MENA Daily Morning Brief - 2 February

Transcription

1. Research @M arkaz.com Daily Morning Brief Equity Watch February 02, 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 460 2,381 150 216 113 113 80 21 11 116 8,648 10,474 5,635 5,759 6,932 2,696 1,466 3,650 -0.3 -0.6 0.0 0.7 -0.4 -0.4 1.6 0.3 -0.1 -0.3 -0.6 0.0 0.7 -0.4 -0.4 1.6 0.3 -0.1 1.6 3.6 -0.5 4.1 0.4 4.4 11.7 6.9 3.8 5.1 3.8 8.7 8.2 -7.5 -1.6 2.6 -0.2 -10.2 6.1 7.7 1.6 6.4 -2.5 4.5 -7.0 15 22 17 16 21 21 10 9 9 49,095 33,213 2,571 6,554 2,698 3,774 6,466 1,830 1.4 1.6 0.9 1.2 1.4 1.6 0.9 1.2 0.3 0.5 0.1 1.4 7.5 11.0 -4.6 -0.6 11.7 14.5 1.9 5.7 28 29 17 20 7,116 6,445 1,275 1,361 3,674 48,601 2.4 0.6 5.0 2.4 0.6 5.0 5.4 0.9 1.8 3.4 0.4 11.5 13.0 4.8 14.8 20 15 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 2,374 206 41 148 17 2,218 Kuw ait 157 166 41 75 50 125 UA E 182 122 43 12 67 200 Q atar 73 46 27 14 5 71 Bahrain 2 44 14 5 25 2 O man 2 121 6 12 103 4 T otal 2 ,7 9 0 705 172 266 267 2 ,6 2 1 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 % 34 100 111 72 42 -1.4 -0.8 -1.6 -0.4 0.6 -1.4 -0.8 -1.6 -0.4 0.6 -2.4 -1.4 4.7 -2.2 -2.4 -2.2 14.5 13.5 2.5 8.3 12.0 17.0 9.4 33 20 19 11 20 1 15 46 12 0.6 0.7 -0.0 0.4 0.6 0.7 -0.0 0.4 17.6 0.7 15.3 9.5 13.1 3.8 38.1 9.6 218.0 11.1 4.2 27.5 12.7 121.3 10.0 19 54 16 38 12 867 722 636 568 745 -0.7 -0.6 -0.5 -1.1 -0.7 -0.6 -0.5 -1.1 3.2 6.6 5.0 10.2 10.4 17.8 10.8 14.9 9.4 9.5 18.4 11.7 14.0 23.4 27 34 14 59 25 18 -2.3 -2.3 -1.9 8.8 6.3 15 12 2 17 4 -0.7 2.1 2.4 0.8 -0.7 2.1 2.4 0.8 9.6 -3.0 -1.2 -3.3 2.8 14.6 19.5 2.9 2.9 2.9 12.0 4.6 48 14 15 Saudi A r abia S audi A ramco 1,821 S A BIC 80 S audi Telecom 59 A l-Rajhi Bank 48 NC B 34 United A r ab Emirates E TIS ALAT 47 TA QA 44 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 44 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 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 E mirates Refreshments O rascom C onstruction N ational Building and M arketing C ompany A gthia G roup E maar P roperties Top 5 Losers *  C ompanies S eera G roup H olding S audi A rabian M ining C ompany F aw az A bdulaziz A lhokair C ompany Q atar N ational Bank Dallah H ealthcare C ompany C ountry UA E UA E KS A UA E UA E M . C ap C hange M TD (U S D Bn) % % 1.7 14.8% 14.8% 1.4 4.9% 4.9% 1.2 4.0% 4.0% 1.1 3.6% 3.6% 7.5 3.5% 3.5% 2020 67.4 41.6 113.8 38.2 42.5 232.5 254.4 - 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 94.2 34.6 37.3 199.0 165.3 4,159.7 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 1.6 E uro Region -0.6 Last F O MC M eeting Date: Jan 26/27 YTD % 298.8% 9.4% -19.8% 29.2% 9.3% 1.2 0.4 -0.0 0.5 2.1 1.5 -0.6 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 4.9 3.8 4.9 -0.7 -0.5 N ext F O MC M t Date: M ar 16/17 Commodity Watch C ountry KS A KS A KS A Q atar KS A M . C ap C hange (U S D Bn) % 1.4 13.1 1.1 44.4 1.3 -3.1% -2.8% -2.3% -2.3% -2.1% M TD % YTD % -3.1% -2.8% -2.3% -2.3% -2.1% -10.4% -1.6% -6.6% -1.9% 15.6% P r ecious M etals 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 C lose P rice C hange % M TD % YTD % High 52-Week Low 1,860.2 29.0 56.4 33,532.7 0.8 7.3 0.8 1.2 0.8 7.3 0.8 1.2 -1.9 9.9 8.8 15.7 2,063.2 29.2 59.3 40,667.1 1,469.8 12.0 19.3 4,841.7 1.2 104.9 0.3 6.5 33.1 -0.6 0.2 0.0 0.7 - -0.6 0.2 -0.1 0.7 - -1.3 1.6 -0.4 -0.9 45.5 1.2 112.1 0.3 7.2 82.7 1.1 102.3 0.3 6.4 13.7  Consumer spending in Saudi Arabia, as measured by point-of-sales transactions and cash withdrawals, declined by 4 percent in 2020 compared to the previous year. – Zawya  The issuance of sustainability-themed debt instruments, including green, social and sustainability-linked bonds is expected to surpass USD 700 billion in 2021. – S&P  UAE Central Bank issued its first comprehensive financial consumer protection regulatory framework that defines the relationship between banks, financial firms and consumers. – Zawya  The UK applies to join a free trade area with 11 Asia and Pacific nations, a year after it officially left the EU. – BBC 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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