1. QE Intra-Day Movement
Market Indicators
11,560
11,540
11,520
11,500
9:30
16 Feb 14
13 Feb 14
%Chg.
Value Traded (QR mn)
Exch. Market Cap. (QR mn)
Volume (mn)
Number of Transactions
Companies Traded
Market Breadth
778.6
604,679.4
19.6
6,729
38
25:11
761.8
602,979.9
20.0
6,891
41
23:15
2.2
0.3
(2.0)
(2.4)
(7.3)
–
Market Indices
10:00
10:30
11:00
11:30
12:00
12:30
13:00
Qatar Commentary
The QE index rose 0.3% to close at 11,546.2. Gains were led by the Real
Estate and Consumer Goods & Services indices, gaining 2.1% and 0.9%
respectively. Top gainers were Medicare Group and Qatari Investors Group,
rising 5.6% and 3.7% respectively. Among the top losers, Mannai Corp. fell
3.9%, while Qatar German Co. for Med. Dev. declined 1.8%.
Close
Total Return
All Share Index
Banks
Industrials
Transportation
Real Estate
Insurance
Telecoms
Consumer
Al Rayan Islamic Index
1D%
WTD%
YTD%
TTM P/E
16,591.15
2,872.34
2,808.56
3,745.10
1,999.84
2,029.29
2,733.20
1,592.44
6,555.12
3,324.28
0.3
0.3
(0.2)
0.7
0.3
2.1
(0.0)
0.2
0.9
1.0
0.3
0.3
(0.2)
0.7
0.3
2.1
(0.0)
0.2
0.9
1.0
11.9
11.0
14.9
7.0
7.6
3.9
17.0
9.5
10.2
9.5
N/A
13.8
14.4
13.8
13.5
13.9
6.3
21.4
25.0
17.1
GCC Commentary
GCC Top Gainers##
Exchange
Close#
Saudi Arabia: The TASI index rose 0.5% to close at 8,970.4. Gains were led
by the Insurance and Petrochemical Industries indices, rising 3.7% and 1.0%
respectively. The Co. for Coop. Ins. and Saudi Marketing gained 10.0% each.
Co. for Coop. Ins.
1D%
Saudi Arabia
33.00
10.0
4,718.1
(6.3)
MEDGULF
Saudi Arabia
31.70
9.7
2,979.3
(9.2)
Dubai: The DFM index gained 2.2% to close at 4,189.0. The Investment &
Financial Services index rose 5.5%, while the Banking index was up 3.4%.
Agility gained 13.8%, while Dubai Refreshments was up 10.7%.
Deyaar Development
Dubai
1.33
8.1
221,021.2
31.7
Dubai Financial Market
Dubai
3.33
7.4
143,388.1
34.8
Abu Dhabi: The ADX benchmark index fell marginally to close at 4,891.7. The
Telecomm. index declined 0.8%, while the Services index was down 0.7%.
Nat. Marine Dredging Co. fell 4.1%, while RAK White Cement was down 3.7%.
Dubai Investments
Dubai
3.64
4.9
118,982.6
46.2
GCC Top Losers
Exchange
Kuwait: The KSE index declined 0.1% to close at 7,832.4. The Basic Material
index fell 1.7%, while the Oil & Gas index was down 1.0%. Credit Rating &
Collection fell 8.9%, while Securities Group Co. was down 6.8%.
Nat. Marine Dredging
Abu Dhabi
Mannai Corp.
Oman: The MSM index rose 0.1% to close at 7,180.0. The Services index
gained 0.1%, while all other sub indices ended in red. Al Batinah Dev. Inv.
Holding rose 3.6%, while Oman Fisheries was up 2.8%.
Bahrain: The BHB index gained 0.4% to close at 1,323.7. The Hotel &
Tourism index rose 4.3%, while the Commercial Banking index was up 0.6%.
Gulf Hotel Group gained 6.7%, while Bahrain Islamic Bank was up 4.2%.
##
#
Close
Vol. ‘000
1D% Vol. ‘000
YTD%
YTD%
8.65
(4.1)
10.5
0.6
Qatar
98.00
(3.9)
0.0
9.0
IFA Hotels & Resorts
Kuwait
0.26
(3.8)
120.0
(10.5)
Combined Group Cont.
Kuwait
1.14
(3.4)
4.6
(10.9)
Dallah Healthcare
Saudi Arabia
81.00
(2.7)
158.0
16.1
Source: Bloomberg (# in Local Currency) (## GCC Top gainers/losers derived from the Bloomberg GCC
200 Index comprising of the top 200 regional equities based on market capitalization and liquidity)
Medicare Group
Close*
1D%
Vol. ‘000
YTD%
Close*
1D%
Vol. ‘000
YTD%
60.20
Qatar Exchange Top Gainers
5.6
774.5
14.7
Mannai Corp.
98.00
(3.9)
0.0
9.0
Qatar German Co. for Med. Dev.
14.24
(1.8)
37.1
2.8
Qatar Exchange Top Losers
Qatari Investors Group
42.50
3.7
170.5
(2.7)
Commercial Bank of Qatar
73.80
3.2
1,200.5
4.2
Islamic Holding Group
44.80
(1.4)
37.3
(2.6)
Barwa Real Estate Co.
31.50
3.1
3,547.3
5.7
Gulf International Services
83.20
(1.3)
125.0
36.4
Ezdan Holding Group
16.88
2.3
22.0
(0.7)
QNB Group
187.10
(1.3)
55.1
8.8
Qatar Exchange Top Val. Trades
Close*
1D%
Val. ‘000
YTD%
Barwa Real Estate Co.
31.50
3.1
111,226.7
5.7
5.7
Commercial Bank of Qatar
73.80
3.2
87,117.7
4.2
1,292.9
0.1
Industries Qatar
179.80
0.3
67,954.8
6.5
3.2
1,200.5
4.2
Vodafone Qatar
12.55
1.5
65,871.0
17.2
(0.3)
1,074.9
10.1
Medicare Group
60.20
5.6
46,727.3
14.7
Close*
1D%
Vol. ‘000
YTD%
Vodafone Qatar
12.55
1.5
5,250.1
17.2
Barwa Real Estate Co.
31.50
3.1
3,547.3
United Development Co.
22.64
0.9
Commercial Bank of Qatar
73.80
Salam International Investment Co.
14.32
Qatar Exchange Top Vol. Trades
Source: Bloomberg (* in QR)
Source: Bloomberg (* in QR)
Regional Indices
Qatar*
Dubai
Abu Dhabi
Saudi Arabia
Kuwait
Oman
Bahrain
Close
1D%
WTD%
MTD%
YTD%
11,546.23
4,188.98
4,891.74
8,970.44
7,832.39
7,179.95
1,323.68
0.3
2.2
(0.0)
0.5
(0.1)
0.1
0.4
0.3
2.2
(0.0)
0.5
(0.1)
0.1
0.4
3.5
11.1
4.7
2.4
1.0
1.3
2.3
11.2
24.3
14.0
5.1
3.7
5.1
6.0
Exch. Val. Traded
($ mn)
213.80
792.26
229.34
1,715.10
94.44
19.47
8.24
Exchange Mkt.
Cap. ($ mn)
166,044.9
83,412.2
135,009.5
490,686.0
112,823.8
25,630.9
50,975.0
P/E**
P/B**
14.6
17.8
13.2
18.0
16.7
11.1
9.2
1.9
1.6
1.7
2.2
1.2
1.7
0.9
Dividend
Yield
4.0
1.9
3.7
3.3
3.6
3.6
3.6
Source: Bloomberg, Qatar Exchange, Tadawul, Muscat Securities Exchange, Dubai Financial Market and Zawya (** TTM; * Value traded ($ mn) do not include special trades, if any)
Page 1 of 5

2. Qatar Market Commentary
 The QE index rose 0.3% to close at 11,546.2. The Real Estate
and Consumer Goods & Services indices led the gains. The
index rose on the back of buying support from non-Qatari
shareholders despite selling pressure from Qatari shareholders.
 Medicare Group and Qatari Investors Group were the top
gainers, rising 5.6% and 3.7% respectively. Among the top
losers, Mannai Corp. fell 3.9%, while Qatar German Co. for Med.
Dev. declined 1.8%.
Overall Activity
Buy %*
Sell %*
Net (QR)
Qatari
65.11%
71.38%
(48,742,002.89)
Non-Qatari
34.89%
28.62%
48,742,002.89
Source: Qatar Exchange (* as a % of traded value)
 Volume of shares traded on Sunday fell by 2.0% to 19.6mn from
20.0mn on Thursday. However, as compared to the 30-day
moving average of 11.7mn, volume for the day was 67.2%
higher. Vodafone Qatar and Barwa Real Estate Co. were the
most active stocks, contributing 26.8% and 18.1% to the total
volume respectively.
Ratings and Earnings
Ratings Updates
Company
Agency
Finance House (FH)
CI
Market
Abu
Dhabi
Type*
Old Rating
New Rating
Rating Change
Outlook
Outlook Change
–
LT corporate credit
rating/ ST corporate
credit
ratings
BBB-/A3
–
Stable
–
Source: News reports (* LT – Long Term, ST – Short Term, FSR- Financial Strength Rating, FCR – Foreign Credit Rating, LCR – Local Currency Rating, IDR – Issuer Default Rating, SR – Support Rating, LC –
Local Currency)
Earnings Releases
Company
Dubai Insurance Company
(DIC) *
Al Kamil Power Company
(AKPC)*
Nat. Aluminium products *
BMMI *
Revenue
(mn) 4Q2013
% Change
YoY
Operating Profit
(mn) 4Q2013
% Change
YoY
Net Profit (mn)
4Q2013
% Change
YoY
AED
321.4
-2.4%
–
–
20.3
-3.5%
Oman
OMR
–
–
–
–
3.1
–
Oman
OMR
–
–
–
–
1.2
–
Bahrain
BHD
98.3
7.1%
8.6
31.3%
10.1
17.3%
Market
Currency
Dubai
Source: Company data, DFM, ADX, MSM
News
Qatar
 Qatar infrastructure spending to touch $24bn in 2014 –
According to the organizers of the 11th Annual Qatar Projects
Conference, scheduled next month, Qatar will see a significant
rise in project activity in 2014 with contract awards expected to
peak at $24bn. After successfully completing a 20-year
investment program to develop its natural gas resources in
2011, Qatar has embarked on an infrastructure investment
program in its non-oil and gas sectors driven by the Qatar
National Vision 2030. The Qatari projects market accelerated in
2013, overtaking the UAE in terms of contract awards midway
through the year with $12.2bn in new awards, the bulk of which
came from the multi-billion-dollar tunneling contracts awarded as
part of the Doha metro project. Qatar, which plans to grow its
downstream sector with investment over $13bn, currently has
$16.5bn worth of upstream oil schemes at various pre-execution
phases. (Gulf-Times.com)
 IQCD Announces Significant Dividend Boost Despite a
Weak 4Q2013 – IQCD reported Weaker-than-expected 4Q2013
results that missed our estimates/consensus. IQCD reported
QR1.67bn in net income (-5% QoQ, -6% YoY) vs. our estimate
of QR1.98bn and Reuters consensus of QR1.99bn. A drop in
steel revenue and margins versus our estimates along with a
slightly weaker-than-expected fertilizer performance more than
offset better-than-forecast petrochemical revenue and profits.
Overall group EBITDA declined by around 5% sequentially to
QR1.7bn. Petrochemicals benefited from improved pricing and
increase in LDPE sales volumes. Revenue of QR1.5bn
increased by ~9% QoQ with net profit dropping by ~2% to
around QR1bn. Improvement in LDPE prices along with LDPE
sales volume growth due to the timing of specific shipments
(despite down production due to 29 days of shutdowns vs. 18
days in 3Q2013) led to the improved performance relative to our
model. Fertilizers were affected by flattish urea prices offsetting
improved sales volume. Revenue of QAR1.3bn increased
around 4% QoQ with urea sales volume sequentially gaining by
100k tons. Net profit of QR323mn (-3% QoQ), was slightly below
our model. Sales volumes improved despite a number of
planned and unplanned shut-downs (ammonia: 29 days, urea:
44 days) and made up for static urea selling prices that
remained mostly flat during the quarter. According to IQCD, its
urea prices declined by +$100/MT since beginning -2013 to
close at a 3-year low of $293/MT. Steel segment benefits from
sequential growth in re-bar sales volume. Revenue of QAR1.4bn
increased~3% QoQ with moderate sequential volume growth.
Net income, however, dropped 23% QoQ driven by increased
raw material costs. Significant positive surprise on dividends.
IQCD’s BoD proposed a DPS of QR11.00 vs. our estimate of
QR9.00 and Bloomberg consensus of QR8.71. We have long
held the view that upside to dividend expectations is possible
given lack of significant capex needs and a bullet-proof balance
sheet (QR5.7bn in net cash as of 2013). We will await more
color if such a high level of payout (83% for 2013) is sustainable
going forward. We continue to favor IQCD as a long-term play.
With major expansions now complete, significant costPage 2 of 5

3. advantaged volume growth in fertilizers/petrochemicals should
continue to aid in FCF generation. We continue to believe that
upside to our dividend expectations and/or new expansions is
possible over the medium term. (IQCD Press Release, QNBFS
Research
 QCFS reports QR11.4mn net profit, recommends 20% cash
dividend – Qatar Cinema and Film Distribution Company
(QCFS) has reported a net profit of QR11.4mn in 2013 as
compared to QR11.8mn in 2012. EPS amounted to QR2.00 in
2013 vs. QR2.07 in 2012. Meanwhile, QCFS’ board has
recommended 20% cash dividend, i.e. QR 2.0 per share. (QE)
 QIC gets shareholders’ nod for capital hike to QR1.6bn – An
extraordinary general meeting of Qatar Insurance Company
(QIC) has approved an increase in its capital to QR1.6bn from
QR1.28bn by distributing bonus shares at the rate of one share
for every four shares held by shareholders. The EGM authorized
QIC’s board of directors to amend article six of the company’s
article of association to reflect the capital increase. Meanwhile,
the board’s recommendation for distributing a cash dividend of
QR2.5 a share and a special 50th anniversary bonus share of
25% has also been approved. (Gulf-Times.com)
 Tasweeq, ADNOC sign first condensate term contract –
Qatar International Petroleum Marketing Company (Tasweeq)
has signed its first condensate term contract with Abu Dhabi
National Oil Company (ADNOC). Qatar condensate is produced
by Dolphin Energy and Qatar Shell’s Pearl GTL Plant from the
North Field Gas Reservoir in Qatar. The condensate is primarily
used in the condensates splitter units and topping refineries, and
is also used as a lightning agent for blending heavier crude oil.
ADNOC will use Qatar condensate as splitter refinery feedstock.
(Gulf-Times.com)
 Trading suspension in DOHI’s shares on February 17 due to
its AGM & EGM – The Qatar Exchange (QE) has announced
trading suspension on Doha insurance Company’s (DOHI)
shares on February 17, 2014due to its AGM and EGM being
held on that day. (QE)
International
 China’s ICBC weighs Mid-east acquisitions to boost profit –
The Industrial & Commercial Bank of China (ICBC) stated that it
will consider acquisitions in the Middle East as part of its plans
to boost earnings from the region by 50% this year. ICBC’s CEO
for the Middle East, Zhou Xiaodong said ICBC is seeking new
acquisition opportunities since acquisitions are the reason why
ICBC grew so fast in Hong Kong. Zhou said ICBC is seeking to
triple its overseas earnings until 2016 by targeting more
business from Middle Eastern companies after previously
focusing on Chinese firms in the region. The bank plans to open
retail branches in Kuwait, Saudi Arabia and the UAE. ICBC lent
$600mn to regional clients including Emirates Airline, Qatar
Airways and DEWA in 2013. In 2014, the bank is seeking to
boost lending to Dubai real estate projects, energy companies in
Abu Dhabi and infrastructure work in Qatar. In January, it
advanced $201mn to Dubai-based real estate investment
company SKAI Holdings for the development of a hotel on the
Palm Jumeirah. (Bloomberg)
 BoJ mulls refraining from 2015 monetary-base forecast –
According to sources, the Bank of Japan (BoJ) is considering to
refrain from issuing a monetary-base forecast for 2015 to avoid
signaling a commitment to monetary easing for a specific time
period. Sources added that when the BoJ unveiled
unprecedented easing in April 2013, it said the monetary base
will rise to 270tn yen ($2.65tn) by the end of 2014, however,
now the central bank may avoid issuing any update for coming
years. The BoJ is forecasted to leave its policy unchanged at its
upcoming meeting even after a report indicated weaker-thanforecast growth in the fourth quarter. (Bloomberg)
 BoE: jobs, incomes, wages to be factored into any rate rise
– The Bank of England’s (BoE) Governor Mark Carney said the
central bank will only start to increase interest rates when a
range of measures suggest the UK economy is operating at
closer to full capacity. Earlier, the BoE stated that it would look
at a broader range of measures of slack in the economy than
just the unemployment rate when considering rate rise, and that
it was in no rush to raise rates. Carney said both the path of
monetary policy and the path of interest rates are going to be
calibrated carefully to ensure that adjustments are made only
when a sustainable growth in jobs, incomes and spending is
visible. (Reuters)
Regional
 QNB Group: Saudi non-oil private sector key growth driver
in 2014 – According to a report by QNB Group, the non-oil
private sector in Saudi Arabia is expected to be the key growth
driver in 2014, boosted by large public sector infrastructure
investment and the rapidly growing population. Saudi Arabia has
been one of the best performing G20 economies in recent years
with its real GDP growth averaging 5.9% per year during 200813. Saudi authorities recently announced the 2014 state budget
plan, projecting another expansionary budget to continue the
process of diversifying the economy. Based on a conservative
oil price assumption of $80 per barrel, government revenues
and expenditures are expected to be $228bn in 2014. The
budget includes substantial outlays for education, health and
infrastructure, despite the expected declines in oil revenues. The
preliminary macroeconomic data suggests that the overall
economic growth slowed to 3.8% YoY in 2013 owing to a
decline in oil output. Meanwhile, non-oil growth grew by a robust
5.0% YoY in 2013 as consecutive years of government
spending lifted business and consumer confidence and banks'
comfort in lending. QNB said that the budget announcement
indicated that the fastest growing sectors in 2013 were:
construction (8.1%), followed by transport & communication
(7.2%), and retail (6.1%). (Gulf-Times.com)
 FARM Superstores begins trading on Tadawul – The Saudi
Capital Market Authority (CMA) announced that equity shares of
FARM Superstores would begin trading on the Saudi stock
exchange (Tadawul) from February 16, 2014, under the code
4006 in the retail sector. The CMA also stated that the daily
price fluctuation on the company’s shares would be limited to
10% from the first trading day. (GulfBase.com)
 UAE to double budget on homeland security to $10bn in 10
years – According to a US study on security & safety resources,
the UAE is set to double its spending on homeland security from
$5.5bn to more than $10bn in the next 10 years. Meanwhile, the
UAE spending on airport security is likely to reach $57.7mn by
2015. The study, published in the 2013-2014 annual report of
the US Department of Commerce’s International Trade
Administration, showed that the increased investment on
homeland security is aimed at protecting economic
development, to curtail regional unrest and the increased
complexity of potential threats. (GulfBase.com)
 du Telecom agrees terms on $720mn loan financing –
According to sources, UAE-based du Telecom has agreed on
the terms for a $720mn loan that will be used to replace two
existing debt facilities and lower the company's funding costs.
The five-year loan will be provided by Abu Dhabi Commercial
Bank, the National Bank of Abu Dhabi and Samba Financial
Page 3 of 5

4. Group. The interest rate paid by du Telecom for the new loan
will be 140 basis points above the Libor. (Gulf-Times.com)
 DEWA starts work on substation to power MBR City – The
Dubai Electricity & Water Authority (DEWA) has commenced
construction work and the commissioning of a 400kv main
substation at Seih Al Dahl. This substation will connect the
projects of the Mohammed Bin Rashid Al Maktoum Solar Park to
DEWA’s grid, as well as provide power to Mohammed Bin
Rashid City. (Bloomberg)
 SVCP declares SR18.75mn dividend for 1Q2014 – Saudi
Vitrified Clay Pipe Company’s (SVCP) board of directors has
recommended the distribution of dividends worth SR18.75mn to
its shareholders for 1Q2014. The dividend per share will be
SR1.25, representing 12.5% of the face value. Those
shareholders who are registered with the Securities Depository
Center on March 31, 2014 will be eligible for this dividend.
(Tadawul)
 ADNH appoints Acting CEO – Abu Dhabi National Hotels
Company (ADNH) has appointed Ahmed Siddiq Mohamed
Khoori as its Acting Chief Executive Officer, effective from
February 13, 2014 and until further notice. (GulfBase.com)
 Kuwaiti oil refineries still at shutdown risk – Oil refineries in
Kuwait risk further shutdowns due to the poor power supply
system in the country. The reason behind the power failure that
caused three of the country's oil refineries with a total capacity
of around 930,000 bpd to go offline last month is still unclear.
The incident however points out that the fault lies in the state
electricity supplier, and not electrical faults in the refineries
themselves. Kuwait refines around a third of its crude oil
production of 3mn bpd and exports around 660,000 bpd of those
petroleum products. (Bloomberg)
 AKPC declares OMR9.625mn dividend for 2013 – Al Kamil
Power Company’s (AKPC) board of directors has proposed a
distribution of a cash dividend of 10% on the paid-up capital of
OMR9.625mn for 2013 to its shareholders. Those shareholders
who are registered in with Muscat Depository & Securities
Registration Company on July 29, 2014, will be eligible for this
dividend. The company’s AGM is scheduled to be held on March
16, 2014. (MSM)
 NAPCO recommends 12% cash dividend – National
Aluminium Products Company’s (NAPCO) board has
recommended a total cash dividend of 12%, i.e. 12 baizas per
share (par value of 100 baizas) for the year ended December
31, 2013. This dividend is subject to the approval of its
shareholders. Meanwhile, NAPCO’s board has agreed for the
AGM to be held on March 13, 2014. (MSM)
 Bahrain's Al Baraka Islamic Bank sees new scope to
expand – Bahrain based Islamic lender Al Baraka expects at
least 15% growth in net profit this year as its business recovers
across a region hit by the Arab Spring unrest. The growth will
also be fuelled by the company's entry into the Moroccan and
Libyan markets and expansion in Tunisia as monetary
authorities become more welcoming to Islamic banking. Chief
Executive Officer Adnan Ahmed Yousif said that, the bank,
which has operations across the Middle East, Asia and Africa, is
due to announce a double digit increase in 2013 profits, driven
by overall growth in core business and a 15% rise in lending.
(Bloomberg)
 NBK appoints Isam Al Sager as Group CEO – The National
Bank of Kuwait (NBK) has appointed Isam Al Sager as the
Group CEO. Al-Sager, has been NBK’s Deputy Group CEO
since 2010 and has served in several other banks in Kuwait.
(Bloomberg)
 MOTC Oman plans to revamp ONTC – The Ministry of
Transport & Communications (MOTC Oman) is planning to
revamp the state-owned Oman National Transport Company
(ONTC) for providing an integrated public transport system for
the country, which will include taxi services. The plan is to
convert ONTC into a complete transport solution provider along
with underground metro and ferry services, if needed. MOTC
Oman’s Minister Dr. Ahmed bin Mohammed bin Salim al Futaisi
signed an agreement with Inco, a Spanish transport consultancy
agency last December for advising the government on
developing a multi-modal public transport system, which will
reduce the growing traffic congestion in Muscat. (GulfBase.com)
 DICS signs deal with Munich Health for new company –
Dhofar Insurance Company (DICS) has signed a MoU with Abu
Dhabi-based Munich Health Daman Holding Ltd to establish a
new partnership company specializing in health insurance in
Oman. Munich Health is a JV between the Government of Abu
Dhabi and Munich Reinsurance Company for the purpose of a
joint regional expansion. (Zawya)
 SHCS declares 15% cash dividend for 2013 – Salalah Beach
Resort’s (SHCS) board of directors has recommended a cash
dividend of 15% on paid-up share capital of the company,
amounting to 150 baizas per share for the financial year ended
December 31, 2013. The dividend is subject to approval by the
company’ shareholders at the AGM scheduled to be held on
March 17, 2014. (GulfBase.com)
Page 4 of 5

5. Rebased Performance
Daily Index Performance
180.0
170.0
160.0
150.0
140.0
130.0
120.0
110.0
100.0
90.0
80.0
143.6
130.5
1.8%
1.2%
0.6%
0.5%
0.4%
0.3%
0.1%
0.0%
S&P Pan Arab
Dec-13
S&P GCC
Source: Bloomberg
Asset/Currency Performance
Gold/Ounce
Silver/Ounce
Crude Oil (Brent)/Barrel (FM
Future)
Natural Gas (Henry
Hub)/MMBtu
North American Spot LPG
Propane Price
North American Spot LPG
Normal Butane Price
Euro
Source: Bloomberg
Close ($)
1D%
WTD%
YTD%
1,318.69
0.0
0.0
9.4
21.48
0.0
0.0
10.3
109.08
0.0
0.0
5.54
0.0
155.00
Global Indices Performance
Close
1D%
WTD%
YTD%
16,154.39
0.0
0.0
(2.5)
S&P 500
1,838.63
0.0
0.0
(0.5)
(1.6)
NASDAQ 100
4,244.03
0.0
0.0
1.6
0.0
27.4
STOXX 600
333.32
0.0
0.0
1.5
0.0
0.0
22.8
DAX
9,662.40
0.0
0.0
1.2
138.50
0.0
0.0
1.5
FTSE 100
6,663.62
0.0
0.0
(1.3)
DJ Industrial
1.37
0.0
0.0
(0.4)
CAC 40
101.80
0.0
0.0
(3.3)
Nikkei
GBP
1.67
0.0
0.0
1.1
MSCI EM
CHF
1.12
0.0
0.0
0.0
SHANGHAI SE Composite
AUD
0.90
0.0
0.0
1.3
USD Index
80.14
0.0
0.0
RUB
35.17
0.0
0.0
BRL
0.42
0.0
0.0
(1.0)
Yen
Dubai
May-13
Oman
Oct-12
Abu Dhabi
QE Index
Mar-12
Bahrain
Aug-11
Kuwait
Jan-11
(0.0%)
(0.1%)
Qatar
(0.6%)
Saudi Arabia
Jun-10
2.2%
2.4%
165.9
4,340.14
0.0
0.0
1.0
14,313.03
0.0
0.0
(12.1)
957.31
0.0
0.0
(4.5)
2,115.85
0.0
0.0
(0.0)
HANG SENG
22,298.41
0.0
0.0
(4.3)
0.1
BSE SENSEX
20,366.82
0.0
0.0
(3.8)
7.0
Bovespa
48,201.11
0.0
0.0
(6.4)
1,343.20
0.0
0.0
(6.9)
Source: Bloomberg
RTS
Source: Bloomberg
Contacts
Saugata Sarkar
Ahmed M. Shehada
Keith Whitney
Sahbi Kasraoui
Head of Research
Head of Trading
Head of Sales
Manager - HNWI
Tel: (+974) 4476 6534
Tel: (+974) 4476 6535
Tel: (+974) 4476 6533
Tel: (+974) 4476 6544
saugata.sarkar@qnbfs.com.qa
ahmed.shehada@qnbfs.com.qa
keith.whitney@qnbfs.com.qa
sahbi.alkasraoui@qnbfs.com.qa
QNB Financial Services SPC
Contact Center: (+974) 4476 6666
PO Box 24025
Doha, Qatar
DISCLAIMER: This publication has been prepared by QNB Financial Services SPC (“QNBFS”) a wholly-owned subsidiary of Qatar National Bank (“QNB”). QNBFS is regulated by the Qatar
Financial Markets Authority and the Qatar Exchange; QNB is regulated by the Qatar Central Bank. This publication expresses the views and opinions of QNBFS at a given time only. It is not an
offer, promotion or recommendation to buy or sell securities or other investments, nor is it intended to constitute legal, tax, accounting, or financial advice. We therefore strongly advise potential
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reliable, we have not independently verified such information and it may not be accurate or complete. While this publication has been prepared with the utmost degree of care by our analysts,
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