MONTHLY TRADING BULLETIN February 2020 2020

February فبراير MONTHLY TRADING BULLETIN February 2020 2020

Market Performance

The Bahrain All Share Index ended the month on a positive note compared to last 1660.48 month, closing at 1,660.48. Therefore, increasing on a MoM basis by 0.17%. 0.17% 10.45 %0.17 Market capitalization surged by 0.17% at the end of the current month to reach approximately BHD 10.45bn. The market had 20 advancers and 7 decliners while the 17 7 20 prices of 17 companies remained unchanged. Moreover, the value of shares traded % 2.6 decreased by 2.6% to reach BHD 16.49mn. The volume of shares increased by 20.29% % 20.29 16.49 to reach 70.84 mn shares, while the number of trades increased by 12.19% to reach , % 1,546 trades. 1 546 12.19 70.84

Most of the trading was concentrated in the Commercial Banks sector, which witnessed 7.55 BHD 7.55 mn of trading value, capturing 45.78% of the total value of shares traded on %45.78 Bahrain Bourse.

Bahrain All Share Index Monthly Performance (Points)

1,670.00 1,668.00 1,666.00 1,664.00 1,662.00 1,660.48 1,660.00 1,658.00 1,659.66 1,656.00 1,654.00 1,652.00 1,650.00 2 3 4 5 6 9 10 11 12 13 16 17 18 19 20 23 24 25 26 27

1 MONTHLY TRADING BULLETIN February 2020

Bahrain Bourse Indices

% % Index Index (Current Month) Change (Points) MOM Change (%) YTD Change (%) (Previous Month) Bahrain All Share Index 1,660.48 1,657.63 2.85 0.17 3.12

Bahrain Islamic Index 759.15 745.64 13.51 1.81 -0.12

Daily Trading Averages

Current Month Previous Month Change Change (%)

Total Trading Days 20 21 -1 -4.76 Average Value of Shares (BD) 824,709 806,364 18,344 2.27 Average Volume of Shares 3,542,142 2,804,425 737,718 26.31 Average no. of transactions 77 66 12 17.80

Trading Summary Market Breadth Market Capitalization (BD) 10,454,547,168 Advancers 20 Market Capitalization (US $) 27,730,894,344 Decliners 7 Value of Shares Traded (BD) 16,494,177 Unchanged 17 Volume of Shares Traded 70,842,846 IPO 0 Number of Transactions 1,546 Total Companies 44

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Market at a Glance Most Active Companies

In Terms of Value In Terms of Volume

% From Total % From Total Company Value (BD) Company Volume Market Market AUB 5,754,540 34.89 GFH 25,676,563 36.24 BATELCO 2,549,012 15.45 AUB 13,970,321 19.72 GFH 2,271,968 13.77 SALAM 7,905,053 11.16 ALBH 1,114,506 6.76 BATELCO 6,424,131 9.07 SALAM 797,557 4.84 SEEF 2,678,167 3.78 Total 12,487,583 75.71 Total 56,654,235 79.97

Top Advancers & Top Decliners (%) %

0.40 33.33% 0.30

0.20 10.00% 10.71% 10.13% 8.53% 0.10

0.00

(0.10) -4.17% -4.23% -5.41% -7.59% (0.20)

(0.30) -32.20% (0.40) KHCB ARIG APMTB UPI BBK BISB AUB CINECO BARKA NHOTEL

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Market Capitalization All other local companies Largest 5 Companies in Terms of Market Capitalization 34.43% AUB 33.70% Market Capitalization Company % From Total Market (BHD) ALBH AUB 3,522,983,251 33.70 6.02% NBB 1,214,991,408 11.62 BBK 824,823,150 7.89 BATELCO 663,616,800 6.35 NBB 11.62% ALBH 629,060,000 6.02 BATELCO BBK Total 6,855,474,609 65.57 6.35% 7.89%

Daily Data

2,000 8,000 Volume 1,750 Value 1,500 6,000 1,250

4,000 1,000 Thousands

Thousands 750 2,000 500 250 0 0 2 3 4 5 6 9 10 11 12 13 16 17 18 19 20 23 24 25 26 27 2 3 4 5 6 9 10 11 12 13 16 17 18 19 20 23 24 25 26 27

4 MONTHLY TRADING BULLETIN February 2020

Bahrain Bourse Daily Data for the Month .

Trading Dates Bahrain All Share Index Volume of Shares Traded Value of Shares Traded No. of Transactions 02/02/2020 1,659.66 1,924,185 472,793 43 03/02/2020 1,662.50 2,654,560 689,444 57 04/02/2020 1,663.54 3,555,276 610,630 68 05/02/2020 1,654.99 2,160,070 758,238 37 06/02/2020 1,656.04 3,554,865 651,967 74 09/02/2020 1,658.58 7,004,323 2,109,621 112 10/02/2020 1,660.01 1,948,205 447,793 60 11/02/2020 1,662.92 2,323,368 665,153 51 12/02/2020 1,661.73 5,773,165 870,413 75 13/02/2020 1,662.57 3,442,135 881,426 85 16/02/2020 1,661.87 2,963,281 840,852 117 17/02/2020 1,662.79 3,288,365 662,356 82 18/02/2020 1,659.98 4,907,669 939,380 97 19/02/2020 1,664.18 3,694,303 741,691 87 20/02/2020 1,668.58 4,428,366 1,114,528 106 23/02/2020 1,668.66 4,066,257 1,115,678 82 24/02/2020 1,660.36 3,611,543 748,350 91 25/02/2020 1,660.44 3,246,346 507,307 70 26/02/2020 1,662.30 2,664,499 732,350 68 27/02/2020 1,660.48 3,632,065 934,207 84

Total 70,842,846 16,494,177 1,546

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Trading by Nationality

Volume Value Other Nationalities Bahraini جنسيات أخرى Other بحريني Nationalities 27.91% %72.09 جنسيات أخرى 20.80% Bahraini بحريني 79.20%

Sectors at a Glance

Indices (Points)

% % Sectors Current Month Previous Month MOM Change (points) (%) MOM Change (%) YTD Change Commercial Banks 4,115.62 4,111.32 4.30 0.10 48.59 Investment 702.94 703.61 (0.67) (0.10) 4.94 Insurance 1,539.23 1,483.91 55.32 3.73 (4.98) Services 1,482.97 1,451.02 31.95 2.20 21.93 Industrial 713.25 725.82 (12.57) (1.73) (25.77) Hotels & Tourism 2,201.05 2,343.98 (142.93) (6.10) (17.80)

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Market Capitalization (BD)

% Sectors % Weight from Current Current Month Previous Month (%) MOM Change Month (%) Commercial Banks 6,013,068,690 6,006,790,935 0.10 57.52 Investment 2,232,962,415 2,235,085,604 (0.09) 21.36 Insurance 148,905,025 143,552,700 3.73 1.42 Services 1,291,606,497 1,263,775,318 2.20 12.35 Industrial 644,744,951 656,104,951 (1.73) 6.17 Hotels & Tourism 123,259,588 131,263,738 (6.10) 1.18 Total Market 10,454,547,168 10,436,573,247 0.17 100

Trading Value (BD) % % Sectors Weight from Current Current Month Previous Month (%) MOM Change Month (%) Commercial Banks 7,550,869 10,115,505 (25.35) 45.78 Investment 2,958,218 2,086,760 41.76 17.93 Insurance 365,679 37,437 876.79 2.22 Services 4,355,684 2,275,300 91.43 26.41 Industrial 1,115,504 2,401,407 (53.55) 6.76 Hotels & Tourism 82,223 17,245 376.79 0.50 Non-Bahraini 0 0 0.00 0.00 Closed 66,000 0 NM 0.40 Total Market 16,494,177 16,933,654 (2.60) 100

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Trading Volume (Shares)

% Sectors % Weight from Current Current Month Previous Month (%) MOM Change Month (%) Commercial Banks 26,323,561 32,562,376 (19.16) 37.16 Investment 28,601,440 13,616,505 110.05 40.37 Insurance 1,546,798 114,727 1,248.24 2.18 Services 11,382,689 6,949,269 63.80 16.07 Industrial 2,495,927 5,502,397 (54.64) 3.52 Hotels & Tourism 292,431 147,643 98.07 0.41 Non-Bahraini 0 0 0.00 0.00 Closed 200,000 0 NM 0.28 Total Market 70,842,846 58,892,917 20.29 100

Number of Transactions

% % Sectors Weight from Current Current Month Previous Month (%) MOM Change Month (%) Commercial Banks 633 647 (2.16) 40.94 Investment 289 158 82.91 18.69 Insurance 22 18 22.22 1.42 Services 515 428 20.33 33.31 Industrial 68 116 (41.38) 4.40 Hotels & Tourism 17 11 54.55 1.10 Non-Bahraini 0 0 0.00 0.00 Closed 2 0 NM 0.13 Total Market 1,546 1,378 12.19 100

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Monthly Trading Activity

SYMBOL COMPANY Total Volume Total Value of No. of No. of of Shares Closing Price Change MoM Par Value High Low Shares Traded Transactions Trading Days Traded

AUB Ahli United Bank 13,970,321 5,754,540 206 $1.065 (0.047) $0.250 $1.116 $1.060 20 SALAM Al Salam Bank 7,905,053 797,557 207 BHD 0.101 0.001 BHD 0.100 BHD 0.103 BHD 0.099 20 BISB Bahrain Islamic Bank 38,000 4,385 5 BHD 0.115 (0.005) BHD 0.100 BHD 0.115 BHD 0.115 5 BBK BBK 895,330 553,940 89 BHD 0.636 0.050 BHD 0.100 BHD 0.638 BHD 0.588 18 ITHMR Ithmaar Holding B.S.C. 641,000 10,939 7 $0.047 0.002 $0.250 $0.047 $0.043 5 KHCB Khaleeji Commercial Bank 2,435,819 102,411 76 BHD 0.048 0.012 BHD 0.100 BHD 0.055 BHD 0.034 15 NBB National Bank of Bahrain 438,038 327,097 43 BHD 0.785 0.055 BHD 0.100 BHD 0.785 BHD 0.730 14 Commercial Banks Sector 26,323,561 7,550,869 633 BARKA Al Baraka Banking Group 1,310,389 155,444 80 $0.292 (0.024) $1.000 $0.329 $0.290 14 ABC Arab Banking Corporation 1,149,185 204,066 26 $0.472 0.002 $1.000 $0.472 $0.470 9 BCFC Bahrain Commercial Facilities Co. 379,981 311,472 30 BHD 0.828 0.008 BHD 0.100 BHD 0.828 BHD 0.812 12 BMB Bahrain Middle East Bank 0 0 0 $0.043 0.000 $0.250 - - 0 ESTERAD Esterad Investment Co. 85,322 15,269 5 BHD 0.185 0.007 BHD 0.100 BHD 0.185 BHD 0.175 4 GFH GFH Financial Group 25,676,563 2,271,968 148 $0.230 0.003 $0.265 $0.243 $0.225 20 INOVEST INOVEST 0 0 0 $0.235 0.000 $0.400 - - 0 INVCORP Investcorp Holding 0 0 0 $11.200 0.000 $2.500 - - 0 TAIB Taib Bank 0 0 0 $2.740 0.000 $1.000 - - 0 UGH United Gulf Holding Company 0 0 0 $1.240 0.000 $0.500 - - 0 UGIC United Gulf Investment Co. 0 0 0 BHD 0.100 0.000 BHD 0.100 - - 0 Investment Sector 28,601,440 2,958,218 289

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SYMBOL COMPANY Total Volume Total Value of No. of No. of of Shares Closing Price Change MoM Par Value High Low Shares Traded Transactions Trading Days Traded

SOLID Solidarity Bahrain 9,095 2,046 1 BHD 0.225 0.005 BHD 0.100 BHD 0.225 BHD 0.225 1 ARIG Arab Insurance Group 709,054 82,028 8 $0.310 0.030 $1.000 $0.310 $0.290 7 BKIC Bahrain Kuwait Insurance Co. 801,572 272,534 8 BHD 0.340 0.020 BHD 0.100 BHD 0.340 BHD 0.340 3 BNH Bahrain National Holding 27,077 9,071 5 BHD 0.335 (0.005) BHD 0.100 BHD 0.335 BHD 0.335 2 TAKAFUL Takaful International Co. 0 0 0 BHD 0.090 0.000 BHD 0.100 - - 0 Insurance Sector 1,546,798 365,679 22 APMTB APM Terminals Bahrain B.S.C. 500,501 697,547 57 BHD 1.435 0.132 BHD 0.100 BHD 1.435 BHD 1.303 15 CPARK Bahrain Car Parks Co. 0 0 0 BHD 0.122 0.000 BHD 0.100 - - 0 CINECO Bahrain Cinema Co. 83,380 58,406 10 BHD 0.700 (0.040) BHD 0.100 BHD 0.706 BHD 0.700 4 DUTYF Bahrain Duty Free Shop Complex 457,184 358,796 11 BHD 0.786 0.006 BHD 0.100 BHD 0.789 BHD 0.780 7 BASREC Bahrain Ship Repairing & Eng. Co. 360 400 1 BHD 1.010 0.000 BHD 0.100 - - 1 BATELCO Bahrain Telecommunications Co. 6,424,131 2,549,012 173 BHD 0.399 0.006 BHD 0.100 BHD 0.403 BHD 0.392 20 BMMI BMMI 6,154 4,836 4 BHD 0.788 0.003 BHD 0.100 BHD 0.788 BHD 0.784 4 NASS Nass Corporation BSC. 207,164 16,900 9 BHD 0.083 0.002 BHD 0.100 BHD 0.084 BHD 0.081 6 SEEF Seef Properties 2,678,167 555,332 205 BHD 0.211 0.010 BHD 0.100 BHD 0.212 BHD 0.201 20 TRAFCO Trafco Group 0 0 0 BHD 0.295 0.000 BHD 0.100 - - 0 ZAINBH Zain Bahrain 1,025,648 114,455 45 BHD 0.112 0.008 BHD 0.100 BHD 0.113 BHD 0.108 14 Services Sector 11,382,689 4,355,684 515

ALBH Aluminium Bahrain 2,492,809 1,114,506 67 BHD 0.443 (0.008) BHD 0.100 BHD 0.451 BHD 0.441 16 BFM Bahrain Flour Mills Co. 3,118 998 1 BHD 0.330 0.000 BHD 0.100 - - 1 POLTRY Delmon Poultry Co. 0 0 0 BHD 0.240 0.000 BHD 0.100 - - 0 Industrial Sector 2,495,927 1,115,504 68

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SYMBOL COMPANY Total Volume Total Value of No. of No. of of Shares Closing Price Change MoM Par Value High Low Shares Traded Transactions Trading Days Traded

FAMILY Bahrain Family Leisure Co. 0 0 0 BHD 0.081 0.000 BHD 0.100 - - 0 BANADER Banader Hotels Co. 17,727 532 1 BHD 0.031 0.000 BHD 0.100 - - 1 GHG Gulf Hotels Group 148,171 62,749 8 BHD 0.425 0.000 BHD 0.100 BHD 0.428 BHD 0.415 6 NHOTEL National Hotels Co. 126,533 18,942 8 BHD 0.139 (0.066) BHD 0.100 BHD 0.154 BHD 0.139 3 Hotel & Tourism Sector 292,431 82,223 17 BMUSC Bank Muscat 0 0 0 BHD 0.915 0.000 OMR 0.100 - - 0 Non-Bahraini Companies 0 0 0 SICO-C SICO B.S.C. 0 0 0 BHD 0.155 0.000 BHD 0.100 - - 0 UPI United Papers Industries 200,000 66,000 2 BHD 0.330 0.030 BHD 0.100 BHD 0.330 BHD 0.330 2 Closed Companies 200,000 66,000 2 Total Market 70,842,846 16,494,177 1,546

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Financial Ratios

% % Weight from Total P/E Ratio Dividend Price to Book Value Share Issued and Fully Paid Company/Sector Total Market Capitalisation (BD) Market Capitalisation (Times) Yield (Times) Turnover Shares (%)

Ahli United Bank 13.48 4.69 1.92 0.16 8,774,444,281 3,522,983,251 33.70 Al Salam Bank 10.31 3.96 0.69 0.36 2,215,863,320 223,802,195 2.14 Bahrain Islamic Bank 19.46 0.00 1.01 0.00 1,064,058,587 122,366,738 1.17 BBK 10.78 6.29 1.50 0.07 1,296,891,745 824,823,150 7.89 Ithmaar Holding B.S.C. 235.00 0.00 1.43 0.02 3,030,755,027 53,701,948 0.51 Khaleeji Commercial Bank NM 0.00 0.53 0.20 1,050,000,000 50,400,000 0.48 National Bank of Bahrain 16.02 3.18 2.28 0.03 1,547,759,756 1,214,991,408 11.62 Commercial Banks Sector 13.14 4.41 1.73 0.13 18,979,772,716 6,013,068,690 57.52 Al Baraka Banking Group 4.79 6.85 0.25 0.11 1,242,879,755 136,821,175 1.31

Arab Banking Corporation 7.87 6.36 0.36 0.04 3,110,000,000 553,405,840 5.29 Bahrain Commercial Facilities Co. 9.74 6.04 1.09 0.18 204,187,500 169,067,250 1.62 Bahrain Middle East Bank NM 0.00 NM 0.00 400,000,000 17,200,000 0.16 Esterad Investment Co. 9.56 5.41 0.71 0.06 140,000,000 25,900,000 0.25 GFH Financial Group 9.70 6.43 0.78 0.71 3,681,650,441 319,235,910 3.05 INOVEST 9.33 0.00 0.48 0.00 286,511,225 25,383,462 0.24 Investcorp Holding 7.62 2.68 0.73 0.00 80,000,000 337,792,000 3.23 Taib Bank NM 0.00 NM 0.00 112,362,496 116,068,211 1.11 United Gulf Holding Company B.S.C NM 0.00 4.13 0.00 412,974,651 512,088,567 4.90 United Gulf Investment Co. NM 0.00 0.80 0.00 200,000,000 20,000,000 0.19 Investment Sector 8.05 3.83 0.67 0.13 9,870,566,068 2,232,962,415 21.36

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Solidarity Bahrain B.S.C 10.32 6.67 0.99 0.01 120,000,000 27,000,000 0.26 Arab Insurance Group 9.24 0.00 0.27 0.32 220,000,000 25,711,400 0.25 Bahrain Kuwait Insurance Co. 17.89 4.41 1.29 0.56 143,000,000 48,620,000 0.47 Bahrain National Holding 7.86 6.57 0.70 0.02 119,175,000 39,923,625 0.38 Takaful International Co. 11.08 0.00 0.76 0.00 85,000,000 7,650,000 0.07 Insurance Sector 8.27 4.46 0.67 0.25 687,175,000 148,905,025 1.42 APM Terminals Bahrain B.S.C. 12.70 7.87 5.46 0.54 90,000,000 129,150,000 1.24 Bahrain Car Parks Co. 12.20 4.10 0.68 0.00 110,317,230 13,458,702 0.13 Bahrain Cinema Co. 12.96 7.14 0.74 0.10 82,623,450 57,836,415 0.55 Bahrain Duty Free Shop Complex 14.83 6.36 2.11 0.32 142,271,938 111,825,743 1.07 Bahrain Ship Repairing & Eng. Co. 6.52 4.95 0.65 0.00 19,800,000 19,998,000 0.19 Bahrain Telecommunications Co. 12.79 6.89 1.40 0.38 1,663,200,000 663,616,800 6.35 BMMI 12.12 6.35 1.57 0.00 146,428,549 115,385,697 1.10 Nass Corporation NM 0.00 0.31 0.09 220,000,000 18,260,000 0.17 Seef Properties 8.88 7.11 0.63 0.57 460,000,000 97,060,000 0.93 Trafco Group 16.39 5.08 0.84 0.00 80,675,052 23,799,140 0.23 Zain Bahrain 8.00 5.36 0.56 0.28 368,000,000 41,216,000 0.39 Services Sector 12.10 6.69 1.21 0.34 3,383,316,219 1,291,606,497 12.35 Aluminium Bahrain 110.75 0.23 580.03 0.18 1,420,000,000 629,060,000 6.02 Bahrain Flour Mills Co. 6.88 3.03 0.43 0.01 24,832,500 8,194,725 0.08 Delmon Poultry Co. NM 0.00 0.56 0.00 31,209,277 7,490,226 0.07 Industrial Sector 96.41 0.26 19.27 0.17 1,476,041,777 644,744,951 6.17

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% %

Price to P/E Ratio Dividend Book Issued and Fully Paid Total Market Weight from Total Market Company/Sector Share Turnover (Times) Yield Value Shares Capitalisation (BD) Capitalisation (%) (Times) Bahrain Family Leisure Co. NM 0.00 0.66 0.00 40,000,000 3,240,000 0.03 Banader Hotels Co. NM 0.00 1.94 0.01 229,501,500 7,114,547 0.07 Gulf Hotels Group 16.35 5.88 0.84 0.07 225,994,863 96,047,817 0.92 National Hotels Co. 10.69 7.19 0.20 0.11 121,275,000 16,857,225 0.16 Hotel & Tourism Sector 14.97 5.58 0.59 0.07 616,771,363 123,259,588 1.18 Total Market 12.98 4.33 1.26 0.16 35,013,643,143 10,454,547,168 100 N/A: Not Available N/A NM: Not Meaningful NM

Brokers Activity (Buy & Sell)

Brokers Weight from Total Weight from Total Weight from Total Total Value (BD) Total Volume (Shares) No. of Transactions Market (%) Market (%) Market (%) Gulf Securities Company 7,458,911 22.61 30,157,177 21.28 603 19.50 TAIB Securities 0 0.00 0 0.00 0 0.00 SICO B.S.C. (C ) 15,859,057 48.07 64,592,182 45.59 1,363 44.08 Al Ahlia Bahrain B.S.C 935,662 2.84 7,633,242 5.39 159 5.14 Ahli United Bank 1,395,810 4.23 3,507,201 2.48 84 2.72 Global Investment House 0 0.00 0 0.00 0 0.00 BBK 1,911,101 5.79 17,195,548 12.14 215 6.95 Mubasher Financial Services 4,469,955 13.55 12,979,749 9.16 386 12.48 United Gulf Bank B.S.C 18,643 0.06 46,000 0.03 1 0.03 Tradeline Securities W.L.L 0 0.00 0 0.00 0 0.00 Abdulla J. Zain Al-Abedeen 297,197 0.90 2,241,417 1.58 80 2.59 Nasser Abbas Khosrou 642,019 1.95 3,333,176 2.35 201 6.50 Total Brokers Activity 32,988,354 100 141,685,692 100 3,092 100