MENA Daily Morning Brief - 13 April

Transcription

1. Research @M arkaz.com Daily Morning Brief Equity Watch April 13, 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 S X30) 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 510 2,571 148 239 117 117 76 21 12 128 9,908 10,501 6,092 5,958 7,277 2,586 1,463 3,726 -0.3 -0.3 -0.6 0.4 -0.4 -0.3 -0.3 0.4 0.2 0.4 -0.0 1.0 3.0 3.2 3.7 1.4 0.3 0.5 12.3 14.0 0.6 20.7 7.4 9.0 3.8 -1.8 1.8 6.9 8.2 5.6 9.4 7.5 11.3 -5.8 4.2 -7.9 6.6 8.8 0.5 6.1 -6.1 5.4 -8.3 15 26 19 18 24 24 13 9 9 52,069 37,037 2,747 6,651 2,907 4,128 6,889 1,955 -0.1 -0.4 -0.2 3.4 3.9 2.6 0.0 8.1 9.9 6.6 8.3 11.6 15.8 -1.8 4.2 11.7 14.7 1.6 7.3 28 31 20 19 8,108 6,182 1,239 1,322 3,577 47,883 -0.6 -1.1 -3.4 0.4 -0.8 -3.3 2.4 -1.7 0.3 4.2 2.6 11.9 9.4 2.1 13.3 23 14 30 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 2,195 206 93 91 22 3,178 Kuw ait 209 166 49 60 57 143 UA E 271 122 17 34 71 279 Q atar 134 46 12 34 - 80 Bahrain 1 44 21 3 20 2 O man 2 121 21 9 91 8 T otal 2 ,8 1 2 705 213 231 261 3 ,6 9 0 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 % 36 116 122 54 92 0.3 0.5 -1.0 -2.2 -1.5 -1.0 -1.0 -3.9 0.9 -6.9 1.9 14.6 14.9 23.6 25.0 -0.2 13.9 7.4 22.5 8.7 14.3 13.8 20.1 39 22 15 22 22 87 14 1 12 0.6 -0.4 0.6 -0.7 - 1.2 36.1 -0.8 -2.1 1.3 29.6 106.8 12.2 -4.9 13.1 8.7 293.1 5.6 9.3 5.8 3.2 133.5 10.0 18.0 8.5 21 55 16 39 12 727 828 606 634 764 -1.4 -0.5 0.6 0.9 4.1 2.6 0.2 10.0 5.2 18.1 3.5 17.2 13.0 23.5 9.9 12.9 18.0 11.9 19.0 10.1 11.6 15.9 21.4 42 27 14 69 36 18 0.7 0.2 1.1 8.0 7.2 15 12 2 17 4 -1.4 -2.5 -0.3 -0.4 4.4 6.9 0.9 -0.8 14.7 -2.6 -3.0 -6.0 3.2 17.8 16.9 5.9 3.3 -0.9 10.6 4.0 38 14 15 Saudi A r abia S audi A ramco 1,901 S A BIC 93 S audi Telecom 65 S audi N ational Bank 64 A l Rajhi Bank 61 United A r ab Emirates E TIS ALAT 52 Intl. H olding C o 43 FAB 43 TA QA 42 E mirates N BD 20 Kuwait 20 KF H 20 N BK 9 Zain 7 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 * 21 13 11 9 3-Yr 5-Yr C A GR C A GR P /E TTM KIBOR Yield Curve (%) 5-year CDS Spread C ountry S audi G round S erv ices C o U nited E lectronics C o DU S audi Research and M arketing G roup Bank A lbilad Top 5 Losers *  C ountry KS A KS A UA E KS A KS A M . C ap C hange M TD (U S D Bn) % % 1.7 4.9% 5.7% 1.9 3.1% 13.1% 8.5 2.8% -1.6% 1.8 2.8% 8.7% 7.2 2.6% 2.3% 2020 68.4 47.5 109.9 39.2 47.6 223.5 216.5 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 High Low 203.0 148.9 312.8 64.6 177.3 592.5 508.5 60.4 37.4 104.9 38.9 37.3 208.0 198.4 Interest Rate Watch Deposit Rate  C ompanies 52-Week C urrent 3M Rate % S pread % U .S . 0.1 Kuw ait 1.3 KS A ** 0.5 UA E 0.1 Q atar 0.6 O man 2.2 Bahrain 1.1 E uro Region -0.6 Last F O MC M eeting Date: M ar 16/17 YTD % 6.7% 37.3% 19.8% 7.9% 27.0% 1.2 0.4 0.5 2.1 1.0 -0.6 5YR Rate 10YR Rate 0.9 1.7 0.5 2.6 0.7 2.6 0.4 1.7 3.6 2.1 2.6 4.9 3.0 5.3 -0.6 -0.3 N ext F O MC M t Date: A pr 27/28 Commodity Watch C ompanies C ountry E astern P rov ince C ement C o Kuw ait Telecommunications C o Q atar A luminum M anufacturing C o A hli Bank N ational Building and M arketing C o KS A Kuw ait Q atar Q atar KS A M . C ap C hange (U S D Bn) % 1.2 1.5 2.2 2.4 1.1 -7.2% -4.9% -4.8% -4.7% -3.7% M TD % YTD % P r ecious M etals 1.9% -2.0% 20.2% 0.0% -6.2% 28.6% 5.9% 46.6% 4.8% -27.4% 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  Dubai recorded $6.73bln FDI in 2020; 455 projects created 18,325 jobs - Zawya  SABIC signs MoU with Saudi Investment Recycling Co to help SIRC set up its first chemical recycling plant to convert mixed plastic waste into recycled feedstock – Zawya  52-Week C lose P rice C hange % M TD % YTD % High Low 1,732.5 24.8 63.3 59,831.7 -0.6 -1.6 0.5 -0.2 1.5 1.9 -0.4 1.8 -8.6 -5.7 22.2 106.4 2,063.2 29.2 69.6 61,165.2 1,680.1 14.8 19.3 6,619.0 1.2 109.4 0.3 6.5 16.9 0.1 -0.3 -0.1 1.3 1.5 -1.2 -0.2 -0.1 -12.8 -2.5 5.9 -0.7 0.3 -25.7 1.2 110.7 0.3 7.2 45.4 1.1 102.7 0.3 6.4 16.7 U.S. budget deficit hits record high of $660 billion for March as aid swells outlays – Reuters  China’s exports in dollar terms rose by 30.6% in March from one year earlier while imports jumped 38.1% compared to the same time last year – Reuters 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. The report is owned by Markaz and is privileged an d p ro pr ieta r y a nd i s subject to copyrights. Sale of any copies of this report is strictly prohibited. This report cannot be quoted without the prior written consent of Markaz. Any user after obtaining Markaz permission to use this report must clearly mention the sour c e a s “Markaz “. This Report is intended to be circulated for general information only and should not to be construed as an offer to buy or sell or a solicitation of an offer to buy or sell any financial instruments or to participate in any p a rti c ul ar tra d in g strategy in any jurisdiction. The information and statistical data herein have been obtained from sources we believe to be reliable but in no way are warranted by us as to its accuracy or completeness. Markaz has no obligation to update, mod if y o r amend this report. For further information, please contact ‘Markaz’ at P.O. Box 23444, Safat 13095, Kuwait. Tel: 00965 1804800 Fax: 00965 22450647. Email: research@markaz.com