Daily Market Report Saudi Arabia Stock Exchange 05 April 2018
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1 22-Mar 10:00 10:15 10:30 10:45 11:00 11:15 11:30 11:45 12:00 12:15 12:30 12:45 13:00 13:15 13:30 13:45 14:00 14:15 14:30 14:45 15:00 05 April 2018 TASI Index 7, % Turnover (SAR mn) 5, % TASI Intra Day Movement 7,880 7,860 7,840 7,820 7,800 7,780 7,760 Intraday TASI Activity Trend (Last 10 Days) Turnover (LHS, SAR bn) Previous Close TASI Index (RHS) 8,000 7,500 7,000 6,500 6,000 Regional Indices Close 1D% WTD% YTD% KSA (TASI) 7, Qatar (DSM) 8, Kuw ait (KSE) 4, NA NA Abu Dhabi (ADSM) 4, Dubai (DFM) 3, Oman (MSM30) 4, 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 24, S&P 500 2, Nikkei , Hang seng 29, FTSE 100 7, CAC 40 5, MSCI World 2, MSCI EM 1, Interest Rates 1M 3M 12M 3M Chg 1Y LIBOR (USD) SAIBOR EIBOR Data Sources: Bloomberg Updated as of 05/Apr/2018 8:42 AM Global commentary Research Department research@alrajhi-capital.com Tel: US stock markets advanced on Wednesday, as investors brushed aside concerns over a trade war between the US and China. The Nasdaq Composite Index and the S&P 500 gained 1.5% and 1.2%, respectively while the Dow Jones rose 1%. Meanwhile, the ADP employment change data was better-than expected (241K in Mar Vs 205K consensus), whereas the factory orders data was weaker-thanexpected (+1.2% m-o-m in Feb Vs +1.7% m-o-m consensus). European markets declined on Wednesday. The DAX dropped 0.4%, dragged down by automobile and technology stocks; while the CAC 40 lost 0.2%, pushed down by the industrials and materials sectors. However, the FTSE 100 edged up 0.1%. On the economic data front, the Eurozone s consumer inflation (preliminary) (+1.4% y-o-y in Mar) and the unemployment rate (8.5% in Feb) were in line with expectations. Most stock markets in the GCC region dropped yesterday. Kuwait (Premier Market) and Bahrain slipped 0.8% and 0.6%, respectively while Dubai lost 0.3%, dragged down by Emaar Properties. Qatar fell 0.2%, pulled down by financial stocks. However, Abu Dhabi and Oman gained 0.5% and 0.4%, respectively. Asian markets are trading in the green this morning, tracking cues from the US. The Nikkei 225 is up 1.7%, driven by telecom and pharma shares, while the KOSPI is up 1.4%. Meanwhile, the Shanghai Composite Index and the Hang Seng Index are closed on account of a holiday. Brent crude dropped 0.2% on Wednesday, owing to concerns over trade war. However, the drop was trimmed as the EIA reported a weekly fall in the US crude oil inventories. Key crude contracts Brent and WTI ended at US$ (-0.2%) and US$ (-0.2%), respectively. Saudi commentary Tadawul All Share Index (TASI) rose points or 0.92% to close at 7, Eighteen of the twenty sector indices closed higher. The advance decline ratio was 123/53. Trading turnover was around SAR 5.4bn. Dur to pay dividend for H on April 12: Dur Hospitality Co. will pay a 3% cash dividend for the second half of 2017 on April 12. Earlier this week, the company s general assembly approved the dividend, to be issued at SAR 0.3 per share, amounting to SAR 30 million. (Source: Tadawul) Prince Mohammed, Walt Disney CEO discuss investments: Saudi Crown Prince Mohammed bin Salman met Walt Disney s chief executive, Robert Bob Allen Iger, in Los Angeles and explored opportunities for potential cooperation in entertainment, culture and film-making industry. (Source: SPA) Jabal Omar plans to boost revenue by sale-on-deposit deals: Jabal Omar Development Co. is expected to generate SAR 4 to 4.5 billion revenue from selling out Phase III of the Address Hotel project by sale-on-deposit arrangements, said CEO Yaser Al Sharif. (Source: Al Arabiya TV) Please see penultimate page for additional important disclosures. Al Rajhi Capital (Al Rajhi) is a foreign broker-dealer unregistered in the USA. Al Rajhi research is prepared by research analysts who are not registered in the USA. Al Rajhi research is distributed in the USA pursuant to Rule 15a-6 of the Securities Exchange Act of 1934 solely by Rosenblatt Securities, an SEC registered and FINRA-member broker-dealer. 1
2 Energy Health Care Equipment & Svc Consumer Services Transport Food & Staples Retailing Diversified Financials Commercial & Professional Svc Pharma Consumer Durables & Apparel Media TASI Large Cap (>10% Index weight) Sectors Performance TASI Top Gainers / Losers TASI Materials Banks Real Estate Telecom Company Last Price Chg % Vol (mn) Value Trd (SAR mn) Bupa Arabia Alsorayai Group Co For Coop Ins Abd A.M. Al Khodari Jarir Mktg Company Last Price Chg % Vol (mn) Value Trd (SAR mn) Saudi Cable Co Makkah Const SACO Aldrees Petroleum Al Othaim TASI Mid Cap (5-10% index weight) Sectors Performance TASI Top Index Movers / Losers (Heavy weight stocks) 3.0 Food & Beverages Capital Goods Utilities Retailing Company Last Price Chg % Index Imp Value Trd (SAR mn) Al Rajhi Bk STC Jarir Mktg Samba Dar Al Arkan Company Last Price Chg % Index Imp Value Trd (SAR mn) Jabal Omar Makkah Const National Shipp Al Othaim Bank Al-Jazira TASI Small Cap (<5% index weight) Sectors Performance TASI Volume Leaders Company Last Price Chg % Vol (mn) Value Trd (SAR mn) Dar Al Arkan Alinma Bk Saudi Kayan Bank Al-Jazira Abd A.M. Al Khodari Sabic Saudi Paper Mfg NIC Sahara Petro Al Rajhi Bk TASI Stocks Closer to 52 Week High TASI - Stocks Closer to 52 Week Low Company Last Price 52Wk High % Diff Value Trd (SAR mn) Astra Industrial Gp % Petro Rabigh % NIC % Alinma Bk % 7691 Saudi Kayan % Company Last Price 52Wk Low % Diff Value Trd (SAR mn) Al Rajhi REIT % Etihad Atheeb % Jabal Omar % Wafa % Yamamah Cem % Disclosures Please refer to the important disclosures at the back of this report. 2
3 Summary of our Coverage Mcap Last ADTV P/E (x) EV/EBITDA (x) TP Upside (%) (SAR) (SARmn) Price (SARmn) 2016A 2017A 2018E 2016A 2017A 2018E 2017A Div. Yield (%) SABIC 344, (8.51) x 18.7x 17.7x 7.3x 8.0x 8.9x 3.7% Sipchem 7, (14.83) x 18.3x 16.1x 8.8x 8.1x 8.2x 2.3% SAFCO 28, (10.42) x 33.0x 19.8x 23.6x 20.6x 16.1x 2.5% NIC 13, (25.78) x 18.9x 20.8x 25.6x 24.3x NA % Yansab 40, (5.27) x 17.1x 16.3x 8.4x 8.9x 11.1x 4.6% APCC 9, (3.79) x 15.3x 14.2x 11.7x 11.4x 11.3x 5.7% Arabian Cement 3, x 13.3x 22.3x 10.2x 8.8x 9.1x 11.4% Yamama Cement 3, x 29.6x 24.2x 13.4x 13.3x 11.2x % Saudi Cement 7, (14.91) x 16.7x 1x 16.3x 11.3x 12.3x 8.1% Qassim Cement 3, (7) 2.6 2x 1x 18.1x 16.8x 10.5x 9.4x 6.9% Yanbu Cement 5, (3.31) 8.7 2x 15.9x 17.4x 1x 10.2x 10.6x 6.2% Southern Cement 6, (0.14) x 16.7x 15.2x 20.7x 12.7x 11.3x 3.4% Ma'aden 62, (18.69) 29.1 NM 87.7x 42.4x 18.9x 2x 18.3x % Telecom STC 166, (5.89) x 16.5x 16.3x 7.1x 6.7x 8.2x 4.8% Mobily 11, (12.19) 37.0 NM NM NM 9.0x 6.7x 6.1x % Zain 4, NM NM 29.8x 6.3x 5.6x 5.2x % Food & Agriculture Almarai 54, (12.32) x 25.2x 24.5x 14.7x 14.4x 1x 1.4% Savola 23, (8.62) 15.2 NM 22.9x 24.5x NM 33.6x 14.3x 2.3% Herfy 3, NA UR x 15.8x 14.9x 13.7x 11.6x 11.4x 4.3% Catering 6, x 14.2x 13.0x 14.3x NM 11.2x 6.6% Retail Jarir 16, (7.08) x 18.5x 17.4x 11.6x 14.8x 17.2x 3.5% Alhokair 5, x 14.6x 1x 11.4x 9.7x 8.2x % Alothaim 6, (3.76) x 15.6x 19.0x 9.9x 11.4x 13.3x 3.2% Extra 2, (12.37) 20.9 NM 20.6x 21.4x 4.4x 1x 15.3x 2.9% Shaker x NM NM 29.0x NM NM % Healthcare Dallah 6, x 20.7x 21.2x 16.0x 17.4x 16.8x 2.4% Mouwasat 8, (17.03) 7.8 2x 26.7x 25.6x 16.8x 17.2x 19.4x 1.7% NMCC 2, (16.65) x 31.6x 23.4x 17.8x 11.8x 16.3x 1.7% Al Hammadi 4, x 40.9x 28.0x 28.6x 24.5x 19.5x % Other Bahri 12, NA UR x 15.5x 1x 12.7x 10.9x 9.2x 4.8% Source: Bloomberg, AlRajhi capital * Fawaz Al Hokair fiscal ending is March, hence 2017e corresponds to Year ending March 2018 Disclosures Please refer to the important disclosures at the back of this report. 3
4 22-Mar DFM Bank Reality Investment Transport Telcom Services Performance of Regional markets Country Last Index Change (%) MCap Volume Turnover P/E (x) P/B (x) Div Yld Close 1D 1M YTD US$ bn mn shr US$ mn 12M Current 12M (%) Saudi Arabia 7, , Qatar 8, Dubai 3, Abu Dhabi 4, Kuw ait (Premier Market) 4, NA NA Oman 4, Bahrain 1, ; Note: P/E & Div Yield LTM basis Performance of FTSE Emerging Index Country Last Index Change (%) MCap Volume Turnover P/E (x) P/B (x) Div Yld Close 1D 1M YTD US$ bn mn shr US$ mn 12M Current 12M (%) Brazil 84, , Czech Republic 1, Greece Hungary 37, Malaysia 1, Mexico 47, South Africa 54, , Taiw an 10, ,107 2,161 3, Thailand 1, ,594 2, Turkey 113, ,070 1, Chile 5, , China 3, ,509 8,873 20, Colombia 1, Egypt 1, India 10, , , Indonesia 6, , Kuw ait 4, NA NA Pakistan 46, Peru 1, Philippines 7, Qatar 8, Russia 1, , UAE 4, FTSE Emerging Index ,736 32,891 21, Dubai Activity Trend (Last 10 Days) Dubai Sector Performances Dubai Top Gainers / Losers 0.4 Turnover (LHS, AED bn) DFMGI Index (RHS) 3,160 3,140 3,120 3,100 3,080 3,060 Amlak Finance Drake & Scull Intl Dubai Islamic Ins Gulf Navigation DFM DXB Entertainments Gulf General Inv Dubai Invest Tabreed Aramex Disclosures Please refer to the important disclosures at the back of this report. 4
5 22-Mar KSE Technology Investment Industrial Real estate Bank Fin. Services Parallel Services Telecom Consumer Basic material Oil&Gas Healthcare 22-Mar DSM Bank Telecom Consumer Transport Real Estate 22-Mar ADSM Real Estate Energy Telecome Banks Fin.Services Industrial Services Consumer Abu Dhabi Activity Trend (Last 10 Days) Abu Dhabi Sector Performances Abu Dhabi Top Gainers / Losers 0.5 Turnover (LHS, AED bn) ADSMI Index (RHS) 5,000 4, Comm Bk Intl UNB Abu Dhabi Nation Sharjah Islamic Bk FAB Waha Capital Aldar Prop Dana Gas Agthia Group Etisalat Qatar Activity Trend (Last 10 Days) Qatar Sector Performances Qatar Top Gainers / Losers Turnover (LHS, QAR bn) DSM Index (RHS) 9,200 8,800 8, Vodafone Qatar Qatar Intl Is Bk CBQ Ind Qatar QNB INVESTMENT HOLDI Nakilat Qatar First Bank Barw a Real Est Doha Bank Kuwait Activity Trend (Last 10 Days) Kuwait Sector Performances Kuwait Top Gainers / Losers Turnover (LHS, KWD mn) KWSEIDX Index (RHS) 5,000 4,950 4,900 4,850 4,800 4, Boubyan Bank Kuw ait Intl Bk Ahli United Bank Mabanee Co Boubyan Petrochem Gulf Bank Oman Activity Trend (Last 10 Days) Oman Sector Performances Oman Top Gainers / Losers Turnover (LHS, OMR mn) MSM30 Index (RHS) 4,820 4,800 4,780 4,760 4,740 4,720 4, MSM 30 Bank Industry Services Oman & Emir (O) HSBC Bank Oman Galfar Engineering Bank Sohar Al Madina Al Sharqiya Inv Al Jazeira Ser Oman Fisheries Al Anw ar Holding Raysut Cement Disclosures Please refer to the important disclosures at the back of this report. 5
6 22-Mar BSE Banks Hotel & Tourism Industries Services Bahrain Activity Trend (Last 10 Days) Bahrain Sector Performances Bahrain Top Gainers / Losers Turnover (LHS, BHD mn) BHSEASI Index (RHS) 1,340 1,330 1,320 1,310 1,300 1,290 1,280 1,270 1,260 1, Gulf Hotel Group Ithmaar Bank Arab Banking Corp Ahli United Bk Disclosures Please refer to the important disclosures at the back of this report. 6
7 IMPORTANT DISCLOSURES FOR U.S. PERSONS This research report was prepared by Al Rajhi Capital (Al Rajhi), a company authorized to engage in securities activities in Saudi Arabia. Al Rajhi is not a registered broker-dealer in the United States and, therefore, is not subject to U.S. rules regarding the preparation of research reports and the independence of research analysts. This research report is provided for distribution to major U.S. institutional investors in reliance on the exemption from registration provided by Rule 15a-6 of the U.S. Securities Exchange Act of 1934, as amended (the Exchange Act ). Any U.S. recipient of this research report wishing to effect any transaction to buy or sell securities or related financial instruments based on the information provided in this research report should do so only through Rosenblatt Securities Inc, 40 Wall Street 59th Floor, New York, NY 10005, a registered broker dealer in the United States. 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Daily Market Report Saudi Arabia Stock Exchange 08 April 2018
25-Mar 10:00 10:15 10:30 10:45 11:00 11:15 11:30 11:45 12:00 12:15 12:30 12:45 13:00 13:15 13:30 13:45 14:00 14:15 14:30 14:45 15:00 08 April 2018 TASI Index 7,953.4 4% Turnover (SAR mn) 5,557.5 3% TASI
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4-Apr 1 10:00 10:15 10:30 10:45 11:00 11:15 11:30 11:45 12:00 12:15 12:30 12:45 13:00 13:15 13:30 13:45 14:00 14:15 14:30 14:45 15:00 18 April 2018 TASI Index 8,096.4 0.57% Turnover (SAR mn) 5,041.5 2%
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30-Jul 1 10:00 10:15 10:30 10:45 11:00 11:15 11:30 11:45 12:00 12:15 12:30 12:45 13:00 13:15 13:30 13:45 14:00 14:15 14:30 14:45 15:00 13 August 2018 TASI Index 8,064.9-1.36% Turnover (SAR mn) 3,296.0-24%
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15-Aug 10:00 10:15 10:30 10:45 11:00 11:15 11:30 11:45 12:00 12:15 12:30 12:45 13:00 13:15 13:30 13:45 14:00 14:15 14:30 14:45 15:00 05 September 2018 TASI Index 7,968.2 0.32% Turnover (SAR mn) 2,500.8
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10:00 10:15 10:30 10:45 11:00 11:15 11:30 11:45 12:00 12:15 12:30 12:45 13:00 13:15 13:30 13:45 14:00 14:15 14:30 14:45 15:00 25 March 2018 TASI Index 7,840.9 1.02% Turnover (SAR mn) 5,115.5 24% TASI Intra
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6-Aug 10:00 10:15 10:30 10:45 11:00 11:15 11:30 11:45 12:00 12:15 12:30 12:45 13:00 13:15 13:30 13:45 14:00 14:15 14:30 14:45 15:00 27 August 2018 TASI Index 7,978.8 1.42% Turnover (SAR mn) 1,785.7-30%
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Thousands ` 11: 11:15 11:3 11:5 : :15 :3 :5 13: 13:15 13:3 13:5 1: 1:15 1:3 1:5 15: 15:15 22 April 215 TASI Index 9,55.9 -.32% Turnover (SAR mn),17.3 -% TASI Intra Day Movement Global commentary research@alrajhi-capital.com
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21-Aug 22-Aug Thousands 10:00 10:15 10:30 10:45 11:00 11:15 11:30 11:45 12:00 12:15 12:30 12:45 13:00 13:15 13:30 13:45 14:00 14:15 14:30 14:45 15:00 11 Sep 2017 TASI Index 7,378.0 0.24% Turnover (SAR
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31-Oct 1 10:00 10:15 10:30 10:5 11:00 11:15 11:30 11:5 1:00 1:15 1:30 1:5 13:00 13:15 13:30 13:5 1:00 1:15 1:30 1:5 15:00 1 November 018 TASI Index 7,751.0-0.31% Turnover (SAR mn) 3,079. -8% TASI Intra
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10:00 10:15 10:30 10:45 11:00 11:15 11:30 11:45 12:00 12:15 12:30 12:45 13:00 13:15 13:30 13:45 14:00 14:15 14:30 14:45 15:00 28 November 2018 TASI Index 7,573.5 0.59% Turnover (SAR mn) 2,482.5-10% TASI
More informationDaily Market Report Saudi Arabia Stock Exchange 20 November 2018
1 10:00 10:15 10:30 10:5 11:00 11:15 11:30 11:5 1:00 1:15 1:30 1:5 13:00 13:15 13:30 13:5 1:00 1:15 1:30 1:5 15:00 0 November 018 TASI Index 7,560.1 0.8% Turnover (SAR mn),780.9-8% TASI Intra Day Movement
More informationDaily Market Report Saudi Arabia Stock Exchange 29 March 2016
Thousands 11:00 11:15 11:30 11:45 12:00 12:15 12:30 12:45 13:00 13:15 13:30 13:45 14:00 14:15 14:30 14:45 15:00 15:15 29 March 2016 TASI Index 6,268.7 0.19% Turnover (SAR mn) 5,286.7 10% TASI Intra Day
More informationDaily Market Report Saudi Arabia Stock Exchange 27 Nov 2017
10:00 10:15 10:30 10:45 11:00 11:15 11:30 11:45 12:00 12:15 12:30 12:45 13:00 13:15 13:30 13:45 14:00 14:15 14:30 14:45 15:00 27 Nov 2017 TASI Index 6,933.8 0.81% Turnover (SAR mn) 2,772.2-8% TASI Intra
More informationDaily Market Report Saudi Arabia Stock Exchange 10 September 2018
27-Aug 10:00 10:15 10:30 10:45 11:00 11:15 11:30 11:45 12:00 12:15 12:30 12:45 13:00 13:15 13:30 13:45 14:00 14:15 14:30 14:45 15:00 10 September 2018 TASI Index 7,729.1 0.54% Turnover (SAR mn) 1,980.8-47%
More informationDaily Market Report Saudi Arabia Stock Exchange 14 June 2017
1 Thousands 10:00 10:15 10:30 10:45 11:00 11:15 11:30 11:45 12:00 12:15 12:30 12:45 13:00 13:15 13:30 13:45 14:00 14:15 14:30 14:45 14 June 2017 TASI Index 6,820.6-3% Turnover (SAR mn) 1,640.1-11% TASI
More informationDaily Market Report Saudi Arabia Stock Exchange 25 June 2015
` Thousands 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 25 June 215 TASI Index 9,313.1.36% Turnover (SAR mn),283.5-11% TASI Intra Day Movement Global commentary
More informationDaily Market Report Saudi Arabia Stock Exchange 15 February 2015
Thousands ` 11: 11:15 11:3 11:5 : :15 :3 :5 13: 13:15 13:3 13:5 1: 1:15 1:3 1:5 15: 15:15 15 February 215 TASI Index 9,257.5 1.36% Turnover (SAR mn),51.3 -% TASI Intra Day Movement 9,3 9,25 9,2 9,15 9,
More informationDaily Market Report Saudi Arabia Stock Exchange 12 February 2015
Thousands ` 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 12 February 215 TASI Index 9,133.7-1.79% Turnover (SAR mn),71.3-1% TASI Intra Day Movement 9,35 9,3 9,25
More informationDaily Market Report Saudi Arabia Stock Exchange 22 November 2015
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 7,34.1 1.16% Turnover (SAR mn) 5,1.9 17% TASI Intra Day Movement Global
More informationDaily Market Report Saudi Arabia Stock Exchange 17 Aug 2016
1 Thousands 10:00 10:15 10:30 10:5 11:00 11:15 11:30 11:5 12:00 12:15 12:30 12:5 13:00 13:15 13:30 13:5 1:00 1:15 1:30 1:5 17 Aug 2016 TASI Index 6,328.6-0.6% Turnover (SAR mn) 2,99 8% TASI Intra Day Movement
More informationDaily Market Report Saudi Arabia Stock Exchange 30 November 2016
16-Nov 17-Nov 20-Nov 21-Nov 22-Nov 23-Nov 24-Nov 27-Nov 28-Nov 29-Nov Thousands 10:00 10:15 10:30 10:45 11:00 11:15 11:30 11:45 12:00 12:15 12:30 12:45 13:00 13:15 13:30 13:45 14:00 14:15 14:30 14:45 30
More informationDaily Market Report Saudi Arabia Stock Exchange 18 January 2016
1 Thousands 11:00 11:15 11:30 11:45 12:00 12:15 12:30 12:45 13:00 13:15 13:30 13:45 14:00 14:15 14:30 14:45 15:00 15:15 18 January 2016 TASI Index 5,520.4-5.44% Turnover (SAR mn) 5,269.8-1% TASI Intra
More informationDaily Market Report Saudi Arabia Stock Exchange 13 October 2016
2-Oct Thousands 10:00 10:15 10:30 10:45 11:00 11:15 11:30 11:45 12:00 12:15 12:30 12:45 13:00 13:15 13:30 13:45 14:00 14:15 14:30 14:45 13 October 2016 TASI Index 5,692.7 0.66% Turnover (SAR mn) 2,795.9-12%
More informationDaily Market Report Saudi Arabia Stock Exchange 14 July 2015
Thousands 11: 11:15 11:3 11:5 1: 1:15 1:3 1:5 13: 13:15 13:3 13:5 1: 1:15 1:3 1:5 15: 15:15 1 July 15 TASI Index 9,9..1% Turnover (SAR mn) 3,515. -39% TASI Intra Day Movement Global commentary research@alrajhi-capital.com
More informationDaily Market Report Saudi Arabia Stock Exchange February
` 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 8,768.9-3% Turnover (SAR mn) 6,336.7 2% Research Department research@alrajhi-capital.com
More informationDaily Market Report Saudi Arabia Stock Exchange February
` 11: 11:15 11:3 11:45 1: 1:15 1:3 1:45 13: 13:15 13:3 13:45 14: 14:15 14:3 14:45 15: 15:15 15:3 February 3 14 TASI Index 8,835.1 5% Turnover (SAR mn) 7,18 16% Research Department research@alrajhi-capital.com
More informationDaily Market Report Saudi Arabia Stock Exchange January
` 11: 11:15 1-Jan 11:3 11:5 12: 12:15 12:3 12:5 13: 13:15 13:3 13:5 1: 1:15 1 1:3 1:5 15: 15:15 15:3 January 1 21 TASI Index 8,711.9-3% Turnover (SAR mn) 6,518.6 % Research Department research@alrajhi-capital.com
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Thousands 11:00 11:15 11:30 11:5 12:00 12:15 12:30 12:5 13:00 13:15 13:30 13:5 1:00 1:15 1:30 1:5 15:00 15:15 22 March 201 TASI Index,.1 % Turnover (SAR mn),3. % TASI Intra Day Movement Global commentary
More informationDaily Market Report Saudi Arabia Stock Exchange 9 February 2016
Thousands 11:00 11:15 11:30 11:45 12:00 12:15 12:30 12:45 13:00 13:15 13:30 13:45 14:00 14:15 14:30 14:45 15:00 15:15 9 February 2016 TASI Index 5,905.5 0.16% Turnover (SAR mn) 5,266.4 9% TASI Intra Day
More informationDaily Market Report Saudi Arabia Stock Exchange 24 June 2015
` Thousands 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 2 June 215 TASI Index 9,279.7 5% Turnover (SAR mn),837.7-3% TASI Intra Day Movement Global commentary research@alrajhi-capital.com
More informationDaily Market Report Saudi Arabia Stock Exchange 20 July 2016
29-Jun 30-Jun Thousands 10:00 10:15 10:30 10:5 11:00 11:15 11:30 11:5 12:00 12:15 12:30 12:5 13:00 13:15 13:30 13:5 1:00 1:15 1:30 1:5 20 July 201 TASI Index,.9-3% Turnover (SAR mn) 3,812.8-8% TASI Intra
More informationDaily Market Report Saudi Arabia Stock Exchange February
` 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 9 21 TASI Index,19.3.3% Turnover (SAR mn) 5, 3% Research Department research@alrajhi-capital.com Tel:+966
More informationDaily Market Report Saudi Arabia Stock Exchange 29 December 2015
24-Dec Thousands 11:00 11:15 11:30 11:45 12:00 12:15 12:30 12:45 13:00 13:15 13:30 13:45 14:00 14:15 14:30 14:45 15:00 15:15 29 December 2015 TASI Index 6,992.2 0.66% Turnover (SAR mn) 5,191.7 19% TASI
More informationDaily Market Report Saudi Arabia Stock Exchange 23 Nov 2017
1 10:00 10:15 10:30 10:45 11:00 11:15 11:30 11:45 12:00 12:15 12:30 12:45 13:00 13:15 13:30 13:45 14:00 14:15 14:30 14:45 15:00 23 Nov 2017 TASI Index 6,822.5 0.65% Turnover (SAR mn) 2,627.5 17% TASI Intra
More informationLatest Research. - Saudi Arabian Economy: Daily Market Report
2-Oct Thousands 10:00 10:15 10:30 10:45 11:00 11:15 11:30 11:45 12:00 12:15 12:30 12:45 13:00 13:15 13:30 13:45 14:00 14:15 14:30 14:45 9 October 2016 TASI Index 5,631.3 0.83% Turnover (SAR mn) 3,030.4-13%
More informationDaily Market Report Saudi Arabia Stock Exchange 14 November 2016
7-Nov 8-Nov 9-Nov 10-Nov 1 Thousands 10:00 10:15 10:30 10:45 11:00 11:15 11:30 11:45 12:00 12:15 12:30 12:45 13:00 13:15 13:30 13:45 14:00 14:15 14:30 14:45 14 November 2016 TASI Index 6,663.3 7% Turnover
More informationDaily Market Report Saudi Arabia Stock Exchange 01 Nov 2017
10:00 10:15 10:30 10:45 11:00 11:15 11:30 11:45 12:00 12:15 12:30 12:45 13:00 13:15 13:30 13:45 14:00 14:15 14:30 14:45 15:00 01 Nov 2017 TASI Index 6,934.4-0.16% Turnover (SAR mn) 3,320.6-8% TASI Intra
More informationDaily Market Report Saudi Arabia Stock Exchange 29 November 2015
Thousands 11:00 11:15 11:30 11:45 12:00 12:15 12:30 12:45 13:00 13:15 13:30 13:45 14:00 14:15 14:30 14:45 15:00 15:15 29 November 2015 TASI Index 7,238.6 0.42% Turnover (SAR mn) 4,430.3 0% TASI Intra Day
More informationDaily Market Report Saudi Arabia Stock Exchange 02 January 2017
1-Jan Thousands 10:00 10:15 10:30 10:45 11:00 11:15 11:30 11:45 12:00 12:15 12:30 12:45 13:00 13:15 13:30 13:45 14:00 14:15 14:30 14:45 02 January 2017 TASI Index 7,238.0 8% Turnover (SAR mn) 4,46-18%
More informationDaily Market Report Saudi Arabia Stock Exchange 16 Aug 2016
1 Thousands 10:00 10:15 10:30 10:5 11:00 11:15 11:30 11:5 12:00 12:15 12:30 12:5 13:00 13:15 13:30 13:5 1:00 1:15 1:30 1:5 1 Aug 201 TASI Index,357. -0.2% Turnover (SAR mn) 2,777.1-11% TASI Intra Day Movement
More informationDaily Market Report Saudi Arabia Stock Exchange 20 December 2016
6-Dec 7-Dec 8-Dec 11-Dec 12-Dec 13-Dec 14-Dec 15-Dec 18-Dec 19-Dec Thousands 10:00 10:15 10:30 10:45 11:00 11:15 11:30 11:45 12:00 12:15 12:30 12:45 13:00 13:15 13:30 13:45 14:00 14:15 14:30 14:45 20 December
More informationDaily Market Report Saudi Arabia Stock Exchange 10 August 2017
27-Jul 30-Jul 31-Jul 1-Aug 2-Aug 3-Aug 6-Aug 7-Aug 8-Aug 9-Aug Thousands 10:00 10:15 10:30 10:5 11:00 11:15 11:30 11:5 12:00 12:15 12:30 12:5 13:00 13:15 13:30 13:5 1:00 1:15 1:30 1:5 15:00 10 August 2017
More informationDaily Market Report Saudi Arabia Stock Exchange 8 February 2017
25-Jan 26-Jan 29-Jan 30-Jan 31-Jan 1-Feb 2-Feb 5-Feb 6-Feb 7-Feb Thousands 10:00 10:15 10:30 10:45 11:00 11:15 11:30 11:45 12:00 12:15 12:30 12:45 13:00 13:15 13:30 13:45 14:00 14:15 14:30 14:45 8 February
More informationDaily Market Report Saudi Arabia Stock Exchange 18 July 2016
27-Jun 28-Jun Thousands 10:00 10:15 10:30 10:5 11:00 11:15 11:30 11:5 12:00 12:15 12:30 12:5 13:00 13:15 13:30 13:5 1:00 1:15 1:30 1:5 18 July 201 TASI Index,80.8 0.29% Turnover (SAR mn) 3,59.5-2% TASI
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Research Department ARC Research Team Tel 966 11 211 9370, research@alrajhi-capital.com Saudi Arabian economy Saudi Arabian Economy The IMF executive board maintained the Kingdom s real GDP growth outlook
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Quarterly results preview Q2 2016 Key theme With Q2 approaching an end, we present revenue and bottom-line estimates for companies under our coverage in various sectors. Research Department Equity Research
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Research Department ARC Research Team Tel 966 11 211 9370, research@alrajhi-capital.com Saudi Arabian Economy - Liquidity easing Saudi Arabian economy Liquidity improving owing to the government initiatives
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Research Department ARC Research Team Tel 966 11 211 9370, research@alrajhi-capital.com Saudi Arabian economy Saudi Arabian Economy The Kingdom s Q1 2016 GDP grew at the slowest pace in three years as
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More informationTable 1 Key macro indicators. Source: SAMA, * Provisional
Saudi Arabian economy Research Department ARC Research Team Tel 966 11 211 9370, research@alrajhi-capital.com Saudi Arabian Economy The Kingdom maintained oil output at an elevated level (~10.3mbpd in
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Saudi Arabia January 18, 2010 Key theme Our initial thoughts on merger between Hammadi and Care. Target prices Stock Rating Price Target Al Hammadi N SAR 40.0 Care N SAR 45.0 Major shareholders: Name Stake
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Global perspective Economic Research Research Department ARC Research Team Tel: 966 11 211 9370, devassyp@alrajhi-capital.com Global economic data improves, but outlook remains uncertain Medium-term risks
More informationAdvanced Petrochemicals Co Upgrade to OW. Raise TP to SAR61/share
Vol mn RSI10 Petrochemicals Industrial APPC AB: Saudi Arabia US$2.891bn 9% US$2.792mn Market cap Free float Avg. daily volume Target price 61.00 10.7% over current Current price 55.10 as at 5/7/2018 Neutral
More informationMarket trends: August 2017 TASI in recovery mode
Media Banks Food & Stapl Ret HC Equip & Svc Transport Cap Goods Aug-15 Oct-15 Dec-15 Feb-16 Apr-16 Jun-16 Aug-16 Oct-16 Dec-16 Feb-17 Apr-17 Jun-17 Aug-17 Individual Portfolio investors Corporates Strategic
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Saudi Arabian Economy Economic Research Research Department ARC Research Team Tel. +966 11 211 937, research@alrajhi-capital.com Saudi Arabia: Preliminary Govt. estimates for 219 budget point to expansionary
More informationFigure 1 SAFCO Q1 results Q Q Q (SAR mn) Operating profit % 375.6% 347. Operating margin 47% 8% 30% 40%
Vol mn RSI10 SAFCO Petrochemicals Industrial SAFCO AB: Saudi Arabia US$7.22bn 40% US$5.60mn Market cap Free float Avg. daily volume Target price 62.00-2.6% over current Current price 63.70 as at 8/5/2018
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Saudi Arabian Economy Economic Research Research Department ARC ResearchTeam, Tel. +966 1 211 9370, devassyp@alrajhi-capital.com IMF hikes Saudi Arabia s 2018 growth forecast The IMF raised Saudi Arabia
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Vol mn RSI10 Saudi Arabian Mining Co- Mining Industrial MAADEN AB: Saudi Arabia 29 May 2018 US$17.47bn 35% US$6.79mn Market cap Free float Avg. daily volume Target price 47.60-15.5% over current Current
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Saudi Arabia January 18, 2010 Theme The report contains key takeaways from results of the three listed Saudi telecom companies as well as our latest target prices What do we think? Stock Rating Price Target
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Vol mn RSI10 Petrochemicals Industrial AB: Saudi Arabia US$9.01bn 40% US$8.28mn Market cap Free float Avg. daily volume Target price 85.00 +4.8% over current Current price 81.10 as at 30/10/2018 Underweight
More informationFigure 1 Q results summary. Net profit 5,235 3, % 50% 5,879. Source: Company data, Al Rajhi Capital
Vol mn RSI10 Saudi Basic Industries Corp Petrochemicals Industrial SABIC AB: Saudi Arabia US$94.95bn 21% US$153.7mn Market cap Free float Avg. daily volume Target price 114.00-0.4% downside Current price
More informationStrategy report All Industries All Sectors Saudi Arabia 13 March 2017 January 18, 2010
Strategy report Saudi Arabia January 18, 2010 Key themes The Govt. has recently unveiled Fiscal Balance Program, which outlines a roadmap to balance the budget by 2019 in a baseline scenario. The key components
More informationSAFCO N: Weak Q2; Stock bottoming out Buy on further correction in H2
Vol mn RSI10 Petrochemicals Industrial AB: Saudi Arabia US$7.20bn 40% US$2.257mn Market cap Free float Avg. daily volume Target price 59.00-7% over current Current price 63.10 as at 25/7/2017 Underweight
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Saudi Arabian Economy Economic Research Research Department ARC Research Team, Tel. +966 1 211 9370, devassyp@alrajhi-capital.com Saudi economy continues to improve The recent data released by SAMA indicates
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PETROR AB: Saudi Arabia US$5.07bn 17.4% US$11.19mn Market cap Free float Avg. daily volume RSI10 Vol th Target price n/a n/a Consensus price 32.18 48.3% over current Current price 21.70 as at 17/8/2011
More informationSaudi Arabian Equities round up Q3 earnings and trade flows
Q3 earnings performance by sector Q3 2017 Q3 201 % Chg Banks,373,5.7% Petrochemicals,50,561.0% Telecom 2,3 2,660.% Real estate (213) 472 NM Food/agri 1,76-4.% Insurance 756 351-53.5% Healthcare/Pharma
More informationSaudi Banks Sector Banks Finance Saudi Arabia 19 June 2017 January 18, 2010
Saudi Arabia January 18, 2010 Key themes The banking sector s net income is expected to be under pressure in Q2 2017. Net financing income is expected to slip as loan growth has been flat and loans are
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Saudi Arabian Economy Economic Research Research Department ARC Research Team Tel. +966 11 211 9370, Research@alrajhi-capital.com Following the rise in crude oil prices, IMF has marginally raised Saudi
More informationSABIC Overall strong performance
SABIC AB: Saudi Arabia US$80.80bn 22.6% US$124.7mn Market cap Free float Avg. daily volume RSI10 Vol th Target price 126.0 24.75% over current Consensus price 125.6 24.4% over current Current price 101.0
More informationYansab Better than expected results
YANSAB AB: Saudi Arabia US$6.91bn 39.8% US$23.37mn Market cap Free float Avg. daily volume RSI10 Vol th Target price n/a n/a Consensus price 56.00 21.5% over current Current price 46.10 as at 9/2/2011
More informationSaudi Basic Industries Corp After an upbeat Q3, expect good performance in Q4; Raise TP to SAR103/sh.
Vol mn RSI10 Petrochemicals Industrial SABIC AB: Saudi Arabia US$78.87bn 21% US$83.39mn Market cap Free float Avg. daily volume Target price 103.00 +2.6% over current Current price 100.40 as at 11/6/2017
More informationMa aden Equity infusion will strengthen balance sheet
RSI10 Ma aden MAADEN AB: Saudi Arabia Rating Target price Current price OVERWEIGHT SAR42.0 (19.4% upside) SAR35.17 Research Department ARC Research Team Tel 966 11 211 9332, gopij@alrajhi-capital.com Key
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Saudi Arabian Economy Research Department ARC Research Team, Tel. +966 11 211 9370, devassyp@alrajhi-capital.com Saudi Arabian economy continued to expand in Q3 Saudi Arabian economy has continued to expand
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TASI Change No. of Volume Turnover A:D Open High Low Close Advance Decline Unchanged Points Percent Trades (mln) SAR (mln) Ratio 6,253 6,260 6,231 6,257 4 0.07% 129,006 189.0 5,241.3 61 63 23 1.0:1 Commentary
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All Sectors - All Industries TASI Closing 9,467.0 YTD performance (%) 13.6 YTD avg. daily Turnover (SAR bn) 9.1 Key themes We are positive about TASI s dividend yield over the near-term. We expect sectors
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Vol th RSI10 Zain KSA ZAINKSA AB: Saudi Arabia US$2.464bn 48.3% US$16.50mn Market cap Free float Avg. daily volume Target price 7.30 12.31% over current Consensus price 7.62 17.2% over current Current
More informationChange. A:D Open High Low Close 7,000 6,500 6,000 5,500. 1,223, Qatar DSI 8,
TASI Change No. of Volume Turnover A:D Open High Low Close Advance Decline Unchanged Points Percent Trades (mln) SAR (mln) Ratio 6,224 6,224 6,149 6,155-69 -1.11% 133,132 179.8 5,158.4 22 120 4 0.2:1 Commentary
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More informationGlobal economy. Global economy and markets. Economic Research February 2016
Global economy Research Department ARC Research Team Tel: 966 11 211 9370, devassyp@alrajhi-capital.com Global economy and markets Economic indicators of the global economy were largely mixed last month.
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More informationChange. A:D Open High Low Close 8,500 8,000 7,500 7,000 6,500 6,000 5,500 5,000
TASI Change No. of Volume Turnover A:D Open High Low Close Advance Decline Unchanged Points Percent Trades (mln) SAR (mln) Ratio 6,667 6,789 6,667 6,768 101 % 143,449 309.8 6,624.3 136 9 9 15.1:1 Commentary
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TASI Change No. of Volume Turnover A:D Open High Low Close Advance Decline Unchanged Points Percent Trades (mln) SAR (mln) Ratio 6,739 6,748 6,726 6,744 5 0.1% 228,895 336.6 8,353.0 66 59 24 1.1:1 Commentary
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More informationChange. A:D Open High Low Close 7,000 6,500 6,000
TASI Change No. of Volume Turnover A:D Open High Low Close Advance Decline Unchanged Points Percent Trades (mln) SAR (mln) Ratio 6,492 6,492 6,403 6,421-72 -1.1% 176,460 383.5 7,416.7 17 125 6 0.1:1 Commentary
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TASI 6,628.26 Volume Value Trades 0.6% 238.1mn SAR5,002.4mn 129,634 Research Department research@alrajhi-capital.com Tel: +966 12119310/ Fax: +966 1 2119422 Market Commentary US markets cap weekly gain
More informationChange. A:D Open High Low Close 8,500 8,000 7,500 7,000 6,500 6,000 5, Apr
TASI Change No. of Volume Turnover A:D Open High Low Close Advance Decline Unchanged Points Percent Trades (mln) SAR (mln) Ratio 7,082 7,083 7,041 7,057-24 -0.4% 155,985 188.1 6,660.9 43 99 15 0.4:1 Commentary
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