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Daily GCC and Global Market Report

Majed Salah
By Majed Salah
6 years ago
Daily GCC and Global Market Report

Sukuk


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  1. . p4 Al Arabi Daily GCC and Global Market Report GCC Market Indices No. of Issue: 1479 Current Close Previous Close Index Index Change MTD YTD % % % -0.37% -1.89% 1.21% Al Arabi Oman 20 Index 1,041.34 1,045.16 Al Arabi GCC 50 Index 1,078.11 1,069.01 9.10 0.85% 0.46% 1.09% 940.69 946.10 -5.41 -0.57% -1.10% -1.32% -2.35% Al Arabi MENA 200 Index -3.82 Date: 29/08/2016 D/D Bloomberg GCC200 Index 60.80 60.72 0.08 0.13% 0.00% Muscat Securities Market 5,779.60 5,809.33 -29.73 -0.51% -1.10% 6.91% Saudi Stock Exchange 6,080.78 6,071.41 9.37 0.15% -3.51% -12.02% -3.75% Kuwait Stock Exchange 5,404.70 5,410.97 -6.27 -0.12% -0.85% Qatar Exchange 11,261.51 11,197.48 64.03 0.57% 6.20% 7.98% Bahrain Bourse 1,135.82 1,139.34 -3.52 -0.31% -1.71% -6.59% Dubai Financial Market 3,494.30 3,490.27 4.03 0.12% 0.29% 10.89% Abu Dhabi Securities Exchange 4,495.13 4,499.74 -4.61 -0.10% -1.75% 4.36% Commodity Prices Today So urce: B lo o mberg, Zawya, OA B invest, (Tadawul all share index & B GCC200 are updated till 2:30 P M M uscat time) World Markets Europe FTSE 100 DAX CAC 40 United States DJIA S&P 500 NASDAQ Asia Pacific NIKKEI 225 HANG SENG Arab Market Indices Tuni s Se Index EGX 30 Index Amma n Stock Excha nge Pa l es ti ne Sec. Excha nge Bl om Stock Index MSCI MSCI Country Value Change United Kingdom 6,838.05 Germa ny 10,503.20 Fra nce 4,395.58 21.15 (84.36) (46.31) D/D % 0.31 (0.80) (1.04) YTD % 9.54 (2.23) (5.21) USA USA USA 18,395.40 2,169.04 5,218.92 (53.01) (3.43) 6.71 (0.29) (0.16) 0.13 5.57 6.12 4.22 Ja pa n Hongkong 16,737.49 22,821.34 376.78 (88.20) 2.30 (0.38) (12.06) 4.14 Tuni s Egypt Jorda n Pa l es ti ne Leba non 5,438.25 8,078.32 2,081.37 509.29 1,142.82 2.30 25.86 (5.15) (4.76) 0.04 0.32 (0.25) (0.41) 7.86 15.31 (2.57) (4.40) (2.28) 72.61 393.41 660.33 882.45 394.12 (0.11) (3.06) (1.76) 5.48 - (0.15) (0.77) (0.27) 0.62 - (4.08) (12.64) 1.84 9.06 10.69 GCC Countri es 465.82 0.09 0.02 4.60 So urce: B lo o mberg at 3.00 P .M M uscat time (no te: Sat and Sun glo bal markets are clo sed) GCC Market Ratios D/D YTD % % USD USD Brent Crude (per bbl) 49.12 (0.79) (1.58) 13.84 WTI Crude (per bbl) 46.92 (0.68) (1.43) 9.45 Oman Crude Oil Ba hra i n Kuwa i t Oma n Qa ta r UAE Change Gold100 OZ (per oz) Silver (per oz) 46.13 (0.56) (1.20) 47.81 1,319.28 (2.12) (0.16) 24.29 18.58 (0.09) (0.46) 34.04 Platinum (per oz) 1,076.55 4.00 0.37 20.54 Copper, MT 4,615.00 (11.00) (0.24) (1.91) Aluminium, MT 1,642.50 (2.00) (0.12) 8.99 Lead, MT 1,875.00 13.00 0.70 4.57 Zinc, MT 2,314.50 16.50 0.72 43.85 Nickel, MT 9,810.00 (35.00) (0.36) 11.22 So urce: B lo o mberg (Sat and Sun market is clo sed) Cross Rate for Major Currencies* Currency Code Euro EUR USD/1 Unit 1.1283 Units/1 USD 0.8864 British Pound GBP 1.3213 0.7570 Japanese Yen JPY 0.0100 100.3540 Omani Rial OMR 2.5974 0.3851 Source :Oanda P/E (TTM) P/B X X MSM30 * 10.11 1.15 Sa udi Stock Excha nge 14.34 1.41 Kuwa i t Stock Excha nge 18.73 1.02 Qa ta r Excha nge 15.66 1.73 Ba hra i n Stock Excha nge 9.22 0.40 Duba i Fi na nci a l Ma rket 12.51 1.28 Abu Dha bi Securi ti es Excha nge 12.01 1.45 Source: Bloomberg*, 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 M SM
  2. Selective GCC Sukuk prices and yield Issuer Maturity Offer Coupon Date Currency Offer Coupon Type Bid Bid Offer Offer Rating Rate Price Yield % Price Yield % (Moody's) Al HILAL BANK SUKUK LTD PERPETUAL VARIABLE USD 5.50% 102.60 4.90 103.29 4.85 - DUBAI DOF SUKUK LTD 4/30/2029 FIXED USD 5.00% 107.01 4.28 107.89 4.19 - EMAAR SUKUK LTD 6/18/2024 FIXED USD 4.56% 107.38 3.48 107.38 3.48 Baa2 DAR AL-ARKAN SUKUK CO LTD 5/28/2019 FIXED USD 6.50% 96.93 7.76 98.67 7.03 - SAUDI ELEC GLOBAL SUKUK 4/8/2044 FIXED USD 5.50% 107.75 4.98 107.75 4.98 A2 Bid Bid Offer Offer Rating Price Yield % Price Yield % (Moody's) Source: Bloomberg, (Indicative prices. Subject to market) Selective GCC Bond prices and yield Issuer Maturity Date Offer Coupon Currency Offer Coupon Type Rate KINGDOM OF BAHRAIN 7/5/2022 FIXED USD 5.01% 104.87 5.15 105.57 5.01 BBB DUBAI ELECTRICITY & WATE 10/21/2020 FIXED USD 7.38% 117.20 2.93 117.20 2.93 - OOREDOO INTL FINANCE 10/19/2025 FIXED USD 5.00% 114.25 3.19 114.25 3.19 A STATE OF QATAR 6/15/2030 FIXED USD 9.75% 168.33 3.47 169.37 3.40 BBB ABU DHABI GOVT INT'L 4/8/2019 FIXED USD 6.75% 114.35 1.14 114.35 1.14 AA Source: Bloomberg, (Indicative prices. Subject to market) Selective Global Companies Current Pri ce D/D MTM YTD 52-Week 52-Week USD % % % Hi gh Low SAMSUNG ELECTR-GDR 730.00 0.27 10.11 37.35 751.50 452.50 BANK OF AMERICA CORP 15.79 1.67 7.56 (6.18) 18.09 10.99 JPMORGAN CHASE & CO 66.22 0.23 3.31 0.29 69.03 52.50 ROYAL BANK OF SCOTLAND GROUP 196.70 0.61 4.63 (34.87) 337.20 148.40 APPLE INC 106.94 (0.59) 2.49 1.60 123.82 89.47 TOYOTA MOTOR CORP -SPON ADR 118.62 (1.39) 7.10 (3.59) 127.28 97.80 42.27 0.57 9.74 27.09 43.29 26.15 132.23 (0.56) (0.59) (8.55) 150.59 102.10 MICROSOFT CORP 58.03 (0.24) 3.24 4.60 58.70 41.66 BMW - EURO 76.42 0.64 (0.07) (21.72) 104.85 63.38 GENERAL MOTORS 31.53 (0.03) 1.74 (7.29) 36.88 26.69 GENERAL ELECTRIC 31.23 0.06 (0.06) 0.26 33.00 23.68 PEUGEOT 13.97 0.00 6.97 (19.80) 18.40 11.25 YAHOO! INC BOEING CO/THE Source: Bloomberg 2
  3. Muscat Securities Market Close 5 ,779.60 Muscat Securities Market Vs. Bloomberg GCC200 Index -0.51% 80.0 Previous Close 5,809.33 75.0 6,300 Open 5,809.33 70.0 6,000 Day's High 5,809.64 65.0 5,700 Change -29.73 Day's Low 5,779.60 YTD Change 6.91% 60.0 5,400 55.0 5,100 50.0 Volume 13,530,356 Value Traded, OMR 3,106,177 Traded Stocks 4 up 29-Feb-16 31-Mar-16 30-Apr-16 31-May-16 30-Jun-16 31-Jul-16 4,500 25 down 11 unchanged Top Three - Gainers Company MSM (BLUE) Vs. BGCC200 Index (RED) 40.0 40 Stock Movement 4,800 45.0 Top Three - losers Price (OMR) Change Company Top Three - Volume Price (OMR) Change Company AL BATINAH DEV. INV. HOLDING 0.091 2.25% GULF INVESTMENT SERVICES 0.118 -3.28% PHOENIX POWER Volume 000 2,377 NATIONAL ALUMINIUM PRODUCTS 0.212 0.95% OMAN FISHERIES 0.060 -3.23% SEMBCORP SALALAH 1,594 AL ANWAR CERAMIC TILES 0.216 0.94% GLOBAL FINANCIAL INVESTMENT 0.165 -2.94% BANK NIZWA 1,356 Source: Stock Exchange Website, OABInvest, Bloomberg Kuwait Stock Exchange Close Change 5,404.70 -6.27 -0.12% Previous Close 5,410.97 Open 5,410.08 Kuwait Stock Market Index Vs - Bloomberg GCC 200 Index 80.0 5,600 75.0 5,400 70.0 5,200 Day's High 5,410.08 65.0 5,000 Day's Low 5,389.89 60.0 4,800 -3.75% 55.0 4,600 50.0 4,400 YTD Change Volume 48,030,108 Value Traded, KWD 4,950,375 Traded Stocks Stock Movement 117 20 up 47 down Price Fils(KWD) 4,200 Kuwaut Market (BLUE) Vs. BGCC200 Index (RED) 40.0 4,000 29-Feb-16 31-Mar-16 30-Apr-16 31-May-16 30-Jun-16 31-Jul-16 50 unchanged Top Three - Gainers Company 45.0 Top Three - losers Change Company Top Three - Volume Price Fils(KWD) Change Company Volume CABLETV 23 12.2% CLEANING 38 -6.25% EQUIPMENT 3,266,468 DANAH 124 8.8% MARIN 88 -5.38% KFIN 2,876,296 KSH 158 6.76% EQUIPMENT 45 -5.26% NIH 2,698,000 Source: Stock Exchange Website, OABInvest, Bloomberg 3
  4. Qatar Exchange Close 11 ,261.51 Change 64.03 0.57% Qatar Exchange Index Vs - Bloomberg GCC 200 Index 80.0 12,000 Previous Close 11,197.48 75.0 11,500 Open 11,193.15 70.0 11,000 Day's High 11,261.51 Day's Low 11,191.14 65.0 YTD Change 7.98% 10,500 60.0 10,000 55.0 9,500 50.0 Volume 9,000 4,491,237 45.0 Value Traded QAR Qatar Exchange (BLUE) Vs. BGCC200 Index (RED) 182,309,700 40.0 8,500 29-Feb-16 Stock Movement 22 up 15 down 31-Mar-16 30-Apr-16 31-May-16 30-Jun-16 31-Jul-16 6 unchanged Top Three - Gainers Top Three - losers Change Company Price (QAR) Top Three - Volume Company Price (QAR) Change Company CINEMA 35.000 6.06% ZAD HOLDING 85.000 -2.30% Aa ma l Volume 746,878 INDUSTRIES QATAR 116.400 1.46% ISLAMIC HOLDING 64.500 -2.27% EZDAN HOLDING 643,509 DLALA HOLDING 23.840 1.45% DOHA INSURANCE 20.310 -2.12% QFB 381,912 So urce: Sto ck Exchange Website, OA B Invest, B lo o mberg Bahrain Bourse Close 1,135.82 Change -3.53 80.0 1,500 75.0 1,450 -0.31% Previous Close 1,139.34 Open 1,138.78 1,400 70.0 1,350 65.0 Day's High 1,138.78 Day's Low 1,135.82 YTD Change -6.59% 1,300 60.0 1,250 55.0 1,200 50.0 Volume 2,825,172 Value Traded BHD 775,291 - up 4 down Price (BHD) 31-Mar-16 30-Apr-16 31-May-16 Change Company 30-Jun-16 1,050 31-Jul-16 8 unchanged Top Three - Gainers Company 1,100 Bahrain Bourse (BLUE) Vs. BGCC200 Index (RED) 40.0 29-Feb-16 Stock Movement 1,150 45.0 Top Three - losers Change Company Price (BHD) Top Three - Volume Volume - - - Ba hra i n Shi p Repa i ri ng1.600 & Engi neeri -5.88% ng Compa ny Al -Ahl i Uni ted Ba nk 516,372 - - - BBK 0.350 -3.85% BBK 421,000 - - - Na s s Corpora ti on BSC 0.107 -2.73% Na s s Corpora ti on BSC 410,688 So urce: Sto ck Exchange Website, OA B Invest, B lo o mberg 4
  5. Dubai Financial Market Close 3 ,494.30 Change 4.03 0.12% Previous Close 3,490.27 Open 3,490.27 Dubai Financial market Index Vs - Bloomberg GCC 200 Index 80.0 3,700 75.0 3,600 70.0 3,497.45 Day's Low 3,473.99 60.0 YTD Change 10.89% 3,500 65.0 Day's High 3,400 3,300 55.0 3,200 50.0 Volume 150,904,500 Value Traded AED 295,261,650 3,100 45.0 DFM (BLUE) Vs. BGCC200 Index (RED) 40.0 3,000 29-Feb-16 Stock Movement 11 up 17 down 30-Apr-16 31-May-16 Top Three - losers Price (AED) 30-Jun-16 31-Jul-16 5 unchanged Top Three - Gainers Company 31-Mar-16 Change Company Price (AED) Top Three - Volume Change Company Volume ARIG 1.550 7.64% DSI 0.483 -2.42% TAKAFUL-EM 29,832,533 DARTAKAFUL 1.000 4.17% IFA 0.390 -2.26% GFH 22,615,278 GULFNAV 1.130 2.73% SALAMA 0.484 -1.83% ARTC 11,738,376 So urce: Sto ck Exchange Website, OA B Invest, B lo o mberg Abu Dhabi Securities Exchange Close 4,495.13 Change -4.61 Abu Dhabi Securities Exchange Index Vs - Bloomberg GCC 200 Index -0.10% 80.0 Previous Close 4,499.74 75.0 Open 4,499.74 Day's High 4,513.02 Day's Low 4,482.84 60.0 4.36% 55.0 YTD Change 6,000 5,500 70.0 5,000 65.0 4,500 4,000 50.0 Volume 61,923,330 Value Traded AED 88,437,700 3,500 45.0 ADSM (BLUE) Vs. BGCC200 Index (RED) 40.0 29-Feb-16 Stock Movement 9 up 9 down Price (AED) 30-Apr-16 31-May-16 30-Jun-16 3,000 31-Jul-16 14 unchanged Top Three - Gainers Company 31-Mar-16 Top Three - losers Change Company Price (AED) Top Three - Volume Change Company Volume ADSB 2.900 9.85% UAB 2.250 -2.17% ESHRAQ 23,781,223 QIC 0.900 5.88% SIB 1.520 -1.94% RAKWCT 6,499,235 BOS 1.400 5.26% TAQA 0.530 -1.85% METHAQ 5,808,144 So urce: Sto ck Exchange Website, OA B Invest, B lo o mberg 5
  6. Saudi Stock Market Close 6 ,080.78 Change 9.37 Saudi Stock Market Index Vs - Bloomberg GCC 200 Index 80.0 0.15% Previous Close 6,071.41 75.0 Open 6,071.41 70.0 10,000 9,000 8,000 65.0 Day's High 6,085.72 Day's Low 6,051.17 YTD Change -12.02% 60.0 7,000 55.0 6,000 50.0 Volume 93,824,020 Value Traded SAR 5,000 45.0 1,780,100,000 TADAWUL (BLUE) Vs. BGCC200 Index (RED) 40.0 4,000 29-Feb-16 Stock Movement 89 up 73 down 31-Mar-16 30-Apr-16 31-May-16 30-Jun-16 31-Jul-16 Change Company Volume 26,861,367 7 unchanged z Top Three - Gainers Company Top Three - losers Price (SAR) Change Company Top Three - Volume Price (SAR) ALDREES 34.10 7.53% JARIR 103.75 -1.88% Alinma WALAA 13.80 5.18% SRMG 29.40 -1.87% Dar Al Arkan 6,700,622 SADAFCO 147.00 4.54% EMAAR EC 13.50 -1.74% Saudi Kayan 4,473,696 So urce: Sto ck Exchange Website, OA B Invest, B loo mberg GCC Stocks Exchange Indices Vs - Bloomberg GCC Index 2.50% 2.00% 1.50% 1.00% 0.50% 0.00% 15-08-16 16-08-16 17-08-16 18-08-16 19-08-16 20-08-16 21-08-16 22-08-16 23-08-16 24-08-16 25-08-16 26-08-16 27-08-16 28-08-16 29-08-16 -0.50% -1.00% -1.50% -2.00% -2.50% Dubai S tock Ex change Muscat Securit y Mar ket Bloom berg GCC200 Index Qa tar Excha nge Bahr ain Bour se Abu Dhabi Stock Exchange Saudi Stock I ndex Kuwait S tock Ex change Top Five GCC Stock Companies , By Profit (last 12 months) Rank Company Market Profit USD mn. Sector 1 SABIC Sa udi Ara bi a 5,007.9 Pe troche mi ca l 2 Qa ta r Na ti ona l Ba nk Qa ta r 3,041.4 Ba nks 3 Sa udi Te l e com Co. (STC) Sa udi Ara bi a 2,488.5 Te l e communi ca ti on 4 Na ti ona l Comme rci a l Ba nk Sa udi Ara bi a 2,423.3 Ba nks 5 Eti s a l a t Abu Dha bi 2,124.8 Te l e communi ca ti on So urce: A rgaam 6
  7. Oman Arab Bank - Investment Management Group (IMG) Research Division Business Development Division Email: Research@oabinvest.com Email: BD@oabinvest.com Brokerage Division Asset Management Division Corp. Finance & Advisory Division Email: Brokerage@oabinvest.com Email: assetmanagement@oabinvest.com Email:corporatefinance@oabinvest.com Wealth Management-NRI Custody Division Customer Services Division Email: S.parvez@oabinvest.com Email: custody@oabinvest.com Email: customerservice@oabinvest.com PO Box 2010, Ruwi, 112, Muscat-Oman. Tel: +96824754576 Fax: +96824125125 Web site http://www.oabinvest.com e-mail:research@oabinvest.com Disclaimer: This report has been prepared by research department in IMG – Oman Arab Bank, and is provided for information purposes only. Under no circumstances is to be used or considered as an offer to sell or solicitation of any offer to buy. While all reasonable care has been taken to ensure that the information contained therein is not untrue or misleading at the time of publication, we make no representation as to its accuracy or completeness and it should not be relied upon as such, and the bank accepts no responsibility whatsoever for any direct or indirect consequential loss arising from any use of this report or its contents. All opinions and estimates included in this document constitute IMG's Research department judgment as of the date of production of this report, and are subject to change without notice. This report may not be reproduced, distributed or published by any recipient for any purpose.