ADIB Securities Weekly Report - Global and Local Market Snapshot
ADIB Securities weekly report provides insights into the international and MENA indices weekly changes, including the performance of global indices like Dow Jones, Nasdaq, and regional indices like Saudi SE, DFM, and more. The report also covers commodity price changes, regional news highlights from Oman, KSA, Kuwait, Egypt, and Qatar, as well as local market snapshots focusing on DFM and ADX weekly foreigners' trade activities.
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ADIB SECURITIES Weekly Report 03 SEPTEMBER 08 SEPTEMBER
ADIB Securities | Weekly Report Global Snapshot INTERNATIONAL INDICES WEEKLY CHANGE MENA INDICES WEEKLY CHANGE International Indices Dow Jones Indus. AVG Weekly Change % Weekly Change % Last Value Change GCC Indices Last Value Change 7,085.56 101.97 1.40% Saudi SE 22,092.81 -189.77 -0.86% 3,675.12 6.76 0.19% DFM 2,476.83 -15.12 -0.61% S&P 500 Index 4,596.03 -14.70 -0.33% ADX NASDAQ Composite Index 6,825.70 5.32 0.08% Kuwait SE 6,351.56 -75.14 -1.17% 9,398.09 -125.10 -1.42% Qatar SE 5,057.57 -5.47 -0.11% Muscut SE 3,507.41 3.81 0.11% Euro stoxx 50 Pr 1,258.88 13.09 1.01% Bahrain SE 7,511.71 -60.90 -0.82% FTSE 100 Index COMMODITIES WEEKLY PRICE CHANGES 5,203.44 -9.77 -0.19% CAC 40 Index Weekly Change Weekly Change % 12,297.72 19,952.33 161.34 -416.65 1.33% -2.12% DAX Index NIKKEI 225 HANG SENG Index S&P BSE SENSEX Index Commodity Last Value WTI Crude Oil (Nymex) Brent Crude GOLD (spot) USD 49.58 0.04 0.08% 27,562.68 -284.69 -1.02% USD 52.42 USD 1,258.88 1.24 13.19 2.36% 0.99% 32,325.41 -204.71 -0.64% NEWS REGIONAL WEEKLY HIGHLIGHTS OMAN Oman's GDP crosses $10 billion mark in H1: The Sultanate of Oman achieved gross revenues grew to a little bit more than OMR 4 billion in the first half of 2017. The state budget seeks to achieve OMR 8.7 billion public revenues this year. KSA Saudi Arabia issues final VAT implementing regulations: Following the issue of the final VAT law on July 28, 2017, Saudi Arabia has published its final VAT implementing regulations, said Al Tamimi & Company, a leading law firm in the Middle East. KUWAIT Kuwait s investments in US top $300 billion: Kuwait's Sovereign Wealth Fund investments in the US are roughly estimated at over $300 billion, and are diversified between stocks, bonds -primarily US treasuries- real estate and technology, a media report said. EGYPT Egypt's tourism revenues rise 170% in 2017: Egypt's tourism revenues jumped by 170 percent in the first seven months of 2017, reaching $3.5 billion, a government official told Reuters, in welcome news for an economy heavily reliant on the sector for foreign currency and jobs. Arab GDP up 2.9% in 2016 due to oil price hike: The Arab Gross Domestic Product last year increased to 2.9 per cent from 2.5 per cent in 2015 driven by oil price hike, according to state news agency Wam. QATAR Qatar's central bank raises yields in three-month, six-month T-bill sale: Qatar's central bank said it sold 1 billion Qatari riyals ($274.7 million) worth of treasury bills in a monthly auction on Wednesday, with yields higher than in its previous offer. 2
ADIB Securities | Weekly Report Local Snapshot DFM - WEEKLY FOREIGNERS TRADE ADX - WEEKLY FOREIGNERS TRADE Weekly Change % Weekly Change % Last Value Weekly Change Last Value Weekly Change ADX YTD DFM YTD 2.29 0.03% 2,358,789 2.92% ALDAR AIRARABIA 1.13 0.05% 2,333,350 -2.94% 0.82 1.76% 122,647,611 1.68% DANA AMLAK 1.14 0.01% 150,000 0.35% 0.91 0.09% 2,092,500 -1.42% ESHRAQ ARTC 3.14 -0.10% -4,615,065 -0.97% 17.80 -0.02% -1,739,351 -1.23% ETISALAT DAMAC 3.93 0.03% 1,815,000 -0.91% 0.53 -0.02% -500,000 -1.13% MANAZEL DFM 1.14 -0.02% -1,600,000 -0.27% 0.86 -0.01% -15,000 -1.37% METHAQ DIB 6.14 -0.06% -2,965,313 0.01% WEEKLY TOP TRADED VALUE DIC 2.38 0.14% 5,669,359 2.21% DSI 0.381 -0.04% -914,019 -1.32% Symbol GFH Close 1.810 Traded Value 945,304,674 EMAAR 8.69 0.03% 2,147,922 1.50% EMAAR 8.50 821,917,750 EMAARMALLS 2.44 -0.01% -1,301,430 -0.24% UPP 0.888 592,111,954 GFH 1.93 0.00% 0 -2.56% DANA 0.82 486,045,159 UPP FAB 10.30 379,041,324 0.881 0.13% 4,825,547 -2.11% NEWS LOCAL WEEKLY HIGHLIGHTS Non-oil sector to drive UAE s economic growth this year and next: A gradual pick up in non-oil private sector economic activity in the UAE will be a key driver of economic growth in the country this year and next, but low oil prices and output will continue to be a drag on economic growth, according to the latest UAE Economic Update from Abu Dhabi Commercial Bank (ADCB). EIB Emirates Islamic posts H1 net profit of $105m: Emirates Islamic s net profit for the first half of 2017 stood at Dh387 million ($105.3million) compared to Dh137 million for the same period last year, reflecting the success of its investment deposits. DANA Payment of US$ 1 billion by KRG: Dana Gas can confirm that the sum of US$ 1 billion paid by the KRG in the recently announced settlement agreement was received by the PEARL petroleum company limited (Dana Gas share 35%) prior to the signing of the agreement on the 30th August 2017 and the announcement of that agreement shortly afterwards on the same day. UAE s non-oil trade jumps 3.2% in first quarter: The value of the UAE s non-oil trade reached Dh401 billion in the first quarter of 2017, up 3.2% compared to the Dh388 billion recorded in the same quarter of 2016. Abu Dhabi banks post $2.45 billion income in Q2: The net income of Abu Dhabi-based commercial banks amounted to Dh9 billion ($2.45 billion) during Q2 2017, a growth of 4.1 per cent from Dh8.64 billion during the corresponding period in 2016. SCA issues draft on capital market clearing: The Securities and Commodities Authority (SCA) has announced a draft resolution on the practice of clearing activities in UAE capital markets, urging all parties concerned to send their feedback on the draft not later than September 17, 2017, before its entry into force. DPW DP World to build deepwater port in Ecuador: The President of Ecuador Lenin Moreno and DP World Group Chairman and CEO Sultan Ahmed Bin Sulayem on Sept. 1 performed a ground-breaking ceremony to mark the start of construction of the greenfield multi-purpose port project at Posorja. 3
ADIB Securities | Weekly Report WEEKLY GAINERS WEEKLY LOSERS Symbol Close Change Change % Symbol Close TOP 5 DFM 14.10 1.24 1.81 0.60 2.08 TOP 5 ADX 0.51 0.58 81.00 5.22 43.00 Change Change % TOP 5 DFM 1.55 2.00 2.95 1.12 8.50 TOP 5 ADX 1.85 0.82 0.80 0.91 0.70 ARIG 0.2 0.18 0.25 0.06 0.36 14.82 9.89 9.26 5.66 4.42 DRC -3.25 -0.26 -0.34 -0.102 -0.27 -18.73 -17.33 -15.81 -14.51 -11.49 ALSALAMSUDAN DNIR AIRARABIA EMIRATESNBD ALRAMZ GFH ALMADINA TAKAFUL-EM KICO DANA RAKCC ESHRAQ RAKPROP 0.45 0.18 0.04 0.04 0.03 32.14 28.13 5.26 4.60 4.48 AXAGCIC WATANIA ORDS FOODCO ALAIN -0.11 -0.12 -9 -0.58 -4.00 -17.74 -17.14 -10.00 -10.00 -8.51 WEEKLY SHARI A TRADE WEEKLY INDIVIDUAL & INSTITUTIONAL TRADE Total Traded Value Institutions Individuals Markets Market Share Market share Market Share Traded value Traded value DFM 802,935,396 85.32% DFM 670,047,057 35.60% 1,212,021,096 64.40% ADX 786,707,875 63.76% ADX 1,387,571,741 56.23% 1,080,170,245 43.77% CALENDER Date Company Event Time DSI General Meeting. 4:00 PM 09/09/2017 BOD Meeting to discuss routine administrative items, nothing of which has direct impact on the shares' price. AIRARABIA 5:00 PM BOD Meeting to review audited financials of Q2 2017, review of financial projections of Q3 and Q4 2017,discuss inter alia, routine and other internal business issues and any other matters. 11/09/2017 MARKA 3:00 PM CORPORATE ACTIONS DURING THE WEEK 13/09/2017 DU General Meeting. 3:00 PM 4
