The QSE Index declined marginally, led by losses in the Real Estate and Telecoms indices. Ahli Bank and Qatar General Insurance & Reinsurance Co. were the top losers. Gulf International Services rose 5.8% and was a top gainer. Trading volume on the QSE rose 63.7% compared to the previous day. In the GCC, indexes in Saudi Arabia and Abu Dhabi fell while indexes in Dubai, Kuwait and Oman rose. US economic data showed stronger than expected job growth but a wider trade deficit. European data was mixed as services activity grew but retail sales and unemployment were flat.
The document provides an overview of stock market performance and news in Qatar and other GCC countries on May 3, 2017. The key points are:
- Qatar's stock market index declined 0.4% as the telecom and transportation sectors fell. Top losers were Al Khaleej Takaful Group and Qatar Industrial Manufacturing Co.
- Elsewhere in the GCC, stock markets in Saudi Arabia and Dubai declined while those in Abu Dhabi, Kuwait and Oman rose.
- Earnings reports from companies in Saudi Arabia, Bahrain and other GCC countries showed mixed revenue and profit results for 1Q2017.
The document summarizes daily market activity and commentary for the Qatari, GCC and global markets. Specifically:
- The QSE index declined marginally led by losses in the telecom and consumer goods indices. Top losers were Al Khalij Commercial Bank and Qatar Oman Investment Co.
- Saudi markets rose led by the media and hotel indices. Saudi Research & Marketing and Saudi Printing & Packaging were top gainers.
- Dubai and Abu Dhabi markets declined with losses in real estate and energy indices. Top decliners included National Central Cooling Co. and Sharjah Islamic Bank.
- Other GCC markets saw modest declines except for Oman which was marginally down.
The QE index in Qatar declined 1.1% led by losses in the Banking & Financial Services and Telecom indices. Qatar Cinema & Film Distribution Co. and QNB Group were the top losers falling 10% and 3.8% respectively. Trading activity increased compared to the previous day but remained below the 30-day average. Regional indices were mixed with Saudi Arabia and Oman rising slightly while others fell. The document provides market commentary and data on trading activity in Qatar and other GCC markets.
The QE index in Qatar declined 2.4% led by losses in the telecom and real estate indices. Top losers were Qatari Investors Group falling 9.9% and Qatar Cinema & Film Distri falling 8.2%. Regional markets were mixed with Abu Dhabi up 0.5% and Dubai down 0.7%. Economic data from major countries showed initial US jobless claims were 312k, French GDP grew 0.7% YoY in Q1, and UK GDP expanded 3% YoY in Q1.
The document provides an intra-day market summary and commentary for the Qatar Stock Exchange and other GCC exchanges. It summarizes that the QSE index declined 0.3% led by losses in the insurance and telecom indices. Top losers were Qatar General Insurance and Dlala Brokerage. Top gainers included Ezdan Holding Group and Doha Insurance Co. Trading volume on the QSE rose 25.4% compared to the previous day. The document also provides brief summaries for other GCC exchanges in Saudi Arabia, Dubai, Abu Dhabi, Kuwait, Oman and Bahrain.
The QSE Index declined 0.3% with losses led by the Real Estate and Banks & Financial Services indices. Qatar Electricity & Water Co. and Ezdan Holding Group were the top losers. Volume traded fell 27.2% compared to the 30-day moving average. The document also provides stock market commentary and movement for other GCC countries as well as global economic indicators and Qatar and regional company news.
The document provides an overview of stock market performance and news in Qatar and other GCC countries on May 3, 2017. The key points are:
- Qatar's stock market index declined 0.4% as the telecom and transportation sectors fell. Top losers were Al Khaleej Takaful Group and Qatar Industrial Manufacturing Co.
- Elsewhere in the GCC, stock markets in Saudi Arabia and Dubai declined while those in Abu Dhabi, Kuwait and Oman rose.
- Earnings reports from companies in Saudi Arabia, Bahrain and other GCC countries showed mixed revenue and profit results for 1Q2017.
The document summarizes daily market activity and commentary for the Qatari, GCC and global markets. Specifically:
- The QSE index declined marginally led by losses in the telecom and consumer goods indices. Top losers were Al Khalij Commercial Bank and Qatar Oman Investment Co.
- Saudi markets rose led by the media and hotel indices. Saudi Research & Marketing and Saudi Printing & Packaging were top gainers.
- Dubai and Abu Dhabi markets declined with losses in real estate and energy indices. Top decliners included National Central Cooling Co. and Sharjah Islamic Bank.
- Other GCC markets saw modest declines except for Oman which was marginally down.
The QE index in Qatar declined 1.1% led by losses in the Banking & Financial Services and Telecom indices. Qatar Cinema & Film Distribution Co. and QNB Group were the top losers falling 10% and 3.8% respectively. Trading activity increased compared to the previous day but remained below the 30-day average. Regional indices were mixed with Saudi Arabia and Oman rising slightly while others fell. The document provides market commentary and data on trading activity in Qatar and other GCC markets.
The QE index in Qatar declined 2.4% led by losses in the telecom and real estate indices. Top losers were Qatari Investors Group falling 9.9% and Qatar Cinema & Film Distri falling 8.2%. Regional markets were mixed with Abu Dhabi up 0.5% and Dubai down 0.7%. Economic data from major countries showed initial US jobless claims were 312k, French GDP grew 0.7% YoY in Q1, and UK GDP expanded 3% YoY in Q1.
The document provides an intra-day market summary and commentary for the Qatar Stock Exchange and other GCC exchanges. It summarizes that the QSE index declined 0.3% led by losses in the insurance and telecom indices. Top losers were Qatar General Insurance and Dlala Brokerage. Top gainers included Ezdan Holding Group and Doha Insurance Co. Trading volume on the QSE rose 25.4% compared to the previous day. The document also provides brief summaries for other GCC exchanges in Saudi Arabia, Dubai, Abu Dhabi, Kuwait, Oman and Bahrain.
The QSE Index declined 0.3% with losses led by the Real Estate and Banks & Financial Services indices. Qatar Electricity & Water Co. and Ezdan Holding Group were the top losers. Volume traded fell 27.2% compared to the 30-day moving average. The document also provides stock market commentary and movement for other GCC countries as well as global economic indicators and Qatar and regional company news.
The QE Index rose 0.1% to close at 10,613.5. Gains were led by the Consumer Goods & Services and Banks & Financial Services indices, gaining 0.5% and 0.4%, respectively.
The QE index in Qatar rose 0.8% led by gains in the insurance and industrial indices. Qatar Insurance Co. and Ezdan Holding Group were the top gainers rising 10% each. Across the GCC, markets were mostly higher with Dubai gaining 2.2% and Saudi Arabia up 0.4%.
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 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 QSE Index declined 0.9% led by losses in the Banks & Financial Services and Insurance indices. Qatar General Insurance and Ahli Bank fell 4.2% each, while Medicare Group rose 3.0% and Gulf Warehousing Co. rose 2.0%. Trading volume rose 53.8% but remained below the 30-day average. Regional markets were mixed with Saudi and Dubai rising while Oman fell slightly.
The QSE Index in Qatar declined 0.6% due to losses in the real estate and insurance indices. Qatar National Cement and Ezdan Holding Group were the top losers. Indices in other Gulf markets were mixed, with Saudi Arabia and Oman rising marginally while Kuwait and Bahrain fell. Earnings results were reported from companies in various Gulf markets. Global economic data showed the US retail sales declined more than expected in January while Eurozone GDP growth met forecasts.
The QSE Index in Qatar declined 0.4% led by losses in the Telecom and Insurance indices. Dlala Brokerage and Doha Insurance were the top losers, falling 3.3% and 2.9% respectively. Ahli Bank and National Leasing were among the top gainers. Regional markets were mixed with Saudi Arabia up 1.1% while Abu Dhabi fell 0.8%. Earnings reports and economic indicators were also included in the document.
QNBFS Daily Market Report January 26, 2021QNB Group
The QE Index in Qatar declined 0.3% led by losses in the Transportation and Telecoms indices. INMA Holding and Dlala Brokerage were the top losers falling 3.6% and 3.2% respectively. Al Khaleej Takaful Insurance rose 3.6% and Baladna rose 3%. Trading volume fell 15.9% compared to the previous day. In company news, QFLS announced its AGM will be held on March 8th, MERS will disclose annual results on February 23rd, and BRES will disclose annual results on February 8th. IHGS reported a 74.3% rise in annual net profit but a 42.1% quarterly
The QE index in Qatar rose 0.5% led by gains in the transportation and banking indices. Qatar Cinema & Film Dist. Co. and Zad Holding Co. were the top gainers rising 10% and 4.3% respectively. Regional indices were mixed with Dubai up 3.7% and Saudi Arabia down 0.5%. Global economic data was released from various countries including a 0.8% rise in EU industrial production and 8.8% rise in Chinese industrial production YoY. News articles discussed the Commercial Bank of Qatar filing an EMTN program prospectus and a survey showing a large rise in Qatari household spending over the past decade.
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.
QNBFS Daily Market Report October 25, 2021QNB Group
The QE Index in Qatar declined 0.4% led by losses in the Industrials and Banks & Financial Services indices. Mannai Corporation and Industries Qatar were the top losers. In other GCC markets, indexes in Saudi Arabia and Kuwait gained while those in Dubai, Abu Dhabi, Oman and Bahrain gained. Earnings reports from Saudi Kayan Petrochemical and Dr. Sulaiman Al Habib showed increases in revenue and profits. The Commercial Bank of Qatar reported a net profit rise of 217.8% year-over-year to QR804.6mn, beating estimates.
QNBFS Daily Market Report October 19, 2021QNB Group
The QE Index declined 0.1% to close at 11,743.4. Losses were led by the Industrials and Banks & Financial Services indices, falling 0.5% and 0.1%, respectively.
The QSE Index declined 0.7% to close at 10,479.3, led by losses in the Telecom and Banks & Financial Services indices. Ooredoo fell 7.1% while Qatar Islamic Insurance Co. fell 3.8%. Saudi Arabia's TASI index fell 1.1% and Kuwait's KSE index fell 0.3%. Global markets were mixed, with the US ISM non-manufacturing index falling below estimates but initial jobless claims meeting estimates.
QNBFS Daily Market Report February 22, 2017QNB Group
The QSE Index rose 0.2% led by gains in the Insurance and Consumer Goods & Services indices. Qatar General Insurance and Al Meera Consumer Goods were the top gainers rising 6.2% and 5.3% respectively. The GCC markets were mostly lower with Saudi Arabia down 0.2% and Dubai down 1.2%. Regional indices were mixed with Qatar up 0.2% and Abu Dhabi up 0.6% while the rest were lower or flat.
The QE index rose 1.4% led by gains in the telecom and industrial indices. Doha Insurance Co. and Ooredoo were the top gainers rising 8.5% and 6.3% respectively, while Qatar General Ins. & Reins. Co. fell 2.2%. Trading volume rose 1% but was 19.1% lower than the 30-day average. Regionally, indices in Dubai and Abu Dhabi rose 3.6% and 1.7% respectively. Earnings news saw Agthia Group's profit rise 28.4% and Oman Cables Industry's profit increase 42%. Initial US jobless claims fell slightly while Eurozone PMIs came in
The QSE Index in Qatar declined slightly, led by losses in the Industrials and Banks indices. Dlala Brokerage and Medicare Group were the top losers. Regional markets were mixed, with Saudi Arabia down but Dubai and Abu Dhabi up marginally. Globally, US and European manufacturing PMIs were mixed while construction spending rose in the US. In Qatar news, the central bank auctioned treasury bills and will protect banks' foreign investments, and UDCD signed a large financing deal with Qatari banks.
The QE index declined marginally to close at 9,975.8 led by losses in the Industrials and Consumer Goods & Services indices. Top losers were Qatar German Co. for Med. Dev. and Widam Food Co., falling 1.3% and 0.8% respectively. Meanwhile, Qatar Cinema & Film Dist. Co. rose 9.8% and Vodafone Qatar gained 5.5% among the top gainers. Overall, the market declined on selling pressure from non-Qatari shareholders despite buying support from Qatari shareholders. Volume of shares traded rose by 22.0% compared to the previous day and was 42.5% higher than the 30-day moving average.
QNBFS Daily Market Report October 31, 2021QNB Group
The QE Index rose 1.2% to close at 11,806.5. Gains were led by the Banks & Financial Services and Consumer Goods & Services indices, gaining 2.1% and 1.2%, respectively.
This document discusses the benefits of meditation. Meditation helps free the mind from problems by bringing balance. It quiets mental turbulence like anger and controls purposeless wanderings. Regular meditation trains focus and concentration, improving work efficiency. Techniques include breathing exercises, mantra repetition, and focusing on peaceful objects. Meditation benefits both mental and physical health by reducing stress.
The document summarizes stock market activity in Qatar and other GCC countries on May 11th. It notes that the Qatari stock market index declined slightly, with losses in the industrial and transportation sectors. Two of the top losing stocks were Qatar German Co. for Medical Devices and Qatar General Insurance & Reins. It also provides summaries of stock market performance and notable gaining and losing stocks in other GCC countries such as Saudi Arabia, Dubai, Abu Dhabi, Kuwait, Oman and Bahrain. The document includes other sections with company earnings results, economic indicators, and news briefs related to Qatari companies and markets.
The QE Index rose 0.1% to close at 10,613.5. Gains were led by the Consumer Goods & Services and Banks & Financial Services indices, gaining 0.5% and 0.4%, respectively.
The QE index in Qatar rose 0.8% led by gains in the insurance and industrial indices. Qatar Insurance Co. and Ezdan Holding Group were the top gainers rising 10% each. Across the GCC, markets were mostly higher with Dubai gaining 2.2% and Saudi Arabia up 0.4%.
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 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 QSE Index declined 0.9% led by losses in the Banks & Financial Services and Insurance indices. Qatar General Insurance and Ahli Bank fell 4.2% each, while Medicare Group rose 3.0% and Gulf Warehousing Co. rose 2.0%. Trading volume rose 53.8% but remained below the 30-day average. Regional markets were mixed with Saudi and Dubai rising while Oman fell slightly.
The QSE Index in Qatar declined 0.6% due to losses in the real estate and insurance indices. Qatar National Cement and Ezdan Holding Group were the top losers. Indices in other Gulf markets were mixed, with Saudi Arabia and Oman rising marginally while Kuwait and Bahrain fell. Earnings results were reported from companies in various Gulf markets. Global economic data showed the US retail sales declined more than expected in January while Eurozone GDP growth met forecasts.
The QSE Index in Qatar declined 0.4% led by losses in the Telecom and Insurance indices. Dlala Brokerage and Doha Insurance were the top losers, falling 3.3% and 2.9% respectively. Ahli Bank and National Leasing were among the top gainers. Regional markets were mixed with Saudi Arabia up 1.1% while Abu Dhabi fell 0.8%. Earnings reports and economic indicators were also included in the document.
QNBFS Daily Market Report January 26, 2021QNB Group
The QE Index in Qatar declined 0.3% led by losses in the Transportation and Telecoms indices. INMA Holding and Dlala Brokerage were the top losers falling 3.6% and 3.2% respectively. Al Khaleej Takaful Insurance rose 3.6% and Baladna rose 3%. Trading volume fell 15.9% compared to the previous day. In company news, QFLS announced its AGM will be held on March 8th, MERS will disclose annual results on February 23rd, and BRES will disclose annual results on February 8th. IHGS reported a 74.3% rise in annual net profit but a 42.1% quarterly
The QE index in Qatar rose 0.5% led by gains in the transportation and banking indices. Qatar Cinema & Film Dist. Co. and Zad Holding Co. were the top gainers rising 10% and 4.3% respectively. Regional indices were mixed with Dubai up 3.7% and Saudi Arabia down 0.5%. Global economic data was released from various countries including a 0.8% rise in EU industrial production and 8.8% rise in Chinese industrial production YoY. News articles discussed the Commercial Bank of Qatar filing an EMTN program prospectus and a survey showing a large rise in Qatari household spending over the past decade.
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.
QNBFS Daily Market Report October 25, 2021QNB Group
The QE Index in Qatar declined 0.4% led by losses in the Industrials and Banks & Financial Services indices. Mannai Corporation and Industries Qatar were the top losers. In other GCC markets, indexes in Saudi Arabia and Kuwait gained while those in Dubai, Abu Dhabi, Oman and Bahrain gained. Earnings reports from Saudi Kayan Petrochemical and Dr. Sulaiman Al Habib showed increases in revenue and profits. The Commercial Bank of Qatar reported a net profit rise of 217.8% year-over-year to QR804.6mn, beating estimates.
QNBFS Daily Market Report October 19, 2021QNB Group
The QE Index declined 0.1% to close at 11,743.4. Losses were led by the Industrials and Banks & Financial Services indices, falling 0.5% and 0.1%, respectively.
The QSE Index declined 0.7% to close at 10,479.3, led by losses in the Telecom and Banks & Financial Services indices. Ooredoo fell 7.1% while Qatar Islamic Insurance Co. fell 3.8%. Saudi Arabia's TASI index fell 1.1% and Kuwait's KSE index fell 0.3%. Global markets were mixed, with the US ISM non-manufacturing index falling below estimates but initial jobless claims meeting estimates.
QNBFS Daily Market Report February 22, 2017QNB Group
The QSE Index rose 0.2% led by gains in the Insurance and Consumer Goods & Services indices. Qatar General Insurance and Al Meera Consumer Goods were the top gainers rising 6.2% and 5.3% respectively. The GCC markets were mostly lower with Saudi Arabia down 0.2% and Dubai down 1.2%. Regional indices were mixed with Qatar up 0.2% and Abu Dhabi up 0.6% while the rest were lower or flat.
The QE index rose 1.4% led by gains in the telecom and industrial indices. Doha Insurance Co. and Ooredoo were the top gainers rising 8.5% and 6.3% respectively, while Qatar General Ins. & Reins. Co. fell 2.2%. Trading volume rose 1% but was 19.1% lower than the 30-day average. Regionally, indices in Dubai and Abu Dhabi rose 3.6% and 1.7% respectively. Earnings news saw Agthia Group's profit rise 28.4% and Oman Cables Industry's profit increase 42%. Initial US jobless claims fell slightly while Eurozone PMIs came in
The QSE Index in Qatar declined slightly, led by losses in the Industrials and Banks indices. Dlala Brokerage and Medicare Group were the top losers. Regional markets were mixed, with Saudi Arabia down but Dubai and Abu Dhabi up marginally. Globally, US and European manufacturing PMIs were mixed while construction spending rose in the US. In Qatar news, the central bank auctioned treasury bills and will protect banks' foreign investments, and UDCD signed a large financing deal with Qatari banks.
The QE index declined marginally to close at 9,975.8 led by losses in the Industrials and Consumer Goods & Services indices. Top losers were Qatar German Co. for Med. Dev. and Widam Food Co., falling 1.3% and 0.8% respectively. Meanwhile, Qatar Cinema & Film Dist. Co. rose 9.8% and Vodafone Qatar gained 5.5% among the top gainers. Overall, the market declined on selling pressure from non-Qatari shareholders despite buying support from Qatari shareholders. Volume of shares traded rose by 22.0% compared to the previous day and was 42.5% higher than the 30-day moving average.
QNBFS Daily Market Report October 31, 2021QNB Group
The QE Index rose 1.2% to close at 11,806.5. Gains were led by the Banks & Financial Services and Consumer Goods & Services indices, gaining 2.1% and 1.2%, respectively.
This document discusses the benefits of meditation. Meditation helps free the mind from problems by bringing balance. It quiets mental turbulence like anger and controls purposeless wanderings. Regular meditation trains focus and concentration, improving work efficiency. Techniques include breathing exercises, mantra repetition, and focusing on peaceful objects. Meditation benefits both mental and physical health by reducing stress.
The document summarizes stock market activity in Qatar and other GCC countries on May 11th. It notes that the Qatari stock market index declined slightly, with losses in the industrial and transportation sectors. Two of the top losing stocks were Qatar German Co. for Medical Devices and Qatar General Insurance & Reins. It also provides summaries of stock market performance and notable gaining and losing stocks in other GCC countries such as Saudi Arabia, Dubai, Abu Dhabi, Kuwait, Oman and Bahrain. The document includes other sections with company earnings results, economic indicators, and news briefs related to Qatari companies and markets.
The QSE Index lost 0.58% over the week to close at 12,443.49 points. Trading value increased 16.27% to QR3.16 billion due to increased activity in the Real Estate sector. ERES was the top traded stock by value and volume. Foreign institutions remained net buyers while Qatari investors were net sellers.
The document provides a daily technical analysis of stocks on the Qatar Stock Exchange. It summarizes trading activity and technical indicators for the QSE index and two stocks, BRES and QGTS. The QSE index saw slightly higher trading levels and is facing resistance at 12,250, though a death cross signals longer term bearishness. BRES is in a price range between QR42-46 and may reach QR48 on a break above QR46. QGTS broke above an ascending triangle and its indicators are positive, suggesting further upside to QR24.23-24.80 if it sustains above QR23.90.
Este documento describe una lección sobre una comida peruana tradicional llamada pachamanca. La lección guía a los estudiantes a través de la lectura de un texto sobre la pachamanca, incluyendo una discusión antes y después de la lectura. El objetivo es que los estudiantes comprendan qué es la pachamanca y aprendan sobre esta comida peruana.
This document provides a daily technical analysis report on stocks and indices in Qatar. It includes the following:
1) Analysis of the QSE Index showing it gained last week and is expected to reach a target level of 12,600 if it remains above 12,450. Support levels are identified.
2) Technical analysis of two stocks, IQCD and KCBK, identifying recent price levels, resistance/support, expected downward price movement, and sell triggers.
3) Market summary statistics including index levels, volumes traded, and company information. A list of stocks is provided with technical analysis indicators and moving averages.
The QSE Index in Qatar rose 3.3% led by gains in the Real Estate and Insurance indices. Barwa Real Estate and Medicare Group saw the largest gains of 10% each. Regional markets were mixed with indexes in Saudi Arabia, Kuwait, Oman and Qatar rising, while Abu Dhabi and Bahrain fell. Volume on the QSE fell from the previous day but was above the 30-day average. Non-Qatari investors were net buyers while Qatari investors were net sellers. Other news mentioned a potential rights issue by GWCS to raise capital and CI affirming credit ratings for Ahli Bank.
The QSE Index in Qatar rose 0.2% while indices in other Gulf markets were mixed. In Qatar, the Insurance and Real Estate indices performed best, rising 0.5% and 0.2% respectively. Widam Food Co. and Qatari Investors Group were the top gainers in Qatar. Trading activity on the QSE fell 11% compared to the previous day.
The QSE Index in Qatar declined 2.7% led by losses in the real estate and telecom indices. Ezdan Holding Group and Vodafone Qatar were the top losers, falling 10% and 9% respectively. In other GCC markets, Saudi Arabia's TASI index rose marginally while Dubai and Abu Dhabi fell slightly and Kuwait and Oman declined around 0.3%.
The QSE Index gained ground and trading volume increased, which is considered positive in the short term. The index is expected to face resistance at 12,270. Two stocks, BRES and IHGS, are discussed in detail. BRES is in a symmetrical triangle pattern and may rise if it breaks above 51.50. IHGS is in an uptrend and may reach 150 if it breaks above 144. The document also provides market commentary and indicators, index levels, and technical analysis charts.
The document provides a daily technical analysis report on stocks and indices in Qatar. It summarizes the daily performance of the QSE Index and notes it added another indecision candlestick. It also provides analysis and near-term outlook for two stocks, QIGD and QGTS. For QIGD, it notes multiple inverted hammer candlesticks signaling a possible price increase. For QGTS, it observes the stock broke a long-term uptrend line, which is bearish, and expects further price retreat. The document also includes various market indicators, index performances, moving averages, and definitions of technical analysis terms.
This document provides a daily technical analysis report on stocks and indices in Qatar. It analyzes the performance of the QSE Index and two stocks, WDAM and QIIK. For each, it provides commentary on recent price action, as well as resistance and support levels. It also includes summaries of market indicators, index performance, and definitions of technical analysis terms. The overall document aims to analyze recent market movements and provide short-term trading insights and recommendations.
The QSE Index in Qatar rose 0.2% led by gains in the real estate and telecom indices. Zad Holding and Barwa Real Estate were the top gainers rising 2.8% and 2.5% respectively. Trading volume fell 7.6% compared to the previous day. In other GCC countries, indices were mixed with Saudi Arabia rising marginally while Dubai and Abu Dhabi fell. Earnings reports were announced for several companies and Qatar Rail signed a deal for driverless trains for Doha Metro.
The QSE Index in Qatar declined 0.2% due to losses in the Banks & Financial Services and Consumer Goods & Services indices. Qatar Cinema & Film Distribution Co. and Qatari Investors Group were the top losers, falling 9.9% and 4.5% respectively. Meanwhile, Qatar German Co. for Medical Devices and Ahli Bank were the top gainers, rising 6.3% each. Overall trading volume on the QSE fell by 13.7% compared to the previous day.
Fases para la creación de una presentación electrónicae_uic
El documento describe las fases para crear presentaciones electrónicas en el aula, incluyendo la definición del tema y propósitos, estructuración del contenido, construcción con textos, elementos multimedia, animaciones y vínculos, y la implementación con pruebas y publicación. La estructuración involucra recopilar información, gestionar diapositivas, y definir el esquema de navegación, que puede ser lineal o jerárquico.
- The QSE Index fell 0.1% as losses in the Insurance and Real Estate indices weighed on the market. Qatar Cinema & Film Distribution Co. and Qatar Electricity & Water Co. were the top losers.
- Among other regional markets, the Abu Dhabi index rose 0.6% while Dubai fell marginally. Saudi Arabia's market was closed.
- Company earnings news included Alijarah reporting a QR33.5mn loss in 2Q2015, and Fitch affirming Nakilat Inc.'s senior secured bonds rating at A with a stable outlook.
The QSE Index in Qatar declined 2.2% led by losses in the Consumer Goods & Services and Real Estate indices. Qatar General Insurance and Barwa Real Estate were the top losers falling 8.2% and 5.1% respectively, while Qatar Cinema was the only gainer rising 9.6%. Other GCC markets also declined except Oman which rose 0.2%. Regional indices fell except Saudi Arabia which declined 1.8% and Oman which rose 0.2%. In Qatar news, Fitch upgraded QNBK's ratings to AA- and CBQK received approval to raise QR3.6 billion in capital. QNNS shareholders approved dividends and increasing foreign ownership limit to 49%.
The QSE Index declined 1.2% led by losses in the Telecom and Real Estate indices. Dlala Brokerage and Zad Holding were the top losers falling 3.8% and 2.8% respectively. Regional markets were mixed with Saudi Arabia and Kuwait rising slightly while Dubai and Abu Dhabi fell. QNB Group reported a 10.2% rise in 1H2015 net profit driven by growth in net interest and fee income.
The QSE Index declined 0.5% led by losses in the Telecom and Insurance indices. Ooredoo and Qatar Oman Investment Co. were the top losers. Regional indices also declined, with Saudi Arabia down 2.8% and Abu Dhabi down 2%. News mentioned credit to Qatar's private sector increasing QR14.2bn and Ooredoo Kuwait appointing a new CFO. Vodafone Qatar also completed an upgrade of network sites in Al Wakrah and Al Wukair.
- The QE Index in Qatar declined 1.0% due to losses in the Banks & Financial Services and Consumer Goods & Services indices. Top losers were QNB Group and Alijarah Holding.
- Stock markets in other GCC countries also declined except for Kuwait which gained 0.3%. Saudi Arabia had the largest fall of 1.6%.
- Global economic data showed mixed results with US industrial production rising more than expected but EU industrial production falling. China's industrial production grew 5.0% YoY in May.
QNBFS Daily Market Report February 5, 2017QNB Group
The QSE Index declined 0.2% with losses led by the Telecom and Insurance indices. Ahli Bank and Aamal Co. were the top losers. Qatar Islamic Insurance Co. and Masraf Al Rayan were among the top gainers. Volume traded on the QSE fell by 25.5% compared to the previous day. Industries Qatar posted a 4Q2016 net profit of QR230mn, below estimates due to impairment charges, and reduced its dividend to QR4 per share.
The QSE Index in Qatar fell 0.3% led by losses in the Telecom and Consumer Goods indices. Gulf International Services and Islamic Holding Group were the top losers. In other GCC markets, Saudi Arabia was down slightly while Dubai and Abu Dhabi rose. Earnings reports were mixed and global economic data was mostly weaker than expected.
The QSE Index in Qatar declined slightly, led by losses in the consumer goods and transportation sectors. Top losers were Widam Food Co. and Gulf International Services. In other GCC markets, Saudi Arabia and Dubai declined while Abu Dhabi and Kuwait rose. Trading volume on the QSE fell compared to previous days. Earnings news included a loss reported by Dubai Parks and Resorts, while economic data showed declines in French and German industrial production but gains in UK trade balance and Chinese CPI.
The QE index in Qatar declined 0.5% led by losses in the banking and financial services and industrials indices. QNB Group and Medicare Group were the top losers. Doha Insurance Co. and Zad Holding Co. were among the top gainers. Trading volume fell 16.5% compared to the previous day but was 4.9% higher than the 30-day moving average. Qatar is set to award infrastructure projects worth $26.2 billion in 2014, a significant increase from $9.4 billion in 2013, as major construction projects are planned across GCC countries.
The QSE Index declined slightly, led by losses in the consumer goods and real estate sectors. Gulf International Services and Dlala Brokerage were the top losers. The indexes of other GCC countries also declined, with losses in sectors like transportation, real estate, and banks. Earnings reports were mixed, with some companies reporting declines in revenue and profits and others reporting growth. Economic data from major countries showed some weakness in areas like industrial production and employment.
QNBFS Daily Market Report November 11, 2018QNB Group
The QSE Index in Qatar rose 1.1% led by gains in the Consumer Goods & Services and Banks & Financial Services indices. Qatar Cinema & Film Distribution Company and Qatar Fuel Company were the top gainers rising 9.6% and 4.5% respectively. Regional indices were mixed with Abu Dhabi up 0.3% while Saudi Arabia fell 0.6%.
The QE Index in Qatar rose 0.9% led by gains in the insurance and consumer goods indices. Al Khaleej Takaful Group and Qatar General Insurance rose 3.4% each, while Qatar Industrial Manufacturing fell 1.5%. Trading volume fell 21.9% compared to the 30-day average. Doha Bank's third quarter net income fell 10.2% quarter-over-quarter to QR348.1 million due to a 14.5% drop in non-interest income.
The QE index in Qatar rose 1.3% led by gains in the Industrials and Banks & Financial Services indices. Top gainers were Qatar Gen. Ins. and Reins. Co. and Qatar Cinema & Film Distr. Co., rising 4.7% and 3.9% respectively. Regional indices were mixed with Abu Dhabi and Qatar rising while Saudi Arabia, Dubai, Kuwait, Oman and Bahrain declined. Earnings results were released for companies in Abu Dhabi, Dubai and Bahrain. Global economic data included GDP and other figures from the US, EU and other countries.
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 rose 0.3% led by gains in the Consumer Goods & Services and Transportation indices. Al Meera Consumer Goods rose 4.6% and Ahli Bank rose 4.2% while Gulf International Services fell 1.3% and Ooredoo fell 1.1%. Regional indices were mixed with Saudi Arabia down 0.1% and Bahrain up 0.4% while Dubai was flat. Earnings news saw profits fall at QGRI 42.6% QoQ and SABB Takaful down 14.7% YoY. QCFS will report financials on August 9th.
The QE Index rose 2.0% to close at 10,503.6. Gains were led by the Banks & Financial Services and Industrials indices, gaining 2.6% and 2.3%, respectively.
The QE Index declined 0.2% to close at 10,843.0. Losses were led by the Telecoms and Banks & Financial Services indices, falling 1.1% and 0.3%, respectively.
The QE Index in Qatar rose 0.5% led by gains in the telecom and transportation indices. Vodafone Qatar and Dlala Brokerage rose the most while Qatar Cinema fell the most. Trading volume fell 10.3% compared to the previous day. In other markets, indices were mixed with Saudi Arabia falling but gains in Dubai, Abu Dhabi, and Kuwait. Earnings news included results from Salama Cooperative, Gulf Navigation Holding, and Drake & Scull International. Industries Qatar plans $1.7 billion in capex for its petrochemical segment over five years.
- The QSE Index in Qatar declined 2.5% led by losses in the Telecom and Insurance indices. Islamic Holding Group and Gulf Warehousing Co. were the top losers.
- Regional indices were mixed with Saudi Arabia up 0.3% while Dubai fell 3.2% and Abu Dhabi declined 1.4%.
- In Qatar news, Doha Bank imported a record amount of gold to meet demand, QPMC signed a supply deal with Oryx for 2 million tons of quarry products, and Ooredoo Maldives won an ISP license. Vodafone Qatar also boosted its network in Al Wakrah and Al Wukair.
The QSE Index rose 1.0% led by gains in the Banks & Financial Services and Real Estate indices. Ahli Bank and Dlala Brokerage & Investments rose the most, while Qatar Cinema & Film Distribution fell the most. Regional markets were mixed with Saudi Arabia down 0.8% and Abu Dhabi down 2.9%, while Kuwait rose 0.9% and Bahrain rose 1.3%. Earnings were reported from several companies and global economic data was reported from the UK, France, China and US. The QCB also issued new instructions to combat money laundering in the insurance sector.
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.
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
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.
The Rise of Generative AI in Finance: Reshaping the Industry with Synthetic DataChampak Jhagmag
In this presentation, we will explore the rise of generative AI in finance and its potential to reshape the industry. We will discuss how generative AI can be used to develop new products, combat fraud, and revolutionize risk management. Finally, we will address some of the ethical considerations and challenges associated with this powerful technology.
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
2. Elemental Economics - Mineral demand.pdfNeal Brewster
After this second you should be able to: Explain the main determinants of demand for any mineral product, and their relative importance; recognise and explain how demand for any product is likely to change with economic activity; recognise and explain the roles of technology and relative prices in influencing demand; be able to explain the differences between the rates of growth of demand for different products.
Abhay Bhutada, the Managing Director of Poonawalla Fincorp Limited, is an accomplished leader with over 15 years of experience in commercial and retail lending. A Qualified Chartered Accountant, he has been pivotal in leveraging technology to enhance financial services. Starting his career at Bank of India, he later founded TAB Capital Limited and co-founded Poonawalla Finance Private Limited, emphasizing digital lending. Under his leadership, Poonawalla Fincorp achieved a 'AAA' credit rating, integrating acquisitions and emphasizing corporate governance. Actively involved in industry forums and CSR initiatives, Abhay has been recognized with awards like "Young Entrepreneur of India 2017" and "40 under 40 Most Influential Leader for 2020-21." Personally, he values mindfulness, enjoys gardening, yoga, and sees every day as an opportunity for growth and improvement.
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Tax System, Behaviour, Justice, and Voluntary Compliance Culture in Nigeria -...
3 June Daily market report
1. Page 1 of 6
QSE Intra-Day Movement
Qatar Commentary
The QSE Index declined marginally to close at 12,182.1. Losses were led by the
Real Estate and Telecoms indices, falling 1.8% and 0.7%, respectively. Top
losers were Ahli Bank and Qatar General Insurance & Reinsurance Co., falling
8.8% and 3.4%, respectively. Among the top gainers Gulf International Services
rose 5.8%, while Qatar Cinema & Film Distribution Co. was up 3.2%.
GCC Commentary
Saudi Arabia: The TASI Index fell 0.4% to close at 9,678.8. Losses were led
by the Transport and Energy & Utilities indices, falling 2.7% and 1.5%,
respectively. Bahri fell 4.0%, while SABB Takaful was down 2.8%.
Dubai: The DFM Index gained 1.0% to close at 4,029.2. The Financial &
Investment Services index rose 2.6%, while the Services index gained 2.3%.
Amlak Finance surged 14.7%, while Arab Insurance Group was up 8.8%.
Abu Dhabi: The ADX benchmark index fell marginally to close at 4,589.2. The
Banks and Telecommunication index declined 0.4% each. Union Insurance
Co. fell 9.8%, while Commercial Bank International was down 5.6%.
Kuwait: The KSE Index rose 0.2% to close at 6,313.0. The Insurance index
gained 2.0%, while the Telecommunication index rose 1.3%. Gulf Insurance
Group gained 6.7%, while Hilal Cement Co. was up 6.4%.
Oman: The MSM Index rose 0.2% to close at 6,467.7. Gains were led by the
Financial and Industrial indices, rising 0.4% and 0.1%, respectively. Gulf
International Chemicals rose 4.0% and Global Financial Invest. was up 3.6%.
Bahrain: The BHB Index declined marginally to close at 1,362.2. The
Commercial Bank index fell 0.1%, while the other indices ended flat. Bahrain
Islamic Bank declined 3.6%, while Al Salam Bank – Bahrain was down 0.7%.
QSE Top Gainers Close* 1D% Vol. ‘000 YTD%
Gulf International Services 82.40 5.8 1,455.1 (15.1)
Qatar Cinema & Film Distrib. Co. 45.30 3.2 0.4 13.3
Al Khaleej Takaful Group 44.00 1.1 20.6 (0.4)
Qatar Industrial Manufacturing Co. 46.00 0.9 2.6 6.1
Al Khalij Commercial Bank 22.54 0.7 255.4 2.2
QSE Top Volume Trades Close* 1D% Vol. ‘000 YTD%
Ezdan Holding Group 17.35 (2.6) 5,614.2 16.3
Vodafone Qatar 16.73 (2.5) 2,808.8 1.7
Barwa Real Estate Co. 51.20 (0.8) 2,151.8 22.2
Masraf Al Rayan 46.20 0.2 1,471.1 4.5
Gulf International Services 82.40 5.8 1,455.1 (15.1)
Market Indicators 3 Jun 15 2 Jun 15 %Chg.
Value Traded (QR mn) 856.1 452.7 89.1
Exch. Market Cap. (QR mn) 649,801.2 650,910.7 (0.2)
Volume (mn) 20.0 12.2 63.7
Number of Transactions 8,382 6,090 37.6
Companies Traded 43 41 4.9
Market Breadth 16:23 21:17 –
Market Indices Close 1D% WTD% YTD% TTM P/E
Total Return 18,931.60 (0.0) 2.4 3.3 N/A
All Share Index 3,251.49 (0.2) 2.1 3.2 13.7
Banks 3,212.08 (0.0) 2.6 0.3 14.5
Industrials 3,978.06 0.7 4.7 (1.5) 14.0
Transportation 2,486.10 0.3 1.8 7.2 13.7
Real Estate 2,681.01 (1.8) (2.0) 19.4 9.5
Insurance 4,740.20 (0.5) (2.9) 19.7 21.9
Telecoms 1,248.71 (0.7) 6.6 (15.9) 25.1
Consumer 7,314.81 (0.6) 2.4 5.9 28.4
Al Rayan Islamic Index 4,658.66 (0.4) 2.9 13.6 14.2
GCC Top Gainers##
Exchange Close#
1D% Vol. ‘000 YTD%
Gulf Int. Services Qatar 82.40 5.8 1,455.1 (15.1)
Deyaar Development Dubai 0.80 3.9 40,984.7 (5.4)
Aldar Properties Abu Dhabi 2.77 3.7 27,314.0 4.5
Ajman Bank Dubai 2.05 3.5 557.2 (23.1)
Tabuk Cement Co. Saudi Arabia 26.73 3.1 581.8 7.8
GCC Top Losers##
Exchange Close#
1D% Vol. ‘000 YTD%
Al Ahli Bank Qatar 42.40 (8.8) 0.4 (14.6)
National Shipping Co. Saudi Arabia 52.78 (4.0) 1,235.8 55.3
Qatar Gen. Ins. & Re Qatar 56.50 (3.4) 3.0 10.1
Ezdan Holding Group Qatar 17.35 (2.6) 5,614.2 16.3
Vodafone Qatar Qatar 16.73 (2.5) 2,808.8 1.7
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%
Ahli Bank 42.40 (8.8) 0.4 (14.6)
Qatar General Ins. & Reinsur. Co. 56.50 (3.4) 3.0 10.1
Qatar German Co for Med. Dev. 17.90 (3.0) 229.3 76.4
Ezdan Holding Group 17.35 (2.6) 5,614.2 16.3
Vodafone Qatar 16.73 (2.5) 2,808.8 1.7
QSE Top Value Trades Close* 1D% Val. ‘000 YTD%
Gulf International Services 82.40 5.8 116,857.0 (15.1)
Barwa Real Estate Co. 51.20 (0.8) 109,554.9 22.2
Ezdan Holding Group 17.35 (2.6) 96,072.9 16.3
QNB Group 194.90 0.6 81,666.7 (8.5)
Masraf Al Rayan 46.20 0.2 67,032.6 4.5
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* 12,182.09 (0.0) 2.4 1.1 (0.8) 276.18 178,500.4 12.8 2.0 4.2
Dubai 4,029.20 1.0 0.7 2.7 6.8 256.71 98,774.0 9.3 1.5 5.4
Abu Dhabi 4,589.24 (0.0) 1.6 1.4 1.3 87.13 123,093.9 11.6 1.5 4.9
Saudi Arabia 9,678.75 (0.4) (0.8) (0.1) 16.1 1,639.60 568,214.1 20.3 2.3 2.8
Kuwait 6,313.04 0.2 (0.0) 0.3 (3.4) 60.50 96,518.3 16.0 1.1 4.2
Oman 6,467.70 0.2 1.2 1.3 2.0 10.79 24,707.1 9.3 1.4 4.1
Bahrain 1,362.20 (0.0) (0.3) (0.1) (4.5) 1.22 21,304.2 8.7 0.9 5.2
Source: Bloomberg, Qatar Stock Exchange, Tadawul, Muscat Securities Exchange, Dubai Financial Market and Zawya (** TTM; * Value traded ($ mn) do not include special trades, if any)
11,700
11,800
11,900
12,000
12,100
12,200
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 QSE Index declined marginally to close at 12,182.1. The
Real Estate and Telecoms indices led the losses. The index fell
on the back of selling pressure from non-Qatari and GCC
shareholders despite buying support from Qatari shareholders.
Ahli Bank and Qatar General Insurance & Reinsurance Co. were
the top losers, falling 8.8% and 3.4%, respectively. Among the
top gainers Gulf International Services rose 5.8%, while Qatar
Cinema & Film Distribution Co. was up 3.2%.
Volume of shares traded on Wednesday rose by 63.7% to
20.0mn from 12.2mn on Tuesday. Further, as compared to the
30-day moving average of 16.5mn, volume for the day was
21.0% higher. Ezdan Holding Group and Vodafone Qatar were
the most active stocks, contributing 28.0% and 14.0% to the total
volume, respectively.
Source: Qatar Stock Exchange (* as a % of traded value)
Ratings and Global Economic Data
Ratings Updates
Company Agency Market Type* Old Rating New Rating Rating Change Outlook Outlook Change
Al Khalij Commercial
Bank
Moody’s Qatar LT CRA/ST CRA – A2(cr)/Prime-1(cr) – – –
Barwa Bank Moody’s Qatar LT CRA/ST CRA – A1(cr)/Prime-1(cr) – – –
The Commercial
Bank of Qatar
Moody’s Qatar LT CRA/ST CRA – Aa3(cr)/Prime-1(cr) – – –
Doha Bank Moody’s Qatar LT CRA/ST CRA – A1(cr)/Prime-1(cr) – – –
Masraf Al Rayan Moody’s Qatar LT CRA/ST CRA – A1(cr)/Prime-1(cr) – – –
Qatar International
Islamic Bank
Moody’s Qatar ST CRA – Prime-1(cr) – – –
Qatar National Bank Moody’s Qatar LT CRA/ST CRA – Aa2(cr)/Prime-1(cr) – – –
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, CRA – Counterparty Risk Assessment)
Global Economic Data
Date Market Source Indicator Period Actual Consensus Previous
06/03 US ADP ADP Employment Change May 201K 200K 165K
06/03 US Census Bureau Trade Balance April -$40.9B -$44.0B -$50.6B
06/03 EU Eurostat Unemployment Rate April 11.10% 11.20% 11.20%
06/03 EU Eurostat Retail Sales MoM April 0.70% 0.60% -0.60%
06/03 EU Eurostat Retail Sales YoY April 2.20% 2.00% 1.70%
06/03 EU European Central Bank ECB Main Refinancing Rate 3-June 0.05% 0.05% 0.05%
06/03 EU European Central Bank ECB Deposit Facility Rate 3-June -0.20% -0.20% -0.20%
06/03 EU European Central Bank ECB Marginal Lending Facility 3-June 0.30% 0.30% 0.30%
06/03 UK Markit Markit/CIPS UK Services PMI May 56.5 59.2 59.5
06/03 UK Markit Markit/CIPS UK Composite PMI May 55.8 58.4 58.4
06/03 UK British Retail Consortium BRC Shop Price Index YoY May -1.90% -1.80% -1.90%
06/03 Spain Markit Markit Spain Services PMI May 58.4 59.4 60.3
06/03 Spain Markit Markit Spain Composite PMI May 58.3 58.7 59.1
06/03 Italy Markit Markit/ADACI Italy Services PMI May 52.5 52.8 53.1
06/03 Italy Markit Markit/ADACI Italy Composite PMI May 53.7 53.7 53.9
06/03 China Markit HSBC China Composite PMI May 51.2 – 51.3
06/03 China Markit HSBC China Services PMI May 53.5 – 52.9
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 70.67% 52.59% 154,831,449.69
GCC 3.37% 9.71% (54,179,055.65)
Non-Qatari 25.95% 37.71% (100,652,394.04)
3. Page 3 of 6
News
Qatar
Vodafone Qatar earnings bang in line with our estimate but
continued ARPU erosion due to prepay competition
remains a concern; stay Reduce – Vodafone Qatar (VFQS)
reported a net loss of QR66mn for the quarter ended March
2015, which was right in line with our estimate of QR65mn.
Revenue however dipped 3% QoQ (up 4% YoY) to QR571.2mn
vs. our estimate of QR611.6mn. While mobile subs at 1.444mn
were in line with our estimate of 1.445mn, quarterly ARPU fell
yet again, down 4% QoQ from QR120 to QR115 and a
significant 10% YoY fall from QR128; we had been expecting a
flattish QR120 in ARPU for the March quarter. Profitability
metrics improved with gross margin of 53.5% (3QFY2015:
50.1%/our estimate: 50.1%) and EBITDA margin: 23.5%
(3QFY2015: 21.3%/our estimate: 22.1%) driven by costs
enhancements and scale benefits. Dividends of QR0.21 also in
line with our expectation of QR0.20. This translates into a yield
of 1.3% at yesterday’s close of QR16.73. VFQS declared a
dividend of QR0.17 in FY2014. Still room to fall – management
believes 1QFY2016 top-line will decline YoY. VFQS reported
QR584.8mn in 1Q2015 revenue. This would imply a further
downward adjustment in our model. Pricing pressure in prepay
since June 2014 has taken QR600mn off the mobile market and
has hurt Vodafone disproportionately. New move by ORDS
in postpay will hurt further. VFQ has seen good traction from
the recently introduced Red plan offering 10GB local internet,
unlimited local calls/SMS for QR250/month. However,
competition’s move to cut postpay pricing by 30% (QR55/month
and above for one year) could impact ARPUs further.
Recommendation and valuation: We rate VFQS a Reduce with a
price target of QR14.60. The stock continues to benefit from
buying appetite fueled by the company’s transformation into a
fully Shari’ah-compliant business. However, VFQS remains
expensive at close to 16x FY2018e EV/EBITDA. (QNBFS
Research, Company Financials)
Moody's assigns CR Assessments to seven Qatari banks –
Moody's Investors Service has assigned Counterparty Risk
Assessments (CR Assessments) to seven Qatari banks, in line
with its revised bank rating methodology. Moody's also affirmed
the subordinated debt ratings of two Qatari banks and withdrew
the outlooks on these subordinated instruments for its own
business reasons. The CR Assessments assigned to seven
banks are – Al Khalij Commercial Bank {(A2(cr)/Prime-1(cr)},
Barwa Bank {A1(cr)/Prime-1(cr)}, The Commercial Bank of
Qatar {Aa3(cr)/Prime-1(cr)}, Doha Bank {A1(cr)/Prime-1(cr)},
Masraf Al Rayan {A1(cr)/Prime-1(cr)}, Qatar International Islamic
Bank {Prime-1(cr)} and Qatar National Bank {Aa2(cr)/Prime-
1(cr)}. (GulfBase.com)
ORDS unveils ‘enhanced backup and storage service’ for
businesses – Ooredoo (ORDS) has launched an “enhanced
Managed Backup and Managed Storage service” for businesses
in Qatar. The launch of the combined solution is the latest in a
series of new services targeting Qatar’s small and medium-sized
business sector, as the company continues to enhance the
range of options available for organizations of all sizes. The new
solution is designed as a standardized turnkey solution for
businesses that require remote data protection easily and cost-
effectively, without having to invest in infrastructure. (Gulf-
Times.com)
MERS opens 43rd branch in Jeryan Njeima – Al Meera
Consumer Goods Company (MERS) has opened a new branch
in Jeryan Njeima, a Doha suburb, near the College of North
Atlantic – Qatar, making it the 43rd addition to the supermarket
chain. MERS will have a total of 56 outlets across the country
following the completion of 14 new shopping malls. (Gulf-
Times.com)
MDPS: Visitors to Qatar rise 11% YoY during YTD April 2015
– Qatar’s Ministry of Development Planning & Statistics (MDPS),
in its monthly bulletin, reported that visitors to Qatar increased
by 11.1% YoY during YTD up to April 2015. Visitors from the
GCC countries made up the highest proportion (41.6%) of total
visitors. As per the report, vehicles registered in April 2015
reached 9,937 compared to 11,368 in March 2015. The
country’s population reached 2.343mn in April 2015, up 8.7% as
compared to April 2014, when population attained 2.155mn.
(QSA)
Cabinet reviews draft law to regulate government tenders –
The State Cabinet, at its routine weekly meeting on Wednesday,
referred the draft law on regulating tenders issued by the
government entities (after incorporating the changes
recommended by the Advisory Council) for final approval by the
higher authorities. The draft law, once in force, will apply to all
the ministries, and other government bodies and agencies,
including the authorities and institutions. The cabinet also
endorsed a draft to issue executive regulations or by-laws for
the above-cited draft law. The regulations basically talk of
procedures for bidding, the powers of the tenders & auctions
committees, opening envelopes and payment of insurance
premiums, deciding on bids, framework contracts, two-stage
tendering, restricted tendering, qualifying companies, practice,
competition, direct agreement, contract signing & execution,
sale of items, renting of real estate & movables, classification of
contractors and evaluating their performance among others. The
government will set up one or several committees to float
tenders to award state contracts or conduct auctions or sign
direct agreements with concerned parties to carry out state
contracts. However, the committee or committees will have no
jurisdiction over contracts concerning defense departments or
public security agencies like the police. Further, the draft law will
not apply to Qatar Petroleum as well, and to entities the Cabinet
excludes based on the recommendations of the Ministry of
Finance. (Peninsula Qatar)
International
US trade deficit narrows in April – The US Commerce
Department said that the trade gap narrowed to $40.9bn in April
from March's revised deficit of $50.6bn. The 19.2% drop in the
April trade deficit was the largest decrease since early 2009,
and the deficit was about $3bn less than forecast. Exports
increased 1.0% to $189.9bn in April with foreign sales of US
services edging up to a record high of $60.9bn. Imports fell 3.3%
to $230.8bn as West Coast ports cleared a backlog created by a
labor dispute that was settled earlier in 2015. The trade data
supported the notion that the US economy has recovered
somewhat from a contraction in 1Q2015 and bolstered
expectations the Federal Reserve may consider raising interest
rates later this year. Meanwhile, a report by payrolls processor
ADP showed that private employers added 201,000 jobs in May,
the most since January 2015. (Reuters)
Eurozone retail sales up, unemployment down in April –
According to data published by the European Union's statistics
office Eurostat, eurozone retail sales rose and unemployment
fell in April, adding to signs of economic recovery in the single
currency area. Eurostat said that retail sales in the 19 countries
sharing the euro rose 0.7% MoM and 2.2% YoY in April. Further,
unemployment fell to 11.1% of the workforce in April from a
downwardly revised 11.2% in March as the number of people
without jobs fell by 130,000 people to 17.846mn. The data adds
4. Page 4 of 6
to other signs of economic recovery in the eurozone, which
returned to inflation in May after five months of falling prices and
stagnation, following an acceleration in economic growth in
1Q2015. (Reuters)
OECD cuts global growth forecast, says recovery taking
hold – The Paris-based think tank, Organisation for Economic
Cooperation and Development (OECD) has cut its global
economic growth forecast for 2015 but says it expects lower oil
prices to ensure a gradual recovery, even if weak investment
remains a worry. The global economy is now forecasted to grow
at 3.1% in 2015, down from the 3.7% predicted in November
2014. The OECD said that it expected a rise in pace to global
GDP growth of 3.8% in 2016, with China's heady GDP
expansion rate of recent years tapering to 6.8% in 2015 and
6.7% in 2016, versus 7.4% in 2014. US growth is now seen at
2.0% for 2015, marginally lower than 2.2% in 2014, before
picking up to 2.8% in 2016. The eurozone countries are
expected to post GDP growth of 1.4% in 2015 and 2.1% in
2016, aided by the triple-booster of cheaper oil, European
Central Bank’s asset-buying and the rise in the dollar exchange
rate. (Reuters)
Brazil raise rates for sixth straight time – Brazil has raised
interest rates for the sixth straight time as policy makers work to
convince investors that inflation will reach target. The central
bank increased the benchmark Selic rate by a half percentage
point to 13.75% on Wednesday, the highest since January 2009.
Economists and traders bet that the deepest recession in 25
years will prevent the central bank President, Alexandre Tombini
from raising interest rates as much as needed to slow inflation to
the 4.5% target in 2016. Meanwhile, Tombini has pledged to do
what it takes to meet the goal even as unemployment rises. He
said that the inflation outlook for 2016 has not improved enough.
President Dilma Rousseff’s administration has raised taxes and
cut spending this year to rebuild credibility and help the central
bank tame inflation. (Bloomberg)
Regional
Emaar EC signs SR1.25bn Murabaha deal with Alinma Bank
– Emaar The Economic City (Emaar EC) has signed the
Murabaha agreement with Alinma Bank for SR1.25bn loan. The
loan duration is for eight years from June 3, 2015 to May 31,
2023. The company will use the loan to develop the industrial
valley district in King Abdullah Economic City (KAEC). The
facility is guaranteed by lands within the KAEC. (Tadawul)
SAICO gets SAMA temporary nod for 25 insurance products
– Saudi Arabian Cooperative Insurance Company (SAICO) has
obtained temporary approval from the Saudi Arabian Monetary
Agency (SAMA) to use 25 insurance products for six months
starting from June 1, 2015. (Tadawul)
SAMA green signal to Trade Union for insurance products –
Trade Union Cooperative Insurance Company has obtained
temporary approval from the Saudi Arabian Monetary Agency
(SAMA) to use the motor comprehensive – private, motor
comprehensive – commercial, and motor third party liability
insurance products for three months. (Tadawul)
SAMA extends temporary approval to UCA insurance
products – United Cooperative Assurance Company (UCA) has
obtained the Saudi Arabian Monetary Agency’s (SAMA)
approval for the extension of the temporary approval for its
insurance products. The products include motor – all risks
(commercial), motor third party liability and motor – all risks
(private). UCA will use the products for three months starting
from June 2, 2015 to August 31, 2015. (Tadawul)
Al Alamiya gets SAMA temporary approval extension – Al
Alamiya for Cooperative Insurance Company has obtained the
Saudi Arabian Monetary Agency’s (SAMA) approval for the
extension of the temporary approval for its insurance products.
The products include the comprehensive motor insurance and
motor third party liability insurance. UCA will use the products
for three months starting from June 2, 2015 to August 31, 2015.
(Tadawul)
NCB: Contracts reach SR57.3bn in 1Q2015 in Saudi Arabia
– According to a report released by the National Commercial
Bank (NCB), the value of contracts awarded in Saudi Arabia
reached SR57.3bn in 1Q2015, recording a marginal decrease of
7% on a QoQ basis. The contracts awarded during 1Q2015
reflect the continued strength of the construction industry and
also shows that the Kingdom can afford to keep spending close
to its recent past levels even as oil prices have dipped. The
main contributing sector was health care, accounting for 26% of
awarded contracts at (SR15bn), followed by residential real
estate (SR12bn) and industrial (SR6bn). The Construction
Contracts Index increased to 290.78 points by 1Q2015-end,
from 234.48 points recorded at the end of 2014, yet it is below
the year end peak of 2013’s 465.03 points. (GulfBase.com)
KSA non-oil private sector growth slows to 1-year low In
May – According to a survey conducted jointly by Markit
Economics, Saudi British Bank and HSBC Bank, Saudi Arabia's
non-oil private sector expanded at a slower pace in May 2015,
reaching the lowest since May 2014. The seasonally adjusted
purchasing managers' index (PMI), for the non-oil private sector
fell to 57.0 in May from 58.3 in April. However, any reading
above 50 indicates expansion in the sector. The rate of growth
in the sector was weaker in May with the expansion in activity
was the least marked in four months and below the long-run
trend. New orders increased in May due to deliberate sales
efforts and improving market conditions, although the rate of
growth eased to the weakest since September 2011.
(GulfBase.com)
IMF: Saudi Arabia may issue government bonds in 2015 –
The International Monetary Fund (IMF) said that the Saudi
Arabian government may resume issuing bonds in 2015, easing
downward pressure on the country's foreign reserves caused by
low oil prices. As per the Ministry of Finance data, bond issues
would be a big shift in the Saudi economic policy. Riyadh has
been focusing on paying down its obligations; public debt fell to
SR44.3bn at the end of 2014, or just 1.6% of GDP. However,
the plunge in global oil prices since June 2014 has adversely
affected Saudi oil export revenues. Finance Minister Ibrahim
Alassaf has indicated about the bond issues. The government
last issued a development bond in 2007. (GulfBase.com)
Sedco acquires 40% stake in AlShiaka – Sedco Holding
Group has acquired 40% stake in AlShiaka, a leading Saudi
Arabian men’s clothes designing and making company.
AlShiaka will utilize Sedco’s capital and expertise to drive its
strategic growth. This investment is in line with Sedco’s strategic
approach to invest in new viable ventures in the region.
(GulfBase.com)
ENR: Saudi Arabia PMI declines in May 2015 – According to
the Emirates NBD Research (ENR), Saudi Arabia’s headline
Purchasing Managers’ Index (PMI) declined to 57 in May 2015,
the lowest reading since May 2014. The average PMI reading
during January to May 2015 stood at 58.4, marginally higher
than the 58.2 average over January to May 2014, suggesting
that the pace of growth in the non-oil sector has held up despite
sharply lower oil prices. Output, new orders and new export
orders growth, all slowed in May 2015 as compared to April
5. Page 5 of 6
2015. But the output and new orders sub-indices remained
above 60.0, indicating very strong demand in the Kingdom. The
export orders index eased to 56.7 in May 2015 from 58.9 in April
2015, the lowest reading since June 2014. Slower growth was
also evident in the employment component of the PMI.
(GulfBase.com)
Cylingas completes half of its project in Fujairah – Cylingas,
a subsidiary of Emirates National Oil Company (ENOC), has
achieved a key milestone by completing 50% of its modular
petroleum regeneration and processing plant in Fujairah without
losing time. The plant has a processing capacity of 7,500 barrels
per day (bpd) while the storage tank terminal has a capacity of
101,000 cubic meters, making it a significant third party contract
for Cylingas. (GulfBase.com)
NBAD to meet investors for potential capital-boosting bond
– National Bank of Abu Dhabi (NBAD) is planning to meet its
fixed income investors ahead of a potential dollar-denominated
capital-boosting bond issue. NBAD will meet investors in Asia
and Europe, and would issue a bond during the course of 2015
subject to market conditions. The bond issue, rated six notches
lower than the lender's rating at Baa3/BBB- by Moody's and
Standard and Poor's respectively, will boost the NBAD’s Tier 1
(core) capital. (Reuters)
Emaar Properties beachfront project to cost AED10bn – The
state-run WAM news agency has reported that Emaar
Properties' mixed-use beachfront development in Dubai's Al
Mamzar district is expected to have a preliminary cost of
AED10bn. The project, announced in 2014 in cooperation with
the Dubai Municipality, will have 4,000 residential units, 300
hotel rooms, and 250,000 square meters of retail outlets.
(Reuters)
IAF arranges financing for DIL – Integrated Alternative
Finance (IAF), a subsidiary of Abu Dhabi Financial Group
(ADFG), has structured and financed a mezzanine debt facility
for Downtown Investments Limited (DIL), the owner of the Taj
Dubai, located in prime Downtown Dubai. The facility for DIL
was structured alongside senior debt provided by five regional
lenders and equity provided by DIL’s parent with a total project
cost of AED700mn. (GulfBase.com)
Aldar to launch sale for Meera Shams Abu Dhabi – Aldar
Properties will launch sales for its Meera residential
development in Shams Abu Dhabi on Reem Island at a two-day
sales event at the Crowne Plaza Abu Dhabi, Yas Island during
June 13-14, 2015. Meera features two 26-storey towers with 408
apartments. One, two and three-bedroom apartments are priced
at AED900,000, AED1.2mn and AED1.6mn, respectively. (ADX)
Warba Bank to acquire auto finance portfolio from AMIFC –
Warba Bank has signed a bond with Al Mulla International
Finance Company (AMIFC) to acquire an auto financing portfolio
of a cumulative value of KD20mn with a profit sharing
arrangement. This transaction reaffirms Warba’s proven strategy
of collaborating with local companies’ across different sectors,
which is Shari’ah-compliant. (GulfBase.com)
NBO launches contactless payments in Oman, oil price
slump will not affect banking sector – National Bank of Oman
(NBO) has launched a pilot project for contactless payment,
which made it the first bank in Oman to introduce the cutting-
edge technology. The new scheme, which is the result of joint
efforts by NBO and MasterCard, will allow customers to make
payments for small ticket items at the checkout, without the
need to enter a PIN or sign a receipt. The bank said during the
pilot project, contactless card holders will be able to purchase
items costing less than OMR10 with a simple tap of their card.
Meanwhile, NBO CEO Ahmed Al Musalmi said a decline in
crude prices is not expected to have any major impact on the
banking sector in Oman in the near future. However, if low oil
prices persist, the overall economy will be affected. He said the
sector would remain unaffected, at least for 2015 and 2016. The
good thing about Oman is a very low level of debt, he added.
(GulfBase.com)
PDO to lift oil output to 600,000 bpd before 2019 – Petroleum
Development Oman (PDO) MD Raoul Restucci has said that the
company may increase its crude production to 600,000 barrels
per day (bpd) before 2019. Earlier, in May 2015, PDO
announced its plans to increase production by 5% to an average
of 600,000 bpd for 10 years from 2019. PDO is spending half of
its $40bn planned investment in projects over the next five
years. (GulfBase.com)
OPWP targets 5% cut in power sector gas consumption in
2015, plans five IWPs – Oman Power & Water Procurement
Company (OPWP) is targeting a 5% reduction in the
consumption of natural gas by the nation’s power sector in 2015.
The move is part of a slate of strategic initiatives, which include
plans for a number of major power and water schemes, outlined
for tendering and implementation during 2015. Meanwhile,
OPWP is planning to initiate tendering processes for developing
five new Independent Water Projects (IWPs) in 2015 and 2016
to meet increasing demand for domestic potable water.
(GulfBase.com)
6. Contacts
Saugata Sarkar Sahbi Kasraoui QNB Financial Services SPC
Head of Research Head of HNI Contact Center: (+974) 4476 6666
Tel: (+974) 4476 6534 Tel: (+974) 4476 6544 PO Box 24025
saugata.sarkar@qnbfs.com.qa sahbi.alkasraoui@qnbfs.com.qa Doha, Qatar
Disclaimer and Copyright Notice: This publication has been prepared by QNB Financial Services SPC (“QNBFS”) a wholly-owned subsidiary of QNB SAQ (“QNB”). QNBFS is regulated by the
Qatar Financial Markets Authority and the Qatar Exchange QNB SAQ is regulated by the Qatar Central Bank. This publication expresses the views and opinions of QNBFS at a given time only. It is
not an offer, promotion or recommendation to buy or sell securities or other investments, nor is it intended to constitute legal, tax, accounting, or financial advice. QNBFS accepts no liability
whatsoever for any direct or indirect losses arising from use of this report. Any investment decision should depend on the individual circumstances of the investor and be based on specifically
engaged investment advice. We therefore strongly advise potential investors to seek independent professional advice before making any investment decision. Although the information in this report
has been obtained from sources that QNBFS believes to be reliable, we have not independently verified such information and it may not be accurate or complete. QNBFS does not make any
representations or warranties as to the accuracy and completeness of the information it may contain, and declines any liability in that respect. For reports dealing with Technical Analysis,
expressed opinions and/or recommendations may be different or contrary to the opinions/recommendations of QNBFS Fundamental Research as a result of depending solely on the historical
technical data (price and volume). QNBFS reserves the right to amend the views and opinions expressed in this publication at any time. It may also express viewpoints or make investment
decisions that differ significantly from, or even contradict, the views and opinions included in this report. This report may not be reproduced in whole or in part without permission from QNBFS
COPYRIGHT: No part of this document may be reproduced without the explicit written permission of QNBFS.
Page 6 of 6
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
200.0
220.0
May-11 May-12 May-13 May-14 May-15
QSE Index S&P Pan Arab S&P GCC
(0.4%)
(0.0%)
0.2%
(0.0%)
0.2%
(0.0%)
1.0%
(0.8%)
(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 1,185.05 (0.7) (0.5) 0.0 MSCI World Index 1,789.91 0.4 0.6 4.7
Silver/Ounce 16.54 (1.5) (1.3) 5.3 DJ Industrial 18,076.27 0.4 0.4 1.4
Crude Oil (Brent)/Barrel (FM
Future)
63.80 (2.6) (2.7) 11.3 S&P 500 2,114.07 0.2 0.3 2.7
Crude Oil (WTI)/Barrel (FM
Future)
59.64 (2.6) (1.1) 12.0 NASDAQ 100 5,099.23 0.4 0.6 7.7
Natural Gas (Henry
Hub)/MMBtu
2.63 0.4 (0.3) (12.0) STOXX 600 395.93 0.6 1.6 7.5
LPG Propane (Arab Gulf)/Ton 41.25 (9.1) (6.5) (15.8) DAX 11,419.62 1.5 2.6 7.8
LPG Butane (Arab Gulf)/Ton 57.00 (3.8) 0.9 (9.2) FTSE 100 6,950.46 0.1 (0.1) 4.1
Euro 1.13 1.1 2.6 (6.8) CAC 40 5,034.17 1.3 3.1 9.6
Yen 124.25 0.1 0.1 3.7 Nikkei 20,473.51 (0.6) (0.7) 12.7
GBP 1.53 (0.0) 0.3 (1.5) MSCI EM 995.83 (0.4) (0.8) 4.1
CHF 1.07 (0.1) 0.7 6.5 SHANGHAI SE Composite 4,909.98 0.2 6.5 52.2
AUD 0.78 0.2 1.9 (4.7) HANG SENG 27,657.47 0.7 0.9 17.2
USD Index 95.47 (0.4) (1.5) 5.8 BSE SENSEX 26,837.20 (2.0) (4.2) (3.8)
RUB 54.30 2.8 3.8 (10.6) Bovespa 53,522.91 (1.2) 3.3 (9.3)
BRL 0.32 (0.2) 1.4 (15.5) RTS 947.28 (2.7) (2.2) 19.8
175.1
142.4
129.2