BUSINESS Thursday 1 December 2016

PAGE | 22 PAGE | 23 9,793.83 19,190.76 6,783.79 $49.06 +157.43 PTS + 69.16 PTS + 11.79 PTS +3.83 QIIB wins 'Best 1.63% 0.36% 0.17% Arabtec pins Islamic Bank' QE DOW FTSE100 BRENT turnaround hopes Award on industry veteran Dow & Brent before going to press

Prime Minister awards 50 top SMEs at QDB event

Sachin Kumar The Peninsula

rime Minister and Inte- rior Minister H E Sheikh Abdullah bin Nasser bin Khalifa Al Thani honoured top 50 PSmall and Medium Enterprises at the SME Excellence Awards Cer- emony held yesterday. The award ceremony of SME Excellence List 2016 was organised by Qatar Development Bank and Qatar Chamber at Four Seasons Hotel. The initiative was designed to provide a valuable platform for exceptional local SMEs, as it Prime Minister and Interior Minister H E Sheikh Abdullah bin Nasser bin Khalifa Al Thani and other dignitaries with SME Excellence Award winners at the QDB showcased their achievements event, yesterday. Pic: Kammuty V P / The Peninsula in front of ministers of the state, heads of diplomatic missions, and To this end, QDB has short- Computer Station Company, our firm belief that these com- industries, as envisioned in Qatar the ability of the budding SME sec- distinguished private and public listed 50 outstanding performers Specialised Qatar Window and panies have taken tremendous National Vision 2030. Further- tor to generate large incomes. A sector leaders in attendance at of the local private sector from Door System, Kaafe Chocolatier, strides to unlock their potentials. more, in future, we encourage key objective of the ranking pro- the ceremony. Addressing the amongst a collection of more than Qatar International Consolidated In the days to come, we urge all SMEs operating in the coun- gram is to foster a culture of and gathering, Chief Executive Officer 800 SMEs. Our team distin- Company, Saad and Majed for them to continue focusing on try and registered in Qatar to competition in the economic sys- (CEO), QDB, Abdulaziz bin Nasser guished these finalists on the basis Technical Solutio and Green development and innovation in seize the opportunity and join tem by ranking top SME al-Khalifa said: "We are delighted of stringent criteria – a testament Energy and Environmental Serv- all aspects of their work, so that our SME rating initiative.” performers on a clearly estab- to stand before you today with of their success is that the total ices were the top five companies they may compete locally, The SME ranking programme lished set of criteria and providing yet another proactive initiative: income achieved by these 50 to win the award. regionally and globally with the sheds light on the growing matu- a roadmap to success for other SME Excellence List 2016. SMEs amounts to nearly QR1bn." The QDB CEO added:“It is very best in their respective rity within the private sector and SMEs to follow. Doha to emerge as regional food grain hub Opec agrees first

Mohammad Shoeb The Peninsula output cut since 2008

ith the completion of Vienna the multi-billion dol- Reuters Wlar Hamad Port project, Doha and Moscow are pec has agreed its first now working closely to trans- limit on oil output since form Qatar as a regional hub for O2008, sources in the pro- food grain supply-chain in the ducer group told Reuters, with and North Africa Saudi Arabia accepting "a big (Mena) region, said a top official hit" on its production and agree- of Qatari Chamber (QC) here ing to arch-rival Iran freezing yesterday. output at pre-sanctions levels. Mohammed bin Ahmed bin Opec President and Qatar's Tawar Al Kuwari, Vice-Chairman Minister of Energy and Indus- of QC, talking to reporters on the Cheremin Sergey, (third right), Minister of Moscow Government, Head of the Department for try H E Dr Mohammed bin members would also cut sidelines of a meeting with high External Economic and International Relation of Moscow with his accompanying delegates at Saleh Al Sada (pictured) said production. level Russian trade mission, said: Qatar Chamber yesterday. Pic: Abdul Basit/The Peninsula key non-Opec members had The source added that “We are organizing a company agreed to cuts of 600,000 bpd, OPEC had also suspended Indo- for Russian and Qatari business- The visit of the Emir, H H Sheikh infrastructure development, have huge network of subways of which Russia had commit- nesia from Opec and hence the men, as part of a strategic Tamim bin Hamad Al Thani to transport, healthcare, hospital- and over 100km of Metro line with ted to 300,000 bpd. exact combined reduction was proposal, to expand and deepen Russia in January this year, is ity, insurance, finance, banking 48 new stations under construc- Brent crude futures jumped yet to be calculated. The meet- bilateral trade and cooperation being considered as a major and equity market. tion. In addition, we also have 170 8 percent to more than $50 a ing was still ongoing after in a wide range of areas, which breakthrough with regard to “Moscow is one of the best major transport hubs planned to barrel after Riyadh signalled it around six hours of debate. include ensuring food security in enhancing bilateral relations. destinations for foreign direct be build.” had finally reached a compro- "Opec has proved to the Qatar and the entire region.” The visiting Minister of Mos- investment (FDI). Nearly 50 per- The Qatar-Russia bilateral mise with Iran after insisting in sceptics that it is not dead. The Al Kuwari, who is also a cow Government and Head of cent of Russia’s total FDI comes trade volume witnessed a steady recent weeks that Tehran fully move will speed up market prominent businessman, added: the Department for External to Moscow. We pay high atten- growth over the past several participate in any cut. rebalancing and erosion of the “Under the strategic proposal we Economic and International tion to the development and years to reach $137.4m in 2014, The source said the Organ- global oil glut," said OPEC intend to be a major hub for food Relations of Moscow, Cheremin maintenance of infrastructure, the highest since 2011 when the isation of the Petroleum watcher Amrita Sen from grain importing from Russia, Sergey Yevgenievich, who is transport, and technological trade volume stood at $70.04m. Exporting Countries had on Energy Aspects. which is very strong in grains here with a 14-member delega- parks, which may be of the great However, the two-way trade in Wednesday agreed on a pro- Before the meeting, Saudi production, both for human and tion consisting of senior importance for the Qatari inves- 2015 declined to $111.3m, under- posal by member Algeria to Energy Minister Khalid al-Falih livestock consumption. The huge government officials and busi- tors,” said Minister Cheremin. standably due to economic reduce production by around said Opec was indeed focusing facilities at Hamad Port, will be ness executives, gave a detailed Cheremin further said: “Mos- slowdown and decline in the 4.5 percent, or about 1.2 million on significant cuts and hoped used to import, storage and re- presentation to the Qatari busi- cow’s budget is stable, we do not prices of traded items. The trade barrels per day. Russia and other non-OPEC export grains to other countries nessmen at the QC have deficit. Recently it paid the balance has been traditionally Saudi Arabia would con- producers would contribute a in the Mena region.” headquarters. highest dividend across the in favour of Russia, which was tribute around 0.5 million bpd reduction of another 0.6 mil- Both the energy-rich coun- During his detailed presen- Europe… We have earmarked a $90.1m in 2015. Russia’s trade by reducing output to 10.06 lion bpd. "It will mean that we tries are exploring areas for tation, he highlighted the huge budget of nearly $27bn for health- surplus with Qatar peaked to million bpd, the source said, (Saudi) take a big cut and a big mutual cooperation to further investment opportunities in care related activities. We are $100m in 2013 when the bilat- while Iran would freeze output hit from our current production expanding and deepening the Moocow’s promising sectors, reconstructing all the clinics and eral trade volume stood at at close to current levels of and from our forecast for 2017," level of trade and investment. including real estate, replacing medical equipment. We $131.8m. 3.797 million bpd and other Falih said. 22 BUSINESS THURSDAY 1 DECEMBER 2016 Commercial QIIB wins 'Best Islamic Bank' Award Bank begins The Peninsula are happy to receive such an individuals or companies. We mortgage award from this well-established sincerely believe that the strides ambridge IF Analyt- institution, which declares its we make in Islamic banking, will ica, leading financial awards based on international contribute to the success of the campaign services intelligence standards and proper market Qatari banking sector in house, has chosen research”. particular and the national COMMERCIAL Bank has QIIB as the “Best He said, “We consider this economy in general”, Jamal launched a highly competi- CIslamic Bank in Qatar” in Retail award as a recognition to QIIB added. tive mortgage loan campaign Services for 2016. The announce- and its efforts in value-driven On the selection of QIIB as to help customers manage their ment was made at an event held Shariah-based banking. the “Best Islamic Bank in Qatar” existing mortgage obligations in recently, and attended To tell you the truth, this can in Retail Services for 2016, with other banks. by high level financial and bank- be considered an award for Cambridge IF Analytica said, Until the end of the year, ing institutions, both regionally Islamic banking in general, “During evaluation, we have customers can enjoy a very and internationally, which has gained the trust of its relied on a set of standards, competitive mortgage inter- Cambridge IF Analytica is customers and fulfilled their including quantitative factors est rate starting from 3.75 considered a renowned institu- needs based on the best interna- such as profitability, geographic percent per annum (2.02 per- tion in financial services. It offers tional standards, even as it is prevalence and business cent flat),with the flexibility studies and consultations for the attracting more customers every development, in addition to the to merge loan obligations- development and use of analyt- year”. bank’s reputation and its from other banks under one ical tools in the evaluation of The distinguished journey of customers’ satisfaction level”. loan from Commercial Bank, business data and the assess- QIIB Deputy CEO Jamal Al Jamal (left) receiving the award at QIIB in different banking Cambridge IF Analytica also with just one monthly ment of the micro-economy portfolios, including retail confirmed that “QIIB contributed instalment. the event held in Dubai. indicators while understanding services will continue. QIIB will to the growth of Islamic Martin Leong,AGM Retail the market trends, determining of financial services at world on the occasion: further enhance the performance financing, and succeeded in & Consumer Banking said: the leadership positions, and level. Jamal Al Jamal, QIIB Dep- “Leadership is considered bar. “ This will help us to meet fulfilling the needs of its “Commercial Bank’s mort- developing the trademarks for uty CEO received the award one of the pillars of QIIB busi- the increasing needs of our customers by offering Shariah- gage offeris one of the best the development of the industry during the ceremony and stated ness throughout its journey. We growing customer base, whether compliant products. currently available. It is a lim- ited offer, so customers should act fast to see how we can help them take advantage of this great deal, save them IIA holds risk management seminar 'Digital Qatar' money, and make their com- bined repayments easier to The Peninsula clarified. manage.” Challenges There are variations in ERM Commercial Bank puts its he Institute of Internal Internal Auditors roles played by the Board, Man- offers huge customers firstwith innova- Auditors (IIA) Qatar agement and Internal Auditors. tive products and services to worldwide still face recently conducted a full In response to questions raised meet their needs. T challenges in day training program titled about Internal Auditors being "Everything you wanted to know understanding asked by management to take- opportunties about Risk Management" and an various concepts and on the Risk Management evening seminar on "Innovate & models . function in some organizations, The Peninsula encourage more businesses to Doha Bank Be Great or Stagnate & Termi- Adil displayed the “Risk Manage- move their service offerings nate" at Oryx Rotana Hotel. Adil The training covered ment Fan” chart that clarifies atar’s efforts to digitise online, particularly small and card delivery Buhariwalla is Managing Part- the nine principles of what IA’s should do, should do its economy and pro- medium businesses. A recent ner of MASC International, UAE, risk management with caution and should not do. Qvide more services report by Trading Economics centre at was the trainer. and steps for The training covered the nine online is opening a huge range suggests that digitising Qatar’s “Although risk management implementing risk . principles of risk management, of opportunities for citizens, economy could result in GDP is not a new subject, Internal steps for implementing risk man- businesses and the wider growth of 3.4 percent – or QR City Center Auditors worldwide still face agement such as Mandate & region, according to experts 38.2bn– by 2020. challenges in understanding var- most common models used by Commitment, Design of the RM set to attend the Euromoney A special panel at the DOHA Bank yesterday took ious concepts and models and internal auditors were the COSO Framework, Risk Assessment, Qatar Conference 2016. upcoming Euromoney Qatar another step forward in often implementation creates it's and ISO 31000 models” said Adil. Risk Treatment, Monitoring & Qatar has announced a Conference 2016 will look at expanding its service delivery unique challenges. The objective He explained the meaning of Reporting on Risk Management multi-government agency ini- the steps taken to date to network and bringing greater was to bring out needed clarity risk, and how risk was defined and Continual Improvement. tiative to digitise services and digitise the economy, and banking convenience to cus- in concepts and implementation by COSO 2103 and by ISO 31000. Two sets of quizzes were con- build a strong network foun- examine the necessary tomers with the opening of a aspects from real life experience As risk has a direct correlation ducted and case studies dation as part of the plans to strategic priorities, including dedicated Card Delivery Cen- and in-depth knowledge” said to corporate objectives, various individually, and in groups. promote the knowledge- infrastructure investment and tre at its City Centre branch. Sundaresan Rajeswar, the IIA types of Business Objectives The speaker provided based economy in support of regulatory change. Located adjacent to the Board member. were elucidated. insights into innovation and how the Qatar National Vision Featuring speakers from City Centre main gate, the Adil started by playing a “ While Governance is the Internal Auditors can help 2030. The push for digital has Qatar Central Bank, SAP, new centre will serve as a video on risk management that overall system implemented by enhance and protect organiza- seen the majority of govern- Vodafone Qatar and PayFort, one-stop destination for got everyone in the right frame the Board/Senior management tional value. Hassan Al Mulla, ment services be made the panel discussion will pay card-related services. of mind for the full-day intense to direct and oversee the activi- President of the IIA opened the available online, as well as the particular attention to the Dr R Seetharaman, CEO course. “There are various mod- ties of the organization, ERM is meeting. Board members Fahad launch of dedicated pro- potential impact of of Doha Bank, said, “The new els used for Risk Management, a vital component of governance, al Marri, Murali krishna, Kurien grammes to tackle social digitalisation on the financial Card Delivery Centre will add including many home grown and internal control is a vital Kuriakose, Murtaza, Felix and issues, such as electronic pay- sector. more value to Doha Bank’s ones. However, the component of ERM” Adil Christian Adonis were present. ments for workers, which has Laurence Leyden, branch network and is a fur- ensured that 85 percent of General Manager, Financial ther demonstration of our Qatar’s 2.1 million workers are Services, EMEA, SAP, said: commitment to providing now paid by bank transfer. “The move towards greater convenience to our Most recently, the Ministry of digitalisation in Qatar, led by customers." The centre’s Transport and Communica- government ministries and strategic location and gener- tions (MoTC) has announced the leadership of Qatar, has ous opening hours are plans to expand “digital cul- already delivered significant designed to ensure maximum ture” across the community results for the people and for convenience for customers and achieve 100 percnet dig- the economy. The Card Delivery Centre ital comprehensiveness for all The next stage, which will at Doha Bank City Centre demographic segments, see large-scale digitalisation branch will be open six days including temporary workers, of business services, should a week – Saturday through the elderly, and people with provide significant stimulus Thursday – from 9am to 8pm. disabilities, to raise awareness for diversifying the economy, The centre will issue all types of the benefits of ICT. Next offering new employment of Doha Bank cards to cus- The trainers and participants at the training programme in Doha steps under consideration opportunities and boosting tomers except the D-pay include measures to innovation across Qatar.” payroll card. Domasco announces launch of premium sedan Volvo S90

The Peninsula Swedish brand’s continuing delivering a high-end luxury “It is classy and cool. The transformation. experience that promises com- exterior is exceptionally well l-Futtaim’s Doha Mar- The S90 has taken a big fort and control.” He added, surfaced with a fantastic stance keting Services stride forwards in terms of “We are delighted to offer this and the sort of clean lines that ACompany (Domasco), driving dynamics, performance innovative new model to our are singularly appropriate of a the distributor for Volvo cars and ride. Completely rede- customers here in Qatar.” Scandinavian design. in Qatar, has announced that signed the Volvo driving The S90 carries the proud The interior masters the art the game changer premium experience from the ground up and confident face of Volvo’s of blending innovative technol- sedan, Volvo S90, is now avail- to deliver a sense of precision, new design language, along ogy and natural materials into able in the Volvo showroom. engaging control and with classic Volvo styling cues. an elegant, welcoming and The S90 marks a giant step comfort. Key features include the iconic tasteful ambience.” said forward for Volvo Cars. The Commenting on the launch “Thor’s Hammer” LED head- Andrew Parrott, Head of Sales Swedish car maker is better of Volvo’s premium four-door, light design, the new grille, and and Marketing for Volvo at known for its SUVs, but with five-seat flagship sedan, Faisal the expressive use of the Volvo Domasco. the launch of the S90 Volvo is Sharif, the Managing Director word mark on the rear. “The S90 provides luxuri- clearly intent on shaking up at DOMASCO said, “The S90 In the cabin, Volvo has ous comfort and the premium sedan segment brings something entirely new taken cues from the success of confidence-inspiring handling with its distinctive executive to this rather conservative pre- its XC90 model and raised the and braking performance, while class sedan. mium sedan segment and bar with new details on the also offering class-leading driv- Equipped with a host of delivers a visual expression dashboard and instrument ability and safety performance. new technologies ranging from that exudes leadership and panel, including new air blades We are inviting Volvo enthusi- cutting edge safety to cloud- confidence on the exterior. that stand vertically on each asts to indulge themselves in a based apps and services, the On the inside the S90 is side of the Sensus user test drive in this game changer S90 is further proof of the taken to the next level, interface. premium sedan.” THURSDAY 1 DECEMBER 2016 BUSINESS 23 Arabtec pins turnaround hopes on industry veteran

Pinning hopes Abu Dhabi between 2011 and 2014, joined is Depa’s largest shareholder eight successive quarterly losses Reuters Arabtec on Nov. 28, the company with 24.33 percent, while Fahim and, in April, hired restructuring Loss-making Arabtec said in a statement. served as Depa chairman until advisory firm AlixPartners to has been struggling Mehairbi will continue to May. His replacement, Ibrahim help it strengthen its capital for more than two ubai construction serve on Arabtec’s board. Belselah, served as Arabtec structure and reform its years in a depressed company Arabtec Arabtec shareholders responded chairman between September business. market for Holding said that it positively to the move, with the 2011 and May 2012. “The regional contracting infrastructure appointed Hamish stock ending Tuesday 2.3 per- Both companies, in their industry remains challenged for projects. Tyrwhitt (pictured) cent higher. statements, said the move will the next few years, so anybody Das its Chief Executive, hoping the Tyrwhitt, who began work- have no impact on their opera- coming to Arabtec has legacy Arabtec has industry veteran can help turn ing in construction 30 years ago, tions. In its filing, Depa said the problems,” said Sanyalaksna reported eight around its fortunes as Gulf con- will retain his position as group duo had signed a “settlement and Manibhandu, head of research tractors battle a severe CEO of Dubai-based interior cooperation agreement”, which at NBAD Securities, adding it successive quarterly downturn. reshuffle saw acting CEO contractor Depa Group, which positioned Depa as one of would be tough to turn the firm losses and, in April, Loss-making Arabtec has Mohamed Al Fahim step down he has held since April. Arabtec’s preferred partners around. Gulf contractors are bat- hired restructuring been struggling for more than and replaced by board member While such a move would be “My role with Arabtec com- tling a downturn caused by advisory firm two years in a depressed mar- Saeed Al Mehairbi on an interim considered unusual in other plements my current role with reduced spending on infrastruc- AlixPartners to help ket for infrastructure projects, basis in November 2015. parts of the world, most major Depa and a closer working rela- ture projects by the state in the it strengthen its its problems exacerbated by Tyrwhitt, who served as chief Gulf business figures hold mul- tionship between the two wake of the drop in oil prices, capital structure and internal strife among sharehold- executive of Australian contrac- tiple roles, often within the same companies can only benefit which has put schemes on hold reform its business. ers and a number of senior tor Leighton Holdings, since sector. There are also existing both,” said Tyrwhitt in the Depa and delayed payments to management changes. The last rebranded CIMIC Group , links between the pair: Arabtec statement. Arabtec has reported contractors.

Palestinian start-ups Eurozone inflation hits show the way ahead 31-month high Ramallah avoid many of the frustrations AFP for other companies in the West Brussels Bank, where the Israeli army AFP t first glance, Mashvisor checkpoints often present very is just one of thousands physical challenges to urozone inflation rose Aof websites specialising commerce. to a two-and-half year in US real estate. But it has a “There are no walls, there Ehigh in November as unique feature, undetectable to are no challenges, there is noth- Europe moved further away customers: Its designers created ing that can stop this kind of from the low consumer prices it in the West Bank and it is run thing,” he says. “It’s a virtual that have put a fragile eco- from the Israel-occupied Pal- market, so there are no check- nomic recovery under threat. estinian territory. points where they tell you: ‘You The Eurostat statistics “The great thing about a can’t sell this. You can’t take this agency yesterday said con- start-up is you can work on it out of the country.’” The com- sumer prices in the anywhere in the world. You can pany benefited from the 19-country currency bloc rose be in Palestine, you can be in support of the Ramallah-based by 0.6 percent this month, the Cambodia, Vietnam, China. It Leaders, an organisation that first time it has hit that level doesn’t matter,” explains Peter helps nurture start-ups. since April 2014. The level Abu Al Zolof, who founded Shadi Atshan, Leader’s matched forecasts by analysts Mashvisor more than a year ago director general, said that in the and will come as a relief to Pedestrians carrying shopping bags in Oxford Street in central London. with a friend. start-up scene there was “no the European Central Bank Last week, Mashvisor unemployment — unlike almost which has embarked on a became the first Palestinian all other industries and eco- highly controversial and mas- company to get the support of nomic sectors in Palestine sive stimulus programme to the influential American 500 which have high unemploy- boost inflation. Startups venture capital fund. ment”. “Those with good skills Luxury shoppers crowd The eurozone’s ultra-low It is one of a number of Pales- can earn a very high income.” inflation is a huge worry for tinian start-ups in the occupied The unemployment rate in the ECB, where the goal is to Palestinian territories, long the occupied Palestinian terri- London for Brexit deals keep inflation near 2.0 per- overshadowed by Israel’s so- tories is 27 percent, according cent. Inflation reflects called “Start-up Nation”. to figures from the Palestinian underlying consumer The online platform auto- Central Bureau of Statistics. The London result is that London has become are designed and assembled in demand in the economy and mates and analyses US real Ibtikar investment fund has AFP the cheapest city for luxury the States. But with the weak- while still edging higher this estate data nationwide to find invested around $800,000 goods shopping in the world in ening of the pound it actually month, 0.6 percent means investors the best property (€750,000) in 10 start-ups so hile the prospect of dollar terms, according to a happens to be cheaper for the Europe is still short of a full- deals. As in Silicon Valley, the far, according to its executive Brexit is weighing on study by Deloitte. American tourists to buy an fledged recovery. “The muted staff dress casually, drink cof- director Ambar Amleh. She Wmuch of the British In tourist areas, the effects American product in London,” November core inflation data fee from state-of-the-art stresses their work is not economy, tourism and luxury are evident. “We’re going to said Denis Sagajevs, who works highlight that the ECB cannot machines in garish colours, and charity. goods businesses are cashing in spend much more money than in Shinola, a shop selling relax on the inflation front pad through the office wearing “This isn’t work that should on bargain-hungry visitors lured we planned to,” said Radostina watches and leather accessories. yet, even if the headline rate US-made headphones around be funded by donors or grants. by the slide in the pound. Nonova, a Bulgarian tourist, “It’s affected by the fact that they looks primed to rise appreci- their necks. The expectations of making London’s tourism agency laughing as she lugged her bags can claim VAT on their way ably over the next few But working in the West money should be there from the says sales of goods eligible for on Carnaby Street—in the heart back. We pretty much on a day months,” Archer of IHS Glo- Bank brings unique challenges. beginning because we are cre- sales-tax exemption have gone of London’s shopping district. to day basis explain that to cus- bal Insight wrote. In October 2015, a wave of vio- ating companies,” she said. up by a third since the Brexit “We didn’t plan to shop too tomers from the States. It lence broke out across Israel Palestinians are still a long vote in June, which sent the much but it’s obvious that the happens to be quite a strong and the Palestinian territories. way behind Israel, where com- pound sterling plunging against prices are very good for us. “So sales driver,” he said. Aeroflot profits Abu Al Zolof’s friend and found- panies in Tel Aviv’s start-up the euro and dollar. we shop and we can afford to Some shops are adapting ing partner Mohamed Jebrini, scene regularly sell for tens or “We calculated that over the eat and drink outside. That was their advertising and sales tac- climb seven-fold who lives in Hebron, found hundreds of millions of dollars. last four months it’s been about not possible years ago,” she said. tics to the new consumer himself stranded in the city as In 2013, Google bought the 12 percent cheaper for Europe- French tourist Christophe behaviour. “Before the vote, roads were closed, 45km from Israeli traffic app Waze for ans to come and shop here,” said Disic said he did not come just European tourists were couples in third quarter their Ramallah offices. “He was more than $1bn, a figure unim- Chris Gottlieb, head of leisure because the pound was low but who came to be together and stuck in Hebron and I was stuck aginable in the Palestinian marketing at the agency Lon- “when we changed our money maybe bought a couple of Moscow in Ramallah and we were still scene. don & Partners. we realised we had a few more things,” said James, the manager AFP working on our company,” But Amleh points out the The pound is now at €1.17 pounds for fewer euros”. When of a luxury men’s clothes shop explains Abu al-Zolof. huge government support for compared with €1.3 before the speaking to US tourists, shop- on Carnaby Street. “Now, there ussia’s flagship carrier And the American-Pales- Israeli start-ups, which don’t shock vote to leave the Euro- keepers are quick to take out are groups of friends who rush Aeroflot said yesterday tinian says the online nature of exist in the Palestinian pean Union, while it has also their calculators. “We’re an in. They grab everything they Rits net profit had grown what they do means they can territories. fallen to $1.25 from $1.49. The American brand. Our products can carry.” nearly seven-fold in the third quarter despite an economic crisis that has battered the Russian aviation industry. The majority state-con- All-American pick-up trucks aim to lure China’s wealthy trolled company said it had earned a net profit of 41.2bn rubles ($630m) between July Guangzhou programmes allowing them into urban high-performance version of its F-series and September. Total reve- Reuters zones in an attempt to stimulate produc- - the best-selling vehicle in the US for 34 nue rose 18 percent to 157.5bn tion as economic growth, and car sales, years - to China, the world’s biggest auto rubles. armakers Ford and General Motors slow. With those looser restrictions, US market. A spokesman said the company Russia’s aviation industry are aiming the pick-up truck, an pick-up makers aim to distance their is studying whether to also bring a mass- has struggled in the face of Ciconic staple in the United States, at trucks from local models made by Great market model such as the F-150 or Ranger the country’s economic crisis upmarket buyers in China, where most Wall Motor, Jiangling Motors Corp (JMC) pick-up to China, depending on demand caused by falling oil prices associate trucks with farmers and con- and others and appeal to Chinese premium and future regulations. “The people who and Western sanctions struction workers. “The Chinese call it buyers, like Meng Shuo. buy the Raptor maybe own some other imposed over Moscow’s pika, pika - a very low-end worker’s (vehi- The 32-year-old founder of an invest- premium vehicle already. This is another actions in Ukraine, hitting cle). But the (Ford F-150) Raptor is totally ment consultancy, who already owned a toy,” Liu said. The truck is aimed at four travellers’ wallets. different,” said Wesley Liu, Ford’s - Chevrolet Camaro when he bought an types of buyers, he said - the wealthy, who Aeroflot is emerging Pacific sales director, ahead of this month’s F-150 pick-up truck five years ago through want to stand out from the crowd; busi- strong from the economic cri- Guangzhou autoshow. an unofficial grey market importer. He ness owners, who want more than a sis that is now showing signs Trucks are largely restricted to over- has since traded it in for a Toyota Tundra, traditional commercial vehicle; drivers of stabilisation, capitalising Jim Farley, CEO and Chairman of night driving in most Chinese cities, but and also owns a Mercedes luxury sedan who want a single car for all situations; on the bankrupcy of its main Ford Europe, in Cologne, western four provinces - Yunnan, Liaoning, Hebei and Porsche and Mitsubishi sports cars. and “gearheads”, who just like the competitor Transaero last and Henan - have this year launched trial Ford said in April it would bring a mechanics. Germany,yesterday. year. 24 BUSINESS THURSDAY 1 DECEMBER 2016 THURSDAY 1 DECEMBER 2016 BUSINESS 25 Dollar records RBS fails this year's BoE stress test best month London Counter actions Reuters against yen

oyal Bank of Scotland London (RBS) will cut costs $2.49bn Reuters and sell assets to State-backed RBS said boost capital levels, it that it would take a range he dollar edged up yes- said yesterday after of actions to make up the terday as US Treasury Rfailing this year’s Bank of Eng- capital shortfall identified Tyields resumed their land stress test, which warned by the tests of around rise after three down days, of a “challenging” outlook for £2bn ($2.49bn). with the greenback on track Britain’s financial system. for its strongest performance State-backed RBS rushed out against the yen in seven years. a statement after the result The dollar hit its highest announcement to say it would 2.3% level against a basket of major take a range of actions to make currencies for almost 14 years up the capital shortfall identified The bank’s shares were last week, after a boost from by the tests of around £2bn down 2.3% at 192 pence Donald Trump’s shock US ($2.49bn). The bank’s shares The unexpected result election win that drove debt were down 2.3 percent at 192 underlines the litany of yields higher on expectations pence by 0901 GMT. problems with which RBS of more fiscal spending, The unexpected result is grappling. higher inflation and a faster underlines the litany of problems pace of monetary with which RBS is grappling, tightening. including a mounting legal bill raise the money. The US currency has ral- for misconduct before the 2008 “RBS has agreed a revised lied almost 8 percent versus financial crisis and difficulties capital plan with the PRA to the yen since the start of A woman shelters under an umbrella as she walks past a branch of the Royal Bank of Scotland selling off assets such as its Wil- improve its stress resilience in November, its strongest liams & Glyn banking business. light of the various challenges in the City of London. month since December 2009, Analysts said the result and uncertainties facing both the and more than 3 percent would further delay RBS’s abil- bank and the wider economy,” capital target but also escapes third so far by the Bank of Santander UK did not reveal any against the euro , its best ity to start returning capital to the bank said. RBS is expected to the need for new capital-raising England since the 2007-09 capital inadequacies in the test, month in a year. shareholders. “We expect RBS settle soon with US authorities measures because of steps financial crisis forced taxpayers the central bank said. This week, however, the will announce further restruc- over its alleged mis-selling of already being taken. to bail out lenders such as RBS, Britain’s banking system dollar has stalled somewhat, turing at its full-year results, mortgage backed securities in The performance of the was the toughest yet, with underwent a severe real-life test trading below last week’s likely dashing any hopes for the run-up to the financial cri- seven lenders tested was worse scenarios combining shocks to in June when markets and peak, but the index was up 0.2 excess capital returns,” Jefferies sis. Barclays also fell short by than many market participants both global and domestic sterling plummeted in response percent on Wednesday. analyst Joseph Dickerson said in some measures but will not have had expected. economies. to Britain’s vote to leave the It was helped by data on a note. to submit a new capital-raising “This is the highest average Britain’s financial system European Union. RBS said that Tuesday that saw the US third The lender said it had agreed plan because it has already fall in CET1 (a measure of capital) faces elevated risks from leaving it needs an extra percentage quarter GDP revised up and a plan of action with the Pruden- announced steps to strengthen and leverage ratios we’ve seen the European Union and market point of capital, equating to November consumer confi- tial Regulation Authority (PRA), its defences, the BoE Financial in the history of a UK concurrent volatility after the US election, about 2bn pounds, which could dence come in stronger than the Bank of England’s enforce- Policy Committee (FPC) said. stress test,” said Steven Hall, the Bank of England said. be achieved by further asset expected. Friday will see the ment arm, that should mean it Standard Chartered missed banking partner at KPMG. HSBC, Lloyds Banking sales rather than tapping most-watched set-piece data does not have to tap markets to the test’s minimum Tier 1 This year’s health check, the Group, Nationwide and markets. point of the month: the non- farm payrolls report. “The market is a little bit more cautious - dollar strength has mainly been driven by expectations, so Mideast funds more bullish on equities: Poll these can only carry you so far,” Commerzbank currency Dubai coincide with the annual results increase allocations. The only market index in March 2017, this them, compared to ratios of 36 strategist Esther Reichelt said. Reuters of the public companies, and thing missing is a catalyst news provides opportunities in a percent and 14 percent last “In the end we want to more importantly their dividend item that would drive prices up,” number of stocks,” said Akber month. “Saudi market valuations see some facts to show these iddle East funds have distributions for 2016 profits,” said Talal Samhouri, head of Khan, head of asset management have come up in the past two changed expectations are jus- become more bullish said Mohammed Ali Yassin, head asset management at Qatar’s at Doha-based Al Rayan weeks so much that any nega- tified, and it’s still too early Mtowards equities in the of asset management at Abu Amwal. Investment. tive news coming from the for that. I would expect for region but are cautious towards Dhabi’s NBAD Securities. Qatari shares, which in last Fund managers are cautious, potential OPEC deal (to cut oil this reason the upcoming data Saudi Arabia and Egypt after “This will prove to be a pos- month’s survey drew the most however, on two equity markets output) would mean a major to be quite important.” spectacular rebounds in those itive catalyst for those companies bearish balance since the survey that have soared in the last sev- pull-back for the stock market,” Against the yen - which stock markets, a monthly Reu- whose cash dividend distribu- was launched in September eral weeks. Saudi Arabia’s index said Samhouri at Amwal. Reichelt said has also been ters poll found. tion could yield 4 percent or 2013, are back in some manag- has jumped over 25 percent Similarly, Egypt’s index pushed down this month by The poll of 14 leading fund more.” ers’ good graces, with 29 percent since the government’s $17.5bn jumped 37 percent after the the Bank of Japan’s decision managers, conducted over the The is saying they expect to increase international bond issue in late November 3 float of the Egyp- to implement a new mone- last week, found 43 percent the most favoured country allocations there and 21 percent October eased fears about its tian pound, but the rally has tary policy tool, targeting the expect to increase their alloca- among equity investors, with 57 anticipating reductions. Last ability to cope with an era of begun to make valuations less yield curve - the dollar was tion to Middle East equities over percent of participants saying month, only 7 percent said they cheap oil, and helped it begin attractive, particularly given up a third of a percent at the next three months and 7 per- they expect to raise allocations would increase and 50 percent making delayed payments to set- continued headwinds for the 112.78 yen as US Treasury cent to reduce them. there while only 7 percent expect said they would cut back. tle its debts to private Egyptian economy. yields ticked higher, some This is the most bullish bal- to reduce them. That compares “Historically, Qatari compa- companies. Twenty-one percent of man- way off last week’s highs of ance towards equities since with ratios of 29 percent and 7 nies have paid healthy dividends Managers have turned less agers now expect to increase 113.90 yen. The dollar was up January, and compares to ratios percent last month. with the entire distribution made bullish towards Saudi equities, allocations to Egyptian equities 0.1 percent against the euro of 14 percent and 7 percent in last “The UAE market is getting during Q1 2017. Combined with however; 29 percent said they and 29 percent to reduce them, at $1.0641, ahead of euro zone month’s survey. attractive in terms of valuations, the second half of Qatar’s inclu- expect to increase allocations compared to 21 percent and 43 flash inflation data due at “The next three months so it seems a good time to sion in the FTSE emerging there and 21 percent to reduce percent last month. 1000 GMT.

New Ford GT Saudi’s ACWA to offer hefty spread on $1bn bond offer

Dubai interests in power generation ACWA will have to count on Reuters and desalinated water produc- opportunistic investors; in par- tion plants, will on Thursday end ticular, it is likely to tap into the audi Arabia’s ACWA Power a series of investor meetings long-term liquidity pool offered is expected to offer a hefty across Asia, Europe, the Middle by the US and Asian investors Sspread on its planned $1bn East and the United States. who bought heavily into the bond offer, partly because of The bond offer, comprising 30-year tranche of the Saudi market volatility since the US senior secured fixed-rate con- sovereign issue. elections and a narrowing issu- ventional notes and trust A portfolio manager said the ance window, bankers and certificates, would have a total ACWA deal could be launched investors said. size of about $1bn, according to at a premium of between 100 ACWA, in which Saudi sov- a document issued by the firm and 120 basis points over the ereign entities hold a combined to investors and seen by Reu- sovereign’s 30-year notes, 16.3 percent stake, is set to be ters. The amortising bond would which are currently trading at the first international bond from mature in 2039, with the prin- around 230 bps over mid- the kingdom since the govern- cipal repaid over 13-1/2 years. swaps. Some investors are also ment’s mammoth $17.5bn debt For many investors, the timing comparing the ACWA bond to sale in October, Riyadh’s first of the issue is not ideal. “Given the $825m, 2036 project bond issue. The huge success of the that they’re issuing at the end of issued in 2013 by the UAE’s sovereign issue showed there is the year, when people have Ruwais Power Co (Shuweihat strong demand for Saudi debt, almost closed their books, they’ll 2), an affiliate of state-owned especially from Asian and US have to offer a high margin to Abu Dhabi National Energy Co. investors. But market volatility, get people’s interest. Everyone The Ruwais paper is not very and the complexity and long made money this year; nobody liquid; it is now trading at maturity of ACWA’s proposed wants to risk losing money around 230 bps over mid-swaps A new model Ford GT of manufacturer Ford is presented in Cologne, western Germany, bond structure, mean it may not now,” said a local investor. A but would be at around 280 bps yesterday. issue cheaply. The company, possible US interest rate hike in if liquidity was better, two fund which operates and has December is another risk. So managers said. 26 BUSINESS THURSDAY 1 DECEMBER 2016

QATAR STOCK EXCHANGE

QE INDICES SUMMARY QE MARKET SUMMARY COMPARISON WORLD STOCK INDICES EXCHANGE RATE 30-11-2016 Currency Buying Selling Index Day’s Close Pt Chg % Chg Year High Year Low QE Index 9,793.83 1.63 % Index 9,793.83 US$ QR 3.6305 QR 3.6500 All Ordinaries 5502.381 -18.076 -0.33 5691.8 4762.1 QE Total Return Index 15,845.76 1.63 % Change 157.43 UK QR 4.5069 QR 4.5699 % 1.63 Cac 40 Index/D 4581.33 29.87 0.66 4607.69 3892.46 QE Al Rayan Islamic Index 3,594.06 0.90 % Euro QR 3.8502 QR 3.9038 YTD% 6.09 Dj Indu Average 19121.6 23.7 0.12 19152.1 15450.6 QE All Share Index 2,698.07 1.50 % CA$ QR 2.7015 QR 2.7547 Volume 36,436,382 Hang Seng Inde/D 22789.77 52.7 0.23 24364 18278.8 Swiss Fr QR 3.5616 QR 3.6126 QE All Share Banks & 2,715.35 1.76 % Value (QAR) 652,409,857.26 Iseq Overall/D 6235.88 11.69 0.19 6791.68 5286.65 Yen QR 0.0318 QR 0.0324 Financial Services Trades 5,892 Karachi 100 In/D 42622.37 -188.9 -0.44 43297.41 29785 Aus$ QR 2.6855 QR 2.7390 QE All Share Industrials 3,051.16 0.81 % Up 25 | Down 14 | Unchanged 02 Nikkei 225 Ind/D 18308.48 1.44 0.01 18951.12 14864.01 Ind Re QR 0.0527 QR 0.0537 QE All Share Transportation 2,426.01 0.71 % 29-11-2016 S&P 500 Index/D 0 0 0 2213.35 1810.1 Index 9,636.40 Pak Re QR 0.0344 QR 0.0351 QE All Share Real Estate 2,143.17 1.36 % Change 52.67 Peso QR 0.0725 QR 0.0739 QE All Share Insurance 4,447.68 4.89 % % 0.54 SL Re QR 0.0242 QR 0.0248 QE All Share Telecoms 1,106.95 0.12 % YTD% 7.6 GOLD AND SILVER Taka QR 0.0454 QR 0.0464 Volume 5,876,844 QE All Share Consumer 5,608.74 0.65 % GOLD QR139.0638 per gramme Nep Re QR 0.0330 QR 0.0336 Value (QAR) 188,698,088.91 Goods & Services SA Rand QR 0.2578 QR 0.2630 Trades 2,805 SILVER QR1.9555 per gramme

INTERNATIONAL MARKETS - A LIST OF SHARES FROM THE WORLD

COMPANY CLOSE NET VOLUME COMPANY CLOSE NET VOLUME COMPANY CLOSE NET VOLUME COMPANY CLOSE NET VOLUME COMPANY CLOSE NET VOLUME NAME CHG TRADED NAME CHG TRADED NAME CHG TRADED NAME CHG TRADED NAME CHG TRADED

A C C-A/D 1342.6 20.05 52755 Dai-Tichi Kar-/D 514 28 2692 Ifb Agro-B/D 376.05 -6.15 6522 Mafatlal Ind-B/D 279 7.5 2198 Uppergsugar-T/D 303 3.2 154850 Aarti Drugs-B/D 645.25 8.25 1301 Dcm Financia-T/D 5.91 0.28 125839 India Cement-A/D 119.5 2.55 586928 Mah.Seamless-B/D 225.45 -6.25 5318 LONDON Aban Offs-A/D 237.05 19.85 1155794 Dcm Shram Ind-/D 240.5 -2.15 5363 India Glycol-B/D 130.7 3.3 37037 Maha Scooter-B/D 1652.75 24.7 4033 Ador Welding-B/D 294.7 5.85 1343 Dhampur Sugar-/D 113 -0.05 57698 Indian Hotel-A/D 101.8 -2.85 110490 Mangalam Cem-B/D270.55 6.35 2125 3i Group/D 681.5 9 616795 Aegis Logis-B/D 149 4.75 36201 Dr. Reddy-A/D 3197.1 6.2 9538 Indo-Tcount-T/D 156.35 1.5 38580 Mastek-B/D 138.1 -0.3 8966 Assoc.Br.Foods/D 2588 31 188757 Alembic-B/D 35.9 -0.05 54976 E I H-B/D 102 2.7 3712 Indusind-A/D 1089.4 29.45 62260 Max Financial-/D 533.55 -24.75 31816 Barclays/D 214.35 0.1 13053527 Alok Indus-A/D 2.68 -0.09 3885175 E.I.D Parry-A/D 248.7 -1.2 8042 J.B.Chemical-B/D 352.55 5.2 22778 Mrpl-A/D 98.8 0.65 256326 Bp/D 458.15 15.6 10616199 Apollo Tyre-A/D 191.05 7.3 453364 Eicher Motor-A/D 21715 371.6 5581 Jagatjit Ind-X/D 70.05 1 1200 Nahar Spg.-B/D 120.75 3.25 17193 Brit Am Tobacc/D 4512.5 58 1186436 Asahi I Glass-/D 176.5 -1.5 3219 Electrosteel-B/D 23.5 0.1 37860 Jagson Phar-B/D 34.8 -0.15 12042 Nation Alum -A/D 56.9 -0.65 231204 Bt Group/D 362.4 8.05 9812421 Ashok Leyland-/D 79.55 -0.45 639684 Emco-B/D 27.15 1 94328 Jamnaauto-B/D 177.65 0.15 35105 Navneet Edu-B/D 111.3 3.25 41371 Centrica/D 212.9 3.1 4782809 Ballarpur In-B/D 16.83 0.45 1126805 Escorts Fin-B/D 11.11 -0.03 8785 Jbf Indu-B/D 206.65 1.85 6771 Nepc India-T/D 1.58 0.07 8560 Gkn/D 309 0.6 922154 Neuland Lab-B/D 1017.7 13.5 8892 Hsbc Holdings/D 634.9 3.1 7508355 Banaras Bead-B/D 44.6 1.6 2694 Escorts-A/D 321.8 2 260533 Jct Ltd-B/D 5.67 0.18 324260 Nrb Bearings-B/D 112.5 3.2 1441 Kingfisher/D 358 0.5 1202697 Bata India-A/D 415.5 2.35 52035 Eveready Indu-/D 217 2.25 1776 Jenson&Nich.-B/D 8.06 0.04 8221 O N G C-A/D 287.45 2.75 320253 Land Secs Grou/D 977.8049 2.5 527927 Bayer Crop-A/D 4080 137.6 5899 F D C-B/D 218.8 4.6 6222 Jik Indust-T/D 0.7 -0.02 1000 Oil Country-B/D 34.15 1.05 21055 Legal & Genera/D 235.6 -3.3 4856530 Beml Ltd-A/D 841 6.35 13693 Federal Bank-A/D 70.65 1.05 523490 Jindal Drill-B/D 178.65 10.8 16195 Onward Tech-B/D 60.25 1.1 6091 Lloyds Bnk Grp/D 58.22 0.51 63828155 Bh Electronic-/D 1437.9 34.6 93004 Ferro Alloys-B/D 6.9 -0.1 33185 Jktyre&Ind-A/D 121.85 4.6 459047 Orchid Pharm-B/D 29.85 1.7 240829 Marks & Sp./D 331.1 2.8 1689084 Bhansali Eng-T/D 23.05 0.45 211476 Finolex-A/D 440.2 15.05 12376 Jmc Projects-T/D 209 3 1218 Oudh Sugar-B/D 107.6 -0.2 28607 Next/D 4915 -24 123371 Bharat Bijle-B/D 792.6 24.55 9880 Forbes-B/D 2174.15 31.35 456 Kabra Extr-B/D 112.8 -3.15 4137 Patspin India-/D 10.5 0.45 3606 Pearson/D 796.5 18 733185 Bharatgears-B/D 113.85 5.4 30237 Gail-A/D 424.8 -3.15 330073 Kajaria Cer-A/D 533.15 0.05 69718 Punjab Chem.-B/D 193.4 11 21096 Prudential/D 1551.5 5 1313514 Bhartiya Int-B/D 505.5 18.5 59262 Gammon India-T/D 12.3 -0.15 91911 Kakatiya Cem-B/D 251.9 2.15 10108 Radico Khait-B/D 119.55 2.65 84746 Rank Group/D 201.8 -1.2 58070 Bhel-A/D 130.35 0.9 537197 Garden P -B/D 28.6 -0.55 5105 Kalpat Power-B/D 242.8 5.8 5006 Rallis India-A/D 204.7 -1.5 10058 Rentokil Initi/D 215 0.5 639493 Bom.Burmah-B/D 510 -0.95 6684 Godfrey Phil-B/D 927.7 5.15 14449 Kalyani Stel-T/D 302.85 4.8 102311 Reliance Indus/D 402.6 8.8 193419 Rolls Royce Pl/D 679 6 592196 Bombay Dyeing-/D 46.25 0.35 211196 Goodricke-B/D 185.1 -2.9 14948 Kanoria Chem-B/D 72.25 -5.3 78770 Ruchi Soya-B/D 20.6 0.65 111775 Rsa Insrance G/D 548 9.5 766218 Camph.& All-B/D 689.95 -0.8 1730 Goodyear I -B/D 750.05 17.25 17421 Kg Denim-B/D 83.25 -0.45 45787 S Bk Bikaner-B/D 709.95 15.7 2248 Sainsbury(J)/D 232.1 -1.1 1940511 Canfin Homes-B/D 1687.1 29.15 18180 Hcl Infosys-B/D 54.1 4.45 2511273 Kilburnengg-Xd/D 53.9 2.05 6944 Salora Inter-B/D 73.75 6.7 41652 Schroders/D 2785 -3 61396 Castrol India-/D 407.5 6.05 80136 Him.Fut.Comm-T/D 12.65 0.05 267883 Kinetic Eng-Xc/D 82 0.9 10950 Saur.Cem-B/D 63.95 2.7 17347 Severn Trent/D 2222 1 129997 Century Enka-B/D 285.45 2.15 9066 Himat Seide-B/D 282.7 -0.65 8739 Kopran-B/D 52.6 3.4 88850 Tanfac Indust-/D 67.25 0.05 31062 Smith&Nephew/D 1138 10 1009895 Century Text-A/D 807.65 29.15 328068 Hind Unilever-/D 844.3 10.3 51287 Lakshmi Elec-B/D 469.4 -4.4 7435 Thirumalai-B/D 792.75 37.75 55589 Smiths Group/D 1409 9 338891 Chambal Fert-B/D 63.2 1.75 88228 Hind Motors-T/D 6.99 0.05 150427 Lakshmi Mach-A/D 3902.55 30.05 1044 Til Ltd.-T/D 272.15 0.3 2418 Standrd Chart /D 634.16 2.7 2910074 Chola Invest-A/D 970.05 -10 14337 Hind Org Chem-/D 19.25 0.65 38707 Laxmi Prcisn-B/D 39 1 4750 Timexgroup-T/D 56.6 5.25 345444 Tate & Lyle/D 689.5 5.5 408869 Cimmco-B/D 65.9 0.5 1747 Hind.Petrol-A/D 469.95 -5.35 448737 Lgb Broth-B/D 611.8 29.15 4839 Tinplate-B/D 79.65 -1.65 55138 Tesco/D 210.4 1.55 4112991 Cipla-A/D 566.55 -2.55 41793 Hindalco-A/D 175.9 0.45 1541365 Lloyd Metal-Xc/D 14.64 -0.36 77792 Ucal Fuel-B/D 183.8 4.05 52280 Unilever/D 3240 110 1875878 City Union Bk-/D 134.85 0.8 25179 Hous Dev Fin-A/D 1265 9.5 52986 Lumax Ind-B/D 781.55 5.5 1810 Ultramarine-B/D 173.5 2.65 8217 United Util Gr/D 904.3287 1 414152 Colgate-A/D 934.15 -5.25 7217 I F C I-A/D 23.3 0.25 2179435 Lupin-A/D 1503.2 -13.85 82094 Unitech P -A/D 5.04 0.09 3025459 Vodafone Group/D 197.05 2.8 31815598 Container Cor-/D 1172.55 3.6 4356 Idbi-A/D 69.35 1.3 281744 Lyka Labs-T/D 61.55 0.7 21803 Univcable-B/D 72.5 -0.6 7332 Whitbread/D 3463.64 -18 178927