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MENA Markets Daily Report.Xlsx KAMCO Research MENA Markets Daily Report August 2, 2015 Index DTD YTD FY Country Benchmark Value Change 2015 2014 MENA Countries In this Report… Kuwait KSE Price Index ▲ 6,253.71 0.1% (4.3%) (13.4%) Kuwait ………………………………….2 Kuwait KSE Weighted Index ▲ 418.91 0.0% (4.6%) (3.1%) Saudi Arabia ……………………….3 Kuwait KAMCO TRW Index ▲ 2,680.51 0.0% (2.7%) (1.9%) UAE - Dubai ………………………….4 Saudi Arabia TADAWUL All Share Index ▼ 9,098.27 (0.1%) 9.2% (2.4%) UAE - Abu Dhabi ……………………5 UAE - Dubai DFM General Index ▲ 4,143.21 0.3% 9.8% 12.0% Qatar ……………………………………6 UAE - Abu Dhabi ADX General Index ▲ 4,834.22 0.3% 6.7% 5.6% Bahrain …………………………………7 Qatar QE 20 Index ▼ 11,785.22 (0.3%) (4.1%) 18.4% Oman ……………………………………8 Bahrain Bahrain All Share ▼ 1,331.66 (0.0%) (6.7%) 14.2% Egypt ………………………………….9 Oman MSM 30 Index ▲ 6,558.18 0.0% 3.4% (7.2%) Jordan…………………………… 10 Egypt EGX 30 ▲ 8,191.53 1.1% (8.2%) 31.6% Tunisia ………………………………….11 Jordan ASE Index ▼ 2,125.72 (0.2%) (1.8%) 4.8% Lebanon ……………………………….12 Lebanon KAMCO Beirut SE TRW Index ▲ 1,115.69 0.7% 2.1% 3.5% Morocco……………………….. 13 Tunisia Tunisia Index ▲ 5,634.33 0.4% 10.7% 16.2% Syria ……………………………… 14 Morocco MASI ▲ 9,740.01 0.2% 1.2% 5.6% Syria DSE Weighted Index ▼ 1,212.07 (0.0%) (4.7%) 1.7% Emerging Markets China SSE Composite Index ▼ 3,663.73 (1.1%) 13.3% 52.9% Russia RUSSIAN RTS INDEX ($) ▼ 858.82 (1.0%) 8.6% (45.2%) India SENSEX ▲ 28,114.56 1.5% 2.2% 29.9% Brazil BOVESPA Stock Index ▲ 50,864.77 1.9% 1.7% (2.9%) Mexico BOLSA Index ▲ 44,752.93 0.9% 3.7% 1.0% Korea KOSPI Index ▲ 2,030.16 0.6% 6.0% (4.8%) Taiwan TAIEX Index ▲ 8,665.34 0.2% (6.9%) 8.1% Global Markets World MSCI World Index ▲ 1,765.60 0.3% 3.3% 2.9% Asia MSCI Asia Pacific ▲ 142.05 0.9% 3.0% (2.5%) Europe DJ Stoxx 600 ▲ 396.37 0.0% 15.7% 4.4% Europe FTSEurofirst 300 ▲ 1,572.26 0.1% 14.9% 4.0% Emerging Markets MSCI EM Index ▲ 901.68 0.9% (5.7%) (4.6%) U.S.A S&P 500 ▼ 2,103.84 (0.2%) 2.2% 11.4% U.S.A DJIA ▼ 17,689.86 (0.3%) (0.7%) 7.5% U.S.A NASDAQ Composite ▼ 5,128.28 (0.0%) 8.3% 13.4% UK FTSE 100 ▲ 6,696.28 0.4% 2.0% (2.7%) Germany DAX ▲ 11,308.99 0.5% 15.3% 2.7% Japan NIKKEI 225 ▲ 20,585.24 0.3% 18.0% 7.1% Hong Kong HANG SENG INDEX ▲ 24,636.28 0.6% 4.4% 1.3% Investment Research Department [email protected] Commodities ▲ P.O.Box 28873,Safat 13149 Kuwait Oil OPEC Crude 51.45 1.2% (1.1%) (49.6%) Tel: (965) 1852626, Extn: 1153 / 1146 Oil Brent ▼ 52.21 (2.1%) (17.8%) (45.6%) Fax: (965) 22492395 Oil Kuwait ▼ 51.73 (1.8%) (1.8%) (51.7%) http://www.kamconline.com Natural Gas NYMEX Natural Gas (USD/MMBtu) ▼ 2.72 (1.9%) (9.8%) (33.8%) KAMCO Investment Company - K.S.C ▲ (Public) Gold Gold Spot $/Oz 1,094.30 0.4% (7.9%) (1.4%) Source: Bloomberg & KAMCO Research KAMCO Research Kuwait Market Daily Report August 2, 2015 Sector Weight by Market Cap Market Capitalization - Sectors' Return Insurance Financial Services 1% Real Estate 10% Technology Market Cap. DTD DTD MTD YTD 0.2% 8% (KWD Mn) % Chg % Chg % Chg ▲ Oil & Gas Kuwaiti Stock Exchange 28,646.6 0.0% (0.4%) (3.6%) 1% Oil & Gas 324.8 ▼ (0.2%) (3.6%) (17.0%) Basic Materials Basic Materials 603.6 ▼ (0.8%) (4.5%) (7.0%) 2% Industrials 2,624.7 ▼ (0.3%) (3.1%) (3.8%) Industrials ▲ 9% Consumer Goods 1,579.5 1.4% 6.5% 29.8% ▼ Banks Health Care 190.0 (0.4%) 6.5% 3.4% 49% Consumer Goods Consumer Services 768.5 ▲ 1.4% (1.1%) (1.2%) 6% Telecommunications 2,890.6 ▼ (0.4%) 0.1% (13.6%) Telecom ▼ 10% Banks 14,120.2 (0.1%) (1.2%) (3.2%) ▼ Consumer Health Care Insurance 347.0 (0.3%) (3.2%) (2.8%) Services 0.7% Real Estate 2,366.7 ▲ 0.4% 0.6% (1.1%) 3% Financial Services 2,776.3 ▲ 0.2% 3.3% (7.9%) ▲ Top 10 Companies by Market Capitalization Technology 54.6 0.6% (1.5%) (3.0%) Market Breadth 39 30 123 Company Name Market Cap. P/E ROE* Benchmark Return Closing DTD DTD MTD YTD (Mn KWD) (X) (%) Value Chg % Chg % Chg % Chg KAMCO TRWI 2,680.51 0.8 0.0% (0.2%) (2.7%) 1- National Bank of Kuwait 4,283.8 15.6 10.5% KSE Price Index 6,253.71 8.7 0.1% 0.8% (4.3%) 2- Kuwait Finance House 3,002.0 23.0 7.7% KSE Weighted Index 418.91 0.2 0.0% (0.2%) (4.6%) 3- Zain 1,793.4 10.0 11.8% Kuwait 15 Index 1,014.93 0.8 0.1% (0.2%) (4.2%) 4- Ahli United Bank - Bahrain 1,361.5 9.7 14.6% Market Cap (KWD Mn) 28,647 11.4 0.0% (0.4%) (3.6%) 5- Kuwait Food Co. (Americana) 1,133.6 22.1 13.6% Index Performance relative to Volume 3,050 500 6- Kuwait Projects Co. 1,002.0 21.0 10.0% 3,000 7- Boubyan Bank 876.9 29.3 10.2% 2,950 400 8- Ahli United Bank - Kuwait 866.2 17.2 15.2% 2,900 9- Gulf Bank 853.5 23.4 7.0% 300 10- Burgan Bank 850.5 13.7 9.9% 2,850 2,800 200 Total 16,023 15.98 10.6% 2,750 *: ROE is calculated based on TTM 1Q-2015 net profit & shareholders' equity as of 31-March-15 2,700 100 mil.)(shr. traded Volume Top Movers and Most Active Stocks KAMCO Index Value TRW 2,650 2,600 0 Close Change Percent Jul-14 Jul-15 Apr-15 Jan-15 Oct-14 Jun-15 Feb-15 Sep-14 Dec-14 Mar-15 Aug-14 Nov-14 Today's Top % Gainers May-15 (KWD) (KWD) Change Kuwait Cable Vision 0.034 0.003 8.1% Market Trading Data and Volatility Jeeran Holding Co. 0.054 0.004 8.0% Arkan Al-Kuwait Real Estate Co. 0.114 0.008 7.5% Trading Indicators Today's DTD DTD Average Daily Nafais Holding Co. 0.104 0.007 7.2% Value Chg % Chg YTD 2015 YTD 2014 Specialities Group Holding Co. 0.090 0.005 5.9% Volume (Shrs Mn) 168.3 53.5 46.6% 189.9 218.9 Value Traded (KWD Mn) 15.3 3.5 29.3% 18.1 25.8 Close Change Percent No. of Trades 3,692 866.0 30.6% 4,289 4,707 Today's Top % Losers (KWD) (KWD) Change Wethaq Takaful Insurance Co. 0.049 (0.004) (6.7%) Market Volatility** Volatility Since January: The Energy House Co. 0.060 (0.003) (4.8%) 2015 2014 2013 2012 2011 Educational Holding Group 0.218 (0.010) (4.4%) KAMCO TRW Index 5.4% 6.6% 6.0% 5.9% 6.9% Kuwait Co. For Process Plant Const. & Cont. 0.230 (0.010) (4.2%) KSE Price Index 7.3% 9.5% 10.5% 9.8% 9.6% Salbookh Trading Co. 0.095 (0.004) (4.0%) KSE Weighted Index 8.1% 9.7% 8.9% 8.6% 9.8% **: Annualized Standard Deviation of Daily Returns Close Change Volume Close Change Value Today's Most Active by Volume Today's Most Active by Value (KWD) (KWD) (Shares) (KWD) (KWD) (KWD) Al Dar National Real Estate Co. 0.040 (0.001) 56,227,092 Kuwait Finance House 0.630 0.000 2,424,114 Al-Mal Investment Co. 0.043 0.002 13,005,776 Al Dar National Real Estate Co. 0.040 (0.001) 2,252,904 Al-Madina for Finance & Investment Co. 0.054 0.001 10,197,865 Mezzan Holding Co. 1.200 0.020 1,222,061 National Ranges Co. (MAYADEEN) 0.029 0.000 7,617,579 National Bank of Kuwait 0.850 0.000 783,571 Mubarrad Transport Co. 0.079 (0.001) 6,956,969 kuwait Telecommunication Co. 0.930 0.000 709,887 Source: KAMCO Research Page 2 KAMCO Research Saudi Tadawul Daily Report August 2, 2015 Index Performance relative to Volume Sectors' Return & Valuation Multiples 12,000 600 Market Cap. MTD P/E P/BV Yield (SAR Mn) Return (X) (X) (%) 550 500 Saudi Stock Exchange 2,026,842 0.5% 18.9 2.1 2.4% 11,000 Banks & Financial 562,945 2.0% 13.4 1.9 2.0% 450 Petrochemical Industries 471,748 0.7% 16.0 1.9 2.6% 400 Cement 87,545 (2.1%) 14.0 2.8 5.5% 10,000 350 Retail 93,184 (3.8%) 31.0 6.4 1.4% Energy & Utilities 78,410 5.9% 28.6 1.3 3.8% 300 Agric. & Food Ind. 128,080 1.4% 25.4 4.4 2.1% 250 TASI Value TASI 9,000 Telecom 171,310 1.6% 24.3 2.0 4.1% 200 Insurance 52,397 6.7% 70.4 3.0 0.3% 150 (Mln.
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