KIC INVESTMENT RESEARCH

Dubai Financial Market Daily Bulletin Wednesday, July 29, 2020

DFM General Index Return v.s. Value Traded (2015-to date) DFM Sectors' Return & Valuations

4,500 Value Traded (AED Mln) RHS DFM General Index- LHS 3,500 Market Cap. YTD-2020 P/E Ratio P/BV Ratio Dividend 4,250 (AED Mln) % Chg (X) (X) Yield (%) 4,000 3,000 Dubai Financial Market 291,296 (21.87%) 7.4 0.83 3.69% 3,750 Banking 154,441 (24.9%) 6.4 0.93 4.29% 3,500 2,500 Consumer Staples 3,103 (6.3%) NM 0.75 2.32% 3,250 Financial Services 13,729 (10.1%) 33.3 0.60 4.55% 3,000 2,000 Industrial 4,927 (4.2%) 7.8 0.87 4.21% 2,750 Insurance 4,963 (2.0%) 5.5 0.52 5.25% 2,500 1,500 Real Estate 55,942 (29.9%) 5.7 0.53 0.00% 2,250 Services 7,984 3.8% 15.2 0.99 4.26% 2,000 1,000 1,750 Telecom 23,134 (8.8%) 13.3 2.57 6.66% 1,500 500 Transportation 23,073 (10.3%) 10.4 1.10 4.60%

1,250 Sectors' YTD Return is based on the Change in market cap. and it might not conform with the benchmark return for each sector 1,000 - Market Breadth 9 20 33

Top 10 Largest Stocks by Market Capitalization Market Return & Capitalization

Market Cap. P/E Ratio P/BV Ratio Closing DTD DTD M-T-D YTD-2020 Market Return (AED Mln) (X) (X) Value Chg % Chg % Chg % Chg EMIRATESNBD - Emirates NBD PJSC 55,839 3.9 0.68 DFM General Index 2,050.77 (14.53) (0.70%) (0.703%) (25.83%)

EIB - Emirates Islamic Bank PJSC 42,520 40.1 5.12 Market Cap (AED Mln) 291,296 (1,683) (0.57%) (0.20%) (21.87%) DIB - Dubai Islamic Bank 27,298 5.4 0.85 Market Cap Weight By Sector DU - Emirate Integrated 23,027 13.3 2.66 Services Industrial Telecommunications Company PJSC 2.7% 1.7% EMAAR - Emaar Properties PJSC 18,401 3.0 0.34 Real Estate 19.2% Telecom Insurance 7.9% EMAARMALLS - EMAAR MALLS PJSC 17,309 7.6 0.94 1.7% AGLTY - Agility The Public Warehousing 12,408 11.9 1.02 Financial Services Transportation Company (K.S.C.) 4.7% 7.9% MASQ - Mashreqbank PSc 12,072 5.8 0.56

CBD - Commercial Bank of Dubai P.S.C. Consumer Staples 10,090 7.2 0.99 1.1% EMAARDEV - EMAAR DEVELOPMENT 8,280 3.1 0.86 Banking P.J.S.C. 53.0% Top 10 Stocks 227,242

Today's Top Movers Year-to-Date Top Movers

Price Value Daily Price Price YTD-2020 Capital P/E Ratio Daily GAINERS YTD-2020 GAINERS (AED) (AED 000) Return (AED) Price Return Turnover (X) AMLAK - Amlak Finance P.J.S.C 0.34 2,517 3.37% GULFA - Gulfa Mineral Water & Processing Industries16.85 Co. PLC 188.4% 83.58% NM DARTAKAFUL - Dar Al Takaful 0.63 1,190 2.61% SHUAA - SHUAA Capital psc 0.55 51.4% 39.0% 29.8 AAN - Aan Digital Services Holding Co. 0.12 282 2.50% DARTAKAFUL - Dar Al Takaful 0.63 22.3% 144.9% 19.3 SALAMA - Islamic Arab Insurance Company 0.60 31,635 1.86% DAMAC - DAMAC PROPERTIES DUBAI CO PJSC 0.90 21.3% 36.2% NM AIRARABIA - Air Arabia PJSC 1.15 1,314 1.77% TAKAFUL-EM - Takaful Emarat (PSC) 1.44 9.9% 64.5% NM

Price Value Daily Price Price YTD-2020 Capital P/E Ratio Daily LOSERS YTD-2020 LOSERS (AED) (AED 000) Return (AED) Price Return Turnover (X) ARTC - Arabtec Holding PJSC 1.27 114,208 (4.51%) EMAARDEV - EMAAR DEVELOPMENT P.J.S.C. 2.07 (47.2%) 30.0% 3.1 EKTTITAB - Ekttitab Holding Company K.S.C.C 0.17 38 (4.47%) AJMANBANK - AJMAN BANK PJSC 0.59 (36.3%) 9.5% 14.7 - Arab Insurance Group P.S.C. 1.20 109 (4.00%) EMAAR - Emaar Properties PJSC 2.57 (36.1%) 60.0% 3.0 DXBE - DXB Entertainments (P.J.S.C.) 0.12 1,113 (3.91%) EMIRATESNBD - Emirates NBD PJSC 8.84 (32.0%) 16.0% 3.9 DAMAC - DAMAC PROPERTIES DUBAI CO PJSC 0.90 7,447 (3.43%) GFH - GFH Financial Group B.S.C. 0.58 (31.4%) 195.0% 7.2 YTD-2020 Price Return is based on % Change in the Company's Market Capitalization Top 10 Highest Dividend-Yielding Stocks Top 10 Lowest Price-to-Earnings Ratio (P/E) Stocks

Price Dividend Mkt Cap Price P/E Ratio P/BV Ratio Dividend Highest Dividend Yield Stocks Stocks Attractive by P/E Ratio (AED) Yield (AED Mln) (AED) (X) (X) Yield ORIENT - ORIENT Insurance PJSC 66.30 30.17% 332 EMAAR - Emaar Properties PJSC 2.57 3.0 0.34 0.00% DIB - Dubai Islamic Bank 3.77 9.27% 27,298 EMAARDEV - EMAAR DEVELOPMENT P.J.S.C. 2.07 3.1 0.86 0.00% ALLIANCE - Alliance Insurance 383.50 9.13% 384 EMIRATESNBD - Emirates NBD PJSC 8.84 3.9 0.68 4.52% DIC - Dubai Investments PJSC 1.14 8.77% 4,847 ARIG - Arab Insurance Group P.S.C. 1.20 4.1 0.31 0.00% DIN - Dubai Insurance Co , PSC 4.20 8.33% 420 OIC - Oman Insurance Company (P.S.C.) 1.90 4.7 0.46 0.00% AIRARABIA - Air Arabia PJSC 1.15 7.83% 5,367 UFC - United Foods Company (PSC) 5.00 5.3 0.53 6.00% DRC - Dubai Refreshments Company P.S.C. 9.00 7.78% 810 AIRARABIA - Air Arabia PJSC 1.15 5.4 0.97 7.83% DNIR - Dubai National Insurance & Reinsurance 4.80 7.27% 554 DIB - Dubai Islamic Bank 3.77 5.4 0.85 9.27% DU - Emirate Integrated Telecommunications Company5.08 PJSC 6.69% 23,027 DIN - Dubai Insurance Co , PSC 4.20 5.6 0.78 8.33% UFC - United Foods Company (PSC) 5.00 6.00% 151 MASQ - Mashreqbank PSc 68.00 5.8 0.56 5.88% KIC INVESTMENT RESEARCH Dubai Financial Market Wednesday, July 29, 2020 Top 15 Companies By Market Capitalization- Returns & Valuations

Closing Price Market Cap Market Cap YTD-2020 Price P/E Ratio P/BV Ratio Dividend 1 Yr Capital Company Code Beta (AED) (AED Mln) (USD Mln) Return % (X) (X) Yield (%) Turnover (%)

EMIRATESNBD 8.84 55,839 15,198 (32.0%) 3.85 0.68 0.92 4.52% 16.0% EIB 7.83 42,520 11,573 (21.6%) 40.07 5.12 NA 0.00% 0.001% DIB 3.77 27,298 7,430 (24.8%) 5.44 0.85 0.97 9.27% 35.3% DU 5.08 23,027 6,268 (8.7%) 13.30 2.66 0.52 6.69% 3.5% EMAAR 2.57 18,401 5,008 (36.1%) 2.97 0.34 1.37 0.00% 60.0% EMAARMALLS 1.33 17,309 4,711 (27.3%) 7.57 0.94 0.90 0.00% 19.8% AGILITY 6.12 12,408 3,377 (0.03%) 11.89 1.02 NA 3.23% 0.0% MASQ 68.00 12,072 3,286 (3.3%) 5.85 0.56 0.10 5.88% 1.2% CBD 3.60 10,090 2,746 (10.0%) 7.21 0.99 0.07 5.75% 2.4% EMAARDEV 2.07 8,280 2,254 (47.2%) 3.07 0.86 1.09 0.00% 30.0% DFM 0.81 6,480 1,764 (16.5%) 53.73 0.82 1.33 3.09% 24.9% DAMAC 0.90 5,451 1,484 21.3% NM 0.39 1.31 0.00% 36.2% TABREED 2.00 5,431 1,478 4.2% 11.49 1.10 0.71 5.25% 12.8% AIRARABIA 1.15 5,367 1,461 (28.6%) 5.42 0.97 0.65 7.83% 67.4% DIC 1.14 4,847 1,319 (12.3%) 7.37 0.40 1.21 8.77% 46.8% KIC INVESTMENT RESEARCH Dubai Financial Market Daily Bulletin Wednesday, July 29, 2020

YTD- Capital 52 Weeks 52 Weeks Closing DTD Price 2020 Today Value Current Market Current Market Market Sector P/E Ratio P/BV Dividend Company Name Ticker Turnover High Low ROE Price % Return Price % Traded (AED) Cap. ('000 AED) Cap ('000 USD) Weight Weight (X) Ratio (X) Yield since 2019 (AED) (AED) (AED) Return AJMANBANK 0.59 0.00% (36.3%) 9.5% 473,600 1,243,200 338,374 0.4% 0.8% 14.7 0.49 5.91% 0.98 0.50 3.4% مصرف عجما نAjman Bank =

ALSALAMSUDAN 1.26 0.00% 0.0% 22% 0 152,807 41,591 0.1% 0.1% 29.5 0.71 0.00% 1.59 1.00 2.4% مصرف السالم - السودا نAl Salam Bank - Sudan =

AMLAK 0.34 3.37% (29.5%) 181.3% 2,516,612 505,500 137,587 0.2% 0.3% NM 0.72 0.00% 0.64 0.21 NM امالك للتموي لAmlak Finance ▲

CBD 3.60 0.00% (10.0%) 2.4% 0 10,089,842 2,746,253 3.5% 6.5% 7.2 0.99 5.75% 4.94 3.35 13.7% بنك دبي التجار يCommercial Bank of Dubai =

DIB 3.77 (0.79%) (24.8%) 35.3% 13,919,460 27,297,606 7,429,862 9.4% 17.7% 5.4 0.85 9.27% 5.86 3.10 15.7% بنك دبي االسالم يDubai Islamic Bank ▼

EIB 7.83 0.00% (21.6%) 0.0% 0 42,520,204 11,573,149 14.6% 27.5% 40.1 5.12 0.00% 10.00 7.83 12.8% مصرف االمارات االسالم يEMIRATES ISLAMIC BANK =

EIBANK 400.00 0.00% 0.0% 0.0% 0 280,000 76,210 0.1% 0.2% 31.6 0.57 0.00% - - 1.8% بنك اال مارات لال ستثما رEMIRATES INVESTMENT BANK =

EMIRATESNBD 8.84 (0.34%) (32.0%) 16.0% 9,971,235 55,838,729 15,198,185 19.2% 36.2% 3.9 0.68 4.52% 14.45 6.33 17.8% االمارات دبى الوطن يEmirates National Bank of Dubai ▼

Gulf Finance Group B.S.C GFH 0.58 (1.03%) (31.4%) 195% 16,842,603 2,120,631 577,193 0.7% 1.4% 7.2 0.57 5.80% 0.97 0.45 8.0% مجموعه جي اف اتش الماليه ش .م.ب . ▼

ITHMR 0.12 0.83% (27.1%) 34% 88,188 366,721 99,814 0.1% 0.2% NM 1.05 0.00% 0.31 0.09 0.7% االثمار القابضة ش.م. بIthmaar Holding B.S.C ▲

KHCB 0.39 0.00% (2.5%) 2% 0 409,500 111,458 0.1% 0.3% NM 0.50 0.00% 0.72 0.31 NM المصرف الخليجي التجاري ش.م. بKhaleeji Commercial Bank B.S.C. =

MASQ 68.00 1.64% (3.3%) 1.2% 9,860 12,072,096 3,285,783 4.1% 7.8% 5.8 0.56 5.88% 86.80 62.00 9.6% بنك المشر قMashreqbank ▲

SALAM_BH 0.67 (2.05%) (29.5%) 32% 604,697 1,544,014 420,250 0.5% 1.0% 7.6 0.51 5.78% 0.96 0.58 6.7% مصرف السالم - البحري نAL SALAM- BANK ▼ %14.6 %4.29 0.93 6.4 %100.0 %53.0 42,035,710 154,440,850 44,426,255 %43.5 (%24.9) (%0.2) قطاع البنوك Banking Sector ▼

DRC 9.00 0.00% (20.0%) 1.1% 0 810,000 220,466 0.3% 26.1% 12.0 0.91 7.78% 11.70 8.02 7.6% دبي للمرطبا ت(Dubai Refreshments (PSC =

DUBAIPARKS 0.12 (3.91%) (30.9%) 58.7% 1,113,389 983,989 267,822 0.3% 31.7% NM 0.34 0.00% 0.24 0.09 NM دى اكس بي انترتينمنيس ش .م. ع(.DXB Entertainments (P.J.S.C ▼

ERC 2.43 0.00% (9.3%) 1.7% 0 72,900 19,842 0.0% 2.3% NM 2.79 0.00% 2.70 2.40 NM شركة االمارات للمرطبا تEmirates Refreshements company =

GULFA 16.85 0.00% 188.4% 83.6% 0 674,000 183,449 0.2% 21.7% NM 20.96 0.00% 19.95 3.81 NM شركة غلفا للمياة المعدني ةGULFA Mineral Water =

MARKA 0.28 0.00% 0.0% 0.0% 0 137,500 37,425 0.0% 4.4% NM NM 0.00% - - NM ماركه شركه مساهمه عام هMarka =

= United Foods Company (psc)United Foods Company (psc) UFC 5.00 0.00% 0.0% 0.2% 0 151,250 41,167 0.1% 4.9% 5.3 0.53 6.00% 5.00 4.95 10.1%

UNIKAI 8.44 0.00% 0.0% 0.0% 0 273,182 74,355 0.1% 8.8% NM 12.10 0.00% 8.44 8.44 2.3% يونيكاي لألغذية ش م عUnikai Foods PJSC = NM 0.75 2.32% NM %100.0 %1.1 844,526 3,102,821 1,113,389 %54.2 (%6.3) (%1.3) قطاع السلع اإلستهالكية Consumer Staples Sector ▼

ALMADINA 0.14 (0.73%) (22.3%) 34% 138,295 55,361 15,068 0.0% 0.4% NM 0.25 0.00% 0.27 0.11 NM المدينة للتمويل واالستثما رAl-Madina for Finance & Investment ▼

%0.9 0.59 0.98 %0.00 0.67 79.1 %2.3 %0.1 87,710 322,251 0 %15 (%7.1) %0.00 0.59 الرمز كورALRAMZبوريشن ل ستثمار والتطوير ش.م. عAlRamz Corp.Investment and Develop.PJSC =

ALSALAMKW 0.26 0.00% (27.1%) 185.8% 0 68,758 18,715 0.0% 0.5% NM 0.18 0.00% 0.58 0.19 0.1% مجموعة السال م القابض ةAl Salam Holding Company =

DFM 0.81 (2.64%) (16.5%) 24.9% 6,918,490 6,480,000 1,763,726 2.2% 47.2% 53.7 0.82 3.09% 1.00 0.50 1.5% شركة سوق دبي المال ىDubai Financial Market PJSC ▼

DIC 1.14 (0.87%) (12.3%) 47% 1,594,658 4,847,302 1,319,339 1.7% 35.3% 7.4 0.40 8.77% 1.43 0.98 5.5% دبي لالستثما رDubai Investment ▼

EKTTITAB 0.17 (4.47%) 5.6% 54% 37,640 54,485 14,830 0.0% 0.4% NM 0.27 0.00% 0.24 0.12 NM اكتتاب القابض ةEkttitab Holding Company K.S.C.C. ▼

GGICO 0.12 0.00% 0.0% 3% 0 213,169 58,020 0.1% 1.6% NM 1.49 0.00% - - NM الشركة الخليجية لالستثمارات العام ةGULF GENERAL INVESTMENT CO. =

IFA 1.10 0.00% 0.0% 1.0% 0 293,406 79,859 0.1% 2.1% NM 0.85 0.00% 1.10 0.25 NM شركة االسثشارات المالية الدولي ةInternational Financial Advisors =

SHUAA Capital SHUAA 0.55 (2.31%) 51.4% 39.0% 1,040,869 1,394,646 379,595 0.5% 10.2% 29.8 0.95 0.00% 1.04 0.40 3.2% شعاع كابيتال )ش م ع) ▼ %1.8 %4.55 0.60 33.3 %100.0 %4.7 3,736,862 13,729,377 9,729,952 %32.2 (%10.1) (%1.8) قطاع اإلستثمار والخدمات المالية Financial Services Sector ▼

NCC 2.39 0.00% 0.0% 1.3% 0 857,532 233,403 0.3% 17.4% 11.6 0.60 4.18% 2.60 2.16 5.2% شركة االسمنت الوطني ةNational Cement Company .p.s.c =

NIND 2.85 0.00% (5.0%) 0.0% 0 4,069,360 1,107,598 1.4% 82.6% 7.3 0.96 4.22% 3.00 2.61 13.1% مجموعة الصناعات الوطنية القابض ةNational Industries Group Holdings = %11.1 %4.21 0.87 7.8 %100.0 %1.7 1,341,002 4,926,892 - %0.3 (%4.2) %0.0 قطاع الصناعة Industrial Sector = KIC INVESTMENT RESEARCH Dubai Financial Market Daily Bulletin Wednesday, July 29, 2020

YTD- Capital 52 Weeks 52 Weeks Closing DTD Price 2020 Today Value Current Market Current Market Market Sector P/E Ratio P/BV Dividend Company Name Ticker Turnover High Low ROE Price % Return Price % Traded (AED) Cap. ('000 AED) Cap ('000 USD) Weight Weight (X) Ratio (X) Yield since 2019 (AED) (AED) (AED) Return ALLIANCE 383.50 0.00% 0.0% 0.0% 0 383,500 104,381 0.1% 7.7% 7.8 0.74 9.13% - - 9.6% الالينس للتأمي نAlliance Insurance = AMAN 0.42 0.00% 0.7% 159% 576,034 95,718 26,053 0.0% 1.9% 10.9 1.29 0.00% 0.50 0.30 11.8%شركة دبي االسالمية للتامين واعادةالتامي نDubai Islamic Insurance & Reinsurance Co = Arab Insurance Group (Aarig) ARIG 1.20 (4.00%) 0.0% 0.6% 109,213 264,000 71,856 0.1% 5.3% 4.1 0.31 0.00% 1.25 1.08 7.7% المجموعة العربية للتامين )اريج) ▼ ASCANA 1.85 0.00% 0.0% 0.7% 0 284,900 77,544 0.1% 5.7% NM 0.99 0.00% 2.43 1.85 NM الشركة العربية اال سكندنافية للتامي نArabian Scandinavian Insurance Company = ASNIC 1.67 0.00% 0.0% 0.0% 0 384,100 104,544 0.1% 7.7% 80.0 1.08 0.00% - - 1.3% شركة الصقر الوطنية للتامي نAl Sagr National Insurance Company = DARTAKAFUL 0.63 2.61% 22.3% 145% 1,189,537 94,500 25,721 0.0% 1.9% 19.3 0.74 0.00% 0.67 0.41 3.8% دار التكاف لTAKAFUL HOUSE ▲ DIN 4.20 0.00% 5.0% 1.5% 0 420,000 114,316 0.1% 8.5% 5.6 0.78 8.33% 4.20 4.00 14.0% شركة دبي للتامي نDubai Insurance = DNIR 4.80 0.00% 4.3% 14.9% 0 554,400 150,897 0.2% 11.2% 9.5 0.97 7.27% 5.00 3.80 10.2% دبي الوطنية للتامين واعادة التامي نDubai National Insurance & Reinsurance = NGI 2.20 0.00% 0.0% 0.1% 0 329,899 89,792 0.1% 6.6% 18.9 0.72 4.55% 2.30 2.10 3.8% الشركة الوطنية للتامينات العام ةNational General Insurance = OIC 1.90 0.00% (17.4%) 0.6% 0 877,557 238,853 0.3% 17.7% 4.7 0.46 0.00% 2.58 1.72 9.9% شركة عمان للتامين المساهمة العام ةOman Insurance Company = ORIENT 66.30 0.00% 0.0% 0.0% 0 331,500 90,228 0.1% 6.7% 0.8 0.11 30.17% - - 13.4% شركه اورينت للتأمين ش.م. عOrient Insurance PJSC = Islamic Arabic Insurance Company SALAMA 0.60 1.86% 0.2% 340% 31,635,453 727,210 197,932 0.2% 14.7% 13.2 0.94 4.83% 0.71 0.30 7.1% الشركةاالسالمية العربية للتأمين)سالمه) ▲ TAKAFUL-EM 1.44 1.41% 9.9% 65% 37,760 216,000 58,791 0.1% 4.4% NM 1.82 0.00% 1.46 0.97 NM تكافل اال مارا تTakaful Emarat ▲ %9.3 %5.25 0.52 5.5 %100.0 %1.7 1,350,907 4,963,284 33,547,997 %151.7 (%2.0) %0.2 قطاع التأمين Insurance - Sector ▲ ARTC 1.27 (4.51%) (1.6%) 159% 114,207,648 1,905,000 518,503 0.7% 3.4% NM 1.60 0.00% 2.05 0.44 NM شركة ارابتك القابض ةArabtec Holding Company ▼ DAMAC 0.90 (3.43%) 21.3% 36% 7,447,432 5,451,050 1,483,667 1.9% 9.7% NM 0.39 0.00% 1.05 0.37 NM داماك العقاريه دبي ش ,م, عDAMAC Properties Dubai CO PJSC ▼ DEYAAR 0.28 (1.08%) (26.7%) 103% 3,030,135 1,588,950 432,480 0.5% 2.8% 22.2 0.35 0.00% 0.43 0.19 1.6% ديار للتطوي رDEYAAR ▼ DSI 0.37 0.00% 0.0% 0% 0 396,265 107,856 0.1% 0.7% NM 6.70 0.00% - - NM دريك آند سكل انترناشيونا لDrake & Scull International = EMAAR 2.57 (0.77%) (36.1%) 60.0% 24,672,902 18,400,529 5,008,256 6.3% 32.9% 3.0 0.34 0.00% 5.53 1.90 11.4% اعمار العقاري ةEMAAR Properties ▼ Emaar Development PJSC EMAARDEV 2.07 (0.96%) (47.2%) 30.0% 4,833,873 8,280,000 2,253,650 2.8% 14.8% 3.1 0.86 0.00% 4.91 1.79 28.1% اعمار للتطوير )ش.م.ع) ▼

EMAARMALLS 1.33 (2.21%) (27.3%) 19.8% 20,642,445 17,308,620 4,711,060 5.9% 30.9% 7.6 0.94 0.00% 2.17 0.98 12.4% اعمار مولز ش ,م, عEMAAR MALLS PJSC ▼

MAZAYA 2.00 0.00% 0.0% 0.0% 0 1,376,558 374,672 0.5% 2.5% NM 1.23 0.00% - - NM شركة المزايا القابض ةAl Mazaya Holding Company =

UPP 0.29 0.00% 5.5% 329% 9,351,623 1,235,387 336,248 0.4% 2.2% NM 0.46 0.00% 0.39 0.15 NM االتحاد العقاري ةUnion Properties = %9.2 %0.00 0.53 5.7 %100.0 %19.2 15,226,391 55,942,360 184,186,057 %75.0 (%29.9) (%1.6) قطاع العقارات واإلنشاءات الهندسية Real Estate Sector ▼ Alfirdous Holding (P.J.S.C) ALFIRDOUS 0.70 0.00% 0.0% 0.0% 0 420,000 114,316 0.1% 5.3% NM 0.74 0.00% - - NM الفردوس القابضة )ش.م.ع) = AMANAT 0.85 (1.16%) 3.6% 69.8% 3,308,002 2,132,500 580,424 0.7% 26.7% 35.5 0.83 2.58% 1.00 0.56 2.3% شركه امانات القابضه ش ,م, عAMANAT HOLDINGS PJSC ▼ National General Cooling Company(TabreedTABREED 2.00 0.50% 4.2% 12.8% 5,309,540 5,431,058 1,478,225 1.9% 68.0% 11.5 1.10 5.25% 2.22 1.58 9.6% الشركة الوطنية للتبريدالمركزي)تبريد) ▲ %6.5 %4.26 0.99 15.2 %100.0 %2.7 2,172,965 7,983,558 8,617,542 %36.0 %3.8 %0.0 قطاع الخدمات Services Sector ▲ Emirate Integrated Telecommunications-du DU 5.08 (1.36%) (8.7%) 3.5% 427,353 23,027,162 6,267,533 7.9% 99.5% 13.3 2.66 6.69% 6.35 4.33 20.0% اال مارات لال تصاال ت المتكاملة -du ▼ AAN 0.12 2.50% (26.3%) 229.0% 282,042 107,298 29,204 0.0% 0.5% 33.6 0.31 0.00% 0.25 0.10 0.9% شركة ان ديجيتال سيرفيس القابضه-ش ,م,ك, عAan Digital Services Holding Co ▲ %19.3 %6.66 2.57 13.3 %100.0 %7.9 6,296,737 23,134,460 709,395 %39.9 (%8.8) (%1.34) قطاع اإلتصاالت Telecom Sector ▼ AGILITY 6.12 0.00% (0.0%) 0.0% 0 12,407,505 3,377,075 4.3% 53.8% 11.9 1.02 3.23% 6.12 5.33 8.6% اجيليت يAGILITY = AIRARABIA 1.15 1.77% (28.6%) 67.4% 1,314,395 5,366,705 1,460,710 1.8% 23.3% 5.4 0.97 7.83% 1.61 0.88 17.8% العربية للطيرا نAir Arabia ▲ ARMX 3.28 0.00% (8.1%) 64.8% 9,087,377 4,802,248 1,307,076 1.6% 20.8% 9.6 1.83 5.03% 4.47 2.00 19.1% ارامك سARAMEX PJSC = GULFNAV 0.49 (3.18%) (12.5%) 130% 275,068 496,355 135,098 0.2% 2.2% NM 0.84 0.00% 0.84 0.29 NM الخليج للمالحة القابض ةGulf Navigation Holding Pjsc ▼ %10.5 %4.60 1.10 10.4 %100.0 %7.9 6,279,958 23,072,813 10,676,840 %59.0 (%10.3) %0.3 قطاع النقل Transportation Sector ▲

%11.3 %3.69 0.83 7.4 %100.0 79,285,058 291,296,416 293,007,426 (%21.9) (%0.6) إجمالي سوق األسهم Shares Grand Total ▼ KIC INVESTMENT RESEARCH Dubai Financial Market Daily Bulletin Wednesday, July 29, 2020

YTD- Capital 52 Weeks 52 Weeks Closing DTD Price 2020 Today Value Current Market Current Market Market Sector P/E Ratio P/BV Dividend Company Name Ticker Turnover High Low ROE Price % Return Price % Traded (AED) Cap. ('000 AED) Cap ('000 USD) Weight Weight (X) Ratio (X) Yield since 2019 (AED) (AED) (AED) Return

Source: Dubai Financial Market Website

Notes: NM: Not Meaningful. NA: Not Available.

P/E for individual stocks is calculated based on the Current Closing Price and Earning Per Share (EPS) for the last 4 Quarters, while P/E for Sectors and Market is based on Current Market Capitalization and Net Profit for the last 4 Quarters. If calculated P/E is negative or greater than 80, it is represented by NM. ROE: Return On Equity is calculated based on Net Profit for the last 4 Quarters and Shareholders' Equity at the end of the latest Quarter.

P/BV for individual stocks is based on current prices and Book Value Per Share (BVS) as of 31.12.2019, while P/BV for the Sectors and Market is based on current market cap and shareholders’ equity as of 31.12.2019

Dividend Yield for individual stocks is based on current closing prices and Full Year 2019 Cash Dividend Per Share (DPS), while that of the Sectors and Market is based on market cap and total cash dividends distributed.

DTD: daily change in prices. YTD: Beginning of Year to Date. AED: Emirates Dirham. YTD-2020 Return for individual stocks, sectors and market is based on the change in market capitalization.

Disclaimer: This document and material contained herewith have been produced, complied, and issued by Kuwait Investment Company- KIC (K.P.S.C.). The Company has obtained the information used in this document from sources it believes to be reliable, but the issuer does not guarantee, neither its accuracy nor completeness, nor provides an independent verification of the material contained therein. KIC may, from time to time to the extent permitted by law, participate or invest in other financing transactions with the issuers of the securities, perform services for or solicit business from such issuer and/or have a position or effect transactions in the securities or options thereof. KIC may, to extent permitted by the applicable Kuwaiti Law or other applicable laws and regulations, effect transactions in the securities before this material is published to recipients. The opinions and estimates expressed herein are those of the issuer and subject to change at any time without any prior notice. Accordingly, no representation or warranty, expressed or implied, is made as to and no reliance should be placed on the fairness, accuracy, completeness or correctness of the information and opinions contained in this document. KIC accepts no liability for any loss arising from the use of this document or its contents or otherwise arising in connection therewith. This document should not relied upon or used in substitution for the exercise of sound judgment. KIC shall have no responsibility or liability whatsoever in respect of any inaccuracy in or omission from this or any other document prepared by KIC for, or sent by KIC to any entity, and any such entity shall be responsible for conducting its own scrutiny, investigation, and analysis of the information contained or referred to in this document and of evaluating the merits and risks involved in the securities forming the subject matter of this or other such document.

Opinions and estimates constitute KIC’s judgment and are subject to change without prior notice. Past performance is not an indicator of future results. This document does not constitute an offer or invitation to subscribe for or purchase any securities, and neither this document nor anything contained herein shall form the basis of any contract or commitment whatsoever. This document is not an offer to sell or a solicitation to buy any securities. It is being furnished to the reader solely for his/her information and may not to be redistributed inside Kuwait or by any jurisdiction outside Kuwait where this action is restricted by law. Entities who receive this report should make themselves aware of and adhere to any such restrictions. By accepting receipt of this report, the reader agrees to be bound by the foregoing limitations.

© Kuwait Investment Company