U Capital Monthly Report Date: 31‐Mar‐2021

GCC Market Indices Current Close Previous Close Change MTD YTD P/E TTM P/B

Index Index % % X X

Muscat Securities Market 3,708.71 3,612.38 96.33 2.67% 1.36% 12.1 0.7

Saudi Stock Exchange 9,907.82 9,144.99 762.83 8.34% 14.02% 37.7 2.3

Kuwait Stock Exchange 5,775.92 5,649.16 126.76 2.24% 4.53% 45.9 1.4

Qatar Exchange 10,401.50 10,145.99 255.51 2.52% ‐0.33% 19.4 1.5

Bahrain Bourse 1,458.03 1,466.43 ‐8.40 ‐0.57% ‐2.13% 37.3 1.0

Dubai Financial Market 2,550.23 2,551.54 ‐1.31 ‐0.05% 1.79% 20.8 0.9

Abu Dhabi Securities Exchange 5,912.56 5,663.62 248.94 4.40% 17.05% 22.9 1.6

Country Current Close Previous Close MTD YTD Commodity Prices Price MTD YTD

Europe Index Index % % USD % %

UK FTSE 100 6,713.63 6,588.53 1.90% 3.92% Brent Crude (per bbl) 63.18 0.25% 22.30%

Germany DAX 15,008.34 14,012.82 7.10% 9.40% WTI Crude (per bbl) 59.62 ‐1.68% 22.88%

France CAC 40 6,067.23 5,792.79 4.74% 9.29% Oman Crude Oil 61.21 ‐4.49% 19.88%

United States Gold100 OZ (per oz) 1,712.83 ‐0.71% ‐9.77%

USA DJIA 32,981.55 31,535.51 4.59% 7.76% Silver (per oz) 24.29 ‐8.58% ‐8.00%

USA S&P 500 3,972.89 3,901.82 1.82% 5.77% Platinum (per oz) 1,188.87 0.06% 10.89%

USA NASDAQ 13,246.87 13,588.83 ‐2.52% 2.78% Copper, MT 8,785.50 ‐3.21% 13.13%

Asia Pacific Aluminium, MT 2,212.00 2.67% 11.75%

Japan NIKKEI 225 29,435.47 29,663.50 ‐0.77% 7.26% Lead, MT 1,974.50 ‐3.80% ‐0.98%

HongKong HANG SENG 28,662.48 29,452.57 ‐2.68% 5.26% Zinc, MT 2,818.50 0.93% 2.45%

Arab Market Indices Nickel, MT 16,068.00 ‐13.51% ‐3.28%

Egypt The Egyptian Exchange 10,568.37 11,521.38 ‐8.27% ‐2.55%

Jordan Amman Stock Exchange ‐‐‐‐Cross Rate for Major Currencies

Palestine Palestine Sec. Exchange ‐‐‐‐Currency Code USD/1 Unit Units/1 USD

Lebanon Blom Stock Index 763.81 694.10 10.04% ‐21.80% Euro EUR 1.172 0.854

MSCI British Pound GBP 1.376 0.727

Bahrain 88.59 92.00 ‐3.71% ‐4.92% Japanese Yen JPY 0.009 110.767

Kuwait 674.96 656.43 2.82% 4.83% Chinese Renminbi CNH 0.152 6.583

MSCI Oman 537.61 519.84 3.42% 8.32% Indian Rupee INR 0.014 73.185

Qatar 781.08 762.15 2.48% ‐0.52% Pakistani Rupee RUB 0.655 1.527

UAE 351.36 346.41 1.43% 11.86% Canadian Dollar CAD 0.794 1.260

GCC Countries 484.03 474.09 2.10% 4.67% Australian Dollar AUD 0.754 1.327

GCC Market Performance Tracker ‐1Yr

160 150 140 130 120 110 100 90 80 Apr‐20 May‐20 Jun‐20 Jul‐20 Aug‐20 Sep‐20 Oct‐20 Nov‐20 Dec‐20 Jan‐21 Feb‐21 Mar‐21

Oman Saudi Arabia Kuwait Qatar Bahrain Dubai Abu Dhabi

CR No. 1279406 l Tel: +968 24949000 l Fax: +968 24949099 l Email: info@u‐capital.net www.u‐capital.net Follow us on: Page 1 of 8 Muscat Securities Market Market Cap: OMR 20.5bn (USD 53.2bn) Market Summary Indicators

Current Previous MTD YTD No. of Cos MSM 30 3,708.71 3,612.38 2.67% 1.36% Up Down MSM Total Return Index 4,374.12 4,164.56 5.03% 6.58% 31 34 Volume ('000) 657,347 253,630 159.18% Value (OMR'000) 85,789 35,277 143.19% Sub‐Indices Financial Sector 5,699.73 5,429.14 4.98% 0.86% Unchanged Industry Sector 4,621.40 4,625.85 ‐0.10% 7.57% 26 Services Sector 1,544.90 1,549.89 ‐0.32% ‐2.95% MSM Shariah Index 533.92 531.33 0.49% 1.97%

MSM 30 Index (LHS) vs. Turnover (RHS)

3900 6.0

3800 5.0 3700

3600 4.0

3500 3.0 3400 Millions

3300 2.0

3200 1.0 3100

3000 0.0 20 20 20 21 20 20 20 20 20 20 20 21 21 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ Jul Jan Jun Oct Apr Sep Feb Dec Aug Nov Mar Mar May

Top Equity Gainers Price Chg Top Co. ‐Value Price Value Nationality Trading ‐ Buy Companies OMR % Companies OMR OMR 'mn Value %

NATL ALUMINIUM PRODUCTS 0.111 38.75% BANKMUSCAT SAOG 0.386 6.7 OMANIS 78,522,267.5 92%

AL ANWAR INVESTMENTS CO SAO 0.087 27.94% AL ANWAR INVESTMENTS CO SAO 0.087 4.1 GCC 4,352,790.9 5%

MUSCAT FINANCE 0.044 25.71% OMAN TELECOMMUNICATIONS CO 0.784 1.8 ARABS 248,410.1 0%

OMAN & EMIRATES INV(OM)50% 0.047 23.68% OMINVEST 0.320 1.5 OTHERS 2,665,079.6 3%

HSBC OMAN 0.098 16.67% AL MADINA TAKAFUL CO SAOC 0.088 1.5

Top Equity Losers Price Chg Top Co. ‐Volume Price Volume Nationality Trading ‐ Sell Companies OMR % Companies OMR mn Value %

SHARQIYAH DESALINATION CO SA 0.124 ‐13.29% AHLI BANK 0.105 320.3 OMANIS 79,259,305.5 92%

OMAN CEMENT CO 0.239 ‐11.48% AL ANWAR INVESTMENTS CO SAO 0.087 57.7 GCC 4,467,577.5 5%

MUSCAT GASES COMPANY SAOG 0.181 ‐11.27% AL MADINA TAKAFUL CO SAOC 0.088 23.4 ARABS 347,663.0 0%

AL MADINA TAKAFUL CO SAOC 0.088 ‐11.11% BANKMUSCAT SAOG 0.386 17.4 OTHERS 1,714,002.1 2%

UNITED POWER CO SAOG 0.812 ‐9.78% GALFAR ENGINEERING&CONTRACT 0.045 15.7

BUY ‐ OMR 000 SELL ‐ OMR 000 Nationality Trading ‐ Buy ARABS OTHERS 63,381 62,651 0.3% 3.1% Construction Material Industry 0.035 B 1,700 GCC Al Omaniya 0.100 S 1,000 5.1% Sohar International 0.110 B 275 OMANIS 91.5% Oman Investment and Finance SAOG 0.091 B 189 Source: Mubasher Excluding special deals, Source:15,871 Mubasher 15,879BUY ‐ OMR mn SELL ‐ OMR mn Nationality Trading ‐ Sell 4,169 1,373 0 498 0 3,955 OTHERS 395 ARABS 2.0% 300 343 2,170 352 240 0.4% GCC OMANIS OMANIS GCC ARABS FOREIGNERS OMANIS GCC ARABS FOREIGNERS 5.2% 92.4% Individuals Institutions

Source: MSM, Bloomberg l CR No. 1279406 l Tel: +968 24949000 l Fax: +968 24949099 l Email: info@u‐capital.net www.u‐capital.net Follow us on: Page 2 of 8 Saudi Stock Exchange ‐ Tadawul

Market Summary Indicators

Current Previous MTD YTD Tadawul Index 9,907.82 9,144.99 8.34% 14.02% Volume ('mn) 10,325.62 6,903.30 49.58% Value (SAR'mn) 290,691.09 245,753.19 18.29% Selected Sub‐Indices Tadawul Food & Beverages 5,421.93 5,271.77 2.85% ‐0.77% Tadawul Commercial & Prof Serv. 4,093.12 4,103.18 ‐0.25% 0.82% Tadawul Materials 6,666.53 6,148.77 8.42% 16.02% Tadawul Transportation 5,662.92 5,235.61 8.16% 16.93% Tadawul Energy 5,591.32 5,334.01 4.82% 3.79% Tadawul Utilities 5,070.47 4,576.37 10.80% 10.01% Tadawul Cons Dura & App 6,807.02 6,243.02 9.03% 18.96% Tadawul Consumer Svc 4,367.64 4,129.55 5.77% 2.31% Tadawul Media 10,235.79 10,242.19 ‐0.06% 0.18% Tadawul 9,267.80 8,317.40 11.43% 22.12% Tadawul Diversified Fin 6,496.05 5,408.28 20.11% 41.37% Tadawul Insurance 6,297.08 6,017.17 4.65% 4.52% Tadawul RE Mgmt & Dev 3,130.84 2,952.89 6.03% 3.68% Tadawul Telecom 7,968.25 7,434.84 7.17% 15.50% Tadawul Retailing 9,248.69 8,591.71 7.65% 8.09% Tadawul Food & Staples Retailing 10,736.83 10,522.39 2.04% 1.90% Tadawul Health Care Equipment & Services 6,197.11 5,801.09 6.83% 9.61% Tadawul Pharma, Biotech & Life Science 5,435.36 5,310.03 2.36% 5.10% Tadawul REITs 4,478.21 4,303.24 4.07% 4.50%

Tadawul Index (LHS) vs. Turnover (RHS)

10500 300.0

10000 250.0 9500

9000 200.0 8500

8000 150.0

7500 Billion 100.0 7000

6500 50.0 6000

5500 0.0 20 20 20 21 20 20 20 20 20 20 21 21 20 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ Jul Jan Jun Oct Apr Feb Sep Dec Aug Nov Mar Mar May

Top Equity Gainers Price Chg Top Co. ‐Value Price Value Market Cap. (SASEIDX) Companies SAR % Companies SAR SAR' mn In Billions SAUDI ADVANCED INDUSTRIES 41.15 60.43% SAUDI ADVANCED INDUSTRIES 41.15 12,583.6 USD SAR ALINMA TOKIO MARINE 35.80 52.86% SAUDI ARABIA REFINERIES CO 195.80 11,242.0 2598.35 9,624

FITAIHI HOLDING GROUP 31.30 46.95% AL RAJHI BANK 98.80 9,483.6

SAUDI INDUSTRIAL DEVELOPMENT 20.34 24.79% DAR AL ARKAN REAL ESTATE DEV 9.20 8,393.4

ETIHAD ATHEEB TELECOMMUNICAT 38.95 24.64% AL JOUF AGRICULTURE DEVELOPM 81.90 7,871.5

Top Equity Losers Price Chg Top Co. ‐Volume Price Volume Companies SAR % Companies SAR mn

SAUDI VITRIFIED CLAY PIPE CO 102.80 ‐11.99% DAR AL ARKAN REAL ESTATE DEV 9.20 912.7

TABUK AGRICULTURAL DEVELOPME 37.25 ‐9.59% ALINMA BANK 18.40 439.7

YANBU CEMENT CO 43.15 ‐6.90% EMAAR ECONOMIC CITY 10.70 335.9

NATIONAL CO FOR GLASS IN/THE 37.20 ‐6.88% MOBILE TELECOMMUNICATIONS CO 15.00 307.5

SAUDI CABLE CO 29.85 ‐5.69% SAUDI ADVANCED INDUSTRIES 41.15 307.1 Source: Bloomberg l CR No. 1279406 l Tel: +968 24949000 l Fax: +968 24949099 l Email: info@u‐capital.net www.u‐capital.net Follow us on: Page 3 of 8 Dubai Financial Market

Market Summary Indicators

Current Previous MTD YTD Dubai Financial Market Index 2,550.23 2,551.54 ‐0.05% 1.79% Volume ('mn) 2,812 2,692 4.48% Value (AED'mn) 4,239 3,927 7.95% Sub‐Indices Real Estate & Construction 3,292.18 3,341.80 ‐1.48% ‐3.29% Banking 2,386.86 2,402.45 ‐0.65% 3.78% Investment and Financial 2,625.19 2,477.77 5.95% 11.06% Insurance 2,246.37 2,188.75 2.63% 8.24% Consumer Staples 59.89 73.11 ‐18.08% ‐2.73% Services 676.50 649.92 4.09% 10.45% Industiral 93.88 93.88 0.00% 0.00% Telecommunication 1,181.55 1,152.86 2.49% 19.13% Transportation 735.00 731.42 0.49% ‐8.50%

DFMGI Index (RHS) vs. Turnover (LHS)

3000 1,600.0

1,400.0 2500 1,200.0 2000 1,000.0

1500 800.0

600.0 Millions 1000 400.0 500 200.0

0 0.0 20 20 20 20 20 20 20 20 20 20 21 21 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ Jul Jan Jun Oct Apr Sep Feb Dec Aug Nov Mar May

Top Equity Gainers Price Chg Top Co. ‐Value Price Value Market Cap ‐DFMGI Companies AED % Companies AED AED' mn In Billions

AMLAK FINANCE 0.27 23.18% EMAAR PROPERTIES PJSC 3.54 1,014.7 USD AED

DUBAI REFRESHMENTS COMPANY 15.00 20.00% DUBAI ISLAMIC BANK 4.55 667.5 74.55 276.1

AL RAMZ CORPORATION INVESTME 0.80 14.45% EMIRATES NBD PJSC 11.50 483.6

AGILITY 8.34 13.78% EMAAR MALLS PJSC 1.69 272.9

DUBAI INVESTMENTS PJSC 1.62 9.46% EMIRATES INTEGRATED TELECOMM 7.00 196.7

Top Equity Losers Price Chg Top Co. ‐Volume Price Volume Companies AED % Companies AED mn

EMIRATES REFRESHMENTS CO 11.25 ‐57.94% DXB ENTERTAINMENTS PJSC 0.08 387.1

NATIONAL INDUSTRIES GRP HOLD 1.79 ‐33.95% EMAAR PROPERTIES PJSC 3.54 281.2

AL SALAM GROUP HOLDING CO 0.30 ‐17.84% UNION PROPERTIES PJSC 0.27 249.6

AAN DIGITAL SERVICES CO 0.13 ‐12.75% AMANAT HOLDINGS PJSC 0.85 227.9

TAKAFUL EMARAT INSURANCE 1.40 ‐10.26% GFH FINANCIAL GROUP BSC 0.63 225.2 Source: Bloomberg

l CR No. 1279406 l Tel: +968 24949000 l Fax: +968 24949099 l Email: info@u‐capital.net www.u‐capital.net Follow us on: Page 4 of 8 Abu Dhabi Securities Market

Market Summary Indicators

Current Previous MTD YTD Abu Dhabi Securities Market Index 5,912.56 5,663.62 4.40% 17.19% Volume ('mn) 4,561.46 3,552.98 28.38% Value (AED'mn) 25,118.97 18,580.42 35.19% Sub‐Indices Banking 9,325.69 9,384.56 ‐0.63% 9.84% Telecommunication 5,361.42 5,039.34 6.39% 28.05% Consumer Services 12,997.08 13,561.24 ‐4.16% 47.40% Insurance 1,978.75 2,063.94 ‐4.13% ‐8.49% Industrials 1,689.03 1,683.20 0.35% 5.34% Invst and Financial Services 4,462.66 3,378.74 32.08% 45.43% Energy 2,057.72 1,881.41 9.37% 14.13% Services 2,993.65 2,953.50 1.36% 4.69% Real Estate 5,662.20 5,526.05 2.46% 18.86%

Abu Dhabi Stock Exchange Index (LHS) vs. Turnover (RHS)

6500 4,500.0

4,000.0 6000 3,500.0 5500 3,000.0

5000 2,500.0

4500 2,000.0 Million

1,500.0 4000 1,000.0 3500 500.0

3000 0.0 20 20 20 20 20 20 20 20 20 21 21 20 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ Jul Jan Jun Oct Apr Feb Sep Dec Aug Nov Mar May

Top Equity Gainers Price Chg Top Co. ‐Value Price Value Market Cap ‐ADSMI Companies AED % Companies AED AED' mn In Billions ABU DHABI NATL CO FOR BUILDI 0.26 22.86% ALDAR PROPERTIES PJSC 3.76 7,324.4 USD AED UNITED ARAB BANK PJSC 0.89 21.73% FIRST ABU DHABI BANK PJSC 14.60 5,616.2 228.19 845.2

NATIONAL BANK OF UMM AL QAIW 2.24 14.87% ABU DHABI NATIONAL OIL CO FO 4.49 1,698.1

DANA GAS 0.80 14.55% EMIRATES TELECOM GROUP CO 21.64 1,300.9

ESHRAQ INVESTMENTS PJSC 0.34 14.14% AGTHIA GROUP PJSC 6.47 904.8

Top Equity Losers Price Chg Top Co. ‐Volume Price Volume Companies AED % Companies AED mn

ABU DHABI SHIP BUILDING CO 2.20 ‐10.20% ALDAR PROPERTIES PJSC 3.76 1,987.4

OMAN & EMIRATES INV(EMIR)50% 0.34 ‐10.00% DANA GAS 0.80 466.0

RAS AL KHAIMAH WHITE CEMENT 0.72 ‐10.00% ABU DHABI NATIONAL OIL CO FO 4.49 391.5

AL WATHBA NATIONAL INSURANCE 5.85 ‐10.00% FIRST ABU DHABI BANK PJSC 14.60 384.9

RAS AL KHAIMA POULTRY 1.87 ‐9.66% ESHRAQ INVESTMENTS PJSC 0.34 191.8 Source: Bloomberg

l CR No. 1279406 l Tel: +968 24949000 l Fax: +968 24949099 l Email: info@u‐capital.net www.u‐capital.net Follow us on: Page 5 of 8 Kuwait Stock Exchange

Market Summary Indicators

Current Previous MTD YTD Kuwait All Share Index 5,775.92 5,649.16 2.24% 4.14% Volume ('mn) 4,722.84 6,047.05 ‐21.90% Value (KWD'mn) 907.12 834.75 8.67% Sub‐Indices Industrials 920.86 888.26 3.67% 3.34% Banks 1,314.26 1,274.28 3.14% 4.10% Consumer Goods 727.50 737.72 ‐1.39% ‐2.53% Consumer Service 707.76 809.50 ‐12.57% ‐13.54% Real Estate 1,016.78 996.47 2.04% 6.73% Financial Services 984.91 989.84 ‐0.50% 5.94% Telecom 1,114.68 1,147.15 ‐2.83% 1.12% Health Care 810.23 813.23 ‐0.37% ‐1.99% Insurance 1,201.07 1,188.16 1.09% 3.88% Basic Materials 1,089.07 982.69 10.83% 21.20% Oil and Gas 1,232.33 1,242.25 ‐0.80% ‐3.52% Technology 596.55 632.20 ‐5.64% 18.67%

Kuwait Stock Exchange (LHS) vs. Turnover (RHS)

6000 1,200.0

5800 1,000.0 5600

5400 800.0 5200

5000 600.0 Million 4800 400.0 4600

4400 200.0 4200

4000 0.0 20 20 20 20 20 20 20 20 20 21 21 20 21 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ Jul Jan Jun Oct Apr Sep Feb Dec Aug Nov Mar Mar May

Top Equity Gainers Price Chg Top Co. ‐Value Price Value Market Cap ‐ KWSEAS Companies KWd % Companies KWd KWD mn In Billions AL‐EID FOOD KSC 185.0 54.17% NATIONAL BANK OF KUWAIT 807.0 107.7 USD KWd SANAM REAL ESTATE CO KSCC 41.0 46.43% B.S.C 213.0 60.2 108.87 32.9

KUWAIT FINANCE & INVESTMENT 62.5 30.48% MOBILE TELECOMMUNICATIONS CO 605.0 57.6

GULF INVESTMENT HOUSE KSC 102.0 28.30% GULF BANK 220.0 54.9

KUWAIT CO FOR PROCESS PLANT 541.0 21.57% AGILITY 726.0 51.7

Top Equity Losers Price Chg Top Co. ‐Volume Price Volume Companies KWd Companies KWd mn

AL‐DEERA HOLDING CO 134.0 ‐32.62% FIRST INVESTMENT CO KSCC 67.5 327.6

AMWAL INTERNATIONAL INVESTME 18.9 ‐31.27% AHLI UNITED BANK B.S.C 213.0 277.2

DAR AL THURAYA REAL ESTATE C 51.3 ‐20.47% KUWAIT REAL ESTATE CO KSC 133.0 261.2

BAYAN INVESTMENT CO KSCC 35.0 ‐18.03% GULF BANK 220.0 251.3

FUJAIRAH CEMENT INDUSTRIES 30.4 ‐16.94% INTL FINANCIAL ADVISORS 111.0 197.6 Source: Bloomberg

l CR No. 1279406 l Tel: +968 24949000 l Fax: +968 24949099 l Email: info@u‐capital.net www.u‐capital.net Follow us on: Page 6 of 8 Qatar Stock Exchange

Market Summary Indicators

Current Previous MTD YTD Qatar Stock Exchange Index 10,401.50 10,145.99 2.52% ‐0.33% Volume ('mn) 5,729.64 3,191.27 79.54% Value (QAR'mn) 10,950.08 7,848.51 39.52% Sub‐Indices QE Total Return Index 20,582.29 19,639.13 4.80% 2.59% Al Rayan Islamic 4,391.81 4,178.10 5.12% 2.87% All Share Index 3,312.52 3,145.67 5.30% 3.54% All Share Banks&Finac 4,360.32 4,118.63 5.87% 2.65% All Share Industrials 3,321.21 3,158.30 5.16% 7.21% All Share Transprt In 3,507.73 3,470.09 1.08% 6.39% All Share Real Estate 1,890.22 1,762.86 7.22% ‐2.00% All Share Insurance 2,616.27 2,411.71 8.48% 9.20% All Share Telecoms In 1,058.57 1,057.35 0.12% 4.74% All Share Consumer Goods & Srv 8,075.94 7,704.37 4.82% ‐0.81%

Qatar Stock Exchange (RHS) vs. Turnover (LHS)

11500 1,800.0

1,600.0 11000 1,400.0 10500 1,200.0

10000 1,000.0

800.0

9500 Million 600.0 9000 400.0 8500 200.0

8000 0.0 20 20 20 20 20 20 20 20 20 21 21 20 21 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ Jul Jan Jun Oct Apr Sep Feb Dec Aug Nov Mar Mar May

Top Equity Gainers Price Chg Top Co. ‐Value Price Value Market Cap ‐ DSM Index Companies QAR % Companies QAR QAR' mn In Billion MANNAI CORPORATION QSC 4.07 37.59% INVESTMENT HOLDING GROUP 0.81 1,287.3 USD QAR INVESTMENT HOLDING GROUP 0.81 28.39% QATAR NATIONAL BANK 17.99 1,154.1 149.0 542.4

AL KHALEEJ TAKAFUL GROUP 3.57 27.86% MASRAF AL RAYAN 4.29 621.9

ZAD HOLDING CO 18.15 21.98% QATAR ALUMINUM MANUFACTURING 1.18 544.6

QATAR NATIONAL CEMENT CO 4.98 17.37% SALAM INTERNATIONAL INVESTME 0.66 496.1

Top Equity Losers Price Chg Top Co. ‐Volume Price Volume Companies QAR Companies QAR mn

AL AHLI BANK 3.61 ‐9.50% INVESTMENT HOLDING GROUP 0.81 1,711.5

OOREDOO QPSC 7.07 ‐8.18% SALAM INTERNATIONAL INVESTME 0.66 750.6

QATAR GAS TRANSPORT(NAKILAT) 3.16 ‐6.93% QATAR ALUMINUM MANUFACTURING 1.18 468.8

DLALA HOLDING 1.72 ‐6.71% AAMAL CO 0.96 236.3

AL MEERA CONSUMER GOODS CO 19.59 ‐6.36% EZDAN HOLDING GROUP 1.62 193.3 Source: Bloomberg

l CR No. 1279406 l Tel: +968 24949000 l Fax: +968 24949099 l Email: info@u‐capital.net www.u‐capital.net Follow us on: Page 7 of 8

Market Summary Indicators

Current Previous MTD YTD Bahrain Bourse 1,458.03 1,466.43 ‐0.57% ‐2.13% Volume ('mn) 147.67 146.69 0.67% Value (BHD'mn) 39.11 33.60 16.38% Sub‐Indices Banks 3,300.99 3,317.45 ‐0.50% ‐1.84% Hotel and Tourism 1,889.71 1,897.56 ‐0.41% ‐3.49% Industiral 828.02 829.59 ‐0.19% 0.59% Insurance 1,820.19 1,795.06 1.40% 10.02% Investment 1,682.89 1,694.46 ‐0.68% ‐6.86% Services 580.00 586.18 ‐1.05% ‐0.89%

Bahrain Bourse (LHS) vs. Turnover (RHS)

1550 14.0

1500 12.0

1450 10.0

1400 8.0

1350 6.0 Million

1300 4.0

1250 2.0

1200 0.0 20 20 20 20 20 20 20 20 20 20 21 21 21 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ Jul Jan Jun Oct Apr Sep Feb Dec Aug Nov Mar Mar May

Top Equity Gainers Price Chg Top Co. ‐Value Price Value Market Cap ‐ BHSEASI Companies BHD % Companies BHD BHD 'mn In Billions NASS CORP BSC 0.049 36.11% AHLI UNITED BANK B.S.C 0.716 7.6 USD BHD INOVEST CO BSC 0.252 14.55% BAHRAIN DUTY FREE COMPLEX 0.630 3.6 22.3 8.4

ITHMAAR HOLDING BSC 0.065 10.17% GFH FINANCIAL GROUP BSC 0.172 2.6

NATIONAL BANK OF BAHRAIN BSC 0.595 4.89% ALUMINIUM BAHRAIN BSC 0.516 2.1

BAHRAIN KUWAIT INSURANCE 0.391 4.55% TRAFCO GROUP BSC 0.298 1.9

Top Equity Losers Price Chg Top Co. ‐Volume Price Value Companies BHD % Companies BHD mn

KHALEEJI 0.042 ‐20.75% GFH FINANCIAL GROUP BSC 0.172 15.0

APM TERMINALS BAHRAIN BSC 1.260 ‐13.88% AHLI UNITED BANK B.S.C 0.716 10.5

BANADER HOTELS CO 0.163 ‐7.11% TRAFCO GROUP BSC 0.298 6.5

ALBARAKA BANKING GROUP 0.230 ‐6.12% BAHRAIN DUTY FREE COMPLEX 0.630 5.7

BAHRAIN SHIP REPAIR & ENGIN 0.905 ‐3.72% AL‐SALAM BANK 0.066 4.2 Source: Bloomberg

l CR No. 1279406 l Tel: +968 24949000 l Fax: +968 24949099 l Email: info@u‐capital.net www.u‐capital.net Follow us on: Page 8 of 8 Follow us on our social media accounts

Ubhar Capital SAOC (U Capital)

Website: www.u‐capital.net Ominvest Business Centre Building no. 95, Way no. 501, Airport Heights, Oman Tel: +968 2494 9000 Fax: +968 2494 9099 Email: research@u‐capital.net

Disclaimer: This report has been done by U Capital Research, and is provided for information purposes only. Under no circumstances is to be used or considered as an offer to sell or solicitation of any offer to buy. While all reasonable care has been taken to ensure that the information contained therein is not untrue or misleading at the time of publication, we make no representation as to its accuracy or completeness and it should not be relied upon as such, and the company accepts no responsibility whatsoever for any direct or indirect consequential loss arising from any use of this report or its contents. All opinions and estimates included in this document constitute U Capital Research judgment as of the date of producon of this report, and are subject to change without noce. This report may not be reproduced, distributed or published by any recipient for any purpose.