of  

or
Sign in to continue reading...

MENA Daily Morning Brief - 18 November

Majed Salah
By Majed Salah
4 years ago
MENA Daily Morning Brief - 18 November


Create FREE account or Login to add your comment
Comments (0)


Transcription

  1. Research @Markaz.com Daily Morning Brief Equity Watch Value Traded & Advances/Decline Ratio M. Cap Close Change (USD Bn) Price % Indicators GCC Markets S&P GCC Composite Saudi (TASI) Qatar(QE Index) Abu Dhabi (ADI) Kuwait All Share Index (PR) Kuwait All Share Index (TR) Dubai (DFMGI) Bahrain (BAX) Oman(Muscat SM) Developed markets MSCI World Index U.S. (S&P 500) U.K. (FTSE) Japan (Topix) Emerging markets MSCI EM Index China (Shanghai Indx.) India (Sensex) Blue Chip Watch Companies M.Cap (USD Bn) Saudi Arabia SABIC Saudi Telecom Al-Rajhi Bank NCB Saudi Electricity Co United Arab Emirates FAB ETISALAT Emirates NBD ADBC DP WORLD Kuwait NBK KFH Zain Boubyan Bank Agility Qatar Qatar National Bank Industries Qatar Qatar Islamic Bank Mesaieed Petro Masraf Al Rayan MTD % YTD 3-Yr 5-Yr P/E % CAGR CAGR TTM Companies 110 7,928 10,317 5,061 5,736 6,624 2,705 1,499 4,093 -0.2 0.0 -0.4 -1.5 0.1 0.1 0.1 -0.4 0.2 1.6 2.4 1.3 -0.9 0.3 0.3 -1.5 -1.6 2.3 2.6 1.3 0.2 3.0 12.9 17.2 6.9 12.1 -5.3 5.8 6.1 1.8 5.6 9.2 13.2 -6.5 8.3 -9.4 -3.3 -3.3 -5.8 0.5 -9.9 0.7 -10.3 15 17 14 13 14 14 7 10 8 Saudi Arabia Kuwait UAE Qatar Bahrain Oman 499 54 61 27 3 3 121 47 16 58 5 Total 646 712 273 297 142 1,000 42,272 27,224 2,516 5,960 2,283 3,120 7,303 1,697 0.0 0.0 0.0 0.0 2.2 2.7 0.8 1.8 21.2 24.5 8.5 13.6 10.4 12.7 2.5 5.9 5.8 8.8 1.7 4.0 19 22 15 15 Yield Curve & CDS Watch 5,583 4,592 1,004 1,049 3,029 40,357 0.0 0.0 0.0 0.7 -1.3 0.6 8.6 16.0 11.9 7.5 -3.2 15.6 1.2 3.4 7.6 14 12 22 Close Price Change % MTD % YTD % 3-Yr CAGR 5-Yr CAGR P/E TTM 74 52 42 37 23 92 98 64 46 21 -0.8 -1.0 2.4 0.3 -0.6 4.9 2.3 5.1 5.1 0.0 -20.8 6.8 11.6 -4.5 37.3 2.4 13.2 16.1 18.7 4.8 -1.8 7.3 9.3 2.4 5.2 29 17 15 13 - 45 39 21 15 17 12 -2.4 -1.2 4.7 -0.1 -0.4 2.1 7.8 -2.8 42.9 19.7 -2.8 16.3 4.2 9.7 5.2 14 16 5 14 10 8 13 -0.4 0.4 -2.6 -5.2 -6.9 -26.3 8.0 -9.1 0.1 -9.8 9 8 21 16 8 5 4 974 682 564 557 744 0.6 0.0 0.0 -0.2 0.3 3.5 -0.3 -0.2 -0.9 -0.8 22.6 22.8 25.6 10.9 6.7 20.8 20.4 11.2 19.6 26.1 5.6 8.2 -1.6 8.8 6.0 16 19 11 28 15 49 17 10 9 8 19 10 15 3 4 -1.1 -1.0 -0.5 -1.5 -0.5 0.9 -2.9 0.3 2.8 3.5 -0.6 -23.7 0.4 71.0 -6.9 11.9 -0.6 15.1 19.2 5.0 2.2 -12.4 6.4 -4.2 -5.5 13 19 13 38 14 Companies Emirates NBD Bank Kingdom Holding Co Al Rajhi Banking & Investment Corp Network International Holdings Ezdan Holding Group Country UAE KSA KSA UAE Qatar 81 69 23 31 22 119 70 68 13 11 5 25 41 2 11 766 75 89 62 2 US Treasuries (In %) KIBOR Yield Curve (%) 5-year CDS Spread Country 52-Week Current 2018 67.6 43.9 123.7 44.9 44.3 292.0 209.4 100.0 69.6 135.0 64.5 81.3 346.5 293.6 KSA Abu-Dhabi Dubai Kuwait Qatar Oman Bahrain High Low 107.9 70.9 148.5 66.0 84.1 387.5 308.9 64.5 41.8 122.5 30.4 42.5 236.0 202.8 Interest Rate Watch Deposit Rate 3M Rate % Spread % U.S. 1.8 Kuwait 2.5 KSA** 1.9 UAE 1.8 Qatar 1.7 Oman 2.3 Bahrain 2.4 Euro Region -0.5 Last FOMC Meeting Date: Oct 29/30 0.7 0.1 0.0 -0.1 0.5 0.6 -2.3 5YR Rate 10YR Rate 1.6 2.1 2.5 2.1 2.6 3.9 4.9 -0.6 Next FOMC Mt Date: Dec 1.8 2.4 3.1 2.5 2.7 5.6 4.9 -0.3 10/11 Commodity Watch Country Saudi Arabian Mining Co National Central Cooling Co Damac Properties Dubai Co Aldar Properties Aramex KSA UAE UAE UAE UAE M. Cap Change (USD Bn) % 13.3 1.3 1.3 4.7 1.4 MTD % -2.8% 0.9% -2.7% -1.1% -2.7% -7.9% -2.7% -7.2% -2.5% -12.0% YTD % Precious Metals -13.2% 2.9% -47.5% 36.3% -19.6% Gold $/oz Silver $/oz IPE Brent $/bbl Bitcoin/USD Currency Watch USD (1 EUR =) Yen (1 USD =) KWD (1 USD =) CNY (1 EUR =) CBOE 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  205 164 132 46 44 LIBOR (In %) M. Cap Change MTD YTD (USD Bn) % % % 21.1 4.7% 15.5% 42.9% 6.9 2.6% -6.3% -10.1% 42.3 2.4% 5.1% 11.6% 3.4 2.1% -1.3% 4.8 1.9% 4.3% -49.5% Top 5 Losers*  Companies Value Traded Listed ADTV – 1M Advances Declines Unchanged (USD mn) companies (USD mn) 407 497 144 140 109 109 78 25 13 Top 5 Gainers*   November 18, 2019 Global debt to end 2019 at a record high of more than $255Tn, nearly $32,500 for each of the 7.7Bn people on planet, and three times the world’s annual economic output. – IIF th Singapore’s exports in Oct shrank for the 8 straight month and were worse than analysts’ expectations as shipments of electronics continued to slide. Non-oil domestic exports fell 12.3% year-on-year, compared with a drop of 8.1% in Sept. - Reuters  52-Week Close Price 1,467.1 16.9 63.3 8,499.3 Change % 0.0 0.0 0.0 0.4 MTD % -3.0 -6.5 5.1 -7.1 YTD % 14.4 9.5 17.7 130.1 High Low 1,552.4 19.6 74.5 12,921 1,214.3 14.1 50.4 3,179.5 1.1 108.7 0.0 0.0 -0.9 0.7 -3.7 -0.8 1.2 113.8 1.1 105.3 0.3 7.0 13.1 0.1 0.0 8.3 0.2 -0.4 -1.3 0.2 1.9 -48.7 0.3 7.2 36.1 0.3 6.7 10.9 OPEC production averaged 29.65 mbpd, edging up by 943,000 bpd - OPEC monthly report  The industrial sector in the UAE tops GCC M&A transactions in Q3-19. DP World’s acquisition of Topaz Energy and Marine from Renaissance Services and Standard Chartered PE for a total value of $1.1Bn was the top reported deal.– Markaz 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 and proprietary and is 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 source as “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 particular trading 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, modify or 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