U Capital Monthly Report January 2018

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Transcription:

U Capital Monthly Report January 2018 GCC Market Indices Current Close Previous Close Change MTD YTD Index Index Muscat Securities Market 4,999.96 5,099.28 (99.32) (1.95) (1.95) Saudi Stock Exchange 7,650.12 7,226.32 423.80 5.86 5.86 Boursa Kuwait 6,687.81 6,408.01 279.80 4.37 4.37 Qatar Exchange 9,204.62 8,523.38 681.24 7.99 7.99 Bahrain Bourse 1,350.67 1,331.71 18.96 1.42 1.42 Dubai Financial Market 3,394.36 3,370.07 24.29 0.72 0.72 Abu Dhabi Securities Exchange 4,602.23 4,398.44 203.79 4.63 4.63, U Capital P/E (TTM) Comparison of Omani Market & MENA Jan'18 Dec'17 Nov'17 Oct'17 MSM30 * 11.52 12.25 12.26 11.43 Saudi Stock Exchange 17.95 17.08 16.44 16.52 Kuwait Stock Exchange 16.29 15.65 14.88 17.93 Qatar Exchange 15.43 13.78 12.35 12.95 Bahrain Stock Exchange 7.87 7.87 7.12 7.15 Dubai Financial Market 22.91 21.29 21.62 23.40 Abu Dhabi Securities Exchange 16.05 15.77 15.35 16.37 Gulf Market Average 15.43 14.81 14.29 15.11 *, PEx: last closing price / Earnings per share (times), PBx: Last closing price / Book value of the share (times) All GCC data for entire market except MSM change in Commodity s Value M/M YTD Brent Crude (per bbl) 68.47 2.39 2.39 WTI Crude (per bbl) 63.95 5.81 5.81 Gol d100 OZ (per oz) 1,340.89 2.90 2.90 Silver (per oz) 17.17 1.36 1.36 Pl a ti num (per oz) 1,001.10 7.59 7.59 Copper, MT 7,050.00 (2.72) (2.72) Al umi ni um, MT 2,207.00 (2.69) (2.69) Lea d, MT 2,592.00 4.20 4.20 Zi nc, MT 3,496.00 5.33 5.33 Ni ckel, MT 13,350.00 4.62 4.62 at 3.00 P.M M uscat time World Markets Country Value M/M YTD Europe FTSE 100 United Kingdom 7,587.98 (1.30) (1.30) DA Germa ny 13,197.71 2.17 2.17 CAC 40 France 5,473.78 3.03 3.03 United States DJIA USA 26,076.89 5.49 5.49 S&P 500 USA 2,822.43 5.57 5.57 NASDAQ USA 7,402.48 7.23 7.23 Asia Pacific NIKKEI 225 Ja pa n 23,324.13 2.46 2.46 HANG SENG Hongkong 32,745.19 9.45 9.45 Arab Market Indices Tunis Se Index Tunis 6,422.62 2.24 2.24 EG 30 Index Egypt 15,315.66 1.97 1.97 Amma n Stock Excha nge Jorda n 2,194.39 3.18 3.18 Pa les tine Sec. Excha nge Pa les tine 573.96 (0.11) (0.11) Blom Stock Index Leba non 1,184.13 3.10 3.10 MSCI Ba hra in 77.91 1.85 1.85 Kuwa it 530.77 4.74 4.74 Oma n 556.90 (1.79) (1.79) Qa tar 761.69 8.27 8.27 UAE 401.89 4.90 4.90 GCC Countries 469.76 5.77 5.77 at 3.00 P.M M uscat time Source MSM Market and U Capital P.O.BO 1137, PC 111 CPO, Sultanate of Oman l CR No. 1279406 l Tel: +968 24949004/5 l Fax: +968 24949099 l Email: info@u-capital.net l Web: www.u-capital.net

Muscat Security Market MSM 30 one year close (In Blue) & turnover (In Red) Vs MA10 (In Green) 6,800.00 6,300.00 5,800.00 5,300.00 4,800.00 6-Mar-17 6-Apr-17 6-May-17 6-Jun-17 6-Jul-17 6-Aug-17 6-Sep-17 6-Oct-17 6-Nov-17 6-Dec-17 6-Jan-18 60,000 50,000 40,000 30,000 20,000 10,000 0 Thousands MSM summary U Capital Oman20 Index U Capital GCC 50 Index U Capital MENA 200 Index MSM SHARIAH Index MSM 30 Volume( In 000) Value traded (In 000) Current Month 955.36 1,223.03 1,048.78 712.76 4,999.96 304,973 52,904 Previous Month 974.29 1,144.67 995.92 713.64 5,099.28 167,016 62,012 Change (18.93) 78.36 52.86 (0.88) (99.32) 137,957 (9,109) MTD (1.94) 6.85 5.31 (0.12) (1.95) 82.60 (14.69) YTD (1.94) 6.85 5.31 (0.12) (1.95) No. of Transactions 27,080 Volume of Bonds 765,437 Top Gainers Top Co. - Value Value Mkt.Share MUSCAT CITY DESALINATION 0.163 0.047 40.52 BANK MUSCAT 0.410 in 000 10,088.33 19.07 FINANCIAL SERVICES 0.175 0.031 21.53 MUSCAT CITY DESALINATION 0.163 7,971.06 15.07 OMAN AND EMIRATES INV. HOLDING 0.099 0.017 20.73 OMAN FISHERIES 0.138 3,146.14 5.95 AL JAZEERA SERVICES 0.165 0.025 17.86 AL MADINA TAKAFUL 0.095 2,944.30 5.57 RENAISSANCE SERVICES 0.348 0.051 17.17 RENAISSANCE SERVICES 0.348 2,088.41 3.95 Top Losers Top Co. - Volume Volume Mkt.Share in 000 AL HASSAN ENGINEERING 0.034 (0.006) (15.00) MUSCAT CITY DESALINATION 0.163 50,302.01 16.49 HSBC BANK OMAN 0.110 (0.018) (14.06) AL MADINA TAKAFUL 0.095 28,644.31 9.39 SOHAR POWER 0.133 (0.017) (11.33) BANK MUSCAT 0.410 25,490.96 8.36 GLOBAL FINANCIAL INVESTMENT 0.140 (0.017) (10.83) OMAN FISHERIES 0.138 21,732.76 7.13 OMINVEST Source MSM Market and U Capital 0.416 (0.050) (10.73) GALFAR ENGINEERING AND CON. 0.078 19,913.93 6.53 P.O.BO 1137, PC 111 CPO, Sultanate of Oman l CR No. 1279406 l Tel: +968 24949004/5 l Fax: +968 24949099 l Email: info@u-capital.net l Web: www.u-capital.net 2

Sector Name Bloomberg No of Co. Current Previous Points MTD Points YTD Code Monthly Yearly Financial Sector BKINV 13 7,375.74 7,474.16 (98) (1.32) (98) (1.32) Indus try Sector INDSI 10 6,781.55 6,833.39 (52) (0.76) (52) (0.76) Services Sector SINSI 7 2,619.63 2,643.43 (24) (0.90) (24) (0.90) Main Indicators - Sectors 52-Week Main Indicators High Low P/Ex P/Bx MSM 30 5,869.59 4,879.07 11.52 1.16 Financial Sector 8,274.98 7,100.26 0.79 Industry Sector 9,662.07 6,624.29 1.33 Services Sector 3,043.31 2,410.70 1.07 Source: M SM, Bloomberg Nationality Trading - Buy Value ( 000) OMANIS 41,467.5 GCC 4,018.2 ARABS 686.5 OTHERS 6,731.4 7.6 12.7 1.3 78.4 OMANIS GCC ARABS OTHERS Nationality Trading - Sell OMANIS GCC ARABS OTHERS Value ( 000) 44,571.3 3,516.7 923.1 3,892.5 7.4 1.7 6.6 84.3 OMANIS GCC ARABS OTHERS Government Development Bonds Issue No. Maturity Date Issue Value () Coupon Listing Date 40 41 42 Jun. 19, 2022 Dec. 05, 2017 May. 13, 2020 80,000,000 5.50 3.25 4.25 Jun. 24, 2012 Jan. 28, 2013 May. 20, 2013 44 45 46 47 48 49 Nov. 25, 2018 Dec. 15, 2019 23-Feb-2025 9-Aug-2020 22-Feb-2021 25-Apr-2023 200,000,000 200,000,000 300,000,000 3.00 3.00 4.50 3.00 3.50 1.00 Dec. 11, 2013 Dec. 15, 2014 Mar.4 2015 Aug.11 2015 Feb. 24 2016 May. 04 2016 50 3-Oct-2022 5.00 Oct. 13 2016 51 27-Dec-2026 150,000,000 5.50 Jan. 01 2017 Source: M SM P.O.BO 1137, PC 111 CPO, Sultanate of Oman l CR No. 1279406 l Tel: +968 24949004/5 l Fax: +968 24949099 l Email: info@u-capital.net l Web: www.u-capital.net 3 2

Saudi Stock Exchange - Tadawul TASI Index 7,650.12 7,226.32 5.86 5.86 Volume ('000) 230,431.52 264,210.60 Value (SAR'000) 4,939.93 4,858.62 Tadawul Food & Beverages 4,826.67 4,897.43-1.44-1.44 Tadawul Commercial & Prof Serv. 4,146.54 4,206.16-1.42-1.42 Tadawul Materials 5,342.81 5,053.62 5.72 5.72 Tadawul Transportation 4,094.19 4,011.84 2.05 2.05 Tadawul Energy 4,438.76 4,279.85 3.71 3.71 Tadawul Utilities 4,529.01 4,561.31-0.71-0.71 Tadawul Cons Dura & App 4,006.42 4,140.63-3.24-3.24 Tadawul Consumer Svc 3,833.99 3,684.83 4.05 4.05 Tadawul Media 8,469.68 7,736.38 9.48 9.48 Tadawul Banks 6,120.17 5,501.85 11.24 11.24 Tadawul Diversified Fin 4,221.76 4,029.94 4.76 4.76 Tadawul Insurance 4,663.85 4,724.05-1.27-1.27 Tadawul RE Mgmt & Dev 4,478.90 4,697.18-4.65-4.65 Tadawul Telecom 4,510.23 4,252.20 6.07 6.07 Tadawul Retailing 6,155.05 5,632.97 9.27 9.27 Tadawul Food & Staples Retailing 5,579.20 5,610.27-0.55-0.55 Tadawul Health Care Equipment & Services 4,914.46 4,443.12 10.61 10.61 Tadawul Pharma, Biotech & Life Science 4,089.71 3,970.98 2.99 2.99 Tadawul REITs 4,467.11 4,632.68-3.57-3.57 Tadawul Capital Goods 4,314.11 4,341.00-0.62-0.62 (In Billion) SAR SAR SAR' 000 USD SAR RABIGH REFINING AND PETROCHE 20.08 22.14 SAUDI BASIC INDUSTRIES CORP 107.53 841,102.2 481 1,783 AA COOPERATIVE INSURANCE 24.14 21.55 ALINMA BANK 20.71 736,253.6 MIDDLE EAST PAPER CO 22.71 17.55 DAR AL ARKAN REAL ESTATE DEV 10.02 420,745.3 SAUDI KAYAN PETROCHEMICAL CO 12.50 17.04 AL RAJHI BANK 74.48 358,455.8 SAUDI IND INVESTMENT GROUP 22.42 17.01 SAUDI KAYAN PETROCHEMICAL CO 12.50 327,179.7 SAR SAR 000 DAR AL ARKAN REAL ESTATE DEV 10.02-30.42 DAR AL ARKAN REAL ESTATE DEV 10.02 41255.1 METLIFE AIG ANB COOPERATIVE 11.86-22.53 ALINMA BANK 20.71 35459.3 ETIHAD ATHEEB TELECOMMUNICAT 6.15-16.10 SAUDI KAYAN PETROCHEMICAL CO 12.50 25626.3 14 65 100 SAUDIA DAIRY & FOODSTUFF CO 115.97-11.43 AL JOUF CEMENT 10.42 8691.1 CO FOR COOPERATIVE INSURANCE 83.62-11.42 SAUDI BASIC INDUSTRIES CORP 107.53 7821.2 Qatar Stock Exchange Qatar Stock Exchange Index 9,204.62 8,523.38 7.99 7.99 Volume ('000) 9,471.43 10,939.25 Value (QAR'000) 267,733.56 194,601.70 (In Billion) QAR QAR QAR' 000 USD QAR BARWA REAL ESTATE CO 38.00 18.75 QATAR NATIONAL BANK 135.20 33,997.7 108.02 393.19 UNITED DEVELOPMENT CO 17.00 18.22 MASRAF AL RAYAN 40.40 25,856.8 MESAIEED PETROCHEMICAL HOLDI 14.80 17.55 QATAR ELECTRICITY & WATER CO 194.05 23,293.3 QATAR GAS TRANSPORT(NAKILAT) 18.74 16.40 INDUSTRIES QATAR 109.60 23,270.4 QATAR NAVIGATION 65.05 16.29 QATAR FIRST BANK 7.05 18,581.4 QAR QAR 000 ISLAMIC HOLDING GROUP 31.10-17.07 QATAR FIRST BANK 7.05 2636.5 QATAR CINEMA & FILM DISTRIB 21.10-15.60 UNITED DEVELOPMENT CO 17.00 776.9 AL AHLI BANK 33.50-14.08 VODAFONE QATAR 7.05 730.0 4 11 5 VODAFONE QATAR 7.05-12.09 MASRAF AL RAYAN 40.40 642.1 MAZAYA QATAR REAL ESTATE DEV 8.00-11.11 EZDAN HOLDING GROUP 11.58 472.4 P.O.BO 1137, PC 111 CPO, Sultanate of Oman l CR No. 1279406 l Tel: +968 24949004/5 l Fax: +968 24949099 l Email: info@u-capital.net l Web: www.u-capital.net 4

Dubai Financial Market Dubai Financial Market Index 3,394.36 3,370.07 0.72 0.72 Volume ('000) 200,501.84 409,885.40 Value (AED'000) 371,530.84 609,503.10 Real Estate & Construction 6,759.69 6,719.75 0.59 0.59 Banking 2,376.95 2,333.21 1.87 1.87 Investment and Financial 3,726.47 3,737.61-0.30-0.30 Insurance 1,570.84 1,556.93 0.89 0.89 Consumer Staples 372.21 366.85 1.46 1.46 Services 717.01 718.82-0.25-0.25 Industiral 117.35 119.40-1.72-1.72 Telecommunication 859.15 860.84-0.20-0.20 Transportation 821.20 820.99 0.03 0.03 (In Billion) AED AED AED' 000 USD AED DEYAAR DEVELOPMENT PJSC 0.59 19.80 EMAAR PROPERTIES PJSC 6.58 87,964.1 86.82 321.55 AL-SALAM BANK 1.20 16.50 DUBAI ISLAMIC BANK 6.10 39,671.3 EMIRATES NBD PJSC 9.00 9.76 EMIRATES NBD PJSC 9.00 33,324.2 ARABTEC HOLDING CO PJSC 2.61 9.66 GFH FINANCIAL GROUP BSC 1.46 25,142.8 EMAAR MALLS PJSC 2.31 8.45 UNION PROPERTIES PJSC 0.99 13,856.9 AED AED 000 GULF NAVIGATION HOLDING PJSC 1.01-20.28 GFH FINANCIAL GROUP BSC 1.46 17293.6 ARAB INSURANCE GROUP(BSC)-$ 1.35-10.00 DEYAAR DEVELOPMENT PJSC 0.59 17266.9 NATIONAL GENERAL INSURANCE 2.02-6.48 UNION PROPERTIES PJSC 0.99 14050.5 14 11 12 SHUAA CAPITAL 1.14-5.79 EMAAR PROPERTIES PJSC 6.58 13348.9 OMAN INSURANCE CO PSC 1.70-5.56 DUBAI FINANCIAL MARKET PJSC 1.12 9793.7 Abu Dhabi Securities Market Abu Dhabi Securities Market Index 4,602.23 4,398.44 4.63 4.63 Volume ('000) 46,155.81 254,153.90-81.84 Value (AED'000) 154,643.61 265,761.90-41.81 Banking 8,018.71 7,494.70 6.99 6.99 Telecommunication 4,409.96 4,335.63 1.71 1.71 Consumer Services 2,088.46 2,206.57-5.35-5.35 Insurance 2,294.49 2,163.44 6.06 6.06 Industrials 2,127.17 2,050.17 3.76 3.76 Invst and Financial Services 2,890.12 2,647.03 9.18 9.18 Energy 1,390.15 1,443.48-3.69-3.69 Services 2,399.95 2,444.74-1.83-1.83 Real Estate 3,732.98 3,567.98 4.62 4.62 (In Billion) AED AED AED' 000 USD AED EMIRATES INSURANCE CO. (PSC) 7.90 31.67 EMIRATES TELECOM GROUP CO 17.80 25,067.2 86.82 321.55 ABU DHABI NATL CO FOR BUILDI 0.54 28.57 ABU DHABI COMMERCIAL BANK 7.25 19,394.4 RAS AL KHAIMAH CEMENT CO PSC 0.76 20.63 UNION NATIONAL BANK/ABU DHAB 3.99 12,037.5 ARKAN BUILDING MATERIALS CO 0.79 17.91 ALDAR PROPERTIES PJSC 2.29 8,666.4 OOREDOO QPSC 99.00 16.47 ABU DHABI ISLAMIC BANK 4.00 6,054.2 AED AED 000 ALKHALEEJ INVESTMENT 2.00-16.67 MANAZEL REAL ESTATE PJSC 0.59 5584.8 RAS AL KHAIMAH WHITE CEMENT 0.95-13.64 METHAQ TAKAFUL INSURANCE 0.80 4219.7 UNITED ARAB BANK PJSC 1.88-12.56 RAK PROPERTIES 0.77 4131.6 38 12 10 NATIONAL INVESTOR CO/THE 0.45-11.76 ALDAR PROPERTIES PJSC 2.29 3771.3 ABU DHABI NATIONAL TAKAFUL C 4.64-9.90 ABU DHABI NATIONAL ENERGY CO 0.54 3075.0 P.O.BO 1137, PC 111 CPO, Sultanate of Oman l CR No. 1279406 l Tel: +968 24949004/5 l Fax: +968 24949099 l Email: info@u-capital.net l Web: www.u-capital.net 5

Boursa Kuwait Kuwait Stock Market Exchange 6,687.81 6,408.01 4.37 4.37 Volume ('000) 107.55 90.19 Value (KWD'000) 15,443.83 10,073.58 Industrials 1,868.33 1,839.39 1.57 1.57 Banks 955.10 912.63 4.65 4.65 Consumer Goods 820.75 822.40-0.20-0.20 Consumer Service 881.97 901.13-2.13-2.13 Real Estate 1,063.08 933.11 13.93 13.93 Financial Services 644.69 618.87 4.17 4.17 Telecom 575.96 558.38 3.15 3.15 Health Care 1,550.87 1,510.51 2.67 2.67 Insurance 1,033.71 1,106.03-6.54-6.54 Basic Materials 1,302.98 1,254.40 3.87 3.87 Oil and Gas 996.73 963.59 3.44 3.44 Parallel Market 973.61 1,010.61-3.66-3.66 Technology 260.86 253.15 3.05 3.05 (In Billion) KWd KWd KWD' 000 USD KWD AMWAL INTERNATIONAL INVESTME 59.90 77.74 KUWAIT FINANCE HOUSE 585.00 3,383,736.6 94.47 28.54 REAL ESTATE ASSET MANAGEMENT 837.00 68.75 NATIONAL BANK OF KUWAIT 740.00 2,663,583.0 KUWAIT & GULF LINK TRANSPORT 109.00 66.67 ITHMAAR HOLDING BSC 56.50 1,124,255.4 ITHMAAR HOLDING BSC 56.50 33.89 AGILITY 863.00 906,504.2 MUNSHAAT REAL ESTATE PROJECT 86.00 23.21 KUWAIT & GULF LINK TRANSPORT 109.00 775,867.1 No. of Top Equity Losers Top Co. -Volume Volume KWd KWd 000 KUWAIT BAHRAIN INTERNATIONAL 72.00-54.43 ITHMAAR HOLDING BSC 56.50 18817.4 HILAL CEMENT CO 100.00-35.90 INOVEST CO BSC 73.00 8719.1 AMAR FINANCE & LEASING CO 45.00-18.18 KUWAIT & GULF LINK TRANSPORT 109.00 7123.2 70 42 45 AJWAN GULF REAL ESTATE CO 26.20-17.09 KUWAIT BUSINESS TOWN REAL ES 51.40 6607.5 BURGAN CO FOR WELL DRILLING 70.00-16.67 AL-MAZAYA HOLDING CO 113.00 5954.6 Bahrain Bourse Bahrain Bourse 1,350.67 1,331.71 1.42 1.42 Volume ('000) 6,887.73 11,162.49 Value (BHD'000) 1,012.90 1,880.80 Banks 2,856.27 2,772.59 3.02 3.02 Hotel and Tourism 2,960.52 2,940.32 0.69 0.69 Industiral 1,017.96 986.54 3.18 3.18 Insurance 1,648.95 1,645.81 0.19 0.19 Services 1,082.44 1,078.63 0.35 0.35 (In Billion) BHD BHD BHD' 000 USD BHD ITHMAAR HOLDING BSC 0.20 44.44 ITHMAAR HOLDING BSC 0.20 504.8 75.63 28.54 BMMI BSC 0.75 6.43 BAHRAIN TELECOM CO 0.21 76.1 AL-SALAM BANK 0.12 6.14 ARAB BANKING CORP BSC-$US 0.28 64.1 INVESTCORP BANK -$US 8.60 3.61 KHALEEJI COMMERCIAL BANK 0.12 50.7 BAHRAIN SHIP REPAIR & ENGIN 1.55 3.33 NATIONAL BANK OF BAHRAIN BSC 0.65 17.4 BHD BHD 000 ZAIN BAHRAIN BSCC 0.08-16.67 ITHMAAR HOLDING BSC 0.20 2533.0 ARAB BANKING CORP BSC-$US 0.28-6.78 KHALEEJI COMMERCIAL BANK 0.12 424.0 BAHRAIN ISLAMIC BANK 0.14-5.33 BAHRAIN TELECOM CO 0.21 374.1 27 6 6 GFH FINANCIAL GROUP BSC 0.41-3.57 ARAB BANKING CORP BSC-$US 0.28 233.0 SEEF PROPERTIES 0.21-1.87 NASS CORP BSC 0.12 108.0 P.O.BO 1137, PC 111 CPO, Sultanate of Oman l CR No. 1279406 l Tel: +968 24949004/5 l Fax: +968 24949099 l Email: info@u-capital.net l Web: www.u-capital.net 6

Ubhar Capital (U Capital) Website: www.u-capital.net PO Box 1137 PC 111, Sultanate of Oman Tel: +968 24949004/5 Fax: +968 24949099 Email: research@u-capital.net Disclaimer: This report has been prepared and issued by Ubhar Capital (U Capital) on the basis of publicly available information. While the utmost care has been taken to ensure that the facts stated are accurate, neither U Capital nor any of its employees shall be in anyway responsible for the contents.