telecoms indices. Widam Food Co. and Al Khaleej Takaful Group were the top gainers, rising 3.3% and 3.2% respectively, while Zad Holding Co. fell 2.0%. Regional markets in Saudi Arabia, Dubai, Abu Dhabi, Kuwait, Oman and Bahrain all declined on the day.
The QSE Index in Qatar gained 0.4% led by gains in the insurance and real estate indices. Top gainers were Qatar General Insurance and Widam Food Co. Top losers were Qatar Cinema and Qatar German Co for Medical Devices. Regionally, most Gulf markets declined with Dubai down 2.7% and Saudi Arabia down 0.2%. Globally, US retail sales rose more than expected while Eurozone industrial production increased 0.8% year-over-year in April.
QNBFS Daily Market Report October 21, 2018QNB Group
The QSE Index in Qatar rose 0.3% driven by gains in the Consumer Goods & Services and Banks & Financial Services indices. Ahli Bank and Qatar Oman Investment Company were the top gainers rising 5.1% and 4.0% respectively. Qatar Industrial Manufacturing Company fell 3.9% and was among the top losers. Overall trading volume on the QSE fell by 41.9% compared to the previous day.
The QE index in Qatar rose 0.3% led by gains in the real estate and telecom indices. Qatar German Co. for Med. Dev. and Barwa Real Estate Co. were the top gainers while Al Meera Consumer Goods Co. declined the most. Regional indices were mixed with Kuwait up 1.2% and Saudi Arabia down 0.4%. Internationally, the US Fed maintained its bond buying stimulus program and cut growth forecasts, while the EU and IMF warned of ongoing risks in Cyprus' economic recovery.
The QE index in Qatar rose 0.9% led by gains in the banking and transportation sectors. QNB Group and Qatar German Co. for Med. Dev. were the top gainers, rising 3.0% and 1.4% respectively, while Qatar Cinema & Film Dist. Co. fell 3.3%. Trading volume rose 12.1% compared to the previous day. Regional indices were mixed with Dubai falling 2.3% and Saudi Arabia declining 0.2%, while Oman gained 0.1%.
El documento resume los resultados de una encuesta realizada entre el 4 y 9 de septiembre de 2013 a 85 personas sobre sus hábitos de compra en supermercados. La mayoría de los encuestados prefieren realizar sus compras en Santa Isabel (46%) o Lider (22%) y estarían interesados en comparar precios de productos sin moverse (98%). Los productos de mayor interés son carnes (15%), cerveza (14%) y frutas (13%). Las funcionalidades más deseadas en una aplicación de compras son comparar precios (32%) y conocer la disponibilidad
The document provides an intra-day market summary and commentary for Qatar and other GCC exchanges. It summarizes that the QE index in Qatar rose 1.3% led by gains in the real estate and industrial indices. Top gainers included Doha Insurance Co. and Gulf International Services. It also provides company earnings results and global economic data updates.
The QE index in Qatar rose 0.2% led by gains in the insurance and transportation indices. Regionally, indices in Dubai and Abu Dhabi rose while Saudi Arabia's index fell. Trading volume on the Qatar exchange fell 9.4% from the previous day but was 97.4% higher than the 30-day average, with Mazaya Qatar Real Estate Dev. and United Development Co. being the most active stocks.
The QE index rose 0.8% led by gains in the Insurance and Industrials indices. Trading activity increased compared to the past 30 days. Qatar Insurance Co. and QNB Group were the top gainers while Widam Food Co. and Mazaya Qatar Real Estate Dev. declined the most. Regional markets were mostly higher led by insurance stocks, while earnings reports were mixed with some companies beating estimates and others missing targets.
QNBFS Daily Market Report November 10, 2019QNB Group
The QE Index in Qatar declined slightly by 0.1% led by losses in the industrial and telecom sectors. Industries Qatar and Qatar General Insurance were the top losers. Trading volume fell compared to the previous day and 30-day average.
The indexes in other GCC markets were mixed with Saudi Arabia and Kuwait gaining around 0.3-0.6% while Abu Dhabi fell 0.2%. Earnings reports were released from companies in Saudi Arabia and Dubai with some reporting year-over-year profit growth and others reporting losses. Global economic data showed initial US jobless claims fell slightly and German industrial production declined.
The QSE Index declined 1.2% led by losses in the Telecom and Real Estate indices. Ooredoo and Gulf Warehousing Co. were the top losers. Regional markets were mixed with Saudi Arabia and Oman rising while Abu Dhabi, Kuwait, and Bahrain fell. Volume on the QSE fell 48.8% compared to the previous day. Ashghal launched a major infrastructure project in Al Sailiya costing over QR573m.
The QE Index declined 0.1% to close at 13,711.9. Losses were led by the Industrials and Telecoms indices, falling 0.7% each. Top losers were Qatar Insurance Company and Investment Holding Group, falling 4.0% and 2.5%, respectively.
The QSE Index declined marginally to close at 10,245.9 led by losses in the Industrials and Telecoms indices. Qatar Industrial Manufacturing Co. and Aamal Co. were the top losers falling 3.3% and 1.9% respectively, while Gulf Warehousing Co. rose 5.2% to be a top gainer. Trading volume fell 42.5% compared to the previous day. Regional indices in Saudi Arabia, Dubai, Abu Dhabi, Kuwait, Oman and Bahrain rose, while Qatari shareholders sold shares despite buying from non-Qatari and GCC investors.
The QE index in Qatar rose 0.7% led by gains in the transportation and consumer goods indices. Qatar Gas Transport Co. and Islamic Holding Group were the top gainers rising 8.4% and 4.9% respectively. Volume traded on the QE index declined 40.5% from the previous day but was 45.1% higher than the 30-day moving average. A report showed that QNB Group had the fastest growing global bank among GCC banks based on asset growth.
QNBFS Daily Market Report October 20, 2021QNB Group
The QE Index rose 0.2% to close at 11,767.5. Gains were led by the Consumer Goods & Services and Banks & Financial Services indices, gaining 0.4% each.
The QE index declined 0.7% as the Real Estate and Industrials indices fell. Vodafone Qatar and Medicare Group were the top losers while Salam International Investment Co. and Widam Food Co. gained the most. Trading volume declined 27.6% but was 48% higher than the 30-day average, with Vodafone Qatar and Salam International Investment Co. being the most active stocks. Regional indices were mixed with Qatar, Saudi Arabia, Kuwait and Oman down while Dubai and Abu Dhabi rose.
The QSE Index in Qatar gained 0.3% driven by gains in the Industrials and Consumer Goods & Services indices. Zad Holding and Mazaya Qatar Real Estate were the top gainers rising 5% and 3.1% respectively, while Ahli Bank fell 4.3%. Regional indices were mixed with Saudi Arabia up 1% and Oman down 0.1%. Earnings news was reported from various companies such as Emaar Malls and Nakheel. Global economic data included a 1.9% rise in US personal consumption but a -0.1% fall in GDP price index.
The QE Index rose 0.2% to close at 13,463.0. Gains were led by the Industrials and Consumer Goods & Services indices, gaining 1.7% and 0.6%, respectively.
The QSE Index in Qatar rose marginally to close at 12,644.9, led by gains in the Industrials and Telecoms indices. Widam Food Co. and Al Khaleej Takaful Group were the top gainers, rising 3.3% and 3.2% respectively, while Zad Holding Co. fell 2.0%. Regional markets in Saudi Arabia, Dubai, Abu Dhabi, Kuwait, Oman and Bahrain all declined on the day.
The QSE Index in Qatar gained 0.4% led by gains in the insurance and real estate indices. Top gainers were Qatar General Insurance and Widam Food Co. Top losers were Qatar Cinema and Qatar German Co for Medical Devices. Regionally, most Gulf markets declined with Dubai down 2.7% and Saudi Arabia down 0.2%. Globally, US retail sales rose more than expected while Eurozone industrial production increased 0.8% year-over-year in April.
QNBFS Daily Market Report October 21, 2018QNB Group
The QSE Index in Qatar rose 0.3% driven by gains in the Consumer Goods & Services and Banks & Financial Services indices. Ahli Bank and Qatar Oman Investment Company were the top gainers rising 5.1% and 4.0% respectively. Qatar Industrial Manufacturing Company fell 3.9% and was among the top losers. Overall trading volume on the QSE fell by 41.9% compared to the previous day.
The QE index in Qatar rose 0.3% led by gains in the real estate and telecom indices. Qatar German Co. for Med. Dev. and Barwa Real Estate Co. were the top gainers while Al Meera Consumer Goods Co. declined the most. Regional indices were mixed with Kuwait up 1.2% and Saudi Arabia down 0.4%. Internationally, the US Fed maintained its bond buying stimulus program and cut growth forecasts, while the EU and IMF warned of ongoing risks in Cyprus' economic recovery.
The QE index in Qatar rose 0.9% led by gains in the banking and transportation sectors. QNB Group and Qatar German Co. for Med. Dev. were the top gainers, rising 3.0% and 1.4% respectively, while Qatar Cinema & Film Dist. Co. fell 3.3%. Trading volume rose 12.1% compared to the previous day. Regional indices were mixed with Dubai falling 2.3% and Saudi Arabia declining 0.2%, while Oman gained 0.1%.
El documento resume los resultados de una encuesta realizada entre el 4 y 9 de septiembre de 2013 a 85 personas sobre sus hábitos de compra en supermercados. La mayoría de los encuestados prefieren realizar sus compras en Santa Isabel (46%) o Lider (22%) y estarían interesados en comparar precios de productos sin moverse (98%). Los productos de mayor interés son carnes (15%), cerveza (14%) y frutas (13%). Las funcionalidades más deseadas en una aplicación de compras son comparar precios (32%) y conocer la disponibilidad
This document contains a list of clothing items for sale. It provides the item codes, descriptions, colors, sizes and prices for over 100 different clothing products including shirts, blouses, dresses, skirts, pants and sweaters. The prices range from $49 to $249. The document is organized with the item codes, descriptions, colors and sizes/fits listed sequentially without paragraph breaks.
La Segunda Guerra Mundial comenzó en 1939 cuando las tropas de Alemania cruzaron la frontera de Polonia y finalizó en 1945. La película se desarrolla durante la invasión aliada de Normandía en 1944 y presenta a algunos soldados estadounidenses como Tom Hanks y Tom Sizemore. La guerra se libró en varias regiones como Europa, Asia, África y Oceanía y utilizó diversas armas como tanques, aviones de combate y bombarderos. Más de 100 millones de personas murieron durante la Segunda Guerra Mundial
Os anúncios de gadgets do Google permitem que os profissionais de marketing criem "websites dentro de websites" para contar histórias interessantes e transformar anúncios em conversas, sem custos de hospedagem ou servidor. Eles podem rastrear detalhadamente as interações dos usuários para otimizar as campanhas.
This document outlines a training schedule for 18 October 2011, including a Key Caller Training session from 1230-1330 and a Treasurer Training session from 1330-1500. Family Readiness Group (FRG) leaders are required to attend all sessions. It also lists ways that FRG supports the military mission, such as helping families become more self-reliant, advocating for efficient use of community resources, reducing stress, and promoting soldier and family readiness.
Laserscan-Experte Scantec 3D erzeugt bei seiner Arbeit mit 3D-Laserscannern schnell sehr große Datenmengen, die es zu analysieren und zu visualisieren gilt. Der Simulationsexperte ESI Group hat mit seiner Virtual-Reality-Lösung IC.IDO nun die direkte Brücke geschlagen, um auch sehr große Laserscandaten in VR betrachten und mit diesen interagieren zu können.
Der VDC Newsletter ist der monatliche Informationsdienst des Virtual Dimension Centers (VDC) Fellbach mit Neuigkeiten aus dem Netzwerk sowie Nachrichten und Terminen rund um das Thema Virtual Engineering. Tagesaktuelle Nachrichten sind auf http://www.vdc-fellbach.de verfügbar. Der VDC Newsletter wird derzeit von rund 4000 Personen gelesen. Besuchen Sie uns auch auf Facebook unter: http://www.facebook.com/vdc.fellbach
The document describes Jessica Anecito's Spring/Summer 2016 clothing collection lookbook inspired by a fairy tale. It tells the story of two sisters, one who loses her memory, who go into the woods to find a magic fountain that can break any spells. After drinking from the fountain they transform and regain their true identities as princesses from the star kingdom. The collection features various dresses and skirts decorated with custom prints, glitter, and embellishments representing the magical story and sisters' reunion.
This document contains the resume of Shaimaa Said Abdelhamed, an architect based in Alexandria, Egypt. It includes her contact information, education history, certifications, work experience, skills, and references. She has a Bachelor of Architecture degree from Alexandria University and is proficient in AutoCAD, Revit, and other design software. Her work experience includes positions as an architect and interior designer at various firms where she assisted with design coordination and project phases.
The QE index in Qatar rose 0.4% led by gains in the telecom and insurance indices. Qatar General Insurance and Mannai Corp. were the top gainers rising 5.5% and 2.7% respectively, while United Development Co. fell 6.3%. Regional indices were mixed with Saudi Arabia and Dubai rising while Abu Dhabi and Oman fell. Earnings news saw QEWS report a 117% rise in 2Q2013 net profit.
The document provides an overview of stock market performance and news across various Middle Eastern markets including Qatar, Saudi Arabia, Dubai, Abu Dhabi, Kuwait, Oman and Bahrain. The key points are:
- The Qatar stock market index declined 0.2% while indices in Kuwait and Oman rose slightly and indices in other markets fell. Top gainers and losers are listed for each market.
- Earnings releases are reported for various companies with revenue, profit and other financial details.
- Global economic indicators are also provided including manufacturing and services PMI data, home sales, unemployment and other data from regions like the US, Europe, China and Japan.
- The document
The QE index in Qatar rose 0.3% led by gains in the banking and insurance indices. Qatar General Insurance and QNB Group were the top gainers rising 8.2% and 2.9% respectively, while Dlala Brokering declined 7.4%. Regional markets were mixed with Saudi Arabia and Dubai rising while Kuwait and Oman fell. Earnings news saw National General Insurance report a 150.6% rise in net profit for 2Q2013.
QNBFS Daily Market Report December 05, 2021QNB Group
The QE Index rose 0.4% to close at 11,603.0. Gains were led by the Insurance and Banks & Financial Services indices, gaining 1.9% and 1.1%, respectively.
The document provides an overview of stock market activity and company news from Qatar and other GCC countries. Key points:
- The Qatar stock market index rose 0.2% led by gains in the telecom and industrial sectors. Top gainers were Qatar German Co. for Med. Dev. and Islamic Holding Group.
- Regional markets were mixed with Dubai and Abu Dhabi rising while Saudi Arabia, Kuwait, and Oman fell.
- Company earnings news included QNB Group reporting a 15.1% rise in 1H2013 net profit and its plans to commence operations in India in 3Q2013.
- MSCI Qatar Index announced provisional weights for some Qatari companies
The QE index in Qatar declined 0.6% led by losses in the telecom and industrial indices. Top losers were Qatar National Cement and Qatar General Insurance, falling 3.4% and 3.3% respectively. Regional markets were mixed with Saudi Arabia up 0.2% while Dubai fell 1.1% and Abu Dhabi declined 0.9%. Trading activity on the QE fell nearly 49% compared to the previous day.
The QE Index declined 0.5% to close at 13,638.8. Losses were led by the Industrials and Real Estate indices, falling 1.2% each. Top losers were Aamal Company and Barwa Real Estate Company, falling 4.6% and 1.9%, respectively.
The QE index in Qatar rose 0.3% led by gains in the telecom and insurance indices. Dlala Brok. & Inv. Holding Co. and Ooredoo were the top gainers, while Islamic Holding Group and Al Meera Consumer Goods Co. declined. Volume traded was lower than the 30-day average. In other GCC markets, Saudi Arabia and Abu Dhabi rose while Kuwait fell. Global economic data showed higher than expected US consumer credit and small business optimism, while UK industrial production was flat.
The document summarizes daily market activity in Qatar and other GCC countries. On the Qatari market, the QE Index rose 0.4% as the Real Estate and Consumer Goods & Services indices increased. Investment Holding Group and Ezdan Holding Group were the top gainers. Saudi markets declined marginally overall while Dubai and Abu Dhabi gained. Earnings reports are expected soon from several Qatari banks and companies. Global economic data showed initial US jobless claims rose slightly while Chinese CPI and PPI increased more than expected year-over-year.
The QE index in Qatar rose 1.4% led by gains in the telecom and industrial indices. Medicare Group and Dlala Brokerage rose the most, up 6.5% and 5.8% respectively, while Qatar General Insurance fell 5.7%. Regional indices were mixed with Saudi up 0.4% and Oman up 0.3% but Abu Dhabi down 0.4%. Qatar issued a new law raising the foreign ownership limit in listed companies to 49% from 25% to increase foreign investment liquidity in the $192 billion stock market.
The QE Index in Qatar rose 1.3% led by gains in the industrial and banking sectors. Mesaieed Petrochemical and Dukhan Bank were the top gainers rising over 5% and 3% respectively. Trading volume increased over the previous day. Qatar's oil exports hit a 15-month high in July led by increased flows to China and South Korea. Foreign investor buying interest lifted the QSE index over 145 points and added approximately QR8 billion in market capitalization.
The QE index in Qatar rose 0.6% led by gains in the Transportation and Banking & Financial Services indices. QNB Group and Qatar Navigation were the top gainers rising over 2% each, while Qatar Industrial Manufacturing fell 3.7%. Regional indices in Saudi Arabia, Dubai, Abu Dhabi, Kuwait and Oman also rose between 1-2.5%. In company news, QGTS' joint venture received $662 million in refinancing to expand its LNG fleet, and Ashghal awarded a contract to oversee road projects in Qatar.
The QE index in Qatar rose 0.4% led by gains in the Telecom and Consumer Goods indices. Top gainers were Qatar Cinema & Film Distribution and Islamic Holding Group. Top traded stocks by volume were United Development Co. and Qatar Gas Transport Co. Regional indices were also up except for Oman which rose 0.3%. Banking data for Qatar showed deposits up 0.1% MoM while loans were flat in August.
The QE index in Qatar rose 0.5% led by gains in the real estate and banking indices. Al Ahli Bank and United Development Co. were the top gainers rising 3.2% and 2.5% respectively, while Qatar Islamic Insurance fell 2.2%. Regional indices were mixed with Saudi Arabia up 1.1% and Dubai down 0.3%. Vodafone Qatar reported a net loss for the quarter but distributable profit for the full year and will reinvest it, while calling for a ban on illegal voice over internet calls.
The QSE Index in Qatar declined 1.5% led by losses in the Industrials and Insurance indices. Gulf International Services and Dlala Brokerage & Investments Holding Co. were the top losers, falling 10% and 5.1% respectively. In other GCC markets, Saudi Arabia's TASI index rose 0.9% while Dubai's DFM index gained 0.2% and Abu Dhabi's ADX index fell 0.8%. Earnings were reported from Aramex in Dubai with revenue up 4.8% YoY but net profit down 35.6% YoY.
The QE index in Qatar fell 0.1% led by declines in the telecom and industrial indices. Top losers were Dlala Brok. & Inv. Holding Co. and Al Khaleej Takaful Group, falling 10.0% and 6.9% respectively. Meanwhile, the TASI index in Saudi Arabia rose 0.4% with gains in the retail and food sectors. Trading volumes on the Qatar Exchange rose by 1.6% compared to the previous day.
The QE index in Qatar declined 1.5% led by losses in the telecom and transportation indices. Widam Food Co. and Gulf Warehousing Co. were the top losers. Qatar National Cement Co. and Ezdan Holding Group were among the top gainers. Trading volume rose 19.5% but was 43.1% lower than the 30-day average. The Qatari economy grew 6.2% YoY in 1Q2014 led by double-digit growth in construction, trade and finance sectors, while the hydrocarbon sector fell 1.2%.
QNBFS Daily Market Report August 01, 2022QNB Group
The QE Index in Qatar rose 1.9% on gains in the Industrials and Banks & Financial Services indices. Masraf Al Rayan and Estithmar Holding were the top gainers rising 3.9% and 3.8% respectively, while Qatar General Ins. & Reins. Co. fell 2.8%. Trading volume fell 14.9% compared to the previous day but was 7.1% higher than the 30-day moving average. Several Qatar-listed companies announced upcoming earnings releases or investor conferences including Qatar First Bank, Qatar National Cement Co., and Doha Insurance Group.
QNBFS Daily Market Report December 24, 2023QNB Group
The QE Index rose 0.8% to close at 10,285.3. Gains were led by the Transportation and Banks & Financial Services indices, gaining 1.4% and 1.2%, respectively.
QNBFS Daily Technical Trader Qatar - October 10, 2023 التحليل الفني اليومي لب...QNB Group
The document provides a daily technical analysis of the QE Index and QATAR INSURANCE CO stock. For the QE Index, it notes the index remains in a downtrend but is approaching a support level of 9,700, where long positions could be taken. It provides expected resistance and support levels. For QATAR INSURANCE CO stock, it notes the stock has not fallen as much as others and the uptrend remains intact above moving averages, though liquidity is low. It provides expected price targets and resistance/support levels for the stock. Definitions of technical analysis terms like candlesticks, support, and simple moving average are also included.
QNBFS Daily Market Report October 04, 2023QNB Group
The QE Index rose 0.2% to close at 10,273.3. Gains were led by the Transportation and Consumer Goods & Services indices, gaining 1.7% and 0.1%, respectively.
QNBFS Daily Technical Trader Qatar - October 04, 2023 التحليل الفني اليومي لب...QNB Group
The General Index failed to sustain its breakout above the double-bottom formation’s neckline and continued with its decline into the formation’s territory.
QNBFS Daily Technical Trader Qatar - September 28, 2023 التحليل الفني اليومي ...QNB Group
The General Index failed to sustain its breakout above the double-bottom formation’s neckline and continued with its decline into the formation’s territory.
QNBFS Daily Market Report September 24, 2023QNB Group
- The QE Index in Qatar rose 0.3% led by gains in the Transportation and Industrials indices. Qatar Navigation and Al Khaleej Takaful Insurance were the top gainers.
- Regional markets were mixed with Saudi Arabia down 1% but Abu Dhabi up marginally. Economic data from the US and Europe was mixed.
- In Qatar news, QR500mn in bills were sold at a yield of 5.755% and Gulf International Services approved final merger agreements. Ooredoo also signed an MoU to support businesses in Qatar free zones.
QNBFS Daily Technical Trader Qatar - September 24, 2023 التحليل الفني اليومي ...QNB Group
The General Index failed to sustain its breakout above the double-bottom formation’s neckline and continued with its decline into the formation’s territory.
QNBFS Daily Technical Trader Qatar - September 19, 2023 التحليل الفني اليومي ...QNB Group
The General Index failed to sustain its breakout above the double-bottom formation’s neckline and continued with its decline into the formation’s territory.
QNBFS Daily Market Report September 17, 2023QNB Group
The QE Index declined 0.5% to close at 10,319.3. Losses were led by the Industrials and Consumer Goods & Services indices, falling 1.4% and 1.1%, respectively.
QNBFS Daily Technical Trader Qatar - September 07, 2023 التحليل الفني اليومي ...QNB Group
The General Index failed to
sustain its breakout above the
double-bottom formation’s
neckline and continued with
its decline into the
formation’s territory.
South Dakota State University degree offer diploma Transcriptynfqplhm
办理美国SDSU毕业证书制作南达科他州立大学假文凭定制Q微168899991做SDSU留信网教留服认证海牙认证改SDSU成绩单GPA做SDSU假学位证假文凭高仿毕业证GRE代考如何申请南达科他州立大学South Dakota State University degree offer diploma Transcript
Dr. Alyce Su Cover Story - China's Investment Leadermsthrill
In World Expo 2010 Shanghai – the most visited Expo in the World History
https://www.britannica.com/event/Expo-Shanghai-2010
China’s official organizer of the Expo, CCPIT (China Council for the Promotion of International Trade https://en.ccpit.org/) has chosen Dr. Alyce Su as the Cover Person with Cover Story, in the Expo’s official magazine distributed throughout the Expo, showcasing China’s New Generation of Leaders to the World.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
13 Jun 24 ILC Retirement Income Summit - slides.pptxILC- UK
ILC's Retirement Income Summit was hosted by M&G and supported by Canada Life. The event brought together key policymakers, influencers and experts to help identify policy priorities for the next Government and ensure more of us have access to a decent income in retirement.
Contributors included:
Jo Blanden, Professor in Economics, University of Surrey
Clive Bolton, CEO, Life Insurance M&G Plc
Jim Boyd, CEO, Equity Release Council
Molly Broome, Economist, Resolution Foundation
Nida Broughton, Co-Director of Economic Policy, Behavioural Insights Team
Jonathan Cribb, Associate Director and Head of Retirement, Savings, and Ageing, Institute for Fiscal Studies
Joanna Elson CBE, Chief Executive Officer, Independent Age
Tom Evans, Managing Director of Retirement, Canada Life
Steve Groves, Chair, Key Retirement Group
Tish Hanifan, Founder and Joint Chair of the Society of Later life Advisers
Sue Lewis, ILC Trustee
Siobhan Lough, Senior Consultant, Hymans Robertson
Mick McAteer, Co-Director, The Financial Inclusion Centre
Stuart McDonald MBE, Head of Longevity and Democratic Insights, LCP
Anusha Mittal, Managing Director, Individual Life and Pensions, M&G Life
Shelley Morris, Senior Project Manager, Living Pension, Living Wage Foundation
Sarah O'Grady, Journalist
Will Sherlock, Head of External Relations, M&G Plc
Daniela Silcock, Head of Policy Research, Pensions Policy Institute
David Sinclair, Chief Executive, ILC
Jordi Skilbeck, Senior Policy Advisor, Pensions and Lifetime Savings Association
Rt Hon Sir Stephen Timms, former Chair, Work & Pensions Committee
Nigel Waterson, ILC Trustee
Jackie Wells, Strategy and Policy Consultant, ILC Strategic Advisory Board
Confirmation of Payee (CoP) is a vital security measure adopted by financial institutions and payment service providers. Its core purpose is to confirm that the recipient’s name matches the information provided by the sender during a banking transaction, ensuring that funds are transferred to the correct payment account.
Confirmation of Payee was built to tackle the increasing numbers of APP Fraud and in the landscape of UK banking, the spectre of APP fraud looms large. In 2022, over £1.2 billion was stolen by fraudsters through authorised and unauthorised fraud, equivalent to more than £2,300 every minute. This statistic emphasises the urgent need for robust security measures like CoP. While over £1.2 billion was stolen through fraud in 2022, there was an eight per cent reduction compared to 2021 which highlights the positive outcomes obtained from the implementation of Confirmation of Payee. The number of fraud cases across the UK also decreased by four per cent to nearly three million cases during the same period; latest statistics from UK Finance.
In essence, Confirmation of Payee plays a pivotal role in digital banking, guaranteeing the flawless execution of banking transactions. It stands as a guardian against fraud and misallocation, demonstrating the commitment of financial institutions to safeguard their clients’ assets. The next time you engage in a banking transaction, remember the invaluable role of CoP in ensuring the security of your financial interests.
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What Lessons Can New Investors Learn from Newman Leech’s Success?Newman Leech
Newman Leech's success in the real estate industry is based on key lessons and principles, offering practical advice for new investors and serving as a blueprint for building a successful career.
Every business, big or small, deals with outgoing payments. Whether it’s to suppliers for inventory, to employees for salaries, or to vendors for services rendered, keeping track of these expenses is crucial. This is where payment vouchers come in – the unsung heroes of the accounting world.
How to Identify the Best Crypto to Buy Now in 2024.pdfKezex (KZX)
To identify the best crypto to buy in 2024, analyze market trends, assess the project's fundamentals, review the development team and community, monitor adoption rates, and evaluate risk tolerance. Stay updated with news, regulatory changes, and expert opinions to make informed decisions.
Budgeting as a Control Tool in Government Accounting in Nigeria
Being a Paper Presented at the Nigerian Maritime Administration and Safety Agency (NIMASA) Budget Office Staff at Sojourner Hotel, GRA, Ikeja Lagos on Saturday 8th June, 2024.
Importance of community participation in development projects.pdf
27 June Technical Market Report
1. Page 1 of 6
QE Intra-Day Movement
Qatar Commentary
The QE index rose 0.4% to close at 9,298.8. Gains were led by the Banking &
Financial Services and Telecoms indices, gaining 0.8% each. Top gainers were
Islamic Holding Group and QNB Group, rising 2.7% and 1.9% respectively.
Among the top losers, Qatar Industrial Manufacturing Co. fell 2.1%, while Gulf
International Services declined 1.4%.
GCC Commentary
Saudi Arabia: The TASI index was closed on June 29 due to a change in the
weekly working days. From today onwards, TASI's working days will be from
Sunday to Thursday instead of Saturday to Wednesday.
Dubai: The DFM index gained 0.4% to close at 2,222.5. Gains were led by the
Services and Real Estate & Construction indices, rising 1.8% and 1.5%
respectively. Hits Telecom rose 4.6%, while Dubai Islamic Insurance Co. was
up 2.5%.
Abu Dhabi: The ADX benchmark index rose 1.0% to close at 3,540.5. The
Real Estate index gained 3.7%, while the Consumer index was up 1.8%.
Green Crescent Insurance Co. surged 14.5%, while Al Khazna Insurance Co.
was up 11.8%.
Kuwait: The KSE index gained 0.2% to close at 7,912.9. The Technology
index rose 2.0%, while the Basic Material index was up 1.2%. Al-Ahli Bank Of
Kuwait gained 7.2%, while Kuwait Hotels Co. was up 6.2%.
Oman: The MSM index rose 0.2% to close at 6,334.0. The Banking &
Investment index gained 0.8%, while the Services & Insurance index was up
0.1%. Oman International Development & Investment Co. rose 9.0%, while
Oman Fisheries was up 1.9%.
Qatar Exchange Top Gainers Close* 1D% Vol. ‘000 YTD%
Islamic Holding Group 43.10 2.7 72.1 13.4
QNB Group 159.00 1.9 804.0 21.5
Qatar & Oman Investment Co. 13.51 1.1 83.2 9.0
Ooredoo 120.50 1.0 20.5 15.9
Qatar Islamic Insurance 62.20 1.0 65.5 0.3
Qatar Exchange Top Vol. Trades Close* 1D% Vol. ‘000 YTD%
Masraf Al Rayan 27.70 0.0 1,138.2 11.7
QNB Group 159.00 1.9 804.0 21.5
United Development Co. 23.10 0.4 510.3 29.8
Qatar Gas Transport Co. 18.29 0.4 472.6 19.9
Industries Qatar 158.50 (0.4) 289.9 12.4
Market Indicators 27 June 13 26 June 13 %Chg.
Value Traded (QR mn) 334.5 312.6 7.0
Exch. Market Cap. (QR mn) 512,210.4 510,159.3 0.4
Volume (mn) 5.7 7.0 (19.3)
Number of Transactions 3,296 3,735 (11.8)
Companies Traded 38 39 (2.6)
Market Breadth 18:17 25:8 –
Market Indices Close 1D% WTD% YTD% TTM P/E
Total Return 13,285.78 0.4 0.6 17.4 N/A
All Share Index 2,353.81 0.3 0.5 16.8 12.8
Banks 2,246.34 0.8 2.3 15.2 12.1
Industrials 3,099.49 (0.3) (1.6) 18.0 11.5
Transportation 1,668.47 0.6 1.5 24.5 11.8
Real Estate 1,858.26 (0.1) 0.2 15.3 11.9
Insurance 2,245.64 0.1 (1.1) 14.4 14.7
Telecoms 1,270.00 0.8 (0.7) 19.2 14.5
Consumer 5,474.81 (0.2) (0.1) 17.2 22.3
Al Rayan Islamic Index 2,808.33 (0.1) (0.1) 12.9 14.0
GCC Top Gainers##
Exchange Close#
1D% Vol. ‘000 YTD%
Al Ahli Bank of Kuwait Kuwait 0.52 7.2 966.0 (0.6)
Sorouh Real Estate Co. Abu Dhabi 2.72 4.6 22,740.8 117.6
Union National Bank Abu Dhabi 4.64 3.1 4,343.7 60.6
Aldar Properties Abu Dhabi 2.14 2.9 56,292.9 68.5
Abu Dhabi Com. Bank Abu Dhabi 5.00 2.0 641.9 66.1
GCC Top Losers##
Exchange Close#
1D% Vol. ‘000 YTD%
Investbank Abu Dhabi 2.40 (5.5) 7.8 48.1
IFA Hotels & Resorts Kuwait 0.43 (5.5) 10.0 (2.3)
Agility Kuwait 0.63 (4.1) 1,785.7 29.7
Abu Dhabi Nat. Hotels Abu Dhabi 2.10 (4.1) 4.8 18.6
Qatar Ind. Manu. Co. Qatar 51.00 (2.1) 1.6 (4.0)
Source: Bloomberg (
#
in Local Currency) (
##
GCC Top gainers/losers derived from the Bloomberg GCC
200 Index comprising of the top 200 regional equities based on market capitalization and liquidity)
Qatar Exchange Top Losers Close* 1D% Vol. ‘000 YTD%
Qatar Industrial Manufacturing Co. 51.00 (2.1) 1.6 (4.0)
Gulf International Services 41.65 (1.4) 227.0 38.8
Dlala Brok. & Inv. Holding Co. 26.95 (1.3) 47.8 (13.3)
Medicare Group 42.30 (0.9) 198.5 18.5
Qatar International Islamic Bank 53.30 (0.9) 45.9 2.5
Qatar Exchange Top Val. Trades Close* 1D% Val. ‘000 YTD%
QNB Group 159.00 1.9 128,184.7 21.5
Industries Qatar 158.50 (0.4) 46,227.3 12.4
Masraf Al Rayan 27.70 0.0 31,529.0 11.7
United Development Co. 23.10 0.4 11,724.4 29.8
Qatar Insurance Co. 61.00 0.0 11,020.3 13.1
Source: Bloomberg (* in QR)
Regional Indices Close 1D% WTD% MTD% YTD%
Exch. Val. Traded
($ mn)
Exchange Mkt.
Cap. ($ mn)
P/E** P/B**
Dividend
Yield
Qatar* 9,298.75 0.4 0.6 0.7 11.2 91.87 140,653.0 11.8 1.7 5.0
Dubai 2,222.46 0.4 (5.9) (6.1) 37.0 72.51 58,213.8 14.3 0.9 3.8
Abu Dhabi 3,540.47 1.0 (2.5) (0.6) 34.6 71.17 102,165.4 10.8 1.3 5.0
Saudi Arabia#
7,504.38 N/A N/A 1.4 10.3 N/A 399,618.7 16.0 2.0 3.7
Kuwait 7,912.85 0.2 (1.8) (4.7) 33.3 117.12 108,040.2 24.9 1.4 3.4
Oman 6,333.98 0.2 (0.9) (1.3) 9.9 16.40 22,227.0 10.9 1.7 4.4
Bahrain 1,188.78 0.0 (1.1) (0.6) 11.6 0.54 21,158.9 8.7 0.8 4.1
Source: Bloomberg, Qatar Exchange, Tadawul, Muscat Securities Exchange, Dubai Financial Market and Zawya (** TTM; * Value traded ($ mn) do not include special trades, if any) (
#
Closed on June 29, 2013)
9,240
9,260
9,280
9,300
9,320
9,340
9:30 10:00 10:30 11:00 11:30 12:00 12:30 13:00
2. Page 2 of 6
Qatar Market Commentary
The QE index rose 0.4% to close at 9,298.8. The Banking &
Financial Services and Telecoms indices led the gains. The
index rose on the back of buying support from Qatari
shareholders despite selling pressure from non-Qatari
shareholders.
Islamic Holding Group and QNB Group were the top gainers,
rising 2.7% and 1.9% respectively. Among the top losers, Qatar
Industrial Manufacturing Co. fell 2.1%, while Gulf International
Services declined 1.4%.
Volume of shares traded on Thursday declined by 19.3% to
5.7mn from 7.0mn on Wednesday. Further, as compared to the
30-day moving average of 11.6mn, volume for the day was
51.5% lower. Masraf Al Rayan and QNB Group were the most
active stocks, contributing 20.1% and 14.2% to the total volume
respectively.
Source: Qatar 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
Saudi Basic
Industries
Corporation
(SABIC)
Fitch
Saudi
Arabia
LT IDR/ ST IDR/ Senior
unsecured rating/
Senior unsecured rating
on SABIC Capital's
guaranteed bonds
A+/F1/A+/ A+ A+/F1/A+/ A+ – Stable –
Union National
Bank (UNB)
CI
Abu
Dhabi
FSR/ LT FCR/ ST FCR/
SR
A+/A+/A1/1 A+/A+/A1/1 – Stable –
United Gulf Bank
(UGB)
CI Bahrain
LT FCR/ ST FCR/
Support Level/ FSR
BBB/A3/3/BBB
BBB/A3/3/BB
B
– Stable –
Source: News reports (* LT – Long Term, ST – Short Term, FSR- Financial Strength Rating, FCR – Foreign Credit Rating, LCR – Local Currency Rating, ICR – Issuer Credit Rating, SR – Support Rating)
Earnings Releases
Company Market Currency
Revenue
(mn)
% Change
YoY
Operating Profit
(mn)
% Change
YoY
Net Profit (mn)
% Change
YoY
Al Firdous Holdings (AFD)* Dubai AED 13.2 9.5% – – 0.8 (68.9%)
Source: Company data, DFM (*FY2013 Results)
Global Economic Data
Date Market Source Indicator Period Actual Consensus Previous
06/27 US Department of Labor Initial Jobless Claims 22-June 346K 345K 355K
06/27 US Department of Labor Continuing Claims 15-June 2,965K 2,953K 2,966K
06/27 US Bloomberg Bloomberg Consumer Comfort 23-June -28.3 – -29.4
06/27 EU Eurostat Euro-Zone Economic Confidence June 91.3 90.4 89.5
06/27 EU Eurostat Business Climate Indicator June -0.68 -0.65 -0.75
06/27 EU Eurostat Euro-Zone Indust. Confidence June -11.2 -12.3 -13
06/27 EU Eurostat Euro-Zone Consumer Confidence June -18.8 -18.8 -21.9
06/27 EU Eurostat Euro-zone Services Confidence June -9.5 -8.5 -9.2
06/27 France INSEE Consumer Confidence Indicator June 78 81 79
06/28 France INSEE Producer Prices (MoM) May -1.20% -0.30% -1.20%
06/28 France INSEE Producer Prices (YoY) May -0.10% 1.00% 0.20%
06/28 France INSEE Consumer Spending (MoM) May 0.50% -0.10% -0.50%
06/28 France INSEE Consumer Spending (YoY) May 0.60% 0.30% 0.10%
06/27 Germany Destasis Import Price Index (MoM) May -0.40% -0.20% -1.40%
06/27 Germany Destasis Import Price Index (YoY) May -2.90% -2.60% -3.20%
06/27 Germany Bundesbank Unemployment Rate June 6.80% 6.90% 6.80%
06/28 Germany Destasis Retail Sales (MoM) May 0.80% 0.40% -0.10%
06/28 Germany Destasis Retail Sales (YoY) May 0.40% 0.20% 2.70%
06/28 Germany Destasis CPI MoM June 0.10% 0.00% 0.40%
06/28 Germany Destasis Consumer Price Index (YoY) June 1.80% 1.70% 1.50%
06/27 UK ONS GDP (QoQ) 1Q2013 0.30% 0.30% -0.20%
06/27 UK ONS GDP YoY 1Q2013 0.30% 0.60% 0.00%
06/27 UK Lloyds Bank Lloyds Business Barometer June 36 – 39
06/27 Japan Markit Markit/JMMA Manufacturing PMI June 52.3 – 51.5
Source: Bloomberg (s.a. = seasonally adjusted; n.s.a. = non-seasonally adjusted; w.d.a. = working day adjusted)
Overall Activity Buy %* Sell %* Net (QR)
Qatari 58.04% 55.56% 8,255,499.95
Non-Qatari 41.97% 44.43% (8,255,499.95)
3. Page 3 of 6
News
Qatar
Qatar lifts 2013 GDP growth forecast to 5.3% in 2013 –
According to a report released by the General Secretariat for
Development Planning (GSDP), Qatar's real GDP growth in
2013 is forecasted to increase to 5.3% from the earlier 4.8%,
citing changes to its expected output of oil & gas. Further, the
report indicated that 4.5% growth is predicted for 2014. The
report said the country’s pipeline gas production will rise in 2013
and unscheduled shutdowns, which limited the energy output in
2012, are unlikely to be repeated. The report also said that in
2014, upstream oil & gas is expected to reduce as output from
maturing oil fields tapers off and gas production hits installed-
capacity limits. The GSDP said the Qatar government's fiscal
surplus is expected to drop to 4.7% of GDP in 2014 from an
upwardly revised 8.1% in 2013. The GSDP also said that the
overall surplus is expected to narrow down in 2014 in the wake
of the substantial increases in capital spending needed to keep
Qatar's infrastructure projects on track. The inflation is expected
to be at 3.6% in both 2013 and 2014, up from 1.8% in 2012.
Meanwhile, according to a report released by the Ministry of
Development Planning & Statistics (MDPS), Qatar’s GDP at
constant prices (inflation-adjusted GDP) is estimated at
QR88.4bn in 1Q2013, which shows an increase of 6.2% YoY
(+1.6% QoQ). The report showed that the constant price gross
value added (GVA) of the Mining & Quarrying sector in 1Q2013
has been estimated at QR37.6bn, indicating an increase of 0.8%
YoY. The report also showed that the GVA estimate of non-
mining & quarrying sectors, totaled QR50.9bn, showing 10.6%
YoY increase in 1Q2013. (Peninsula Qatar, GulfBase.com)
QNB Group: Gas prices likely to continue outperforming oil
– According to a report released by QNB Group, gas prices are
likely to continue outperforming oil prices over the near future.
The report said oil & gas prices exhibited opposite trends; the
global oil production grew more rapidly than consumption,
whereas the gas demand growth outstripped supply in 2012.
This meant that average gas import prices rose much more
strongly than oil prices. QNB Group said the relative trend is
likely to continue over the near term, even though the global
demand for petroleum products is likely to soften in the months
ahead. QNB Group’s weighed average basket of the three main
benchmark gas import prices (Japan, Europe and the US)
increased by 15.6%, led by the Japanese LNG import price,
which averaged at a record $16.6/mBTU (million British thermal
unit), while European gas imports reached $11.5/mBTU, the
second highest on record after 2008. (Gulf-Times.com)
Ooredoo gets Myanmar mobile contract, still interested in
Maroc Telecom stake – Ooredoo (formerly QTEL) said it has
obtained a telecom license from Myanmar’s government
telecom bid committee to become one of the country’s first
foreign operators. Meanwhile, Ooredoo’s Strategy Officer
Jeremy Sell said that the company may still be interested in
Vivendi’s stake in Maroc Telecom if Emirates
Telecommunications Corporation’s (Etisalat) bid fails.
(GulfBase.com, Bloomberg)
Nakilat to disclose 2Q2013 financials on July 14 – Qatar Gas
and Transport Co. announced its intent to disclose 2Q2013
financial statements on July 14, 2013.
ABQK to disclose 2Q2013 financials on July 14 – Ahli Bank
announced its intent to disclose 2Q2013 financial statements on
July 14, 2013.
MARK to disclose 2Q2013 financials on July 22 – Masraf Al
Rayan announced its intent to disclose 2Q2013 financial
statements on July 22, 2013.
QPI’s UK power plant plan accepted by NIPA – According to
sources, Qatar Petroleum International’s (QPI) plan to build a
500 MW power plant at South Hook LNG import terminal in
Wales has been accepted for examination by the UK National
Infrastructure Planning Authority (NIPA). The approval process
for this project is expected to take 12-15 months. (Bloomberg)
TFI, Investra acquires first two properties of UK-based fund
– Barwa Bank Group’s investment banking division, The First
Investor (TFI) and Investra Investments have jointly acquired
two properties of a UK-based distribution, logistics and light-
industrial income generating fund, which was launched in April
2013. (AME Info)
Qatar’s population reaches 1.96mn in May – According to the
data published in the Qatar Economic Outlook (QEO) 2013-14,
the influx of foreign labor due to the burgeoning infrastructure
activity in the country has pushed the country’s population to
1.96mn as of end of May 2013, an increase of 9.3% YoY. The
report has also forecasted that the upward trend is expected to
continue in 2014, with the population reaching about 2.2mn by
2013. The bulk of the influx is expected to enter the labor force,
with the vast majority entering low-productivity activities such as
construction and engineering. (Qatar Tribune)
Doha Clinic, SCH pact on Health Insurance Law soon – The
Doha Clinic Hospital will soon sign a long-awaited contract with
the Supreme Council of Health (SCH) in order to start serving
the patients covered by the new Health Insurance Law. (Qatar
Tribune)
International
Fitch affirms US AAA rating; outlook Negative – Ratings
agency Fitch has affirmed the US’ credit rating at AAA, but
maintained the outlook at Negative, saying that still-elevated
debt levels leave the country vulnerable to shocks without more
deficit reduction. Fitch said the affirmation reflects strong
economic and credit fundamentals, and the decline in the
federal budget deficit to levels consistent with debt stabilization.
Fitch said it will conduct another review of the credit rating by
the end of 2013, although it is technically supposed to conduct it
in June next year. Fitch also said the Negative outlook reflects
the near-term risk associated with the expiration of federal
appropriations authority at the end of the current fiscal year.
(Reuters)
France to seek €14bn budget cuts in 2013 – France will
reportedly pursue €14bn in spending cuts next year as it
attempts to reduce its budget deficit to 3% of economic output
by 2015. The French government aims to tame the public deficit
by trimming ministerial budgets, cutting state aid to companies
and reducing local government funding. Annual growth in overall
wage costs for French public employees will be cut to 0.15%
from 3%, chiefly through pay restraint. Ministries will also be
expected to trim 2% from operating budgets through public
purchasing reform. (Reuters)
Spain sets limits to regions' deficit and debt until 2016 –
The Spanish government has set limits on budget deficits and
debt issuance by the country's 17 autonomous regions until
2016, in a drive to help meet budget goals agreed with the EU.
After a meeting with regional officials, the Treasury Minister
Cristobal Montoro said the maximum annual budget gap for the
4. Page 4 of 6
regions as a group would be 1.3% of their economic output in
2013. (Reuters)
Bloomberg: OPEC June output falls in June – According to
the data from a Bloomberg survey, crude output from the
Organization of Petroleum Exporting Countries (OPEC) dropped
in June – for the first time in five months in 2013 – led by
declines from African producers such as Libya, Angola and
Nigeria. The survey showed that the OPEC output slipped
227,000 barrels (0.7%) in June, to an average 0.7mn barrels a
day from a revised 30.9mn barrels in May. The survey also
showed that production in May was revised lower by 110,000
barrels a day because of changes to Venezuelan and Kuwaiti
production estimates. (Bloomberg)
Regional
Airbus: Mideast airlines will need aircraft worth $408bn in
two decades – Airbus said in its forecast that Middle Eastern
airlines will need some 1,963 new passenger and cargo aircraft
valued at $408bn over the next 20 years. Airbus also said that
passenger traffic in the Middle East is set to increase by 6.2%
annually over the next 20 years, and airline fleets are expected
to grow nearly three times by 2031 to meet this demand. (Gulf-
Times.com)
UAE’s Central Bank: money supply reaches AED60bn in
May, steady growth in loans & deposits – According to the
data released by the UAE Central Bank, the money supply
aggregate M0 increased by 2% MoM to AED60bn at the end of
May 2013. The data also showed that the money supply
aggregate M1 increased by 1.6% MoM to AED341.4bn, while
M2 increased by 1% to AED917.9bn and M3 increased by 0.1%
to AED1.2tn. The data also showed that total bank deposits in
UAE banks increased by 0.4% during May to close at AED1.2tn
as a result of a rise in resident deposits by 0.5%, while total
bank loans & advances increased by 0.8% to reach AED1.1tn.
Moreover, the data showed that during the first five months of
2013, monetary aggregate M2 increased by 6.4%, while bank
loans & advances rose by 2.9% and total bank deposits climbed
by 6.7% as a result of 8.4% increase in resident deposits.
(GulfBase.com)
UNCTAD: FDI inflow to UAE rises 25% to $9.6bn – According
to a report released by the United Nations Conference on Trade
& Development (UNCTAD), UAE’s foreign direct investment
(FDI) inflow increased by 25% to $9.6bn in 2012, continuing a
recovery initiated in 2010 but remaining well below the $14bn
level reached in 2007. The report showed that despite the strong
decline registered in Saudi Arabia, FDI to the GCC region as a
whole remained at almost the same level in 2012 ($26bn),
because of significant FDI growth in all other countries within the
group. The report said high public spending by Abu Dhabi and a
strong performance by Dubai’s non-hydrocarbon sectors helped
rebuild foreign appetite for FDI in the Emirates. The report also
said that Saudi Arabia and UAE alone accounted for 83% of FDI
inflows into the GCC region. Meanwhile, the report said that FDI
into Kuwait more than doubled, reaching $1.9bn while it also
rose in Bahrain, Oman and Qatar. (GulfBase.com)
DGCX to list Sensex futures from July 5 – The Dubai Gold &
Commodities Exchange (DGCX) is set to launch a futures
contract based on India-based blue-chip stock index, “Sensex”.
The contract will be formally listed on the DGCX on July 5, 2013.
(AME Info)
UAE’s GCAA signs open skies agreement with Niger – The
General Civil Aviation Authority of the UAE (GCAA) has signed
an open skies agreement with the Government of Niger.
(GulfBase.com)
BofAML: Fiscal rein helping Abu Dhabi lower oil breakeven
price – Bank of America Merrill Lynch’s (BofAML) Global
Research division said gradual fiscal consolidation is bringing
the Abu Dhabi government’s fiscal oil breakeven price lower to
$95 per barrel in 2013, after a spike due to exceptional support
to banks and government-related entities in 2012. The UAE’s
breakeven price for oil had risen to $107 per barrel in 2012, the
highest in the GCC, amid higher spending. (GulfBase.com)
DDF re-pricing its $1.8bn loan – Dubai Duty Free (DDF) is set
to re-price a $1.8bn, 6-year syndicated loan which was signed in
July 2012. The original loan was split between a dirham-
denominated tranche and a dollar-denominated facility, which
were both priced at 325 basis points (bps) over LIBOR. As part
of the re-pricing exercise, margins will be reduced by 100 bps on
the dirham-denominated tranche and by 75 bps on the US dollar
tranche. This re-pricing is expected to close next week.
(GulfBase.com)
Emaar, Meraas launches new hotel brand – Emaar Properties
and Meraas Holding have launched a new hotel brand named
“Dubai Inn”, which is focused on the affordable segment. (AME
Info)
Emirates plans new A380 lease deal, to upgrade Warsaw
service – The Emirates Airline is planning to lease a new Airbus
A380 superjumbo aircraft from a finance company that will issue
$630mn of bond-type certificates to fund the purchase. Emirates
said that it will upgrade and deploy a Boeing 777-300 aircraft for
the flight to Warsaw from January 1, 2014. (GulfBase.com)
MAF to invest AED3bn for further expansion in Dubai –
Majid Al Futtaim (MAF) has planned to invest AED3bn for
enhancing its Dubai businesses over the next five years. These
plans include: developing two new hotels; upgrading two
existing hotels; enhancements to its flagship Mall of the
Emirates and Deira City Centre; opening four Carrefour
supermarkets and two hypermarkets; as well as building a new
14-screen cinema complex. MAF is also evaluating options for
the development of a new 50-store community mall in a prime
residential area of Dubai. (AME Info)
Orion acquires AED22.1mn property from Memon – Orion
Holdings has acquired a property worth AED22.1mn under
development from Memon Investments. Located at the Dubai
Sports City, nearly 41% of the construction of this property has
been completed and it is scheduled for delivery by September
2014. (AME Info)
Al Islami to establish AED100mn processed food facility in
Dubai – Al Islami Foods is set to establish a new food
processing facility in Dubai at an investment of AED100mn, to
meet the increasing regional demands for high-quality halal food
products. (AME Info)
FPIG acquires Spainsh Protecciones Plásticas – Future Pipe
Industries Group (FPIG) has acquired a Spain-based fiberglass
pipe manufacturing business, Protecciones Plásticas, which
conducts business under the trade name, “Protesa”. (AME Info)
ADNOC plans to create new crude blend – The Abu Dhabi
National Oil Company (ADNOC) is planning to blend its Lower
Zakum and Umm Shaif oils into a new export crude called “Das”
from early 2014. (GulfBase.com)
Abu Dhabi media group, Murdoch eye FT Group – Abu
Dhabi’s state media group and media mogul Rupert Murdoch
are in talks to acquire the Financial Times (FT) Group for about
$1.2bn. (Peninsula Qatar)
KIA MD: Kuwait invests $24bn in UK – The Kuwait Investment
Authority’s (KIA) Managing Director Bader Mohammed Al-Saad
5. Page 5 of 6
said the country has more than doubled its investment in Britain
over the past 10 years to more than $24bn. (GulfBase.com)
Agility’s shareholders approve capital increase through
bonus shares – Shareholders of the Agility Public Warehousing
Company have approved to increase the company’s capital from
KD104.7bn to KD109.9bn through the distribution of 5% bonus
shares. (DFM)
OAB goes ahead with planned IPO – The Oman Arab Bank
(OAB) said it expects to complete the procedures and required
approvals for an IPO of its shares by the end of this summer.
(Gulf-Times.com)
Hits Telecom to write off KD28.2mn in losses – Kuwait-based
Hits Telecom Holding Company’s shareholders have approved
writing off its accumulated losses amounting to KD28.2mn. Hits
Telecom said it will use KD27.3mn of its share premium and
about KD925,000 of its reserves to write off the losses. Hits
Telecom’s shareholders have also approved the board’s
proposal not to distribute any dividends for FY2012. (Gulf-
Times.com)
OIFC declares 12% cash dividend, 4.3 shares as stock
dividend – The Oman Investment & Finance Company’s (OIFC)
shareholders has approved the board’s recommendation to
distribute cash dividends wroth 12% of its capital (12 baisa per
share) and a stock dividend of 4.3 shares for every 10 shares
held for FY2013. This will increase OIFC’s share capital from
140mn shares to 200mn shares. (MSM)
OHIC’s AGM approves 15% cash dividend – Oman Holdings
International Company’s (OHIC) AGM has approved the
distribution of a cash dividend of 15% (OMR0.015 per share) for
FY2013. (MSM)
Bankers prepare debt financing for Investcorp’s Skrill sale –
According to sources, bankers are putting together around
£300mn of debt financing to back a potential sale of Investcorp's
UK-based online payments services firm, Skrill. Bahrain-based
Investcorp has hired Barclays to oversee Skrill’s sale, which is
expected to fetch around £600mn, and first-round bids are due
by July 9, 2013. (Reuters)
6. Contacts
Ahmed M. Shehada Keith Whitney Saugata Sarkar Sahbi Kasraoui
Head of Trading Head of Sales Head of Research Manager - HNWI
Tel: (+974) 4476 6535 Tel: (+974) 4476 6533 Tel: (+974) 4476 6534 Tel: (+974) 4476 6544
ahmed.shehada@qnbfs.com.qa keith.whitney@qnbfs.com.qa saugata.sarkar@qnbfs.com.qa sahbi.alkasraoui@qnbfs.com.qa
QNB Financial Services SPC
Contact Center: (+974) 4476 6666
PO Box 24025
Doha, Qatar
DISCLAIMER: This publication has been prepared by QNB Financial Services SPC (“QNBFS”) a wholly-owned subsidiary of Qatar National Bank (“QNB”). QNBFS is regulated by the Qatar
Financial Markets Authority and the Qatar Exchange; QNB is regulated by the Qatar Central Bank. This publication expresses the views and opinions of QNBFS at a given time only. It is not an
offer, promotion or recommendation to buy or sell securities or other investments, nor is it intended to constitute legal, tax, accounting, or financial advice. We therefore strongly advise potential
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Page 6 of 6
Rebased Performance Daily Index Performance
Source: Bloomberg Source: Bloomberg (*Closed on June 29)
Source: Bloomberg Source: Bloomberg
80.0
90.0
100.0
110.0
120.0
130.0
140.0
Jan-10 Jul-10 Jan-11 Jul-11 Jan-12 Jul-12 Jan-13
QEIndex S&P Pan Arab S&P GCC
0.0%
0.4%
0.2%
0.0%
0.2%
1.0%
0.4%
0.0%
0.4%
0.8%
1.2%
SaudiArabia*
Qatar
Kuwait
Bahrain
Oman
AbuDhabi
Dubai
Asset/Currency Performance Close ($) 1D% WTD% YTD% Global Indices Performance Close 1D% WTD% YTD%
Gold/Ounce 1,234.57 2.8 (4.8) (26.3) DJ Industrial 14,909.60 (0.8) 0.7 13.8
Silver/Ounce 19.67 6.3 (2.3) (35.2) S&P 500 1,606.28 (0.4) 0.9 12.6
Crude Oil (Brent)/Barrel 102.23 (0.3) 0.8 (9.4) NASDAQ 100 3,403.25 0.0 1.4 12.7
Natural Gas (Henry
Hub)/MMBtu
3.56 (4.6) (8.7) 3.5 STOXX 600 285.02 (0.5) 1.6 1.9
LPG Propane (Arab Gulf)/Ton 801.00 0.0 1.4 (17.3) DAX 7,959.22 (0.4) 2.2 4.6
LPG Butane (Arab Gulf)/Ton 791.00 0.0 1.4 (18.3) FTSE 100 6,215.47 (0.4) 1.6 5.4
Euro 1.30 (0.2) (0.9) (1.4) CAC 40 3,738.91 (0.6) 2.2 2.7
Yen 99.14 0.8 1.3 14.3 Nikkei 13,677.32 3.5 3.4 31.6
GBP 1.52 (0.3) (1.3) (6.4) MSCI EM 940.33 2.3 4.4 (10.9)
CHF 1.06 0.0 (1.1) (3.1) SHANGHAI SE Composite 1,979.21 1.5 (4.5) (12.8)
AUD 0.91 (1.5) (0.9) (12.1) HANG SENG 20,803.29 1.8 2.7 (8.2)
USD Index 83.14 0.3 1.0 4.2 BSE SENSEX 19,395.81 2.8 3.3 (0.2)
RUB 32.84 0.2 0.0 7.6 Bovespa 47,457.13 (0.3) 0.9 (22.1)
BRL 0.45 (1.5) 0.6 (8.1) RTS 1,275.44 1.0 2.4 (16.5)
133.6
117.9
107.2