Daily Market Report Saudi Arabia Stock Exchange February

Transcription

1 ` 11: 11:15 11:3 11:5 12: 12:15 12:3 12:5 13: 13:15 13:3 13:5 1: 1:15 1:3 1:5 15: 15:15 15:3 February 5 21 TASI Index 8, % Turnover (SAR mn) 6, % Research Department research@alrajhi-capital.com Tel: /Fax: TASI Intra Day Movement Global commentary 8,82 8,8 8,78 8,76 8,7 8,72 8,7 8,68 8,66 8,6 Intraday Previous Close US markets rebounded on Tuesday, as the Dow and the S&P5 gained % and % respectively, supported by a smaller-thanexpected drop in factory orders during December. Orders for goods produced in U.S. factories fell % in December, while economists were expecting a drop of 2%. TASI Activity Trend (Last 1 Days) Turnover (LHS, SAR bn) TASI Index (RHS) 9, 8,8 8,6 8, Regional Indices Close 1D% WTD% YTD% KSA (TASI) 8, Qatar (DSM) 11, Kuw ait (KSE) 7, Abu Dhabi (ADSM), Dubai (DFM) 3, Oman (MSM3) 7, Bahrain (BSE) 1, MSCI GCC Major Commodities / Currencies Close 1D % WTD % YTD % Gold Spot $/Oz 1,255.1 Silver Spot $/Oz Crude Oil (Brent) OPEC Basket Euro USD Index JPY Major Global Indices Close 1D % WTD % YTD % DJ Industrial 15, S&P 5 1, Nikkei 225 1, Hang seng 21, FTSE 1 6, CAC, MSCI World 1, MSCI EM Interest Rates 1M 3M 12M 3M Chg 1Y LIBOR (USD) SAIBOR EIBOR Source: Bloomberg Updated as of 5/Feb/21 8:52 AM European markets were mixed on Tuesday. Germany s DAX fell % after data showed that the country s plant and machinery order intake declined 6% in December as both domestic and foreign demand weakened at the end of the year. The CAC index rose %, while the FTSE1 fell %. Asian markets are trading mixed this morning, with the Nikkei 225 index rebounding 1.2%, followed by the KOSPI, up % higher. On the other hand, Shanghai Composite index is trading % lower, while the Hang Seng is flat. Most GCC regional markets closed in the red on Tuesday with the losses led by Qatar, down %. Abu Dhabi and Oman also fell for the second day, down % and.3%. On the other hand, Dubai bucked the trend for the second day, gaining 1%. TASI recovers part of early losses Major News TASI declined by more than 1% at the opening of the trading session, following weak global cues. However, the index recovered some of the lost ground to close at 8,769, just % lower than Monday s close. Market breadth was comparatively negative as only four sector indices closed up. Advance decline ratio followed as only 1 stocks were up as compared with 1 stocks declined. Trading turnover was SAR6.3bn. Among large sectors, ing and Petrochem declined by.7% each followed by Telecom (-%). Agriculture and witnessed declines of more than 1% each. While SABIC lost marginally, other Petrochem stocks such as Advanced, Sipchem and Petrochem declined by more than 1%. Ma aden signs five contracts: Ma aden said that five EPC contracts were signed in February, to construct five production plants as part of Ma aden s Waad Al Shamal Phosphate project. Financing commitment letters have already been obtained and the financing agreements are expected to be signed in 2Q-1. Prior to that time the cost of implementing the project will be met from funds provided by the partners in proportion to their shareholdings. (Tadawul) Sahara says JV plant completes performance test: Sahara Petrochemical Co. said that its subsidiary, Sahara & Ma aden Petrochemicals Co, has completed the performance test of its plant. The commercial production is expected to be launched in Q2-1. The project will have no impact on Q2-1 financial results because the commercial production has not been launched yet. (Mubasher) 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 7. - Al-Ahlia Coop Ins Al Othaim Taiba Holding Saudi Arab Coop Ins Dar Al Arkan Al Khaleej Train Alujain Corp SIIG Med & Gulf Ins Saudi Re For Coo TASI Mid Cap (5-1% index weight) Sectors Performance TASI Top Index Movers / Losers (Heavy weight stocks) Real Estate Agri Company Last Price Chg % Index Imp Value Trd (SAR mn) Dar Al Arkan Taiba Holding Saudi Cem Al Othaim Maaden Company Last Price Chg % Index Imp Value Trd (SAR mn) Al Rajhi Bk SIIG Savola Samba Sabb Takaful TASI Small Cap (<5% index weight) Sectors Performance TASI Volume Leaders Dar Al Arkan Alinma Bk Emaar Eco City Zain Saudi Saudi Re For Coo Saudi Kayan Maaden Taiba Holding North Reg Cem Sahara Petro TASI Stocks Closer to 52 Week High TASI - Stocks Closer to 52 Week Low Company Last Price 52Wk High % Diff Value Trd (SAR mn) Al Othaim % Al Tayyar % 593 Aminatit % Saptco % 12.8 Emaar Eco City % Source: Al Rajhi Capital, Bloomberg Company Last Price 52Wk Low % Diff Value Trd (SAR mn) Weqaya For Takaf % Al Rajhi Takaful % Arabia % Sanad Coop Ins % Solidarity Saudi % 7.2 Disclosures Please refer to the important disclosures at the back of this report. 2

3 DSM Telecom Real Estate ADSM Real Estate Energy Telecome s Fin. Industrial 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 212A Current 213E Current 12M (%) Saudi Arabia 8, , Qatar 11, Dubai 3, Abu Dhabi, Kuw ait 7, NA Oman 7, Bahrain 1, Source: Al Rajhi Capital, Bloomberg Dubai Activity Trend (Last 1 Days) Dubai Sector Performances Dubai Top Gainers / Losers Turnover (LHS, AED bn) DFMGI Index (RHS) 3,9 3,8 3,7 3, Arabtec Drake & Scull Intl Union Properties Aramex DFM Shuaa Capital Gulf Navigation Deyaar Devt Takaful Emarat Ins Takaful House Abu Dhabi Activity Trend (Last 1 Days) Abu Dhabi Sector Performances Abu Dhabi Top Gainers / Losers Turnover (LHS, AED bn) ADSMI Index (RHS),72,68,6,6,56,52,8, Abu Dhabi Nat Hotels Eshraq Propertie Natl Marine Dredg RAK Ceramics Agthia Group Nat Bk Umm Al Qa Abu Dhabi Natl Taka Al Khazna Ins Waha Capital Union Cement Qatar Activity Trend (Last 1 Days) Qatar Sector Performances Qatar Top Gainers / Losers Turnover (LHS, QAR bn) DSM Index (RHS) 11, 11,2 11, 1, Gulf Intl Servcs Al Meera Doha Qatary investors Vodafone Qatar Barw a Real Est Widam food Ooredoo Ind Qatar Qatar Electric Disclosures Please refer to the important disclosures at the back of this report. 3

4 BSE s Hotel & Tourism Industries KSE Technology Investment Industrial Real estate Fin. Parallel Telecom Basic material Oil&Gas Healthcare Kuwait Activity Trend (Last 1 Days) Kuwait Sector Performances Kuwait Top Gainers / Losers Turnover (LHS, KWD mn) KWSEIDX Index (RHS) 7,85 7,8 7,75 7,7 - - Kout Food Grp Zima Holding Co Strategia Invest Co Investors Holding ACICO Industries Kuw ait & Middle Inv Nafais Holding Kuw ait Hotels Co Gulf Franchising Independent Petro Gp Oman Activity Trend (Last 1 Days) Oman Sector Performances Oman Top Gainers / Losers Turnover (LHS, OMR mn) MSM3 Index (RHS) 7,25 7,2 7,15 7,1 7,5 7, 6, MSM 3 Industry Oman Natl Invest Oman United Ins Al Anw ar Holding Oman & Emir (O) Natl Alum Prod Ominvest Al-Hassan Engg Gulf Invest Svcs Galfar Engineering Bahrain Activity Trend (Last 1 Days) Bahrain Sector Performances Bahrain Top Gainers / Losers 7. - Turnover (LHS, BHD mn) BHSEASI Index (RHS) 1,3 1,295 1,29 1,285 1,28 1,275 1,27 1,265 1, Albaraka ing Bahrain Islamic Bk Bahrain Natl Hldg GFH Al-Salam Ahli United Bk NBB Source: Bloomberg, Al Rajhi Capital Disclosures Please refer to the important disclosures at the back of this report.

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