MENA Daily Morning Brief - 9 February

Transcription

1. Research @M arkaz.com Daily Morning Brief Equity Watch February 9, 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 462 2,400 149 216 112 112 79 21 11 117 8,809 10,445 5,656 5,703 6,865 2,643 1,460 3,578 0.6 1.4 -0.5 -0.3 -0.4 -0.4 -0.9 -0.2 -0.5 0.7 1.2 -0.3 1.1 -1.3 -1.3 -0.4 -0.2 -2.1 2.6 4.9 1.4 6.0 0.1 5.5 12.1 7.1 2.8 4.9 2.8 8.6 6.1 -7.4 -2.0 3.1 -2.2 -10.6 7.1 9.2 1.9 6.8 -2.4 4.6 -7.8 15 22 17 17 21 21 10 9 9 49,095 34,787 2,613 6,833 2,796 3,916 6,524 1,924 0.8 0.7 0.5 1.7 5.0 5.4 1.8 6.4 3.9 4.2 1.0 6.6 10.9 14.3 -2.7 3.6 13.7 16.4 3.3 8.7 28 30 17 19 7,116 6,459 1,344 1,400 3,703 51,349 0.3 1.0 1.2 5.3 1.4 10.9 8.4 1.7 7.5 7.0 4.1 14.7 14.4 5.1 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 3,325 206 184 15 7 2,155 Kuw ait 144 166 44 68 54 135 UA E 313 122 25 25 72 214 Q atar 53 46 13 28 5 72 Bahrain 2 44 11 3 30 2 O man 2 121 11 9 101 4 T otal 3 ,8 3 9 705 288 148 269 2 ,5 8 1 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 1,829 S A BIC 81 S audi Telecom 60 A l-Rajhi Bank 51 NC B 34 United A r ab Emirates E TIS ALAT 47 FAB 44 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 S audi A rabian M ining C ompany N ational Bank of Ras A l Khaimah S A BIC A gri-N utrients C o Banque S audi F ransi S eera G roup H olding Top 5 Losers *  E mirates Refreshments E maar M alls A ir A rabia A ldar P roperties E mirates N BD Bank C hange % M TD % YTD % 3-Yr 5-Yr C A GR C A GR P /E TTM 34 101 112 77 43 0.6 1.6 -0.7 2.1 1.3 -1.0 0.4 -0.5 6.2 1.7 -2.0 -0.2 5.8 4.3 -1.4 -0.9 15.6 18.6 3.3 9.6 12.0 18.4 10.9 33 20 20 11 20 15 1 47 11 -0.3 -0.3 -0.7 0.9 -2.2 0.3 0.5 -1.4 1.0 -2.2 17.3 15.2 -0.7 10.7 10.2 4.4 9.1 35.9 219.9 11.7 4.2 13.0 28.4 112.1 9.9 19 16 53 38 11 842 725 632 564 743 -0.9 -0.3 -0.5 -0.5 -0.5 -3.6 0.4 -1.3 -1.2 -1.3 0.2 7.1 4.3 -0.7 9.9 9.1 17.6 10.9 13.7 9.4 8.9 19.7 13.2 15.0 24.2 26 38 14 58 25 17 -1.5 -4.4 -4.0 10.2 6.9 14 12 2 17 4 -0.4 -0.5 -0.2 -0.8 -0.8 1.1 2.1 0.1 9.5 -4.0 -1.5 -4.0 4.8 20.5 18.3 3.1 3.6 3.6 11.5 5.1 48 14 15 KIBOR Yield Curve (%) 5-year CDS Spread C ountry C ountry KS A UA E KS A KS A KS A M . C ap C hange M TD (U S D Bn) % % 15.7 9.1% 16.8% 1.8 3.7% 0.0% 10.8 3.3% 7.3% 10.4 3.2% -1.5% 1.4 3.1% -1.5% 52-Week C urrent 2020 63.4 41.5 110.9 38.2 42.5 217.0 254.4 - 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 37.3 199.0 166.7 5,809.5 Interest Rate Watch Deposit Rate 3M Rate % S pread % U .S . 0.1 Kuw ait 1.0 KS A ** 0.5 UA E 0.1 Q atar 0.6 O man 2.2 Bahrain 1.9 E uro Region -0.6 Last F O MC M eeting Date: Jan 26/27  C ompanies C ompanies C lose P rice- YTD % 18.3% 0.0% 21.1% 2.8% -9.0% 0.9 0.4 -0.0 0.5 2.1 1.8 -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 4.6 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 UA E UA E M . C ap C hange (U S D Bn) % 2.8 6.1 1.5 8.0 19.5 -3.6% -3.4% -3.2% -3.1% -2.2% 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 93.0% 570.2% -3.4% -6.6% -3.2% -5.5% 7.2% 18.4% -2.2% 10.2% 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 1,830.2 27.3 60.6 46,416.5 C hange % 1.0 1.6 2.1 19.5 M TD % -0.9 0.9 8.4 40.1 YTD % -3.5 3.4 16.9 60.1 High 52-Week Low 2,063.2 29.2 60.6 46,416.5 1,469.8 12.0 19.3 4,841.7 1.2 105.2 0.3 6.4 21.2 0.0 -0.1 0.1 -0.3 1.8 -0.7 0.5 0.3 -35.8 -1.4 1.9 -0.3 -1.2 -6.6 1.2 112.1 0.3 7.2 82.7 1.1 102.3 0.3 6.4 13.7  Dubai’s non-oil private sector PMI fell to 50.6 in January from 51.0 in December. Growth was a fraction slower this month as business activity and new orders softened – Zawya  Tesla Inc. announced that it had made an investment of $1.5 billion in bitcoin in a huge boost for the cryptocurrency which reached a new record high - FT  UAE investors feel confident about their region’s economic perspectives, with 85 percent expressing optimism for the current year – UBS  UK’s tough lockdown measures had reduced consumer spending in January by 16% yearon-year – UK Guardian 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. 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