The QE index rose 1.0% to close at 11,305.9 led by gains in the transportation and banking indices. Masraf Al Rayan and Qatar Cinema & Film Dist. Co. were the top gainers while Mannai Corp. and Qatar German Co. for Med. Dev. declined the most. Trading volume rose 8.7% compared to the previous session and was 24.5% higher than the 30-day average. In company news, QIGD reported a net profit of QR220.6mn for 2013 and Kahramaa announced a decline in power and water consumption in 2013 under its conservation program.
- The QE index in Qatar rose 1.1% led by gains in the Insurance and Transportation indices. Qatari Investors Group and Al Ahli Bank were the top gainers while Qatari German Co. for Medical Devices and Vodafone Qatar declined the most.
- Trading volume on Sunday increased 67.7% compared to the previous day and was 6.2% higher than the 30-day average, led by Barwa Real Estate Co. and Mazaya Qatar Real Estate Development.
- Internationally, OPEC forecasts that world oil demand will increase by 1 million barrels per day in 2014, supported by improved performance in emerging economies.
The QE index in Qatar rose 0.8% led by gains in the industrial and transportation sectors. Gulf International Services and Qatar Electricity & Water Co. were the top gainers. Mazaya Qatar Real Estate declined the most. Trading volume fell 15.1% compared to the 30-day average.
In other GCC markets, the indices in Dubai and Abu Dhabi rose while Saudi Arabia, Kuwait, and Bahrain fell marginally. Dana Gas and Gulf International Services were among the top gainers in the region.
Qatar Islamic Bank reported a 16.2% rise in quarterly profit. Qatar Electricity & Water's results were in line with estimates. Masraf Al Ray
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 in Qatar declined 0.2% led by losses in the transportation and banking indices. Widam Food Co. and Aamal Co. were the top losers falling 2.9% and 2.5% respectively, while Zad Holding Co. rose 2.5%. Regional indices also declined except for Oman which rose 0.3%. Trading volume on the Qatar exchange fell by 14.9% compared to the previous day.
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 2.1% led by losses in the telecom and transportation indices. Top losers were Zad Holding Co. and Ezdan Holding Group, falling 8.6% and 7.2% respectively. Mesaieed Petrochemical Holding and Masraf Al Rayan were the most active stocks by trading volume. Regional indices were mixed with Qatar, Kuwait, and Bahrain declining while Dubai, Abu Dhabi, and Oman rose.
The QE index in Qatar rose 0.7% led by gains in the real estate and transportation indices. Gulf International Services and Qatar General Ins. & Rein. Co. were the top gainers rising 3.7% each, while Islamic Holding Group fell 0.4%. Regional indices were mixed with Dubai gaining 2.7% and Kuwait declining 0.1%.
QNBFS Daily Market Report January 26, 2022QNB Group
The QE Index rose 0.2% to close at 12,548.5. Gains were led by the Transportation and Banks & Financial Services indices, gaining 1.3% and 0.3%, respectively.
- The QE index in Qatar rose 1.1% led by gains in the Insurance and Transportation indices. Qatari Investors Group and Al Ahli Bank were the top gainers while Qatari German Co. for Medical Devices and Vodafone Qatar declined the most.
- Trading volume on Sunday increased 67.7% compared to the previous day and was 6.2% higher than the 30-day average, led by Barwa Real Estate Co. and Mazaya Qatar Real Estate Development.
- Internationally, OPEC forecasts that world oil demand will increase by 1 million barrels per day in 2014, supported by improved performance in emerging economies.
The QE index in Qatar rose 0.8% led by gains in the industrial and transportation sectors. Gulf International Services and Qatar Electricity & Water Co. were the top gainers. Mazaya Qatar Real Estate declined the most. Trading volume fell 15.1% compared to the 30-day average.
In other GCC markets, the indices in Dubai and Abu Dhabi rose while Saudi Arabia, Kuwait, and Bahrain fell marginally. Dana Gas and Gulf International Services were among the top gainers in the region.
Qatar Islamic Bank reported a 16.2% rise in quarterly profit. Qatar Electricity & Water's results were in line with estimates. Masraf Al Ray
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 in Qatar declined 0.2% led by losses in the transportation and banking indices. Widam Food Co. and Aamal Co. were the top losers falling 2.9% and 2.5% respectively, while Zad Holding Co. rose 2.5%. Regional indices also declined except for Oman which rose 0.3%. Trading volume on the Qatar exchange fell by 14.9% compared to the previous day.
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 2.1% led by losses in the telecom and transportation indices. Top losers were Zad Holding Co. and Ezdan Holding Group, falling 8.6% and 7.2% respectively. Mesaieed Petrochemical Holding and Masraf Al Rayan were the most active stocks by trading volume. Regional indices were mixed with Qatar, Kuwait, and Bahrain declining while Dubai, Abu Dhabi, and Oman rose.
The QE index in Qatar rose 0.7% led by gains in the real estate and transportation indices. Gulf International Services and Qatar General Ins. & Rein. Co. were the top gainers rising 3.7% each, while Islamic Holding Group fell 0.4%. Regional indices were mixed with Dubai gaining 2.7% and Kuwait declining 0.1%.
QNBFS Daily Market Report January 26, 2022QNB Group
The QE Index rose 0.2% to close at 12,548.5. Gains were led by the Transportation and Banks & Financial Services indices, gaining 1.3% and 0.3%, respectively.
The QE index in Qatar rose 1.0% led by gains in the telecom and insurance indices. Vodafone Qatar and National Leasing were the top gainers rising 8.4% and 5.4% respectively, while Ezdan Holding Group fell 5.2%. Across the GCC, markets in Saudi Arabia, Dubai and Bahrain rose while Kuwait fell marginally. Trading activity on the QE increased with value traded up 25.0% and volume up 37.0% from the previous day.
The QE index in Qatar declined 0.6% due to losses in the telecom and industrial indices. Top losers were Qatar Telecom and Dlala Brok. & Inv. Holding Co., falling 1.8% and 1.6% respectively. Trading volume on the Qatar exchange declined 33.8% compared to the 30-day moving average. Fitch affirmed RasGas II & 3 bonds at A+ with a stable outlook. S&P said a change in Qatar's emir would likely not immediately impact credit ratings.
The QSE Index in Qatar gained marginally to close at 12,285.5, led by gains in the Telecom and Real Estate indices. Top gainers were Qatari Investors Group and Zad Holding Co, rising 4.6% and 3.0% respectively. Top losers were Gulf Warehousing Co, falling 3.1%, and Qatar National Cement Co, down 2.9%. Trading volume fell 35.2% compared to the previous day. Regional indices were mixed with Saudi Arabia down 0.1% and Dubai up 1.1%.
The QE index in Qatar rose 0.4% led by gains in the transportation and telecom sectors. Qatar Electricity & Water Co. and Qatar Gas Transport Co. were the top gainers, while Al Ahli Bank fell 3.2%. Most other GCC markets fell except for Saudi Arabia and Oman. Earnings were reported from Dubai Refreshments Co., and global economic data was mixed with US factory orders beating estimates but economic optimism declining. In company news, Qatar established a new economic council and various Qatar companies set dates to disclose earnings. The US Fed adopted new Basel III rules to regulate banks while the BoE plans new bank capital rules.
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 gained 0.6% led by the Insurance and Banks & Financial Services indices. Gulf Warehousing Co. and Doha Insurance Co. were the top gainers rising 2.2% and 1.9% respectively. The Saudi TASI index rose 0.4% while the DFM index in Dubai declined 0.1%. In company news, Doha Bank issued QR2 billion in Tier 1 capital instruments and Qatar Shipping Company acquired the remaining 60% stakes in two LNG carriers, increasing its ownership to 100%.
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 QE index in Qatar gained marginally to close at 9,706.6, led by gains in the transportation and telecom indices. Doha Bank and Qatar Navigation were the top gainers, while Qatar General Insurance and Qatar German Company for Medical Devices declined the most. Overall trading volume declined by 25% compared to the previous day.
The daily market report provided an overview of market activity in Qatar, GCC countries, and global economic data. In Qatar, the QE Index rose 2.3% led by gains in banks and transportation stocks. Volume traded increased 120.9% from the previous day. QNB Group and Salam International were the top gainers while Ahli Bank fell the most. In other GCC countries, stock markets in Saudi Arabia, Dubai, and Abu Dhabi rose while Kuwait's market was closed. Earnings releases were provided for companies in Saudi Arabia, Dubai, and India. The earnings calendar listed upcoming earnings dates for Qatari companies.
QNBFS Daily Market Report January 11, 2022QNB Group
The document provides an intra-day market commentary and summary for the Qatari, GCC and global markets. Specifically:
- The QE Index in Qatar rose 0.4% led by gains in the Transportation and Industrials indices. Gulf International Services and Islamic Holding Group were the top gainers.
- Saudi Arabia's TASI index gained 0.9% led by the Media and Commercial sectors. Dubai's DFM index gained 0.3% while Abu Dhabi's ADX declined 0.3%. Kuwait and Oman's indices also ended higher.
- Regional indices were mixed with Qatar gaining while Abu Dhabi declined. Trading values declined in Qatar but rose
The document provides an overview of stock market performance and news across various Middle Eastern markets including Qatar, Saudi Arabia, Dubai, Abu Dhabi, Kuwait, Oman and Bahrain. The key points are:
- The Qatar stock market index declined 0.2% while indices in Kuwait and Oman rose slightly and indices in other markets fell. Top gainers and losers are listed for each market.
- Earnings releases are reported for various companies with revenue, profit and other financial details.
- Global economic indicators are also provided including manufacturing and services PMI data, home sales, unemployment and other data from regions like the US, Europe, China and Japan.
- The document
The QSE Index rose 1.3% led by gains in the Real Estate and Industrials indices. Top gainers were Gulf International Services and Qatar National Cement Co., while top losers were Qatar General Insurance and Reinsurance Co. and Qatar Oman Investment Co. Trading volume rose 93% compared to the previous day. Regional indices were also up, with Dubai rising the most at 2.5%. Company earnings and global economic data were also reported.
- 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.
The QE index in Qatar rose 1.3% led by gains in the real estate and transportation indices. Regional markets in Saudi Arabia, Dubai, Abu Dhabi, Oman, and Bahrain were also up, while Kuwait's market declined marginally. Trading activity significantly increased in Qatar with value traded rising 81.5% and volume up 104%. Real estate transactions in Qatar also doubled in July despite the summer season.
The QE index in Qatar rose 0.3% led by gains in the real estate and telecom indices. Qatar German Co. for Med. Dev. and Barwa Real Estate Co. were the top gainers while Al Meera Consumer Goods Co. declined the most. Regional indices were mixed with Kuwait up 1.2% and Saudi Arabia down 0.4%. Internationally, the US Fed maintained its bond buying stimulus program and cut growth forecasts, while the EU and IMF warned of ongoing risks in Cyprus' economic recovery.
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 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%.
The document discusses several scenarios where project managers may encounter ethical dilemmas when business interests conflict with ethical conduct. It presents cases where a project manager is asked not to inform a client about a key resource leaving [1], making fraudulent claims in a project proposal [2], and overpromising requirements during sales to secure an order [3]. Comments from project management professionals emphasize the importance of transparency, not overstating capabilities, and ensuring client expectations are managed to build long-term credibility over short-term gains. Upholding ethics is suggested to facilitate successful project execution and establish trust.
The QE index in Qatar rose 1.0% led by gains in the telecom and insurance indices. Vodafone Qatar and National Leasing were the top gainers rising 8.4% and 5.4% respectively, while Ezdan Holding Group fell 5.2%. Across the GCC, markets in Saudi Arabia, Dubai and Bahrain rose while Kuwait fell marginally. Trading activity on the QE increased with value traded up 25.0% and volume up 37.0% from the previous day.
The QE index in Qatar declined 0.6% due to losses in the telecom and industrial indices. Top losers were Qatar Telecom and Dlala Brok. & Inv. Holding Co., falling 1.8% and 1.6% respectively. Trading volume on the Qatar exchange declined 33.8% compared to the 30-day moving average. Fitch affirmed RasGas II & 3 bonds at A+ with a stable outlook. S&P said a change in Qatar's emir would likely not immediately impact credit ratings.
The QSE Index in Qatar gained marginally to close at 12,285.5, led by gains in the Telecom and Real Estate indices. Top gainers were Qatari Investors Group and Zad Holding Co, rising 4.6% and 3.0% respectively. Top losers were Gulf Warehousing Co, falling 3.1%, and Qatar National Cement Co, down 2.9%. Trading volume fell 35.2% compared to the previous day. Regional indices were mixed with Saudi Arabia down 0.1% and Dubai up 1.1%.
The QE index in Qatar rose 0.4% led by gains in the transportation and telecom sectors. Qatar Electricity & Water Co. and Qatar Gas Transport Co. were the top gainers, while Al Ahli Bank fell 3.2%. Most other GCC markets fell except for Saudi Arabia and Oman. Earnings were reported from Dubai Refreshments Co., and global economic data was mixed with US factory orders beating estimates but economic optimism declining. In company news, Qatar established a new economic council and various Qatar companies set dates to disclose earnings. The US Fed adopted new Basel III rules to regulate banks while the BoE plans new bank capital rules.
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 gained 0.6% led by the Insurance and Banks & Financial Services indices. Gulf Warehousing Co. and Doha Insurance Co. were the top gainers rising 2.2% and 1.9% respectively. The Saudi TASI index rose 0.4% while the DFM index in Dubai declined 0.1%. In company news, Doha Bank issued QR2 billion in Tier 1 capital instruments and Qatar Shipping Company acquired the remaining 60% stakes in two LNG carriers, increasing its ownership to 100%.
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 QE index in Qatar gained marginally to close at 9,706.6, led by gains in the transportation and telecom indices. Doha Bank and Qatar Navigation were the top gainers, while Qatar General Insurance and Qatar German Company for Medical Devices declined the most. Overall trading volume declined by 25% compared to the previous day.
The daily market report provided an overview of market activity in Qatar, GCC countries, and global economic data. In Qatar, the QE Index rose 2.3% led by gains in banks and transportation stocks. Volume traded increased 120.9% from the previous day. QNB Group and Salam International were the top gainers while Ahli Bank fell the most. In other GCC countries, stock markets in Saudi Arabia, Dubai, and Abu Dhabi rose while Kuwait's market was closed. Earnings releases were provided for companies in Saudi Arabia, Dubai, and India. The earnings calendar listed upcoming earnings dates for Qatari companies.
QNBFS Daily Market Report January 11, 2022QNB Group
The document provides an intra-day market commentary and summary for the Qatari, GCC and global markets. Specifically:
- The QE Index in Qatar rose 0.4% led by gains in the Transportation and Industrials indices. Gulf International Services and Islamic Holding Group were the top gainers.
- Saudi Arabia's TASI index gained 0.9% led by the Media and Commercial sectors. Dubai's DFM index gained 0.3% while Abu Dhabi's ADX declined 0.3%. Kuwait and Oman's indices also ended higher.
- Regional indices were mixed with Qatar gaining while Abu Dhabi declined. Trading values declined in Qatar but rose
The document provides an overview of stock market performance and news across various Middle Eastern markets including Qatar, Saudi Arabia, Dubai, Abu Dhabi, Kuwait, Oman and Bahrain. The key points are:
- The Qatar stock market index declined 0.2% while indices in Kuwait and Oman rose slightly and indices in other markets fell. Top gainers and losers are listed for each market.
- Earnings releases are reported for various companies with revenue, profit and other financial details.
- Global economic indicators are also provided including manufacturing and services PMI data, home sales, unemployment and other data from regions like the US, Europe, China and Japan.
- The document
The QSE Index rose 1.3% led by gains in the Real Estate and Industrials indices. Top gainers were Gulf International Services and Qatar National Cement Co., while top losers were Qatar General Insurance and Reinsurance Co. and Qatar Oman Investment Co. Trading volume rose 93% compared to the previous day. Regional indices were also up, with Dubai rising the most at 2.5%. Company earnings and global economic data were also reported.
- 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.
The QE index in Qatar rose 1.3% led by gains in the real estate and transportation indices. Regional markets in Saudi Arabia, Dubai, Abu Dhabi, Oman, and Bahrain were also up, while Kuwait's market declined marginally. Trading activity significantly increased in Qatar with value traded rising 81.5% and volume up 104%. Real estate transactions in Qatar also doubled in July despite the summer season.
The QE index in Qatar rose 0.3% led by gains in the real estate and telecom indices. Qatar German Co. for Med. Dev. and Barwa Real Estate Co. were the top gainers while Al Meera Consumer Goods Co. declined the most. Regional indices were mixed with Kuwait up 1.2% and Saudi Arabia down 0.4%. Internationally, the US Fed maintained its bond buying stimulus program and cut growth forecasts, while the EU and IMF warned of ongoing risks in Cyprus' economic recovery.
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 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%.
The document discusses several scenarios where project managers may encounter ethical dilemmas when business interests conflict with ethical conduct. It presents cases where a project manager is asked not to inform a client about a key resource leaving [1], making fraudulent claims in a project proposal [2], and overpromising requirements during sales to secure an order [3]. Comments from project management professionals emphasize the importance of transparency, not overstating capabilities, and ensuring client expectations are managed to build long-term credibility over short-term gains. Upholding ethics is suggested to facilitate successful project execution and establish trust.
Thesis Singh Wenzlaff_Leadership in Open Innovation final submittedAakriti Singh
This document summarizes a master's thesis that explores leadership characteristics in open innovation projects between industry and academia. The thesis begins by reviewing literature on open innovation and leadership theories. It then describes the qualitative research methodology, which involved 18 interviews with R&D leaders from industry and academia. The results show that open innovation collaborations vary in nature from contractual relationships to highly interactive partnerships. Leaders play an important role in fostering collaboration, and characteristics like autonomy, communication, and joint problem-solving are important. However, no single leadership theory fully captures leadership in open innovation projects.
Yubari city is located in central Hokkaido and was once prosperous due to coal mining. It is known for producing Yubari melons. In 2006, Yubari faced serious financial difficulties and was placed under financial reconstruction in 2007. Akihabara is known as the "Electric Town" and is lined with many hobby and anime shops, as well as stores selling electronics and parts.
11.qualitative based comparison of routing protocols for vanet1212www.iiste.o...Alexander Decker
This document summarizes and compares various routing protocols for vehicular ad hoc networks (VANETs). It discusses the key characteristics of VANETs and outlines several categories of routing protocols, including topology-based, position-based, geocast-based, cluster-based, and broadcast-based. For each category, some representative protocols are described, such as GPSR, CAR, ROVER, HCB, CBLR, and DVCAST. The document concludes that position-based, geocast-based, and cluster-based protocols are generally more reliable for most VANET applications due to the high mobility and dynamic topology of vehicles.
The QE index rose 0.4% led by gains in the Industrials and Real Estate indices. Qatari Investors Group and Qatar National Cement Co. were the top gainers while Aamal Co. and Islamic Holding Group declined the most. Trading volume fell 29.0% compared to the previous day. The Qatar market commentary provided analysis of market activity and highlighted several news items related to Qatar's economy and business environment.
The QSE Index gained 1.0% led by the Real Estate and Telecoms indices. Top gainers were Doha Insurance and Medicare Group. Regional markets were mixed with Saudi and Dubai rising while Abu Dhabi fell. Global economic data showed existing US home sales declined more than expected in August while UK house prices rose.
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
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 rose marginally to close at 11,521.3, led by gains in the Insurance and Industrials indices. Top gainers were Gulf International Services and Qatar National Cement Co, while Mannai Corp and Ahli Bank were the top losers. Trading activity rose compared to the previous day but was lower than the 30-day average. In other news, DBIS announced agenda for shareholder meetings to approve bonus shares distribution, while QOIS's AGM approved an 8% cash dividend.
The QSE Index in Qatar declined 0.7% led by losses in the Telecom and Consumer Goods indices. Zad Holding and Al Meera Consumer Goods were the top losers falling 2.7% and 2.3% respectively. Trading volume fell 33.6% compared to the previous day. In other GCC markets, Saudi Arabia and Dubai rose over 1% while Abu Dhabi gained 0.1%.
The QE index in Qatar rose 0.1% led by gains in the telecom and industrial indices. Ooredoo and Mannai Corp. were the top gainers rising 1.9% each, while Qatar Cinema & Film Distri. Co. fell 3.5%. Regional markets were mixed with Saudi Arabia and Kuwait rising while Dubai fell 2.3% and Bahrain declined 0.3%.
The QE index declined 0.3% to close at 10,336.5 led by losses in the Transportation and Industrials indices. Top losers were Qatar Navigation and Medicare Group falling 2.3% and 1.7% respectively, while top gainers included Dlala Brok. & Inv. Holding Co. rising 2.2% and Vodafone Qatar up 2.1%. Trading volume rose 9.2% to 9.9mn shares compared to the previous day but was 12.1% lower than the 30-day average. Regionally, indices in Saudi Arabia were up marginally while Dubai and Abu Dhabi fell 0.3% and rose 0.3% respectively
The QSE Index declined marginally to close at 12,443.4 due to losses in the consumer goods & services and industrials indices. Qatari Investors Group and Al Meera Consumer Goods Co. were the top losers. National Leasing and Qatar German Co for Medical Devices were the top gainers. Trading volume fell 2.4% compared to the previous day but was 10.3% higher than the 30-day average, with Ezdan Holding Group and National Leasing being the most active stocks.
The QE index rose 0.7% led by gains in the Transportation and Banking indices. Trading activity increased significantly compared to the previous day and 30-day average. Qatar Cinema and Qatari Investors Group were the top gainers while Mannai Corp and Qatar Insurance declined the most. Regionally, indices in Saudi Arabia and Kuwait rose while Dubai and Abu Dhabi fell. Earnings news were reported from various companies in Abu Dhabi and Bahrain. Qatar placed a $19 billion order for Boeing and Airbus planes to expand its fleet.
The QE index rose 0.5% to close at 10,436.5 led by gains in the real estate and telecom indices. Barwa Real Estate Co. and Qatar General Ins. & Rein. Co. were the top gainers rising 3.3% and 3.1% respectively, while Qatar German Co. for Med. Dev. fell 1.8% and Qatar Navigation declined 1.5%. Trading volume on the Qatar Exchange declined 37.2% compared to the previous day. Regionally, indices in Dubai, Abu Dhabi and Saudi Arabia rose between 0.9-1.4% while Kuwait and Bahrain indices gained around 0.1-0.2%.
The QE index rose 0.1% as the Telecoms and Transportation indices gained. Vodafone Qatar and Mazaya Qatar Real Estate Dev. were the top gainers, while Qatar Cinema & Film Dist. Co. and Qatari Investors Group declined the most. Trading volume increased by 21.6% compared to the previous day and was 111.9% higher than the 30-day average, with Vodafone Qatar and Mazaya Qatar contributing over half the volume. Several Qatar-related news were also mentioned, including a new public finance law, capital increase approvals for merged entities, and corporate updates.
The QE index declined 0.3% with losses led by the Telecom and Banking indices. Trading volume fell 12.4% but was 14.9% above the 30-day average. Doha Insurance fell 10.0% while Widam Food rose 5.4%. Regional indices were mixed with Saudi up 0.2% and Dubai down 1.1%. Global data was mixed as US housing fell but Chinese FDI rose 16.1% YoY. In company news, MPHC will list on the QE exchange while MERS reported a 170.8% rise in 4Q profit.
The QE index in Qatar rose 1.7% led by gains in the banking and financial services and industrials indices. Qatar Islamic Bank and Doha Insurance Co. were the top gainers while Mesaieed Petrochemical Holding Co. declined. Overall trading activity in the region was mixed with indices in Qatar, Dubai and Abu Dhabi rising while Oman and Bahrain declined.
The QE index declined 0.6% led by losses in the Insurance and Telecoms indices. Mesaieed Petrochemical Holding Co. and Doha Bank were the top losers falling 10.0% and 9.1% respectively, while Medicare Group rose 4.0% and Qatar German Co for Medical Dev rose 3.6%. Trading volume fell slightly to 14.4mn shares but was higher than the 30-day average. Selling pressure from Qatari shareholders led the decline despite buying from non-Qatari investors.
The QE index in Qatar declined 0.2% led by losses in the transportation and real estate indices. Top losers were Qatar Navigation and Dlala Brokerage, falling 1.7% each, while top gainers included Ahli Bank rising 3.3% and Qatar Islamic Insurance up 2.9%. Volume traded fell 50.3% compared to the 30-day average. In other GCC markets, indices rose in Saudi Arabia by 1.6%, Dubai by 1.1%, and Abu Dhabi by 0.6%. International central banks discussed diverging monetary policies with the Fed preparing for a rate hike while the ECB moved closer to quantitative easing.
The QE index in Qatar rose 0.2% led by gains in the telecom and banking indices. Ooredoo and Masraf Al Rayan were the top gainers while Doha Insurance and Medicare Group declined. Regional indices were mixed with Saudi Arabia down slightly but Dubai and Abu Dhabi up. Earnings news included Etisalat reporting a 5.9% rise in net profit and CBQK's net profit rising 2.4% quarter-on-quarter. Fitch upgraded Alternatifbank's ratings following its acquisition by CBQK.
The QE index declined 0.6% to close at 11,771.8 led by losses in the insurance and transportation indices. Mesaieed Petrochemical Holding Co. and Qatar Navigation were the top losers falling 10.0% and 4.7% respectively, while Al Khaleej Takaful Group rose 9.9% and Medicare Group rose 5.6%. Trading volume fell 17.2% compared to the previous day but was 20.3% higher than the 30-day moving average, with Mesaieed Petrochemical and Medicare Group contributing most to total volume. Non-Qatari investors provided buying support despite selling pressure from Qatari shareholders.
The QE index in Qatar rose 0.3% led by gains in the real estate and transportation indices. Dlala Brokerage and Widam Food were the top gainers rising 3.3% and 3.2% respectively, while Ezdan Holding fell 5.6%. Regional indices were mixed with Dubai down 3.1% and Saudi Arabia down 0.2%, while Kuwait rose marginally. Company earnings news and updates on Qatar's real estate market stability and airlines moving to the new airport were also provided.
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.
How to Invest in Cryptocurrency for Beginners: A Complete GuideDaniel
Cryptocurrency is digital money that operates independently of a central authority, utilizing cryptography for security. Unlike traditional currencies issued by governments (fiat currencies), cryptocurrencies are decentralized and typically operate on a technology called blockchain. Each cryptocurrency transaction is recorded on a public ledger, ensuring transparency and security.
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Ponzi schemes, a notorious form of financial fraud, have plagued America’s investment landscape for decades. Named after Charles Ponzi, who orchestrated one of the most infamous schemes in the early 20th century, these fraudulent operations promise high returns with little or no risk, only to collapse and leave investors with significant losses. This article explores the nature of Ponzi schemes, notable cases in American history, their impact on victims, and measures to prevent falling prey to such scams.
Understanding Ponzi Schemes
A Ponzi scheme is an investment scam where returns are paid to earlier investors using the capital from newer investors, rather than from legitimate profit earned. The scheme relies on a constant influx of new investments to continue paying the promised returns. Eventually, when the flow of new money slows down or stops, the scheme collapses, leaving the majority of investors with substantial financial losses.
Historical Context: Charles Ponzi and His Legacy
Charles Ponzi is the namesake of this deceptive practice. In the 1920s, Ponzi promised investors in Boston a 50% return within 45 days or 100% return in 90 days through arbitrage of international reply coupons. Initially, he paid returns as promised, not from profits, but from the investments of new participants. When his scheme unraveled, it resulted in losses exceeding $20 million (equivalent to about $270 million today).
Notable American Ponzi Schemes
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2. Allen Stanford: Through his company, Stanford Financial Group, Allen Stanford orchestrated a $7 billion Ponzi scheme, luring investors with fraudulent certificates of deposit issued by his offshore bank. Stanford promised high returns and lavish lifestyle benefits to his investors, which ultimately led to a 110-year prison sentence for the financier in 2012.
3. Tom Petters: In a scheme that lasted more than a decade, Tom Petters ran a $3.65 billion Ponzi scheme, using his company, Petters Group Worldwide. He claimed to buy and sell consumer electronics, but in reality, he used new investments to pay off old debts and fund his extravagant lifestyle. Petters was convicted in 2009 and sentenced to 50 years in prison.
4. Eric Dalius and Saivian: Eric Dalius, a prominent figure behind Saivian, a cashback program promising high returns, is under scrutiny for allegedly orchestrating a Ponzi scheme. Saivian enticed investors with promises of up to 20% cash back on everyday purchases. However, investigations suggest that the returns were paid using new investments rather than legitimate profits. The collapse of Saivian l
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Monthly Market Risk Update: June 2024 [SlideShare]Commonwealth
Markets rallied in May, with all three major U.S. equity indices up for the month, said Sam Millette, director of fixed income, in his latest Market Risk Update.
For more market updates, subscribe to The Independent Market Observer at https://blog.commonwealth.com/independent-market-observer.
Monthly Market Risk Update: June 2024 [SlideShare]
9 February Daily market report
1. QE Intra-Day Movement
Market Indicators
11,350
11,300
11,250
Market Indices
11,200
11,150
9:30
09 Feb 14
480.9
591,349.3
13.1
4,609
41
27:11
Value Traded (QR mn)
Exch. Market Cap. (QR mn)
Volume (mn)
Number of Transactions
Companies Traded
Market Breadth
10:00
10:30
11:00
11:30
12:00
12:30
13:00
Qatar Commentary
The QE index rose 1.0% to close at 11,305.9. Gains were led by the
Transportation and Banking & Financial Services indices, gaining 1.4% and
1.2% respectively. Top gainers were Masraf Al Rayan and Qatar Cinema &
Film Dist. Co., rising 4.3% and 3.6% respectively. Among the top losers,
Mannai Corp. fell 2.4%, while Qatar German Co. for Med. Dev. declined 1.1%.
06 Feb 14
595.4
586,934.5
12.0
5,410
39
21:14
%Chg.
(19.2)
0.8
8.7
(14.8)
5.1
–
Close
Total Return
All Share Index
Banks
Industrials
Transportation
Real Estate
Insurance
Telecoms
Consumer
Al Rayan Islamic Index
1D%
WTD%
YTD%
TTM P/E
16,241.41
2,803.86
2,719.56
3,697.05
1,966.55
1,987.83
2,713.11
1,580.07
6,200.32
3,253.72
1.0
0.9
1.2
0.6
1.4
(0.4)
0.8
0.7
1.2
1.0
1.0
0.9
1.2
0.6
1.4
(0.4)
0.8
0.7
1.2
1.0
9.5
8.4
11.3
5.6
5.8
1.8
16.1
8.7
4.2
7.2
N/A
14.0
13.8
13.6
13.3
13.6
10.8
21.3
23.9
16.6
GCC Commentary
GCC Top Gainers##
Exchange
Close#
Saudi Arabia: The TASI index rose 0.5% to close at 8,865.8. Gains were led
by the Transport and Industrial Investment indices, rising 2.8% and 2.0%
respectively. Al-Ahlia Insurance Co. rose 9.7%, while SAPTCO was up 5.3%.
Salhia Real Estate Co.
1D%
Kuwait
0.40
6.8
15.0
(1.3)
Bahrain Telecomm. Co.
Bahrain
0.33
6.5
105.3
10.0
Dubai: The DFM index gained 1.1% to close at 3,974.6. The Investment &
Financial Services index rose 4.8%, while the Services index was up 4.6%.
Gulf Navigation surged 14.8%, while Dubai Development gained 13.8%.
First Gulf Bank
Abu Dhabi
22.10
6.3
3,792.8
17.6
ALAFCO
Kuwait
0.27
5.9
2,878.9
(5.3)
Abu Dhabi: The ADX benchmark index rose 2.2% to close at 4,826.4. The
Industrial index gained 3.3%, while the Real Estate index was up 3.2%. Abu
Dhabi Nat. Takaful Co. surged 15.0%, while Union Cement Co. gained 14.5%.
Saudi Public Transport
32.00
5.3
3,321.3
18.1
GCC Top Losers
Exchange
Kuwait: The KSE index gained 0.4% to close at 7,863.0. The Technology
index rose 2.0%, while the Consumer Services index was up 1.7%. Kuwait
Resorts Co. gained 7.2%, while National International Holding was up 7.1%.
Nat. Marine Dredging
Abu Dhabi
8.60
(9.5)
13.8
0.0
Ithmaar Bank
Bahrain
0.23
(4.2)
1,199.4
0.0
Oman: The MSM index rose 0.7% to close at 7,153.3. Gains were led by the
Financial and Industrial indices, gaining 0.8% and 0.4% respectively. Sweets
of Oman rose 9.8%, while The Financial Corporation was up 8.4%.
Aluminium Bahrain
Bahrain
0.47
(3.3)
41.8
(10.5)
Nat. Mobile Telecomm.
Kuwait
1.80
(3.2)
0.8
2.3
Bank Al-Jazira
Saudi Arabia
38.00
(2.6)
2,453.1
1.1
Bahrain: The BHB index gained 0.5% to close at 1,311.0. The Services index
rose 3.4%, while the Investment index was up 0.6%. Bahrain Telecomm. Co.
gained 6.5%, while Khaleeji Commercial Bank was up 5.0%.
Masraf Al Rayan
Close*
1D%
Vol. ‘000
YTD%
37.90
Qatar Exchange Top Gainers
4.3
2,790.7
21.1
##
Saudi Arabia
#
Close
Vol. ‘000
1D% Vol. ‘000
YTD%
YTD%
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%
Mannai Corp.
102.50
(2.4)
1.5
14.0
14.05
(1.1)
10.8
1.4
Qatar Cinema & Film Dist. Co.
42.00
3.6
1.3
4.7
Qatar German Co. for Med. Dev.
Qatar Navigation
91.20
2.5
108.7
9.9
Al Ahli Bank
64.90
(0.9)
2.3
18.0
Medicare Group
55.40
2.4
689.0
5.5
Barwa Real Estate Co.
30.40
(0.8)
549.8
2.0
Qatar General Ins. & Rein. Co.
46.00
2.2
2.0
(4.0)
Al Khaleej Takaful Group
38.25
(0.6)
3.2
4.8
Close*
1D%
Vol. ‘000
YTD%
Close*
1D%
Val. ‘000
YTD%
Vodafone Qatar
11.74
1.8
3,314.2
9.6
Masraf Al Rayan
37.90
4.3
104,296.9
21.1
Masraf Al Rayan
37.90
4.3
2,790.7
21.1
Vodafone Qatar
11.74
1.8
38,975.1
9.6
Salam International Investment Co.
14.19
0.1
1,257.5
9.1
Medicare Group
55.40
2.4
37,894.2
5.5
Mazaya Qatar Real Estate Dev.
12.67
1.4
918.9
13.3
Qatar Insurance Co.
82.00
0.7
35,359.7
23.3
Medicare Group
55.40
2.4
689.0
5.5
174.00
0.6
34,860.4
3.0
Qatar Exchange Top Vol. Trades
Qatar*
Dubai
Abu Dhabi
Saudi Arabia
Kuwait
Oman
Bahrain
Industries Qatar
Source: Bloomberg (* in QR)
Source: Bloomberg (* in QR)
Regional Indices
Qatar Exchange Top Val. Trades
Close
1D%
WTD%
MTD%
YTD%
11,305.87
3,974.61
4,826.39
8,865.80
7,863.00
7,153.26
1,311.04
1.0
1.1
2.2
0.5
0.4
0.7
0.5
1.0
1.1
2.2
0.5
0.4
0.7
0.5
1.3
5.4
3.3
1.2
1.4
0.9
1.3
8.9
17.9
12.5
3.9
4.2
4.7
5.0
Exch. Val. Traded
($ mn)
159.32
687.20
391.78
1,796.58
113.51
42.05
0.97
Exchange Mkt.
Cap. ($ mn)
162,384.5
78,997.3
133,124.6
485,025.9
112,023.1
25,543.0
50,766.1
P/E**
P/B**
14.2
17.1
13.2
17.8
16.9
11.1
8.4
1.9
1.5
1.7
2.2
1.2
1.6
0.9
Dividend
Yield
4.1
2.2
3.7
3.3
3.6
3.6
3.7
Source: Bloomberg, Qatar Exchange, Tadawul, Muscat Securities Exchange, Dubai Financial Market and Zawya (** TTM; * Value traded ($ mn) do not include special trades, if any)
Page 1 of 5
2. Qatar Market Commentary
The QE index rose 1.0% to close at 11,305.9. The
Transportation and Banking & Financial Services indices led the
gains.
Masraf Al Rayan and Qatar Cinema & Film Dist. Co. were the
top gainers, rising 4.3% and 3.6% respectively. Among the top
losers, Mannai Corp. fell 2.4%, while Qatar German Co. for Med.
Dev. declined 1.1%.
Overall Activity
Buy %*
Sell %*
Net (QR)
Qatari
65.59%
73.23%
(36,743,671.69)
Non-Qatari
34.41%
26.77%
36,743,671.69
Source: Qatar Exchange (* as a % of traded value)
Volume of shares traded on Sunday rose by 8.7% to 13.1mn
from 12.0mn on Thursday. Further, as compared to the 30-day
moving average of 10.5mn, volume for the day was 24.5%
higher. Vodafone Qatar and Masraf Al Rayan were the most
active stocks, contributing 25.4% and 21.4% to the total volume
respectively.
Earnings
Earnings Releases
Company
National Biscuit Industries
(NABIL)
Dhofar International
Development & Investment
Holding (DIDIHC)
Muscat Finance
Revenue
(mn) FY2013
% Change
YoY
Operating Profit
(mn) FY2013
% Change
YoY
Net Profit (mn)
FY2013
% Change
YoY
OMR
11,304.8
-2.2%
–
–
574.5
10.4%
Oman
OMR
24.6
60.0%
–
–
19.0
71.8%
Oman
OMR
10.8
8.8%
–
–
3.9
1.2%
Market
Currency
Oman
Source: Company data, DFM, ADX, MSM
News
Qatar
QIGD post net profit of QR220.6mn for 2013 – Qatari
Investors Group (QIGD) posted a net profit of QR220.6mn in
2013 versus QR152.2mnn in 2012. Earnings per Share (EPS)
amounted to QR1.77 in 2013 compared to QR1.22 in 2012. The
Board has recommended distribution of cash dividends of
QR0.75 per share (same as last year). This recommendation will
be raised to the Ordinary-General Assembly meeting which will
take place at Al Mirqab Hall, Four Seasons Hotel on
Wednesday, 26th February, 2014 at 4.00 pm. In case a quorum
is not met, the Extra-General Assembly meeting will be held on
Wednesday, 5th March 2014 at 4:00pm on the same venue.
(QE)
Woqod International launches global expansion plan –
Woqod’s Chairman HE Abdullah bin Hamad al-Attiyah said
Woqod International is planning a foray into other promising
markets, including Europe, as part of its expansion strategy for
which it has an open budget. Al-Attiyah said when there are
good acquisitions, Woqod will go ahead with it. Al-Attiyah further
added that the Qatari company, which has just started its
operations in the neighboring Saudi Arabia, is carefully
evaluating the potential for acquisitions and new projects. (GulfTimes.com)
Kahramaa achieves major drop in power, water
consumption in 2013 – Kahramaa announced that “Tarsheed”
– the National Program for Conservation & Energy Efficiency –
has achieved a significant progress in conserving electricity and
water in 2013. Electricity per capita consumption declined by
10% and water per capita consumption came down by 6%
compared with 2012 statistics. Kahramaa’s Conservation &
Energy Efficiency Manager, Engineer Ali Mohamed al-Ali said
this is a remarkable step in the Conservation & Energy
Efficiency Department’s endeavor to achieve Tarsheed’s
objectives of reducing electricity and water per capita
consumption by 35% and 20%, respectively, by 2016. (GulfTimes.com)
QGTS’ BoD to meet on February 24 – Qatar Gas Transport
Company’s (QGTS) board of directors will meet on February 24,
2014 to discuss the company’s financial results for the period
ending on December 31, 2013. (QE)
UDCD’s BoD to meet on February 25 – United Development
Company’s (UDCD) board will meet on February 25, 2014 to
discuss the company’s financial results for the period ending on
December 31, 2013. (QE)
MRDS’ BoD to meet on February 26 – Mazaya Qatar Real
Estate Development Company (MRDS) announced that its
board will meet on February 26, 2014 to discuss the company’s
financial results for the period ending on December 31, 2013.
(QE)
NLCS announces resale of Lusail land plots – NLCS
announces resale of Lusail land plots – National Leasing
Holding (NLCS) declared opening the resale for Lusail land plots
given increasing demand of landlords. The deliberations
between Alijarah & Qatari Diar, the main developer of the
project, resulted in allowing the landlords to trade in the land
plots. NLCS’ executive management has developed procedures
and guidelines mandated to support the project. (QE)
International
Japan logs record current account deficit in December –
According to the data released by the Japanese Ministry of
Finance, the country's current account logged a record deficit for
December, as a weak yen inflated the cost of energy imports.
The deficit stood at 638.6bn yen, as against a median forecast
for 707.7bn yen. (ET)
HSBC: Emerging markets output growth slows to 4-month
low – Business activity across emerging markets expanded in
January at the slowest pace in four months, dragged down by
Page 2 of 5
3. sluggish services sectors among BRIC countries. HSBC's
Composite Emerging Markets Index of manufacturing and
services purchasing managers' surveys slipped for the second
month running to 51.4 in January. It stayed under the 2013
average of 51.7 and well below the score of 64.1 posted last
January. (ET)
IATA: Weak cargo markets remain biggest worry for airlines
– The International Air Transport Association’s (IATA) Director
General Tony Tyler said weakness in air cargo markets remains
the biggest worry for airlines, despite some evidence of recovery
in 2013. Tyler added that the latest numbers in cargo show that
although globally cargo improved a bit, it did not really improve
in the Asian region, which is usually been very strong. According
to IATA, air freight traffic grew 1.8% globally in December led by
gains in the Middle East, compared with December 2013, but it
fell 1.1% in Asia. (ET)
Regional
UAE-Oman trade records quantum leap – The bilateral trade
between the UAE and Oman has seen a quantum leap,
reflecting strengthening of economic and commercial relations,
which is driven by their leaderships’ vision to enhance mutual
trade among Gulf countries. Official statistics show that Dubai’s
non-oil foreign trade with Oman reached about AED14.4bn in
9M2013, while it jumped from AED7.5bn in 2011 to AED18.7bn
in 2012. (GulfBase.com)
RP Group plans to invest QR4bn in Gulf projects – Indiabased RP Group of Companies, which has operations in GCC
countries, is considering investments worth QR4bn in the
region’s economies. According to a statement issued by the
Group Chairman Ravi Pillai, the company’s new investments
would generate about 25,000 new jobs in the GCC region,
including in Qatar. To build on its existing operations in Saudi
Arabia, Qatar and Bahrain, the group plans to set up new offices
in Kuwait and Oman. (Gulf-Times.com)
FDI in Kingdom ranks first in Mideast in 5 years – Saudi
Arabia has topped among the Middle Eastern countries by
attracting foreign direct investment (FDI) worth $141bn over the
past five years. Saudi Commerce & Industry Minister Tawfiq AlRabiah said that both FDI and the government’s spending of
$718bn were instrumental in spurring the nation's economic
growth. Al-Rabiah highlighted that rising oil revenues has been
successfully used to support growth among non-oil sectors. The
Kingdom has been strengthening its private sector to satisfy
growing demand for jobs from young citizens and reduce its
dependence on oil exports. Recent data from the Saudi Arabian
Monetary Agency revealed that its net foreign assets climbed to
a record high of $716.7bn in December 2013, up 10.7% from the
previous year. (GulfBase.com)
Saudi Aramco asks firms to bid again for the Jizan power
plant – According to sources, Saudi Aramco has asked
interested companies to submit lower offers to build parts of a
complex for supplying energy to an oil refinery at Jizan. In
October 2013, around 14 companies bid for four packages to
build elements of a 2,400MW integrated gasification combined
cycle plant at the refinery. The bids were higher than the staterun oil giant had hoped for, so it is now inviting lower-cost bids
for three of the four packages. (Gulf-Times.com)
Saudia, Boeing sign collaborative deal – Boeing and the
Saudi Arabian Airlines Company (Saudia) have signed a broad
collaboration agreement, which will allow them to pursue
partnership opportunities in the areas of defense and
commercial aviation in Saudi Arabia. Boeing and Saudia will
explore areas of cooperation in pilot and aircraft maintenance
training,
rotorcraft
support,
leadership
training
and
manufacturing focused on the expansion of local presence, as
well as aerospace skill development in the country.
(GulfBase.com)
SCC declares SR535.5mn dividend for 2H2013 – The Saudi
Cement Company’s (SCC) board of directors has recommended
distributing dividends worth SR535.5mn to its shareholders for
2H2013. Dividend per share will be SR3.5, representing 35% of
the face value. SCC’s shareholders registered with the
Securities Depository Center on the day of the AGM are eligible
for this dividend. SCC’s AGM is expected to be held during
March 2014. (Tadawul)
Nakheel awards 3 contracts worth AED41mn – Dubai-based
developer Nakheel has awarded three new contracts, together
worth AED41mn, for its Al Furjan and Warsan Village master
communities. Two of the contracts handed to consultants Arif &
Bintoak and Dar Al Handasah cover infrastructure design and
supervision for third-party villas and mixed-use plots at a new
phase of Al Furjan, and are worth AED13.6mn and AED2.9mn
respectively. Al Furjan’s new phase covers around 1.2mn
square meters, and includes over 500 third-party villa plots and
30 mixed-use plots already sold by Nakheel. (GulfBase.com)
DFM accredits 3 new brokerage firms for DMA – The Dubai
Financial Market (DFM) announced that NBAD Securities,
Argaam Securities and Emirates NBD Securities have been
accredited to provide direct market access (DMA) for global
brokers, lifting the number of DMA service providers to 9 firms.
The exchange is currently processing similar applications from
other brokerage firms in collaboration with the Securities &
Commodities Authority. DMA permits brokerage companies to
mandate a global broker to use its DMA access point to place
orders as electronic trading via the internet, allowing global
brokers to directly trade on the market. (DFM)
Arabtec to set up 5 new subsidiaries – Dubai-based builder
Arabtec Holding would set up five new subsidiaries as it
expands into new markets and infrastructure projects. Two of
the units will focus on infrastructure projects inside and outside
the UAE, one will focus on water & energy projects, and another
one will concentrate on the Egyptian market. Arabtec will also
set up an investment firm, Arabtec Capital, to provide financial
services both to Arabtec’s units as well as other companies.
(GulfBase.com)
DEWA awards IPP advisory contract for Hassyan Coal Plant
– The Dubai Electricity & Water Authority (DEWA) has awarded
the contract for Independent Power Producer (IPP) advisory
services of the first phase of the Hassyan Clean Coal Power
Plant to an international consultancy firm. DEWA had received
eight bids for IPP advisory services for the project, which is
being developed to complement the Dubai Integrated Energy
Strategy 2030. The Dubai Integrated Energy 2030 aims to
diversify energy sources such as natural gas (71%), nuclear
energy (12%), clean coal (12%), and solar power (5%), in
addition to reducing energy demand by 30% by 2030. The first
phase of the Hassyan project will have a capacity of 1,200MW
using clean coal as feedstock, which is expected to be
operational by 2020. (GulfBase.com)
Andalusia Collection’s Phase 1 delivered in 18 days –
National Properties, a subsidiary of the National Bonds
Corporation, announced that the entire first phase of its
Andalusia Collection has been sold and delivered in just 18
days. The collection – a part of “The Villa” project in Dubai –
consists of 69 premium villas to be released in three phases,
with the first phase of 31 villas already sold out and keys handed
Page 3 of 5
4. over to customers. The Phase 2, consisting of 16 villas, went on
sale February 1. (GulfBase.com)
Kuwait’s inflation edges up to 2.7% in December – The
Consumer Price Index (CPI) in Kuwait rose slightly to 2.7% YoY
in December 2013, from 2.6% in November. Inflation was
expected to fall sharply in December as a result of a base effect.
While inflation should remain at moderate levels through 2014,
December’s higher than expected figure is likely to justify an
upward revision to the annual average forecast of 3.0% over
coming months. On average, inflation stood at 2.7% in 2013, the
lowest in nine years. The surprising December figure was driven
by the housing services component – mostly rents. It rose by a
larger than expected 2.0% MoM. Although the YoY rate fell to
3.6% from 4.7% in November, this decline was smaller than
anticipated. Meanwhile, food prices rose for the first time in
seven months, to 2.8% YoY from 2.4% in November, which is
still much lower than its recent peak of 6.3% reached last May.
(GulfBase.com)
Higher spending narrows Kuwait nine-month budget
surplus by 11% – According to the provisional figures released
by the Kuwaiti Finance Ministry, Kuwait’s budget surplus
narrowed down by 11% in the first nine months of its fiscal year
as spending rose and oil revenues dipped slightly. The trend in
spending and revenue numbers are in line with a warning from
the IMF that Kuwait’s expenditure could exceed oil revenues as
early as 2017-18, if the government does not control its
spending growth. The budget surplus for April to December
2013 stood at KD14.34bn as compared to KD16.10bn for the
same period a year earlier. (Gulf-Times.com)
UPC recommends final dividends for 2013 – The United
Power Company’s (UPC) board of directors has recommended
the distribution of final dividends for the year ended December
31, 2013. The ordinary shareholders will get 20% dividends (200
baisa per share), while the preference shareholders will get
21.57% dividends (215.7 baisa per share). The shareholders
who are registered with the Muscat Clearing & Depository
Company on the AGM date will be eligible for these dividends.
(MSM)
MF’s BoD recommends 16% dividend – Muscat Finance’s
(MF) board of directors has recommended distributing 16%
dividend for 2013. The dividend consists of 8% stock dividend
and 8% cash dividend. (MSM)
Bapco exports 85.5mn barrels in 2013 – The Bahrain
Petroleum Company (BAPCO) announced that its total
petroleum exports amounted to 85.5mn barrels in 2013 as
compared to 83.6mn barrels in 2012, with an increase of 1%.
Bapco’s Director General of Marketing, Engineer Khalid Ibrahim
Bu Hazza’a highlighted that that the company has achieved
favorable results in marketing its products in 2013. Khalid
Ibrahim added that 57% of intermediate products and 19% of
the fuel oil were exported mainly to the Middle East markets, in
addition to 19% of naphtha to Asian companies that produce
petrochemical materials. He further stated that crude oil exports
from the Abu Safa oilfield reached 52.1mn barrels in 2013 as
compared to 48.2mn barrels in 2012. (GulfBase.com)
Page 4 of 5
5. Rebased Performance
Daily Index Performance
170.0
160.0
150.0
140.0
130.0
120.0
110.0
100.0
90.0
80.0
2.2%
2.0%
141.4
1.5%
1.1%
1.0%
128.7
1.0%
1D%
WTD%
YTD%
15,794.08
0.0
0.0
(4.7)
S&P 500
1,797.02
0.0
0.0
(2.8)
(1.1)
NASDAQ 100
4,125.86
0.0
0.0
(1.2)
0.0
35.3
STOXX 600
325.09
0.0
0.0
(1.0)
0.0
0.0
30.2
DAX
9,301.92
0.0
0.0
(2.6)
149.25
0.0
0.0
9.3
FTSE 100
6,571.68
0.0
0.0
(2.6)
May-13
S&P Pan Arab
Dec-13
S&P GCC
Gold/Ounce
Silver/Ounce
Crude Oil (Brent)/Barrel (FM
Future)
Natural Gas (Henry
Hub)/MMBtu
North American Spot LPG
Propane Price
North American Spot LPG
Normal Butane Price
Euro
Source: Bloomberg
Close ($)
1D%
WTD%
YTD%
Global Indices Performance
1,267.27
0.0
0.0
5.1
DJ Industrial
20.03
0.0
0.0
2.9
109.57
0.0
0.0
5.88
0.0
164.38
1.36
0.0
0.0
(0.8)
CAC 40
102.30
0.0
0.0
(2.9)
Nikkei
GBP
1.64
0.0
0.0
(0.9)
MSCI EM
CHF
1.11
0.0
0.0
(0.6)
SHANGHAI SE Composite
AUD
0.90
0.0
0.0
0.5
USD Index
80.69
0.0
0.0
RUB
34.76
0.0
0.0
BRL
0.42
0.0
0.0
(0.7)
Yen
Dubai
Close
Oct-12
Source: Bloomberg
Asset/Currency Performance
0.7%
Abu Dhabi
QE Index
Mar-12
Qatar
Aug-11
0.5%
Oman
0.0%
Jan-11
Kuwait
0.4%
Bahrain
0.5%
0.5%
Saudi Arabia
Jun-10
2.5%
162.5
4,228.18
0.0
0.0
(1.6)
14,462.41
0.0
0.0
(11.2)
937.30
0.0
0.0
(6.5)
2,044.50
0.0
0.0
(3.4)
HANG SENG
21,636.85
0.0
0.0
(7.2)
0.8
BSE SENSEX
20,376.56
0.0
0.0
(3.8)
5.7
Bovespa
48,073.60
0.0
0.0
(6.7)
1,341.49
0.0
0.0
(7.0)
Source: Bloomberg
RTS
Source: Bloomberg
Contacts
Saugata Sarkar
Ahmed M. Shehada
Keith Whitney
Sahbi Kasraoui
Head of Research
Head of Trading
Head of Sales
Manager - HNWI
Tel: (+974) 4476 6534
Tel: (+974) 4476 6535
Tel: (+974) 4476 6533
Tel: (+974) 4476 6544
saugata.sarkar@qnbfs.com.qa
ahmed.shehada@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
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offer, promotion or recommendation to buy or sell securities or other investments, nor is it intended to constitute legal, tax, accounting, or financial advice. We therefore strongly advise potential
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