SlideShare a Scribd company logo
Page 1 of 5
QSE Intra-Day Movement
Qatar Commentary
The QSE Index declined 0.3% to close at 10,412.9. Losses were led by the Industrials
and Telecoms indices, falling 1.1% and 0.9%, respectively. Top losers were Industries
Qatar and Aamal Co., falling 2.2% and 1.4%, respectively. Among the top gainers,
Qatar General Insurance & Reinsurance Co. rose 6.2%, while National Leasing was up
3.8%.
GCC Commentary
Saudi Arabia: The TASI Index fell 0.1% to close at 6,874.1. Losses were led by the
Media and Commercial & Professional indices, falling 1.1% and 1.0%, respectively.
National Agricultural Dev. fell 4.4%, while United Electronics Co. was down 3.3%.
Dubai: The DFM Index gained 0.2% to close at 3,468.5. The Telecommunication
index rose 0.8%, while the Real Estate & Construction index gained 0.5%. Union
Properties rose 3.1%, while Ekttitab Holding Co. was up 2.7%.
Abu Dhabi: The ADX benchmark index fell 0.7% to close at 4,465.2. The Investment
& Financial Services index declined 1.3%, while the Banks index fell 0.9%. Sharjah
Cement & Ind. Dev. Co. declined 7.4%, while Sharjah Islamic Bank was down 4.1%.
Kuwait: The KSE Index declined marginally to close at 7,040.5. The Technology
index fell 1.9%, while the Consumer Services index declined 1.7%. Kuwait National
Cinema Co. fell 12.7%, while Sanam Real Estate Co. was down 8.2%.
Oman: The MSM Index rose 0.3% to close at 5,654.0. Gains were led by the Financial
and Services indices, rising 0.5% and 0.2%, respectively. Al Madina Investment
rose 3.0%, while Bank Dhofar was up 2.8%.
Bahrain: The BHB Index gained 0.2% to close at 1,378.6. The Industrial index rose
1.6%, while the Commercial Banks index gained 0.3%. Al Ahli United Bank rose
3.7%, while Aluminum Bahrain was up 1.7%.
QSE Top Gainers Close* 1D% Vol. ‘000 YTD%
Qatar General Ins. & Reins. Co. 41.00 6.2 3.7 (12.8)
National Leasing 18.77 3.8 1,948.1 22.5
Al Khaleej Takaful Group 19.50 2.6 18.3 (7.6)
Widam Food Co. 64.00 2.6 9.2 (5.9)
Qatar Islamic Insurance Co. 69.60 1.9 7.9 37.5
QSE Top Volume Trades Close* 1D% Vol. ‘000 YTD%
National Leasing 18.77 3.8 1,948.1 22.5
Vodafone Qatar 8.98 0.0 1,442.5 (4.2)
Masraf Al Rayan 43.90 0.5 1,279.7 16.8
Ezdan Holding Group 15.89 1.3 1,036.4 5.2
Barwa Real Estate Co. 34.65 0.4 325.8 4.2
Market Indicators 26 Mar 17 23 Mar 17 %Chg.
Value Traded (QR mn) 222.5 251.5 (11.5)
Exch. Market Cap. (QR mn) 557,252.0 559,556.2 (0.4)
Volume (mn) 8.3 7.2 15.3
Number of Transactions 2,710 3,032 (10.6)
Companies Traded 41 42 (2.4)
Market Breadth 15:18 24:16 –
Market Indices Close 1D% WTD% YTD% TTM P/E
Total Return 17,257.81 (0.3) (0.3) 2.2 15.4
All Share Index 2,932.52 (0.2) (0.2) 2.2 15.1
Banks 3,032.53 (0.3) (0.3) 4.1 13.5
Industrials 3,274.32 (1.1) (1.1) (1.0) 20.0
Transportation 2,337.41 (0.5) (0.5) (8.2) 13.2
Real Estate 2,373.99 0.9 0.9 5.8 15.7
Insurance 4,306.65 0.7 0.7 (2.9) 17.3
Telecoms 1,223.04 (0.9) (0.9) 1.4 21.7
Consumer 6,457.00 (0.3) (0.3) 9.5 14.4
Al Rayan Islamic Index 4,126.02 (0.2) (0.2) 6.3 17.0
GCC Top Gainers
##
Exchange Close
#
1D% Vol. ‘000 YTD%
Qatar Gen. Ins. & Reins. Qatar 41.00 6.2 3.7 (12.8)
National Leasing Qatar 18.77 3.8 1,948.1 22.5
Ahli United Bank Bahrain 0.85 3.7 2,777.6 32.0
Saudi Real Estate Co. Saudi Arabia 20.66 3.0 1,162.6 (22.4)
Bank Dhofar Oman 0.26 2.8 629.9 12.2
GCC Top Losers
##
Exchange Close
#
1D% Vol. ‘000 YTD%
Nat. Bank of Bahrain Bahrain 0.65 (7.1) 62.8 (0.7)
Com. Bank of Kuwait Kuwait 0.43 (4.4) 125.6 4.9
Sharjah Islamic Bank Abu Dhabi 1.40 (4.1) 91.9 0.0
Kuwait Food Co. Kuwait 2.40 (4.0) 1.4 (7.7)
Ajman Bank Dubai 1.28 (3.8) 250.4 (3.8)
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)
QSE Top Losers Close* 1D% Vol. ‘000 YTD%
Industries Qatar 108.60 (2.2) 198.0 (7.6)
Aamal Co. 14.20 (1.4) 137.9 4.2
Qatar Industrial Manufacturing 44.00 (1.1) 8.0 (1.1)
Ooredoo 100.90 (1.1) 21.6 (0.9)
Medicare Group 101.00 (1.1) 50.3 60.6
QSE Top Value Trades Close* 1D% Val. ‘000 YTD%
Masraf Al Rayan 43.90 0.5 56,094.7 16.8
National Leasing 18.77 3.8 35,956.2 22.5
Industries Qatar 108.60 (2.2) 21,746.7 (7.6)
Ezdan Holding Group 15.89 1.3 16,401.6 5.2
Vodafone Qatar 8.98 0.0 12,972.8 (4.2)
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* 10,412.85 (0.3) (0.3) (2.7) (0.2) 61.11 153,077.1 15.4 1.5 3.7
Dubai 3,468.48 0.2 0.2 (4.5) (1.8) 58.33 106,491.0 14.8 1.2 3.9
Abu Dhabi 4,465.19 (0.7) (0.7) (1.9) (1.8) 27.92 117,278.1 12.7 1.4 5.4
Saudi Arabia 6,874.12 (0.1) (0.1) (1.4) (4.7) 692.43 429,725.1 17.0 1.6 3.5
Kuwait 7,040.51 (0.0) (0.0) 3.8 22.5 96.66 95,773.7 23.0 1.3 3.3
Oman 5,654.02 0.3 0.3 (2.2) (2.2) 6.37 22,705.9 11.1 1.1 5.1
Bahrain 1,378.55 0.2 0.2 2.1 13.0 16.46 22,070.9 9.0 0.8 5.0
Source: Bloomberg, Qatar Stock Exchange, Tadawul, Muscat Securities Exchange, Dubai Financial Market and Zawya (** TTM; * Value traded ($ mn) do not include special trades, if any)
10,350
10,400
10,450
10,500
9:30 10:00 10:30 11:00 11:30 12:00 12:30 13:00
Page 2 of 5
Qatar Market Commentary
 The QSE Index declined 0.3% to close at 10,412.9. The Industrials and
Telecoms indices led the losses. The index fell on the back of selling
pressure from GCC shareholders despite buying support from Qatari and
non-Qatari shareholders.
 Industries Qatar and Aamal Co. were the top losers, falling 2.2% and
1.4%, respectively. Among the top gainers, Qatar General Insurance &
Reinsurance Co. rose 6.2%, while National Leasing was up 3.8%.
 Volume of shares traded on Sunday rose by 15.3% to 8.3mn from 7.2mn
on Thursday. However, as compared to the 30-day moving average of
12.5mn, volume for the day was 33.7% lower. National Leasing and
Vodafone Qatar were the most active stocks, contributing 23.5% and
17.4% to the total volume, respectively.
Source: Qatar Stock Exchange (* as a % of traded value)
Earnings Calendar
Tickers Company Name Date of reporting 1Q2017 results No. of days remaining Status
UDCD United Development Company 17-Apr-17 21 Due
DHBK Doha Bank 19-Apr-17 23 Due
Source: QSE
News
Qatar
 Oil output cut helps Qatar register 74% YoY growth in trade
surplus to QR12.32bn in February – Oil production cut deal,
effective from January 1, helped Qatar register 74% YoY growth
in trade surplus to QR12.32bn in February with its crude and
gas exports’ value soaring high in double digits. The country’s
foreign merchandise trade surplus expanded more than 12%
MoM in February mainly on faster deceleration in imports, said
the figures released by the Ministry of Development Planning
and Statistics (MDPS). In absolute terms, Japan, South Korea,
India, the UAE and China were among the largest export
markets of Qatar; while imports mainly came from China, the
US, the UAE, Japan and Germany in February 2017. A robust
expansion in shipments to the UAE, South Korea and Japan led
Qatar’s total exports (valued free-on-board) to increase 22.5%
YoY to QR20.47bn in February. On a monthly basis, it was up
mere 0.8%. The country’s total exports of domestic products
increased 18.4% YoY to QR18.89bn in February 2017. Qatar’s
exports of non-crude rose faster YoY by 68% to QR1.25bn, while
crude rose by 46.8% to QR3.48bn and petroleum gases and
other gaseous hydrocarbons by 18.9% to QR12.2bn. On the
other hand, other commodities declined 24% to QR1.95bn.
(Gulf-Times.com)
 QFC’s global outreach to promote Qatar as ideal investment
location – The Qatar Financial Center (QFC) has kick-started its
2017 global outreach with its roadshow in Germany,
showcasing the country and its corporate sector before
professionals from German corporations and private companies
in Berlin and Munich. The visit to Germany comes as part of a
number of roadshows planned during 2017 that would see the
QFC and its senior officials visit major financial capitals across
Europe, Asia and North America, a spokesman of the center
said. The QFC Germany roadshow is one of many initiatives
that seek to further develop bilateral and economic relations
between the two countries, and discuss opportunities to expand
in the Middle East through the QFC platform. The roadshow
also provided attendees with an opportunity to network with
some of the Middle East and North Africa region’s most
influential decision-makers, including Ghorfa, AHK, Manateq
and Rödl & Partner. Relations between Germany and Qatar
have continued to strengthen over the past few years with
Germany emerging as the 12th largest trading partner for Qatar
with a 2.4% of the total value of trade exchange. (Gulf-
Times.com)
 BMI: Office space to grow by 2mn square meters by 2019 –
Around 2mn square meters of office space is expected to enter
Qatari market by 2019, BMI Research has said in its latest
report. The office sector in Qatar benefits from a strong
development pipeline and higher levels of demand on the back
of greater government spending, the report said. According to
the report, Doha will be central for office developments in the
country as the city is the focus of most tenant interest and will
see continued higher levels of demand leading up to the 2022
FIFA World Cup with a particular appetite for premium grade
units from international investors. On the other hand, the
report said, Al Khor and Al Wakra are seeing little interest for
higher-grade space, as developers are unwilling to build due to
the economic focus on Doha. The commercial real estate market
will also continue to benefit from Qatar's strong
macroeconomic fundamentals, including low unemployment
and a diversified labor market, which will support business
sentiment, the report said. (Qatar Tribune)
Overall Activity Buy %* Sell %* Net (QR)
Qatari Individuals 58.42% 52.21% 13,807,569.87
Qatari Institutions 17.79% 22.01% (9,397,259.46)
Qatari 76.21% 74.22% 4,410,310.41
GCC Individuals 0.50% 0.75% (558,127.61)
GCC Institutions 3.57% 9.58% (13,366,973.97)
GCC 4.07% 10.33% (13,925,101.58)
Non-Qatari Individuals 11.22% 8.19% 6,738,004.44
Non-Qatari Institutions 8.50% 7.25% 2,776,786.73
Non-Qatari 19.72% 15.44% 9,514,791.17
Page 3 of 5
 Qatar Chamber seeks to revive ‘Doha Round’ negotiations with
WTO – Qatar Chamber is seeking to revive the ‘Doha Round’
negotiations with the World Trade Organization (WTO) after a
12-year deadlock, an official said. The Doha Round is part of
trade negotiations among WTO membership, and aims to
achieve major reforms in the international trading system
through the introduction of lower trade barriers and revised
trade rules. Qatar Chamber Chairman Sheikh Khalifa bin Jassim
al-Thani, who is also the Chairman of the International
Chamber of Commerce (ICC) Qatar, said the chamber adopted
the World Trade Agenda (WTA) initiative in 2013, in
cooperation with ICC, to push forward the Doha Round. The
chamber is supported and encouraged by the government of
Qatar to determine many priorities, which were submitted
during the ‘9th Ministerial Conference’ of the World Trade
Organization held in 2013 in Bali. “This resulted in achieving
the WTO Trade Facilitation Agreement, which was created to
ensure revenues through trade overseas and provide job
opportunities for developing and least-developed countries”, he
noted. (Gulf-Times.com)
 Qatar, UK investment forum opens in London – The high-profile
Qatar-UK Business & Investment Forum is set to open in
London on March 27, 2017. The event has brought together
several Qatari Ministers, corporate heads and a largest-ever
number of potential investors. (Peninsula Qatar)
International
 China January-February industrial profits surge 32% as
commodity prices rally – Profits of Chinese industrial firms
surged 31.5% in the first two months of 2017 from a year earlier
as prices of commodities from coal to iron ore raced higher,
while strong imports also pointed to a pick-up in activity. Total
profits over the first two months of the year were $147bn, the
National Bureau of Statistics said in a statement. The profit
increase was mostly due to faster growth in prices of coal, steel
and crude oil, He Ping, a statistics bureau official, said in a note
accompanying the statement. The pace of earnings growth
picked up sharply from a 2.3% increase in December. (Reuters)
 BOJ March meeting summary: Policy will remain easy for some
time – Bank of Japan board members said easy monetary policy
will be in place for some time because consumer price growth is
still distant from the central bank's 2% inflation target, a
summary of opinions from their March 15-16 meeting showed.
Bank of Japan board members said easy monetary policy will be
in place for some time because consumer price growth is still
distant from the central bank's 2% inflation target, a summary
of opinions from their March 15-16 meeting showed. At the
meeting, the BOJ kept policy on hold and Governor Haruhiko
Kuroda pushed back against speculation that the BOJ will raise
its target for the 10-year bond yield sometime this year.
(Reuters)
 Japanese manufacturers brace for possible US import tax –
Japanese manufacturers are wary of a possible US border tax,
with just over half expecting profits to take a hit if the US put a
20% levy on imports, a Reuters poll showed. In response, they
are thinking of cutting costs, increasing production and
procurement in the US and raising US product prices, but those
steps would offset only some of the impact, the monthly
Reuters Corporate Survey found. The US is the top destination
for Japanese shipments. The House Republicans' proposal to tax
imports at 20% could hurt Japan's vital automobile, electronics
and other exporters. In the monthly survey, conducted March 7-
21 for Reuters by Nikkei Research, 51% of the 129
manufacturers that responded said earnings would be affected.
The ratio was highest among automotive-related firms, at 77%.
The figure is lower for Japanese companies overall, at 36% of
the 246 that participated in the survey, which includes service-
sector and other non-manufacturing firms that focus more on
the domestic economy. (Reuters)
Regional
 OPEC, non-OPEC oil producers to look at extending oil-output
cut by six months – A joint committee of ministers from the
Organization of the Petroleum Exporting Countries (OPEC) and
non-OPEC oil producers has agreed to review whether a global
pact to limit supplies should be extended by six months. An
earlier draft of the statement had said the committee "reports
high level of conformity and recommends six-month
extension". But the final version said only that the committee
had requested a technical group and for the OPEC Secretariat to
"review the oil market conditions and revert in April, 2017
regarding the extension of the voluntary production
adjustments". Oil sector analysts said the lack of an immediate
extension could drag on crude prices. Harry Tchilinguirian,
Head of commodities strategy at BNP Paribas in London said,
“The dropping of the recommendation to extend cuts in favor of
technical review committee is likely to lead to a lot of
disappointment and potential further liquidation of long
positions by money managers that will put downward pressure
on oil prices.” (Reuters)
 Saudi Arabian government won't issue domestic bonds for a
sixth successive month – According to Maal financial news
service, Saudi Arabia's government has decided to suspend its
monthly issue of domestic bonds in March, refraining from
issuing local currency bonds for a sixth month in a row. The
government did not want to crowd out private sector financing
at a time when national oil giant Saudi Aramco is preparing to
make its first issue of Riyal-denominated Sukuk. The
suspension of March domestic government bond issue is
possible because higher oil prices have improved government
revenues and the government's $17.5bn issue of international
conventional bonds last October was successful. (Bloomberg)
 Goldman Sachs in talks for Saudi Arabia equities license –
According to sources, Goldman Sachs Group is in preliminary
talks for an equities license in Saudi Arabia as the US lender
seeks to take advantage of the country’s economic reforms. The
bank has yet to file a formal application. A Goldman Sachs
representative declined to comment. Goldman is following
banks including HSBC Holdings, Citigroup and Ashmore Group,
which already acquired equities licenses in the Kingdom after
the country opened to foreign investment in 2015. Saudi Arabia
is emerging as an attractive opportunity for international banks
as the Kingdom takes steps to overhaul its economy, including
plans for what could be the largest-ever initial public offering
with the listing of Saudi Arabian Oil Co. Goldman Sachs is one
of the banks that Aramco asked to pitch for an advisory role on
the listing. (Gulf-Times.com)
Page 4 of 5
 UAE SMEs optimistic on business growth in 2017 – According
to a survey conducted by MEED, business owners of small- and
medium-sized enterprises (SME) in the UAE remain optimistic
about their growth prospects in 2017. Out of the 138 SMEs that
participated in the survey, 74 said they expect to grow their
business in 2017 by 10-50% compared with last year. Moreover,
23 business owners said they forecast their business to grow by
at least 20% compared to last year; while 15 entrepreneurs see a
more robust 50% increase in business against their performance
in 2016. (GulfBase.com)
 UAE increases infrastructure expenditure in 2017 – The UAE is
expected to increase expenditure, primarily in areas of
infrastructure and developmental enterprises, which will reflect
positively on the government’s revenues. In a report published
by the Al-Bayan newspaper, Knight Frank, a leading
independent real estate consultancy, expected the UAE
business outlook in 2017 to be positive. Citing the current
preparations going at full tilt for EXPO 2020 Dubai, the report
said the current real estate and tourism investments are
expected to further consolidate and propel the economy to
further new heights, especially after the global oil prices
recovered some of the losses sustained over the past year.
(Bloomberg)
 UAE International Investors Council discusses plans – The UAE
International Investors Council recently held its third general
assembly and a meeting of its board of directors to discuss a
range of issues and future plans. Sultan Bin Saeed Al Mansouri,
Minister of Economy and the Chairman of the board of directors
of the Council, highlighted the vital role of the council in
supporting Emirati companies investing in other countries. The
UAE International Investors Council serves as a link between
the council members and UAE government agencies to support
the national economy. The Council aims to join investment
efforts of UAE companies investing abroad under one umbrella
to form an investment power to remove obstacles, strengthen
foreign investment relations and support sustainable economic
development. (GulfBase.com)
 Emaar Malls bids for Souq.com to challenge Amazon – Emaar
Malls has made a bid for Dubai online retailer Souq.com,
seeking to challenge an existing offer from online retail giant
Amazon. The unit of Emaar Properties offered about $800mn for
Souq.com, which includes a convertible deposit of $500mn.
Amazon restarted talks to acquire Souq.com in a deal valued at
as much as $650mn after walking away earlier in 2017.
(GulfBase.com)
 Heavy industries major catalyst for economic growth in Abu
Dhabi – Heavy industries are among the major catalysts that
underpin the economy of Abu Dhabi, with the Emirate having
invested more than AED51bn over the past 15 years to
establish a robust industrial infrastructure for aluminum and
steel industries. Citing official figures of the Emirates Global
Aluminum (EGA) and Emirates Steel (ES) said that the
aluminum and steel industries have been rapidly growing in the
Emirate over the past few years, producing and exporting
hundreds of premium quality products to more than 50
countries all over the world. The EGA’s sales in 2016 hit
AED18bn, while ES' reached AED6.7bn. (Bloomberg)
 NBK the first GCC bank to open branch in China – National
Bank of Kuwait (NBK) opened its new branch in People’s
Republic of China. NBK has previously set up a representative
office in Shanghai in 2005. The bank’s activities were limited to
non-operational activities such as client referral, information
gathering, and market research. Since then, NBK decided to
expand its presence in China through transforming its
representative office into a branch, becoming the first GCC
bank to launch a fully-fledged branch in China. This step
positions NBK to seize expansion opportunities and to reinforce
mutual investment cooperation between the MENA region and
China. (GulfBase.com)
Contacts
Saugata Sarkar 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
financial advice. QNBFS accepts no liability whatsoever for any direct or indirect losses arising from use of this report. Any investment decision should depend on the individual circumstances of
the investor and be based on specifically engaged investment advice. We therefore strongly advise potential investors to seek independent professional advice before making any investment
decision. Although the information in this report has been obtained from sources that QNBFS believes to be reliable, we have not independently verified such information and it may not be
accurate or complete. QNBFS does not make any representations or warranties as to the accuracy and completeness of the information it may contain, and declines any liability in that respect.
For reports dealing with Technical Analysis, expressed opinions and/or recommendations may be different or contrary to the opinions/recommendations of QNBFS Fundamental Research as a
result of depending solely on the historical technical data (price and volume). QNBFS reserves the right to amend the views and opinions expressed in this publication at any time. It may also
express viewpoints or make investment decisions that differ significantly from, or even contradict, the views and opinions included in this report. This report may not be reproduced in whole or in
part without permission from QNBFS.
COPYRIGHT: No part of this document may be reproduced without the explicit written permission of QNBFS.
Page 5 of 5
Rebased Performance Daily Index Performance
Source: Bloomberg Source: Bloomberg
Source: Bloomberg Source: Bloomberg (*$ adjusted returns)
70.0
90.0
110.0
130.0
150.0
170.0
Feb-13 Feb-14 Feb-15 Feb-16 Feb-17
QSE Index S&P Pan Arab S&P GCC
(0.1%)
(0.3%)
(0.0%)
0.2%
0.3%
(0.7%)
0.2%
(1.0%)
(0.5%)
0.0%
0.5%
SaudiArabia
Qatar
Kuwait
Bahrain
Oman
AbuDhabi
Dubai
Asset/Currency Performance Close ($) 1D% WTD% YTD% Global Indices Performance Close 1D%* WTD%* YTD%*
Gold/Ounce 1,243.45 (0.1) 1.2 7.9 MSCI World Index 1,845.81 0.0 (0.9) 5.4
Silver/Ounce 17.77 1.0 2.1 11.6 DJ Industrial 20,596.72 (0.3) (1.5) 4.2
Crude Oil (Brent)/Barrel (FM Future) 50.80 0.5 (1.9) (10.6) S&P 500 2,343.98 (0.1) (1.4) 4.7
Crude Oil (WTI)/Barrel (FM Future) 47.97 0.6 (1.7) (10.7) NASDAQ 100 5,828.74 0.2 (1.2) 8.3
Natural Gas (Henry Hub)/MMBtu 2.92 (0.5) 3.3 (20.7) STOXX 600 376.51 0.0 0.1 6.7
LPG Propane (Arab Gulf)/Ton 57.50 (1.7) (3.6) (20.3) DAX 12,064.27 0.4 0.3 7.6
LPG Butane (Arab Gulf)/Ton 61.50 (0.2) (1.6) (47.4) FTSE 100 7,336.82 (0.2) (0.4) 4.0
Euro 1.08 0.1 0.6 2.7 CAC 40 5,020.90 (0.0) 0.4 5.8
Yen 111.34 0.4 (1.2) (4.8) Nikkei 19,262.53 1.1 0.3 6.0
GBP 1.25 (0.4) 0.6 1.1 MSCI EM 969.13 0.1 0.4 12.4
CHF 1.01 0.2 0.7 2.8 SHANGHAI SE Composite 3,269.45 0.7 1.2 6.2
AUD 0.76 (0.1) (1.1) 5.8 HANG SENG 24,358.27 0.1 0.1 10.5
USD Index 99.63 (0.1) (0.7) (2.5) BSE SENSEX 29,421.40 0.3 (0.6) 14.8
RUB 56.93 (0.7) (0.4) (7.5) Bovespa 63,853.77 1.1 (1.1) 10.7
BRL 0.32 1.1 (0.6) 4.7 RTS 1,124.66 0.0 1.1 (2.4)
119.3
100.1
98.5

More Related Content

What's hot

QNBFS Daily Market Report January 26, 2022
QNBFS Daily Market Report January 26, 2022QNBFS Daily Market Report January 26, 2022
QNBFS Daily Market Report January 26, 2022
QNB Group
 
12 September Daily market report
12 September Daily market report 12 September Daily market report
12 September Daily market report
QNB Group
 
11 June Daily market report
11 June Daily market report 11 June Daily market report
11 June Daily market report
QNB Group
 
9 April Daily market report
9 April Daily market report 9 April Daily market report
9 April Daily market report
QNB Group
 
QNBFS Daily Market Report October 19, 2021
QNBFS Daily Market Report October 19, 2021QNBFS Daily Market Report October 19, 2021
QNBFS Daily Market Report October 19, 2021
QNB Group
 
QNBFS Daily Market Report March 30, 2017
QNBFS Daily Market Report March 30, 2017QNBFS Daily Market Report March 30, 2017
QNBFS Daily Market Report March 30, 2017
QNB Group
 
QNBFS Daily Market Report November 22, 2021
QNBFS Daily Market Report November 22, 2021QNBFS Daily Market Report November 22, 2021
QNBFS Daily Market Report November 22, 2021
QNB Group
 
QNBFS Daily Market Report October 24, 2021
QNBFS Daily Market Report October 24, 2021QNBFS Daily Market Report October 24, 2021
QNBFS Daily Market Report October 24, 2021
QNB Group
 
22 July Daily market report
22 July Daily market report22 July Daily market report
22 July Daily market report
QNB Group
 
QNBFS Daily Market Report November 20, 2018
QNBFS Daily Market Report November 20, 2018QNBFS Daily Market Report November 20, 2018
QNBFS Daily Market Report November 20, 2018
QNB Group
 
23 April Daily Market Report
 23 April Daily Market Report 23 April Daily Market Report
23 April Daily Market Report
QNB Group
 
1 July Daily market report
1 July Daily market report 1 July Daily market report
1 July Daily market report
QNB Group
 
4 March Daily market report
4 March Daily market report 4 March Daily market report
4 March Daily market report
QNB Group
 
QNBFS Daily Market Report October 21, 2018
QNBFS Daily Market Report October 21, 2018QNBFS Daily Market Report October 21, 2018
QNBFS Daily Market Report October 21, 2018
QNB Group
 
29 March Daily market report
29 March Daily market report 29 March Daily market report
29 March Daily market report
QNB Group
 
QNBFS Daily Market Report November 14, 2021
QNBFS Daily Market Report November 14, 2021QNBFS Daily Market Report November 14, 2021
QNBFS Daily Market Report November 14, 2021
QNB Group
 
29 April Daily market report
29 April Daily market report29 April Daily market report
29 April Daily market report
QNB Group
 
QNBFS Daily Market Report January 20, 2019
QNBFS Daily Market Report January 20, 2019QNBFS Daily Market Report January 20, 2019
QNBFS Daily Market Report January 20, 2019
QNB Group
 
16 July Daily market report
16 July Daily market report 16 July Daily market report
16 July Daily market report
QNB Group
 
QNBFS Daily Market Report August 14, 2018
QNBFS Daily Market Report August 14, 2018QNBFS Daily Market Report August 14, 2018
QNBFS Daily Market Report August 14, 2018
QNB Group
 

What's hot (20)

QNBFS Daily Market Report January 26, 2022
QNBFS Daily Market Report January 26, 2022QNBFS Daily Market Report January 26, 2022
QNBFS Daily Market Report January 26, 2022
 
12 September Daily market report
12 September Daily market report 12 September Daily market report
12 September Daily market report
 
11 June Daily market report
11 June Daily market report 11 June Daily market report
11 June Daily market report
 
9 April Daily market report
9 April Daily market report 9 April Daily market report
9 April Daily market report
 
QNBFS Daily Market Report October 19, 2021
QNBFS Daily Market Report October 19, 2021QNBFS Daily Market Report October 19, 2021
QNBFS Daily Market Report October 19, 2021
 
QNBFS Daily Market Report March 30, 2017
QNBFS Daily Market Report March 30, 2017QNBFS Daily Market Report March 30, 2017
QNBFS Daily Market Report March 30, 2017
 
QNBFS Daily Market Report November 22, 2021
QNBFS Daily Market Report November 22, 2021QNBFS Daily Market Report November 22, 2021
QNBFS Daily Market Report November 22, 2021
 
QNBFS Daily Market Report October 24, 2021
QNBFS Daily Market Report October 24, 2021QNBFS Daily Market Report October 24, 2021
QNBFS Daily Market Report October 24, 2021
 
22 July Daily market report
22 July Daily market report22 July Daily market report
22 July Daily market report
 
QNBFS Daily Market Report November 20, 2018
QNBFS Daily Market Report November 20, 2018QNBFS Daily Market Report November 20, 2018
QNBFS Daily Market Report November 20, 2018
 
23 April Daily Market Report
 23 April Daily Market Report 23 April Daily Market Report
23 April Daily Market Report
 
1 July Daily market report
1 July Daily market report 1 July Daily market report
1 July Daily market report
 
4 March Daily market report
4 March Daily market report 4 March Daily market report
4 March Daily market report
 
QNBFS Daily Market Report October 21, 2018
QNBFS Daily Market Report October 21, 2018QNBFS Daily Market Report October 21, 2018
QNBFS Daily Market Report October 21, 2018
 
29 March Daily market report
29 March Daily market report 29 March Daily market report
29 March Daily market report
 
QNBFS Daily Market Report November 14, 2021
QNBFS Daily Market Report November 14, 2021QNBFS Daily Market Report November 14, 2021
QNBFS Daily Market Report November 14, 2021
 
29 April Daily market report
29 April Daily market report29 April Daily market report
29 April Daily market report
 
QNBFS Daily Market Report January 20, 2019
QNBFS Daily Market Report January 20, 2019QNBFS Daily Market Report January 20, 2019
QNBFS Daily Market Report January 20, 2019
 
16 July Daily market report
16 July Daily market report 16 July Daily market report
16 July Daily market report
 
QNBFS Daily Market Report August 14, 2018
QNBFS Daily Market Report August 14, 2018QNBFS Daily Market Report August 14, 2018
QNBFS Daily Market Report August 14, 2018
 

Similar to QNBFS Daily Market Report March 27, 2017

QNBFS Daily Market Report June 14, 2021
QNBFS Daily Market Report June 14, 2021QNBFS Daily Market Report June 14, 2021
QNBFS Daily Market Report June 14, 2021
QNB Group
 
QNBFS Daily Market Report January 02, 2022
QNBFS Daily Market Report January 02, 2022QNBFS Daily Market Report January 02, 2022
QNBFS Daily Market Report January 02, 2022
QNB Group
 
Daily market report
Daily market reportDaily market report
Daily market report
QNB Group
 
QNBFS Daily Market Report June 07, 2021
QNBFS Daily Market Report June 07, 2021QNBFS Daily Market Report June 07, 2021
QNBFS Daily Market Report June 07, 2021
QNB Group
 
4 August Technical Market Report
4 August Technical Market Report4 August Technical Market Report
4 August Technical Market Report
QNB Group
 
Daily Market Report February 23, 2021
Daily Market Report February 23, 2021Daily Market Report February 23, 2021
Daily Market Report February 23, 2021
QNB Group
 
QNBFS Daily Market Report June 10, 2021
QNBFS Daily Market Report June 10, 2021QNBFS Daily Market Report June 10, 2021
QNBFS Daily Market Report June 10, 2021
QNB Group
 
QNBFS Daily Market Report July 18, 2019
QNBFS Daily Market Report July 18, 2019QNBFS Daily Market Report July 18, 2019
QNBFS Daily Market Report July 18, 2019
QNB Group
 
QNBFS Daily Market Report August 16, 2018
QNBFS Daily Market Report August 16, 2018QNBFS Daily Market Report August 16, 2018
QNBFS Daily Market Report August 16, 2018
QNB Group
 
25 August Daily Market Report
25 August Daily Market Report 25 August Daily Market Report
25 August Daily Market Report
QNB Group
 
19 March Daily market report
19 March Daily market report 19 March Daily market report
19 March Daily market report
QNB Group
 
20 August Daily Market Report
20 August Daily Market Report20 August Daily Market Report
20 August Daily Market Report
QNB Group
 
QNBFS Daily Market Report May 28, 2018
QNBFS Daily Market Report May 28, 2018QNBFS Daily Market Report May 28, 2018
QNBFS Daily Market Report May 28, 2018
QNB Group
 
QNBFS Daily Market Report August 08, 2016
QNBFS Daily Market Report August 08, 2016QNBFS Daily Market Report August 08, 2016
QNBFS Daily Market Report August 08, 2016
QNB Group
 
QNBFS Daily Market Report August 09, 2016
QNBFS Daily Market Report August 09, 2016QNBFS Daily Market Report August 09, 2016
QNBFS Daily Market Report August 09, 2016
QNB Group
 
14 June Daily market report
14 June Daily market report14 June Daily market report
14 June Daily market report
QNB Group
 
QNBFS Daily Market Report May 20, 2021
QNBFS Daily Market Report May 20, 2021QNBFS Daily Market Report May 20, 2021
QNBFS Daily Market Report May 20, 2021
QNB Group
 
QNBFS Daily Market Report September 21, 2021
QNBFS Daily Market Report September 21, 2021QNBFS Daily Market Report September 21, 2021
QNBFS Daily Market Report September 21, 2021
QNB Group
 
QNBFS Daily Market Report May 18, 2021
QNBFS Daily Market Report May 18, 2021QNBFS Daily Market Report May 18, 2021
QNBFS Daily Market Report May 18, 2021
QNB Group
 
27 May Technical market report
27 May Technical market report27 May Technical market report
27 May Technical market report
QNB Group
 

Similar to QNBFS Daily Market Report March 27, 2017 (20)

QNBFS Daily Market Report June 14, 2021
QNBFS Daily Market Report June 14, 2021QNBFS Daily Market Report June 14, 2021
QNBFS Daily Market Report June 14, 2021
 
QNBFS Daily Market Report January 02, 2022
QNBFS Daily Market Report January 02, 2022QNBFS Daily Market Report January 02, 2022
QNBFS Daily Market Report January 02, 2022
 
Daily market report
Daily market reportDaily market report
Daily market report
 
QNBFS Daily Market Report June 07, 2021
QNBFS Daily Market Report June 07, 2021QNBFS Daily Market Report June 07, 2021
QNBFS Daily Market Report June 07, 2021
 
4 August Technical Market Report
4 August Technical Market Report4 August Technical Market Report
4 August Technical Market Report
 
Daily Market Report February 23, 2021
Daily Market Report February 23, 2021Daily Market Report February 23, 2021
Daily Market Report February 23, 2021
 
QNBFS Daily Market Report June 10, 2021
QNBFS Daily Market Report June 10, 2021QNBFS Daily Market Report June 10, 2021
QNBFS Daily Market Report June 10, 2021
 
QNBFS Daily Market Report July 18, 2019
QNBFS Daily Market Report July 18, 2019QNBFS Daily Market Report July 18, 2019
QNBFS Daily Market Report July 18, 2019
 
QNBFS Daily Market Report August 16, 2018
QNBFS Daily Market Report August 16, 2018QNBFS Daily Market Report August 16, 2018
QNBFS Daily Market Report August 16, 2018
 
25 August Daily Market Report
25 August Daily Market Report 25 August Daily Market Report
25 August Daily Market Report
 
19 March Daily market report
19 March Daily market report 19 March Daily market report
19 March Daily market report
 
20 August Daily Market Report
20 August Daily Market Report20 August Daily Market Report
20 August Daily Market Report
 
QNBFS Daily Market Report May 28, 2018
QNBFS Daily Market Report May 28, 2018QNBFS Daily Market Report May 28, 2018
QNBFS Daily Market Report May 28, 2018
 
QNBFS Daily Market Report August 08, 2016
QNBFS Daily Market Report August 08, 2016QNBFS Daily Market Report August 08, 2016
QNBFS Daily Market Report August 08, 2016
 
QNBFS Daily Market Report August 09, 2016
QNBFS Daily Market Report August 09, 2016QNBFS Daily Market Report August 09, 2016
QNBFS Daily Market Report August 09, 2016
 
14 June Daily market report
14 June Daily market report14 June Daily market report
14 June Daily market report
 
QNBFS Daily Market Report May 20, 2021
QNBFS Daily Market Report May 20, 2021QNBFS Daily Market Report May 20, 2021
QNBFS Daily Market Report May 20, 2021
 
QNBFS Daily Market Report September 21, 2021
QNBFS Daily Market Report September 21, 2021QNBFS Daily Market Report September 21, 2021
QNBFS Daily Market Report September 21, 2021
 
QNBFS Daily Market Report May 18, 2021
QNBFS Daily Market Report May 18, 2021QNBFS Daily Market Report May 18, 2021
QNBFS Daily Market Report May 18, 2021
 
27 May Technical market report
27 May Technical market report27 May Technical market report
27 May Technical market report
 

More from QNB Group

QNBFS Daily Market Report December 24, 2023
QNBFS Daily Market Report December 24, 2023QNBFS Daily Market Report December 24, 2023
QNBFS Daily Market Report December 24, 2023
QNB Group
 
QNBFS Daily Market Report November 29, 2023
QNBFS Daily Market Report November 29, 2023QNBFS Daily Market Report November 29, 2023
QNBFS Daily Market Report November 29, 2023
QNB Group
 
QNBFS Weekly Market Report November 23, 2023
QNBFS Weekly Market Report November 23, 2023QNBFS Weekly Market Report November 23, 2023
QNBFS Weekly Market Report November 23, 2023
QNB Group
 
QNBFS Weekly Market Report November 16, 2023
QNBFS Weekly Market Report November 16, 2023QNBFS Weekly Market Report November 16, 2023
QNBFS Weekly Market Report November 16, 2023
QNB Group
 
QNBFS Daily Technical Trader Qatar - November 14, 2023 التحليل الفني اليومي ل...
QNBFS Daily Technical Trader Qatar - November 14, 2023 التحليل الفني اليومي ل...QNBFS Daily Technical Trader Qatar - November 14, 2023 التحليل الفني اليومي ل...
QNBFS Daily Technical Trader Qatar - November 14, 2023 التحليل الفني اليومي ل...
QNB Group
 
QNBFS Daily Technical Trader Qatar - November 06, 2023 التحليل الفني اليومي ل...
QNBFS Daily Technical Trader Qatar - November 06, 2023 التحليل الفني اليومي ل...QNBFS Daily Technical Trader Qatar - November 06, 2023 التحليل الفني اليومي ل...
QNBFS Daily Technical Trader Qatar - November 06, 2023 التحليل الفني اليومي ل...
QNB Group
 
QNBFS Daily Market Report October 30, 2023
QNBFS Daily Market Report October 30, 2023QNBFS Daily Market Report October 30, 2023
QNBFS Daily Market Report October 30, 2023
QNB Group
 
QNBFS Daily Technical Trader Qatar - October 25, 2023 التحليل الفني اليومي لب...
QNBFS Daily Technical Trader Qatar - October 25, 2023 التحليل الفني اليومي لب...QNBFS Daily Technical Trader Qatar - October 25, 2023 التحليل الفني اليومي لب...
QNBFS Daily Technical Trader Qatar - October 25, 2023 التحليل الفني اليومي لب...
QNB Group
 
QNBFS Daily Technical Trader Qatar - October 10, 2023 التحليل الفني اليومي لب...
QNBFS Daily Technical Trader Qatar - October 10, 2023 التحليل الفني اليومي لب...QNBFS Daily Technical Trader Qatar - October 10, 2023 التحليل الفني اليومي لب...
QNBFS Daily Technical Trader Qatar - October 10, 2023 التحليل الفني اليومي لب...
QNB Group
 
QNBFS Daily Technical Trader Qatar - October 11, 2023 التحليل الفني اليومي لب...
QNBFS Daily Technical Trader Qatar - October 11, 2023 التحليل الفني اليومي لب...QNBFS Daily Technical Trader Qatar - October 11, 2023 التحليل الفني اليومي لب...
QNBFS Daily Technical Trader Qatar - October 11, 2023 التحليل الفني اليومي لب...
QNB Group
 
QNBFS Daily Technical Trader Qatar - October 10, 2023 التحليل الفني اليومي لب...
QNBFS Daily Technical Trader Qatar - October 10, 2023 التحليل الفني اليومي لب...QNBFS Daily Technical Trader Qatar - October 10, 2023 التحليل الفني اليومي لب...
QNBFS Daily Technical Trader Qatar - October 10, 2023 التحليل الفني اليومي لب...
QNB Group
 
QNBFS Daily Market Report October 04, 2023
QNBFS Daily Market Report October 04, 2023QNBFS Daily Market Report October 04, 2023
QNBFS Daily Market Report October 04, 2023
QNB Group
 
QNBFS Daily Technical Trader Qatar - October 04, 2023 التحليل الفني اليومي لب...
QNBFS Daily Technical Trader Qatar - October 04, 2023 التحليل الفني اليومي لب...QNBFS Daily Technical Trader Qatar - October 04, 2023 التحليل الفني اليومي لب...
QNBFS Daily Technical Trader Qatar - October 04, 2023 التحليل الفني اليومي لب...
QNB Group
 
QNBFS Daily Technical Trader Qatar - September 28, 2023 التحليل الفني اليومي ...
QNBFS Daily Technical Trader Qatar - September 28, 2023 التحليل الفني اليومي ...QNBFS Daily Technical Trader Qatar - September 28, 2023 التحليل الفني اليومي ...
QNBFS Daily Technical Trader Qatar - September 28, 2023 التحليل الفني اليومي ...
QNB Group
 
QNBFS Daily Market Report September 24, 2023
QNBFS Daily Market Report September 24, 2023QNBFS Daily Market Report September 24, 2023
QNBFS Daily Market Report September 24, 2023
QNB Group
 
QNBFS Daily Technical Trader Qatar - September 24, 2023 التحليل الفني اليومي ...
QNBFS Daily Technical Trader Qatar - September 24, 2023 التحليل الفني اليومي ...QNBFS Daily Technical Trader Qatar - September 24, 2023 التحليل الفني اليومي ...
QNBFS Daily Technical Trader Qatar - September 24, 2023 التحليل الفني اليومي ...
QNB Group
 
QNBFS Daily Technical Trader Qatar - September 19, 2023 التحليل الفني اليومي ...
QNBFS Daily Technical Trader Qatar - September 19, 2023 التحليل الفني اليومي ...QNBFS Daily Technical Trader Qatar - September 19, 2023 التحليل الفني اليومي ...
QNBFS Daily Technical Trader Qatar - September 19, 2023 التحليل الفني اليومي ...
QNB Group
 
QNBFS Daily Market Report September 17, 2023
QNBFS Daily Market Report September 17, 2023QNBFS Daily Market Report September 17, 2023
QNBFS Daily Market Report September 17, 2023
QNB Group
 
QNBFS Weekly Market Report September 07, 2023
QNBFS Weekly Market Report September 07, 2023QNBFS Weekly Market Report September 07, 2023
QNBFS Weekly Market Report September 07, 2023
QNB Group
 
QNBFS Daily Technical Trader Qatar - September 07, 2023 التحليل الفني اليومي ...
QNBFS Daily Technical Trader Qatar - September 07, 2023 التحليل الفني اليومي ...QNBFS Daily Technical Trader Qatar - September 07, 2023 التحليل الفني اليومي ...
QNBFS Daily Technical Trader Qatar - September 07, 2023 التحليل الفني اليومي ...
QNB Group
 

More from QNB Group (20)

QNBFS Daily Market Report December 24, 2023
QNBFS Daily Market Report December 24, 2023QNBFS Daily Market Report December 24, 2023
QNBFS Daily Market Report December 24, 2023
 
QNBFS Daily Market Report November 29, 2023
QNBFS Daily Market Report November 29, 2023QNBFS Daily Market Report November 29, 2023
QNBFS Daily Market Report November 29, 2023
 
QNBFS Weekly Market Report November 23, 2023
QNBFS Weekly Market Report November 23, 2023QNBFS Weekly Market Report November 23, 2023
QNBFS Weekly Market Report November 23, 2023
 
QNBFS Weekly Market Report November 16, 2023
QNBFS Weekly Market Report November 16, 2023QNBFS Weekly Market Report November 16, 2023
QNBFS Weekly Market Report November 16, 2023
 
QNBFS Daily Technical Trader Qatar - November 14, 2023 التحليل الفني اليومي ل...
QNBFS Daily Technical Trader Qatar - November 14, 2023 التحليل الفني اليومي ل...QNBFS Daily Technical Trader Qatar - November 14, 2023 التحليل الفني اليومي ل...
QNBFS Daily Technical Trader Qatar - November 14, 2023 التحليل الفني اليومي ل...
 
QNBFS Daily Technical Trader Qatar - November 06, 2023 التحليل الفني اليومي ل...
QNBFS Daily Technical Trader Qatar - November 06, 2023 التحليل الفني اليومي ل...QNBFS Daily Technical Trader Qatar - November 06, 2023 التحليل الفني اليومي ل...
QNBFS Daily Technical Trader Qatar - November 06, 2023 التحليل الفني اليومي ل...
 
QNBFS Daily Market Report October 30, 2023
QNBFS Daily Market Report October 30, 2023QNBFS Daily Market Report October 30, 2023
QNBFS Daily Market Report October 30, 2023
 
QNBFS Daily Technical Trader Qatar - October 25, 2023 التحليل الفني اليومي لب...
QNBFS Daily Technical Trader Qatar - October 25, 2023 التحليل الفني اليومي لب...QNBFS Daily Technical Trader Qatar - October 25, 2023 التحليل الفني اليومي لب...
QNBFS Daily Technical Trader Qatar - October 25, 2023 التحليل الفني اليومي لب...
 
QNBFS Daily Technical Trader Qatar - October 10, 2023 التحليل الفني اليومي لب...
QNBFS Daily Technical Trader Qatar - October 10, 2023 التحليل الفني اليومي لب...QNBFS Daily Technical Trader Qatar - October 10, 2023 التحليل الفني اليومي لب...
QNBFS Daily Technical Trader Qatar - October 10, 2023 التحليل الفني اليومي لب...
 
QNBFS Daily Technical Trader Qatar - October 11, 2023 التحليل الفني اليومي لب...
QNBFS Daily Technical Trader Qatar - October 11, 2023 التحليل الفني اليومي لب...QNBFS Daily Technical Trader Qatar - October 11, 2023 التحليل الفني اليومي لب...
QNBFS Daily Technical Trader Qatar - October 11, 2023 التحليل الفني اليومي لب...
 
QNBFS Daily Technical Trader Qatar - October 10, 2023 التحليل الفني اليومي لب...
QNBFS Daily Technical Trader Qatar - October 10, 2023 التحليل الفني اليومي لب...QNBFS Daily Technical Trader Qatar - October 10, 2023 التحليل الفني اليومي لب...
QNBFS Daily Technical Trader Qatar - October 10, 2023 التحليل الفني اليومي لب...
 
QNBFS Daily Market Report October 04, 2023
QNBFS Daily Market Report October 04, 2023QNBFS Daily Market Report October 04, 2023
QNBFS Daily Market Report October 04, 2023
 
QNBFS Daily Technical Trader Qatar - October 04, 2023 التحليل الفني اليومي لب...
QNBFS Daily Technical Trader Qatar - October 04, 2023 التحليل الفني اليومي لب...QNBFS Daily Technical Trader Qatar - October 04, 2023 التحليل الفني اليومي لب...
QNBFS Daily Technical Trader Qatar - October 04, 2023 التحليل الفني اليومي لب...
 
QNBFS Daily Technical Trader Qatar - September 28, 2023 التحليل الفني اليومي ...
QNBFS Daily Technical Trader Qatar - September 28, 2023 التحليل الفني اليومي ...QNBFS Daily Technical Trader Qatar - September 28, 2023 التحليل الفني اليومي ...
QNBFS Daily Technical Trader Qatar - September 28, 2023 التحليل الفني اليومي ...
 
QNBFS Daily Market Report September 24, 2023
QNBFS Daily Market Report September 24, 2023QNBFS Daily Market Report September 24, 2023
QNBFS Daily Market Report September 24, 2023
 
QNBFS Daily Technical Trader Qatar - September 24, 2023 التحليل الفني اليومي ...
QNBFS Daily Technical Trader Qatar - September 24, 2023 التحليل الفني اليومي ...QNBFS Daily Technical Trader Qatar - September 24, 2023 التحليل الفني اليومي ...
QNBFS Daily Technical Trader Qatar - September 24, 2023 التحليل الفني اليومي ...
 
QNBFS Daily Technical Trader Qatar - September 19, 2023 التحليل الفني اليومي ...
QNBFS Daily Technical Trader Qatar - September 19, 2023 التحليل الفني اليومي ...QNBFS Daily Technical Trader Qatar - September 19, 2023 التحليل الفني اليومي ...
QNBFS Daily Technical Trader Qatar - September 19, 2023 التحليل الفني اليومي ...
 
QNBFS Daily Market Report September 17, 2023
QNBFS Daily Market Report September 17, 2023QNBFS Daily Market Report September 17, 2023
QNBFS Daily Market Report September 17, 2023
 
QNBFS Weekly Market Report September 07, 2023
QNBFS Weekly Market Report September 07, 2023QNBFS Weekly Market Report September 07, 2023
QNBFS Weekly Market Report September 07, 2023
 
QNBFS Daily Technical Trader Qatar - September 07, 2023 التحليل الفني اليومي ...
QNBFS Daily Technical Trader Qatar - September 07, 2023 التحليل الفني اليومي ...QNBFS Daily Technical Trader Qatar - September 07, 2023 التحليل الفني اليومي ...
QNBFS Daily Technical Trader Qatar - September 07, 2023 التحليل الفني اليومي ...
 

Recently uploaded

一比一原版美国新罕布什尔大学(unh)毕业证学历认证真实可查
一比一原版美国新罕布什尔大学(unh)毕业证学历认证真实可查一比一原版美国新罕布什尔大学(unh)毕业证学历认证真实可查
一比一原版美国新罕布什尔大学(unh)毕业证学历认证真实可查
taqyea
 
一比一原版(RMIT毕业证)皇家墨尔本理工大学毕业证如何办理
一比一原版(RMIT毕业证)皇家墨尔本理工大学毕业证如何办理一比一原版(RMIT毕业证)皇家墨尔本理工大学毕业证如何办理
一比一原版(RMIT毕业证)皇家墨尔本理工大学毕业证如何办理
k4ncd0z
 
FCCS Basic Accounts Outline and Hierarchy.pptx
FCCS Basic Accounts Outline and Hierarchy.pptxFCCS Basic Accounts Outline and Hierarchy.pptx
FCCS Basic Accounts Outline and Hierarchy.pptx
nalamynandan
 
OAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptx
OAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptxOAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptx
OAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptx
hiddenlevers
 
Seeman_Fiintouch_LLP_Newsletter_Jun_2024.pdf
Seeman_Fiintouch_LLP_Newsletter_Jun_2024.pdfSeeman_Fiintouch_LLP_Newsletter_Jun_2024.pdf
Seeman_Fiintouch_LLP_Newsletter_Jun_2024.pdf
Ashis Kumar Dey
 
Enhancing Asset Quality: Strategies for Financial Institutions
Enhancing Asset Quality: Strategies for Financial InstitutionsEnhancing Asset Quality: Strategies for Financial Institutions
Enhancing Asset Quality: Strategies for Financial Institutions
shruti1menon2
 
falcon-invoice-discounting-a-premier-investment-platform-for-superior-returns...
falcon-invoice-discounting-a-premier-investment-platform-for-superior-returns...falcon-invoice-discounting-a-premier-investment-platform-for-superior-returns...
falcon-invoice-discounting-a-premier-investment-platform-for-superior-returns...
Falcon Invoice Discounting
 
快速制作美国迈阿密大学牛津分校毕业证文凭证书英文原版一模一样
快速制作美国迈阿密大学牛津分校毕业证文凭证书英文原版一模一样快速制作美国迈阿密大学牛津分校毕业证文凭证书英文原版一模一样
快速制作美国迈阿密大学牛津分校毕业证文凭证书英文原版一模一样
rlo9fxi
 
Tdasx: In-Depth Analysis of Cryptocurrency Giveaway Scams and Security Strate...
Tdasx: In-Depth Analysis of Cryptocurrency Giveaway Scams and Security Strate...Tdasx: In-Depth Analysis of Cryptocurrency Giveaway Scams and Security Strate...
Tdasx: In-Depth Analysis of Cryptocurrency Giveaway Scams and Security Strate...
nimaruinazawa258
 
5 Tips for Creating Standard Financial Reports
5 Tips for Creating Standard Financial Reports5 Tips for Creating Standard Financial Reports
5 Tips for Creating Standard Financial Reports
EasyReports
 
Economic Risk Factor Update: June 2024 [SlideShare]
Economic Risk Factor Update: June 2024 [SlideShare]Economic Risk Factor Update: June 2024 [SlideShare]
Economic Risk Factor Update: June 2024 [SlideShare]
Commonwealth
 
Independent Study - College of Wooster Research (2023-2024)
Independent Study - College of Wooster Research (2023-2024)Independent Study - College of Wooster Research (2023-2024)
Independent Study - College of Wooster Research (2023-2024)
AntoniaOwensDetwiler
 
Who Is Abhay Bhutada, MD of Poonawalla Fincorp
Who Is Abhay Bhutada, MD of Poonawalla FincorpWho Is Abhay Bhutada, MD of Poonawalla Fincorp
Who Is Abhay Bhutada, MD of Poonawalla Fincorp
beulahfernandes8
 
Does teamwork really matter? Looking beyond the job posting to understand lab...
Does teamwork really matter? Looking beyond the job posting to understand lab...Does teamwork really matter? Looking beyond the job posting to understand lab...
Does teamwork really matter? Looking beyond the job posting to understand lab...
Labour Market Information Council | Conseil de l’information sur le marché du travail
 
Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...
Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...
Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...
AntoniaOwensDetwiler
 
在线办理(TAMU毕业证书)美国德州农工大学毕业证PDF成绩单一模一样
在线办理(TAMU毕业证书)美国德州农工大学毕业证PDF成绩单一模一样在线办理(TAMU毕业证书)美国德州农工大学毕业证PDF成绩单一模一样
在线办理(TAMU毕业证书)美国德州农工大学毕业证PDF成绩单一模一样
5spllj1l
 
falcon-invoice-discounting-a-strategic-approach-to-optimize-investments
falcon-invoice-discounting-a-strategic-approach-to-optimize-investmentsfalcon-invoice-discounting-a-strategic-approach-to-optimize-investments
falcon-invoice-discounting-a-strategic-approach-to-optimize-investments
Falcon Invoice Discounting
 
Solution Manual For Financial Accounting, 8th Canadian Edition 2024, by Libby...
Solution Manual For Financial Accounting, 8th Canadian Edition 2024, by Libby...Solution Manual For Financial Accounting, 8th Canadian Edition 2024, by Libby...
Solution Manual For Financial Accounting, 8th Canadian Edition 2024, by Libby...
Donc Test
 
Unlock-the-Power-of-UAN-Your-Key-to-Secure-Retirement.pptx
Unlock-the-Power-of-UAN-Your-Key-to-Secure-Retirement.pptxUnlock-the-Power-of-UAN-Your-Key-to-Secure-Retirement.pptx
Unlock-the-Power-of-UAN-Your-Key-to-Secure-Retirement.pptx
cosmo-soil
 
在线办理(GU毕业证书)美国贡萨加大学毕业证学历证书一模一样
在线办理(GU毕业证书)美国贡萨加大学毕业证学历证书一模一样在线办理(GU毕业证书)美国贡萨加大学毕业证学历证书一模一样
在线办理(GU毕业证书)美国贡萨加大学毕业证学历证书一模一样
5spllj1l
 

Recently uploaded (20)

一比一原版美国新罕布什尔大学(unh)毕业证学历认证真实可查
一比一原版美国新罕布什尔大学(unh)毕业证学历认证真实可查一比一原版美国新罕布什尔大学(unh)毕业证学历认证真实可查
一比一原版美国新罕布什尔大学(unh)毕业证学历认证真实可查
 
一比一原版(RMIT毕业证)皇家墨尔本理工大学毕业证如何办理
一比一原版(RMIT毕业证)皇家墨尔本理工大学毕业证如何办理一比一原版(RMIT毕业证)皇家墨尔本理工大学毕业证如何办理
一比一原版(RMIT毕业证)皇家墨尔本理工大学毕业证如何办理
 
FCCS Basic Accounts Outline and Hierarchy.pptx
FCCS Basic Accounts Outline and Hierarchy.pptxFCCS Basic Accounts Outline and Hierarchy.pptx
FCCS Basic Accounts Outline and Hierarchy.pptx
 
OAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptx
OAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptxOAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptx
OAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptx
 
Seeman_Fiintouch_LLP_Newsletter_Jun_2024.pdf
Seeman_Fiintouch_LLP_Newsletter_Jun_2024.pdfSeeman_Fiintouch_LLP_Newsletter_Jun_2024.pdf
Seeman_Fiintouch_LLP_Newsletter_Jun_2024.pdf
 
Enhancing Asset Quality: Strategies for Financial Institutions
Enhancing Asset Quality: Strategies for Financial InstitutionsEnhancing Asset Quality: Strategies for Financial Institutions
Enhancing Asset Quality: Strategies for Financial Institutions
 
falcon-invoice-discounting-a-premier-investment-platform-for-superior-returns...
falcon-invoice-discounting-a-premier-investment-platform-for-superior-returns...falcon-invoice-discounting-a-premier-investment-platform-for-superior-returns...
falcon-invoice-discounting-a-premier-investment-platform-for-superior-returns...
 
快速制作美国迈阿密大学牛津分校毕业证文凭证书英文原版一模一样
快速制作美国迈阿密大学牛津分校毕业证文凭证书英文原版一模一样快速制作美国迈阿密大学牛津分校毕业证文凭证书英文原版一模一样
快速制作美国迈阿密大学牛津分校毕业证文凭证书英文原版一模一样
 
Tdasx: In-Depth Analysis of Cryptocurrency Giveaway Scams and Security Strate...
Tdasx: In-Depth Analysis of Cryptocurrency Giveaway Scams and Security Strate...Tdasx: In-Depth Analysis of Cryptocurrency Giveaway Scams and Security Strate...
Tdasx: In-Depth Analysis of Cryptocurrency Giveaway Scams and Security Strate...
 
5 Tips for Creating Standard Financial Reports
5 Tips for Creating Standard Financial Reports5 Tips for Creating Standard Financial Reports
5 Tips for Creating Standard Financial Reports
 
Economic Risk Factor Update: June 2024 [SlideShare]
Economic Risk Factor Update: June 2024 [SlideShare]Economic Risk Factor Update: June 2024 [SlideShare]
Economic Risk Factor Update: June 2024 [SlideShare]
 
Independent Study - College of Wooster Research (2023-2024)
Independent Study - College of Wooster Research (2023-2024)Independent Study - College of Wooster Research (2023-2024)
Independent Study - College of Wooster Research (2023-2024)
 
Who Is Abhay Bhutada, MD of Poonawalla Fincorp
Who Is Abhay Bhutada, MD of Poonawalla FincorpWho Is Abhay Bhutada, MD of Poonawalla Fincorp
Who Is Abhay Bhutada, MD of Poonawalla Fincorp
 
Does teamwork really matter? Looking beyond the job posting to understand lab...
Does teamwork really matter? Looking beyond the job posting to understand lab...Does teamwork really matter? Looking beyond the job posting to understand lab...
Does teamwork really matter? Looking beyond the job posting to understand lab...
 
Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...
Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...
Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...
 
在线办理(TAMU毕业证书)美国德州农工大学毕业证PDF成绩单一模一样
在线办理(TAMU毕业证书)美国德州农工大学毕业证PDF成绩单一模一样在线办理(TAMU毕业证书)美国德州农工大学毕业证PDF成绩单一模一样
在线办理(TAMU毕业证书)美国德州农工大学毕业证PDF成绩单一模一样
 
falcon-invoice-discounting-a-strategic-approach-to-optimize-investments
falcon-invoice-discounting-a-strategic-approach-to-optimize-investmentsfalcon-invoice-discounting-a-strategic-approach-to-optimize-investments
falcon-invoice-discounting-a-strategic-approach-to-optimize-investments
 
Solution Manual For Financial Accounting, 8th Canadian Edition 2024, by Libby...
Solution Manual For Financial Accounting, 8th Canadian Edition 2024, by Libby...Solution Manual For Financial Accounting, 8th Canadian Edition 2024, by Libby...
Solution Manual For Financial Accounting, 8th Canadian Edition 2024, by Libby...
 
Unlock-the-Power-of-UAN-Your-Key-to-Secure-Retirement.pptx
Unlock-the-Power-of-UAN-Your-Key-to-Secure-Retirement.pptxUnlock-the-Power-of-UAN-Your-Key-to-Secure-Retirement.pptx
Unlock-the-Power-of-UAN-Your-Key-to-Secure-Retirement.pptx
 
在线办理(GU毕业证书)美国贡萨加大学毕业证学历证书一模一样
在线办理(GU毕业证书)美国贡萨加大学毕业证学历证书一模一样在线办理(GU毕业证书)美国贡萨加大学毕业证学历证书一模一样
在线办理(GU毕业证书)美国贡萨加大学毕业证学历证书一模一样
 

QNBFS Daily Market Report March 27, 2017

  • 1. Page 1 of 5 QSE Intra-Day Movement Qatar Commentary The QSE Index declined 0.3% to close at 10,412.9. Losses were led by the Industrials and Telecoms indices, falling 1.1% and 0.9%, respectively. Top losers were Industries Qatar and Aamal Co., falling 2.2% and 1.4%, respectively. Among the top gainers, Qatar General Insurance & Reinsurance Co. rose 6.2%, while National Leasing was up 3.8%. GCC Commentary Saudi Arabia: The TASI Index fell 0.1% to close at 6,874.1. Losses were led by the Media and Commercial & Professional indices, falling 1.1% and 1.0%, respectively. National Agricultural Dev. fell 4.4%, while United Electronics Co. was down 3.3%. Dubai: The DFM Index gained 0.2% to close at 3,468.5. The Telecommunication index rose 0.8%, while the Real Estate & Construction index gained 0.5%. Union Properties rose 3.1%, while Ekttitab Holding Co. was up 2.7%. Abu Dhabi: The ADX benchmark index fell 0.7% to close at 4,465.2. The Investment & Financial Services index declined 1.3%, while the Banks index fell 0.9%. Sharjah Cement & Ind. Dev. Co. declined 7.4%, while Sharjah Islamic Bank was down 4.1%. Kuwait: The KSE Index declined marginally to close at 7,040.5. The Technology index fell 1.9%, while the Consumer Services index declined 1.7%. Kuwait National Cinema Co. fell 12.7%, while Sanam Real Estate Co. was down 8.2%. Oman: The MSM Index rose 0.3% to close at 5,654.0. Gains were led by the Financial and Services indices, rising 0.5% and 0.2%, respectively. Al Madina Investment rose 3.0%, while Bank Dhofar was up 2.8%. Bahrain: The BHB Index gained 0.2% to close at 1,378.6. The Industrial index rose 1.6%, while the Commercial Banks index gained 0.3%. Al Ahli United Bank rose 3.7%, while Aluminum Bahrain was up 1.7%. QSE Top Gainers Close* 1D% Vol. ‘000 YTD% Qatar General Ins. & Reins. Co. 41.00 6.2 3.7 (12.8) National Leasing 18.77 3.8 1,948.1 22.5 Al Khaleej Takaful Group 19.50 2.6 18.3 (7.6) Widam Food Co. 64.00 2.6 9.2 (5.9) Qatar Islamic Insurance Co. 69.60 1.9 7.9 37.5 QSE Top Volume Trades Close* 1D% Vol. ‘000 YTD% National Leasing 18.77 3.8 1,948.1 22.5 Vodafone Qatar 8.98 0.0 1,442.5 (4.2) Masraf Al Rayan 43.90 0.5 1,279.7 16.8 Ezdan Holding Group 15.89 1.3 1,036.4 5.2 Barwa Real Estate Co. 34.65 0.4 325.8 4.2 Market Indicators 26 Mar 17 23 Mar 17 %Chg. Value Traded (QR mn) 222.5 251.5 (11.5) Exch. Market Cap. (QR mn) 557,252.0 559,556.2 (0.4) Volume (mn) 8.3 7.2 15.3 Number of Transactions 2,710 3,032 (10.6) Companies Traded 41 42 (2.4) Market Breadth 15:18 24:16 – Market Indices Close 1D% WTD% YTD% TTM P/E Total Return 17,257.81 (0.3) (0.3) 2.2 15.4 All Share Index 2,932.52 (0.2) (0.2) 2.2 15.1 Banks 3,032.53 (0.3) (0.3) 4.1 13.5 Industrials 3,274.32 (1.1) (1.1) (1.0) 20.0 Transportation 2,337.41 (0.5) (0.5) (8.2) 13.2 Real Estate 2,373.99 0.9 0.9 5.8 15.7 Insurance 4,306.65 0.7 0.7 (2.9) 17.3 Telecoms 1,223.04 (0.9) (0.9) 1.4 21.7 Consumer 6,457.00 (0.3) (0.3) 9.5 14.4 Al Rayan Islamic Index 4,126.02 (0.2) (0.2) 6.3 17.0 GCC Top Gainers ## Exchange Close # 1D% Vol. ‘000 YTD% Qatar Gen. Ins. & Reins. Qatar 41.00 6.2 3.7 (12.8) National Leasing Qatar 18.77 3.8 1,948.1 22.5 Ahli United Bank Bahrain 0.85 3.7 2,777.6 32.0 Saudi Real Estate Co. Saudi Arabia 20.66 3.0 1,162.6 (22.4) Bank Dhofar Oman 0.26 2.8 629.9 12.2 GCC Top Losers ## Exchange Close # 1D% Vol. ‘000 YTD% Nat. Bank of Bahrain Bahrain 0.65 (7.1) 62.8 (0.7) Com. Bank of Kuwait Kuwait 0.43 (4.4) 125.6 4.9 Sharjah Islamic Bank Abu Dhabi 1.40 (4.1) 91.9 0.0 Kuwait Food Co. Kuwait 2.40 (4.0) 1.4 (7.7) Ajman Bank Dubai 1.28 (3.8) 250.4 (3.8) 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) QSE Top Losers Close* 1D% Vol. ‘000 YTD% Industries Qatar 108.60 (2.2) 198.0 (7.6) Aamal Co. 14.20 (1.4) 137.9 4.2 Qatar Industrial Manufacturing 44.00 (1.1) 8.0 (1.1) Ooredoo 100.90 (1.1) 21.6 (0.9) Medicare Group 101.00 (1.1) 50.3 60.6 QSE Top Value Trades Close* 1D% Val. ‘000 YTD% Masraf Al Rayan 43.90 0.5 56,094.7 16.8 National Leasing 18.77 3.8 35,956.2 22.5 Industries Qatar 108.60 (2.2) 21,746.7 (7.6) Ezdan Holding Group 15.89 1.3 16,401.6 5.2 Vodafone Qatar 8.98 0.0 12,972.8 (4.2) 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* 10,412.85 (0.3) (0.3) (2.7) (0.2) 61.11 153,077.1 15.4 1.5 3.7 Dubai 3,468.48 0.2 0.2 (4.5) (1.8) 58.33 106,491.0 14.8 1.2 3.9 Abu Dhabi 4,465.19 (0.7) (0.7) (1.9) (1.8) 27.92 117,278.1 12.7 1.4 5.4 Saudi Arabia 6,874.12 (0.1) (0.1) (1.4) (4.7) 692.43 429,725.1 17.0 1.6 3.5 Kuwait 7,040.51 (0.0) (0.0) 3.8 22.5 96.66 95,773.7 23.0 1.3 3.3 Oman 5,654.02 0.3 0.3 (2.2) (2.2) 6.37 22,705.9 11.1 1.1 5.1 Bahrain 1,378.55 0.2 0.2 2.1 13.0 16.46 22,070.9 9.0 0.8 5.0 Source: Bloomberg, Qatar Stock Exchange, Tadawul, Muscat Securities Exchange, Dubai Financial Market and Zawya (** TTM; * Value traded ($ mn) do not include special trades, if any) 10,350 10,400 10,450 10,500 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 declined 0.3% to close at 10,412.9. The Industrials and Telecoms indices led the losses. The index fell on the back of selling pressure from GCC shareholders despite buying support from Qatari and non-Qatari shareholders.  Industries Qatar and Aamal Co. were the top losers, falling 2.2% and 1.4%, respectively. Among the top gainers, Qatar General Insurance & Reinsurance Co. rose 6.2%, while National Leasing was up 3.8%.  Volume of shares traded on Sunday rose by 15.3% to 8.3mn from 7.2mn on Thursday. However, as compared to the 30-day moving average of 12.5mn, volume for the day was 33.7% lower. National Leasing and Vodafone Qatar were the most active stocks, contributing 23.5% and 17.4% to the total volume, respectively. Source: Qatar Stock Exchange (* as a % of traded value) Earnings Calendar Tickers Company Name Date of reporting 1Q2017 results No. of days remaining Status UDCD United Development Company 17-Apr-17 21 Due DHBK Doha Bank 19-Apr-17 23 Due Source: QSE News Qatar  Oil output cut helps Qatar register 74% YoY growth in trade surplus to QR12.32bn in February – Oil production cut deal, effective from January 1, helped Qatar register 74% YoY growth in trade surplus to QR12.32bn in February with its crude and gas exports’ value soaring high in double digits. The country’s foreign merchandise trade surplus expanded more than 12% MoM in February mainly on faster deceleration in imports, said the figures released by the Ministry of Development Planning and Statistics (MDPS). In absolute terms, Japan, South Korea, India, the UAE and China were among the largest export markets of Qatar; while imports mainly came from China, the US, the UAE, Japan and Germany in February 2017. A robust expansion in shipments to the UAE, South Korea and Japan led Qatar’s total exports (valued free-on-board) to increase 22.5% YoY to QR20.47bn in February. On a monthly basis, it was up mere 0.8%. The country’s total exports of domestic products increased 18.4% YoY to QR18.89bn in February 2017. Qatar’s exports of non-crude rose faster YoY by 68% to QR1.25bn, while crude rose by 46.8% to QR3.48bn and petroleum gases and other gaseous hydrocarbons by 18.9% to QR12.2bn. On the other hand, other commodities declined 24% to QR1.95bn. (Gulf-Times.com)  QFC’s global outreach to promote Qatar as ideal investment location – The Qatar Financial Center (QFC) has kick-started its 2017 global outreach with its roadshow in Germany, showcasing the country and its corporate sector before professionals from German corporations and private companies in Berlin and Munich. The visit to Germany comes as part of a number of roadshows planned during 2017 that would see the QFC and its senior officials visit major financial capitals across Europe, Asia and North America, a spokesman of the center said. The QFC Germany roadshow is one of many initiatives that seek to further develop bilateral and economic relations between the two countries, and discuss opportunities to expand in the Middle East through the QFC platform. The roadshow also provided attendees with an opportunity to network with some of the Middle East and North Africa region’s most influential decision-makers, including Ghorfa, AHK, Manateq and Rödl & Partner. Relations between Germany and Qatar have continued to strengthen over the past few years with Germany emerging as the 12th largest trading partner for Qatar with a 2.4% of the total value of trade exchange. (Gulf- Times.com)  BMI: Office space to grow by 2mn square meters by 2019 – Around 2mn square meters of office space is expected to enter Qatari market by 2019, BMI Research has said in its latest report. The office sector in Qatar benefits from a strong development pipeline and higher levels of demand on the back of greater government spending, the report said. According to the report, Doha will be central for office developments in the country as the city is the focus of most tenant interest and will see continued higher levels of demand leading up to the 2022 FIFA World Cup with a particular appetite for premium grade units from international investors. On the other hand, the report said, Al Khor and Al Wakra are seeing little interest for higher-grade space, as developers are unwilling to build due to the economic focus on Doha. The commercial real estate market will also continue to benefit from Qatar's strong macroeconomic fundamentals, including low unemployment and a diversified labor market, which will support business sentiment, the report said. (Qatar Tribune) Overall Activity Buy %* Sell %* Net (QR) Qatari Individuals 58.42% 52.21% 13,807,569.87 Qatari Institutions 17.79% 22.01% (9,397,259.46) Qatari 76.21% 74.22% 4,410,310.41 GCC Individuals 0.50% 0.75% (558,127.61) GCC Institutions 3.57% 9.58% (13,366,973.97) GCC 4.07% 10.33% (13,925,101.58) Non-Qatari Individuals 11.22% 8.19% 6,738,004.44 Non-Qatari Institutions 8.50% 7.25% 2,776,786.73 Non-Qatari 19.72% 15.44% 9,514,791.17
  • 3. Page 3 of 5  Qatar Chamber seeks to revive ‘Doha Round’ negotiations with WTO – Qatar Chamber is seeking to revive the ‘Doha Round’ negotiations with the World Trade Organization (WTO) after a 12-year deadlock, an official said. The Doha Round is part of trade negotiations among WTO membership, and aims to achieve major reforms in the international trading system through the introduction of lower trade barriers and revised trade rules. Qatar Chamber Chairman Sheikh Khalifa bin Jassim al-Thani, who is also the Chairman of the International Chamber of Commerce (ICC) Qatar, said the chamber adopted the World Trade Agenda (WTA) initiative in 2013, in cooperation with ICC, to push forward the Doha Round. The chamber is supported and encouraged by the government of Qatar to determine many priorities, which were submitted during the ‘9th Ministerial Conference’ of the World Trade Organization held in 2013 in Bali. “This resulted in achieving the WTO Trade Facilitation Agreement, which was created to ensure revenues through trade overseas and provide job opportunities for developing and least-developed countries”, he noted. (Gulf-Times.com)  Qatar, UK investment forum opens in London – The high-profile Qatar-UK Business & Investment Forum is set to open in London on March 27, 2017. The event has brought together several Qatari Ministers, corporate heads and a largest-ever number of potential investors. (Peninsula Qatar) International  China January-February industrial profits surge 32% as commodity prices rally – Profits of Chinese industrial firms surged 31.5% in the first two months of 2017 from a year earlier as prices of commodities from coal to iron ore raced higher, while strong imports also pointed to a pick-up in activity. Total profits over the first two months of the year were $147bn, the National Bureau of Statistics said in a statement. The profit increase was mostly due to faster growth in prices of coal, steel and crude oil, He Ping, a statistics bureau official, said in a note accompanying the statement. The pace of earnings growth picked up sharply from a 2.3% increase in December. (Reuters)  BOJ March meeting summary: Policy will remain easy for some time – Bank of Japan board members said easy monetary policy will be in place for some time because consumer price growth is still distant from the central bank's 2% inflation target, a summary of opinions from their March 15-16 meeting showed. Bank of Japan board members said easy monetary policy will be in place for some time because consumer price growth is still distant from the central bank's 2% inflation target, a summary of opinions from their March 15-16 meeting showed. At the meeting, the BOJ kept policy on hold and Governor Haruhiko Kuroda pushed back against speculation that the BOJ will raise its target for the 10-year bond yield sometime this year. (Reuters)  Japanese manufacturers brace for possible US import tax – Japanese manufacturers are wary of a possible US border tax, with just over half expecting profits to take a hit if the US put a 20% levy on imports, a Reuters poll showed. In response, they are thinking of cutting costs, increasing production and procurement in the US and raising US product prices, but those steps would offset only some of the impact, the monthly Reuters Corporate Survey found. The US is the top destination for Japanese shipments. The House Republicans' proposal to tax imports at 20% could hurt Japan's vital automobile, electronics and other exporters. In the monthly survey, conducted March 7- 21 for Reuters by Nikkei Research, 51% of the 129 manufacturers that responded said earnings would be affected. The ratio was highest among automotive-related firms, at 77%. The figure is lower for Japanese companies overall, at 36% of the 246 that participated in the survey, which includes service- sector and other non-manufacturing firms that focus more on the domestic economy. (Reuters) Regional  OPEC, non-OPEC oil producers to look at extending oil-output cut by six months – A joint committee of ministers from the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC oil producers has agreed to review whether a global pact to limit supplies should be extended by six months. An earlier draft of the statement had said the committee "reports high level of conformity and recommends six-month extension". But the final version said only that the committee had requested a technical group and for the OPEC Secretariat to "review the oil market conditions and revert in April, 2017 regarding the extension of the voluntary production adjustments". Oil sector analysts said the lack of an immediate extension could drag on crude prices. Harry Tchilinguirian, Head of commodities strategy at BNP Paribas in London said, “The dropping of the recommendation to extend cuts in favor of technical review committee is likely to lead to a lot of disappointment and potential further liquidation of long positions by money managers that will put downward pressure on oil prices.” (Reuters)  Saudi Arabian government won't issue domestic bonds for a sixth successive month – According to Maal financial news service, Saudi Arabia's government has decided to suspend its monthly issue of domestic bonds in March, refraining from issuing local currency bonds for a sixth month in a row. The government did not want to crowd out private sector financing at a time when national oil giant Saudi Aramco is preparing to make its first issue of Riyal-denominated Sukuk. The suspension of March domestic government bond issue is possible because higher oil prices have improved government revenues and the government's $17.5bn issue of international conventional bonds last October was successful. (Bloomberg)  Goldman Sachs in talks for Saudi Arabia equities license – According to sources, Goldman Sachs Group is in preliminary talks for an equities license in Saudi Arabia as the US lender seeks to take advantage of the country’s economic reforms. The bank has yet to file a formal application. A Goldman Sachs representative declined to comment. Goldman is following banks including HSBC Holdings, Citigroup and Ashmore Group, which already acquired equities licenses in the Kingdom after the country opened to foreign investment in 2015. Saudi Arabia is emerging as an attractive opportunity for international banks as the Kingdom takes steps to overhaul its economy, including plans for what could be the largest-ever initial public offering with the listing of Saudi Arabian Oil Co. Goldman Sachs is one of the banks that Aramco asked to pitch for an advisory role on the listing. (Gulf-Times.com)
  • 4. Page 4 of 5  UAE SMEs optimistic on business growth in 2017 – According to a survey conducted by MEED, business owners of small- and medium-sized enterprises (SME) in the UAE remain optimistic about their growth prospects in 2017. Out of the 138 SMEs that participated in the survey, 74 said they expect to grow their business in 2017 by 10-50% compared with last year. Moreover, 23 business owners said they forecast their business to grow by at least 20% compared to last year; while 15 entrepreneurs see a more robust 50% increase in business against their performance in 2016. (GulfBase.com)  UAE increases infrastructure expenditure in 2017 – The UAE is expected to increase expenditure, primarily in areas of infrastructure and developmental enterprises, which will reflect positively on the government’s revenues. In a report published by the Al-Bayan newspaper, Knight Frank, a leading independent real estate consultancy, expected the UAE business outlook in 2017 to be positive. Citing the current preparations going at full tilt for EXPO 2020 Dubai, the report said the current real estate and tourism investments are expected to further consolidate and propel the economy to further new heights, especially after the global oil prices recovered some of the losses sustained over the past year. (Bloomberg)  UAE International Investors Council discusses plans – The UAE International Investors Council recently held its third general assembly and a meeting of its board of directors to discuss a range of issues and future plans. Sultan Bin Saeed Al Mansouri, Minister of Economy and the Chairman of the board of directors of the Council, highlighted the vital role of the council in supporting Emirati companies investing in other countries. The UAE International Investors Council serves as a link between the council members and UAE government agencies to support the national economy. The Council aims to join investment efforts of UAE companies investing abroad under one umbrella to form an investment power to remove obstacles, strengthen foreign investment relations and support sustainable economic development. (GulfBase.com)  Emaar Malls bids for Souq.com to challenge Amazon – Emaar Malls has made a bid for Dubai online retailer Souq.com, seeking to challenge an existing offer from online retail giant Amazon. The unit of Emaar Properties offered about $800mn for Souq.com, which includes a convertible deposit of $500mn. Amazon restarted talks to acquire Souq.com in a deal valued at as much as $650mn after walking away earlier in 2017. (GulfBase.com)  Heavy industries major catalyst for economic growth in Abu Dhabi – Heavy industries are among the major catalysts that underpin the economy of Abu Dhabi, with the Emirate having invested more than AED51bn over the past 15 years to establish a robust industrial infrastructure for aluminum and steel industries. Citing official figures of the Emirates Global Aluminum (EGA) and Emirates Steel (ES) said that the aluminum and steel industries have been rapidly growing in the Emirate over the past few years, producing and exporting hundreds of premium quality products to more than 50 countries all over the world. The EGA’s sales in 2016 hit AED18bn, while ES' reached AED6.7bn. (Bloomberg)  NBK the first GCC bank to open branch in China – National Bank of Kuwait (NBK) opened its new branch in People’s Republic of China. NBK has previously set up a representative office in Shanghai in 2005. The bank’s activities were limited to non-operational activities such as client referral, information gathering, and market research. Since then, NBK decided to expand its presence in China through transforming its representative office into a branch, becoming the first GCC bank to launch a fully-fledged branch in China. This step positions NBK to seize expansion opportunities and to reinforce mutual investment cooperation between the MENA region and China. (GulfBase.com)
  • 5. Contacts Saugata Sarkar 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 financial advice. QNBFS accepts no liability whatsoever for any direct or indirect losses arising from use of this report. Any investment decision should depend on the individual circumstances of the investor and be based on specifically engaged investment advice. We therefore strongly advise potential investors to seek independent professional advice before making any investment decision. Although the information in this report has been obtained from sources that QNBFS believes to be reliable, we have not independently verified such information and it may not be accurate or complete. QNBFS does not make any representations or warranties as to the accuracy and completeness of the information it may contain, and declines any liability in that respect. For reports dealing with Technical Analysis, expressed opinions and/or recommendations may be different or contrary to the opinions/recommendations of QNBFS Fundamental Research as a result of depending solely on the historical technical data (price and volume). QNBFS reserves the right to amend the views and opinions expressed in this publication at any time. It may also express viewpoints or make investment decisions that differ significantly from, or even contradict, the views and opinions included in this report. This report may not be reproduced in whole or in part without permission from QNBFS. COPYRIGHT: No part of this document may be reproduced without the explicit written permission of QNBFS. Page 5 of 5 Rebased Performance Daily Index Performance Source: Bloomberg Source: Bloomberg Source: Bloomberg Source: Bloomberg (*$ adjusted returns) 70.0 90.0 110.0 130.0 150.0 170.0 Feb-13 Feb-14 Feb-15 Feb-16 Feb-17 QSE Index S&P Pan Arab S&P GCC (0.1%) (0.3%) (0.0%) 0.2% 0.3% (0.7%) 0.2% (1.0%) (0.5%) 0.0% 0.5% SaudiArabia Qatar Kuwait Bahrain Oman AbuDhabi Dubai Asset/Currency Performance Close ($) 1D% WTD% YTD% Global Indices Performance Close 1D%* WTD%* YTD%* Gold/Ounce 1,243.45 (0.1) 1.2 7.9 MSCI World Index 1,845.81 0.0 (0.9) 5.4 Silver/Ounce 17.77 1.0 2.1 11.6 DJ Industrial 20,596.72 (0.3) (1.5) 4.2 Crude Oil (Brent)/Barrel (FM Future) 50.80 0.5 (1.9) (10.6) S&P 500 2,343.98 (0.1) (1.4) 4.7 Crude Oil (WTI)/Barrel (FM Future) 47.97 0.6 (1.7) (10.7) NASDAQ 100 5,828.74 0.2 (1.2) 8.3 Natural Gas (Henry Hub)/MMBtu 2.92 (0.5) 3.3 (20.7) STOXX 600 376.51 0.0 0.1 6.7 LPG Propane (Arab Gulf)/Ton 57.50 (1.7) (3.6) (20.3) DAX 12,064.27 0.4 0.3 7.6 LPG Butane (Arab Gulf)/Ton 61.50 (0.2) (1.6) (47.4) FTSE 100 7,336.82 (0.2) (0.4) 4.0 Euro 1.08 0.1 0.6 2.7 CAC 40 5,020.90 (0.0) 0.4 5.8 Yen 111.34 0.4 (1.2) (4.8) Nikkei 19,262.53 1.1 0.3 6.0 GBP 1.25 (0.4) 0.6 1.1 MSCI EM 969.13 0.1 0.4 12.4 CHF 1.01 0.2 0.7 2.8 SHANGHAI SE Composite 3,269.45 0.7 1.2 6.2 AUD 0.76 (0.1) (1.1) 5.8 HANG SENG 24,358.27 0.1 0.1 10.5 USD Index 99.63 (0.1) (0.7) (2.5) BSE SENSEX 29,421.40 0.3 (0.6) 14.8 RUB 56.93 (0.7) (0.4) (7.5) Bovespa 63,853.77 1.1 (1.1) 10.7 BRL 0.32 1.1 (0.6) 4.7 RTS 1,124.66 0.0 1.1 (2.4) 119.3 100.1 98.5