Communication and Research Department Monthly Beirut Stock Exchange Statistics As at August 31, 2016 Beirut Stock Exchange Briefing ……………………………………………………………………………………………….......... Page 1 Monthly Market Activity ………………………………………………………………………………………………………......... Page 2 Monthly & YTD Stock Performance & Market Capitalization……………………………………………………………………... Page 3 Closing Prices, Free Float Market Cap. And Full Market Cap. Trends……………………………………………………………… Page 4 Monthly Volume Traded in Previous & Current Year ……………………………………………………………………………… Page 5 Monthly Value Traded in Previous & Current Year ………………………………………………………………………………... Page 6 Volume Traded By Issuer & Security in Previous & Current Year ……………………………………………………………….... Page 7 Value Traded By Issuer & Security in Previous & Current Year …………………………………………………………………... Page 8 Beirut Stock Exchange Monthly Briefing Communication and Research As At August 31, 2016 Beirut Stock Exchange (BSE) Performance measured For the Following Periods For August 2016 BDL All Shares Index Trend From 3 Years From 1 Week (5 From 1 Month From 3 Months (63 From 1 Year (252 From 2 Years From 3 Years (756 140.00 by The BDL Stock Index As Of The Report date From 6 Months (126 W.D.) HIGH LOW W.D.) (21 W.D.) W.D.) W.D.) (504 W.D.) W.D.) 120.00 100.00 87.14 88.76 90.67 93.49 96.04 103.86 119.11 102.67 91.31 87.14 ● BDL All Shares Index (Base Year 1996=100) 80.00 -1.82% -3.90% -6.79% -9.27% -16.10% -26.85% -15.13% -4.57% 60.00 40.00 BDL All Shares Index Performance ▼ ▼ ▼ ▼ ▼ ▼ ▼ ▼ ▬ 20.00 0.00 673.84 671.46 672.34 667.93 677.38 662.94 649.14 635.01 673.84 669.59 From 3 Years From 2 Years From 1 Year From 6 Months From 3 From 1 Month From 1 Week As Of The ● BDL Banks Index (Base Year 1996=100) (756 W.D.) (504 W.D.) (252 W.D.) (126 W.D.) Months (63 (21 W.D.) (5 W.D.) Report date 0.35% 0.22% 0.89% -0.52% 1.64% 3.80% 6.11% 0.63% W.D.) BDL Banks Index Performance ▲ ▲ ▲ ▼ ▲ ▲ ▲ ▬ ▲ 10,965 10,970 11,024 11,346 11,168 12,233 11,861 11,303 11,059 10,948 ● Full Market Cap (Outstanding)(M $) -0.05% -0.53% -3.36% -1.82% -10.36% -7.56% -2.99% -0.85% 0.16% Banks Index Trend From 3 Years Outs. Market Cap. Performance ▼ ▼ ▼ ▼ ▼ ▼ ▼ ▼ ▲ 700.00 10,972 10,978 11,074 11,031 11,048 11,368 10,964 10,389 11,067 10,955 680.00 ● Free Float Market cap (M $) -0.05% -0.92% -0.53% -0.69% -3.48% 0.08% 5.62% -0.85% 0.16% 660.00 FF Market Cap. Performance ▼ ▼ ▼ ▼ ▼ ▲ ▲ ▼ ▲ 640.00 Percenatge Of The Free Float 100.07% 100.07% 100.46% 97.22% 98.93% 92.93% 92.44% 91.91% 100.07% 100.07% 620.00 479.55 479.55 485.28 491.27 460.39 583.11 704.33 543.07 489.41 479.55 600.00 ● Dow Jones Mena Index (Base Year 2009=1000) From 3 Years From 2 Years From 1 Year From 6 Months From 3 From 1 Month From 1 Week As Of The -1.18% -2.39% 4.16% -17.76% -31.91% -11.70% -2.01% (756 W.D.) (504 W.D.) (252 W.D.) (126 W.D.) Months (63 (21 W.D.) (5 W.D.) Report date DJMENA Index Performance ▬ ▼ ▼ ▲ ▼ ▼ ▼ ▼ ▬ W.D.) Trade Types In Report Market Summary ▼ End 2015 YTD August 2016 Previous & Current Year ▼ ● Nb. Of transactions 9,745 5,688 544 year Trade Type Volume Value ($) Nb of Trans. ● Volume Traded 74,774,129 55,171,953 8,614,040 2015 regular 55,437,360 499,066,363 9,739 ● Value Traded (Turnover) ($) 629,973,104 492,580,457 86,436,774 Block Trades 19,336,769 130,906,741 6 ● avg Value Per Working Day ($) 2,592,482 3,059,506 4,116,037 2015 Total 74,774,129 629,973,104 9,745 ● avg Volume Per Working Day 307,712 342,683 410,192 2016 regular 52,903,043 473,106,230 5,685 ● Market Avg (Value / Volume) 8.43 8.93 10.03 Block Trades 2,268,910 19,474,227 3 ● Nb. Of Trading days 243 161 21 2016 Total 55,171,953 492,580,457 5,688 2016 as of MARKET LIQUIDITY ▼ End 2015 the report date ●Turnover Ratio =YTD Value Traded / Avg Market Cap. 5.54% 4.44% ● Percentage of The Free Float 92.74% 100.07% 2016 as of BSE Turnover Ratio in Previous & current Year (Value MARKET SIZE ▼ End the report Free float Market cap Volume Value Traded / Avg Market Cap) date ● Total Number Of Listed Securities 29 As Of The 2016 as of the 2016 as of the 6.00% End 2015 2015 ● Total Number Of Listed Firms Report date date report date report 10 Market 5.00% Concentration Trend ● Average FF Market cap in Current Year ( M of $) 11,365 11,099 Dev and Rec 13.76% 10.37% 6.93% 13.41% 7.65% 4.00% in % From Total► Banking 83.15% 89.15% 92.96% 85.86% 92.18% MARKET STABILITY ▼ BSE Compared with other Countries Markets with approximately similar GDP 3.00% Trading 0.32% 0.07% 0.03% 2.00% (Volatility measured by the standard deviation of Stock Markets Indices on a Daily Basis) Industrial 2.77% 0.42% 0.11% 0.71% 0.17% 1.00% Average Index (Mean) 100.000% 100.00% 100.00% 100.00% 0.00% 2015 2016 ∆ in % 100.00% End 2015 2016 as of the report date BDL Beirut S.E Index 102.29 92.98 -9.10% Amman S.E index 2114.70 2117.95 0.15% Tunisia S.E Index 5339.11 5387.18 0.90% BSE Market Stability Compared to some other Mena S. E. Daily Avg. Vol. Per Year Daily Avg. Val. Per Year Dow jones mena Index 578.60 475.12 -17.88% Markets ( C/V of stock Markets indices on a daily basis) Standard Deviation (σ) 2015 2016 ∆ in % 1,200 9,000 10.00% BDL Beirut S.E Index 7.07 4.09 -42.21% 8,000 9.00% 1,000 Amman S.E index 55.80 22.93 -58.91% 7,000 8.00% 800 6,000 Tunisia S.E Index 262.81 108.55 -58.70% 7.00% 5,000 Dow jones mena Index 50.02 21.36 -57.31% 600 6.00% 4,000 Coefficient of Variation (C/V) = (σ) / (Mean) 2015 2016 ∆ in % 5.00% 400 3,000 BDL Beirut S.E Index 6.91% 4.39% -36.43% 4.00% 2015 2,000 200 Amman S.E index 2.64% 1.08% -58.97% 3.00% 2016 1,000 Tunisia S.E Index 4.92% 2.02% -59.06% 2.00% 0 0 Dow jones mena Index 8.65% 4.49% -48.01% 2009 2010 2011 2012 2013 2014 2015 2016 As 2009 2010 2011 2012 2013 2014 2015 2016 As 1.00% of The of The ●It is to be noted that the actual volatility for the Lebanese stock market could be slightly higher than that observed because of the likely Report Report market illiquidity during times of market turmoil. 0.00% Date Date BDL Beirut S.E Amman S.E Tunisia S.E Dow jones Index index Index mena Index ●The Dow Jones Mena Index covers 11 countries in the Mena region: Bahrain,Egypt,Jordan, Kuwait,Lebanon,Morocco, Oman, Qatar, Saudi Arabia, Tunisia and the United Arab Emirates 1 Market Activity For August 2016 Total Volume 8,614,040 Total Value 86,436,774 Rank to Market Rank to Sector Month Start SECURITY Cur Volume Value ($) Open High Low Close Change % by Volume By Value by Volume By Value Closing Price Official Market Dev and Rec Solidere A USD 237,820 2,273,946 9.67 9.79 9.12 9.16 -3.88% 9.53 5 4 1 1 Solidere B USD 104,697 985,591 9.41 9.66 9.03 9.14 -3.08% 9.43 6 7 2 2 Banking BLC Bank - Listed shares USD 1.69 BLC Bank Pref. Class A USD 100.50 BLC Bank Pref. Class B USD 100.00 BLC Bank Pref. Class C USD 750 75,000 100.00 100.00 100.00 100.00 100.00 18 14 15 12 Bank Audi USD 277,133 1,691,371 6.10 6.20 6.10 6.10 6.10 2 5 2 4 Bank Audi - GDR USD 21,343 130,583 6.20 6.25 6.10 6.10 -1.61% 6.20 9 12 7 10 Bank Audi Pref. Class F USD 3,965 400,465 101.00 101.00 101.00 101.00 0.10% 100.90 14 10 12 8 Bank Audi Pref. Class G USD 1,900 190,570 100.30 100.30 100.30 100.30 100.30 16 11 13 9 Bank Audi Pref. Class H USD 4,300 435,230 100.80 101.30 100.80 101.30 1.30% 100.00 13 9 11 7 Bank of Beirut - Listed shares USD 6,019 113,157 18.80 18.80 18.80 18.80 18.80 12 13 10 11 Bank Of Beirut Priority Shares 2014 USD 21.00 Bank of Beirut Pref. Class H USD 25.50 Bank of Beirut Pref. Class I USD 25.50 Bank of Beirut Pref. Class J USD 1,860 47,709 25.65 25.65 25.65 25.65 0.59% 25.50 17 17 14 15 Byblos Bank USD 269,358 435,790 1.66 1.66 1.60 1.62 -2.41% 1.66 3 8 3 6 Byblos Bank Pref.