MENA Markets Weekly Wrap - 31 January

Transcription

1. Research @M arkaz.com Weekly Wrap Equity Watch January 31, 2021 Value Traded & Advances/Decline Ratio M . C ap C lose (U S D Bn) P rice Indicators GC C M ar kets S &P G C C C omposite S audi (TA S I) Q atar(Q E Index) A bu Dhabi (A DI) Kuw ait A ll S hare Index (P R) Kuw ait A ll S hare Index (TR) Dubai (DF M G I) Bahrain (BA X) O man(M uscat S M ) Developed mar kets M S C I World Index U .S . (S &P 500) U .K. (F TS E ) Japan (Topix) Emer ging mar kets M S C I E M Index C hina (S hanghai Indx.) India (S ensex) WTD % M TD % YTD 3-Yr 5-Yr P /E % C A GR C A GR TTM 466 2,424 152 216 112 112 79 21 11 117 8,807 10,545 5,642 5,748 6,919 2,697 1,457 3,649 -0.7 -0.8 -1.8 0.5 1.1 1.1 -1.4 0.3 -2.6 2.9 1.4 1.0 11.8 3.6 3.6 8.2 -2.2 -0.3 2.9 4.0 1.4 4.8 1.0 4.6 11.8 6.9 3.6 5.0 3.6 8.7 8.2 -7.5 -2.2 2.4 -0.3 -10.2 6.7 8.4 1.8 6.7 -1.9 4.1 -6.8 15 20 18 16 21 21 10 9 9 46,648 33,213 2,552 6,507 2,662 3,714 6,407 1,809 -3.4 -3.3 -4.3 -2.6 -1.1 -1.1 -0.8 0.2 -1.1 -1.1 -0.8 0.2 6.4 9.6 -5.1 -1.1 11.6 14.3 1.6 4.5 25 29 17 20 6,415 6,379 1,222 1,330 3,651 46,286 -4.5 -3.4 -5.3 3.0 0.3 -3.1 3.0 0.3 -3.1 2.1 0.4 8.8 12.8 4.9 13.5 18 15 28 C ompanies V alue Traded Listed A DTV – 1M A dv ances Declines U nchanged (U S D mn) companies (U S D mn) S audi A rabia 1,724 206 61 133 12 2,259 Kuw ait 158 164 72 55 37 122 UA E 192 132 23 46 63 200 Q atar 107 46 8 36 2 72 Bahrain 3 44 17 10 17 2 O man 1 121 10 38 73 4 T otal 2 ,1 8 5 713 191 318 204 2 ,6 5 8 Yield Curve & CDS Watch LIBOR (In %) US Treasuries (In %) Blue Chip Watch C ompanies M .C ap (U S D Bn) Saudi A r abia S audi A ramco 1,853 S A BIC 82 S audi Telecom 60 A l-Rajhi Bank 49 NC B 34 United A r ab Emirates TA QA 47 E TIS ALAT 45 44 FAB 23 Intl. H olding C o. E mirates N BD 20 Kuwait 20 N BK 18 KF H 9 Zain 6 Bouby an Bank 5 A gility Q atar 46 Q atar N ational Bank Industries Q atar E zdan H olding Q atar Islamic Bank M asraf A l Ray an Top 5 Gainers * 20 12 11 9 C lose P rice WTD % M TD % YTD % 3-Yr 5-Yr C A GR C A GR P /E TTM 35 103 113 73 43 -0.1 -1.2 1.6 -1.2 -4.9 -0.7 1.2 6.8 -0.8 -0.6 -0.7 1.2 6.8 -0.8 -0.6 -1.4 15.3 14.1 3.1 9.1 12.8 18.1 9.6 33 21 19 11 20 15 1 46 12 1.9 0.5 -0.7 2.2 1.7 17.6 16.4 0.7 9.5 14.6 17.6 16.4 0.7 9.5 14.6 3.8 10.0 38.1 218.0 11.6 4.1 14.1 28.1 121.3 10.6 19 16 54 38 12 873 715 633 574 749 2.1 1.7 0.3 - 3.9 5.6 4.5 1.1 10.8 3.9 5.6 4.5 1.1 10.8 10.6 17.4 10.6 15.3 9.6 10.0 18.4 11.3 14.5 23.3 27 34 14 59 25 18 -1.3 1.0 1.0 9.9 7.5 15 12 2 17 4 -3.4 -2.9 -0.3 10.9 -3.9 -3.0 -3.1 10.9 -3.9 -3.0 -3.1 3.2 14.3 18.8 2.9 3.0 3.2 11.6 5.2 49 14 15 KIBOR Yield Curve (%) 5-year CDS Spread C ountry C ountry E mirates Refreshments A rabian C ement C ompany Dallah H ealthcare C ompany Kuw ait P rojects C ompany H olding V odafone Q atar UA E KS A KS A Kuw ait Q atar M . C ap (U S D Bn) 1.3 1.2 1.3 1.1 1.7 N etw ork International H oldings U nited Dev elopment C ompany A ir A rabia E maar M alls S amba F inancial G roup 67.4 41.5 113.8 38.2 42.5 236.0 254.4 - 67.4 39.6 113.8 38.2 38.6 217.5 254.3 13,893.4 High Low 232.4 155.0 324.6 84.0 181.0 637.0 508.5 13,893.4 61.9 37.4 94.2 34.6 37.3 199.0 165.3 787.5 Interest Rate Watch Deposit Rate 3M Rate % S pread % U .S . 0.1 Kuw ait 1.0 KS A ** 1.0 UA E 0.1 Q atar 0.6 O man 2.2 Bahrain 2.0 E uro Region -0.6 Last F O MC M eeting Date: Jan 26/27 WTD M TD YTD % % % 51.0% 202.5% 202.5% 6.1% 23.1% 23.1% 5.4% 14.0% 14.0% 3.7% 5.0% 5.0% 3.4% 12.0% 12.0% Top 5 Losers *  C ompanies 2020 KS A A bu-Dhabi Dubai Kuw ait Q atar O man Bahrain Lebanon  C ompanies 52-Week C urrent 0.9 0.9 -0.0 0.5 2.1 1.9 -0.7 5YR Rate 10YR Rate 0.4 1.1 0.6 2.6 0.8 2.2 0.5 1.3 3.0 1.7 3.3 5.1 3.9 5.0 -0.7 -0.5 N ext F O MC M t Date: M ar 16/17 Commodity Watch C ountry M . C ap (U S D Bn) WTD % M TD % YTD % P r ecious M etals UA E Q atar UA E UA E KS A 2.6 1.5 1.6 6.4 16.1 -6.9% -6.8% -6.6% -5.7% -5.5% 5.1% -5.4% -0.8% -1.1% -1.3% 5.1% -5.4% -0.8% -1.1% -1.3% G old $ /oz S ilv er $ /oz IP E Brent $ /bbl Bitcoin/U S D C ur r ency Watch U S D (1 E U R =) Yen (1 U S D =) KWD (1 U S D =) C N Y (1 E U R =) C BO E VIX index CAGR – Compounded annual growth rate | ADTV – Average daily traded value | M. Cap - Market capitalization TTM – Trailing twelve months | YTD – Year to date | * Mcap > USD 1bn Note: **12yr for Saudi Arabia TR = Total Return\PR = Price Return; Total Return is Price Return + Dividend Return Market News 52-Week C lose P rice WTD % M TD % YTD % High Low 1,846.1 27.0 55.0 34,323.0 -0.3 6.3 -0.7 4.0 -2.7 2.4 6.3 18.4 -2.7 2.4 6.3 18.4 2,063.2 29.2 59.3 40,634.8 1,469.8 12.0 19.5 4,841.7 1.2 104.7 0.3 6.4 30.2 -0.3 0.9 0.1 -0.9 37.9 -0.6 1.4 -0.4 -1.5 32.8 -0.6 1.4 -0.4 -1.5 32.8 1.2 112.1 0.3 7.2 82.7 1.1 102.3 0.3 6.4 11.5  GCC countries impose fresh restrictions , as countries moved to impose further measures in a bid to contain the spread of COVID-19. – Zawya  U.S. consumer spending fell for a second straight month in December amid renewed business restrictions to slow the spread of COVID-19. - Reuters  Saudi Arabia's bourse, Tadawul, will announce plans to go public this year, and will go public within two years. – Tadawul CEO  By 2030, China’s private consumption is set to more than double to reach USD 12.7 trillion. – Morgan Stanley This report has been prepared and issued by Kuwait Financial Centre K.P.S.C (Markaz), which is regulated by the Capital Markets Authority and the Central Bank of Kuwait. 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