MENA Daily Morning Brief - 23 February

Transcription

1. Research @M arkaz.com Daily Morning Brief Equity Watch February 23, 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 472 2,434 143 215 111 111 76 21 11 119 9,078 10,085 5,662 5,700 6,862 2,543 1,488 3,561 -0.3 -0.1 -1.8 0.1 0.2 0.2 -1.0 0.1 -0.1 2.2 4.3 -3.7 1.2 -1.4 -1.4 -4.2 1.7 -2.5 4.2 5.0 4.5 6.5 -3.4 3.5 12.2 7.3 2.8 4.9 2.8 8.6 2.0 -8.2 -0.1 3.2 -2.7 -10.5 6.5 8.7 0.5 5.9 -4.0 4.7 -7.9 15 23 17 16 21 21 12 9 9 50,812 34,951 2,707 6,875 2,788 3,877 6,612 1,938 -0.7 -0.8 -0.2 0.5 4.7 4.4 3.2 7.2 3.6 3.2 2.3 7.4 9.2 12.2 -3.0 3.3 12.4 14.7 1.9 8.2 28 30 17 19 8,041 6,685 1,306 1,398 3,818 49,744 -2.3 -1.5 -2.3 5.1 4.6 7.5 8.2 4.9 4.2 4.7 3.5 13.4 13.7 5.9 16.7 20 16 31 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 3,942 206 95 98 13 2,594 Kuw ait 106 166 59 47 60 145 UA E 291 122 13 30 79 244 Q atar 90 46 10 31 5 70 Bahrain 4 44 13 5 26 2 O man 2 121 5 14 102 4 T otal 4 ,4 3 5 705 195 225 285 3 ,0 5 9 Yield Curve & CDS Watch LIBOR (In %) US Treasuries (In %) Blue Chip Watch C ompanies M .C ap (U S D Bn) Saudi A r abia S audi A ramco 1,845 S A BIC 83 S audi Telecom 61 A l-Rajhi Bank 56 NC B 36 United A r ab Emirates E TIS ALAT 47 FAB 45 43 TA QA 23 Intl. H olding C o. E mirates N BD 20 Kuwait 19 N BK 18 KF H 9 Zain 5 Bouby an Bank 5 A gility Q atar 42 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 * 19 12 11 9 C lose P rice C hange % M TD % YTD % 35 104 115 85 45 -0.4 1.0 -0.9 0.4 -0.8 -0.1 3.2 2.1 16.9 7.5 -1.1 2.6 8.7 14.8 4.3 -0.2 15.0 20.2 4.4 7.7 11.8 19.0 11.8 33 21 20 12 20 15 1 47 11 -0.7 0.7 3.7 -1.3 1.9 -3.4 1.7 -2.2 16.9 16.7 -2.8 11.4 10.2 4.3 9.9 22.6 219.9 10.6 3.4 13.3 25.5 107.6 10.3 19 16 40 39 11 830 724 621 545 728 -0.6 0.6 -0.3 -0.2 0.7 -4.9 0.3 -3.0 -4.6 -3.3 -1.2 6.9 2.5 -4.0 7.7 8.1 17.8 10.9 12.0 9.6 8.3 18.0 11.8 13.6 23.4 26 38 14 56 24 16 -2.0 -8.3 -7.9 8.9 5.9 14 12 2 16 4 -3.2 -1.9 -2.9 -1.9 -2.8 -5.8 -1.2 -3.1 7.3 -10.5 -4.6 -7.0 2.4 16.7 17.9 0.5 2.3 1.0 11.4 3.6 36 13 15 Know ledge E conomic C ity C o S audi P harma & M edical A ppliances C orp N ational Building and M arketing C o TA QA C ommercial Bank Top 5 Losers *  E mirates Refreshments Damac P roperties Dubai A ramex O oredoo Industries Q atar P /E TTM KIBOR Yield Curve (%) 5-year CDS Spread C ountry C ountry KS A KS A KS A UA E Q atar M . C ap C hange M TD (U S D Bn) % % 1.5 10.0% 47.7% 1.4 5.9% 11.6% 1.2 4.7% 6.8% 42.9 3.7% -3.4% 4.9 3.2% 2.5% 52-Week C urrent 2020 63.4 41.5 110.9 39.2 42.5 227.0 254.6 - 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 62.0 37.4 97.7 35.0 37.3 202.0 169.9 9,664.6 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 1.5 E uro Region -0.6 Last F O MC M eeting Date: Jan 26/27  C ompanies C ompanies 3-Yr 5-Yr C A GR C A GR YTD % 42.9% 8.2% -17.6% -2.8% -0.1% 1.0 0.4 -0.0 0.5 2.1 1.4 -0.6 5YR Rate 10YR Rate 0.6 1.4 0.7 2.6 0.8 2.3 0.5 1.5 3.1 1.9 3.4 5.2 3.8 5.0 -0.6 -0.3 N ext F O MC M t Date: M ar 16/17 Commodity Watch C ountry UA E UA E UA E Q atar Q atar M . C ap C hange (U S D Bn) % 2.3 1.9 1.6 6.6 19.4 -4.9% -4.2% -4.2% -3.4% -3.2% M TD % YTD % 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 57.7% 447.7% -14.9% -12.3% -9.3% -10.5% -10.8% -0.4% -2.8% 7.3% 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 1,808.7 28.2 65.2 54,173.7 1.5 3.5 3.7 -5.8 -2.0 4.3 16.8 63.5 -4.6 6.8 25.9 86.9 2,063.2 29.2 65.2 57,492.9 1,469.8 12.0 19.3 4,841.7 1.2 105.1 0.3 6.5 23.5 0.3 -0.4 0.1 0.1 6.3 0.1 0.4 -0.1 0.6 -29.1 -0.5 1.8 -0.5 -1.0 3.1 1.2 111.2 0.3 7.2 82.7 1.1 102.3 0.3 6.4 20.0  Online sales in the UAE surged by 255 percent in 2020 to hit $412 million and is expected to reach $619 million by 2025, with a compound annual growth (CAGR) of 8.5 percent – Zawya  President Joe Biden launched changes to the U.S. coronavirus aid program for small businesses to try to reach those businesses left behind in previous rounds – Reuters  Companies that choose to set up or relocate their headquarters in Saudi Arabia will not have Saudization forced on them, according to the Saudi Investment Minister - Zawya  Average new home prices in China grew by 3.9% y-o-y in January, despite several rounds of government cooling measures – 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. 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