MENA Monthly Databank.Xlsx
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KAMCO Research MENA Markets Monthly Databank February-2015 Index Monthly YTD FY Country Benchmark Value Change Feb-15 2014 MENA Markets In this Report… Kuwait KSE Price Index ▲ 6,601.43 0.4% 1.0% (13.4%) Kuwait ………………………………….2 Kuwait KSE Weighted Index ▲ 457.73 3.6% 4.3% (3.1%) Saudi Arabia ……………………….9 Kuwait KAMCO TRW Index ▲ 2,834.53 2.4% 2.9% (1.9%) UAE - Dubai ………………………….14 Saudi Arabia TADAWUL All Share Index ▲ 9,313.52 4.9% 11.8% (2.4%) UAE - Abu Dhabi ……………………17 UAE - Dubai DFM General Index ▲ 3,864.67 5.2% 2.4% 12.0% Qatar ……………………………………20 UAE - Abu Dhabi ADX General Index ▲ 4,686.19 5.1% 3.5% 5.6% Bahrain …………………………………23 Qatar QE 20 Index ▲ 12,445.34 4.6% 1.3% 18.4% Oman ……………………………………26 Bahrain Bahrain All Share ▲ 1,474.81 3.5% 3.4% 14.2% Egypt ………………………………….29 Oman MSM 30 Index ▲ 6,559.32 0.01% 3.4% (7.2%) Jordan …………………………………..32 Egypt EGX 30 ▼ 9,334.01 (5.2%) 4.6% 31.6% Tunisia ………………………………….37 Jordan ASE Index ▲ 2,195.46 1.2% 1.4% 4.8% Lebanon ……………………………….40 Lebanon KAMCO Beirut SE TRW Index ▲ 1,148.32 4.8% 5.1% 3.5% Morocco……………………….. 42 Tunisia Tunisia Index ▲ 5,442.26 4.3% 6.9% 16.2% Syria ……………………………… 45 Morocco MASI ▲ 10,460.62 2.3% 8.7% 5.6% Syria DSE Weighted Index ▼ 1,249.33 (1.0%) (1.7%) 1.7% Emerging Markets China SSE Composite Index ▲ 3,310.30 3.1% 2.3% 52.9% Russia RUSSIAN RTS INDEX ($) ▲ 896.63 21.6% 13.4% (45.2%) India SENSEX ▲ 29,361.50 0.6% 6.8% 29.9% Brazil BOVESPA Stock Index ▲ 51,583.09 10.0% 3.2% (2.9%) Mexico BOLSA Index ▲ 44,190.17 7.9% 2.4% 1.0% Korea KOSPI Index ▲ 1,985.80 1.9% 3.7% (4.8%) Taiwan TAIEX Index ▲ 9,622.10 2.8% 3.4% 8.1% Global Markets World MSCI World Index ▲ 1,772.86 5.7% 3.7% 2.9% Asia MSCI Asia Pacific ▲ 146.23 4.2% 6.1% (2.5%) Europe DJ Stoxx 600 ▲ 392.21 6.9% 14.5% 4.4% Europe FTSEurofirst 300 ▲ 1,563.52 6.7% 14.2% 4.0% Emerging Markets MSCI EM Index ▲ 990.28 3.0% 3.6% (4.6%) U.S.A S&P 500 ▲ 2,104.50 5.5% 2.2% 11.4% U.S.A DJIA ▲ 18,132.70 5.6% 1.7% 7.5% U.S.A NASDAQ Composite ▲ 4,963.53 7.1% 4.8% 13.4% UK FTSE 100 ▲ 6,946.66 2.9% 5.8% (2.7%) Germany DAX ▲ 11,401.66 6.6% 16.3% 2.7% Japan NIKKEI 225 ▲ 18,797.94 6.4% 7.7% 7.1% Hong Kong HANG SENG INDEX ▲ 24,823.29 1.3% 5.2% 1.3% Investment Research Department [email protected] Commodities P.O.Box 28873,Safat 13149 Kuwait Oil OPEC Crude ▲ 56.07 25.1% 7.8% (49.6%) Tel: (965) 1852626, Extn: 1153 / 1146 ▲ Fax: (965) 22492395 Oil Brent 62.58 16.0% 5.7% (45.6%) Oil Kuwait ▲ 55.67 31.8% 5.7% (51.7%) http://www.kamconline.com Natural Gas NYMEX Natural Gas (USD/MMBtu) ▲ 2.73 1.7% (5.1%) (33.8%) KAMCO Investment Company - K.S.C ▼ (Public) Gold Gold Spot $/Oz 1,213.80 (4.8%) 2.2% (1.4%) Source: Bloomberg & KAMCO Research KAMCO Research Kuwait Market Monthly Databank February-2015 Sector Weight By Market Cap Weighted Sectoral Indices Insurance Financial Services 1% Real Estate 10% Technology KSE Weighted Monthly YTD-15 FY-2014 0.2% 8% Indices % Chg % Chg % Chg Oil & Gas KSE Weighted Index 457.7 ▲ 3.6% 4.3% (3.1%) 1% Oil & Gas 488.9 ▲ 3.0% 3.9% (8.9%) Basic Materials Basic Materials 580.1 ▲ 3.2% (4.6%) 2.0% 2% Industrials 596.2 ▲ 1.8% 4.0% (0.5%) Industrials ▲ 9% Consumer Goods 1,049.4 8.9% 5.9% 11.3% Banks Health Care 450.6 ▼ (2.7%) (4.9%) (12.4%) Consumer Goods 49% ▲ 4% Consumer Services 531.5 4.1% 7.0% (9.5%) Telecommunications 432.5 ▲ 13.1% 12.6% (17.7%) Telecom Banks 534.8 ▲ 2.2% 3.8% 0.8% 12% Health Care ▲ Consumer 0.6% Insurance 597.0 0.6% (2.5%) 11.3% Services Real Estate 616.1 ▲ 2.6% 3.7% (7.8%) 3% Financial Services 555.1 ▲ 1.3% 0.5% (6.3%) ▲ Top 10 Kuwaiti Companies By Market Capitalization Technology 422.1 0.4% 0.3% (13.5%) Market Breadth 90 68 35 Company Name Market Cap. P/E ROE* Benchmark Return Closing Monthly Monthly YTD-15 FY-2014 (Mn KWD) (X) (%) Value Chg % Chg % Chg % Chg KAMCO TRWI 2,834.53 66.8 2.4% 2.9% (1.9%) 1- National Bank of Kuwait 4,511.7 18.5 9.4% KSE Price Index 6,601.43 29.2 0.4% 1.0% (13.4%) 2- Kuwait Finance House 3,335.5 28.5 6.6% KSE Weighted Index 457.73 15.9 3.6% 4.3% (3.1%) 3- Zain 2,506.5 11.8 13.2% Kuwait 15 Index 1,116.86 44.2 4.1% 5.4% (0.8%) 4- Ahli United Bank - Bahrain 1,476.8 11.4 13.9% Market Cap (KWD Mn) 30,995 1288.6 4.3% 4.3% (7.7%) 5- Kuwait Food Co. (Americana) 1,198.0 21.4 15.9% 3,050 Index Performance relative to Volume 500 6- Kuwait Projects Co. 1,061.0 23.2 8.9% 3,000 7- Burgan Bank 936.8 18.3 9.3% 2,950 400 8- Agility 923.3 18.6 5.6% 9- Commercial Bank of Kuwait 917.8 22.3 7.1% 2,900 300 10- Ahli United Bank - Kuwait 916.3 19.9 14.3% 2,850 2,800 200 Total 17,784 17.94 9.8% 2,750 *: ROE is calculated based on TTM 9M-2014 net profit & shareholders' equity as of 30-September-14 2,700 100 Volumetraded (shr.mil.) Monthly Top Movers and Most Active Stocks ValueTRW Index KAMCO 2,650 2,600 0 Close Change Percent Jul-14 Oct-14 Jan-15 Apr-14 Jun-14 Feb-14 Feb-15 Sep-14 Mar-14 Dec-14 Aug-14 Nov-14 Best Return Performers May-14 (KWD) (KWD) Change STRATEGIA 0.074 0.015 25.4% Market Trading Data and Volatility Real Estate Asset Management Co. 0.122 0.020 19.6% Kuwait & M.E. Financial Investment 0.047 0.008 19.2% Trading Indicators Monthly Monthly Monthly Average Daily kuwait Telecommunication Co. 0.820 0.130 18.8% Value Chg % Chg YTD 2015 YTD 2014 United Poultry Co. 0.208 0.032 18.2% Volume (Shrs Mn) 3,932 (1518) (27.9%) 253.6 350.7 Value Traded (KWD Mn) 460 (41) (8.2%) 26.0 34.8 Close Change Percent No. of Trades 96,445 (29,949) (23.7%) 6,023 6,591 Worst Return Performers (KWD) (KWD) Change Al Mudon International Real Estate Co. 0.072 (0.040) (35.7%) Market Volatility** Volatility Since January: Palms Agro Production Co. 0.100 (0.030) (23.1%) 2014 2013 2012 2011 2010 Al Madar Finance & Investment Co. 0.021 (0.006) (22.2%) KAMCO TRW Index 6.9% 6.2% 5.9% 7.0% 7.7% Jeeran Holding Co.* 0.053 (0.008) (13.1%) KSE Price Index 10.3% 11.1% 10.2% 9.9% 9.8% Wethaq Insurance Co. 0.054 (0.007) (11.5%) KSE Weighted Index 10.2% 9.0% 8.6% 9.9% 10.8% **: Annualized Standard Deviation of Daily Returns Close Change Volume Close Change Value Most Active Stocks By Volume Monthly Most Active By Value (KWD) (KWD) (Shares) (KWD) (KWD) (KWD) Gulf Finance House 0.024 0.001 548,270,513 kuwait Telecommunication Co. 0.820 0.130 61,664,077 National Ranges Co. 0.035 0.002 331,305,186 Zain 0.580 0.060 41,578,298 Investors Holding Group Co. 0.035 0.002 215,518,689 Kuwait Finance House 0.770 0.000 27,811,421 Abyaar Real Estate Development Co. 0.032 (0.001) 119,572,342 National Bank of Kuwait 0.940 0.040 24,769,398 Al Dar National Real Estate Co. 0.023 (0.002) 117,843,192 Gulf Finance House 0.024 0.001 13,236,663 Source: KAMCO Research & Kuwait Stock Exchange Page 2 KAMCO Research MENA Monthly Databank KUWAIT 15 INDEX Monthly Databank February-2015 Closing Price Market Capitalization Valuation Multiples Monthly Trading Indicators YTD-15 Monthly Weight in Weight in Turnover Value Kuwait 15 Index Constituents KWD KWD Mn P/E (X) P/BV (X) Yield Beta ROE Price Return Kuwait 15 KSE (Mn Shrs) (KWD Mn) Return ▲ National Bank of Kuwait 0.940 4.44% 4,512 24.7% 14.6% 18.5 1.74 3.1% 1.48 9.4% 3.3% 27.4 24.8 ═ Kuwait Finance House 0.770 0.00% 3,336 18.3% 10.8% 28.5 1.89 1.9% 1.52 6.6% 6.9% 35.7 27.8 ▲ Zain 0.580 11.54% 2,506 13.7% 8.1% 11.8 1.56 6.2% 1.63 13.2% 17.0% 75.2 41.6 ▲ Kuwait Food Co. (Americana) 2.980 9.56% 1,198 6.6% 3.9% 21.4 3.39 2.8% 0.82 15.9% 6.4% 2.0 5.8 ▲ Kuwait Projects Co.