MENA Daily Morning Brief - 10 February

Transcription

1. Research @M arkaz.com Daily Morning Brief Equity Watch February 10, 2021 Value Traded & Advances/Decline Ratio M . C ap C lose C hange (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) M TD % YTD 3-Yr 5-Yr P /E % C A GR C A GR TTM 465 2,416 149 216 111 111 79 21 11 118 8,893 10,445 5,663 5,716 6,881 2,647 1,464 3,566 0.7 0.9 0.1 0.2 0.2 0.2 0.3 -0.3 1.4 2.2 -0.3 1.2 -1.1 -1.1 -0.3 0.1 -2.4 3.4 5.1 2.3 6.3 0.1 5.5 12.2 7.2 3.1 5.0 3.1 8.7 6.2 -7.3 -1.7 3.2 -2.5 -10.7 7.2 9.5 1.9 6.8 -2.4 4.7 -7.8 15 22 17 17 21 21 10 9 9 49,095 35,045 2,630 6,852 2,799 3,911 6,532 1,926 0.1 -0.1 0.1 0.1 5.1 5.3 1.9 6.5 4.0 4.1 1.1 6.7 10.9 14.3 -2.7 3.6 13.8 16.4 3.4 8.8 28 30 17 19 7,116 6,610 1,340 1,409 3,777 51,329 0.7 2.0 -0.0 6.0 3.5 10.9 9.1 3.8 7.5 7.2 4.8 14.7 14.6 5.5 17.5 20 16 32 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 3,565 206 131 55 20 2,198 Kuw ait 136 166 56 55 55 137 UA E 311 122 16 31 75 221 Q atar 53 46 - - 46 73 Bahrain 2 44 17 1 26 2 O man 2 121 12 10 99 4 T otal 4 ,0 6 8 705 232 152 321 2 ,6 3 5 Yield Curve & CDS Watch LIBOR (In %) US Treasuries (In %) Blue Chip Watch C ompanies M .C ap (U S D Bn) C lose P rice C hange % M TD % YTD % 35 102 114 79 43 0.6 0.4 2.0 2.9 1.5 -0.4 0.8 1.4 9.3 3.2 -1.4 0.2 7.9 7.3 0.1 -0.7 16.4 19.6 5.1 9.7 12.4 19.1 11.2 33 21 21 11 20 15 1 47 12 0.4 0.8 2.2 0.7 1.4 -1.4 1.0 - 17.8 16.1 -0.7 10.7 12.6 4.6 9.5 34.3 219.9 12.3 4.3 13.2 28.4 112.1 10.4 19 16 53 38 12 840 723 633 563 749 -0.2 -0.3 0.2 -0.2 0.8 -3.8 0.1 -1.1 -1.4 -0.5 6.8 4.5 -0.9 10.8 9.3 17.6 11.6 13.2 10.3 8.8 19.6 13.2 15.0 24.4 26 38 14 58 25 17 - -4.4 -4.0 9.0 6.9 14 12 2 17 4 - -0.8 1.1 2.1 0.1 9.5 -4.0 -1.5 -4.0 4.3 20.4 18.2 2.1 3.6 3.6 11.5 5.1 48 14 15 Saudi A r abia S audi A ramco 1,839 S A BIC 81 S audi Telecom 61 A l-Rajhi Bank 53 NC B 35 United A r ab Emirates E TIS ALAT 47 FAB 45 44 TA QA 23 Intl. H olding C o. E mirates N BD 20 Kuwait 19 N BK 18 KF H 9 Zain 6 Bouby an Bank 5 A gility Q atar 43 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 3-Yr 5-Yr C A GR C A GR P /E TTM KIBOR Yield Curve (%) 5-year CDS Spread C ountry Bouby an P etrochemical C ompany A rabian C ement C ompany M abanee C ompany A l Rajhi Bank Yanbu N ational P etrochem. C ompany Top 5 Losers *  C ompanies N ational Bank of Ras A l Khaimah Dubai F inancial M arket DU Q assim C ement C ompany F aw az A bdulaziz A lhokair C ompany C ountry Kuw ait KS A Kuw ait KS A KS A 2020 63.4 41.5 110.9 38.2 42.5 219.5 254.4 - 67.4 39.6 113.8 38.2 38.6 217.5 254.3 - KS A A bu-Dhabi Dubai Kuw ait Q atar O man Bahrain Lebanon High Low 232.4 155.0 324.6 84.0 181.0 637.0 508.5 13,893.4 61.9 37.4 94.3 35.0 37.3 199.0 166.7 5,809.5 Interest Rate Watch Deposit Rate 3M Rate % S pread % U .S . 0.1 Kuw ait 1.1 KS A ** 0.5 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  C ompanies 52-Week C urrent M . C ap C hange (U S D Bn) % 1.2 4.6% 1.2 3.2% 2.5 2.9% 52.7 2.9% 9.7 2.9% M TD % 2.8% -0.8% -3.4% 9.3% 3.5% YTD % 7.3% 21.2% 3.5% 7.3% 1.6% M . C ap C hange (U S D Bn) % M TD % YTD % P r ecious M etals -4.6% -11.5% -1.4% -7.2% -2.2% -4.6% 16.1% 13.2% 5.3% -6.5% 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 1.0 0.4 -0.0 0.5 2.1 1.9 -0.6 5YR Rate 10YR Rate 0.5 1.2 0.7 2.6 0.7 2.2 0.5 1.3 3.0 1.7 3.2 4.7 3.8 4.8 -0.7 -0.4 N ext F O MC M t Date: M ar 16/17 Commodity Watch C ountry UA E UA E UA E KS A KS A 1.7 2.4 8.0 2.0 1.1 -4.6% -4.4% -3.6% -3.3% -3.0% 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  UAE is expected to see a strong return to GDP growth in 2021 as the government diversif ies the economy with infrastructure spending and private investment – UAE Central Bank   UAE ranks number one overall as the most competitive emerging market in GCC followed by Saudi Arabia, Qatar, Bahrain, Oman and Kuwait – Agility Emerging Markets Logistics Index  C lose P rice C hange % M TD % YTD % High 52-Week Low 1,837.1 27.2 61.1 46,505.2 0.4 -0.2 0.9 0.2 -0.5 0.7 9.3 40.3 -3.1 3.2 17.9 60.4 2,063.2 29.2 61.1 46,505.2 1,469.8 12.0 19.3 4,841.7 1.2 104.6 0.3 6.4 21.6 0.6 -0.6 -0.2 -0.2 1.8 -0.2 -0.1 -0.2 0.1 -34.6 -0.8 1.3 -0.5 -1.4 -4.9 1.2 112.1 0.3 7.2 82.7 1.1 102.3 0.3 6.4 13.7 U.S. job openings increased by 74,000 to 6.65 million in December - U.S Department of Labour China’s consumer inflation eased in January with the consumer price index decreasing by 0.3% from a year ago – National Bureau of statistics (China) 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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