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KAMCO Research KAMCO Research MENA Markets Daily Report September 7, 2017 Index DTD YTD FY Country Benchmark Value Change 2017 2016 MENA Countries In this Report… Kuwait Price Index ▼ 6,918.00 (0.0%) 20.4% 2.4% Kuwait ………………………………….2 Kuwait Weighted Index ▲ 433.25 0.2% 14.0% (0.4%) Saudi Arabia ……………………….3 Kuwait KSX 15 Index ▲ 993.91 0.2% 12.3% (1.7%) UAE - Dubai ………………………….4 Saudi Arabia TADAWUL All Share Index ▲ 7,306.12 0.7% 1.3% 4.3% UAE - Nasdaq Dubai……… 5 UAE - Dubai DFM General Index ▲ 3,642.08 0.5% 3.1% 12.1% UAE - Abu Dhabi ……………………6 UAE - Nasdaq Dubai FTSE NASDAQ Dubai UAE 20 Index ▼ 3,484.52 (0.1%) 5.8% 7.5% Qatar ……………………………………7 UAE - Abu Dhabi ADX General Index ▼ 4,457.12 (0.5%) (2.0%) 5.6% Bahrain …………………………………8 Qatar QE 20 Index ▼ 8,684.55 (1.3%) (16.8%) 0.1% Oman ……………………………………9 Bahrain Bahrain All Share ▲ 1,311.17 0.7% 7.4% 0.4% Egypt ………………………………….10 Oman MSM 30 Index ▲ 5,064.58 0.0% (12.4%) 7.0% Jordan…………………………… 11 Egypt EGX 30 ▼ 13,317.89 (0.7%) 7.9% 76.2% Tunisia ………………………………….12 Jordan ASE Index ▼ 2,149.55 (0.0%) (1.0%) 1.6% Lebanon ……………………………….13 Lebanon Blom Stock Index ▼ 1,154.49 (0.4%) (4.8%) 3.7% Morocco……………………….. 14 Tunisia Tunisia Index ▼ 6,346.05 (0.0%) 15.6% 8.9% Syria ……………………………… 15 Morocco MASI ▼ 12,427.80 (0.1%) 6.7% 30.5% Syria DSE Weighted Index ▲ 3,050.24 1.3% 88.6% 31.7% Emerging Markets China SSE Composite Index ▼ 3,382.53 (0.1%) 9.0% (12.3%) Russia RUSSIAN RTS INDEX ($) ▲ 1,106.70 0.5% (4.0%) 52.2% India SENSEX ▲ 31,703.98 0.1% 19.1% 1.9% Brazil BOVESPA Stock Index ▲ 73,412.41 1.7% 21.9% 38.9% Mexico BOLSA Index ▲ 50,515.60 0.4% 10.7% 6.2% Korea KOSPI Index ▲ 2,347.28 1.2% 15.8% 3.3% Taiwan TAIEX Index ▼ 10,538.51 (0.1%) 13.9% 11.0% Global Markets World MSCI World Index ▲ 1,959.15 0.2% 11.9% 5.3% Asia MSCI Asia Pacific ▼ 160.11 (0.2%) 18.6% 2.3% Europe DJ Stoxx 600 ▲ 373.95 0.1% 3.5% (1.2%) Europe FTSEurofirst 300 ▲ 1,469.84 0.1% 2.9% (0.6%) Emerging Markets MSCI EM Index ▼ 1,083.18 (0.2%) 25.6% 8.6% U.S.A S&P 500 ▲ 2,465.54 0.3% 10.1% 9.5% U.S.A DJIA ▲ 21,807.64 0.3% 10.3% 13.4% U.S.A NASDAQ Composite ▲ 6,393.31 0.3% 18.8% 7.5% UK FTSE 100 ▼ 7,354.13 (0.3%) 3.0% 14.4% Germany DAX ▲ 12,214.54 0.8% 6.4% 6.9% Japan NIKKEI 225 ▲ 19,394.50 0.2% 1.5% 0.4% Hong Kong HANG SENG INDEX ▼ 27,599.22 (0.1%) 25.4% 0.4% Investment Research Department [email protected] Commodities P.O.Box 28873,Safat 13149 Kuwait Oil OPEC Crude ▲ 50.82 1.2% (4.7%) 67.1% Tel: (965) 1852626, Extn: 1153 / 1146 Oil Brent ▼ 54.04 (0.3%) (4.9%) 52.4% Fax: (965) 22492395 Oil Kuwait ▲ 50.70 2.1% (5.0%) 85.5% http://www.kamconline.com Natural Gas NYMEX Natural Gas (USD/MMBtu) ▲ 3.01 0.5% (15.6%) 30.0% KAMCO Investment Company - K.S.C (Public) Gold Gold Spot $/Oz ▲ 1,336.16 0.1% 16.4% 8.1% Source: Bloomberg & KAMCO Research KAMCO Research Boursa Kuwait Daily Report September 7, 2017 Sector Weight by Market Cap Market Capitalization - Sector Returns Insurance Financial Services 1% Real Estate Technology Market Cap. DTD DTD MTD YTD 8% 0.1% 7% (KWD Mn) % Chg % Chg % Chg Oil & Gas Boursa Kuwait 29,537.3 ▲ 0.2% 0.6% 13.1% 1% Oil & Gas 217.3 ▼ (0.0%) 1.0% (5.1%) Basic Materials Basic Materials 835.3 ▼ (0.6%) 0.5% 36.5% 3% Industrials 3,431.9 ▲ 0.1% 0.4% 26.7% Banks Consumer Goods 1,158.6 ▲ 0.0% 0.4% (19.3%) Industrials 50% 12% Health Care 237.5 ═ 0.0% 0.0% 3.8% Consumer Services 739.7 ▲ 1.3% 1.9% 16.7% Consumer Goods Telecommunications 3,183.4 ▲ 0.5% (0.8%) 10.6% Telecom 4% ▲ 11% Banks 14,706.4 0.3% 1.0% 18.7% Insurance 362.2 ▼ (1.0%) (1.9%) 11.8% Consumer Health Care Services Real Estate 2,240.2 ▼ (0.1%) 0.0% 1.8% 0.8% 2% Financial Services 2,396.4 ▲ 0.2% 1.2% (2.0%) Technology 28.2 ▲ 0.7% (2.1%) (10.0%) Top 10 Companies by Market Capitalization Market Breadth 45 51 64 Company Name Market Cap. P/E ROE* Benchmark Return Closing DTD DTD MTD YTD (Mn KWD) (X) (%) Value Chg % Chg % Chg % Chg Price Index 6,918.00 (2.6) (0.0%) 0.4% 20.4% 1- National Bank of Kuwait 4,438.1 14.4 10.7% Weighted Index 433.25 1.0 0.2% 0.6% 14.0% 2- Kuwait Finance House 3,442.1 19.6 9.8% Kuwait 15 Index 993.91 1.8 0.2% 0.9% 12.3% 3- Zain 2,159.2 13.8 13.3% Market Cap (KWD Mn) 29,537 69.5 0.2% 0.6% 13.1% 4- Ahli United Bank - Bahrain 1,670.1 9.5 16.5% Index Performance relative to Volume 450 1,200 5- Agility (PWC Logistics) 1,181.1 18.9 6.6% 1,100 6- Boubyan Bank 1,021.4 23.2 12.5% 1,000 7- Burgan Bank 806.9 10.7 11.3% 420 900 8- Ahli United Bank - Kuwait 804.5 19.5 10.5% 800 9- Kuwait Food Co. (Americana) 803.6 16.6 18.7% 700 390 600 10- Mabanee Co. 740.0 15.1 13.6% WeightedIndex 500 400 Total 17,067 14.99 11.5% 360 300 mil.) (shr. traded Volume *: ROE is calculated based on TTM 1H-2017 net profit & shareholders' equity as of 30-June-17 200 100 Top Movers and Most Active Stocks 330 0 Jul-17 Oct-16 Jan-17 Apr-17 Jun-17 Feb-17 Sep-16 Sep-17 Mar-17 Dec-16 Aug-17 Nov-16 Close Change Percent May-17 Today's Top % Gainers (KWD) (KWD) Change Real Estate Trade Centers Co. 0.050 0.005 10.7% Market Trading Data and Volatility National Industries Co. 0.198 0.019 10.6% IFA Hotels & Resorts Co. 0.280 0.015 5.7% Trading Indicators Today's DTD DTD Average Daily Tijara Real Estate & Investment Co. 0.058 0.002 3.6% Value Chg % Chg YTD 2017 YTD 2016 Injazzat Real Estate Development Co. 0.088 0.003 3.5% Volume (Shrs Mn) 52.5 (34.7) (39.8%) 249.8 123.6 Value Traded (KWD Mn) 9.7 (8.6) (47.2%) 25.3 10.9 Close Change Percent No. of Trades 2,366 (681) (22.3%) 5,291 2,885 Today's Top % Losers (KWD) (KWD) Change Kuwait Co. For Process Plant Const. & Cont. 0.141 (0.024) (14.5%) Zima Holding Co. 0.048 (0.006) (10.8%) Market Volatility** Volatility Since January: Kuwait Insurance Co. 0.275 (0.018) (6.1%) 2016 2015 2014 2013 2012 National International Holding Co. 0.067 (0.004) (5.9%) Price Index 9.5% 9.0% 9.5% 10.0% 9.7% Al Massaleh Real Estate Co. 0.040 (0.002) (3.7%) Weighted Index 10.5% 10.0% 10.1% 9.6% 9.3% **: Annualized Standard Deviation of Daily Returns Close Percent Volume Close Percent Value Today's Most Active by Volume Today's Most Active by Value (KWD) Change (Shares) (KWD) Change (KWD) Kuwait Real Estate Co. 0.062 1.0% 5,075,901 National Bank of Kuwait 0.750 0.8% 2,194,612 Abyaar Real Estate Development Co. 0.027 (1.9%) 4,161,682 Kuwait Finance House 0.597 0.3% 1,301,536 Kuwait Syrian Holding Co. 0.036 (1.6%) 3,835,394 Burgan Bank 0.375 (0.3%) 739,264 Alimtiaz Investment Group 0.177 (1.1%) 3,744,915 Alimtiaz Investment Group 0.177 (1.1%) 664,602 National Bank of Kuwait 0.750 0.8% 2,933,798 Ahli United Bank - Bahrain 0.222 0.0% 635,281 Source: Boursa Kuwait, KAMCO Research 2 KAMCO Research Saudi Tadawul Daily Report September 7, 2017 Index Performance relative to Volume Sector Returns 8,000 650 Market Cap. DTD MTD YTD (SAR Mn) % Chg % Chg % Chg 600 Saudi Stock Exchange 1,729,067 0.6% 0.6% 2.8% 550 7,500 Energy 23,297 0.7% 0.7% (10.8%) Materials 527,931 0.6% 0.6% 3.1% 500 Capital Goods 9,116 0.5% 0.5% (63.1%) 450 Commercial & Professional Svc 8,461 1.2% 1.2% (12.4%) 7,000 Transportation 14,013 0.9% 0.9% (21.4%) 400 Consumer Durables & Apparel 3,582 0.5% 0.5% (3.5%) 350 Consumer Services 15,716 0.3% 0.3% (7.3%) Vol. Traded (Mln. Shares) Traded Vol. TASI Value TASI 6,500 Media 6,154 9.8% 9.8% 91.1% 300 Retailing 35,027 (0.2%) (0.2%) 23.4% Food & Staples Retailing 7,452 0.5% 0.5% 13.0% 250 Food & Beverages 101,988 (0.1%) (0.1%) 15.6% 6,000 200 Health Care Equipment & Svc 28,442 (0.9%) (0.9%) 2.7% Pharma, Biotech & Life Science 4,134 0.6% 0.6% (15.7%) 150 Banks 469,862 1.1% 1.1% 9.5% 5,500 100 Diversified Financials 41,354 0.2% 0.2% (13.1%) Insurance 42,059 (0.2%) (0.2%) (0.9%) 50 Telecommunication Services 169,669 0.4% 0.4% 0.5% Utilities 101,471 0.5% 0.5% 5.1% 5,000 0 REITs 2,842 4.2% 4.2% 412.0% Jul-17 Oct-16 Apr-17 Jun-17 Jan-17 Feb-17 Mar-17 Aug-16 Sep-16 Nov-16 Dec-16 Aug-17 May-17 Real Estate Mgmt & Dev't 116,497 0.6% 0.6% (8.4%) Sectors' MTD % Chg is based on the Change in market cap.
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