of  

or
Sign in to continue reading...

MENA Markets Daily Report - 30 October

Adnan Borras
By Adnan Borras
7 years ago
MENA Markets Daily Report - 30 October

Ard, Islam, Salam , Takaful , Commenda


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


Transcription

  1. KAMCO Research MENA Markets Daily Report Country October 30 , 2017 Benchmark Index Value DTD Change YTD 2017 FY 2016 MENA Countries Kuwait Price Index ▼ 6,607.75 (0.2%) 15.0% 2.4% Kuwait …………………………………. 2 Kuwait Weighted Index ▼ 426.87 (0.5%) 12.3% (0.4%) Saudi Arabia ………………………. 3 Kuwait KSX 15 Index ▼ 990.95 (0.7%) 12.0% (1.7%) UAE - Dubai …………………………. 4 Saudi Arabia TADAWUL All Share Index ▲ 6,956.47 0.7% (3.5%) 4.3% UAE - Nasdaq Dubai……… 5 UAE - Dubai DFM General Index ▼ 3,639.67 (0.3%) 3.1% 12.1% UAE - Abu Dhabi …………………… 6 UAE - Nasdaq Dubai FTSE NASDAQ Dubai UAE 20 Index ▲ 3,492.92 0.0% 6.0% 7.5% Qatar …………………………………… 7 UAE - Abu Dhabi ADX General Index ▼ 4,462.76 (0.1%) (1.8%) 5.6% Bahrain ………………………………… 8 Qatar QE 20 Index ▲ 8,134.46 0.1% (22.1%) 0.1% Oman …………………………………… 9 Bahrain Bahrain All Share ▼ 1,276.77 (0.0%) 4.6% 0.4% Egypt …………………………………. 10 Oman MSM 30 Index ▲ 4,966.65 0.2% (14.1%) 7.0% Jordan…………………………… 11 Egypt EGX 30 ▲ 14,024.41 0.5% 13.6% 76.2% Tunisia …………………………………. 12 Jordan ASE Index ▼ 2,094.00 (0.4%) (3.5%) 1.6% Lebanon ………………………………. 13 Lebanon Blom Stock Index ▲ 1,160.50 0.5% (4.3%) 3.7% Morocco……………………….. 14 Tunisia Tunisia Index ▲ 6,083.65 0.1% 10.8% 8.9% Syria ……………………………… 15 Morocco MASI ▲ 12,402.61 0.3% 6.5% 30.5% Syria DSE Weighted Index ▲ 4,020.83 0.6% 148.6% 31.7% 3,387.49 (0.9%) 9.1% (12.3%) In this Report… Emerging Markets China SSE Composite Index ▼ Russia RUSSIAN RTS INDEX ($) ▲ 1,118.62 0.0% (2.9%) 52.2% India SENSEX ▲ 33,286.15 0.4% 25.0% 1.9% Brazil BOVESPA Stock Index ▲ 75,975.71 0.1% 26.1% 38.9% Mexico BOLSA Index ▲ 49,209.58 0.5% 7.8% 6.2% Korea KOSPI Index ▲ 2,498.96 0.1% 23.3% 3.3% Taiwan TAIEX Index ▲ 10,756.87 0.4% 16.2% 11.0% Global Markets Investment Research Department Kamcoird@kamconline.com P.O.Box 28873,Safat 13149 Kuwait Tel: (965) 1852626, Extn: 1153 / 1146 Fax: (965) 22492395 http://www.kamconline.com KAMCO Investment Company - K.S.C (Public) World MSCI World Index ▲ 2,034.60 0.4% 16.2% 5.3% Asia MSCI Asia Pacific ▲ 167.35 0.5% 23.9% 2.3% Europe DJ Stoxx 600 ▲ 393.43 0.6% 8.9% (1.2%) Europe FTSEurofirst 300 ▲ 1,546.67 0.5% 8.3% (0.6%) Emerging Markets MSCI EM Index ▲ 1,110.22 0.2% 28.8% 8.6% U.S.A S&P 500 ▲ 2,581.07 0.8% 15.3% 9.5% U.S.A DJIA ▲ 23,434.19 0.1% 18.6% 13.4% U.S.A NASDAQ Composite ▲ 6,701.26 2.2% 24.5% 7.5% UK FTSE 100 ▲ 7,505.03 0.3% 5.1% 14.4% Germany DAX ▲ 13,217.54 0.6% 15.1% 6.9% Japan NIKKEI 225 ▼ 22,004.14 (0.0%) 15.1% 0.4% Hong Kong HANG SENG INDEX ▼ 28,404.78 (0.1%) 29.1% 0.4% Oil OPEC Crude ▲ 56.45 0.2% 5.9% 67.1% Oil Brent ▼ 60.40 (0.1%) 6.3% 52.4% Oil Kuwait ▲ 55.74 1.1% 4.5% 85.5% Natural Gas NYMEX Natural Gas (USD/MMBtu) ▲ 2.97 0.0% (19.9%) 30.0% Gold Gold Spot $/Oz ▼ 1,271.30 (0.2%) 10.8% 8.1% Commodities Source: Bloomberg & KAMCO Research
  2. KAMCO Research Boursa Kuwait Daily Report October 30 , 2017 Sector Weight by Market Cap Insurance 1% Market Capitalization - Sector Returns Financial Services Technology 8% 0.1% Real Estate 7% Market Cap. Boursa Kuwait Oil & Gas 1% Oil & Gas Basic Materials Basic Materials 3% Banks 51% Industrials 11% Consumer Goods 4% Telecom 11% 28,963.5 ▼ (0.5%) (1.3%) 10.9% 216.4 ▲ 0.5% 5.3% (5.5%) 31.9% ▼ (1.1%) (3.5%) ▼ (0.3%) (2.0%) 23.2% Consumer Goods 1,037.6 ▲ 0.0% (8.7%) (27.7%) Health Care 196.8 ═ 0.0% (17.1%) (14.0%) Consumer Services 660.4 ▼ (0.0%) 2.7% 4.2% 3,145.8 ▼ (2.9%) (3.5%) 9.2% 14,671.1 ▼ (0.2%) 0.3% 18.4% Telecommunications 346.7 ▼ (0.6%) 0.6% 7.0% Real Estate 2,117.5 ▼ (0.0%) (5.1%) (3.8%) Financial Services 2,399.4 ▼ (0.1%) 0.1% (1.9%) 26.9 ═ 0.0% (3.6%) (14.1%) 35 Market Breadth Company Name Market Cap. P/E ROE* (Mn KWD) (X) (%) YTD % Chg 807.6 Technology Top 10 Companies by Market Capitalization MTD % Chg 3,337.2 Insurance Health Care 0.7% DTD % Chg Industrials Banks Consumer Services 2% DTD (KWD Mn) Benchmark Return Closing Value Price Index 53 DTD 70 DTD MTD YTD Chg % Chg % Chg % Chg 6,607.75 (15.7) (0.2%) (1.1%) 15.0% 1- National Bank of Kuwait 4,615.6 14.9 10.7% Weighted Index 426.87 (2.2) (0.5%) (0.9%) 12.3% 2- Kuwait Finance House 3,447.9 19.6 9.8% Kuwait 15 Index 990.95 (7.2) (0.7%) (0.6%) 12.0% 3- Zain 2,159.2 13.8 13.3% Market Cap (KWD Mn) 28,963 (151.0) (0.5%) (1.3%) 10.9% 4- Ahli United Bank - Bahrain 1,542.2 8.8 16.5% 5- Agility (PWC Logistics) 1,111.7 17.8 6.6% 6- Boubyan Bank 12.5% 16.9 7.8% 8- Ahli United Bank - Kuwait 757.7 18.4 10.5% 9- Burgan Bank 742.4 9.8 11.3% 10- Mabanee Co. 736.2 15.1 13.6% 16,912 14.90 11.1% 1,200 1,100 1,000 420 Volume traded (shr. mil.) 23.6 762.0 Weighted Index 1,037.3 7- Gulf Bank Index Performance relative to Volume 450 900 800 700 600 390 500 400 Total 360 300 200 100 Ekttitab Holding Co. 0.036 0.002 7.1% Al Rai Media Group Co. 0.119 0.007 6.3% Kuwait Investment Co. 0.127 0.005 4.1% Today's Top % Losers Close Change Percent (KWD) (KWD) Change 0.052 (0.003) (5.5%) National International Holding Co. 0.070 (0.003) (4.8%) Equipment Holding Co. 0.039 (0.002) (4.2%) Fujairah Cement Industries Co. 0.072 (0.003) (4.1%) The Energy House Co. 0.035 (0.001) (3.8%) Jiyad Holding Co. Nov-17 7.4% Oct-17 0.002 Sep-17 0.029 Aug-17 8.1% Credit Rating & Collection Co. Jul-17 0.003 Jun-17 0.044 May-17 Change Boubyan Int'l Industries Holding Co. Apr-17 Percent (KWD) Mar-17 Change Feb-17 Close (KWD) Today's Top % Gainers Jan-17 330 Dec-16 Top Movers and Most Active Stocks Nov-16 *: ROE is calculated based on TTM 1H-2017 net profit & shareholders' equity as of 30-June-17 0 Market Trading Data and Volatility Trading Indicators Today's DTD DTD Value Chg % Chg Average Daily YTD 2017 YTD 2016 Volume (Shrs Mn) 78.4 (17.5) (18.3%) 226.6 Value Traded (KWD Mn) 13.3 (4.7) (26.2%) 24.9 10.8 2,767 (560) (16.8%) 5,067 2,764 No. of Trades Market Volatility** Price Index Weighted Index 116.2 Volatility Since January: 2016 2015 2014 2013 2012 9.3% 8.9% 9.4% 9.9% 9.6% 10.4% 9.9% 10.1% 9.6% 9.3% **: Annualized Standard Deviation of Daily Returns Close Percent Volume (KWD) Change (Shares) Investors Holding Group Co. 0.018 (2.2%) 11,558,235 Zain 0.499 (3.3%) 10,949,709 Today's Most Active by Volume Close Percent Value (KWD) Change (KWD) Zain 0.499 (3.3%) 5,504,834 National Bank of Kuwait 0.780 0.0% 1,142,138 1,063,452 Today's Most Active by Value Kuwait Investment Co. 0.127 4.1% 8,264,551 Kuwait Investment Co. 0.127 4.1% Arab Real Estate Co. 0.036 (3.2%) 4,018,075 Boubyan Petrochemicals Co. 0.640 (1.5%) 599,388 Alimtiaz Investment Group 0.165 (1.2%) 3,551,755 Alimtiaz Investment Group 0.165 (1.2%) 588,694 Source: Boursa Kuwait, KAMCO Research 2
  3. KAMCO Research Saudi Tadawul Daily Report October 30 , 2017 Sector Returns Index Performance relative to Volume 8,000 650 Market Cap. DTD MTD YTD (SAR Mn) % Chg % Chg % Chg 600 Saudi Stock Exchange 550 500 450 TASI Value 7,000 400 350 Energy Vol. Traded (Mln. Shares) 7,500 Materials Capital Goods Commercial & Professional Svc 300 250 0.9% (5.0%) (2.7%) 22,993 0.3% (3.7%) (12.0%) 524,968 0.4% (3.6%) 2.5% 8,710 0.7% (5.0%) (64.7%) 8,021 1.0% (7.1%) (17.0%) 13,119 0.1% (7.0%) (26.4%) 3,317 0.1% (7.1%) (10.6%) 14,326 1.3% (7.1%) (15.5%) 5,315 0.1% (12.4%) 65.1% 32,921 0.1% (8.3%) 16.0% 7,114 0.9% (3.7%) 7.8% Food & Beverages 78,537 1.3% (16.0%) (11.0%) Health Care Equipment & Svc 26,868 0.6% (5.3%) (2.9%) 3,628 0.4% (8.3%) (26.0%) 444,742 0.7% (4.3%) 3.6% 40,551 0.6% (3.6%) (14.8%) Transportation Consumer Durables & Apparel Consumer Services Media 6,500 1,637,552 Retailing Food & Staples Retailing 6,000 200 Pharma, Biotech & Life Science 150 5,500 100 Banks Diversified Financials Insurance 50 5,000 Nov-17 Oct-17 Sep-17 Aug-17 Jul-17 Jun-17 May-17 Apr-17 Mar-17 Feb-17 Jan-17 Dec-16 Nov-16 0 40,908 2.2% (4.5%) (3.6%) Telecommunication Services 149,365 3.3% (7.0%) (11.6%) Utilities 102,618 2.0% 0.6% 6.3% 3,177 (0.0%) 15.5% 472.4% 106,354 (0.4%) (7.2%) (16.4%) YTD-17 REITs Real Estate Mgmt & Dev't Sectors' MTD % Chg is based on the Change in market cap. and it might not conform with the benchmark % Chg for each sector Top Movers and Most Active Stocks Best Return Performers Price (SAR) Daily Trading Indicators Value Market Return Nama Chemicals Co. 20.26 9.9% 18,667 Tadawul All Share Index Arabian Shield Cooperative Insurance Co. 40.90 9.9% 20,354 Market Cap (SAR Mn) Mediterranean & Gulf Insurance & Reins. Co 34.55 9.9% 26,177 Al Sagr Co. for Cooperative Insurance 26.35 9.8% 26,491 SALAMA Cooperative Insurance Company 24.60 5.4% 27,179 Worst Return Performers Fawaz Abdulaziz Al-Hokair Co. Al Jouf Cement co. Hail Cement Co. Price Daily Value Value Traded (SAR Mn) 35.70 (4.2%) 18,685 No. of Trades 7.81 (3.5%) 29,614 8,474 8.86 (3.4%) (3.3%) 2,720 Yanbu Cement Co. 27.30 (2.7%) 12,204 Alinma Bank ZAIN KSA Saudi Basic Industries Corp Saudi Kayan DTD DTD MTD Value Chg % Chg % Chg % Chg Price Daily Volume (SAR) % Chg ('000 Shrs) 6,956.47 45.82 0.7% (4.5%) (3.5%) 1,637,552 14,621.9 0.9% (5.0%) (2.7%) Average Daily Today's DTD DTD Value Chg % Chg YTD-17 (14.0) (8.7%) 168 281 325.6 12.8% 3,244 8,581 (2,155) (2.8%) 169,600 143,065 Volume (Mn Shares) % Chg (SAR 000's) 22.64 Dar Al Arkan Real Estate Development Co. Trading Indicators (SAR) Eastern Province Cement Co. Most Active Stocks By Volume Closing % Chg (SAR 000's) 146 2,865 74,439 YTD-16 Market Breadth 123 Most Active Stocks By Value 51 4 Price Daily Value (SAR) % Chg (SAR Mn) 17.67 0.9% 29,742 Saudi Basic Industries Corp 99.33 0.8% 545.8 7.79 3.0% 28,170 Alinma Bank 17.67 0.9% 524.0 6.47 1.9% 6,047 Dar Al Arkan Real Estate Development Co. 7.79 3.0% 218.0 99.33 0.8% 5,487 Al-Rajhi Bank 64.87 0.5% 156.7 9.04 0.6% 5,199 Saudi Electricity Co. 24.06 2.0% 86.0 Source: KAMCO Research 3
  4. KAMCO Research Dubai Financial Market Daily Report October 30 , 2017 Sector Returns Index Performance relative to Volume 3,800 2,000 Market Cap. DTD MTD YTD (AED Mn) % Chg % Chg % Chg 3,750 3,650 1,500 Banking 3,600 Consumer Staples 3,550 3,500 1,000 3,450 3,400 3,350 3,300 Vol. Traded (Mln. Shares) DFM General Index Value 3,700 500 367,916 0.1% (0.4%) 10.8% 147,991 0.8% (4.0%) 23.1% 8,403 (0.0%) (1.3%) (39.6%) 23,502 (0.8%) 7.4% 0.8% Insurance 5,660 (0.2%) 2.1% 7.1% Industrial 3,712 0.0% 0.3% 1.3% Investment & Financial Real Estate & Construction 125,021 (0.3%) 1.8% 10.2% Telecommunication 25,018 (0.0%) 0.8% (12.9%) Transportation 24,262 (0.2%) 2.5% 9.9% 4,347 (0.6%) 3.3% 15.1% 3,250 Services 3,200 Sectors' MTD % Chg is based on the Change in market cap. and it might not conform with the benchmark % Chg for each sector 3,150 Oct-17 Sep-17 Aug-17 Jul-17 Jun-17 May-17 Apr-17 Mar-17 Feb-17 Jan-17 Dec-16 Nov-16 Oct-16 3,100 Top Movers and Most Active Stocks Best Return Performers Price YTD-2017 Top Movers and Most Active Stocks Daily Value Traded % Chg Int'l Financial Advisors Co. 0.450 4.7% 7,940 DFM General Index Emirates Islamic Bank 7.000 3.7% 3,500 Market Cap (AED Mn) Commercial Bank of Dubai 3.980 2.1% 374,163 Arabtec Holding P.J.S.C. 2.980 1.0% 6,304,206 Al-Madina for Finance & Investment 0.546 0.7% 1,237,056 Worst Return Performers Price (AED) Market Return (AED) Daily Value Traded (AED) % Chg SHUAA Capital 1.070 (2.7%) 2,415,795 Drake and Scull International 2.030 (2.4%) 76,817,992 Gulf General Investment Co. 0.412 (1.7%) 1,411,572 Takaful House 0.981 (1.6%) 627,231 Islamic Arab Insurance Co. 0.559 (1.6%) 4,699,347 Most Active Stocks by Volume (AED) Price Daily Volume (AED) % Chg ('000 Shrs) Trading Indicators Closing DTD DTD MTD YTD-17 Value Chg % Chg % Chg % Chg (11.43) (0.3%) 2.1% 3.1% 0.1% (0.4%) 10.8% 3,639.67 367,916 484 Today's DTD DTD Value Chg % Chg Average Daily YTD-17 YTD-16 Volume (Mn Shares) 176.5 (256.0) (59.2%) 338 Value Traded (AED Mn) 254.8 (177.6) (41.1%) 460 472 No. of Trades 2,465 (2,222) (47.4%) 4,413 4,912 Market Breadth Most Active Stocks by Value 8 20 378 32 Price Daily Value (AED) % Chg (AED Mn) Deyaar Development 0.545 (0.9%) 49,485 Drake and Scull International 2.030 (2.4%) 76.8 Drake and Scull International 2.030 (2.4%) 37,112 Deyaar Development 0.545 (0.9%) 27.3 Gulf Navigation Holding 1.490 0.0% 10,696 Emirates NBD 8.100 (0.6%) 26.3 Gulf Finance House 1.640 (1.2%) 9,677 EMAAR Properties 8.460 (0.1%) 17.7 Hits Telecom Holding Co. 0.524 (0.8%) 8,732 Gulf Navigation Holding 1.490 0.0% 16.2 Source: KAMCO Research 4
  5. KAMCO Research as as Nasdaq Dubai Daily Report October 30 , 2017 Stock Returns Index Performance relative to Volume 3,800 25 Market Cap. 20 FTSE Nasdaq DubaiI UAE 20 Index 3,600 3,500 15 3,400 3,300 10 3,200 3,100 Vol. Traded (Mln. Shares) 3,700 DTD YTD (USD Mn) % Chg Nasdaq Dubai 41,513 0.24% DP World 19,588 0.3% Nasdaq, Inc. 12,147 0.0% 8.6% 7,585 0.0% (28.8%) Orascom Construction Limited 901 4.8% 46.0% Al Baraka Banking Group 459 0.0% (15.1%) Emirates REIT (CEIC) Limited 283 0.0% (17.8%) ENBD REIT (CEIC) Limited 253 0.3% (7.3%) DEPA Limited 220 0.0% 3.4% 78 0.0% (40.3%) Hikma Pharmaceuticals GDR % Chg 7.8% 34.8% 5 3,000 Nov-17 Oct-17 Sep-17 Aug-17 Jul-17 Jun-17 May-17 Apr-17 Mar-17 Feb-17 Jan-17 Dec-16 0 Nov-16 2,900 BLME Holdings plc Top Movers and Most Active Stocks Best Return Performers Orascom Construction Limited DP World ENBD REIT (CEIC) Limited Trading Indicators Price Daily Value (USD) % Chg (USD) 7.65 4.8% 9,469 23.60 0.3% 427,656 1.03 0.3% 10,290 Market Return FTSE Nasdaq Dubai UAE 20 Market Cap (USD Mn) Trading Indicators Worst Return Performers Closing DTD DTD MTD YTD-17 Value Chg % Chg % Chg % Chg 3,492.92 0.54 0.0% 2.0% 6.0% 41,513 100.1 0.2% 0.2% 7.8% Today's DTD DTD Value Chg % Chg Average Daily YTD-17 YTD-16 Price Daily Value Volume (Mn Shares) 0.03 (0.48) (94.2%) 1.18 0.46 (USD) % Chg (USD) Value Traded (USD Mn) 0.45 (2.9) (86.7%) 5.48 4.71 39 (4) (9.3%) 117 89 No. of Trades Market Breadth 3 Most Active Stocks by Volume DP World Price Daily Volume (USD) % Chg ('000 Shrs) Most Active Stocks by Value 0 6 Price Daily Value (USD) % Chg (USD) 23.60 0.3% 18,121 DP World 23.60 0.3% 427,656 ENBD REIT (CEIC) Limited 1.03 0.3% 10,000 ENBD REIT (CEIC) Limited 1.03 0.3% 10,290 Orascom Construction Limited 7.65 4.8% 1,245 Orascom Construction Limited 7.65 4.8% 9,469 Source: KAMCO Research 5
  6. KAMCO Research Abu Dhabi Securities Exchange Daily Report October 30 , 2017 Sector Returns Index Performance relative to Volume 4,800 900 Market Cap. DTD MTD YTD 800 (AED Mn) % Chg % Chg % Chg (1.9%) 4,700 ADX General Index Value 4,650 700 4,600 600 4,550 4,500 500 4,450 400 4,400 4,350 300 Vol. Traded (Mln. Shares) 4,750 4,300 4,250 4,200 1.7% 1.0% 2.6% 3,429 (0.6%) 0.4% (12.0%) (9.4%) Inv. & Financial Services Real Estate 22,218 0.6% 2.9% Energy 9,062 (1.4%) (1.4%) 32.0% Consumer Staples 4,811 (0.7%) (6.8%) (21.2%) (1.8%) 10,637 (2.2%) (3.4%) 100 Insurance 9,662 0.0% (0.3%) 15.3% 182,887 0.2% 3.5% (6.2%) 8,355 0.0% (2.7%) (15.8%) Telecommunication Oct-17 Sep-17 Aug-17 Jul-17 Jun-17 May-17 Apr-17 Mar-17 Feb-17 Jan-17 Dec-16 Nov-16 (0.0%) (0.1%) Industrial 0 Oct-16 458,569 207,507 200 4,150 4,100 ADX Banks Services Sectors' MTD % Chg is based on the Change in market cap. and it might not conform with the benchmark % Chg for each sector Top Movers and Most Active Stocks Trading Indicators Price Daily Value (AED) % Chg (AED) 0.78 13.0% 1,592 Ras Al Khaimah Poultry & Feeding Co. 3.30 7.8% 330 Finance House 1.79 5.3% 17,900 Sudan Telecom. Co. 0.64 1.6% 72,852 Abu Dhabi Commercial Bank 7.22 1.0% 69,716 Best Return Performers AXA Green Crescent Insurance Co. Market Return ADX General Index Market Cap (AED Mn) Trading Indicators Closing DTD DTD MTD Value Chg % Chg % Chg % Chg 4,462.76 (4.96) (0.1%) 1.5% (1.8%) 458,569 (108) (0.0%) 1.7% (1.9%) Today's DTD DTD Value Chg % Chg YTD-17 Average Daily YTD-17 YTD-16 Price Daily Value Volume (Mn Shares) 42 (9.1) (17.9%) 111 95.6 (AED) % Chg (AED) Value Traded (AED Mn) 81 (60.6) (42.9%) 198 584.7 Invest Bank 1.98 (10.0%) 12,567 546 (340) (38.4%) 1,412 1,395 Ras Al Khaimah White Cement 1.00 (9.1%) 8,568 Gulf Pharmaceutical Co. 2.31 (5.7%) 19,716 Al Khazna Insurance Co. 0.29 (3.3%) 51,237 Bank Of Sharjah 1.20 (2.4%) 404,823 Worst Return Performers No. of Trades Market Breadth Price Daily Volume (AED) % Chg ('000 Shrs) Dana Gas 0.76 (1.3%) 21,722 Eshraq Properties Co. 0.78 (1.3%) 7,905 Ras Al Khaimah Properties 0.72 0.0% 2,939 Dana Gas Most Active Stocks by Volume First Abu Dhabi Bank AL DAR Properties Co. 8 14 44 Price Daily Value (AED) % Chg (AED) First Abu Dhabi Bank 10.30 0.0% 23,375,048 Emirates Telecom. Co. 18.00 0.3% 20,293,357 0.76 (1.3%) 16,651,473 Most Active Stocks by Value 10.30 0.0% 2,269 Eshraq Properties Co. 0.78 (1.3%) 6,229,871 2.40 0.8% 1,488 AL DAR Properties Co. 2.40 0.8% 3,563,895 Source: KAMCO Research 6
  7. KAMCO Research Qatar Exchange Daily Report October 30 , 2017 Index Performance relative to Volume Sector Returns 11,500 50 45 QE 20 Index Value 40 10,500 35 30 10,000 25 Vol. Traded (Mln Shares) 11,000 9,500 20 Market Cap. DTD MTD YTD (QAR Mn) % Chg % Chg % Chg Qatar Exchange 443,850 0.4% (2.4%) (21.2%) Banking & Finance 201,875 0.1% (0.9%) (14.6%) 17,514 0.4% (3.4%) (22.1%) Industrial 113,742 (0.1%) (0.9%) (23.4%) Insurance 17,836 1.8% (10.0%) (33.4%) Real Estate 42,553 2.4% (9.0%) (31.3%) Telecom 33,330 (0.0%) (1.1%) (17.8%) Transport 17,000 1.0% (3.4%) (36.0%) Goods & Consumer Services 15 9,000 10 Sectors' MTD % Chg is based on the Change in market cap. and it might not conform with the benchmark % Chg for each sector 8,500 5 Oct-17 Sep-17 Aug-17 Jul-17 Jun-17 May-17 Apr-17 Mar-17 Feb-17 Jan-17 Dec-16 Nov-16 0 Oct-16 8,000 Top Movers and Most Active Stocks Trading Indicators Price Daily Value (QAR) % Chg (QAR) 9.59 4.2% 504,702 Qatar Gas Transport Co. 15.25 3.2% 3,145,318 Qatar Insurance Co. 45.00 2.2% 425,405 Doha Insurance Co. 14.50 2.0% 7,250 Doha Bank 29.50 1.7% 1,642,724 Best Return Performers Ezdan Holding Group Co. Market Return QE 20 Index Market Cap (QAR Mn) Trading Indicators Price Daily Value Volume ('000 Shares) (QAR) % Chg (QAR) Value Traded (QAR Mn) Gulf International Services 17.47 (4.0%) Gulf Warehousing Co. 40.51 (3.5%) 1,572,175 6.16 (3.3%) 20,392,151 7.51 (2.5%) 233,010 28.02 (2.2%) 358,476 Worst Return Performers Qatar First Bank Salam International Investment Qatari Investors Group 6,591,797 DTD DTD MTD YTD-17 Value Chg % Chg % Chg % Chg 8,134.46 6.21 0.1% (2.1%) (22.1%) 443,850 1,651 0.4% (2.4%) (21.2%) Today's DTD DTD Value Chg % Chg No. of Trades Market Breadth Price Daily Volume (QAR) % Chg (Shares) Qatar First Bank 6.16 (3.3%) 3,284,952 Qatar National Bank Investment Holding Group 6.86 (0.7%) 1,917,230 Qatar Navigation Vodafone Qatar 7.06 0.9% 1,013,137 Qatar First Bank Qatar Navigation 53.94 (0.1%) 597,900 Investment Holding Group Gulf International Services 17.47 (4.0%) 376,071 Qatar International Islamic Bank Most Active Stocks by Volume Closing Most Active Stocks by Value Average Daily YTD-17 YTD-16 9,308 5,557 148.2% 10,027 170 19 12.6% 278 278 (13.5%) 3,379 4,123 1,782 (277) 21 19 Price (QAR) 7,739 5 Daily Value % Chg (QAR Mn) 121.98 0.1% 39.3 53.94 (0.1%) 32.3 6.16 (3.3%) 20.4 6.86 (0.7%) 13.2 47.49 (1.9%) 10.0 Source: KAMCO Research 7
  8. KAMCO Research Bahrain Bourse Daily Report October 30 , 2017 Sector Returns Index Performance relative to Volume 1,500 200 Market Cap. DTD MTD YTD (BHD Mn) % Chg % Chg % Chg 7,255 (0.1%) (0.4%) 0.5% Commercial Banks 3,389 (0.1%) (2.3%) 0.5% Investment 1,916 (0.3%) (0.4%) (6.9%) Insurance 148 0.0% 0.0% 4.9% Service 847 0.5% (1.9%) (15.8%) Hotel & Tourism 148 0.0% 0.0% (14.0%) Industrial 807 0.0% 10.1% 70.2% Bahrain All Share Index 1,400 160 140 1,300 120 100 1,200 80 Vol. Traded (Mln. Shares) 180 60 1,100 40 20 Sectors' MTD % Chg is based on the Change in market cap. and it might not conform with the benchmark % Chg for each sector Oct-17 Sep-17 Aug-17 Jul-17 Jun-17 May-17 Apr-17 Mar-17 Feb-17 Jan-17 Dec-16 Nov-16 0 Oct-16 1,000 Bahrain Bourse Top Movers and Most Active Stocks Trading Indicators Price Daily Value (BHD) % Chg (BHD) Seef Properties 0.202 1.0% 90,092 Bahrain Telecommunications Co. 0.204 1.0% 4,080.0 Best Return Performers Market Return Closing DTD DTD MTD YTD-17 Value Chg % Chg % Chg % Chg Bahrain All Share Index 1,276.77 (0.61) (0.0%) (0.5%) 4.6% Market Cap (BHD Mln) 7,254.76 (3.72) (0.1%) (0.4%) 0.5% DTD DTD Trading Indicators Today's Value Volume ('000 Shares) Price Daily Value (BHD) % Chg (BHD) Value Traded (BHD '000) AlKhaleeji Commercial Bank 0.105 (1.9%) 3,885 No. of Trades Arab Banking Corporation. (USD) 0.290 (1.7%) 27,314 Worst Return Performers 1,335 Average Daily Chg % Chg YTD-17 YTD-16 (304) (18.6%) 4,597 1,969 354 118 50.1% 823 428 79 21 36.2% 78 41 Market Breadth 2 Most Active Stocks by Volume Price Daily Volume (BHD) % Chg (Shares) Most Active Stocks by Value 2 37 Price Daily Value (BHD) % Chg (BHD) Seef Properties 0.202 1.0% 443,300 Aluminum Bahrain 0.550 0.0% 181,500 Aluminum Bahrain 0.550 0.0% 330,000 Seef Properties 0.202 1.0% 90,092 Arab Banking Corporation. (USD) 0.290 (1.7%) 250,000 Arab Banking Corporation. (USD) 0.290 (1.7%) 27,314 Gulf Finance House (USD) 0.445 0.0% 150,000 Gulf Finance House (USD) 0.445 0.0% 25,165 Ahli United Bank (USD) 0.680 0.0% 80,000 Ahli United Bank (USD) 0.680 0.0% 20,509 Source: KAMCO Research 8
  9. KAMCO Research Muscat Securities Market Daily Report October 30 , 2017 Sector Returns 6,600 200 6,400 180 160 6,200 140 6,000 120 5,800 100 5,600 Vol. Traded (Mln. Shares) MSM 30 Index Value Index Performance relative to Volume 80 Market Cap. DTD MTD YTD (OMR Mn) % Chg % Chg % Chg Muscat Securities Mkt 4,386 (0.0%) (3.7%) (31.8%) Financial 2,167 0.1% (3.0%) (23.4%) 386 0.0% (6.5%) (59.1%) 1,833 (0.1%) (4.0%) (31.1%) Industrial Services Sectors' MTD % Chg is based on the Change in market cap. and it might not conform with the benchmark % Chg for each sector 5,400 60 5,200 40 Oct-17 Sep-17 Aug-17 Jul-17 Jun-17 May-17 Apr-17 Mar-17 Feb-17 Jan-17 0 Dec-16 4,800 Nov-16 20 Oct-16 5,000 Top Movers and Most Active Stocks Best Return Performers Trading Indicators Price Daily Value (OMR) % Chg (OMR) Market Return Closing DTD DTD MTD YTD-17 Value Chg % Chg % Chg % Chg 0.2% (3.3%) (14.1%) (0.0%) (3.7%) (31.8%) Al Sharqia Inv. Holding 0.104 5.1% 3,945,343 MSM 30 Index 4,966.65 8.08 National Gas Co. 0.252 3.7% 1,717,342 Market Cap (OMR Mn) 4,386.19 (0.07) Al Anwar Holding 0.127 2.4% 26,844,233 Al Madina Takaful 0.100 2.0% 39,105,029 Oman Investment & Finance Co. 0.131 1.6% 11,655,211 Price Daily Value (OMR) % Chg (OMR) National Bank of Oman 0.181 (2.7%) 17,551,117 Al Jazeera Steel Products Co. 0.259 (1.1%) 6,168,645 Oman Telecom Co. 1.150 (0.9%) 74,761,697 Voltamp Energy 0.552 (0.4%) 2,886,862 Worst Return Performers Trading Indicators DTD DTD Value Chg % Chg YTD-17 YTD-16 Volume ('000 Shares) 5,689 1,468 34.8% 10,448 14,098 Value Traded (OMR '000) 1,090 103 10.5% 2,701 3,389 371 152 69.4% 423 709 No. of Trades Market Breadth 9 Most Active Stocks by Volume Price Daily Volume (OMR) % Chg (Shares) Average Daily Today's Most Active Stocks by Value 4 Price (OMR) 32 Daily Volume % Chg (OMR'000) Bank Sohar 0.156 0.6% 591,589,252 Bank Sohar 0.156 0.6% 97,560.4 Al Madina Takaful 0.100 2.0% 368,096,106 Bank Muscat 0.392 0.5% 89,482.4 Al Madina Investment company 0.057 0.0% 250,652,507 Oman Telecom Co. 1.150 (0.9%) 74,761.7 Bank Muscat 0.392 0.5% 218,075,114 Ooredoo 0.530 1.5% 63,906.0 Al Anwar Holding 0.127 2.4% 136,072,339 Al Madina Takaful 0.100 2.0% 39,105.0 Source: KAMCO Research 9
  10. KAMCO Research The Egyptian Exchange Daily Report October 30 , 2017 (The bulletin covers the top 60 companies by Mkt. Cap out of 336 listed companies) Index Performance relative to Volume Sector Returns 16,000 500 15,000 450 Market Cap. (EGP Mn) 14,000 400 DTD % Chg MTD % Chg YTD % Chg 29.7% The Egyptian Exchange 497,949 0.8% 5.5% Banking & Finance 134,695 (0.0%) (4.8%) 8.0% Basic Resources 37,787 1.9% 3.8% 79.1% Chemical EGX 30 Index 350 12,000 300 11,000 250 10,000 200 Volume Traded (Mn Shrs) 13,000 9,000 150 8,000 27,455 1.4% 0.4% 49.2% Construction & Material 46,810 3.0% 10.0% 252.5% Financial Services 31,171 1.1% 2.3% 7.3% Food & Beverage 12,808 (0.4%) 7.6% 64.3% Healthcare & Pharma. 9,917 0.8% 0.5% 42.9% 29,954 (0.5%) 4.0% 38.7% Media 1,265 (0.4%) 28.5% 99.7% Oil & Gas 1,132 0.9% 10.6% (82.2%) Personal & Household 42,323 (0.2%) 63.3% 83.3% Real Estate 46,691 0.9% 9.7% 17.4% Telecommunication 69,289 0.8% 3.7% 2.0% 6,652 3.9% 12.0% 105.6% Ind. Goods,Services, Auto. 100 7,000 50 6,000 Travel & Leisure 0 Oct-17 Sep-17 Aug-17 Jul-17 Jun-17 May-17 Apr-17 Mar-17 Feb-17 Jan-17 Dec-16 Nov-16 Oct-16 5,000 Sectors' MTD % Chg is based on the Change in market cap. and it might not conform with the benchmark % Chg for each sector Top Movers and Most Active Stocks Best Return Performers South Valley Cement Orascom Hotels & Development Trading Indicators Price Daily (EGP) % Chg 6.00 6.8% EGX 30 Index 20.01 5.5% Market Cap (EGP Mn) Alexandria Cement 9.49 5.0% El Ezz Steel Rebars 17.47 4.3% National Bank of Kuwait - Egypt - NBK 37.56 3.9% Volume 5.5% 29.7% Today's DTD DTD Value Chg % Chg Average Daily YTD-17 YTD-16 407 (2,475) (11.9%) 17,387 12,289 (2.3%) Price 0.8% 18,260 3.03 Most Active Stocks By Volume 3,708 812 Arab Polvara Spinning & Weaving Co. (2.0%) 13.6% 497,949 (10.3%) No. of Trades (2.0%) 1.0% (92.0) (2.7%) 8.51 0.5% 800 0.36 Egyptian Iron & Steel Co. 68.94 169 Amer Group Holding (2.2%) % Chg 14,024.41 (24.5%) Value Traded (EGP Mn) 1.36 YTD-17 % Chg (50.25) Daily 14.01 MTD % Chg 155 % Chg Canal Shipping Agencies Co. DTD Chg Volume (Mn Shares) Price Citadel Capital DTD Value Trading Indicators (EGP) Worst Return Performers Closing Market Return 103 Market Breadth 35 Most Active Stocks By Value (EGP) ('000 Shrs) 19 Price (EGP) 6 Daily Value % Chg (EGP Mn) Citadel Capital 1.36 32,608 Global Telecom Hldg. (Orascom Telecom) 6.74 1.97% 127.58 Egyptian Resorts Co. 1.50 26,009 Palm Hills Developments 4.08 3.03% 78.00 Palm Hills Developments 4.08 19,118 South Valley Cement 6.00 6.76% 60.84 Global Telecom Hldg. (Orascom Telecom) 6.74 18,938 El Ezz Steel Rebars 17.47 4.30% 53.81 South Valley Cement 6.00 10,139 Heliopolis Housing 29.73 2.45% 52.65 Source: KAMCO Research 10
  11. KAMCO Research Amman Stock Exchange Daily Report (1st Market) October 30, 2017 Sector Returns 1,925 0 Vol. Traded (Mln. Shares) 3 Market Cap. (JD Mn) Oct-17 1,975 Sep-17 6 Aug-17 2,025 Jul-17 9 Jun-17 2,075 May-17 12 Apr-17 2,125 Mar-17 15 Feb-17 2,175 Jan-17 18 Dec-16 2,225 Nov-16 21 Oct-16 ASE Index Value Index Performance relative to Volume 2,275 DTD % Chg MTD % Chg YTD % Chg 12,326 8,759 108 170 251 23 255 115 101 432 6 514 66 69 16 8 17 57 866 351 (0.6%) (0.9%) 0.1% 0.1% 0.0% 0.0% 0.2% (0.9%) 1.1% 0.3% (1.5%) 0.0% (0.2%) (2.1%) (0.9%) 0.0% 0.0% (0.3%) 0.4% 1.2% (1.6%) (1.5%) (0.6%) 0.5% (3.5%) (3.8%) (2.4%) (1.7%) 1.9% (3.3%) (5.9%) (4.9%) (0.7%) 2.1% (4.8%) 0.0% 0.0% 0.7% 4.0% (9.1%) (7.5%) (9.5%) (4.4%) 2.0% 4.1% (10.7%) (8.5%) (11.9%) 10.9% (8.0%) (30.5%) (16.1%) (1.1%) (12.8%) (16.3%) 0.0% 27.8% (13.1%) 11.3% 13.5% Engineering & Construction 47 (0.5%) (1.9%) 1.7% Electrical Industries 12 0.0% 1.1% (19.7%) Textiles , Leathers & Clothings 78 (0.3%) (1.6%) (22.7%) 6 0.0% 0.0% 0.0% YTD-17 Amman Stock Exchange Banks Insurance Diversified Financial Services Real Estate Health Care Services Educational Services Hotels and Tourism Transportation Technology & Communications Media Utilities & Energy Commercial Services Pharmaceutical & Medical Ind. Chemical Industries Paper & Cardboard Industries Printing & Packaging Food & Beverages Tobacco & Cigarettes Mining & Extraction Industries Glass & Ceramic Industries Sectors' MTD % Chg is based on the Change in market cap. and it might not conform with the benchmark % Chg for each sector Top Movers and Most Active Stocks Trading Indicators Price Daily (JD) % Chg 0.15 7.1% ASE Index NATIONAL STEEL INDUSTRY 1.38 4.5% Market Cap (JD Mn) ALSHAMEKHA FOR REAL ESTATE & FINANCIAL INV. 0.98 4.3% 11.36 3.0% 0.43 2.4% Best Return Performers JORDAN INDUSTRIAL RESOURCES IRBID DISTRICT ELECTRICITY ALIA- THE ROYAL JORDANIAN AIRLINES Closing DTD DTD MTD Value Chg % Chg % Chg % Chg 2,094.00 (8.25) (0.4%) (1.3%) (3.5%) 12,326.47 (68.89) (0.6%) (1.6%) (7.5%) Market Return Today's DTD DTD Value Chg % Chg Average Daily Trading Indicators Price Daily (JD) % Chg SPECIALIZED TRADING & INVESTMENT 1.59 (4.8%) AKARY FOR INDUSTRIES & REAL ESTATE INV. 1.42 (4.7%) COMPREHENSIVE MULTIPLE PROJECT CO. 0.84 (4.5%) JORDAN DUBAI PROPERTIES 0.45 (4.3%) EL-ZAY READY WEAR MANUFACTURING 0.28 (3.4%) Worst Return Performers Most Active Stocks By Volume SPECIALIZED INVESTMENT COMPOUNDS Price Volume (JD) ('000 Shrs) 0.94 211 YTD-17 YTD-16 Volume ('000 Shares) 1,678 (1,444) (46.2%) 3,486 4,288 Value Traded (JD '000) 2,279 (704) (23.6%) 4,774 13,928 No. of Trades 1,043 (1,270) (54.9%) 5 2,057 32 66 Price Daily Value (JD) % Chg (JD) 5.38 (1.6%) 408,227 335,778 Market Breadth Most Active Stocks By Value ARAB BANK $USD 21 REAL ESTATE DEVELOPMENT 0.51 199 UNION LAND DEVELOPMENT CORP. 2.36 2.2% ARAB EAST INVESTMENT 0.63 183 SPECIALIZED INVESTMENT COMPOUNDS 0.94 (1.1%) 197,452 UNION LAND DEVELOPMENT CORP. 2.36 144 JORDAN PHOSPHATE MINES 2.64 1.1% 137,510 SALAM INTERNATIONL TRANSPORT & TRADING 0.64 107 JORDAN ISLAMIC BANK 3.73 (0.5%) 120,764 Source: KAMCO Research 11
  12. KAMCO Research Tunisia Stock Exchange Daily Report October 30 , 2017 Index Performance relative to Volume Sector Returns 2,000 6,500 Market Cap. DTD MTD YTD (DT Mn) % Chg % Chg % Chg 18,780 (0.3%) (2.0%) 8.5% 8,656 0.1% (2.4%) 14.6% Insurance 605 (1.0%) (4.5%) (7.5%) Leasing 609 (8.2%) (9.2%) (10.4%) 18.4% 6,400 1,800 1,600 6,200 Tunisia Index 6,100 1,400 6,000 1,200 5,900 5,800 1,000 5,700 Vol. Traded ('000. Shares) 6,300 800 5,600 Tunis Stock Exchange Banking Financial Services 1,819 0.2% 4.3% Industrial 1,288 (0.4%) 0.2% 3.6% 324 0.1% (6.1%) (29.7%) Food & Beverage 2,746 (0.4%) (1.9%) 5.0% Retailing 1,379 0.4% (1.6%) (3.9%) Others 1,353 0.2% (3.5%) 20.6% Chemical Industry 5,500 600 5,400 400 5,300 Oct/17 Sep/17 Aug/17 Jul/17 Jun/17 May/17 Apr/17 Mar/17 Feb/17 Jan/17 Dec/16 Nov/16 200 Oct/16 5,200 Sectors' MTD % Chg is based on the Change in market cap. and it might not conform with the benchmark % Chg for each sector Top Movers and Most Active Stocks Best Return Performers Manufacture de Panneaux Bois du Sud Trading Indicators Price Daily (DT) % Chg Market Return 2.75 3.0% Tunisia Index Tunisie Leasing 14.73 2.9% Market Cap (DT Mln) Modern Leasing 3.87 2.9% Electrostar 2.97 2.8% Hannibal Lease 8.35 2.5% Worst Return Performers Tuninvest – Sicar Daily % Chg Value Traded ('000 DT) 7.38 (2.9%) No. of Trades Société Tunis. d'Entreprises de Télécom. 2.77 (2.8%) SOTIPAPIER 3.60 (2.7%) TUNISAIR 0.51 (1.9%) 117.00 (1.7%) Société Tunisienne d'Assurances et de Réassurances Volume ('000 Shares) (DT) DTD DTD MTD YTD-17 Value Chg % Chg % Chg % Chg 0.1% (1.6%) 10.8% (0.3%) (2.0%) 8.5% 6,083.65 Trading Indicators Price Closing Market Breadth 18,780 5.36 (52.07) DTD DTD Value Chg % Chg 373 (126.4) (25.3%) 389 562 2,005 (802) (28.6%) 2,939 3,946 826 (328.0) (28.4%) 963 1,191 18 Price Volume (DT) (Shares) Société Tunisienne de Banque 3.98 123,702 Laboratoires Adwya 5.00 26,583 Banque Nationale Agricole Société Générale Industrielle de Filtration 1.54 19,987 Laboratoires Adwya Société Moderne de Céramique 1.08 18,935 Euro-Cycles TelNet Holding 5.95 17,790 Société Tunisienne d'Assurances et de Réassurances Most Active Stocks By Volume Average Daily Today's Most Active Stocks By Value Société Tunisienne de Banque YTD-17 17 YTD-16 31 Price Daily Value (DT) % Chg (DT '000) 3.98 2.1% 468 11.37 (0.3%) 178 5.00 0.0% 130 26.90 2.2% 121 117.00 (1.7%) 108 Source: KAMCO Research 12
  13. KAMCO Research Beirut Stock Exchange Daily Report October 30 , 2017 Sector Returns Index Performance relative to Volume 1,250 7,500 1,240 Market Cap. DTD MTD YTD (USD Mn) % Chg % Chg % Chg 11,467 0.4% 0.9% (3.4%) 9,780 0.5% 0.6% (0.8%) 285 0.2% 0.8% 12.3% 35 0.0% 0.0% 0.0% 1,366 0.4% 3.4% (20.6%) 1,230 6,000 Beirut Stock Exchange 1,210 4,500 1,200 1,190 1,180 3,000 1,170 Vol. Traded ('000. Shares) Blom Stock Index 1,220 Banking Industrial Trading Real Estate & Construction Sectors' MTD % Chg is based on the Change in market cap. and it might not conform with the benchmark % Chg for each sector 1,160 1,500 1,150 Oct-17 Sep-17 Aug-17 Jul-17 Jun-17 May-17 Apr-17 Mar-17 Feb-17 Jan-17 Dec-16 Nov-16 1,130 Oct-16 1,140 0 Trading Indicators Top Movers and Most Active Stocks Best Return Performers Bank Audi Price Daily (USD) % Chg Market Return 5.90 1.4% Blom Stock Index 12.62 1.0% Market Cap (USD Mn) 1.63 0.6% Solidere A 8.30 0.6% Bank of Beirut Preferred Class H 25.50 0.6% BLOM Bank GDR Byblos Bank Worst Return Performers BLOM Bank Price Daily (USD) % Chg 11.59 (0.2%) Trading Indicators Volume ('000s shares) Value Traded ('000s USD) Closing DTD DTD MTD YTD-17 Value Chg % Chg % Chg % Chg 1,160.50 5.92 0.5% 0.9% (4.3%) 11,466.67 51.00 0.4% 0.9% (3.4%) Average Daily Today's DTD DTD Value Chg % Chg 582.43 512 722.5% 345 662 10,385.75 9,561 1,159.1% 2,998 2,878 YTD-17 YTD-16 Market Breadth 7 Most Active Stocks by Volume Price Volume (USD) (Shares) Most Active Stocks by Value Daily Value % Chg (USD) 0.6% 9,475,383 (0.2%) 492,415 8.25 0.0% 152,773 Bank of Beirut Preferred Class H 25.50 0.6% 101,363 BLOM Bank GDR 12.62 1.0% 70,660 445,309 8.25 68,589 BLOM Bank 11.59 42,500 Solidere B 5.90 8,136 12.62 5,600 BLOM Bank GDR Price (USD) 8.30 8.30 Solidere B Bank Audi GDR 27 11.59 Solidere A BLOM Bank 1 Solidere A Source: KAMCO Research 13
  14. KAMCO Research Casablanca Stock Exchange Daily Report October 30 , 2017 (The Bulletin covers the 41 Stocks listed on the Main Market) Index Performance relative to Volume Sector Returns 22000 13,250 13,000 20000 Market Cap. DTD MTD YTD (MAD Mn) % Chg % Chg % Chg 4.7% 12,500 18000 12,250 16000 MASI Index 12,000 11,750 14000 11,500 11,250 12000 Volume Traded ('ooo shares) 12,750 11,000 10000 10,750 Casablanca Stock Exchange 563,590 0.3% 1.9% Banking 215,426 0.2% 2.7% 9.1% 3,782 4.9% 5.6% 31.7% Beverages Chemicals 1,560 0.0% 7.4% 297.6% Construction & Bldg. Material 70,495 (1.1%) 4.1% (9.1%) Distributors 10,868 (0.0%) (0.4%) 1.9% 337 0.0% (21.2%) 1.4% Electricity 20,522 1.2% 4.8% 12% Food Producers & Processors 17,034 1.8% 1.9% (5.9%) 2,785 1.6% 2.5% 9.6% 27,229 0.7% 3.7% 13.6% Electrical & Electronic Equip. Holding Companies Insurance 10,500 8000 10,250 10,000 6000 9,750 4000 9,500 9,250 Investment & other Finance 3,962 0.5% (2.5%) 8.3% Leisures & Hotel 1,984 (0.0%) 6.5% 17.5% Materials, Software & Computer 1,919 (0.4%) 13.4% 58.2% Mining 23,668 2.4% (1.9%) 49.4% Oil & Gas 11,555 5.1% 3.6% 8.9% Real Estate 24,996 0.3% 2.9% 9.5% 119,293 (0.1%) (1.0%) (4.4%) 2000 Telecommunications Transport 1,079 0.0% (0.3%) 44.5% 0 Utilities 5,005 6.0% (5.2%) 15.9% 91 0.0% 0.0% 39.4% 9,000 Oct/17 Sep/17 Aug/17 Jul/17 Jun/17 May/17 Apr/17 Mar/17 Feb/17 Jan/17 Dec/16 Nov/16 Oct/16 8,750 Forestry & Paper Sectors' MTD % Chg is based on the Change in market cap. and it might not conform with the benchmark % Chg for each sector Top Movers and Most Active Stocks Best Return Performers Lyonnaise des Eaux de Casablanca Trading Indicators Price Daily (MAD) % Chg Market Return Closing DTD DTD MTD YTD-17 Value Chg % Chg % Chg % Chg 625.60 6.0% MASI Index 12,402.61 39.65 0.3% 2.2% 6.5% 2,919.00 6.0% MADEX Index 10,107.83 9.38 0.1% 2.3% 5.9% 560.00 5.7% Market Cap (MAD Mn) 563,590 1.87 0.3% 1.9% 4.7% Les Eaux Minerales d Oulmes 1,910.00 4.9% Managem 1,690.00 3.9% Afriquia Gaz Credit Du Maroc Trading Indicators Price Daily (MAD) % Chg Volume ('000 Shares) 917.00 (2.4%) Value Traded (MAD Mn) Lafarge Ciments 1,900.00 (2.1%) Credit EQDOM (SOC D'EQUIP DOM ET MN) 1,082.00 (1.5%) Societe Metallurgique D'Imiter 3,420.00 (0.9%) Hightech Payment Systems SA 1,650.00 (0.6%) Worst Return Performers Banque Morocaine Due Commerce Et De L'Industries Most Active Stocks By Volume Price Volume (MAD) (Shrs) Market Breadth Most Active Stocks By Value Today's DTD DTD Value Chg % Chg Average Daily YTD-17 YTD-16 739.00 602.1 439.9% 939 516 88.70 76.08 602.9% 66 70 21 10 Price (MAD) 10 Daily Value % Chg (MAD Mn) Douja Prom Addoha 43.00 277,559 Ciments Du Maroc 1,600.00 0.6% 10.39 Compagnie d'Assurances et de Reassurances ATLANTA 65.50 153,970 Credit Du Maroc 560.00 5.7% 10.08 Alliances Developpement Immobilier 264.00 70,656 Alliances Developpement Immobilier 264.00 2.3% 9.44 Banque Centrale Populaire 305.00 44,197 Label Vie 1,698.00 0.2% 8.71 Itissalat Al-Maghrib 135.70 38,813 Banque Centrale Populaire 305.00 0.7% 6.68 Source: KAMCO Research 14
  15. KAMCO Research Damascus Securities Exchange Daily Report October 30 , 2017 Index Performance relative to Volume Sector Returns 4,400 700 Market Cap. DTD MTD MTD (SRY Mn) % Chg % Chg % Chg 427,866 (0.1%) 23.3% 143.6% 400,758 (0.1%) 24.1% 153.7% 28.2% 4,200 4,000 600 Damascus SE 3,800 DSE TRW Index 500 3,400 3,200 400 3,000 2,800 2,600 300 2,400 Vol. Traded ('000. Shares) 3,600 2,200 200 Banking Services 1,893 0.0% 11.1% Industrial 7,374 0.0% 4.7% 1.0% Insurance 17,314 0.5% 17.6% 107.0% 528 0.0% 0.0% 0.0% Agricultural Sectors' MTD % Chg is based on the Change in market cap. and it might not conform with the benchmark % Chg for each sector 2,000 1,800 100 1,600 1,400 Oct-17 Sep-17 Aug-17 Jul-17 Jun-17 May-17 Apr-17 Mar-17 Feb-17 Jan-17 Dec-16 Nov-16 0 Oct-16 1,200 Trading Indicators Top Movers and Most Active Stocks Closing DTD DTD MTD Value Chg. % Chg. % Chg. % Chg. 0.6% 23.6% 148.6% (0.1%) 23.3% 143.6% Best Return Performers Price (SRY) Daily % Chg Qatar National Bank Syria 513.84 1.3% DSE Weighted Index 4,020.83 23.27 Al-Aqeelah Takaful Insurance 364.60 1.1% Market Cap (SRY Mn) 427,866 (423.1) Cham Bank 574.12 0.3% Market Return Trading Indicators Worst Return Performers Price (SRY) Daily % Chg Syria Gulf Bank 324.50 (2.0%) Al Baraka Bank - Syria 805.81 (1.6%) Syria International Islamic Bank 600.46 (0.5%) Volume (Shrs) Value Traded ('000 SRY) No. of Trades Market Breadth Most Active Stocks by Volume Price (SRY) Volume (Shrs) Most Active Stocks by Value YTD-17 Average Daily Today's DTD DTD Value Chg. % Chg. 166,598 (69,750) (29.5%) 106,982 63 86,288 (42,994) (33.3%) 36,166 13,495 170 (45.0) (20.9%) 87 44.2 3 YTD-17 3 Price (SRY) YTD-16 18 Daily % Chg Value (SRY) Syria International Islamic Bank 600.46 77,618 Syria International Islamic Bank 600.46 (0.5%) 46,606,814 Qatar National Bank Syria 513.84 36,074 Qatar National Bank Syria 513.84 1.3% 18,536,390 Syria Gulf Bank 324.50 26,573 Syria Gulf Bank 324.50 (2.0%) 8,622,939 Al-Aqeelah Takaful Insurance 364.60 15,727 Al-Aqeelah Takaful Insurance 364.60 1.1% 5,734,099 Cham Bank 574.12 7,326 Cham Bank 574.12 0.3% 4,206,025 Source: KAMCO Research 15
  16. Disclaimer & Important Disclosures KAMCO is authorized and fully regulated by the Capital Markets Authority ("CMA, Kuwait") and partially regulated by the Central Bank of Kuwait (“CBK”). This document is provided for informational purposes only. Nothing contained in this document constitutes investment, an offer to invest , legal, tax or other advice or guidance and should be disregarded when considering or making investment decisions. In preparing this document, KAMCO did not take into account the investment objectives, financial situation and particular needs of any particular person. Accordingly, before acting on this document, investors should independently evaluate the investments and strategies referred to herein and make their own determination of whether it is appropriate in light of their own financial circumstances and objectives. The entire content of this document is subject to copyright with all rights reserved. This research and the information contained herein may not be reproduced, distributed or transmitted in Kuwait or in any other jurisdiction to any other person or incorporated in any way into another document or other material without our prior written consent. Analyst Certification Each of the analysts identified in this report certifies, with respect to the sector, companies or securities that the individual analyses, that (1) the views expressed in this report reflect his or her personal views about all of the subject companies and securities and (2) no part of his or her compensation was, is or will be directly or indirectly dependent on the specific recommendations or views expressed in this report. KAMCO Ratings KAMCO investment research is based on the analysis of regional and country economics, industries and company fundamentals. KAMCO company research reflects a long-term (12-month) target price for a company or stock. The ratings bands are:    Outperform: Target Price represents expected returns >= 10% in the next 12 months Neutral: Target Price represents expected returns between -10% and +10% in the next 12 months Underperform: Target Price represents an expected return of <-10% in the next 12 months In certain circumstances, ratings may differ from those implied by a fair value target using the criteria above. KAMCO policy is to maintain up-to-date fair value targets on the companies under its coverage, reflecting any material changes to the analyst’s outlook on a company. Share price volatility may cause a stock to move outside the rating range implied by KAMCO’s fair value target. Analysts may not necessarily change their ratings if this happens, but are expected to disclose the rationale behind their view to KAMCO clients. Any terms and conditions proposed by you which are in addition to or which conflict with this Disclaimer are expressly rejected by KAMCO and shall be of no force or effect. The information contained in this document is based on current trade, statistical and other public information we consider reliable. We do not represent or warrant that such information is fair, accurate or complete and it should not be relied upon as such. KAMCO has no obligation to update, modify or amend this document or to otherwise notify a recipient thereof in the event that any opinion, forecast or estimate set forth herein, changes or subsequently becomes inaccurate. The publication is provided for informational uses only and is not intended for trading purposes. The information on publications does not give rise to any legally binding obligation and/or agreement, including without limitation any obligation to update such information. You shall be responsible for conducting your own investigation and analysis of the information contained or referred to in this document and of evaluating the merits and risks involved in the securities forming the subject matter of this or other such document. Moreover, the provision of certain data/information in the publication may be subject to the terms and conditions of other agreements to which KAMCO is a party. Nothing in this document should be construed as a solicitation or offer, or recommendation, to acquire or dispose of any investment or to engage in any other transaction, or to provide any investment advice or service. This document is directed at Professional Clients and not Retail Clients within the meaning of CMA rules. Any other persons in receipt of this document must not rely upon or otherwise act upon it. Entities and individuals into whose possession this document comes are required to inform themselves about, and observe such restrictions and should not rely upon or otherwise act upon this document where it is unlawful to make to such person such an offer or invitation or recommendation without compliance with any authorization, registration or other legal requirements. KAMCO Investment Company (DIFC) Limited (“KAMCO DIFC”) is regulated by the Dubai Financial Services Authority (DFSA). KAMCO DIFC may only undertake the financial services activities that fall within the scope of its existing DFSA licence. This document is intended for Professional Clients or Market Counterparties only as defined by the DFSA, and no other person should act upon it.’ Risk Warnings Any prices, valuations or forecasts are indicative and are not intended to predict actual results, which may differ substantially from those reflected. The value of an investment may go up as well as down. The value of and income from any investment may fluctuate from day to day as a result of changes in relevant economic markets (including, without limitation, foreseeable or unforeseeable changes in interest rates, foreign exchange rates, default rates, prepayment rates, political or financial conditions, etc.). Past performance is not indicative of future results. Any opinions, estimates, valuations or projections (target prices and ratings in particular) are inherently imprecise and a matter of judgment. They are statements of opinion and not of fact, based on current expectations, estimates and projections, and rely on beliefs and assumptions. Actual outcomes and returns may differ materially from what is expressed or forecasted. There are no guarantees of future performance. Certain transactions, including those involving futures, options, and other derivatives, give rise to substantial risk and are not suitable for all investors. This document does not propose to identify or to suggest all of the risks (direct or indirect) which may be associated with the investments and strategies referred to herein. Conflict of Interest KAMCO and its affiliates provide full investment banking services, and they and their directors, officers and employees, may take positions which conflict with the views expressed in this document. Salespeople, traders, and other professionals of KAMCO may provide oral or written market commentary or trading strategies to our clients and our proprietary trading desks that reflect opinions that are contrary to the opinions expressed in this document. Our asset management area, our proprietary trading desks and investing businesses may make investment decisions that are inconsistent with the recommendations or views expressed in this document. KAMCO may have or seek investment banking or other business relationships for which it will receive compensation from the companies that are the subject of this document. Facts and views presented in this document have not been reviewed by, and may not reflect information known to, professionals in other KAMCO business areas, including investment banking personnel. United Gulf Bank, Bahrain owns majority of KAMCO’s shareholding and this ownership may create, or may create the appearance of, conflicts of interest. No Liability & Warranty KAMCO makes neither implied nor expressed representations or warranties and, to the fullest extent permitted by applicable law, we hereby expressly disclaim any and all express, implied and statutory representations and warranties of any kind, including, without limitation, any warranty as to accuracy, timeliness, completeness, and fitness for a particular purpose and/or non-infringement. KAMCO will accept no liability in any event including (without limitation) your reliance on the information contained in this document, any negligence for any damages or loss of any kind, including (without limitation) direct, indirect, incidental, special or consequential damages, expenses or losses arising out of, or in connection with your use or inability to use this document, or in connection with any error, omission, defect, computer virus or system failure, or loss of any profit, goodwill or reputation, even if expressly advised of the possibility of such loss or damages, arising out of or in connection with your use of this document. We do not exclude our duties or liabilities under binding applicable law. KAMCO Investment Company
  17. KAMCO Investment Company - K .S.C. (Public) Al-Shaheed Tower, Khalid Bin Al-Waleed Street- Sharq P.O. BOX : 28873, Safat 13149, State of Kuwait Tel: (+965) 1852626 Fax: (+965) 22492395 Email : Kamcoird@kamconline.com Website : http://www.kamconline.com KAMCO Investment Company