KAMCO Research
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KAMCO Research Kuwait Stock Exchange Daily Briefing Wednesday, January 19, 2011 Sector Weight by Market Cap KAMCO Total Return Weighted (TRW) Market & Sector Indices Non‐Kuwaiti 6% Closing DTD MTD 90-Day YTD Food KAMCO TRW Indices 2% Value % Chg % Chg % Chg % Chg Banking ▲ Market Index 2,951.02 0.29% 0.39% 2.68% 0.39% 42% ▲ Banking 4,794.15 1.11% 2.73% 6.12% 2.73% Services ▼ Investment 1,287.10 -0.07% 1.29% -1.04% 1.29% 28% ▼ Insurance 1,548.68 -0.46% -0.36% 0.40% -0.36% ▼ Real Estate 666.57 -0.07% -2.28% -0.78% -2.28% ▲ Industrial 2,144.09 0.05% 0.19% -2.29% 0.19% ▼ Services 6,402.17 -0.62% -2.28% 2.98% -2.28% Industrial 8% Investment ▲ Food 3,810.01 2.31% 0.06% 2.31% 0.06% 8% Real Estate Insurance ▼ Non-Kuwaiti 2,241.96 -0.39% -1.22% -2.57% -1.22% 5% 1% 52 Week KAMCO TRW Index Return Relative to Volume Top 10 Kuwaiti Companies by Market Capitalization 3,000 1000 2,900 Market Cap. P/E ROE* 800 (Mln KD) (X) (%) 2,800 600 1- ZAIN 6,250 6.38 37.2% 2,700 2- National Bank of Kuwait 5,253 18.23 14.6% 3- Kuwait Finance House 3,137 28.60 8.6% 400 4- Gulf Bank 1,404 NM NM 2,600 5- Commercial Bank of Kuwait 1, 208 54. 13 4. 81% (shr. mil.) traded Volume MCO TRW Index Value A 200 6- Boubyan Bank 1,119 NM NM KAMCO TRW Index Value 2,500 7- Al Ahli Bank of Kuwait 1,009 17.87 12.3% 8- National Mobile Telecom. Co. 938 14.49 13.6% 2,400 0 9- Ahli United Bank (Kuwait) 826 44.17 7.8% 8.7.10 4.2.10 4.3.10 1.4.10 5.8.10 2.9.10 6.1.11 22.7.10 27.5.10 21.1.10 18.2.10 18.3.10 15.4.10 29.4.10 13.5.10 10.6.10 24.6.10 19.8.10 16.9.10 30.9.10 9.12.10 20.1.11 10- Burgan Bank 757 NM NM 14.10.10 28.10.10 11.11.10 25.11.10 23.12.10 Total 21,901 12.67 17.1% Market Breadth 35 42 139 *: ROE is based on the net profit for TTM 9M-10 & equity figures as of 30 Sep. 2010 Top Movers and Most Active Stocks Market Trading Data and Volatility Close Change Percent Closing DTD DTD MTD YTD Today's Top % Gainers Performance (KD) (KD) Change Value Chg % Chg % Chg % Chg First Dubai For Real Estate Development 0.039 0.003 6.94% Zima Holding Co. 0.160 0.010 6.67% Future Kid Entertainment and Real Estate Co. 0.132 0.008 6.45% KSE Price Index 6,915.50 -2.50 -0.04% -0.58% -0.58% Heavy Engineering Ind. & Shipbuilding Co. 0.365 0.020 5.80% KSE Weighted Index 486.22 1.54 0.32% 0.42% 0.42% National Ranges Co. 0.019 0.001 5.56% Market Cap (KD Mil) 36,442 202.44 0.56% 0.45% 0.45% Close Change Percent Today's DTD DTD Average Daily Today's Top % Losers Trading Indicators (KD) (KD) Change Value Chg % Chg YTD 2011 YTD 2010 Pearl of Kuwait Real Estate Co. 0.032 -0.003 -7.35% United Foodstuff Industries Group Co. 0.350 -0.025 -6.67% Real Estate Trade Centers Co. 0.370 -0.025 -6.33% Volume (Million Shares) 141.24 27.89 24.60% 249.40 533.92 United Gulf Bank 0.335 -0.020 -5.56% Value Traded (KD Million) 25.45 -2.72 -9.65% 38.76 58.50 Al-Ahlia Holding Co. 0.017 -0.001 -5.56% No. of Trades 2,255 -205 -8.33% 3,682 6,656 Close Volume Market Volatility Volatility Since January Today's Most Active (KD) (Shares) Annualized Standard Deviation of Daily Returns 2010 2009 2008 National Ranges Co. 0.019 13,920,000 Al Safat Investment Co. 0.070 11,840,000 International Financial Advisers 0.068 11,440,000 KAMCO Total Return Weighted Index 9.88% 14.94% 16.85% Al-Ahlia Holding Co. 0.017 9,600,000 KSE Price Index 9.15% 12.76% 14.69% AREF Investment Group 0.081 7,240,000 KSE Weighted Index 13.27% 19.83% 21.37% Source: Investment Research Dept. - KAMCO Source: Investment Research Dept. - KAMCO KAMCO Research Kuwait Stock Exchange Daily Briefing Wednesday, January 19, 2011 Company Reuters Dividend MKT Cap 52-Week 52-Week YTD-11 Volume Trailing Trailing Closing Ticker Yield Beta (KD Mln.) High Low # (Mln.shrs.) P/E (X) P/B (X) Price (KD) Return ▲ National Bank of Kuwait NBKK.KW 18.23 2.40 2.22% 1.42 1.460 5253.0 1.520 1.040 1.4% 4.02 ═ Gulf Bank GBKK.KW NM 3.46 0.00% 0.84 0.560 1404.3 0.590 0.275 -1.8% 0.00 ═ Commercial Bank of Kuwait CBKK.KW 54.13 2.76 0.00% 0.83 0.950 1208.4 0.980 0.680 3.3% 0.00 ═ Ahli Bank of Kuwait ABKK.KW 17.87 2.18 1.70% 0.73 0.700 1008.8 0.720 0.440 0.0% 0.02 ▲ Ahli United Bank - Kuwait BKME.KW 44.17 3.10 0.00% 1.00 0.770 826.4 0.790 0.475 16.7% 0.92 ▼ Kuwait International Bank KIBK.KW 39.12 1.80 0.00% 1.43 0.360 373.4 0.380 0.180 5.9% 4.35 ═ Burgan Bank BURG.KW NM 1.76 0.00% 1.33 0.540 756.7 0.560 0.300 1.9% 1.87 ▲ Kuwait Finance House KFIN.KW 28.60 2.42 1.83% 1.48 1.260 3137.2 1.280 0.920 8.6% 0.65 ▲ Boubyan Bank BOUK.KW NM 4.74 0.00% 1.56 0.640 1118.9 0.670 0.390 1.6% 0.07 ▲ Average Banking 28.86 2.61 1.27% 1.02 Total 15,087.2 2.7% 11.9 ═ Kuwait Investment Co. KINV.KW NM 0.67 0.00% 1.06 0.132 72.8 0.168 0.092 -2.9% 0.24 ▲ Commercial Facilities Co. FACI.KW 19.62 1.29 5.02% 0.88 0.385 206.7 0.400 0.295 1.3% 0.99 ▲ Int'l Financial Advisors Co. IFIN.KW NM 0.36 0.00% 1.35 0.068 49.0 0.116 0.045 13.3% 11.44 ▼ National Investment Co. NINV.KW 29.59 1.78 0.00% 1.41 0.430 376.8 0.570 0.255 -5.5% 0.26 ▼ Kuwait Projects Co.(Holding) KPRO.KW 16.13 0.95 4.77% 1.61 0.460 557.7 0.540 0.290 5.7% 0.11 ▼ Al-Ahlia Holding Co. AINV.KW NM 0.32 0.00% 1.29 0.017 14.1 0.045 0.015 -2.9% 9.60 ▼ Coast Invest. & Development Co. COAS.KW NM 1.17 0.00% 1.27 0.116 72.5 0.186 0.100 -3.3% 0.54 ═ The International Investor Co. TIIK.KW NM 1.02 0.00% 1.08 0.025 12.3 0.040 0.023 0.0% 0.00 ═ The Securities House Co. SECH.KW NM 3.10 0.00% 0.78 0.130 88.4 0.130 0.097 0.0% 0.00 ═ Industrial & Financial Invest. Co. IICK.KW NM NM 0.00% 1.07 0.038 17.1 0.061 0.036 -5.0% 0.00 ═ Securities Group SGCK.KW NM 1.13 5.36% 0.83 0.280 71.5 0.280 0.232 0.0% 0.00 ═ International Finance Co. IMCK.KW NM 1.58 0.00% 0.48 0.275 128.1 0.285 0.212 0.0% 0.00 ▼ Kuwait Financial Centre MARKZ.KW 14.81 0.79 0.00% 1.65 0.156 78.9 0.160 0.091 8.3% 1.38 ═ Kuwait & M.E. Financial Investment Co. KMEF.KW NM 0.46 0.00% 0.39 0.070 18.5 0.144 0.070 -10.3% 0.00 ═ International Investment Group. IIGK.KW NM 0.35 0.00% 1.07 0.044 20.1 0.063 0.044 0.0% 0.00 ▲ AREF Investment Group AIGK.KW NM 0.66 0.00% 1.32 0.081 86.0 0.132 0.045 30.6% 7.24 ═ The Investment Dar TIDK.KW NM NM 0.00% 0.97 0.074 70.6 NA NA 0.0% 0.00 ▼ Al-Aman Investment Co. AMAN.KW NM 0.90 0.00% 0.67 0.057 27.7 0.082 0.050 7.5% 1.68 ▲ First Investment Co. OLAK.KW NM 0.85 0.00% 1.16 0.120 78.1 0.124 0.067 50.0% 3.44 ▼ Al-Mal Investment Co. MALK.KW NM 0.98 0.00% 1.62 0.114 60.2 0.150 0.064 -6.6% 0.28 ═ Gulf Investment House GIHK.KW NM 0.57 0.00% 1.03 0.054 23.9 0.077 0.046 17.4% 0.16 ═ A'ayan Leasing & Investment Co. AAYA.KW NM 2.09 0.00% 1.43 0.071 45.4 0.090 0.067 0.0% 0.00 ═ Bayan Investment Co.