BUSINESS

Tuesday 8 August 2017

PAGE | 18 QE BRENT PAGE | 19 9,342 22,106.06 7,531.94 $49.32 Oil slides from -2.81 +13.25 PTS + 20.23 PTS -0.26 UK economy takes 0.03% 0.06% 0.27% 9-week highs on a hit as expenditure DOW FTSE100 Opec concerns slumps further Dow & Brent before going to press

TFI completes Renault signs €660m deal with AFP acquisition of rench automaker Renault signed yesterday a long- Fawaited joint venture deal with Iran worth €660m ($779m) to build up to 300,000 cars per German firm year. The new deal puts Renault in partnership with Iran’s state The Peninsula Strategic move Industrial Development and Renovation Organisation he First Investor (TFI), Located in Stuttgart (IDRO) and private firm Parto a subsidiary of Barwa and leased to one of Negin Naseh. Bank Group and the the leading German Renault will hold a 60-per- leading Qatari closed Automotive Groups, cent stake with IDRO and Parto shareholding invest- this investment is in Negin Naseh 20 percent each. Tment banking firm, announced line with TFI’s “The first phase of this the completion of the acquisi- strategy. accord worth €660m provides tion of a prime Stuttgart office for the annual manufacturing property via its TFI Europe TFI, a subsidiary of of 150,000 cars,” IDRO head FROM LEFT: Thierry Bollore, Deputy Director of Competitiveness at Renault, Mansour Moazami, Income Fund (The Fund). Barwa Bank, Mansour Moazami said at a Chairman of the Board of Directors of IDRO Group, and Kourosh Morshed Solouk, Deputy Located in Stuttgart (the identifying attractive signing ceremony in Tehran. Director of the Iranian Automobile Importers Association, shaking hands at the deal signing capital city of the German state He said the first cars will opportunities in ceremony in Tehran, yesterday. of Baden-Württemberg) and roll off the assembly line in developed markets leased to one of the leading around 18 months. cars per year. “Within Renault, Iran is fully quit Iran during the sanc- German Automotive Groups, like Germany and the The new venture will pro- Under the deal, 30 percent known for its great industrial tions period and already makes this investment is in line with UK, where it has duce Renault’s Duster and of the cars and parts made by potential, its automotive indus- some 200,000 cars a year in TFI’s strategy to identify attrac- already made Symbol models at a refurbished the venture will be exported. try infrastructure, strong the country. tive opportunities in developed considerable factory in Saveh, around 120 “We are happy to sign one human resources and unique But it had to put a brake on markets like Germany and the investments. kilometres (74 miles) southwest of Renault’s most historical geopolitical position,” he its growth plans until Iran con- UK, where it has already made of Tehran. contracts here,” said Thierry added. cluded a nuclear deal with considerable investments. current Euro/US dollar A second, three-year phase Bollore, number two of the Unlike its chief competitor world powers that came into The Fund, a close ended exchange rate and relatively will start in 2019 with produc- French carmaker, at the PSA, which makes Peugeots force in January 2016, easing Shariah-compliant real estate inexpensive external financing. tion ramping up to 300,000 signing. and Citroens, Renault never international sanctions. fund was recently established However, TFI and its partner by TFI and Inovalis with the cherry pick quality assets with focus on investing in the income higher return and low risk cor- generating commercial real relation. Stuttgart asset is but QSE’s main estate assets in highly lucrative the founding asset in our TFI ADNOC to split huge oil concession European markets. For the Euro Income Fund”, said Hous- Stuttgart acquisition, the Fund sam Kharbotli, TFI Chief Dubai operating licence for the con- Sultan Ahmed Al Jaber, index drops partnered with Inovalis REIT, Executive Officer. Reuters cession will expire next March. Adnoc’s group chief executive, a Real Estate Investment Trust From his part, Stephane The potential partners are a said in Yesterday’s statement 2.81 points listed on the Toronto Stock Amine, Chairman of Inovalis tate-owned energy giant mix of existing concession that his company was looking Exchange. The Fund aims to SA, said: “We are pleased to Abu Dhabi National Oil Co holders in Adnoc’s offshore for partners to provide tech- secure another Grade A assets have partnered with TFI and S(Adnoc) said yesterday that oilfields and new participants, nology, expertise, long-term The Peninsula during current year. The acqui- together we will demonstrate it would split its ADMA-OPCO Adnoc said without identify- capital and market access, as sition aims also to provide a high level of commitment offshore oil concession into two ing them. well as operational efficiency atar Stock Exchange’s stable income stream with towards achieving excellence or more areas with new terms Adnoc will retain a 60 per- and a willingness to invest in (QSE) main index strong rental growth prospects in our business practices and to unlock greater value and cent shareholding in the new different parts of Adnoc. Qdropped marginally and it is expected to distribute partnerships. Inovalis through increase opportunities for concession areas. Last month, The existing ADMA-OPCO 2.81 points, or 0.03 percent dividends in the range of 6-7 its wide spread presence in partnerships. Adnoc announced that it was concession produces around yesterday when the bourse percent net to the investors. Europe and North America will Adnoc is in advanced talks expanding its partnership 700,000 barrels per day (bpd) closed trading at 9,342.56 “There are many real estate continue to source quality with more than a dozen model to create new co- of oil and is projected to have points. investment opportunities in transactions for benefit of the potential partners, the com- investment opportunities a capacity of about 1.0 million The volume of shares Europe these days especially at Fund investors.” pany said. The current across its business. bpd by 2021. traded increased to 8.43 million from 4.72 million on Sunday and the value of shares increased to QR213.17m from Australian firms to explore opportunities in Qatar: Doha Bank QR133.20m on Sunday. Out of the 44 compa- The Peninsula with Doha Bank. Hilton Wood, (QR120bn) in Qatar is more than “Qatar ranked 18th in ‘the Global There are growing relationships nies listed on QSE, shares Chief Representative Officer, 135 percent of QCB reserves. QCB Competitiveness Report 2016-17’ between both countries in avia- of 38 saw trading yester- everal senior business exec- Doha Bank Australia gave the reserves are more than 6 times and stands second in the region. tion, education, trade and day. Of these, 16 companies utives in Australia have welcome address. of volatile non-resident deposit A new law for Public Private Part- defence. The major Australian gained; 20 closed lower, Sexpressed their keen inter- Dr R Seetharaman, CEO of outflow (QR14bn) during Jun nership (PPP) businesses in Qatar export to Qatar was livestocks. and two remained est to explore business and Doha Bank, in his keynote 2017. Qatar has a reserve of should provide an additional level Australian company Leighton unchanged, reports QNA. investment opportunities in address, gave insight on Qatar as $340bn including assets of its of comfort to the private sector was instrumental in constructing Indices of five sectors Qatar at an event organised by well as on global economy. Sovereign Wealth Fund. Qatar’s and foreign investors. In Feb the equestrian complex in Qatar. ended in green and Doha Bank recently. He said: “Qatar economy is reserves are more than 200 per- 2017, Qatar issued a new law on Qatar plans to airlift 4000 cows. remained two sectors Doha Bank hosted an event expected to grow by 3.4 percent cent of its GDP… With improving arbitration (the “Arbitration It would take as many as 60 ended in red today. QSE on August 4 2017 at Shangri- La in 2017 and will have a fiscal def- liquidity, interbank rates are Law”), inspired by the UNCITRAL flights to deliver the cattle, which Total Return Index lost Hotel, Sydney on the topic “Qatar icit of 7.7 percent in 2017. The coming down. Rebound in Qatar Model Law (the “Model Law”), an were bought in Australia and the 0.03 to 15,666.91 points. – A sustainable performer”. The Nominal GDP of close to 30 per- Stock Exchange index and Qatar international template for law on US.” QSE Al Rayan Islamic event was well attended by lead- cent comes from and sovereign bond prices reflect arbitration.” Hassad Australia, a subsidi- Index declined 0.03 per- ing Corporates and Bankers in Quarrying (mainly hydrocarbon) improving market confidence in He noted that Qatar–Aus- ary of Hassad Foods, a company cent to 3.735.47 points and Australia who were keen to hear and remaining from Non-hydro- Qatari Economy.” tralia bilateral relationships. He owned by the Qatar government, QSE All Share Index added more about Qatar and to explore carbon sectors.Net foreign DR Seetharaman highlighted said: “Qatar–Australia bilateral had owned land spread across 0.12 percent to 2,666.13 further business opportunities currency liability of all banks on key reforms in Qatar. He said: trade exceeded A$1.6bn in 2016. Australia. points. 0 18 BUSINESS TUESDAY 8 AUGUST 2017 Oil slides from Minister mulls quotas for electric cars in Germany Berlin He added that the whole between different ,” Reuters automobile industry faced a she added. major upheaval that it would The Handelsblatt report said 9-week highs on ermany should consider cope with using innovation. the sources believed a minimum introducing binding quo- Machnig was reacting to a sales level alongside stricter lim- Gtas for electric cars for an report in German newspaper its for C02 emissions were automobile sector seeking to Handelsblatt that cited Euro- already part of measures to pro- Opec concerns recover from a diesel emissions pean Union sources as saying mote climate-friendly mobility scandal and keep its place as a the European Commission that the Commission wants to leading producer, deputy econ- wanted to accelerate the retreat present by the end of the year. London Brent down at $51.75 omy minister Matthias Machnig from combustion by VDA auto industry lobby Reuters (pictured) said yesterday. setting a quota for low emission was quoted as saying: “We think Brent crude futures The comments set up a pos- cars such as electric cars from such sales quotas are, in princi- il prices edged were down 67 cents, sible policy clash with German 2025. ple, the wrong choice.” down from nine- or 1.28 percent, at carmakers, whose lobby group But the European Union said A spokesman for the Ger- week highs $51.75 a barrel at says it opposes such quotas. on Monday it had no plans to man transport ministry said yesterday, pres- 1344 GMT. They Britain said last month it Reuters, adding that issues like introduce quotas for electric yesterday he was not aware of sured by worries traded as low as would ban the sale of new pet- digitalisation and new technol- cars for an automobile sector any suggestions about introduc- Oover high production from $51.56 a barrel rol and diesel cars from 2040 in ogies in motors would decide seeking to recover from the ing a quota for electric cars or Opec and the United States. earlier in the day. an attempt to reduce air pollu- who stays at the top of the game. Volkswagen diesel scandal. other low emission cars in the Global benchmark Brent tion. The global auto industry “That’s why we should talk “Generally speaking, the medium term. crude futures were down 67 debate could one day herald the about a binding target to really Commision is looking into ways Speaking at a government cents, or 1.28 percent, at $51.75 Officials from a joint Opec end of more than a century of get electromobility going in to promote use of low carbon news conference, he said the a barrel at 1344 GMT. They and non- Opec technical com- reliance on the combustion Europe and also in Germany,” energy and transport but none transport ministry wanted Ger- traded as low as $51.56 a bar- mittee are meeting in Abu . said Machnig, a member of the of them includes quotas for elec- many to remain a top car rel earlier in the day. Dhabi yesterday and today to “We want Germany to Social Democrats, junior coali- tric cars,” a spokeswoman for producer but wanted to be open US crude futures were discuss ways to boost compli- remain the top car country in tion partners of Chancellor the EU executive said. regarding the to ena- down 67 cents, or 1.35 percent, ance with the deal. the future,” Machnig told Angela Merkel’s conservatives. “We do not discriminate ble that. at $48.91 per barrel, but up from The doubts about the Opec the day’s low of $48.78 a production deal outweighed the barrel. impact of a protest at Libya’s Both contracts stood more Sharara oilfield, which led to a Ghana may bring than $1 below the levels hit last brief shutdown starting late on Gulf rift puts Dubai finance hub at week, which marked their Sunday. High oil output in the law to limit fiscal highest since late May, when oil United States counteracted producers, led by the Organi- other bullish factors, including risk: Standard Chartered CEO deficit to 5% zation of the Petroleum a Baker Hughes report on Fri- Exporting Countries, had day that showed a cut of one extended a deal to reduce out- drilling rig in the week to London operations if the tension in the with incentives including a Accra put by 1.8 million barrels per August 4, bringing the total Reuters region continued. 50-year guarantee of zero tax on Reuters day (bpd) until the end of next count down to 765. “There is a lot of benefit we corporate income and profits. March. US weekly oil production he boss of Standard Char- get from having a Dubai hub, we But the diplomatic rift with hana is considering Doubts have since emerged hit 9.43 million bpd in the week tered has warned that are looking to see what the effect Qatar could make it harder for passing a law that will about the effectiveness of the to July 28, the highest since TDubai risks damaging its of this will be,” he told Reuters. global banks to base the vast Grestrict government’s cuts because Opec output hit a August 2015 and up 12 percent status as a financial centre as a “There is a risk of turning away majority of their coverage of the fiscal deficit to not more than 2017 high in July and its exports from its most recent low in June result of the trade blockade of from the UAE.” Gulf out of Dubai. 5 percent of GDP, the coun- hit a record. last year. Still, some analysts Qatar by a Saudi-led bloc, which Dubai, the largest city in the Winters said Standard Char- try’s Senior Minister Yaw “The market is looking for said strong words from Opec includes the United Arab UAE, emerged as the region’s tered itself had no plans to Osafo-Maafo said comment from Saudi Arabia could help to shore up prices. Emirates. main banking hub after the change its Gulf operations, yesterday. signalling Opec will meet its “The negative price impact Standard Chartered is a establishment in 2004 of a low- though it is watching the situa- The proposed Fiscal agreed target,” Hans van Cleef, at the start of the week coming major lender across the Middle tax, independent zone known as tion closely. Standard Chartered Responsibility law will have senior energy economist with from Opec and compliance East and CEO Bill Winters said it Dubai International Financial earns close to 20 percent of total provisionsto punish govern- ABN AMRO, said. “The possibil- focus will probably dissipate,” could become increasingly dif- Centre. The zone now is home to revenue from its Africa and Mid- ment officials who exceed ity for (price) movement seems SEB Markets chief commodi- ficult for Dubai to act as a over 400 financial services firms dle East operations, with much spending limits,Osafo-Maafo limited unless Opec comes out ties analyst Bjarne Schieldrop comprehensive regional hub for including 17 of the world’s top 20 of those being managed out of told a meeting of business with a statement.” said. international companies’ Gulf banks, according to its website, Dubai. leaders in the capital Accra. TUESDAY 8 AUGUST 2017 BUSINESS 19 Moscow to curtail Faraday Future inks factory deal

Washington financial officer. “Investors reliance on US AFP invest in people, and our employees continue to be Far- lectric car startup Faraday aday Future’s strongest asset.” Future said yesterday it In January, it showed off a payment systems Ehad signed a lease for a prototype of its FF91 on new assembly plant in Califor- the sidelines of the Consumer nia and reaffirmed its intention Electronics Show in Las Vegas, to start deliveries in 2018. claiming it outperformed Tesla Russia’s Mir card The company, whose back- cars on key benchmarks. Russia has already ers include the head of the Attending that event was introduced a new financially strapped Chinese Chinese billionaire Jia Yueting, tech group LeEco, said its new founder of LeEco, the company national payment facility will be in Hanford, Cali- whose assets have been frozen system to cut fornia, roughly halfway between in a dispute with creditors in Faraday Future’s FF91 electric car on display at the 2017 reliance on Western Los Angeles and Silicon Valley. China. Consumer Electronic Show (CES) in Las Vegas, Nevada. systems. Faraday Future had previ- While Faraday has not ously said it would set up a detailed its relationship with changes to get Faraday Future meters and will employ up to The payment card, factory in Las Vegas to build its LeEco or Jia, its statement yes- investible.” 1,300 workers once production Mir, is accepted by aimed at competing terday indicated it was operating It added that the new facil- is ramped up. what they need,” he said. with high-end Teslas. under a “new leadership team, ity in California offers “a faster Faraday claimed in January 380 banks in Russsia Russia has already intro- “We know there is a lot of helmed by Krause,” a former path to production” and marks its electric car would offer an and all trade and duced a new national payment work and risks ahead, but this executive at Deutsche Bank and a step forward in plans to deliver estimated 604 kilometers of service points. system to cut reliance on West- event represents a major step BMW, and another former BMW its vehicles to market by the end range before needed recharg- ern systems, such as Visa and forward for the company,” said executive, Ulrich Kranz. of 2018. ing, and would accelerate from Moscow MasterCard. Those operators Stefan Krause, the company’s The statement said Krause The new manufacturing zero to 100 kph in an eye-pop- Reuters stopped providing services to chief operating and chief and Kranz are “driving strategic facility has some 90,000 square ping 2.39 seconds. clients of one Russian bank after ussia will speed up Washington imposed sanctions work on reducing over Moscow’s role in the dependency on US Ukraine crisis. Ghana to limit payment systems The Russian payment sys- Netflix acquires Millarworld and the dollar as a tem is called Mir, which fiscal deficit to Rsettling currency, RIA news translates as “World” or “Peace”. Washington stories featuring compelling era in global storytelling.” agency cited Deputy Foreign “Your card is free from external AFP characters and timeless, inter- Millar said in the state- Minister Sergei Ryabkov (pic- factors. Created in Russia,” runs woven fictional worlds.” ment: “I’m so in love with what 5% of GDP tured) as saying yesterday. an advertisement for Mir cards. etflix yesterday Terms of the deal were not Netflix is doing and excited by It is a response to the new To date, more than 13.9 million announced it was disclosed. their plans. Netflix is the future GHANA is considering passing sanctions against Russia reluc- Mir cards have been issued in Nacquiring comic book “As creator and re-inven- and Millarworld couldn’t have a law that will restrict gov- tantly signed into law last week Russia, according to the Russian publisher Millarworld, creator tor of some of the most a better home.” ernment’s fiscal deficit to not by US President Donald Trump. National System of Payment of popular series including memorable stories and char- Millar, who runs Millar- more than 5 percent of GDP, the The sanctions targeted Russia’s Cards (NSPK), or about 10 per- “Kick-Ass” and “Kingsman.” acters in recent history, world with his wife Lucy country’s Senior Minister Yaw energy sector, with new limits cent of the country’s population. The first-ever acquisition ranging from Marvel’s “The Millar, spent eight years at Osafo-Maafo said yesterday. on US investment in Russian More than 380 banks working by the US streaming media Avengers” to Millarworld’s Marvel. The proposed Fiscal companies. in Russia accept these cards giant will give it the portfolio “Kick-Ass,” “Kingsman,” He developed the comic Responsibility law will have “We will of course intensify which are issued by 120 banks. created by Scottish creator “Wanted” and “Reborn” fran- books and story arcs that provisions to punish govern- work related to import substi- Practically all trade and service Mark Millar, who previously chises, Mark is as close as you inspired the first “Avengers” ment officials who exceed tution, reduction of dependence points, including cafes, shops, worked at Marvel. can get to a modern day (comic movie, “Captain America: Civil spending limits. Ghana is fol- on US payment systems, on the restaurants and petrol stations Netflix said in a statement book icon) Stan Lee,” said Net- War,” and “Logan.” lowing a three-year dollar as a settling currency and accept payments with Mir cards. the deal was part of the com- flix chief content officer Ted Millarworld has created programme with the IMF to so on. It is becoming a vital Furthermore, Mir cards are pany’s effort “to work directly Sarandos. some 18 series, leading to films restore fiscal balance to an need,” Ryabkov was quoted as welcome in sanctions-hit Cri- with prolific and skilled crea- “We can’t wait to harness that together have grossed economy dogged by a high saying. “(Otherwise) we will mea where Western banks are tors and to acquire intellectual the creative power of Millar- nearly $1bn in global box fiscal deficit and large public always sit on their hook, exactly prohibited to operate. property and ownership of world to Netflix and start a new office. debt. UK economy takes a hit as expenditure slumps further

London two downbeat reports come spending will recover in the cur- Bloomberg days after the Bank of England rent challenging conditions.” downgraded its economic out- The July consumer figures K consumers cut back on look and Governor Mark Carney showed a 6 percent increase in spending for a third warned that Brexit uncertainty spending at hotels, restaurants Umonth in July as house- is weighing on business and and bars. Markit said this may price growth slowed sharply, households. BOE Deputy Gov- be partly related to an increase dealing yet another blow to the ernor Ben Broadbent said Friday in “staycations,” with the economy. that the “maximum rate of pain” weaker pound making foreign The broad-based weakness for consumers will soon pass, holidays more expensive. Ster- is being blamed on a squeeze on though any improvement could ling, little changed on Monday, pockets as inflation outpaces be modest. The central bank also has fallen 13 percent since the wage growth as well as concerns cut its forecast for wage growth Brexit vote in June 2016. about the health of the economy. last week. According to the Halifax The latest figures leave both In addition to the income report, house prices slipped 0.2 household expenditure and the squeeze, consumer expenditure percent in the three months property market at their weak- has been hit by concerns among through July against the previ- est in more than four years. shoppers about the broader out- ous quarter. A report from IHS Markit look after the economy slowed That’s a fourth consecutive and Visa showed that consumer dramatically in the first half of decline, the first time that’s hap- spending dropped 0.8 percent the year. pened since 2012. year-on-year, with clothing, “Alongside the renewed On an annual basis, the pace household goods, food and squeeze on household budgets, of growth is now just a fifth of transport among the worst hit. uncertainties linger over the its peak in March 2016. The mar- Home-price increases direction of the economy,” said ket has also been damped by tax weakened to an annual 2.1 per- Annabel Fiddes, an economist changes in 2016 and affordabil- cent in the past three months, at IHS Markit. “This makes it ity concerns after years of its slowest since April 2013. The seem unlikely that consumer rampant house-price gains.

Greece axes flash estimates Gold settles over data divergence near lowest level in 2 weeks Athens the Greek economy growing by GOLD prices settled in the AFP a slim 0.4 percent in the first early trading on Monday near three months of 2017, whereas its lowest level in two weeks. reece’s statistics agency an earlier flash estimate had Spot gold was steady at yesterday said it would pointed to a contraction of 0.1 $1,257.51 per ounce. On Fri- Gno longer publish flash percent for the period. day, it touched $1254 per estimates of its growth figures “We had significant differ- ounce, its lowest in two after wide divergences in data ences in data pertaining to the weeks and registered its first called for significant revisions fourth quarter of 2016 and the weekly decline in four. US down the line. first quarter of 2017.” gold futures for December “We did not have enough “We will still send flash esti- delivery fell by 0.1 percent to data (for the flash estimates) it mates to Eurostat, but it will not $1,263.10 per ounce. Among was creating problems”, an be published,” official added. other metals, silver rose by 0.1 Elstat official said. As a result, data for the sec- percent to $16.24 per ounce, In one notable case earlier ond quarter of 2017 will be while platinum stood at this year, revised data showed released on September 1. almost $959.70 per ounce. 20 BUSINESS TUESDAY 8 AUGUST 2017

QATAR STOCK EXCHANGE

QE INDICES SUMMARY QE MARKET SUMMARY COMPARISON WORLD STOCK INDICES EXCHANGE RATE 07-08-2017 Currency Buying Selling Index Day’s Close Pt Chg % Chg Year High Year Low QE Index 9,342.56 0.03 % Index 9,342.56 US$ QR 3.6305 QR 3.6500 QE Total Return Index 15,666.91 0.03 % Change 2.81 All Ordinaries 5824.469 51.161 0.89 5983.2 5635.1 UK QR 4.7237 QR 4.7897 % 0.03 QE Al Rayan Islamic Index 3,735.47 0.03 % Cac 40 Index/D 5202.99 -0.45 -0.01 5442.1 4733.82 Euro QR 4.2694 QR 4.3295 YTD% 10.48 Dj Indu Average 22092.81 66.71 0.3 22044.85 19677.94 CA$ QR 2.8459 QR 2.9020 QE All Share Index 2,666.13 0.12 % Volume 8,434,474 Hang Seng Inde/D 27690.36 127.68 0.46 27747.35 21883.82 Swiss Fr QR 3.7193 QR 3.7718 QE All Share Banks & 2,878.72 0.03 % Value (QAR) 213,177,330.90 Financial Services Trades 2,224 Iseq Overall/D 6678.83 -45.56 -0.68 7157.43 6369.05 Yen QR 0.0325 QR 0.0331 Aus$ QR 2.8544 QR 2.9105 QE All Share Industrials 2,815.06 0.03 % Up 16 | Down 20 | Unchanged 02 Kse 100 Inx/D 46465.66 -411.71 -0.88 53127.24 43027.15 Ind Re QR 0.0566 QR 0.0577 QE All Share Transportation 1,986.62 0.16 % 06-08-2017 S&P 500 Index/D 0 0 0 2484.04 2245.13 Index 9,345.37 Pak Re QR 0.0342 QR 0.0350 QE All Share Real Estate 2,090.20 0.48 % Change 52.72 Peso QR 0.0715 QR 0.0729 QE All Share Insurance 4,083.19 0.34 % % 0.56 SL Re QR 0.0235 QR 0.0240 QE All Share Telecoms 1,165.61 0.15 % YTD% 10.46 GOLD AND SILVER Taka QR 0.0447 QR 0.0456 Volume 4,729,431 QE All Share Consumer 5,564.82 0.22 % GOLD QR147.5023 per gramme Nep Re QR 0.0354 QR 0.0361 Value (QAR) 133,201,929.19 Goods & Services SA Rand QR 0.2697 QR 0.2752 Trades 1,686 SILVER QR1.8973 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 1811 -1.1 17464 Container Cor-/D 1184.6 4.7 232892 India Cement-A/D 200.05 2 367751 Maral Overs-B/D 40.7 1.45 2245 LONDON Aban Offs-A/D 177.9 0.8 123260 Dai-Xc/D 447.1 4.85 3019 India Glycol-B/D 196.15 5.1 39338 Mastek-B/D 271.45 -4.95 159234 Aegis Logis-A/D 186.7 2.05 70206 Dcm Shram Ind-/D 354.25 16.1 63008 Indian Hotel-A/D 128.65 0.95 47091 Max Financial-/D 609 1.5 21993 3i Group/D 949.5 -2 287177 Alembic-B/D 40.35 0.45 31268 Dhampur Sugar-/D 276.15 8.3 567471 Indo-A/D 147.3 6 143864 Mrpl-A/D 131.9 2.15 230063 Assoc.Br.Foods/D 3112 4 94463 Alok Indus-B/D 3.23 0.06 1298259 Dr. Reddy-A/D 2210.3 -33.8 50996 Indusind-A/D 1654.5 -10.65 295449 Nahar Spg.-B/D 122 0.3 6019 Barclays/D 209.7 -0.65 5585181 Apollo Tyre-A/D 285.8 23.45 1787597 E I H-B/D 130.25 -2.25 9468 J.B.Chemical-B/D 301.95 -3.2 10491 Nation Alum -A/D 69.15 0.15 283300 Bp/D 466.05 2.75 4670892 Asahi I Glass-/D 296.45 8.25 14321 E.I.D Parry-A/D 314.7 -4.75 90837 Jagson Phar-B/D 33.5 -0.35 4308 Navneet Edu-B/D 162 2.95 8443 Brit Am Tobacc/D 5058 1 672310 Ashok Leyland-/D 111.25 2.2 852338 Eicher Motor-A/D32007.65 416.9 3521 Jamnaauto-B/D 264.6 0.85 46516 Nepc India-Z/D 1.14 -0.05 2070 Bt Group/D 317 0.25 3854806 Bajaj Hold-A/D 2546 131.45 42943 Electrosteel-B/D 28.95 -0.95 70823 Jbf Indu-B/D 201.65 6.8 51107 Neuland Lab-B/D 1385 -40 717 Centrica/D 197.5 -2.2 4295676 Ballarpur In-B/D 16.1 0.3 200443 Emco-B/D 23 -0.3 45524 Jct Ltd-Xc/D 4.45 0.06 135254 Nrb Bearings-B/D 117 0.15 5307 Gkn/D 324.4 -0.5 1469423 Banaras Bead-B/D 57.7 -1.8 30683 Escorts-A/D 672.15 -0.35 153319 Jenson&Nich.-T/D 9.28 0 11653 O N G C-A/D 166.1 -0.45 334756 Hsbc Holdings/D 769.57 0.5 4071082 Bata India-A/D 637.05 7.1 77105 Eveready Indu-/D 307.15 4.15 561361 Jik Indust-T/D 0.42 0 3750 Ocl India-B/D 1229 26.2 1155 Kingfisher/D 304.3 -2.7 3252518 Bayer Crop-A/D 4525 -45.05 1671 F D C-B/D 179.85 4.3 7278 Jindal Drill-B/D 165.8 1.95 2357 Land Secs Grou/D 1019.999 1 281439 Beml Ltd-A/D 1719.85 -10.25 23440 Federal Bank-A/D 114.5 0.5 332045 Onward Tech-B/D 104.6 3.7 292893 Jktyre&Ind-A/D 165.7 5.65 283757 Legal & Genera/D 275.4 2.9 4686762 Bharat Ele-A/D 181.75 2.9 181050 Ferro Alloys-X/D 9.01 0.31 54141 Orchid Pharm-B/D 26.7 0.15 34635 Jmc Projects-B/D 357 5.9 5104 Lloyds Bnk Grp/D 66.77 -0.04 30515356 Bhansali Eng-B/D 79.3 5.05 797602 Finolex-A/D 588 1.2 6293 Orient Hotel-B/D 35.4 -0.3 7722 Kabra Extr-B/D 139.05 6.9 15491 Marks & Sp./D 326.9 -3.6 689433 Bharat Bijle-B/D 1284.75 8.3 1358 Forbes-B/D 1599.95 15.2 12866 Patspin India-/D 25.7 0.5 9119 Kajaria Cer-A/D 642 -4.95 9092 Next/D 4307 -86 342827 Bharatgears-B/D 172.45 2.35 1249 Gail-A/D 378.9 0.05 264167 Punjab Chem.-B/D 375.45 21.25 7957 Kakatiya Cem-B/D 384.55 13.6 9980 Pearson/D 646 -9.5 747197 Bhartiya Int-B/D 594.2 7.5 22367 Gammon India-B/D 9.34 0.19 160849 Radico Khait-B/D 154.3 8.6 145245 Kalpat Power-B/D 353.65 -3.1 2577 Prudential/D 1866.5 0.5 711044 Bhel-A/D 138.9 1.3 245117 Garden P -B/D 34.45 0.55 36092 Rallis India-A/D 242.1 -1.8 12719 Rank Group/D 234.2 -4.4 28503 Kalyani Stel-B/D 456.05 8.7 63730 Bom.Burmah-A/D 916.5 35.9 108794 Godfrey Phil-A/D 1050.1 -7.6 3506 Reliance Indus/D 446.65 0.5 71514 Rentokil Initi/D 291.9 -0.5 910682 Kanoria Chem-B/D 83.95 -0.35 22550 Bombay Dyeing-/D 82.75 1.3 423475 Goodricke-Xc/D 224.25 -3.6 10053 Ruchi Soya-B/D 22.9 -0.1 122369 Rolls Royce Pl/D 966.19 4.5 1076174 Kg Denim-Xc/D 74 2.8 11312 Camph.& All-Xc/D 754 -1.35 5397 Goodyear I -B/D 882 0.35 15938 Salora Inter-T/D 53.8 -2.2 1896 Rsa Insrance G/D 651 4 732324 Kilburnengg-Xd/D 60.5 1.85 6097 Canfin Homes-A/D 2944.35 -40.65 13642 Hcl Infosys-A/D 47 -0.2 140721 Saur.Cem-Xc/D 69.25 1.4 16325 Sainsbury(J)/D 249.9 -2.6 1197790 Caprihans-Xc/D 97 2.2 6591 Him.Fut.Comm-B/D 18.25 1.35 3902098 Kinetic Eng-Xc/D 81.7 -0.35 1474 Sterling Tool-/D 240 -1.5 1129 Schroders/D 3478 -4 30019 Castrol India-/D 397.8 2.4 48733 Himat Seide-B/D 333.4 1.95 20716 Kopran-B/D 76.8 1.95 66615 Tanfac Indu-Xd/D 65.25 0 109288 Severn Trent/D 2279 7 154214 Century Enka-B/D 318.15 8.55 29888 Hind Unilever-/D 1184.25 -7.65 30729 Lakshmi Elec-X/D 681.9 18.6 6834 Smith&Nephew/D 1333 5 2105916 Thirumalai-B/D 1238.8 -8.15 18656 Century Text-A/D 1223.8 0.95 233698 Hind Motors-B/D 8.19 0.13 68848 Lakshmi Mach-A/D 5892.2 22.3 8126 Smiths Group/D 1547.5 0 237552 Til Ltd.-B/D 438 10.8 7515 Chambal Fert-B/D 141.65 1.65 227311 Hind Org Chem-/D 21.05 -0.95 35178 Lloyd Metal-Xd/D 18.75 1.4 106623 Standrd Chart /D 803.9 1.4 1428249 Timexgroup-T/D 36.25 -0.45 28363 Chola Invest-A/D 1202 23.35 6620 Hind.Petrol-A/D 458.1 26.45 1238695 Lupin-A/D 984.5 -8 134192 Tate & Lyle/D 689.5 -3 254383 Chowgule St-Xt/D 14.27 0.02 5002 Hindalco-A/D 227.65 2.6 856017 Lyka Labs-B/D 59 -1.2 20521 Tinplate-B/D 142.6 8.85 617478 Tesco/D 178.95 -1.2 2826137 Cimmco-B/D 83.65 0.25 6234 Hous Dev Fin-A/D 1726.6 -6.3 53123 Mafatlal Ind-X/D 281.3 -6.75 1893 Ucal Fuel-B/D 207.05 -1.2 12998 Unilever/D 4368 11 356350 Cipla-A/D 565.15 -1.9 56864 I F C I-A/D 25.95 -0.2 224947 Mah.Seamless-B/D 412.45 9.3 4138 Ultramarine-Xc/D 200 2.55 4348 United Util Gr/D 915 1 477298 City Union Bk-/D 170.95 2.9 15829 Idbi-A/D 57.2 0.2 197063 Maha Scooter-B/D 2385.7 68.95 2628 Unitech P -A/D 8.85 0.62 10772559 Vodafone Group/D 226.1 1.1 14778467 Colgate-A/D 1072.5 -1.45 8355 Ifb Ind.Ltd.-B/D 669.8 -10.45 3582 Mangalam Cem-B/D 379 9.5 2370 Univcable-B/D 111 0.35 13211 Whitbread/D 3906 8 77523