1. QE Intra-Day Movement
Market Indicators
10,060
10,040
10,020
10,000
10 Nov 13
%Chg.
472.7
541,481.6
14.7
4,998
39
26:9
219.0
537,346.8
9.1
4,675
41
17:21
115.8
0.8
62.1
6.9
(4.9)
–
Market Indices
9,980
9,960
9:30
11 Nov 13
Value Traded (QR mn)
Exch. Market Cap. (QR mn)
Volume (mn)
Number of Transactions
Companies Traded
Market Breadth
10:00
10:30
11:00
11:30
12:00
12:30
13:00
Qatar Commentary
The QE index rose 0.7% to close at 10,046.6. Gains were led by the Banking &
Financial Services and Industrials indices, gaining 1.5% and 0.3% respectively.
Top gainers were Qatari Investors Group and QNB Group, rising 2.8% and
2.2% respectively. Among the top losers, Qatar Cinema & Film Dist. Co. fell
9.8%, while Qatar Insurance Co. declined 0.8%.
Close
Total Return
All Share Index
Banks
Industrials
Transportation
Real Estate
Insurance
Telecoms
Consumer
Al Rayan Islamic Index
1D%
WTD%
YTD%
TTM P/E
14,354.25
2,512.43
2,397.14
3,278.30
1,875.00
1,861.05
2,341.31
1,434.81
5,895.74
2,875.06
0.7
0.8
1.5
0.3
0.3
0.0
(0.1)
0.0
0.2
0.7
0.7
0.8
1.6
0.1
0.2
0.7
0.3
0.6
(0.1)
1.0
26.9
24.7
23.0
24.8
39.9
15.5
19.2
34.7
26.2
15.5
N/A
12.7
12.9
11.9
12.7
12.7
9.6
19.8
22.4
15.0
GCC Commentary
GCC Top Gainers##
Exchange
Close#
Saudi Arabia: The TASI index rose 0.3% to close at 8,271.1. Gains were led
by the Cement and Petrochem. Ind. indices, rising 0.9% and 0.8%
respectively. WAFA Insurance gained 5.8%, while National Ind. was up 4.6%.
National Ind. Co.
1D%
Saudi Arabia
29.40
4.6
3,938.4
6.1
Yamamah Cement Co.
Saudi Arabia
59.50
4.4
602.6
25.3
Dubai: The DFM index fell 2.8% to close at 2,822.7. The Investment &
Financial Services and Real Estate & Construction index declined 3.8% each.
Al Mazaya fell 9.9%, while Al Madina for Finance & Inv. Co. was down 6.9%.
Bank of Sharjah
Abu Dhabi
1.71
4.3
653.0
33.6
The Co. for Coop. Ins.
Saudi Arabia
36.10
3.1
818.0
4.9
Abu Dhabi: The ADX benchmark index declined 0.9% to close at 3,811.6. The
Real Estate index fell 4.6%, while the Inv. & Fin. Ser. index was down 4.4%.
BILDCO declined 9.6%, while Int. Fish Farming Holding Co. was down 9.3%.
Qatari Investors Group
Qatar
32.60
2.8
660.0
41.7
GCC Top Losers
Exchange
Kuwait: The KSE index fell 0.6% to close at 7,928.8. The Real Estate index
declined 1.6%, while the Oil & Gas index was down 1.4%. Pearl Of Kuwait
Real Estate Co. fell 7.9%, while IFA Hotels & Resorts Co. was down 6.9%.
IFA Hotels & Resorts
Kuwait
0.36
(6.9)
6.0
(5.6)
Comm. Bank of Dubai
Dubai
4.10
(6.8)
50.0
36.7
Oman: The MSM index gained marginally to close at 6,765.1. The Ser. & Ins.
index rose 0.5%, while the Banking & Investment index gained marginally.
Sohar Power Co. rose 9.9%, while Dhofar Insurance Co. was up 7.1%.
Dana Gas
Abu Dhabi
0.62
(4.6)
24,373.1
37.8
Deyaar Development
Dubai
0.69
(4.6)
38,385.3
95.7
Aldar Properties
Abu Dhabi
2.52
(4.5)
42,917.5
98.4
Bahrain: The BHB index rose 0.1% to close at 1,204.8. The Commercial
Banking index gained 0.6%, while the Hotel & Tourism index was up 0.1%.
Bahrain Family Leisure Co. rose 1.8%, while Ahli United Bank was up 1.5%.
##
#
Close
Vol. ‘000
1D% Vol. ‘000
YTD%
YTD%
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)
Qatari Investors Group
Close*
1D%
Vol. ‘000
YTD%
Qatar Exchange Top Losers
Close*
1D%
Vol. ‘000
YTD%
32.60
Qatar Exchange Top Gainers
2.8
660.0
41.7
Qatar Cinema & Film Dist. Co.
39.50
(9.8)
4.8
(30.6)
65.00
(0.8)
58.0
20.5
169.00
2.2
360.2
29.1
Qatar Insurance Co.
Al Khalij Commercial Bank
19.49
2.2
2,291.0
14.7
Doha Insurance Co.
25.15
(0.6)
2.6
2.4
Qatar General Ins. & Rein. Co.
51.10
2.2
0.5
11.1
Qatar Islamic Bank
68.50
(0.4)
81.7
(8.7)
Masraf Al Rayan
30.85
2.2
1,266.9
24.4
Barwa Real Estate Co.
27.05
(0.4)
965.9
(1.5)
Close*
1D%
Vol. ‘000
YTD%
Qatar Exchange Top Val. Trades
Close*
1D%
Val. ‘000
YTD%
9.84
1.1
4,257.0
17.8
Industries Qatar
163.00
0.4
73,871.7
15.6
Al Khalij Commercial Bank
19.49
2.2
2,291.0
14.7
QNB Group
169.00
2.2
60,127.6
29.1
Masraf Al Rayan
30.85
2.2
1,266.9
24.4
Al Khalij Commercial Bank
19.49
2.2
44,662.4
14.7
United Development Co.
22.93
0.5
1,181.7
28.8
Vodafone Qatar
9.84
1.1
42,116.3
17.8
Barwa Real Estate Co.
27.05
(0.4)
965.9
(1.5)
Masraf Al Rayan
30.85
2.2
38,835.0
24.4
QNB Group
Qatar Exchange Top Vol. Trades
Vodafone Qatar
Source: Bloomberg (* in QR)
Source: Bloomberg (* in QR)
Regional Indices
Qatar*
Dubai
Abu Dhabi
Saudi Arabia
Kuwait
Oman
Bahrain
Close
1D%
WTD%
MTD%
YTD%
10,046.57
2,822.71
3,811.60
8,271.14
7,928.75
6,765.09
1,204.79
0.7
(2.8)
(0.9)
0.3
(0.6)
0.0
0.1
0.7
(2.6)
(1.0)
0.1
(0.1)
0.2
(0.1)
2.1
(3.4)
(0.9)
2.8
(0.2)
1.4
0.2
20.2
74.0
44.9
21.6
33.6
17.4
13.1
Exch. Val. Traded
($ mn)
129.83
242.23
108.99
1,250.23
84.54
24.13
30.60
Exchange Mkt.
Cap. ($ mn)
148,745.0
68,328.8
110,975.6
448,250.4
110,285.5
24,031.6
16,850.3
P/E**
P/B**
12.8
15.3
10.6
16.9
18.5
10.9
8.0
1.7
1.1
1.3
2.1
1.3
1.6
0.8
Dividend
Yield
4.6
3.2
4.7
3.6
3.5
3.8
4.0
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 0.7% to close at 10,046.6. The Banking &
Financial Services and Industrials indices led the gains. The
index rose on the back of buying support from Qatari
shareholders despite selling pressure from non-Qatari
shareholders.
Overall Activity
Buy %*
Sell %*
Net (QR)
Qatari
60.66%
57.85%
13,275,908.64
Non-Qatari
39.34%
42.16%
(13,275,908.64)
Source: Qatar Exchange (* as a % of traded value)
 Qatari Investors Group and QNB Group were the top gainers,
rising 2.8% and 2.2% respectively. Among the top losers, Qatar
Cinema & Film Dist. Co. fell 9.8%, while Qatar Insurance Co.
declined 0.8%.
 Volume of shares traded on Monday rose by 62.1% to 14.7mn
from 9.1mn on Sunday. Further, as compared to the 30-day
moving average of 6.6mn, volume for the day was 123.9%
higher. Vodafone Qatar and Al Khalij Commercial Bank were the
most active stocks, contributing 29.0% and 15.6% to the total
volume respectively.
Ratings, Earnings and Global Economic Data
Ratings Updates
Company
Nico Middle East
Limited (NMEL)
Agency
S&P
Market
Dubai
Type*
Old Rating
New Rating
Rating Change
Outlook
Outlook Change
–
B/B-
–
Stable
–
LT corporate credit
rating/ Issue rating
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
Revenue
(mn) 3Q2013
% Change
YoY
Operating Profit
(mn) 3Q2013
% Change
YoY
Net Profit (mn)
3Q2013
% Change
YoY
–
–
–
–
12.1
26.4%
AED
29.1
4.6%
–
–
1.1
-52.3%
Abu Dhabi
AED
631.2
-27.6%
–
–
52.6
-33.4%
Abu Dhabi
AED
24.2
N/A
–
–
107.1
289.5%
Kuwait
KD
–
–
–
–
53.0
-12.0%
Bahrain
BHD
1.3
7.4%
–
–
0.4
21.3%
Bahrain
BHD
–
–
0.1
-26.8%
0.2
43.9%
Bahrain
BHD
2.7
11.7%
–
–
0.02
-82.0%
Bahrain
USD
–
–
–
–
13.5
-0.3%
Bahrain
BHD
–
–
–
–
1.4
155.8%
Market
Agility Public Warehousing
Co.
Al Fujairah National
Insurance Co. (AFNIC)
National Marine Dredging
Co. (NMDC)
Al Waha Capital (Waha)
Mobile Telecommunications
Co. (Zain Group)
The Bahrain Ship Repairing
and Engineering Co.
(BASREC)
Bahrain Car Parks Co.
(BCPC)
Takaful International Co.
Bahrain Duty Free Shop
Complex*
Securities & Investment Co.
(SICO)
Currency
Dubai
KD
Abu Dhabi
Source: Company data, DFM, ADX, MSM
Global Economic Data
Date
Market
Source
Indicator
Period
11/11
Italy
ISTAT
Industrial Production MoM
September
11/11
Italy
ISTAT
Industrial Production WDA YoY
September
11/11
Italy
ISTAT
Industrial Production NSA YoY
September
11/11
China
People's Bank of China
Money Supply M0 YoY
11/11
China
People's Bank of China
11/11
China
People's Bank of China
Actual
Consensus
Previous
0.20%
0.20%
-0.20%
-3.00%
-2.90%
-4.60%
0.10%
–
-7.60%
October
8.00%
8.00%
5.70%
Money Supply M1 YoY
October
8.90%
9.20%
8.90%
Money Supply M2 YoY
October
14.30%
14.20%
14.20%
Source: Bloomberg (s.a. = seasonally adjusted; n.s.a. = non-seasonally adjusted; w.d.a. = working day adjusted)
Page 2 of 5

3. News
Qatar
 Qatar’s trade balance shows QR32.9bn surplus in
September – According to the preliminary figures released by
the Ministry of Development Planning & Statistics (MDPS),
Qatar’s international trade balance of goods showed a surplus of
QR32.9bn in September 2013, indicating an increase of 0.9%
YoY. Total revenue from exports (including exports of domestic
origin goods & re-exports) rose 3% YoY to QR41.8bn in
September, while value of imports increased 11.4% YoY to
QR8.9bn. MDPS said this increase was mainly from petroleum
gases and other gaseous hydrocarbons, which rose 4.2% YoY.
Petroleum oils & oils from bituminous minerals (crude)
expanded 3.3% YoY, while petroleum oils & oils from bituminous
minerals (non-crude) rose 1.2% YoY in September 2013.
Qatar’s main export destinations were Japan with a share of
28% of total exports, South Korea (18%), and India (9%). Light
vessels, floating docks & platforms, motor cars & other
passenger vehicles, and aircraft spare parts were the main
imported goods during September 2013. South Korea was the
leading country of origin with a share of 13% of total imports,
followed by the US and China with a share of 10% each. (QSA)
 Qatar’s business optimism index jumps to highest in 3
years – According to the Dun & Bradstreet Business Optimism
Index for Qatar, the business optimism in Qatar has soared to its
highest level in nearly three years. The survey reveals that
optimism in finance, real estate and business services has
reached its highest level in the last three years. The index for
the consolidated non-hydrocarbon sector stood at 53, up 14
points from 3Q2013 and around 15 points from 4Q2012 levels.
The 4Q2013 reading is the highest recorded reading since
1Q2011, when it touched 61 points, showing that economic
diversification in Qatar is gathering momentum. (GulfTimes.com)
 Ooredoo’s unit QIFL to pay interest on guaranteed notes on
December 10 – Ooredoo’s (ORDS) subsidiary, Qtel
International Finance Limited (QIFL) will pay $29.25mn as
interest for Global Medium Term Note (GMTN) holders
(guaranteed notes due on June 10, 2014) on December 10,
2013. The same day, QIFL will also pay $23.625mn interest on
guaranteed notes worth $600mn that are due on June 10, 2019.
(ADX)
 Qatar pitches for green energy – The Minister of Energy &
Industry HE Dr Mohamed bin Saleh al-Sada said a right balance
has to be found between development and environment to meet
the growing energy demand from increasing population in the
GCC region. The total population in the GCC region is expected
to reach 53.5mn by 2020, which is a 30% increase over 2000.
The minister said the real GDP of the six-member countries is
expected to grow by 56% during this period. (Gulf-Times.com)
 HMC plans new emergency facility – The Hamad Medical
Corporation (HMC) is planning to establish a new emergency
unit close to its existing facility. HMC’s emergency unit received
465,000 visitors last year vs. 493,000 visitors for other HMC
facilities. HMC’s Medical Director Dr Yousuf Al Maslamani said
the new unit will take around two years to complete. (Peninsula
Qatar)
 Ahli Bank appoints Deputy CEO for Retail – Ahli Bank has
appointed Andrew McKechnie as Deputy Chief Executive Officer
with the key responsibility for handling the Retail Banking
operation. Before joining Ahli Bank, McKechnie worked in the
UK banking industry for 25 years in a number of management
and senior executive positions. During the last four years, he
has been the Head of Retail Banking for Riyad Bank. (QE)
International
 EBRD cuts forecast for Central and Eastern Europe, North
African economies – The European Bank for Reconstruction &
Development (EBRD) cut its growth forecasts for North Africa
and Central & Eastern Europe, citing weak demand for their
exports and unfinished reforms. EBRD cut its 2013 forecast for
Central & Eastern Europe to 2% from 2.1%, and dropped its
2014 projection to 2.8% from 3.1%. Similarly, the 2013 forecast
for Russia is reduced to 1.3% from 1.8% and for 2014 to 2.5%
from 3% due to subdued investment and a drop in the price of
the country’s oil exports. EBRD cut its forecast for its overall
Central & Eastern Europe and North Africa region to 2% for
2013 from 2.2%, and to 2.8% for 2014 from 3.2%. Further,
EBRD said deflationary pressure is emerging from the
Eurozone, but internal risks of deflation are limited. (GulfTimes.com)
 Coeure: ECB rate cut not hurting savers – European Central
Bank board member Benoit Coeure has rejected criticism that
the bank's decision to slash interest rates last week is hurting
savers. He further added that low interest rates for savers were
a result of the recent deep recession and a fragmented financial
market in the Euro zone. Benoit stated that higher interest rates
have exacerbated the recession, delayed a recovery and
contributed to deflationary risks. The ECB had cut its main rate
to a new record low of 0.25% last week, taking financial markets
by surprise. (Reuters)
Regional
 Egypt plans new economic stimulus package by year-end –
Egypt’s Finance Minister Ahmed Galal said the Egyptian
government will launch a new economic stimulus package by
year-end. The government said it would also float a tender to
develop a corridor around the Suez Canal. Finance Minister
Ahmed Galal said the second stimulus package, previously
estimated to be around 24bn Egyptian pounds ($3.5bn), would
be launched before January. The government had previously
indicated that the package might be launched early next year.
The first stimulus package was initially set at 22.3bn Egyptian
pounds, but the government later increased it to 29.6bn
Egyptian pounds. (Reuters)
 Eaton plans to expand production in Dammam – Eaton’s
Chairman & CEO Alexander M. Cutler said that the company is
planning to expand its production in Dammam, Saudi Arabia.
This would include producing low & medium voltage switchgear
for high-end infrastructure and oil & gas customers.
(GulfBase.com)
 TPG, Abraaj team up against KKR for Saudi fast-food chain
stake – TPG Capital and Abraaj Group have reportedly teamed
up to compete against KKR & Co for a majority stake in Saudi
Arabian fast-food chain, Kudu. A stake purchase by either KKR
or TPG would be their first investment in the Middle East, which
shows the heightened interest in the region’s economic growth
and its young and wealthy population. (Bloomberg)
 EmiratesLNG to build 9 mtpa LNG import terminal at
Fujairah – EmiratesLNG, a JV between the International
Petroleum Investment Company (IPIC) and Mubadala
Petroleum, will build and operate the Middle East's first landbased liquefied natural gas (LNG) re-gasification facility at
Fujairah. EmiratesLNG said it would push ahead with the project
after receiving an approval from the Abu Dhabi Executive
Council. (Peninsula Qatar)
 UAE’s energy demand to grow 9% annually by 2020 – The
UAE’s Minister of Energy Suhail Mohammed Al Mazrouei said
Page 3 of 5

4. that the power demand in the Emirates is set to grow 9%
annually to cross 40,000 MW by 2020. This average growth rate
is three times of the average international energy demand.
(GulfBase.com)
 Air Arabia’s net profit drops 9% YoY in 3Q2013 – UAE-based
Air Arabia has reported a net profit of AED206mn in 3Q2013,
indicating a YoY decline of 9%. The low-cost carrier cited a
seasonal slowdown in travel during Ramadan this year.
Revenue reached AED854mn, showing an increase of 6% YoY.
Air Arabia carried 1.5mn passengers in 3Q2013, indicating 11%
YoY growth. Earlier, three analysts polled by Reuters had
forecast AED241.3mn profit for the quarter. (Bloomberg)
 Utico to invite bids for RAK solar power, desalination plants
in 2014 – Utico announced that it will soon call for bids on two
solar power plants and water desalination plants worth a total of
$450mn to be built in Ras Al Khaimah (RAK). Utico is a private
utility company that is responsible for power and water
infrastructure in the UAE emirate. (Bloomberg)
 DIB reports AED1.2bn net profit in 9M2013 – Dubai Islamic
Bank (DIB) has reported a net profit of AED1.2bn at the end of
September 30, 2013, indicating an increase of 33.5% YoY. The
bank’s total assets grew 8.8% YTD to AED107.4bn. The gross
financing portfolio rose 1.4% YTD to AED59.7bn, while
customer deposits were up 19.3% YTD to AED79.6bn.
(GulfBase.com)
 Dubai’s inflation reaches the highest level since 2009 –
According to the data released by the Dubai Statistics Center
(DSC), the Emirate’s inflation in October 2013 has edged up to
the highest level since 2009, as food prices have increased
along with housing and utility costs. In October, the housing and
utility costs, which account for almost 44% of consumer
expenses, grew 0.2% MoM (+3.2% YoY). Food & beverage
prices (accounting for 11%) fell 0.4% MoM (+1.8% YoY).
Analysts polled by Reuters in September expected the UAE’s
average inflation to accelerate from 0.7% in 2012 to 1.5% in
2013 and 2.3% in 2014. (GulfBase.com)
 TAQA to realize $40mn gain from sale of Dutch pipeline
stake – Abu Dhabi National Energy (TAQA) said the company
will realize $40mn gain from sale of stake in Dutch Pipeline
NGT. TAQA said the impact of this transaction will show in the
company’s full year 2013 results and there will be no impact for
these assets in the company’s financials thereafter. (ADX)
 KFAED to fund KD5.8mn for airport in Burkina Faso – The
Kuwait Fund for Arab Economic Development (KFAED) has
signed a loan agreement worth KD5.8mn with Burkina Faso's
Minister of Economy & Finance to fund the Ouagadougou airport
project in Burkina Faso. This project aims to achieve economic
and social development in Burkina Faso, and improve its
connection with other nations. This new airport will respond to
the rising travel demand and provide its services to around
1,000 travelers through three jumbo aircraft. (Bloomberg)
 BAPCO sets 2014 oil contract premiums at lower levels
than 2013 – According to sources, the Bahrain Petroleum
Company (BAPCO) has finalized its 2014 jet fuel and gas oil
term contracts with several companies, with premiums set at
lower levels than 2013. The company has set its term premiums
lower as buyers are expected to reduce their import demand
from Saudi Arabia and more supply is expected from the Middle
East in 2014 due to new refining capacity and expansion of
existing plants. Meanwhile, BAPCO has set its gas oil term
prices for 2014 at a premium of $2.5 per barrel above Middle
East quotes and the jet fuel term prices at a premium of $2.15
per barrel. (Reuters)
 MAF to buy Spinneys’ supermarket in Jordan – Majid Al
Futtaim’s (MAF) CEO Iyad Malas said the company is about to
buy Spinneys’ supermarket chain in Jordan. But Malas said
MAF is not interested in acquiring the retailer’s other businesses
located outside the UAE. (Bloomberg)
 Datamena partners with DDC to provide connectivity
between Dubai, Africa – UAE-based data center operator,
Datamena has partnered with Djibouti Data Centre (DDC) to
enhance customer accessibility by providing a seamless
connectivity link between Dubai and Africa. This link will expand
the options available for customers who wish to interconnect
between Africa and the GCC region. (GulfBase.com)
 DFM signs MoU with Yemen’s MoF to develop bourse – The
Dubai Financial Market (DFM) has entered into a MoU with
Yemen’s Ministry of Finance to develop a bourse in Yemen.
(Bloomberg)
 Al Waha Capital eyes acquisitions in UAE – Al Waha
Capital’s CEO Salem al Noaimi said the company is seeking
acquisitions worth up to AED500mn in the UAE healthcare and
education sectors as part of its diversification strategy. (Reuters)
 Etihad in talks with Airbus to buy jets – According to sources,
Etihad Airways is in talks with Airbus to buy jets. At least one
such deal could be announced at next week's Dubai Air Show,
marking the first time the Abu Dhabi carrier has played a
significant role at the showcase event hosted by its closest rival,
Emirates Airline. (Reuters)
Page 4 of 5

5. Rebased Performance
Daily Index Performance
150.0
1.0%
140.0
144.4
129.4
0.1%
(1.0%)
117.8
0.7%
0.0%
0.0%
130.0
0.3%
(1.9%)
120.0
110.0
100.0
(0.9%)
(2.9%)
90.0
(0.6%)
(3.8%)
S&P Pan Arab
WTD%
YTD%
15,783.10
0.1
0.1
20.4
S&P 500
1,771.89
0.1
0.1
24.2
NASDAQ 100
3,919.79
0.0
0.0
29.8
323.57
0.3
0.3
15.7
DAX
9,107.86
0.3
0.3
19.6
FTSE 100
6,728.37
0.3
0.3
14.1
Jul-13
S&P GCC
p
Source: Bloomberg
Source: Bloomberg
Asset/Currency Performance
Close ($)
1D%
WTD%
YTD%
Global Indices Performance
1,282.80
(0.5)
(0.5)
(23.4)
DJ Industrial
21.36
(0.7)
(0.7)
(29.6)
106.40
1.2
1.2
(4.2)
3.62
2.2
2.2
5.6
118.50
0.3
0.3
32.4
141.88
1.1
1.1
(18.0)
Euro
1.34
0.3
0.3
1.6
Yen
99.16
0.1
0.1
14.3
Nikkei
GBP
1.60
(0.2)
(0.2)
(1.6)
MSCI EM
CHF
1.09
0.2
0.2
(0.4)
SHANGHAI SE Composite
AUD
0.94
(0.3)
(0.3)
(10.0)
USD Index
81.09
(0.3)
(0.3)
RUB
32.83
0.6
0.6
BRL
0.43
(0.7)
(0.7)
(12.1)
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
Dubai
Abu Dhabi
May-12 Dec-12
Bahrain
Oman
QE Index
Oct-11
Kuwait
1D%
Saudi Arabia
Close
80.0
Jan-10 Aug-10 Mar-11
Qatar
(2.8%)
STOXX 600
CAC 40
4,290.14
0.7
0.7
17.8
14,269.84
1.3
1.3
37.3
992.99
(0.2)
(0.2)
(5.9)
2,109.47
0.2
0.2
(7.0)
HANG SENG
23,069.85
1.4
1.4
1.8
1.7
BSE SENSEX
20,490.96
(0.8)
(0.8)
5.5
7.5
Bovespa
52,623.87
0.7
0.7
(13.7)
1,427.93
(0.5)
(0.5)
(6.5)
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
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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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