The QE index in Qatar declined 0.2% due to losses in the telecom and industrial sectors. Top losers were Al Khaleej Takaful Group and Qatar Navigation. Top gainers included Qatar & Oman Investment Co and Qatari Investors Group. Regional indices were mixed with Saudi Arabia down 0.7% while Kuwait and Abu Dhabi rose 1.3% and 0.3% respectively. News from Qatar included MSCI upgrading Qatar and UAE to emerging market status, QGTS signing a $917mn refinancing deal, and Ashghal awarding several major road contracts.

1. Page 1 of 5
QE Intra-Day Movement
Qatar Commentary
The QE index declined 0.2% to close at 9,354.5. Losses were led by the
Telecoms and Industrials indices, declining 1.0% and 0.7% respectively. Top
losers were Al Khaleej Takaful Group and Qatar Navigation, falling 2.2% and
1.7% respectively. Among the top gainers, Qatar & Oman Investment Co. rose
2.6%, while Qatari Investors Group gained 2.2%.
GCC Commentary
Saudi Arabia: The TASI index declined 0.7% to close at 7,583.3. Losses were
led by the Agriculture & Food Industries and Real Estate Development indices,
declining 1.5% and 1.2% respectively. Tabuk Cement Co. fell 7.9%, while
Makkah Construction & Development Co. was down 6.1%.
Dubai: The DFM index rose 0.6% to close at 2,358.3. The Services index
gained 2.2%, while the Investment & Financial Services index was up 1.7%.
Ekttitab Holding Co. rose 2.8%, while Dubai Investment Co. was up 2.7%.
Abu Dhabi: The ADX benchmark index gained 0.3% to close at 3,565.9. The
Energy index rose 1.7%, while the Real Estate index was up 1.1%. Gulf
Medical Projects Co. gained 8.0%, while Eshraq Properties Co. was up 5.5%.
Kuwait: The KSE index rose 1.3% to close at 8,029.3. Gains were led by the
Insurance and Real Estate indices, rising 1.9% and 1.7% respectively. Gulf
Franchising Holding Co. rose 9.3%, while Al-Dar National Real Estate Co. was
up 9.1%.
Oman: The MSM index gained 0.4% to close at 6,657.2. The Banking &
Investment index rose 1.0%, while the Services & Insurance index was up
0.4%. Oman Holding International gained 8.8%, while Bank Dhofar was up
5.1%.
Qatar Exchange Top Gainers Close* 1D% Vol. ‘000 YTD%
Qatar & Oman Investment Co. 13.95 2.6 3,941.1 12.6
Qatari Investors Group 27.70 2.2 1,019.2 20.4
Qatar Islamic Insurance 61.70 2.2 116.6 (0.5)
Zad Holding Co. 61.00 1.8 12.6 3.7
Gulf Warehousing Co. 42.50 1.4 281.4 26.9
Qatar Exchange Top Vol. Trades Close* 1D% Vol. ‘000 YTD%
Qatar & Oman Investment Co. 13.95 2.6 3,941.1 12.6
National Leasing 39.40 0.3 1,668.7 (12.8)
Barwa Real Estate Co. 28.15 0.5 1,481.6 2.6
United Development Co. 23.60 0.0 1,343.8 32.6
Qatari Investors Group 27.70 2.2 1,019.2 20.4
Market Indicators 11 June 13 10 June 13 %Chg.
Value Traded (QR mn) 487.3 488.6 (0.3)
Exch. Market Cap. (QR mn) 513,260.1 514,972.2 (0.3)
Volume (mn) 14.6 17.2 (15.0)
Number of Transactions 4,791 5,786 (17.2)
Companies Traded 38 39 (2.6)
Market Breadth 19:15 21:13 –
Market Indices Close 1D% WTD% YTD% TTM P/E
Total Return 13,365.43 (0.2) 0.7 18.1 N/A
All Share Index 2,366.84 (0.2) 0.6 17.5 12.9
Banks 2,198.92 0.2 0.9 12.8 11.9
Industrials 3,153.14 (0.7) 0.0 20.0 11.7
Transportation 1,725.81 (0.3) (0.2) 28.8 12.2
Real Estate 1,928.47 0.3 3.0 19.7 12.3
Insurance 2,322.67 (0.1) (0.1) 18.3 15.2
Telecoms 1,308.55 (1.0) 0.1 22.9 14.9
Consumer 5,595.74 0.3 (0.2) 19.8 22.8
Al Rayan Islamic Index 2,868.22 0.1 1.2 15.3 14.3
GCC Top Gainers##
Exchange Close#
1D% Vol. ‘000 YTD%
Bank Dhofar Oman 0.37 5.1 796.0 13.5
Ithmaar Bank Bahrain 0.26 4.0 653.0 52.9
United Real Estate Co. Kuwait 0.11 3.7 2,499.2 (6.7)
Burgan Bank Kuwait 0.65 3.2 2,496.5 28.8
Al Ahli Bank of Kuwait Kuwait 0.49 3.2 12.0 (6.4)
GCC Top Losers##
Exchange Close#
1D% Vol. ‘000 YTD%
Abu Dhabi Nat. Hotels Abu Dhabi 2.36 (8.2) 0.5 33.3
Tabuk Cement Saudi Arabia 28.00 (7.9) 3,142.5 15.5
Makkah Cons. & Dev. Saudi Arabia 65.50 (6.1) 2,269.1 61.3
Oman Cement Co. Muscat 0.78 (4.7) 1,019.2 20.8
Taiba Holding Co. Saudi Arabia 34.50 (3.9) 3,655.3 38.8
Source: Bloomberg (
#
in Local Currency) (
##
GCC Top gainers/losers derived from the Bloomberg GCC
200 Index comprising of the top 200 regional equities based on market capitalization and liquidity)
Qatar Exchange Top Losers Close* 1D% Vol. ‘000 YTD%
Al Khaleej Takaful Group 44.85 (2.2) 67.4 22.3
Qatar Navigation 75.20 (1.7) 87.6 19.2
Ezdan Holding Group 17.77 (1.2) 163.9 (2.4)
Industries Qatar 161.90 (1.2) 381.7 14.8
Qatar Telecom 124.30 (1.1) 165.8 19.5
Qatar Exchange Top Val. Trades Close* 1D% Val. ‘000 YTD%
National Leasing 39.40 0.3 65,529.3 (12.8)
Industries Qatar 161.90 (1.2) 61,849.5 14.8
Qatar & Oman Investment Co. 13.95 2.6 54,635.3 12.6
Barwa Real Estate Co. 28.15 0.5 41,611.6 2.6
QNB Group 149.40 0.5 32,193.5 14.1
Source: Bloomberg (* in QR)
Regional Indices Close 1D% WTD% MTD% YTD%
Exch. Val. Traded
($ mn)
Exchange Mkt.
Cap. ($ mn)
P/E** P/B**
Dividend
Yield
Qatar* 9,354.50 (0.2) 0.7 1.3 11.9 133.80 140,941.2 11.9 1.7 4.9
Dubai 2,358.28 0.6 (2.6) (0.4) 45.3 123.67 60,943.7 15.2 1.0 3.6
Abu Dhabi 3,565.89 0.3 (0.9) 0.1 35.6 64.02 103,759.8 10.9 1.3 4.9
Saudi Arabia 7,583.28 (0.7) (0.4) 2.4 11.5 1,521.95 405,890.0 16.1 2.0 3.6
Kuwait 8,029.31 1.3 0.0 (3.3) 35.3 218.83 109,984.5 24.7 1.4 3.3
Oman 6,657.22 0.4 2.4 3.7 15.6 30.86 23,220.8 11.3 1.8 4.2
Bahrain 1,199.63 0.3 (0.1) 0.3 12.6 1.69 21,312.0 8.7 0.8 4.1
Source: Bloomberg, Qatar Exchange, Tadawul, Muscat Securities Exchange, Dubai Financial Market and Zawya (** TTM; * Value traded ($ mn) do not include special trades, if any)
9,300
9,320
9,340
9,360
9,380
9:30 10:00 10:30 11:00 11:30 12:00 12:30 13:00

2. Page 2 of 5
Qatar Market Commentary
 The QE index declined 0.2% to close at 9,354.5. The Telecoms
and Industrials indices led the losses. The index declined on the
back of selling pressure from non-Qatari shareholders despite
buying support from Qatari shareholders.
 Al Khaleej Takaful Group and Qatar Navigation were the top
losers, falling 2.2% and 1.7% respectively. Among the top
gainers, Qatar & Oman Investment Co. rose 2.6%, while Qatari
Investors Group gained 2.2%.
 Volume of shares traded on Tuesday declined by 15.0% to
14.6mn from 17.2mn on Monday. However, as compared to the
30-day moving average of 11.7mn, volume for the day was
25.0% higher. Qatar & Oman Investment Co. and National
Leasing were the most active stocks, contributing 27.0% and
11.4% to the total volume respectively.
Source: Qatar Exchange (* as a % of traded value)
Ratings and Global Economic Data
Ratings Updates
Company Agency Market Type* Old Rating New Rating Rating Change Outlook Outlook Change
Gulf Bank (GB) Fitch Kuwait
VR/ LT IDR/ ST IDR/
SR/ SR floor
b+/A+/F1/1/A+
bb-
/A+/F1/1/A+ #
Stable –
Source: News reports (* LT – Long Term, ST – Short Term, FSR- Financial Strength Rating, FCR – Foreign Credit Rating, LCR – Local Currency Rating, IDR – Issuer Default Rating, VR - Viability Rating, SR –
Support Rating) (
#
VR upgraded)
Global Economic Data
Date Market Source Indicator Period Actual Consensus Previous
06/11 US NFIB NFIB Small Business Optimism May 94.4 92.1 92.1
06/11 US US Census Bureau Wholesale Inventories April 0.20% 0.20% 0.30%
06/11 US US Census Bureau Wholesale Sales MoM April 0.50% -0.10% -1.40%
06/11 UK RICS RICS House Price Balance May 5.0% 3.0% 1.0%
06/11 UK ONS Industrial Production (MoM) April 0.10% 0.00% 0.70%
06/11 UK ONS Industrial Production (YoY) April -0.60% -0.60% -1.40%
06/11 UK ONS Manufacturing Production (MoM) April -0.20% -0.20% 1.10%
06/11 UK ONS Manufacturing Production (YoY) April -0.50% -0.30% -1.40%
06/11 UK NIESR NIESR GDP Estimate May 0.60% – 1.00%
Source: Bloomberg (s.a. = seasonally adjusted; n.s.a. = non-seasonally adjusted; w.d.a. = working day adjusted)
News
Qatar
 Qatar, UAE upgraded to emerging markets – MSCI has
upgraded Qatar and the UAE to emerging-market status from
their frontier market classification. The index provider has
downgraded Morocco to a frontier market and lowered Greece
to emerging market from developed market status. The
reclassification of Qatar and the UAE will coincide with the May
2014 semi-annual index review, while the status lowering of both
Greece and Morocco will coincide with the November 2013
semi-annual index review. Meanwhile, MSCI said it is monitoring
Egyptian markets, with a particular concern over the recent
shortage of foreign currency in the domestic foreign exchange
market. (Bloomberg, Reuters)
 QGTS signs $917mn refinancing deal with QNB Group –
Nakilat Inc., a wholly owned subsidiary of Qatar Gas Transport
Company Ltd. (Nakilat), has successfully arranged refinancing
amounting to US $917 million with Qatar National Bank SAQ
(QNB). Nakilat Inc. established its Program Financing structure
to fund the construction of a fleet of 25 LNG vessels, each of
which is subject to a 25-year time charter. These vessels serve
as part of the floating pipeline carrying LNG for Qatargas and
RasGas, which together produce over 77 MTA of LNG. (QE)
 Qatar earmarks QR38bn for healthcare for next five years –
Qatar’s Minister of Health and the Supreme Council of Health’s
Secretary General HE Abdullah bin Khalid Al Qahtani said a
total of QR38bn will be spent on Qatar’s healthcare sector over
the next five years. The SCH is set to launch a new mental
health strategy by the end of 2013, which is expected to
transform mental health services in the country. (Gulf-
Times.com)
 Ashghal awards several major expressway contracts – The
Public Works Authority (Ashghal) has awarded design &
supervision contracts worth QR540mn for a dual carriageway to
be built to connect Al Khor with Mesaieed to Aecom Middle
East. Ashghal has also awarded other major works contracts in
Zubara, Umm Bab-Mekenis link road, Al Shahaniya -Al
Jemailiya road, Jemailiya-Abu Sidra road, and Jemailiya-Al
Busayyir road at a cost of QR433mn to Egis International.
Similarly, contracts worth QR348mn for the widening &
upgrading work on Al Rayyan road and Al Bustan Street have
been given to Egis International. Further, Ashghal has also
awarded road contracts worth QR7.2bn to about half a dozen
companies, including a 20-kilometer long East West Corridor
worth QR3.9bn, which is aimed at reducing pressure on existing
routes to the Hamad International Airport. Two packages of the
East West corridor were awarded to a consortium of J&P-Avax
Overall Activity Buy %* Sell %* Net (QR)
Qatari 71.37% 66.16% 25,414,140.03
Non-Qatari 28.63% 33.84% (25,414,140.03)

3. Page 3 of 5
S A (QR1.67bn) and the China Harbour Engineering Company
(QR2.23bn). (Gulf-Times.com)
 Tasweeq CEO: Naphtha exports to reduce by 2017 as Qatar
consumes more – Tasweeq CEO Saad A Al Kuwari said the
company expects naphtha exports to decline by 2017 as
domestic demand in Qatar is increasing. He said in 2013, the
company expects to export 8mn tons of naphtha and about 24
cargoes of jet fuel cargo (35,000 tons). He added that Tasweeq
is set to sell about two jet fuel cargoes a month starting from
June 2013. (Bloomberg)
 Qatar Airways signs alliance to boost East African reach –
Qatar Airways has partnered with a low cost carrier Fly540
Kenya to expand its reach into East Africa. Under the alliance,
passengers of Qatar Airways will be able to travel from Doha to
Jomo Kenyatta International Airport in Nairobi and connect with
Fly540 Kenya’s flights to destinations in Kenya, South Sudan
and Zanzibar using one itinerary. Meanwhile, the company has
announced that its scheduled Seychelles flights will be
suspended from September 1 until further notice, owing to
commercial reasons. (Qatar Tribune, Bloomberg)
 Qatar aromatics project likely in 2017 – Tasweeq’s petroleum
products marketing arm’s CEO Saad al Kuwari said Qatar is
building a new aromatics project that it hopes to launch by
4Q2017. (Qatar Tribune)
International
 OPEC sees stronger oil demand in 2H2013 – The
Organization of the Petroleum Exporting Countries (OPEC) said
the global oil demand will grow more quickly in 2H2013 than
1H2013 due to economic recovery and higher seasonal
consumption. According to its monthly report, OPEC forecasts
the world oil demand to expand by 900,000 bpd in 2H2013, up
from 700,000 bpd in 1H2013. The report added that OPEC's
own production rose by 106,000 bpd in May to 30.6mn bpd, led
by higher output in Saudi Arabia. Further, the report said that for
the entire year, the world oil demand would grow by 780,000
bpd, slightly lower than last month's estimate of 790,000 bpd.
(Reuters)
 Greece to ask lenders to lower asset sale target – The Greek
government is planning to ask foreign lenders to reset its asset
sales target due to its failure to sell the natural gas firm, DEPA.
Greece will miss its asset sale target by roughly €1bn this year
after its privatization schedule was derailed by Russian energy
giant Gazprom’s withdrawal from the process of buying DEPA.
The sale had initially been expected to raise as much as €1bn
and now, the country will ask the European Union and the IMF
to postpone raising that sum to 2014. (Reuters)
 BoJ: Will consider steps to calm bond market if needed –
The Bank of Japan (BoJ) Governor Haruhiko Kuroda said the
central bank will consider extending its fixed-rate market
operation in the future if necessary, to stem any spike in bond
yields. Kuroda also said he does not see much room to sharply
increase the BoJ's purchase of real estate investment trusts in
the short term, because the Japanese market is still small.
(Reuters)
Regional
 Kingdom to invest $45bn to set up railway networks – Saudi
Arabia is expected to invest $45bn to establish railway networks
across the Kingdom. These projects include the Saudi
Landbridge, the North-South Railway Line, the Haramain High
Speed Rail, the GCC Rail, the Riyadh Light Railway and
Makkah Metro. The total length of these railway projects is
expected to be 7,000 kilometers, which will establish a
comprehensive rail network for commuters in Saudi Arabia.
Moreover, it is expected that the number of railway passengers
who use the existing railway system – North-South line and the
Haramain high speed rail will increase to 3.4mn by 2014.
(GulfBase.com)
 GACA hires HSBA, NCB, StanChart for sukuk issue – Saudi
Arabia’s General Authority of Civil Aviation (GACA) has hired
HSBC Holdings (HSBA), National Commercial Bank’s (NCB)
investment banking unit and Standard Chartered (StanChart) for
its local-currency sukuk offering. Reuters reported that GACA
may sell SR15bn in an offering before the start of Ramadan
holidays. (Bloomberg)
 Saudi Arabia to build a pilgrim city in Madinah – The
Governor of Madinah Prince Faisal Bin Salman Bin Abdul Aziz
said the Kingdom plans to build a pilgrims’ city in the vicinity of
Al Masjid Al Nabawi, the Prophet’s Mosque in Madinah. He said
that the city will be built over 1.6mn square meters of area and
will be able to accommodate up to 200,000 people. He added
that this city will feature hotels, offices, a hospital, a bus station
and a train station. (Bloomberg)
 Maaden to raise funds for SR28bn phosphates project by
July – The Saudi Arabian Mining Company (Maaden) is set to
begin its meetings with various export credit agencies by the
end of June, as it tries to raise funding for its SR28bn new
phosphates project in the north of the Kingdom. Maaden CFO
Khalid Al-Rowais said the company is also planning to approach
commercial banks by the end of July. He added that the
company is still evaluating whether to issue a sukuk to fund the
project or not. (GulfBase.com)
 SIPCHEM obtains SR704mn long term financing from Public
Investment Fund – Saudi International Petrochemical
Company (SIPCHEM) has signed a SR704mn long-term
financing agreement with the Public Investment Fund for the
period of 2013-2027. The loan will be used to finance a
production plant that will produce ethylene vinyl acetate and low
density poly ethylene with an annual production capacity of
200,000 metric tons in its industrial complex in Jubail Industrial
City. This plant’s launch is scheduled in 3Q2013. (Tadawul)
 Al-Khodari Sons gets SR406.9mn construction contract to
build hospital – Abdullah A. M. Al-Khodari Sons Company has
obtained a contract from the Ministry of Health to build a 300-
bed maternity hospital in Qatif within a period of 48 months from
the date of site handing over. The two phases of this project are
valued at SR406.9mn. (Tadawul)
 Saudi Aramco to supply full volume of July crude to Europe
– According to sources, the Saudi Arabian Oil Company (Saudi
Aramco) is set to supply full volumes in July to customers in
Europe, unchanged from this month. Saudi Aramco will provide
100% of crude cargoes sold under long-term contracts.
(Bloomberg)
 Dubai economy expands most since 2007 due to hospitality
growth – According to the data released by the Dubai Statistics
Center (DSC), Dubai’s GDP expanded the most in the last five
years as the Emirate rebounded on hotel and restaurant
activities in 2012. The data showed that the Emirate’s economy
accelerated to 5.3% YoY in 4Q2012 and grew 4.4% YoY in
2012, compared with 3.6% in 2011 and 3.5% in 2010. The data
also showed that the sub-index for restaurants & hotels grew
17% in 2012, while manufacturing expanded 13%. Moreover,
the data showed that wholesale, retail trade & repairing
services, which account for 30% of Dubai’s GDP, climbed 2.3%.
(Bloomberg, Reuters)

4. Page 4 of 5
 UAE emerges as major trade partner for Russia – The
Russian Ambassador to the UAE Alexander Efimov said the
UAE has emerged as the leading trade partner for Russia with
the total bilateral trade volume reaching AED7.3bn in 2012. He
said that Russia expects the bilateral trade to surge further in
2013 due to a steady increase in joint ventures, trade
exchanges and tourism activities. He also said that more than a
million Russian tourists are expected to visit the UAE in 2013.
(Bloomberg)
 Emirates LNG picks Excelerate Energy to build LNG
terminal – US-based Excelerate Energy has obtained a contract
from the Emirates LNG to build a LNG import terminal in the
UAE. Emirates LNG said the LNG facility at Fujairah, which lies
on the east coast of the UAE outside the Strait of Hormuz, is
expected to have an annual import capacity of 9mn tons.
(Reuters)
 Dubai World’s subsidiary sells its UK asset to Canadian
firm – Dubai World’s subsidiary, Economic Zones World has
sold its UK-based logistics warehouse developer Gazeley to
Toronto-based Brookfield Asset Management as part of its
efforts to repay creditors. (Reuters)
 EIB to open new branches, aims to boost retail loan book
by 35%, customer deposits by 25% – Emirates Islamic Bank’s
(EIB) Deputy CEO Faisal Aqil said the bank is gearing up to an
aggressive push in the competitive retail, small & medium
business, and priority & private banking segments. The bank
plans to open about 10 to 12 new branches in 2013. He added
that EIB is aiming to boost retail loan book by 35% and
customer deposits by 25% in 2013. Further, EIB has allocated
10% of its assets for SME lending. (Bloomberg)
 FTSE opens office in DIFC – The global index provider FTSE
Group has opened an office in the Dubai International Financial
Centre (DIFC). (AME Info)
 Cayan launches its AED1bn Cayan Tower in Dubai – Cayan
Real Estate Investment & Development Company (Cayan) has
launched its Cayan Tower worth AED1bn in Dubai. Cayan
Group President & Chairman Ahmed Alhatti said the company is
planning a new Saudi project to be built in Riyadh in 2013. (AME
Info, Bloomberg)
 Al Noor Hospitals expects $1bn valuation after listing in
London – Al Noor Hospitals is expecting a valuation of more
than $1bn after its planned listing on the London Stock
Exchange. (GulfBase.com)
 Kuwaiti telecom body approved by parliament – Kuwait's
National Assembly has approved a draft law for the formation of
a telecommunications and IT authority. The law is crucial for
solving of discrepancies in the telecommunications sector,
particularly in the obligatory role of scrutiny on companies.
(Bloomberg)
 Kuwait Petroleum offers full-range naphtha for loading in
July – Kuwait Petroleum Corp has offered to sell 25,000 metric
tons of full-range naphtha for loading on July 3-4. The bids for
this offer are due today. (Bloomberg)
 UASC to place $2bn ship order with Hyundai – Kuwait-based
United Arab Shipping Company (UASC) is set to order 15-17
container ships from Hyundai Heavy Industries in a $2bn deal
that will include five Triple-Es, the world’s largest container
ships. (Qatar Tribune)
 Oman’s M2 money supply grew slowest since June 2011 –
According to the data released by the Oman Central Bank, M2
money supply in the country grew 8.9% YoY by the end of April
2013, which is the slowest pace since June 2011 and down from
a 9.6% rise in the previous month. The data showed that bank
lending grew 7.6% in April, the weakest rate since November
2010 and down from 8.7% in March. (Bloomberg)
 Bank Sohar signs $45mn financing agreement with USG-
Zawawi for gypsum venture – Oman-based Bank Sohar has
signed a $45mn financing agreement with USG-Zawawi Group
to set up a gypsum quarry and state-of-the-art gypsum board
manufacturing plant in the Salalah Free Zone. The
manufacturing plant will have an annual capacity of 8mn square
meters of gypsum board in the first phase and will expand
capacity to 16mn square meters per year in the second phase,
depending on the demand in future. (Bloomberg)
 OCC shuts cement mill for repair works – The Oman Cement
Company (OCC) has announced that one of its cement mills
with a production capacity of 150 metric tons (mts) per hour has
developed a major technical problem and has been shut down
for repairs. Due to this repair work, OCC expects its production
will be lower by about 360,000mts during the June-September
2013 period. (MSM)
 Arcapita's bankruptcy plan approved – Bahrain-based
investment firm Arcapita Bank received approval from a US
Bankruptcy Court for its plan to repay creditors, thought to be
the first that is compliant with the Shari’ah law. Under the
reorganization plan, Arcapita will repay its only secured creditor,
Standard Chartered Plc, in full. In an attempt to avoid liquidation,
Arcapita will transfer its assets to a new holding company, which
will dispose of its investments over time. (Reuters)
 Nass Contracting gets BHD1.1mn construction contract –
Nass Contracting Company has obtained a BHD1.1mn
construction contract of marine, earthworks project from Bareeq
AI Retaj Real Estate Services. (Bahrain Bourse)

5. Contacts
Ahmed M. Shehada Keith Whitney Saugata Sarkar Sahbi Kasraoui
Head of Trading Head of Sales Head of Research Manager - HNWI
Tel: (+974) 4476 6535 Tel: (+974) 4476 6533 Tel: (+974) 4476 6534 Tel: (+974) 4476 6544
ahmed.shehada@qnbfs.com.qa keith.whitney@qnbfs.com.qa saugata.sarkar@qnbfs.com.qa sahbi.alkasraoui@qnbfs.com.qa
QNB Financial Services SPC
Contact Center: (+974) 4476 6666
PO Box 24025
Doha, Qatar
DISCLAIMER: This publication has been prepared by QNB Financial Services SPC (“QNBFS”) a wholly-owned subsidiary of Qatar National Bank (“QNB”). QNBFS is regulated by the Qatar
Financial Markets Authority and the Qatar Exchange; QNB is regulated by the Qatar Central Bank. This publication expresses the views and opinions of QNBFS at a given time only. It is not an
offer, promotion or recommendation to buy or sell securities or other investments, nor is it intended to constitute legal, tax, accounting, or financial advice. We therefore strongly advise potential
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Page 5 of 5
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
Jan-10 Jul-10 Jan-11 Jul-11 Jan-12 Jul-12 Jan-13
QE Index S&P Pan Arab S&P GCC
(0.7%)
(0.2%)
1.3%
0.3% 0.4% 0.3%
0.6%
(1.0%)
(0.5%)
0.0%
0.5%
1.0%
1.5%
SaudiArabia
Qatar
Kuwait
Bahrain
Oman
AbuDhabi
Dubai
Asset/Currency Performance Close ($) 1D% WTD% YTD% Global Indices Performance Close 1D% WTD% YTD%
Gold 1,378.37 (0.6) (0.3) (17.7) DJ Industrial 15,122.02 (0.8) (0.8) 15.4
Silver 21.67 (1.2) 0.0 (28.6) S&P 500 1,626.13 (1.0) (1.0) 14.0
Crude Oil (Brent) 102.23 (1.4) (2.2) (9.4) NASDAQ 100 3,436.95 (1.1) (0.9) 13.8
Euro 1.33 0.4 0.7 0.9 DAX 8,222.46 (1.0) (0.4) 8.0
Yen 96.03 (2.8) (1.6) 10.7 FTSE 100 6,340.08 (0.9) (1.1) 7.5
GBP 1.56 0.5 0.6 (3.7) CAC 40 3,810.56 (1.4) (1.6) 4.7
CHF 1.08 1.0 1.2 (1.0) Nikkei 13,317.62 (1.5) 3.4 28.1
AUD 0.94 (0.4) (0.7) (9.3) Shanghai 2,210.90 0.0 0.0 (2.6)
USD Index 81.11 (0.7) (0.7) 1.7 BSE Sensex 19,143.00 (1.5) (1.5) (1.5)
RUB 32.41 0.4 0.8 6.2 Bovespa 49,769.93 (3.0) (3.6) (18.3)
BRL 0.47 0.7 0.1 (3.8) RTS 1,263.66 (2.8) (3.9) (17.2)
134.4
120.1
109.4