MENA Markets Weekly Wrap - 17 November
MENA Markets Weekly Wrap - 17 November
Organisation Tags (9)
Qatar Islamic Bank
Arab National Bank
Bank Albilad
Boubyan Bank
Kuwait Finance House
Saudi British Bank (SABB)
Masraf Al Rayan
Emirates NBD Bank
Qatar National Bank
Transcription
- Research @Markaz.com Weekly Wrap Equity Watch Value Traded & Advances/Decline Ratio M. Cap Close (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) MTD % YTD 3-Yr 5-Yr P/E % CAGR CAGR TTM Companies Value Traded Listed ADTV – 1M Advances Declines Unchanged (USD mn) companies (USD mn) 110 7,924 10,363 5,138 5,729 6,616 2,701 1,505 4,084 1.2 1.6 0.9 0.1 0.6 0.6 0.1 -0.9 1.1 1.8 2.3 1.7 0.6 0.2 0.2 -1.7 -1.2 2.1 2.8 1.2 0.6 4.5 12.8 17.1 6.8 12.5 -5.5 5.9 6.1 2.0 6.2 9.2 13.1 -6.5 8.4 -9.4 -3.3 -3.3 -5.6 0.8 -10.1 0.7 -10.3 15 16 14 13 14 14 7 10 8 Saudi Arabia Kuwait UAE Qatar Bahrain Oman 42,272 27,224 2,516 5,960 2,283 3,120 7,303 1,697 0.6 0.9 -0.8 -0.4 2.2 2.7 0.8 1.8 21.2 24.5 8.5 13.6 10.2 12.6 2.4 6.0 5.7 8.7 1.7 4.0 19 22 15 15 Yield Curve & CDS Watch 5,583 4,592 1,004 1,049 3,029 40,357 -1.5 -2.5 0.1 0.7 -1.3 0.6 8.6 16.0 11.9 7.4 -3.4 15.4 1.2 3.3 7.5 14 12 22 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 WTD % 894 498 145 142 109 109 77 25 13 Blue Chip Watch Companies November 17, 2019 Close Price WTD % MTD % YTD % 3-Yr CAGR 5-Yr CAGR P/E TTM 74 53 41 36 23 93 99 62 46 21 2.4 3.1 1.6 1.3 0.0 5.7 3.3 2.6 4.7 0.6 -20.2 7.8 9.0 -4.8 38.0 2.6 13.6 15.1 18.6 5.0 -1.7 7.6 8.8 0.0 5.3 29 17 14 13 - 46 40 20 16 17 12 1.0 0.6 2.2 2.4 0.8 -2.5 10.5 -1.6 36.5 20.7 -2.4 14.6 4.6 9.7 4.4 14 16 5 14 10 8 13 -2.8 -5.0 -2.2 -5.6 -6.5 -26.6 8.1 -9.3 -0.1 -9.8 9 8 21 16 8 5 4 968 682 564 558 742 3.4 1.5 0.4 0.7 0.3 2.9 -0.3 -0.2 -0.7 -1.1 21.9 22.8 25.6 11.1 6.4 20.5 20.4 11.2 19.7 26.0 5.5 7.9 -1.6 8.6 5.4 16 19 11 28 15 50 17 10 9 8 20 10 15 3 4 0.6 -0.6 0.1 1.6 0.8 2.0 -2.0 0.8 4.4 4.0 0.5 -22.9 0.9 73.7 -6.4 12.3 -0.3 15.3 19.8 5.2 2.4 -12.3 6.7 -4.0 -4.8 13 19 13 38 14 Total Arab National Bank Saudi British Bank Bank Albilad Samba Financial Group Abdullah Al Othaim Markets Co WTD % 8.3% 7.7% 6.1% 5.4% 5.0% MTD % 8.5% 5.1% 8.3% 8.5% 15.2% YTD % 16.1% 4.9% 23.2% -4.3% 13.5% Country M. Cap (USD Bn) WTD % MTD % YTD % KSA KSA UAE UAE UAE 1.3 6.7 1.4 10.4 1.8 -8.0% -8.0% -5.3% -5.0% -4.8% -3.3% -8.7% -9.7% -5.6% 2.9% 7.7% -12.4% -17.5% -26.6% 37.3% Country KSA KSA KSA KSA KSA M. Cap (USD Bn) 9.9 18.8 5.4 16.0 1.9 Top 5 Losers* Companies Fawaz Abdulaziz Alhokair Company Kingdom Holding Co Aramex PJSC DP World PLC Air Arabia PJSC 205 164 132 46 44 88 70 28 28 22 109 71 61 15 11 8 23 43 3 11 715 72 82 56 2 4 121 43 14 64 3 1,300 712 279 281 152 930 LIBOR (In %) 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 87.3 387.5 359.9 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 1.9 KSA** 1.9 UAE 1.8 Qatar 1.7 Oman 2.3 Bahrain 3.5 Euro Region -0.5 Last FOMC Meeting Date: Oct 29/30 Top 5 Gainers* Companies 1,076 50 101 66 4 0.1 0.1 0.0 -0.1 0.5 1.7 -2.3 5YR Rate 10YR Rate 1.7 2.2 2.5 2.2 2.6 3.9 4.9 -0.6 Next FOMC Mt Date: Dec 1.8 2.5 3.1 2.5 2.7 5.6 4.9 -0.3 10/11 Commodity Watch Precious Metals 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 52-Week Close Price 1,467.1 16.9 63.3 8,484.6 WTD % 0.6 0.9 1.3 -3.2 MTD % -3.0 -6.5 5.1 -7.3 YTD % 14.4 9.5 17.7 129.7 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 0.3 -0.5 -0.9 0.7 -3.7 -0.8 1.2 113.8 1.1 105.3 0.3 7.0 13.1 -0.0 0.2 8.1 0.1 -0.4 -1.3 0.1 1.9 -48.7 0.3 7.2 36.1 0.3 6.7 10.9 Hong Kong sank into recession for the first time in a decade in Q3-19, weighed down by increasingly violent anti-government protests and the escalating U.S.-China trade war. The economy shrank by 3.2% in Jul-Sep from the previous quarter. – Reuters The number of Saudi men and women working for the private sector has increased by about 8.2% by the end of Q2-19 to reach 247,096 compared to 228,286 in the same period in 2018. - General Organization of Social Insurance (GOSI) U.S. retail sales rebounded moderately in October although consumers did cut back on purchases of big-ticket household items like furniture and discretionary spending, which could temper expectations for a strong holiday shopping season.- Reuters OPEC expects demand for its oil to fall in 2020 as rivals pumped more despite a smaller surplus of crude in the global market, building a case for the group to maintain supply curbs when it meets to discuss policy next month.– Zawya 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
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