Daily Market Report Saudi Arabia Stock Exchange 22 November 2015

Transcription

1 1 1 Thousands 11: 11:15 11:3 11:45 12: 12:15 12:3 12:45 13: 13:15 13:3 13:45 14: 14:15 14:3 14:45 15: 15:15 22 November 215 TASI Index 7, % Turnover (SAR mn) 5,1.9 17% TASI Intra Day Movement Global commentary research@alrajhi-capital.com Tel: ,6 7,4 7,2 7, 6,98 6,96 6,94 6,92 6,9 Intraday TASI Activity Trend (Last 1 Days) Turnover (LHS, SAR bn) Previous Close TASI Index (RHS) 9, 8,5 8, 7,5 7, 6,5 6, 5,5 5, Regional Indices Close 1D% WTD% YTD% KSA (TASI) 7, Qatar (DSM) 1, Kuw ait (KSE) 5, Abu Dhabi (ADSM) 4, Dubai (DFM) 3, Oman (MSM3) 5, Bahrain (BSE) 1, MSCI GCC Major Commodities / Currencies Close 1D % WTD % YTD % Gold Spot $/Oz 1, Silver Spot $/Oz Crude Oil (Brent) OPEC Basket Euro USD Index JPY Major Global Indices Close 1D % WTD % YTD % DJ Industrial 17,824.5 S&P 5 2, Nikkei , Hang seng 22, FTSE 1 6, CAC 4 4, MSCI World 1, MSCI EM Interest Rates 1M 3M 12M 3M Chg 1Y LIBOR (USD) SAIBOR EIBOR Data Sources: Bloomberg Updated as of 22/Nov/215 7:15 AM US stock markets rose in the past week after Fed minutes suggested that the economy is healthy enough to sustain a rate hike. The Nasdaq Composite and Dow Jones advanced 3.6% and 3.4% respectively while S&P 5 gained 3.3%, mainly supported by positive earnings from retail-sector stocks. European markets advanced over the week supported by hopes of further stimulus from ECB and China s decision to cut interest rates for Standing Lending Facility. Also, hopes of rate increase by US Fed boosted the markets. Moreover, markets were also uplifted by gains in defense and energy sectors at the start of the week. DAX and FTSE 1 gained 3.8% and 3.5% respectively while CAC 4 rose 2.1%. Asian markets logged weekly gains as investors considered US Fed indication of a rate hike as an optimistic sign. Moreover, markets were also buoyed by a decline in US dollar from its seven-month high. Hang Seng index added 1.6% while Nikkei 225 and Shanghai Composite rose 1.4% each. KOSPI gained.8% in the past week. GCC markets were mixed in the previous week backed by worries over low oil prices. Bahrain and Oman fell 1.2% and.9% respectively while Kuwait declined.7%. On the other hand, UAE markets rose last week, largely due to bargain hunting. Abu Dhabi and Dubai rose 1.4% and.2% respectively while Qatar added.3% over the last week. Crude oil prices rose 1.1% on Friday on the back of fall in US oil-rig count. Key crude contracts Brent and WTI ended at US$ (+1.1%) and US$ 4.39 (-.4%) respectively. TASI rose 1.16%, closed at 7,34 Major News Tadawul All Share Index (TASI) added 8.61 points or 1.16% to close at 7,38. Thirteen of the fifteen sector indices closed higher. The advance decline ratio was 125/36. Trading turnover was around SAR 5bn. Among the heavyweight sectors, Petrochemical Industries added 1.67%, Telecommunication increased 1%, and ing up.68%. Among other sectors, Industrial Investment surged 3.41%, Real Estate Development advanced 9%, whereas Media and Publishing dropped.56%. STC eyes additional 74% stake in Kuwait's VIVA: Saudi Telecom Co. (STC) submitted on Wednesday a voluntary offer to Kuwait's Capital Market's Authority (CMA) to acquire an additional 74% stake in Kuwait Telecom Co. (VIVA), the Saudi operator said in a bourse statement on Thursday. STC currently owns a 26% stake in the company. (Mubasher) EIC plans 5% dividend for Q2-15, Q3-15: Electrical Industries Company s (EIC) board of directors recommended on Wednesday a five percent cash dividend to be issued at SAR.5 per share for the second and third quarters of 215. (Argaam) Disclosures: Please refer to the important disclosures at the back of this report. 1

2 Cement Industries Building Retail Energy Multi invt Hotels Media TASI Large Cap (>1% Index weight) Sectors Performance TASI Top Gainers / Losers TASI Petrochem s Telecom Red Sea Housing Maaden Basic Chemical Ind National Gas & Ind Makkah Const Alinma Tokio Mar Al-Ahlia Coop Ins Ash-Sharqiyah Devt Anaam Intl Hldg Arabia TASI Mid Cap (5-1% index weight) Sectors Performance TASI Top Index Movers / Losers (Heavy weight stocks) Real Estate Agri -2 Company Last Price Chg % Index Imp Value Trd (SAR mn) Sabic Al Rajhi Bk Maaden Jabal Omar Savola Company Last Price Chg % Index Imp Value Trd (SAR mn) Banq Saudi Fr Al Tayyar SGS Yamamah Cem Alinma Tokio Mar TASI Small Cap (<5% index weight) Sectors Performance TASI Volume Leaders Alinma Bk Dar Al Arkan Emaar Eco City Sabic Maaden Know Econ City Saudi Fisheries Saudi Kayan Alinma Tokio Mar Saudi Printing & Pkg TASI Stocks Closer to 52 Week High TASI - Stocks Closer to 52 Week Low Company Last Price 52Wk High % Diff Value Trd (SAR mn) Sanad Coop Ins % Weqaya For Takaf % Saudi Res and Mktg % 69.2 STC % National Medical % Company Last Price 52Wk Low % Diff Value Trd (SAR mn) Sanad Coop Ins % Weqaya For Takaf % Yanbu Cem % 7.8 Riyad % Al Jouf Cement % Disclosures Please refer to the important disclosures at the back of this report. 2

3 1 1 DSM Telecom Real Estate 1 1 ADSM Real Estate Energy Telecome s Fin. Industrial 1 1 DFM Reality Investment Telcom Performance of Regional markets Country Last Index Change (%) MCap Volume Turnover P/E (x) P/E (x) P/E (x) P/B (x) Div Yld Close 1D 1M YTD US$ bn mn shr US$ mn 214 Current 215E Current 12M (%) Saudi Arabia 7, , Qatar 1, Dubai 3, Abu Dhabi 4, Kuw ait 5, NA 14.7 NA 4.5 Oman 5, Bahrain 1, NA 7.9 NA Dubai Activity Trend (Last 1 Days) Dubai Sector Performances Dubai Top Gainers / Losers.8.4 Turnover (LHS, AED bn) DFMGI Index (RHS) 3,4 3,35 3,3 3,25 3,2 3,15 3,1 3,5 3, Ajman Amlak Finance Arabtec DIB Dubai Parks Takaful Emarat Ins Abu Dhabi Activity Trend (Last 1 Days) Abu Dhabi Sector Performances Abu Dhabi Top Gainers / Losers.5 Turnover (LHS, AED bn) ADSMI Index (RHS) 4,5 4, UNB Natl Marine Dredg Abu Dhabi Nat Co Finance House Abu Dhabi Nat Hotels Union Abu Dhabi Ship Sharjah Islamic Bk Qatar Activity Trend (Last 1 Days) Qatar Sector Performances Qatar Top Gainers / Losers Turnover (LHS, QAR bn) DSM Index (RHS) 11,6 11,2 1,8 1, Doha Ooredoo Barw a Real Est QIsB Qatar Qatar Navigation CBQ Mazaya Qatar Aamal Co Gulf Intl Servcs Disclosures Please refer to the important disclosures at the back of this report. 3

4 1 1 BSE s Hotel & Tourism Industries KSE Technology Investment Industrial Real estate Fin. Parallel Telecom Basic material Oil&Gas Healthcare Thousands Kuwait Activity Trend (Last 1 Days) Kuwait Sector Performances Kuwait Top Gainers / Losers Turnover (LHS, KWD mn) KWSEIDX Index (RHS) 5,8 5,78 5,76 5,74 5,72 5,7 5,68 5,66 5, Privatization Hldg Ifa Hotels & Res Kout Food Grp Metal & Recycle Co Yiaco Medical Co Kipco Asset Mgmt Gulf Invest House Gulf Franchising Warba Sanam Real Est Oman Activity Trend (Last 1 Days) Oman Sector Performances Oman Top Gainers / Losers Turnover (LHS, OMR mn) MSM3 Index (RHS) 5,95 5,9 5,85 5,8 5,75 5, Al-Anw ar Ceramic MSM 3 Industry - Renaissance Serv Shell Oman Mktg Oman Telecom Sembcorp Oman Invest &Fin Galfar Engineering Al Anw ar Holding Al Batinah Pow er Al Sharqiya Inv Bahrain Activity Trend (Last 1 Days) Bahrain Sector Performances Bahrain Top Gainers / Losers Turnover (LHS, BHD mn) BHSEASI Index (RHS) 1,26 1,25 1,24 1,23 1,22 1,21 1, Ahli United Bk Khaleeji Com Bk Al-Salam Disclosures Please refer to the important disclosures at the back of this report. 4

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