The QE index in Qatar rose 0.7% led by gains in the banking and insurance indices. Widam Food Co. and Medicare Group were the top gainers rising 7% and 3.9% respectively, while Qatar Cinema & Film Dist. Co. fell 4% and was a top loser. Trading volume fell 28.5% compared to the previous day. The document also provides market summaries for other GCC countries and company earnings releases.
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 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%.
QNBFS Daily Market Report November 20, 2018QNB Group
The QSE Index in Qatar rose 1.0% led by gains in the real estate and telecom indices. Ezdan Holding Group and Qatar Cinema & Film Distribution Company were the top gainers rising 4.8% and 3.8% respectively, while Qatar Fuel Company fell 4.2%. Regional indices in other Gulf markets also rose except for Bahrain which fell 0.3%. Fitch Solutions said the Qatar Central Bank may raise interest rates to defend its currency peg to the US dollar as the US Federal Reserve continues tightening monetary policy.
The QE index in Qatar declined 0.3% on the day due to selling pressure from Qatari shareholders despite buying from non-Qatari shareholders. Qatari Investors Group and Widam Food Co. were the top losers, falling over 9% and 4.5% respectively. In other markets, indices were mixed with Abu Dhabi up 0.6% while Dubai fell 0.6%. Regionally, US oil production is expected to rise by 1 million barrels per day this year to record levels. European economic growth is also expected to pick up in 2014 after overcoming the crisis in 2013.
The QE index in Qatar declined slightly by 0.1% led by losses in the insurance and industrial indices. Top losers were Qatar Cinema & Film Dist. Co. and Qatar Electricity & Water Co. which fell by 1.8% and 1.0% respectively. Trading activity increased compared to the previous day but remained below the 30-day average. Regional indices were mixed with Saudi Arabia and Dubai rising while Bahrain declined. News items highlighted Qatar's growing trade surplus in August driven by LNG exports, a directive to support Qatar Airways, and mixed quarterly earnings results from various Qatari companies.
- The QSE Index in Qatar declined 0.4% due to losses in the real estate and insurance indices. Indices also fell in other GCC countries such as Saudi Arabia, Dubai, and Abu Dhabi.
- Volume of shares traded in Qatar fell 23.4% compared to the previous day and 81.3% lower than the 30-day average, reflecting an overall decline in trading across GCC exchanges.
- Widam Food Co. and Dlala Brokerage were the top losers in Qatar, while Qatar Electricity & Water Co. saw gains. Crude oil and gas prices continued to negatively impact Qatari and GCC market indices and producer prices.
The QE index in Qatar declined slightly by 0.1% due to losses in the consumer goods and real estate sectors. Zad Holding and Gulf International Services were the top losers. Regional markets were mixed with Saudi Arabia and Oman gaining while Kuwait declined. Central bank news included plans for a QR4 billion bond issuance in Qatar and efforts to increase foreign ownership limits in listed Qatari companies.
The QSE Index declined slightly, led by losses in the telecom and insurance indices. Qatar National Cement and Qatari Investors Group were the top losers. In positive news, Qatar German Co for Medical Devices rose 10% and Ezdan Holding Group rose 3%. Overall trading volume increased compared to the previous day and 30-day average. The Prime Minister of Qatar expressed support for the local manufacturing sector and plans to increase transparency for companies. Other news included plans for more high-rise buildings to address housing demand, an increase in Qatar Primary Materials Company's capacity, and Al Rayan Bank's potential expansion to Europe.
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 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%.
QNBFS Daily Market Report November 20, 2018QNB Group
The QSE Index in Qatar rose 1.0% led by gains in the real estate and telecom indices. Ezdan Holding Group and Qatar Cinema & Film Distribution Company were the top gainers rising 4.8% and 3.8% respectively, while Qatar Fuel Company fell 4.2%. Regional indices in other Gulf markets also rose except for Bahrain which fell 0.3%. Fitch Solutions said the Qatar Central Bank may raise interest rates to defend its currency peg to the US dollar as the US Federal Reserve continues tightening monetary policy.
The QE index in Qatar declined 0.3% on the day due to selling pressure from Qatari shareholders despite buying from non-Qatari shareholders. Qatari Investors Group and Widam Food Co. were the top losers, falling over 9% and 4.5% respectively. In other markets, indices were mixed with Abu Dhabi up 0.6% while Dubai fell 0.6%. Regionally, US oil production is expected to rise by 1 million barrels per day this year to record levels. European economic growth is also expected to pick up in 2014 after overcoming the crisis in 2013.
The QE index in Qatar declined slightly by 0.1% led by losses in the insurance and industrial indices. Top losers were Qatar Cinema & Film Dist. Co. and Qatar Electricity & Water Co. which fell by 1.8% and 1.0% respectively. Trading activity increased compared to the previous day but remained below the 30-day average. Regional indices were mixed with Saudi Arabia and Dubai rising while Bahrain declined. News items highlighted Qatar's growing trade surplus in August driven by LNG exports, a directive to support Qatar Airways, and mixed quarterly earnings results from various Qatari companies.
- The QSE Index in Qatar declined 0.4% due to losses in the real estate and insurance indices. Indices also fell in other GCC countries such as Saudi Arabia, Dubai, and Abu Dhabi.
- Volume of shares traded in Qatar fell 23.4% compared to the previous day and 81.3% lower than the 30-day average, reflecting an overall decline in trading across GCC exchanges.
- Widam Food Co. and Dlala Brokerage were the top losers in Qatar, while Qatar Electricity & Water Co. saw gains. Crude oil and gas prices continued to negatively impact Qatari and GCC market indices and producer prices.
The QE index in Qatar declined slightly by 0.1% due to losses in the consumer goods and real estate sectors. Zad Holding and Gulf International Services were the top losers. Regional markets were mixed with Saudi Arabia and Oman gaining while Kuwait declined. Central bank news included plans for a QR4 billion bond issuance in Qatar and efforts to increase foreign ownership limits in listed Qatari companies.
The QSE Index declined slightly, led by losses in the telecom and insurance indices. Qatar National Cement and Qatari Investors Group were the top losers. In positive news, Qatar German Co for Medical Devices rose 10% and Ezdan Holding Group rose 3%. Overall trading volume increased compared to the previous day and 30-day average. The Prime Minister of Qatar expressed support for the local manufacturing sector and plans to increase transparency for companies. Other news included plans for more high-rise buildings to address housing demand, an increase in Qatar Primary Materials Company's capacity, and Al Rayan Bank's potential expansion to Europe.
The document summarizes daily market activity and commentary for the Qatar Stock Exchange (QSE) and other Gulf Cooperation Council (GCC) exchanges. On the QSE, the index rose 0.7% as real estate and insurance indices increased. Top gainers were Widam Food Co. and Qatar German Co. for Medical Devices. Regional markets were mixed with Saudi Arabia and Kuwait up over 1%, while Abu Dhabi fell slightly. Earnings reports and other news items are also summarized.
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 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%.
The QE index rose 0.1% to close at 11,885.8, led by gains in the telecom and industrial indices. Gulf Warehousing Co. and Qatar National Cement Co. were the top gainers, rising 3.3% and 3.1% respectively, while Widam Food Co. fell 10.0% and Qatar Cinema & Film Distribution Co. declined 5.4%. Trading volume fell 45.3% compared to the previous day and was 18.1% lower than the 30-day moving average. Regional indices were mixed with Qatar, Bahrain, Saudi Arabia rising while Dubai, Abu Dhabi, Kuwait, Oman fell. Earnings news included GISS
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 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.
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
QNBFS Daily Market Report September 30, 2021QNB Group
The QE Index in Qatar rose 0.4% driven by gains in the transportation and telecom sectors. Zad Holding Company and Qatar Navigation were the top gainers rising 1.5% each. Regional indices were mixed with Saudi Arabia up marginally but Dubai and Abu Dhabi down. Qatar Petroleum signed a 15-year deal to supply China's CNOOC with LNG. The Qatar central bank governor said there is no immediate need for a retail digital currency in Qatar.
The QE index in Qatar declined 2.3% led by losses in the transportation and real estate indices. Top losers were Qatar Cinema & Film Dist. Co. and Islamic Holding Group, falling 8.7% and 8.4% respectively, while Qatar General Ins. & Rein. Co. rose 1.2%. Trading volume on the Qatar exchange rose 55.7% compared to the 30-day average. Regional indices were mixed with Saudi Arabia up 0.4% while Oman fell 3.0%.
The document summarizes stock market activity in Qatar and other GCC countries on June 13, 2018. It notes that the QSE Index declined 0.9% in Qatar, led by losses in the Industrials and Real Estate indices. Qatar Cinema & Film Distribution and Qatar Industrial Manufacturing were the top losers, falling 9.0% and 4.2% respectively, while Qatar Gas Transport gained 3.9%. Other GCC markets were mixed, with Abu Dhabi down 2.1% but Kuwait up 0.3%. The document also provides commentary on company news and economic data.
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 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 QE index in Qatar rose 0.9% led by gains in the banking and transportation indices. Gulf International Services and Qatar Meat & Livestock Co. were the top gainers rising 4.2% and 2.6% respectively, while Mannai Corp fell 3.4%. Regional indices were mixed with gains in Dubai, Abu Dhabi and Oman, but losses in Kuwait. Global economic data was mixed as US GDP growth met expectations but pending home sales rose more than forecast.
- The QSE Index declined 0.4% led by losses in the Telecom and Real Estate indices. United Development Co. and Gulf International Services were the top losers falling 3.1% and 2.5% respectively.
- Trading volume rose 1.8% compared to the previous day, with Ezdan Holding Group and Qatar German Co. for Medical Devices being the most active stocks.
- Qatar's trade surplus declined 50% YoY in 1Q2015 due to lower energy export values and higher import values of machinery, manufactured goods, food and animals. Exports fell 38% YoY and imports rose 11.4% YoY.
QNBFS Daily Market Report October 04, 2020QNB Group
The QE Index rose 0.2% to close at 10,005.9 led by gains in the consumer goods and real estate indices. Medicare Group and Qatari German Company for Medical Devices were the top gainers rising 10% each. Trading volume fell 1.6% to 239mn shares. Regionally, indices were mixed with Saudi Arabia and Abu Dhabi falling while Dubai rose. Moody's affirmed Qatar's credit ratings at Aa3 with a stable outlook, noting higher expected LNG output and lower spending would mitigate risks from regional tensions or lower oil prices.
The QE index in Qatar declined 0.7% due to losses in the real estate and transportation indices. Top losers were Dlala Brok. & Inv. Holding Co. and United Development Co., falling 2.8% and 2.6% respectively. In other GCC markets, the indices in Saudi Arabia and Abu Dhabi increased while the rest declined. Regional economic data and company news are also included in the daily market commentary report.
The QE index in Qatar declined 1.2% led by losses in the telecom and banking indices. Top losers were Medicare Group and QNB Group. Regional indices were mixed with Saudi Arabia and Bahrain rising while Dubai and Kuwait declined. Globally, US initial jobless claims declined while housing starts rose above estimates. The Qatar Central Bank sent draft Basel III capital rules to banks and Ashghal plans to complete an effluent plant by 4Q2013.
The QSE Index in Qatar declined 0.3% led by losses in the Industrials and Telecoms indices. Industries Qatar and Aamal Co. were the top losers. Qatar General Insurance & Reinsurance Co. rose 6.2% and was among the top gainers. Trading volume rose 15.3% but was 33.7% lower than the 30-day moving average. The document also provides stock market commentary and performance summaries for other GCC countries including Saudi Arabia, Dubai, Abu Dhabi, Kuwait, Oman and Bahrain. It discusses Qatar-related news including a 74% rise in Qatar's trade surplus in February and planned increases to Qatar's office space market by 2019.
1) The document is a monthly newsletter providing market updates for the MENA region for the month of July 2009.
2) Key market indices in the region showed mixed performance for the month, with Saudi Arabia and UAE indices up over 3% while Kuwait and Morocco saw declines of over 5%.
3) Updates are provided on market performance, macroeconomic news, government regulations and policies, and company deals and events for major countries in the region including Saudi Arabia and Kuwait.
This document provides an economic brief and outlook for the United Arab Emirates (UAE) in 2011. It finds that while the UAE economy experienced a contraction in 2009 due to the global financial crisis, the recovery is now gaining strength. Growth will depend on the pace of the global recovery and the slowdown in the real estate sector. Both Abu Dhabi and Dubai contribute significantly to GDP, through oil production and infrastructure spending in Abu Dhabi and trade and business in Dubai. The document examines sectors like GDP, public finance, banking, and population trends to analyze the UAE economy.
The document summarizes daily market activity and commentary for the Qatar Stock Exchange (QSE) and other Gulf Cooperation Council (GCC) exchanges. On the QSE, the index rose 0.7% as real estate and insurance indices increased. Top gainers were Widam Food Co. and Qatar German Co. for Medical Devices. Regional markets were mixed with Saudi Arabia and Kuwait up over 1%, while Abu Dhabi fell slightly. Earnings reports and other news items are also summarized.
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 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%.
The QE index rose 0.1% to close at 11,885.8, led by gains in the telecom and industrial indices. Gulf Warehousing Co. and Qatar National Cement Co. were the top gainers, rising 3.3% and 3.1% respectively, while Widam Food Co. fell 10.0% and Qatar Cinema & Film Distribution Co. declined 5.4%. Trading volume fell 45.3% compared to the previous day and was 18.1% lower than the 30-day moving average. Regional indices were mixed with Qatar, Bahrain, Saudi Arabia rising while Dubai, Abu Dhabi, Kuwait, Oman fell. Earnings news included GISS
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 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.
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
QNBFS Daily Market Report September 30, 2021QNB Group
The QE Index in Qatar rose 0.4% driven by gains in the transportation and telecom sectors. Zad Holding Company and Qatar Navigation were the top gainers rising 1.5% each. Regional indices were mixed with Saudi Arabia up marginally but Dubai and Abu Dhabi down. Qatar Petroleum signed a 15-year deal to supply China's CNOOC with LNG. The Qatar central bank governor said there is no immediate need for a retail digital currency in Qatar.
The QE index in Qatar declined 2.3% led by losses in the transportation and real estate indices. Top losers were Qatar Cinema & Film Dist. Co. and Islamic Holding Group, falling 8.7% and 8.4% respectively, while Qatar General Ins. & Rein. Co. rose 1.2%. Trading volume on the Qatar exchange rose 55.7% compared to the 30-day average. Regional indices were mixed with Saudi Arabia up 0.4% while Oman fell 3.0%.
The document summarizes stock market activity in Qatar and other GCC countries on June 13, 2018. It notes that the QSE Index declined 0.9% in Qatar, led by losses in the Industrials and Real Estate indices. Qatar Cinema & Film Distribution and Qatar Industrial Manufacturing were the top losers, falling 9.0% and 4.2% respectively, while Qatar Gas Transport gained 3.9%. Other GCC markets were mixed, with Abu Dhabi down 2.1% but Kuwait up 0.3%. The document also provides commentary on company news and economic data.
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 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 QE index in Qatar rose 0.9% led by gains in the banking and transportation indices. Gulf International Services and Qatar Meat & Livestock Co. were the top gainers rising 4.2% and 2.6% respectively, while Mannai Corp fell 3.4%. Regional indices were mixed with gains in Dubai, Abu Dhabi and Oman, but losses in Kuwait. Global economic data was mixed as US GDP growth met expectations but pending home sales rose more than forecast.
- The QSE Index declined 0.4% led by losses in the Telecom and Real Estate indices. United Development Co. and Gulf International Services were the top losers falling 3.1% and 2.5% respectively.
- Trading volume rose 1.8% compared to the previous day, with Ezdan Holding Group and Qatar German Co. for Medical Devices being the most active stocks.
- Qatar's trade surplus declined 50% YoY in 1Q2015 due to lower energy export values and higher import values of machinery, manufactured goods, food and animals. Exports fell 38% YoY and imports rose 11.4% YoY.
QNBFS Daily Market Report October 04, 2020QNB Group
The QE Index rose 0.2% to close at 10,005.9 led by gains in the consumer goods and real estate indices. Medicare Group and Qatari German Company for Medical Devices were the top gainers rising 10% each. Trading volume fell 1.6% to 239mn shares. Regionally, indices were mixed with Saudi Arabia and Abu Dhabi falling while Dubai rose. Moody's affirmed Qatar's credit ratings at Aa3 with a stable outlook, noting higher expected LNG output and lower spending would mitigate risks from regional tensions or lower oil prices.
The QE index in Qatar declined 0.7% due to losses in the real estate and transportation indices. Top losers were Dlala Brok. & Inv. Holding Co. and United Development Co., falling 2.8% and 2.6% respectively. In other GCC markets, the indices in Saudi Arabia and Abu Dhabi increased while the rest declined. Regional economic data and company news are also included in the daily market commentary report.
The QE index in Qatar declined 1.2% led by losses in the telecom and banking indices. Top losers were Medicare Group and QNB Group. Regional indices were mixed with Saudi Arabia and Bahrain rising while Dubai and Kuwait declined. Globally, US initial jobless claims declined while housing starts rose above estimates. The Qatar Central Bank sent draft Basel III capital rules to banks and Ashghal plans to complete an effluent plant by 4Q2013.
The QSE Index in Qatar declined 0.3% led by losses in the Industrials and Telecoms indices. Industries Qatar and Aamal Co. were the top losers. Qatar General Insurance & Reinsurance Co. rose 6.2% and was among the top gainers. Trading volume rose 15.3% but was 33.7% lower than the 30-day moving average. The document also provides stock market commentary and performance summaries for other GCC countries including Saudi Arabia, Dubai, Abu Dhabi, Kuwait, Oman and Bahrain. It discusses Qatar-related news including a 74% rise in Qatar's trade surplus in February and planned increases to Qatar's office space market by 2019.
1) The document is a monthly newsletter providing market updates for the MENA region for the month of July 2009.
2) Key market indices in the region showed mixed performance for the month, with Saudi Arabia and UAE indices up over 3% while Kuwait and Morocco saw declines of over 5%.
3) Updates are provided on market performance, macroeconomic news, government regulations and policies, and company deals and events for major countries in the region including Saudi Arabia and Kuwait.
This document provides an economic brief and outlook for the United Arab Emirates (UAE) in 2011. It finds that while the UAE economy experienced a contraction in 2009 due to the global financial crisis, the recovery is now gaining strength. Growth will depend on the pace of the global recovery and the slowdown in the real estate sector. Both Abu Dhabi and Dubai contribute significantly to GDP, through oil production and infrastructure spending in Abu Dhabi and trade and business in Dubai. The document examines sectors like GDP, public finance, banking, and population trends to analyze the UAE economy.
3 portugal global maio2012_opera - design mattersmiguelpmelo
A empresa de arquitetura Opera Design Matters está se expandindo globalmente com escritórios em vários países. Suas parcerias com grandes empresas internacionais potencializam novas oportunidades e projetos em diferentes locais. A arquitetura portuguesa é mundialmente reconhecida e ajuda a empresa a exportar conhecimento e qualidade, apesar da falta de apoio institucional para explorar todo o potencial deste setor em Portugal.
The QE index in Qatar declined 0.2% led by declines in the real estate and transportation indices. United Development Co. and Barwa Real Estate Co. were the top losers. The declines occurred despite buying support from Qatari shareholders as non-Qatari shareholders were selling. Volume traded on the QE exchange declined nearly 28% compared to its 30-day moving average. Meanwhile, indices in other GCC markets were mixed with Saudi Arabia down 0.3% while Dubai and Oman rose 0.5% and 0.7% respectively. Global economic data showed initial US jobless claims were lower than expected and US GDP growth was confirmed at an annualized 2.5% for Q2 2013.
Este documento resume os esforços de uma equipe para desenvolver um modelo de negócios para promover e internacionalizar arquitetos portugueses. A equipe realizou entrevistas com arquitetos, validou hipóteses sobre suas necessidades e desenvolveu soluções iniciais. Os próximos passos incluem continuar as entrevistas, aprimorar materiais de marketing e identificar mercados alvos.
The QE index in Qatar rose 0.3% led by gains in the Industrials and Banking indices. Gulf International Services and Industries Qatar were the top gainers, while Zad Holding and Qatar Islamic Bank declined the most. Trading volume fell 33.9% compared to the previous day but was higher than the 30-day average. Non-Qatari investors were net buyers while Qatari investors were net sellers. QNB Group reported a 13.7% rise in annual profit and Qatar's inflation fell to 2.7% year-over-year in December, with rental inflation at its lowest since February 2013.
The document provides a daily technical analysis of stocks traded on the Qatar stock exchange. It analyzes the performance of the QSE Index, two stocks (IQCD and CBQK), and provides commentary on market indicators. The QSE Index rebounded from support and is expected to trade between 13,500-13,800. IQCD bounced off strong support at 188 QR and is expected to reach 191.50-194 QR. CBQK also bounced off support at 73 QR and may reach 74.60-75 QR. Overall trading volumes were low on the exchange.
Este documento presenta una introducción a las redes locales básicas. Explica que una red es un conjunto de computadoras conectadas a través de un medio de transmisión para compartir información. Brevemente describe la historia de las redes de comunicaciones y los conceptos clave como señales analógicas y digitales, medios de transmisión, modulación y multiplexación.
This document lists festivals and holidays celebrated in Spain throughout the year. In January, New Year's Day and Three Wise Men Day are celebrated. In February, Carnival is celebrated the week before Lent. Holy Week and Easter are celebrated in March and April. May Day and Mother's Day are observed in May. In June, the village of San Pedro Manrique celebrates the fire walkers. Saint John's Day is celebrated in Soria in June. Santiago Day is celebrated in July. The Assumption of Mary is celebrated in August. Hispanic Day and All Saints' Day are in October and November. The Constitution Day and festivals of the Virgin Mary, Christmas, and New Year's Eve are celebrated in December.
This document discusses studies of the Bolin and Morgan Creek watersheds in North Carolina. It outlines the goals of assessing stream health, identifying water quality and habitat stressors, and finding sources of pollution. Biological and water quality sampling methods are described, including the collection of insects, fish, algae, and water samples. The results found some concerns like low dissolved oxygen, metals like copper, and pesticides, but nutrients were generally okay. Assessments also identified needs like erosion control and riparian buffer restoration. Ongoing monitoring is recommended to track long term trends in stream health.
Este documento descreve uma pesquisa realizada com alunos da 5a série do ensino fundamental sobre leitura e interpretação de textos científicos. A pesquisa apresenta um texto sobre as transformações do planeta Terra ao longo do tempo e questionários aplicados antes e depois da leitura. Os resultados indicaram que os alunos têm dificuldades com leitura e interpretação de textos científicos.
Nik Shepheard, founder of Kiteboard for Life Australia, gives presentations on depression to raise awareness and reduce stigma. His presentations cover recognizing symptoms of depression, seeking help, and how exercise like kiteboarding can help manage it. Feedback from radio hosts and emergency service groups praised Nik's professional and engaging style in discussing his own battles with depression and the charity's efforts to support mental health.
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 QSE Index in Qatar rose 0.8% led by gains in the real estate and telecom indices. Saudi Arabia's TASI index rose 1.8% led by petrochemical and industrial investment indices. Indices in Dubai, Abu Dhabi, Kuwait, Oman and Bahrain also rose modestly. Trading activity increased significantly in Qatar with volume up 43.5% and value traded rising 28.2% compared to the previous day. Top gainers were Qatar German Co for Medical Devices and Aamal Co, while top loser was Salam International Investment Co.
The QE index in Qatar declined 0.4% led by losses in the telecom and real estate indices. Ezdan Holding Group and Ooredoo were the top losers falling 3.4% and 3.0% respectively. In other GCC markets, indices in Saudi Arabia and Dubai fell while Abu Dhabi and Kuwait rose marginally. Global economic data showed mixed signals with UK unemployment falling but wages and Spanish home sales rising less than expected.
The QSE Index declined 0.2% with losses led by the Insurance and Telecom indices. Top losers were Qatar Insurance Co. and Vodafone Qatar. Top gainers included Qatar German Co for Medical Devices and Mannai Corp. Trading activity rose but volume was lower than the 30-day average. The document also provides stock market commentary and data for other GCC countries and global economic indicators.
The QSE Index declined 0.2% with losses led by the Insurance and Telecom indices. Top losers were Qatar Insurance Co. and Vodafone Qatar. The GCC markets were mixed with Saudi Arabia and Kuwait down while Oman was flat. Global economic data was released from the US, UK and EU showing housing starts in the US fell more than expected while UK CPI came in line with estimates. In Qatar news, private wealth in equities is forecast to grow 15% annually, foreign ownership of ERES was raised to 49%, and real estate trades reached QR1.3bn last week.
The QSE Index declined 0.2% with losses led by the Insurance and Telecom indices. Top losers were Qatar Insurance Co. and Vodafone Qatar. Top gainers included Qatar German Co for Medical Devices and Mannai Corp. Trading activity rose but volume was lower than the 30-day average. The document also provides stock market commentary and data for other GCC countries and global economic indicators.
The QSE Index rose marginally to close at 10,157.4, led by gains in the Telecom and Consumer Goods & Services indices. Gulf Warehousing Co. and Doha Insurance Co. were the top gainers while Qatar Cinema & Film Distribution Co. and Qatar German Co. for Medical Devices declined the most. Trading volume increased 45.3% compared to the previous day. Among other regional exchanges, Saudi Arabia's TASI Index fell 0.9% while Dubai's DFM Index gained 0.1% and Abu Dhabi's ADX benchmark rose 0.7%.
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.
QNBFS Daily Market Report August 09, 2016QNB Group
The QSE Index rose 1.2% led by gains in the Banks & Financial Services and Telecoms indices. Vodafone Qatar and United Development Co. were the top gainers rising 6.0% and 3.6% respectively, while Doha Insurance Co. fell 4.5%. Regional markets were mixed with Saudi Arabia and Kuwait rising while Dubai and Bahrain fell. Company earnings news included MERS reporting a 7.2% rise in net profit for 2Q2016 and Doha Insurance reporting a loss versus a profit in the previous period.
The QE index in Qatar rose 1.3% led by gains in the transportation and real estate indices. Al Khalij Commercial Bank and Ezdan Holding Group were the top gainers rising 10.0% and 9.9% respectively. Volume traded fell by 2.7% but was 133.1% higher than the 30-day moving average. Qatar Gas Transport Co. and Vodafone Qatar were the most active stocks. KCBK reported a 28.5% drop in 1Q2014 net profit year-over-year mainly due to lower fees and commissions and muted investment income, despite a 12.4% rise in net interest income. Qatar Gas Transport expanded its LNG fleet through a joint
QNBFS Daily Market Report August 14, 2018QNB Group
The QSE Index declined 0.8% on Monday led by losses in the Banks & Financial Services and Real Estate indices. QNB Group and Gulf Warehousing Company were the top losers. Trading volume rose by 14.2% compared to the previous day but was 31.4% lower than the 30-day moving average. Regional indices also declined except for Abu Dhabi which fell 0.9%. Qatar's current account balance swung to a surplus of QR23.4bn in 2017 from a deficit in 2016 due to higher energy prices and a rise in exports.
- The QE index in Qatar declined marginally to close at 13,075.4 due to losses in the banking and telecom sectors. Top losers were Widam Food Co. and Qatar German Co. for Med. Dev.
- Regional indices were mixed with Saudi Arabia and Abu Dhabi rising while Oman and Bahrain declined.
- Earnings news included IQCD reporting a net profit of QR1.25bn for 2Q2014, missing estimates due to fertilizer plant shutdowns and lower steel profits.
The QE index in Qatar rose 0.7% led by gains in the consumer goods and banking indices. Qatar Fuel Co. and Doha Bank were the top gainers rising 4.2% and 2.8% respectively. Volume traded declined 2.0% from the previous day but was 4.0% higher than the 30-day moving average. In other GCC markets, indices rose between 0.1-1.3% with the exception of Bahrain which declined 0.1%.
The QSE Index rose 0.5% led by gains in the Insurance and Transportation indices. Qatar Navigation and Qatar Insurance Company were the top gainers rising 3.3% and 2.1% respectively, while Mannai Corporation fell 3.0%. Regional indices were mixed with Saudi Arabia and Kuwait rising while Abu Dhabi fell. Fitch upgraded Doha Bank's outlook to stable and Qatari FDI rose 27% in 2017, showing investor confidence remains intact despite diplomatic issues. Analysts expect Qatar's economy to grow around 2.8% in 2018 and 2019, supported by oil prices, reforms and infrastructure spending.
The QSE Index gained 0.1% led by the Insurance and Transportation indices. Qatar Insurance Co. and Qatar Navigation were the top gainers rising 2.0% and 1.5% respectively. Volume fell 60.6% to 7.2mn shares traded. In company news, Aamal Company posted a 24.5% rise in net profit to QR103mn for 1Q2015. Qatar Electricity & Water inaugurated a 2000MW power plant in Oman, the largest in the country. The industrial sector PPI in Qatar rose 3.6% in February 2015.
QNBFS Daily Market Report August 28, 2022QNB Group
The QE Index rose 0.7% to close at 13,746.4. Gains were led by the Industrials and Consumer Goods & Services indices, gaining 1.4% and 0.5%, respectively.
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 QSE Index declined 0.5% led by losses in the Telecom and Insurance indices. Qatar General Insurance and Reinsurance Co. and Al Khaleej Takaful Group were the top losers, falling 9.7% and 3.1% respectively. Regional markets were also down except for Kuwait which rose 0.2%.
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.
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.
Fabular Frames and the Four Ratio ProblemMajid Iqbal
Digital, interactive art showing the struggle of a society in providing for its present population while also saving planetary resources for future generations. Spread across several frames, the art is actually the rendering of real and speculative data. The stereographic projections change shape in response to prompts and provocations. Visitors interact with the model through speculative statements about how to increase savings across communities, regions, ecosystems and environments. Their fabulations combined with random noise, i.e. factors beyond control, have a dramatic effect on the societal transition. Things get better. Things get worse. The aim is to give visitors a new grasp and feel of the ongoing struggles in democracies around the world.
Stunning art in the small multiples format brings out the spatiotemporal nature of societal transitions, against backdrop issues such as energy, housing, waste, farmland and forest. In each frame we see hopeful and frightful interplays between spending and saving. Problems emerge when one of the two parts of the existential anaglyph rapidly shrinks like Arctic ice, as factors cross thresholds. Ecological wealth and intergenerational equity areFour at stake. Not enough spending could mean economic stress, social unrest and political conflict. Not enough saving and there will be climate breakdown and ‘bankruptcy’. So where does speculative design start and the gambling and betting end? Behind each fabular frame is a four ratio problem. Each ratio reflects the level of sacrifice and self-restraint a society is willing to accept, against promises of prosperity and freedom. Some values seem to stabilise a frame while others cause collapse. Get the ratios right and we can have it all. Get them wrong and things get more desperate.
5 Compelling Reasons to Invest in Cryptocurrency NowDaniel
In recent years, cryptocurrencies have emerged as more than just a niche fascination; they have become a transformative force in global finance and technology. Initially propelled by the enigmatic Bitcoin, cryptocurrencies have evolved into a diverse ecosystem of digital assets with the potential to reshape how we perceive and interact with money.
Madhya Pradesh, the "Heart of India," boasts a rich tapestry of culture and heritage, from ancient dynasties to modern developments. Explore its land records, historical landmarks, and vibrant traditions. From agricultural expanses to urban growth, Madhya Pradesh offers a unique blend of the ancient and modern.
Discovering Delhi - India's Cultural Capital.pptxcosmo-soil
Delhi, the heartbeat of India, offers a rich blend of history, culture, and modernity. From iconic landmarks like the Red Fort to bustling commercial hubs and vibrant culinary scenes, Delhi's real estate landscape is dynamic and diverse. Discover the essence of India's capital, where tradition meets innovation.
Explore the world of investments with an in-depth comparison of the stock market and real estate. Understand their fundamentals, risks, returns, and diversification strategies to make informed financial decisions that align with your goals.
Calculation of compliance cost: Veterinary and sanitary control of aquatic bi...Alexander Belyaev
Calculation of compliance cost in the fishing industry of Russia after extended SCM model (Veterinary and sanitary control of aquatic biological resources (ABR) - Preparation of documents, passing expertise)
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.
Poonawalla Fincorp’s Strategy to Achieve Industry-Leading NPA Metricsshruti1menon2
Poonawalla Fincorp Limited, under the leadership of Managing Director Abhay Bhutada, has achieved industry-leading Gross Non-Performing Assets (GNPA) below 1% and Net Non-Performing Assets (NNPA) below 0.5% as of May 31, 2024. This success is attributed to a strategic vision focusing on prudent credit policies, robust risk management, and digital transformation. Bhutada's leadership has driven the company to exceed its targets ahead of schedule, emphasizing rigorous credit assessment, advanced risk management, and enhanced collection efficiency. By prioritizing customer-centric solutions, leveraging digital innovation, and maintaining strong financial performance, Poonawalla Fincorp sets new benchmarks in the industry. With a continued focus on asset quality, digital enhancement, and exploring growth opportunities, the company is well-positioned for sustained success in the future.
Poonawalla Fincorp’s Strategy to Achieve Industry-Leading NPA Metrics
30 March Daily market report
1. Page 1 of 6
QE Intra-Day Movement
Qatar Commentary
The QE index rose 0.7% to close at 11,562.9. Gains were led by the Banking
and Insurance indices, gaining 1.2% and 0.9% respectively. Top gainers were
Widam Food Co. and Medicare Group, rising 7.0% and 3.9% respectively.
Among the top losers, Qatar Cinema & Film Dist. Co. fell 4.0%, while Qatar
German Co for Medical Devices declined 2.8%.
GCC Commentary
Saudi Arabia: The TASI index rose 0.4% to close at 9,463.0. Gains were led
by Media & Publishing and Insurance indices, rising 5.7% and 1.3%
respectively. Tihama rose 10.0%, while Bupa Arabia was up 9.3%.
Dubai: The DFM index gained 1.3% to close at 4,348.4. The Insurance index
gained 8.6%, while the Services index rose 3.8%. Salama rose 14.9%, while
Takaful House was up 14.7%.
Abu Dhabi: The ADX benchmark index rose 0.9% to close at 4,900.9. The
Services Index was up 3.7%, while the Consumer index rose 3.2%. NCTH
surged 15.0%, while National Takaful Company was up 10.2%.
Kuwait: The KSE index declined marginally to close at 7,584.0. The
Consumer Services index was down 1.3%, while the Banking index declined
0.6%. AL-NAWADI declined 8.1%, while KPCC was down 6.1%.
Oman: The MSM index fell 0.1% to close at 6,915.3. Losses were led by
Industrial and Services Indices falling 0.9% and 0.5% respectively. Al Jazeera
steel products declined 9.1%, while Taageer Finance was down 7.6%.
Bahrain: The BHB index gained 0.2% to close at 1,344.3. The Industrial index
rose 2.0%, while the Commercial Banking Index was up 0.3%. Aluminium
Bahrain gained 2.1%, while Khaleeji Commercial Bank was up 2.0%
Qatar Exchange Top Gainers Close* 1D% Vol. ‘000 YTD%
Widam Food Co. 49.15 7.0 1,220.1 (4.9)
Medicare Group 71.70 3.9 666.8 36.6
Ezdan Holding Group 16.40 2.9 143.9 (3.5)
Masraf Al Rayan 39.40 2.1 1,010.2 25.9
Doha Bank 62.10 2.0 658.8 6.7
Qatar Exchange Top Vol. Trades Close* 1D% Vol. ‘000 YTD%
Mesaieed Petrochemical Holding 35.95 (2.7) 2,178.2 260.0
Barwa Real Estate Co. 36.20 (0.1) 1,233.7 21.5
Widam Food Co. 49.15 7.0 1,220.1 (4.9)
Vodafone Qatar 12.20 1.7 1,106.0 13.9
Masraf Al Rayan 39.40 2.1 1,010.2 25.9
Market Indicators 30 Mar 14 27 Mar 14 %Chg.
Value Traded (QR mn) 606.1 856.8 (29.3)
Exch. Market Cap. (QR mn) 647,183.3 643,530.9 0.6
Volume (mn) 13.0 18.2 (28.5)
Number of Transactions 8,286 9,490 (12.7)
Companies Traded 41 43 (4.7)
Market Breadth 25:14 33:9 –
Market Indices Close 1D% WTD% YTD% TTM P/E
Total Return 17,159.88 0.7 0.7 15.7 N/A
All Share Index 2,966.04 0.7 0.7 14.6 15.0
Banks 2,827.13 1.2 1.2 15.7 14.8
Industrials 4,085.97 0.3 0.3 16.7 15.9
Transportation 2,021.18 (0.1) (0.1) 8.8 14.0
Real Estate 2,218.35 0.0 0.0 13.6 14.4
Insurance 2,833.14 0.9 0.9 21.3 7.8
Telecoms 1,499.51 0.3 0.3 3.1 20.7
Consumer 6,921.55 0.5 0.5 16.4 31.6
Al Rayan Islamic Index 3,556.52 0.7 0.7 17.1 18.0
GCC Top Gainers##
Exchange Close#
1D% Vol. ‘000 YTD%
Tihama Saudi Arabia 201.25 10.0 455.5 83.4
Abu Dhabi Nat. Hotels Abu Dhabi 3.87 4.9 3.8 24.8
ADIB Abu Dhabi 8.87 4.6 3,496.0 52.9
Al Ahli Bank of Kuwait Kuwait 0.46 4.5 258.6 4.5
Makkah Const. & Dev. Saudi Arabia 86.50 4.2 1,124.7 34.1
GCC Top Losers##
Exchange Close#
1D% Vol. ‘000 YTD%
Omani Qatari Telecom. Muscat 0.60 (5.6) 322.8 0.7
Ahli United Bank Kuwait 0.76 (5.1) 170.8 4.2
Abu Dhabi Nat. Ins. Abu Dhabi 6.40 (4.5) 14.8 8.5
IFA Hotels & Resorts Kuwait 0.26 (3.8) 39.0 (10.5)
Comm. Real Estate Kuwait 95.00 (3.1) 2,627.9 3.3
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 Cinema & Film Distribution 41.25 (4.0) 0.1 2.9
Qatar German Co for Med. Dev. 13.00 (2.8) 5.1 (6.1)
Mesaieed Petrochemical Holding 35.95 (2.7) 2,178.2 260.0
Qatar Gen. Ins. and Reinsurance 41.00 (2.1) 1.0 2.7
Qatar Navigation 89.90 (0.9) 65.1 8.3
Qatar Exchange Top Val. Trades Close* 1D% Val. ‘000 YTD%
Mesaieed Petrochemical Holding 35.95 (2.7) 80,198.4 260.0
Widam Food Co. 49.15 7.0 59,681.8 (4.9)
Medicare Group 71.70 3.9 47,645.8 36.6
Industries Qatar 183.30 0.2 44,743.7 8.5
Barwa Real Estate Co. 36.20 (0.1) 44,732.3 21.5
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* 11,562.87 0.7 0.7 (1.8) 11.4 166.44 177,716.5 15.1 2.0 4.2
Dubai 4,438.35 1.3 1.3 5.2 31.7 406.53 88,844.0 19.3 1.6 2.2
Abu Dhabi 4,900.86 0.9 0.9 (1.2) 14.2 108.93 129,717.4 14.7 1.7 3.7
Saudi Arabia 9,462.98 0.4 0.4 3.9 10.9 2,111.23 513,649.7 19.4 2.4 3.2
Kuwait 7,584.00 (0.0) (0.0) (1.4) 0.5 152.93 115,479.2 16.4 1.2 3.8
Oman 6,915.26 (0.1) (0.1) (2.8) 1.2 30.66 24,788.3 11.4 1.6 3.6
Bahrain 1,344.28 0.2 0.2 (2.1) 7.6 0.48 51,375.0 9.3 0.9 5.1
Source: Bloomberg, Qatar Exchange, Tadawul, Muscat Securities Exchange, Dubai Financial Market and Zawya (** TTM; * Value traded ($ mn) do not include special trades, if any)
11,480
11,500
11,520
11,540
11,560
11,580
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 0.7% to close at 11,562.9. The Banking and
Insurance indices led the gains. The index rose on the back of
buying support from non-Qatari shareholders despite selling
pressure from Qatari shareholders.
Widam Food Co. and Medicare Group were the top gainers,
rising 7.0% and 3.9% respectively. Among the top losers, Qatar
Cinema & Film Dist. Co. fell 4.0%, while Qatar German Co for
Medical Devices declined 2.8%.
Volume of shares traded on Sunday fell by 28.5% to 13.0mn
from 18.2mn on Thursday. Further, as compared to the 30-day
moving average of 16.2mn, volume for the day was 19.5% lower.
Mesaieed Petrochemical Holding Co. and Barwa Real Estate Co.
were the most active stocks, contributing 16.7% and 9.5% to the
total volume respectively.
Source: Qatar Exchange (* as a % of traded value)
Earnings
Earnings Releases
Company Market Currency
Revenue
(mn) FY2013
% Change
YoY
Operating Profit
(mn) FY2013
% Change
YoY
Net Profit (mn)
FY2013
% Change
YoY
Dubai Holding Commercial
Operations Group *
Dubai AED 11,645.15 27.0% 3,301.73 121.3% 3,299.00 176.6%
Dubai Islamic Insurance &
Reinsurance Co. (Aman) *
Dubai AED 504.6 2.2% – – -52.8 NA
United Food Co. * Dubai AED 370.0 -3.2% – – 14.4 -6.6%
Ras Al Khaimah National
Insurance Co. *
Abu Dhabi AED 250.6 19.1% – – 34.5 22.8%
Al Khazna Insurance Co. * Abu Dhabi AED 95.4 -31.7% – – -162.9 NA
Arkan Building Materials Co.
(ARKAN) *
Abu Dhabi AED 387.3 -2.4% – – 42.8 -9.0%
Source: Company data, DFM, ADX, MSM (*FY2013 results)
News
Qatar
Qatar’s FY2014/15 budget focuses on balancing revenues
and expenditures to promote sustainable development –
Projections of total revenues in FY 2014/2015 budget amount to
QR225.7 billion compared to QR218.0 billion in the previous
budget with a QR7.7 billion increase (3.5 percent). Projections of
total expenditures amount to QR218.4 billion compared to
QR210.6 billion in the last FY budget with a QR7.8 increase (3.7
percent). A budget surplus of QR7.3 billion is expected to be
achieved. The overall budget aims to provide strong support for
the private sector’s participation in the development process.
Also effective measures to control inflationary pressures have
been considered in the budget. The framework of the budget
was drawn up clearly aiming that it would help translate the key
pillars of Qatar National Vision 2030 into reality (Ministry of
Finance Press Release, Gulf-Times.com)
MDPS: Trade surplus widens to QR35bn in February 2014 –
The Ministry of Development Planning and Statistics have
released preliminary figures of the value of exports, re-exports
and imports for February 2014. In February 2014, total exports
of goods (including exports of domestic origin and re-exports)
amounted to QR 43.3 billion, showing an increase of 2.6%
compared to the total export value of the corresponding month
of 2013. On the other hand, the imports of January 2014
amounted to 8.3 billion, an increase of 4.5% over the value
recorded in the same month last year. In February 2014, the
trade balance of goods, which represents the difference
between total exports and imports, showed a surplus of QR 35.0
billion, an increase of QR 0.8 billion (2.2) compared to the trade
balance of goods of February 2013. The year on year (February
2014 to February 2013) rise in total exports was due to higher
exports of Petroleum gases and other gaseous hydrocarbons
(LNG, condensates, propane, butane, etc.) reaching QR 30.1
billion in February 2014, i.e. an increase of 8.9% compared to
February 2013; however, the increase was partially offset by the
drop in exports of Petroleum oils & oils from bituminous minerals
(crude) to reach QR 6.5 billion (11.5%) and Petroleum oils & oils
from bituminous minerals (not crude) to reach QR 1.5 billion
(13.0%). In February 2014, the major countries of destination for
Qatar’s exports were Japan with QR 12.7 billion, a share of 29%
of total exports, South Korea with QR 10.4 billion (24%), and
India with QR 5.4 billion (12%). The group Motor cars & other
passenger vehicles was at the top of the imported group of
commodities, with QR 0.6 billion in February 2014, showing a
decrease of 16.0% compared to February 2013, followed by
Aircraft spare parts with QR 0.5 billion, increased by 12.6%, and
Telephone sets with QR 0.2 billion, increased by 19.5%. In
February 2014, United States of America was the leading
country of origin with QR 0.9billion, a share of 11% of the
imports, followed by China with QR 0.9 billion (11%), United
Arab Emirates with QR 0.7 billion (8%). (Ministry of
Development Planning and Statistics, QNB Group)
Qatar to invest QR4bn in new healthcare facilities – The
Qatar Chamber’s Head of the Health Committee Ibteihaj al-
Ahmadani said Qatar will be investing more than QR4bn over
the next five years to build hospitals and medical cities. Al-
Ahmadani said that the country had spent QR51.3bn on the
health sector over the last decade. She said that the health
sector in the country has witnessed the largest increase in
provisions during the current year as it registered a 63% rise
over the previous year. Qatar spends about $1,900 per capita
on healthcare, one of the highest in the world, while the per
capita allocation in the neighboring countries does not exceed
$900. (Gulf-Times.com)
Overall Activity Buy %* Sell %* Net (QR)
Qatari 65.72% 73.57% (47,599,318.28)
Non-Qatari 34.28% 26.43% 47,599,318.28
3. Page 3 of 6
All amenities ready at Barwa City in Mesaimeer – Barwa
announced that the construction of all amenities inside Barwa
City is complete and units – including the shopping mall,
hypermarket, and schools and nurseries – have been handed
over to anchor tenants. LuLu Hypermarket, an anchor tenant in
Barwa City, has leased the shopping center (scheduled to open
during 2Q2014) and a multipurpose hall next to it. All the
schools and kindergartens within Barwa City are leased by
Newton International School. The residential city in the
Mesaimeer area is a self-sufficient community, offering 128
buildings with 6,000 residential units and a capacity to
accommodate up to 25,000 residents. (Gulf-Times.com)
Jaidah Group unit strikes dealership pact with Bobcat –
Jaidah Heavy Equipment division, a subsidiary of Jaidah Group,
announced the signing of an exclusive dealership agreement
with construction equipment manufacturer, Bobcat Company.
Under the agreement, Jaidah Group will be the sole dealer of
Bobcat machines in Qatar, reinforcing the group’s position as
the trusted provider of construction equipment and industrial
products in Qatar. Jaidah Group’s Group Executive Director
Mohamed Jaidah said Jaidah Group has longstanding
relationships with major international manufacturers, making the
group perfectly suited for satisfying the rising demand for
construction equipment in Qatar. (Gulf-Times.com)
QNCD, French firm in deal for Cement Plant Line-5 – Qatar
National Cement Company (QNCD) has signed a letter of intent
with Fives FCB, France for the construction of its Cement Plant
Line-5 with a capacity of 5,000 tons per day (tpd) of clinker at an
estimated cost of QR950mn. The fifth production line is
expected to become operational within the next 27 months, after
which the company’s total clinker capacity would reach 17,000
tpd and its grinding capacity would touch 20,000 tpd of cement.
The cement company’s move to have a fifth production line
comes in view of an expected increase in demand for products
due to the mammoth infrastructure works being carried out in
the run-up to Qatar hosting the 2022 FIFA World Cup. (QE,
Gulf-Times.com)
CBQK’s subsidiary in Turkey-ABank appoints new CEO –
Turkey-based Alternatifbank (ABank) – 75% owned by the
Commercial Bank of Qatar (CBQK) – has appointed Ms. Meric
Ulusahin as its Chief Executive Officer. Ms. Ulusahin joins
ABank from Sekerbank, where she was the General Manager
and a member of the board. She will assume her new role at
ABank from mid-April 2014. (QE)
ORDS AGM approves 40% cash dividend – Ooredoo (ORDS)
AGM has approved the distribution of 40% cash dividend of the
nominal share value (QR4 per share) for its shareholders.
(Bloomberg)
ABQK to disclose 1Q2014 results on April 15 – Ahli Bank
(ABQK) has announced its intent to disclose its 1Q2014
financial statements on April 15, 2014. (QE)
International
FSB races toward weekend blueprint for stricken banks –
Moving toward a common set of bank resolution rules is one of
the key issues when the Financial Stability Board meets in
London on March 31, as the club of central bankers and
regulators seeks to complete its mission of avoiding a repeat of
the turmoil that followed the 2008 collapse of Lehman Brothers.
Mark Carney, Governor of the Bank of England (BoE) and
Chairman of the FSB, said that the board aims to finish a
package of measures for preventing lenders from becoming too
big to fail before this November when the G20 meeting of global
leaders meet in Brisbane. Without clear rules, the death throes
of international banks can trigger havoc throughout the financial
system, leaving taxpayers to pick up the tab for repairs.
(Bloomberg)
ECB wrestles with danger zone inflation – The European
Central Bank's (ECB) dilemma over barely rising prices and the
US Federal Reserve’s policy based on unemployment data
come back into focus this week when the figures for March 2014
are published. After more than a month of East-West tensions
centered on Russia's annexation of Crimea, the US President
Barack Obama and Russia's Vladimir Putin have finally spoken
to each other, suggesting a possible diplomatic path out of the
crisis. With geopolitical issues calmer, the financial markets are
more likely to be guided by global economic data and central
bank deliberations. The ECB's Governing Council meets on
Thursday and, although economists expect it to hold interest
rates, the central bank is wrestling with a proper response to
flagging inflation that is persistently below its target of 2%.
(Reuters)
Japanese industrial output drops as tax hike looms –
Industrial production in Japan fell in February, undershooting all
forecasts given by Bloomberg surveys, as the first sales-tax
increase since 1997 comes into effect. The trade ministry said
output fell 2.3% from the previous month, the steepest drop in
eight months. The median estimate of 28 economists polled by
Bloomberg expected a 0.3% gain. A separate gauge for
manufacturing also fell in March 2014 for a second straight
month. While the weakness partly reflected disruptions from
heavy snowfall, the data showed manufacturers are bracing for
a slump in demand following tomorrow’s sales-tax increase.
Inventories fell for a seventh straight month, lessening the
likelihood of even sharper output cuts as the higher consumption
levy pushes the economy into a one-quarter contraction in April-
June. (Bloomberg)
China's FX regulator says foreign debt risk decreasing –
SAFE, China's foreign exchange regulator said that it does not
see any risk in the country's relatively high ratio of short-term
foreign debt to total foreign debt, noting that the country had a
large pile of foreign reserves to fall back on. China's outstanding
short-term foreign debt accounted for 78% of total outstanding
foreign debt at the end of 2013. The figure is much higher than
the internationally accepted safety line of 25%. However, Guo
Song, Deputy Director of the Capital Account Management
Department at SAFE, said China has large foreign exchange
reserves and the ratio between short-term debt to the reserves
was only 17.7%. (Reuters)
Regional
GOIC: GCC maintains export growth during 2008–2012 –
Qatar’s Minister of Energy & Industry, HE Dr. Mohammed bin
Saleh Al Sada, confirmed that the member states of the GCC
region are continuing their efforts for industrial verifications and
maintaining export growth despite the global economic crisis.
The minister cited the statistics issued recently by the Gulf
Organisation for Industrial Consulting (GOIC), showing an
increase in industrial exports from $160bn in 2008 to about
$257bn in 2012, growing at about 13%. Dr Al Sada said it is
interesting to note that the annual growth of total Gulf exports
increased by 10% during the same period. (Peninsula Qatar)
Top Saudi IPO adviser sees two big years ahead for share
sales – Saudi Fransi Capital, the top adviser for IPOs in the
Kingdom since 2012, expects the pace of share issuances in the
Gulf’s largest stock market to accelerate as equity valuations
improve. The investment banking arm of Banque Saudi Fransi
has advised on seven equity offerings worth AED8.4bn since
2011. Saudi Fransi Capital’s CEO Yasir Al-Rumayyan said that
4. Page 4 of 6
the Saudi market is looking for new issuances and two big years
for IPOs can be expected. Saudi Arabian companies are joining
their counterparts across the Gulf in planning share sales as
asset values and investor demand increase. (Bloomberg)
Tadawul announces 1Q2014 update to free-floated shares –
The Saudi Stock Exchange (Tadawul) announced that the
number of free-floated shares for all companies has been
revised for 1Q2014 (March 27, 2014). The revised number of
free-floated shares per company is used in the calculation of
Tadawul indices, replacing the previous number, and is effective
from March 30, 2014. (Tadawul)
Lebara to launch mobile services in KSA in 2Q2014 –
London-based telecom company Lebara has been awarded a
license in Saudi Arabia and expects to launch its services in
2Q2014 by partnering with Mobily (Etihad Etisalat). Lebara said
the average revenue per user (ARPU) in the Gulf kingdom is
expected to steadily increase from its current mark of $23.3 in
the long-term, representing a strong opportunity. Lebara Group
has operations in the UK, Germany, France, Denmark, the
Netherlands, Poland, Spain and Australia. (Gulf-Base.com)
7 KSA projects win MEED’s National Quality Awards –
MEED announced the names of Saudi Arabia’s projects of the
year during the MEED Quality Awards for Projects 2014, in
association with Mashreq. After a rigorous judging process,
MEED revealed that the projects of the year in Saudi Arabia are:
Rafal Real Estate Development Company’s Burj Rafal project,
Saudi Aramco’s King Abdullah Petroleum Studies & Research
Centre Phase 1 project, MARS Inc.’s MARS Chocolate Factory,
King Fahd National Library’s King Fahad National Library
project, Arriyadh Development Authority’s Extension of Roads of
Arriyadh Old Airport (ERAOA) and the National Water
Company’s Riyadh Water Supply project. (Zawya)
Aramco plant sees full production by mid-2014 – France's
Total said that Jubail refinery, its JV with Saudi Aramco in Saudi
Arabia, will reach full production capacity by around mid-2014.
Saudi Aramco Total Refining & Petrochemical Company's
refinery, with 400,000 bpd capacity, began a gradual startup of
its operations last year. Total said all the refining and
petrochemicals units should be operational by the end of
1Q2014. (Gulf-Base.com)
Vallourec wins order for power plant in KSA – Vallourec
announced that it has been selected to supply 10,000 tons of
tubes for the construction of the Shuqaiq Steam Power Plant in
Saudi Arabia. Deliveries are scheduled for during 1Q-3Q2014.
Vallourec’s products will be used in the boilers of the oil-fired
steam power plant, which will be built by Yantai Hyundai Heavy
Industries Company Ltd for the Saudi Electricity Company in
Shuqaiq, approximately 580 kilometers to the south of Jeddah
on the Red Sea coast. (Gulf-Base.com)
BMI: UAE’s inflation to rise to 2% in 2014 on higher
property prices – Inflation in the UAE continues to tick higher,
with Dubai leading the price rise. Business Monitor International
(BMI) has forecast inflation to average at 2.0% in 2014, up from
1.1 % in 2013. BMI said the key driver for inflation will be house
prices, as the inflationary impact of food diminishes. On the back
of a stronger-than-expected recovery in Dubai’s residential
property sector, BMI revised up its average inflation forecast for
2014. Earlier this month, Moody’s Investor Service also forecast
a rise in the UAE’s inflation in 2014. BMI projected relatively
solid growth over the coming quarters, with the UAE real GDP
forecast to expand 3.9% and 4.1% in 2014 and 2015,
respectively. (Gulf-Base.com)
IDC: UAE public sector leads in IT spending – According to a
report by International Data Corporation (IDC), business
information technology (IT) spending in the UAE is forecast to
reach $4.36bn in 2014, increasing 8.3% YoY. The country’s
public sector will account for a major chunk of business IT
spending with the government predicted to spend around
$1.12bn, constituting around 24.3% of total IT expenditure. The
UAE has seen a steady rise in government initiatives offering
official services on mobile and online platforms. Dubai’s Smart
City initiative, unveiled last year, has called for 1,000
government services to go online during the next three years. In
addition, IDC said banking, insurance and securities service
providers are also predicted to spend heavily on IT this year.
Organizations in these sectors are forecast to invest $719mn to
develop IT in 2014. (Bloomberg)
Nakheel wants to clear debt before considering IPO –
Nakheel’s Chairman, Ali Rashid Lootah has said the Dubai-
based developer would seriously consider going for an IPO at
some point, although the priority right now is to clear its debt.
Nakheel has paid off AED2.35bn last month, well before it was
actually due. The company also reported a 27% gain in its net
profit for 2013, to AED2.57bn. Next month, the developer is
getting set to launch a brand new residential community in April,
with a shopping center to be the first component. (Gulf-
Base.com)
Reem Investments posts AED152mn net profit, approves
10% dividend – Abu Dhabi-based investment company Reem’s
board of directors announced a net profit of AED152mn for
FY2013. Further, the company’s board also proposed a 10%
cash dividend distribution based on the capital of AED777.5mn,
which has been approved by the AGM. (gulfbase.com)
Able appoints SHUAA for IPO on DFM – Able Logistics Group
(Able) has appointed SHUAA Capital as the exclusive financial
advisor, lead manager and bookrunner for its IPO to take place
on the Dubai Financial Market in 2014. Established in 2001,
Able has evolved from an airfreight forwarder into a major
logistics group that caters to government agencies, multinational
corporations and conglomerates operating in Asia, Europe,
Africa and the Middle East. (DFM)
Oman Air to raise capital by $519mn – The sultanate’s
national carrier, Oman Air said it is set to raise its capital by
$519.48mn, after reporting a widening annual loss. Oman Air’s
Chairman Darwish bin Ismail al-Balushi said the airline will have
700mn shares worth OMR1 each. Oman Air’s annual loss
widened by 16% to OMR113.34mn in 2013. Al-Balushi said that
the loss was due to the airline’s continued investment in new
aircraft. He said the arrival of 20 new planes later this year
would signal the start of a new phase in Oman Air’s growth. The
airline will also spin off some of its business units into separate
companies. Oman Air’s annual revenue rose 10% to
OMR381.7mn in 2013 as it carried 4.99mn passengers last
year, up nearly 13% on 2012. (Gulf-Times.com)
NCSI: power consumption surges 149% in Oman –
According to a study by the National Centre for Statistics &
Information (NCSI), electricity consumption in Oman increased
by 149.5% over a period of seven years. NCSI revealed that
electricity consumption in the Sultanate during 2005-2012
showed that energy usage jumped from 8,402 GW/H in 2005 to
20,958.2 GW/H in 2012. The consumption of power has risen
steadily over the seven-year period, with total consumption in
2009 stood at 14,483 GW/H, which rose to 20,958.2 GW/H in
2012. The residential consumption went up from 4,759 GW/H in
2005 to 10,039 GW/H in 2012, representing 110.9% rise.
(Bloomberg)
5. Page 5 of 6
Taageer’s AGM approves 10% dividend – Taageer Finance
Company’s AGM has approved the distribution of 10% cash
dividend and 7% bonus shares for the year 2013. (Gulf-
Base.com)
HSBC Bank Oman appoints Chairman – HSBC Bank Oman
has appointed David Gordon Eldon as Chairman of the Board of
Directors. (MSM)
Oman Chlorine’s BoD proposes 20% dividend – Oman
Chlorine’s board of directors proposed the distribution of cash
dividends at the rate of 20% of the issued capital (OMR0.02 per
share) for the financial year ended December 31, 2013. (MSM)
GIC’s AGM approves 10.5% dividend – Gulf International
Chemicals’ (GIC) board of directors approved the distribution of
10.5% cash dividend (10.5 baizas for each share of nominal
value 100 baizas) for the financial year ended December 31,
2013. (MSM)
Muscat Gases’ AGM approves 40% dividend – Muscat
Gases’ AGM has approved the distribution of cash dividend of
40% of the paid-up capital (40 baizas per share). (MSM)
Muscat Finance’ AGM approves 8% dividend – Muscat
Finance’ AGM approves a cash dividend of 8% for the
shareholders from the capital (equivalent to 8 baizas per share)
and 8% stock dividend of the capital (equivalent to 8 shares for
each 100 shares). (MSM)
Tamkeen unveils $212mn spending plan for 2014 –
Tamkeen's total program expenditure for 2014 is expected to be
around BHD80mn, the highest ever. The board reviewed last
year's management report and financial statements, as well as
the progress of a number of key programs. The board also
reviewed the progress of the ongoing impact assessments and
restructuring process of Tamkeen's programs. Among the
programs discussed was the Enterprise Development Support
program, which has served 7,600 businesses since it was
launched, with Tamkeen's contribution exceeding BHD46.3mn
as of December 2013. (Gulf-Base.com)
TRA relaxes broadband restrictions on Batelco – The
Telecommunications Regulatory Authority (TRA) has decided to
remove regulatory obligations on Batelco for mass-market fixed
broadband services. This will result in the deregulation of
approximately 90% of broadband services in Bahrain. (Gulf-
Base.com)
6. Contacts
Saugata Sarkar Keith Whitney Sahbi Kasraoui
Head of Research Head of Sales Manager - HNWI
Tel: (+974) 4476 6534 Tel: (+974) 4476 6533 Tel: (+974) 4476 6544
saugata.sarkar@qnbfs.com.qa keith.whitney@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
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. While this publication has been prepared with the utmost degree of care by our analysts,
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Page 6 of 6
Rebased Performance Daily Index Performance
Source: Bloomberg Source: Bloomberg
Source: Bloomberg Source: Bloomberg
80.0
90.0
100.0
110.0
120.0
130.0
140.0
150.0
160.0
170.0
180.0
Jun-10 Jan-11 Aug-11 Mar-12 Oct-12 May-13 Dec-13
QE Index S&P Pan Arab S&P GCC
0.4%
0.7%
(0.0%)
0.2%
(0.1%)
0.9%
1.3%
(0.4%)
0.0%
0.4%
0.8%
1.2%
1.6%
SaudiArabia
Qatar
Kuwait
Bahrain
Oman
AbuDhabi
Dubai
Asset/Currency Performance Close ($) 1D% WTD% YTD% Global Indices Performance Close 1D% WTD% YTD%
Gold/Ounce 1,295.27 0.0 0.0 7.4 DJ Industrial 16,323.06 0.0 0.0 (1.5)
Silver/Ounce 19.83 0.0 0.0 1.9 S&P 500 1,857.62 0.0 0.0 0.5
Crude Oil (Brent)/Barrel (FM
Future)
108.07 0.0 0.0 (2.5) NASDAQ 100 4,155.76 0.0 0.0 (0.5)
Natural Gas (Henry
Hub)/MMBtu
4.48 0.0 0.0 3.2 STOXX 600 333.76 0.0 0.0 1.7
LPG Propane (Arab Gulf)/Ton 106.50 0.0 0.0 (15.6) DAX 9,587.19 0.0 0.0 0.4
LPG Butane (Arab Gulf)/Ton 121.00 0.0 0.0 (11.4) FTSE 100 6,615.58 0.0 0.0 (2.0)
Euro 1.38 0.0 0.0 0.1 CAC 40 4,411.26 0.0 0.0 2.7
Yen 102.83 0.0 0.0 (2.4) Nikkei 14,696.03 0.0 0.0 (9.8)
GBP 1.66 0.0 0.0 0.5 MSCI EM 984.91 0.0 0.0 (1.8)
CHF 1.13 0.0 0.0 0.7 SHANGHAI SE Composite 2,041.71 0.0 0.0 (3.5)
AUD 0.92 0.0 0.0 3.7 HANG SENG 22,065.53 0.0 0.0 (5.3)
USD Index 80.18 0.0 0.0 0.2 BSE SENSEX 22,339.97 0.0 0.0 5.5
RUB 35.76 0.0 0.0 8.8 Bovespa 49,768.06 0.0 0.0 (3.4)
BRL 0.44 0.0 0.0 4.5 RTS 1,186.28 0.0 0.0 (17.8)
166.2
148.8
135.2