The QSE Index rose 1.1% to close at 8,669.0. Gains were led by the Consumer Goods & Services and Industrials indices, gaining 3.4% and 2.4%, respectively.
The QE Index rose 2.3% to close at 12,948.8. Gains were led by the Banks & Financial Services and Transportation indices, gaining 3.9% and 2.4%, respectively.
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 declined 2.0% to close at 9,700.8. Losses were led by the Industrials and Banks & Financial Services indices, falling 2.7% and 2.2%, respectively.
The QE Index rose 2.3% to close at 12,948.8. Gains were led by the Banks & Financial Services and Transportation indices, gaining 3.9% and 2.4%, respectively.
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 declined 2.0% to close at 9,700.8. Losses were led by the Industrials and Banks & Financial Services indices, falling 2.7% and 2.2%, respectively.
QNBFS Daily Market Report October 25, 2021QNB Group
The QE Index declined 0.4% to close at 11,820.7. Losses were led by the Industrials and Banks & Financial Services indices, falling 1.3% and 0.4%, respectively.
The QE Index rose 2.5% to close at 13,272.4. Gains were led by the Banks & Financial Services and Telecoms indices, gaining 4.7% and 1.7%, respectively.
QNBFS Daily Market Report October 17, 2021QNB Group
The QE Index rose 0.5% to close at 11,663.6. Gains were led by the Industrials and Banks & Financial Services indices, gaining 0.9% and 0.6%, respectively.
The QE Index rose 0.9% to close at 13,397.6. Gains were led by the Industrials and Consumer Goods & Services indices, gaining 2.8% and 2.3%, respectively.
QNBFS Daily Market Report October 20, 2021QNB Group
The QE Index rose 0.2% to close at 11,767.5. Gains were led by the Consumer Goods & Services and Banks & Financial Services indices, gaining 0.4% each.
QNBFS Daily Market Report August 12, 2021QNB Group
The QE Index rose marginally to close at 10,916.1. Gains were led by the Insurance and Consumer Goods & Services indices, gaining 0.8% and 0.5%, respectively.
QNBFS Daily Market Report January 09, 2023QNB Group
The QE Index rose 1.4% to close at 11,297.6. Gains were led by the Industrials and Banks & Financial Services indices, gaining 2.3% and 1.1%, respectively.
QNBFS Daily Market Report October 25, 2021QNB Group
The QE Index declined 0.4% to close at 11,820.7. Losses were led by the Industrials and Banks & Financial Services indices, falling 1.3% and 0.4%, respectively.
The QE Index rose 2.5% to close at 13,272.4. Gains were led by the Banks & Financial Services and Telecoms indices, gaining 4.7% and 1.7%, respectively.
QNBFS Daily Market Report October 17, 2021QNB Group
The QE Index rose 0.5% to close at 11,663.6. Gains were led by the Industrials and Banks & Financial Services indices, gaining 0.9% and 0.6%, respectively.
The QE Index rose 0.9% to close at 13,397.6. Gains were led by the Industrials and Consumer Goods & Services indices, gaining 2.8% and 2.3%, respectively.
QNBFS Daily Market Report October 20, 2021QNB Group
The QE Index rose 0.2% to close at 11,767.5. Gains were led by the Consumer Goods & Services and Banks & Financial Services indices, gaining 0.4% each.
QNBFS Daily Market Report August 12, 2021QNB Group
The QE Index rose marginally to close at 10,916.1. Gains were led by the Insurance and Consumer Goods & Services indices, gaining 0.8% and 0.5%, respectively.
QNBFS Daily Market Report January 09, 2023QNB Group
The QE Index rose 1.4% to close at 11,297.6. Gains were led by the Industrials and Banks & Financial Services indices, gaining 2.3% and 1.1%, respectively.
The QE Index rose 0.9% to close at 11,978.6. Gains were led by the Consumer Goods & Services and Banks & Financial Services indices, gaining 1.4% and 1.3%, respectively.
The QE Index declined 2.0% to close at 12,876.6. Losses were led by the Banks & Financial Services and Telecoms indices, falling 3.5% and 1.9%, respectively.
QNBFS Daily Market Report February 27, 2023QNB Group
The QE Index rose 0.7% to close at 10,541.6. Gains were led by the Insurance and Banks & Financial Services indices, gaining 6.4% and 0.9%, respectively.
QNBFS Daily Market Report February 27, 2023QNB Group
The QE Index rose 0.7% to close at 10,541.6. Gains were led by the Insurance and Banks & Financial Services indices, gaining 6.4% and 0.9%, respectively.
QNBFS Daily Market Report August 01, 2022QNB Group
The QE Index rose 1.9% to close at 13,370.0. Gains were led by the Industrials and Banks & Financial Services indices, gaining 2.4% and 2.0%, respectively.
The QE Index rose 0.8% to close at 10,584.2. Gains were led by the Insurance and Banks & Financial Services indices, gaining 2.9% and 1.1%, respectively.
QNBFS Daily Market Report November 06, 2019QNB Group
The QE Index rose 1.0% to close at 10,303.7. Gains were led by the Industrials and Banks & Financial Services indices, gaining 1.9% and 1.5%, respectively.
QNBFS Daily Market Report December 06, 2021QNB Group
The QE Index declined 0.1% to close at 11,586.7. Losses were led by the Consumer Goods & Services and Banks & Financial Services indices, falling 0.8% and 0.4%, respectively.
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 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 rose 0.3% to close at 10,323.0. Gains were led by the Transportation and Industrials indices, gaining 0.8% each. Top gainers were Qatar Navigation and Al Khaleej Takaful Insurance Co., rising 3.3% and 2.0%, respectively.
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.
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
Introduction to Indian Financial System ()Avanish Goel
The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments.
It facilitates the flow of funds form the households (savers) to business firms (investors) to aid in wealth creation and development of both the parties
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
The new type of smart, sustainable entrepreneurship and the next day | Europe...
QNBFS Daily Market Report April 02, 2018
1. Page 1 of 5
QSE Intra-Day Movement
Qatar Commentary
The QSE Index rose 1.1% to close at 8,669.0. Gains were led by the Consumer Goods &
Services and Industrials indices, gaining 3.4% and 2.4%, respectively. Top gainers
were Mesaieed Petrochemical Holding Company and Qatar Fuel Company, rising
9.9% and 7.1%, respectively. Among the top losers, Qatar General Insurance &
Reinsurance Company fell 3.3%, while Doha Insurance Group was down 2.8%.
GCC Commentary
Saudi Arabia: The TASI Index fell 0.9% to close at 7,800.9. Losses were led by the
Real Estate Mgmt & Dev’t and Materials indices, falling 1.3% and 1.1%,
respectively. Saudi Cement Co. declined 4.2%, while Southern Province Cement Co.
was down 3.9%.
Dubai: The DFM Index gained 0.9% to close at 3,136.4. The Services index rose
2.8%, while the Telecommunication index gained 2.5%. International Financial
Advisors rose 14.8%, while Marka was up 8.2%.
Abu Dhabi: The ADX benchmark index fell marginally to close at 4,583.5. The
Consumer Staples index declined 2.7%, while the Telecommunication index fell
1.1%. Al Khazna Insurance Co. declined 7.7%, while Arkan Building Materials Co.
was down 4.4%.
Kuwait: Index data is unavailable.
Oman: The MSM Index fell 0.8% to close at 4,737.2. The Financial index declined
0.2%, while the other indices ended in green. Muscat Gases fell 8.6%, while Oman
Cables Industry was down 7.1%.
Bahrain: The BHB Index fell 1.2% to close at 1,303.1. The Commercial Banks index
declined 2.3%, while the Services index fell 0.8%. Takaful International Company
declined 15.0%, while Ahli United Bank was down 3.7%.
QSE Top Gainers Close* 1D% Vol. ‘000 YTD%
Mesaieed Petrochemical Holding 16.15 9.9 2,953.3 28.3
Qatar Fuel Company 117.75 7.1 461.7 15.4
Gulf International Services 19.51 6.3 708.9 10.2
Industries Qatar 108.12 2.9 57.8 11.5
Ezdan Holding Group 10.70 1.9 30.8 (11.4)
QSE Top Volume Trades Close* 1D% Vol. ‘000 YTD%
Mesaieed Petrochemical Holding 16.15 9.9 2,953.3 28.3
Vodafone Qatar 8.55 (1.6) 987.6 6.6
Mazaya Qatar Real Estate Dev. 7.40 1.1 714.6 (17.8)
Gulf International Services 19.51 6.3 708.9 10.2
Qatar First Bank 6.25 (2.0) 678.9 (4.3)
Market Indicators 01 April 18 29 March 18 %Chg.
Value Traded (QR mn) 253.1 297.3 (14.8)
Exch. Market Cap. (QR mn) 478,659.9 470,521.2 1.7
Volume (mn) 9.7 9.8 (0.4)
Number of Transactions 3,670 4,665 (21.3)
Companies Traded 43 43 0.0
Market Breadth 25:15 23:19 –
Market Indices Close 1D% WTD% YTD% TTM P/E
Total Return 15,273.20 1.1 1.1 6.9 13.3
All Share Index 2,559.37 1.4 1.4 4.4 13.5
Banks 2,828.83 1.1 1.1 5.5 11.9
Industrials 2,956.75 2.4 2.4 12.9 15.4
Transportation 1,804.18 (0.2) (0.2) 2.0 11.8
Real Estate 1,857.20 1.3 1.3 (3.0) 12.3
Insurance 3,078.75 (0.8) (0.8) (11.5) 23.2
Telecoms 1,096.63 0.5 0.5 (0.2) 30.0
Consumer 5,584.19 3.4 3.4 12.5 12.6
Al Rayan Islamic Index 3,566.78 0.5 0.5 4.2 14.4
GCC Top Gainers
##
Exchange Close
#
1D% Vol. ‘000 YTD%
Burgan Bank Kuwait 0.29 3.6 410.5 (5.5)
F. A. Al Hokair Saudi Arabia 27.54 2.9 572.7 (9.4)
Industries Qatar Qatar 108.12 2.9 57.8 11.5
Kingdom Holding Co. Saudi Arabia 9.25 2.5 1,271.9 3.5
Emirates Integ. Telecom. Dubai 4.88 2.5 48.7 (4.3)
GCC Top Losers
##
Exchange Close
#
1D% Vol. ‘000 YTD%
Ahli United Bank Bahrain 0.65 (8.5) 278.6 (2.5)
Ahli Bank Oman 0.15 (5.1) 344.2 (9.0)
Saudi Cement Co. Saudi Arabia 53.76 (4.2) 120.4 13.3
Southern Province Cem. Saudi Arabia 47.95 (3.9) 106.1 (0.9)
HSBC Bank Oman Oman 0.10 (3.8) 2,706.9 (21.1)
Source: Bloomberg (# in Local Currency) (## GCC Top gainers/losers derived from the S&P GCC
Composite Large Mid Cap Index)
QSE Top Losers Close* 1D% Vol. ‘000 YTD%
Qatar General Ins. & Reins. Co. 43.50 (3.3) 3.9 (11.2)
Doha Insurance Group 13.70 (2.8) 17.9 (2.1)
Qatari Investors Group 33.03 (2.5) 66.5 (9.8)
Qatar First Bank 6.25 (2.0) 678.9 (4.3)
Vodafone Qatar 8.55 (1.6) 987.6 6.6
QSE Top Value Trades Close* 1D% Val. ‘000 YTD%
Qatar Fuel Company 117.75 7.1 55,017.0 15.4
Mesaieed Petrochemical Holding 16.15 9.9 47,489.1 28.3
Qatar Electricity & Water Co. 190.20 1.2 32,070.5 6.9
Gulf International Services 19.51 6.3 13,748.0 10.2
Masraf Al Rayan 35.55 0.6 10,157.2 (5.8)
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* 8,669.04 1.1 1.1 1.1 1.7 75.09 131,487.9 13.3 1.3 5.0
Dubai 3,136.36 0.9 0.9 0.9 (6.9) 62.04 106,084.8 11.0 1.1 5.7
Abu Dhabi 4,583.53 (0.0) (0.0) (0.0) 4.2 33.76 127,314.5 11.8 1.3 5.2
Saudi Arabia 7,800.88 (0.9) (0.9) (0.9) 8.0 1,026.97 494,534.0 17.1 1.7 3.3
Kuwait N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
Oman 4,737.17 (0.8) (0.8) (0.8) (7.1) 12.59 19,983.5 12.2 1.0 5.1
Bahrain 1,303.14 (1.2) (1.2) (1.2) (2.1) 2.02 19,791.1 9.2 0.8 6.2
Source: Bloomberg, Qatar Stock Exchange, Tadawul, Muscat Securities Market and Dubai Financial Market (** TTM; * Value traded ($ mn) do not include special trades, if any.)
8,550
8,600
8,650
8,700
8,750
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 QSE Index rose 1.1% to close at 8,669.0. The Consumer Goods &
Services and Industrials indices led the gains. The index rose on the back
of buying support from GCC and non-Qatari shareholders despite selling
pressure from Qatari shareholders.
Mesaieed Petrochemical Holding Company and Qatar Fuel Company
were the top gainers, rising 9.9% and 7.1%, respectively. Among the top
losers, Qatar General Insurance & Reinsurance Company fell 3.3%, while
Doha Insurance Group was down 2.8%.
Volume of shares traded on Sunday fell by 0.4% to 9.7mn from 9.8mn on
Thursday. Further, as compared to the 30-day moving average of
11.5mn, volume for the day was 14.9% lower. Mesaieed Petrochemical
Holding Company and Vodafone Qatar were the most active stocks,
contributing 30.3% and 10.1% to the total volume, respectively.
Source: Qatar Stock Exchange (* as a % of traded value)
Earnings Calendar
Tickers Company Name Date of reporting 1Q2018 results No. of days remaining Status
QNBK QNB Group 10-Apr-18 8 Due
NLCS Alijarah Holding 12-Apr-18 10 Due
QIBK Qatar Islamic Bank 15-Apr-18 13 Due
GWCS Gulf Warehousing Company 16-Apr-18 14 Due
MARK Masraf Al Rayan 16-Apr-18 14 Due
DOHI Doha Insurance Group 18-Apr-18 16 Due
ABQK Ahli Bank 19-Apr-18 17 Due
DHBK Doha Bank 22-Apr-18 20 Due
UDCD United Development Company 25-Apr-18 23 Due
AKHI Al Khaleej Takaful Insurance Company 29-Apr-18 27 Due
QFLS Qatar Fuel Company 29-Apr-18 27 Due
Source: QSE
News
Qatar
QFLS to disclose its 1Q2018 financial statements on April 29 –
Qatar Fuel Company (QFLS) announced its intent to disclose its
1Q2018 financial statements on April 29, 2018. (QSE)
AKHI to disclose its 1Q2018 financial statements on April 29 –
Al Khaleej Takaful Insurance Company (AKHI) announced its
intent to disclose its 1Q2018 financial statements on April 29,
2018. (QSE)
Ahli Bank to disclose its 1Q2018 financial statements on April
19 – Ahli Bank announced its intent to disclose its 1Q2018
financial statements on April 19, 2018. (QSE)
QGRI’s arm to draw QR100mn revenue from Mozoon Towers –
Qatar General Insurance and Reinsurance Company (QGRI)
stated that its subsidiary Mozoon Real Estate Company will
receive QR100mn in annual revenues from operating Mozoon
Towers project. QGRI owns 50% of Mozoon Real Estate
Company, while the remaining 50% stake is owned by Al Sari
Trading Company. Mozoon Real Estate Company and Retaj
Hotels & Hospitality signed Hotel Apartments Management
and Operations Agreement and Technical Services agreement
on March 7, 2018 for term of twenty-five years, renewable for
another ten years period. (Qatar Tribune, QSE)
Vodafone Qatar announces the completion of the previously
announced transaction in relation to Vodafone and Qatar
Foundation – Referring to the market announcement made by
Vodafone Qatar on February 27, 2018 concerning the entry by
Qatar Foundation for Education, Science and Community
Development (Qatar Foundation) into a conditional Share
Purchase Agreement with Vodafone Europe, whereby Qatar
Foundation agreed to purchase from Vodafone Europe’s shares
representing 51% of the share capital of Vodafone and Qatar
Foundation. The Transaction was completed on March 29, 2018
and the Private Founder is now 100% owned by Qatar
Foundation whose direct and indirect shareholding in Vodafone
Qatar is now 50% having increased from its previous level of
27.05%. (QSE)
Widam Food Company to hold its EGM on April 16 – Widam
Food Company announced that its Extraordinary General
Assembly Meetings (EGM) will be held on April 16, 2018. In
case of lack of quorum, the first reserve meeting will be held on
April 23, 2018. (QSE)
Qatari commercial banks’ assets jump 10% YoY to QR1.38tn in
February – Total assets of commercial banks in Qatar registered
10% YoY jump to QR1.38tn in February this year. Out of the
total assets, as much as 67% was credit portfolio that amounted
to QR932.56bn, which witnessed more than 7% expansion YoY
Overall Activity Buy %* Sell %* Net (QR)
Qatari Individuals 51.80% 42.84% 22,697,510.78
Qatari Institutions 18.13% 33.89% (39,873,876.16)
Qatari 69.93% 76.73% (17,176,365.38)
GCC Individuals 1.41% 2.02% (1,550,015.32)
GCC Institutions 3.95% 2.18% 4,482,349.45
GCC 5.36% 4.20% 2,932,334.13
Non-Qatari Individuals 13.73% 14.97% (3,127,367.55)
Non-Qatari Institutions 10.96% 4.10% 17,371,398.80
Non-Qatari 24.69% 19.07% 14,244,031.25
3. Page 3 of 5
in February this year, according to the Qatar Central Bank.
Much of the credit went to the private sector, which accounted
for more than 57% of the total or QR534.59bn in February this
year. The credit to the private sector grew more than 4% on a
yearly basis. The fact that credit to the private sector grew
shows the resiliency in the overall economy outside
hydrocarbons, even amidst the economic blockade and despite
the increasing cost of credit, sources said. The credit to the
public sector stood at QR377.3bn or more than 40% of the total
credit in February 2018. The credit to the public sector
witnessed more than 13% YoY growth. The required reserves
stood at QR36.07bn in February this year against QR35.03bn in
the review period of 2017. (Gulf-Times.com)
Government projects add to construction growth rate by 7%
until 2019 – Growth rate in Qatar’s construction works is
expected to increase by 7% annually up to 2019 due to major
government projects being implemented in different regions of
Qatar, SAK Holding Group stated in its monthly report.
Between 2012 and 2017, construction accumulated 15%
compound annual growth rate (CAGR). The report stated
growth is also expected in major categories in the real estate
sector, which shows Qatar’s resiliency against global
headwinds and the economic blockade imposed on the country
in June 2017. The government’s performance created a
comprehensive shift in the composition of the economy. It
launched a number of initiatives to boost the economy, open up
to foreign markets, and build global partnerships as a direct
expression of the vision of Qatar’s prudent leadership that
enhanced the fortitude of the economy supported by a sound
monetary policy that enabled Qatar to protect the value of the
Qatari Riyal. This corroborates government’s expectations that
the economy will grow by 2% to 3% in 2018, while the non-oil
sector is expected to achieve good growth rates during 2018.
(Gulf-Times.com)
Qatar to host ‘Qatari-Omani Joint Entrepreneurs Meeting’ – Gulf
Organization for Industrial Consulting (GOIC) will organize the
‘Qatari-Omani Joint Entrepreneurs Meeting’ from April 11 and
12. GOIC’s Secretary-General, Abudulaziz Bin Hamad Al Ageel
said the meeting forms part of the organization’s efforts to
strengthen industrial and commercial cooperation and
coordination between GCC countries. Al Ageel stressed the
importance of GOIC’s role in promoting economic and industrial
development, cooperation, and partnerships between public
and private sectors in the region, particularly in the areas of
investments and trade. (Gulf-Times.com)
International
Japan’s business mood sours for first time in two years –
Japanese business sentiment worsened for the first time in two
years in the three months to March, a closely watched central
bank survey showed, as rising raw material and labor costs
weigh on an otherwise steady economic recovery. A strong Yen
and simmering fears of a trade war, triggered by US President
Donald Trump’s move to impose tariffs on Chinese goods, could
further undermine corporate morale if threats of retaliation
escalate. However, few analysts expect the economic recovery
to falter as business confidence remains at a decade-high level
and companies plan to increase capital expenditure. (Reuters)
Japan’s March final manufacturing PMI cools slightly, overall
economy still solid – Japanese manufacturing activity expanded
at a slightly slower pace in March, revised data from a survey
showed, as growth in new orders and output moderated slightly
though the economy overall remained in solid shape. The Final
Markit/Nikkei Japan Manufacturing Purchasing Managers
Index (PMI) fell to 53.1 in March on a seasonally adjusted basis,
slightly below a preliminary 53.2 and below a final 54.1 in
February. The headline reading fell for the second consecutive
month, but remained above the 50 threshold that separates
contraction from expansion for the 19th executive month. The
final index for new orders was 53.1, below the preliminary
reading of 53.2 and down from 54.7 in the previous month. The
new export orders index was unchanged from the advance
estimate at 52.5, but down compared with a final 54.1 in
February. (Reuters)
Regional
GCC healthcare spending to hit $69bn by 2020 – The GCC
healthcare spending is expected to reach $69bn by 2020. The
healthcare ecosystem is currently witnessing a significant
transformational shift, with technology playing a vital role. It
will be a game changer for the sector, with innovation playing
an important role. This was stated by Khuloud Al Omian,
Editor-in-Chief of Forbes Middle East, adding that the private
sector, together with government authorities will continue to
be a key partner in the long-term development of the health
industries. (GulfBase.com)
Saudi Arabia to list Riyal government bonds on exchange –
Saudi Arabia authorities said they would list local currency
government bonds on the Saudi Arabian stock exchange on
April 8, part of efforts to spur secondary market trading of debt
and strengthen state finances. The Capital Market Authority
stated that over SR204.4bn of Riyal bonds with maturities of
five, seven and ten years would be available to trade, including
floating- and fixed-rate bonds and Islamic instruments.
(Peninsula Qatar)
Saudi Arabia closes $16bn loan – The Saudi Arabia closed an
increased $16bn syndicated loan that refinances a $10bn
facility signed in 2016, according to banking sources. The deal,
which closed on March 19, comprises a $8.35bn term loan and a
$7.65bn Murabaha financing. HSBC, JP Morgan and MUFG were
coordinators, bookrunners and mandated lead arrangers on the
deal with Bank of China, Citibank, Credit Agricole, ICBC,
Mizuho Bank, Standard Chartered and SMBC as bookrunners
and mandated lead arrangers. (Reuters)
Pick up in loan growth signals better profit outlook for UAE
banks – Improving operating environment linked to stronger
economic growth, pick up in credit growth and higher interest
rates are expected to boost profitability of the UAE banks in
2018. The UAE’s central bank data for February showed solid
credit growth with the gross credit growth expanding by 0.5%
MoM in February after seeing growth of the same magnitude in
the previous month. This is a significant improvement
compared to loan growth in 4Q2017. Yearly credit growth
strengthened gradually to 2.1% YoY in February, up from 1.7%
in December 2017, with monthly rises in the second month of
2018. Private and government sectors were the main drivers of
credit growth in February, expanding by 0.4% MoM and 1.3%
4. Page 4 of 5
MoM, respectively. Private sector credit growth was driven by
the corporate sector (0.6%) while retail credit growth
contracted by 0.1%. (GulfBase.com)
Dubai’s hardware and tools trade rose to AED4.8bn – Dubai’s
external trade in hardware and tools reached AED4.8bn last
year, with imports standing at AED3.4bn, re-exports at
AED1.36bn and exports at AED30mn, according to Dubai
Customs. The figures revealed that China and the US topped
the list of Dubai’s partners in hardware and the tools trade in
2017, with trade worth AED760mn each. Italy came in second
with AED467mn, Germany with AED307mn and India with
AED205mn. (GulfBase.com)
Gulf General Investment Company to restructure debt – Gulf
General Investment Company (GGICO) is in talks with lenders
to restructure loan and credit facilities after defaulting on a
payment linked to AED2.15bn of debt at the end of last year,
the company stated. GGICO, which has investments spanning
financial services, property, hospitality, manufacturing and
retailing, previously restructured its debt in September 2017
and before that in July 2012. It said in December 2017 it
defaulted on a principal payment of AED24.4mn related to the
restructured debt. Despite the default, GGICO stated that as
banks had not served a notice as required by the agreement, it
believed the bank facility would continue as per the
restructured agreement. (Reuters)
Abu Dhabi’s tourism sector on solid growth track – According to
the Department of Culture & Tourism Abu Dhabi witnessed
around five million hotel guests, showcasing approximately
10% YoY increase. New tourism products such as Louvre Abu
Dhabi and upcoming Warner Bros studios have diversified the
offerings in the Emirate. Sources said that 4Q2017 was a
tremendously busy period and several global events took place,
which had a major impact on the overall business of 2017.
(GulfBase.com)
Market shakeup deepens in Kuwait in bid to draw investors, up
IPOs – Kuwait’s stock exchange is set to implement the latest
set of changes aimed at attracting investors and increasing the
number of initial public offerings (IPOs). The bourse will divide
its stocks into three sections, based on criteria including their
market capitalization and the volume of shares traded. It will
introduce new indexes, including a ‘Premier Market’ grouping
together 16 of Kuwait’s largest and most liquid companies.
Authorities started a series of measures last year to update
infrastructure for equities trading with the goal of stirring
international interest in the market and jolting into life a large
portion of its shares that barely move each day. The benchmark
that’s in place now has 156 members. On any given day, at least
40 of those have closed unchanged in the past five years. (Gulf-
Times.com)
Oman’s economy registers broad-based recovery – After
economic slowdown and contraction witnessed during the
years 2015 and 2016, the Omani economy registered a broad-
based recovery and grew in nominal terms by 10.1% during
9M2017. Hydrocarbon and non-hydrocarbon sector grew by
23.9% and 4.9%, respectively during this period. The upturn in
the economy was mainly driven by recovery in crude oil prices
and the positive impact of diversification efforts. Promotion of
non-oil exports and tourism related activities is at the centre of
diversification programs. (GulfBase.com)
Oman's real estate deals rose by 25% – The real estate market in
Oman is recovering, with sale deals showing a robust growth in
the first two months of 2018. Reflecting the market trend and
investor sentiment, the total value of property deals in the
country during January-February of 2018 rose by 24.6% to
OMR565.3mn, compared with OMR453.5mn for the same period
of last year, according to National Centre for Statistics and
Information (NCSI). Of the total value in the first two months,
OMR179.5mn worth of deals were sale contracts, constituting a
decline by 7.4%, while OMR382.3mn transactions were
mortgage deals. As many as 10,611 sale contracts were
executed in January till February 2018, compared with 10,615
deals for the same period of last year, the NSCI data showed.
(GulfBase.com)
Bank Dhofar approves 20% dividend – The board of directors of
Bank Dhofar held its Annual General Meeting and approved the
proposed cash dividend of 12% of the paid up capital of the
bank (12 Baisa per share) for the financial year ended December
31, 2017, and a bonus share of 8%. As a result of this the paid up
capital of the bank will be increased from 2,257,857,722 shares
to 2,438,486,340 shares. (GulfBase.com)
Bahrain announces largest oil, gas find in decades – Bahrain
government announced the discovery of a new tight oil and
deep gas resource in the Khaleej Al Bahrain Basin, located off
the west coast of the Kingdom in addition to the discovery of
large quantities of deep gas. The find represents the largest
discovery of oil in the Kingdom since 1932, when extraction
started on Bahrain’s first oil well within the Bahrain Oil Field.
(GulfBase.com)
Bahrain Cineco approves 50% cash dividends – Bahrain Cinema
Company (Cineco) approved the distribution of a cash dividend
of 50% of the paid up capital, the equivalent of 50 Fils per share
equivalent to BHD3.95mn proposed by the board following the
approval of Central Bank of Bahrain. (GulfBase.com)
5. Contacts
Saugata Sarkar, CFA, CAIA Shahan Keushgerian Zaid al-Nafoosi, CMT, CFTe
Head of Research Senior Research Analyst Senior Research Analyst
Tel: (+974) 4476 6534 Tel: (+974) 4476 6509 Tel: (+974) 4476 6535
saugata.sarkar@qnbfs.com.qa shahan.keushgerian@qnbfs.com.qa zaid.alnafoosi@qnbfs.com.qa
Mohamed Abo Daff QNB Financial Services Co. W.L.L.
Senior Research Analyst Contact Center: (+974) 4476 6666
Tel: (+974) 4476 6589 PO Box 24025
mohd.abodaff@qnbfs.com.qa Doha, Qatar
Disclaimer and Copyright Notice: This publication has been prepared by QNB Financial Services Co. W.L.L. (“QNBFS”) a wholly-owned subsidiary of Qatar National Bank (Q.P.S.C.). QNBFS is
regulated by the Qatar Financial Markets Authority and the Qatar Exchange. Qatar National Bank (Q.P.S.C.) 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
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Page 5 of 5
Rebased Performance Daily Index Performance
Source: Bloomberg Source: Bloomberg
Source: Bloomberg Source: Bloomberg (*$ adjusted returns)
60.0
80.0
100.0
120.0
140.0
160.0
Mar-14 Mar-15 Mar-16 Mar-17 Mar-18
QSE Index S&P Pan Arab S&P GCC
(0.9%)
1.1%
(1.2%)
(0.8%)
(0.0%)
0.9%
(1.5%)
(1.0%)
(0.5%)
0.0%
0.5%
1.0%
1.5%
SaudiArabia
Qatar
Bahrain
Oman
AbuDhabi
Dubai
Asset/Currency Performance Close ($) 1D% WTD% YTD% Global Indices Performance Close 1D%* WTD%* YTD%*
Gold/Ounce 1,325.00 (0.0) (1.7) 1.7 MSCI World Index 2,066.84 0.1 1.5 (1.7)
Silver/Ounce 16.37 (0.0) (1.2) (3.4) DJ Industrial 24,103.11 0.0 2.4 (2.5)
Crude Oil (Brent)/Barrel (FM Future) 70.27 0.0 (0.3) 5.1 S&P 500 2,640.87 0.0 2.0 (1.2)
Crude Oil (WTI)/Barrel (FM Future) 64.94 0.0 (1.4) 7.5 NASDAQ 100 7,063.45 0.0 1.0 2.3
Natural Gas (Henry Hub)/MMBtu 2.81 0.0 8.9 (20.6) STOXX 600 370.87 0.0 0.8 (2.6)
LPG Propane (Arab Gulf)/Ton 80.00 0.0 (3.2) (18.2) DAX 12,096.73 0.0 1.2 (4.3)
LPG Butane (Arab Gulf)/Ton 77.75 0.0 (2.8) (26.4) FTSE 100 7,056.61 0.0 1.0 (4.9)
Euro 1.23 0.2 (0.2) 2.7 CAC 40 5,167.30 0.0 0.8 (0.6)
Yen 106.28 (0.1) 1.5 (5.7) Nikkei 21,454.30 1.6 2.9 (0.1)
GBP 1.40 (0.0) (0.8) 3.7 MSCI EM 1,170.88 0.1 (0.1) 1.1
CHF 1.05 0.3 (0.7) 2.2 SHANGHAI SE Composite 3,168.90 0.5 1.0 (0.8)
AUD 0.77 0.0 (0.3) (1.7) HANG SENG 30,093.38 0.0 (0.8) 0.1
USD Index 89.97 (0.2) 0.6 (2.3) BSE SENSEX 32,968.68 0.0 0.9 (5.1)
RUB 57.13 (0.2) (0.3) (0.9) Bovespa 85,365.56 0.0 1.2 11.8
BRL 0.30 (0.0) 0.2 0.2 RTS 1,249.41 0.2 (1.0) 8.2
84.3
84.0
73.6