1. QE Intra-Day Movement
Market Indicators
11,660
11,640
11,620
Market Indices
11,600
11,580
9:30
9 Mar 14
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 11,642.0. Gains were led by the Real
Estate and Insurance indices, gaining 1.5% and 0.8% respectively. Top gainers
were Islamic Holding Group and Al Khaleej Takaful Group, rising 9.9% and
5.3% respectively. Among the top losers, Zad Holding Co. fell 3.7%, while Al
Ahli Bank declined 3.3%.
6 Mar 14
%Chg.
929.5
664,393.7
15.8
8,712
42
21:15
Value Traded (QR mn)
Exch. Market Cap. (QR mn)
Volume (mn)
Number of Transactions
Companies Traded
Market Breadth
992.6
662,160.80
17.2
10,775
42
38:3
(6.4)
0.3
(8.3)
(19.1)
0.0
–
Close
Total Return
All Share Index
Banks
Industrials
Transportation
Real Estate
Insurance
Telecoms
Consumer
Al Rayan Islamic Index
1D%
WTD%
YTD%
TTM P/E
16,962.93
2,946.27
2,850.44
3,984.08
2,008.39
2,040.21
2,849.98
1,501.06
6,997.81
3,393.40
0.3
0.2
(0.0)
0.5
(0.4)
1.5
0.8
0.5
(0.4)
0.6
0.3
0.2
(0.0)
0.5
(0.4)
1.5
0.8
0.5
(0.4)
0.6
14.4
13.9
16.6
13.8
8.1
4.5
22.0
3.3
17.6
11.8
N/A
14.8
14.7
15.2
13.9
20.2
6.9
20.7
30.5
18.6
GCC Commentary
GCC Top Gainers##
Exchange
Saudi Arabia: The TASI index rose 1.1% to close at 9,350.6. Gains were led
by the Energy & Utilities and Real Estate Dev. indices, rising 3.0% and 2.7%
respectively. Trade Union rose 9.9%, while Nat. Agri. Marketing was up 9.8%.
Makkah Cons. & Dev.
Saudi Arabia
IFA Hotels & Resorts
Kuwait
Dubai: The DFM index fell 0.3% to close at 4,140.7. The Services index
declined 1.35%, while the Investment & Financial Services index was down
0.9%. Arig fell 6.8%, while Al Salam Sudan was down 2.7%.
Mobile Telecomm. Co.
Saudi Arabia
Investbank
Abu Dhabi
Abu Dhabi: The ADX benchmark index declined 0.4% to close at 4,878.2. The
Telecommunication and Services indices fell 1.2% each. Green Crescent
Insurance Co. declined 9.4%, while Emirates Driving Co. was down 6.7%.
Al Meera Consumer
GCC Top Losers
Exchange
Kuwait: The KSE index gained 0.1% to close at 7,515.7. The
Telecommunication index and Consumer Services indices rose 0.9% each.
IFA Hotels & Resorts Co. gained 8.9%, while Zima Holding Co. was up 8.8%.
Nat. Marine Dredging
Abu Dhabi
Qassim Cement
Oman: The MSM index declined 0.4% to close at 7,087.3. The Financial Index
fell 0.6% while the Services index was down 0.3%. National Gas declined
8.9%, while AL Batinah Dev. Inv. Holding was down 3.5%.
Bahrain: The BHB index fell 0.2% to close at 1,370.7. The Industrial Index
declined 2.0% while the Hotels & Tourism index was down 1.6%. Gulf Hotel
Group fell 2.5%, while Aluminum Bahrain was down 2.0%.
##
Close#
9.6
3,021.5
32.6
0.27
8.9
52.5
(5.3)
10.30
8.4
125,859.9
10.8
3.55
7.3
165.1
32.0
162.00
Qatar
1D%
85.50
5.1
268.7
21.5
#
Close
Vol. ‘000
1D% Vol. ‘000
YTD%
YTD%
9.45
(5.4)
1.0
9.9
Saudi Arabia
91.50
(4.2)
212.9
2.2
Al Ahli Bank
Qatar
49.10
(3.3)
5.0
16.0
United Real Estate Co.
Kuwait
0.12
(3.2)
150.8
1.7
Abu Dhabi Nat. Energy
Abu Dhabi
1.43
(2.7)
1,761.9
(2.7)
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)
Islamic Holding Group
Al Khaleej Takaful Group
Close*
1D%
Vol. ‘000
YTD%
Close*
1D%
Vol. ‘000
YTD%
53.20
Qatar Exchange Top Gainers
9.9
299.8
15.7
Zad Holding Co.
68.20
(3.7)
0.3
(1.9)
19.7
Al Ahli Bank
49.10
(3.3)
5.0
16.0
43.70
5.3
484.8
Qatar Exchange Top Losers
162.00
5.1
268.7
21.5
Qatar Gas Transport Co.
Dlala Brok. & Inv. Holding Co.
21.50
4.6
547.6
(2.7)
Qatar Fuel Co.
Widam Food Co.
42.00
3.3
140.5
(18.8)
Al Meera Consumer Goods Co.
21.34
(1.6)
378.5
5.4
255.00
(1.4)
83.8
16.7
Qatar Industrial Manufacturing Co.
43.90
(1.1)
146.1
4.1
Close*
1D%
Vol. ‘000
YTD%
Qatar Exchange Top Val. Trades
Close*
1D%
Val. ‘000
YTD%
Mesaieed Petrochemical Holding
40.30
(1.0)
2,831.9
303
Industries Qatar
196.00
0.6
134,907.3
16.0
Barwa Real Estate Co.
32.65
1.9
1,349.9
9.6
Mesaieed Petrochemical Holding
40.30
(1.0)
115,533.7
303
Vodafone Qatar
11.82
(0.9)
1,264.6
10.4
191.60
0.3
82,920.1
11.4
Doha Bank
61.00
(0.8)
1,118.8
4.8
Commercial Bank of Qatar
77.00
(0.3)
76,236.7
8.8
Masraf Al Rayan
38.60
0.0
1,061.5
23.3
Doha Bank
61.00
(0.8)
68,090.1
4.8
Qatar Exchange Top Vol. Trades
Source: Bloomberg (* in QR)
Source: Bloomberg (* in QR)
Regional Indices
Qatar*
Dubai
Abu Dhabi
Saudi Arabia
Kuwait
Oman
Bahrain
QNB Group
Close
1D%
WTD%
MTD%
YTD%
11,642.04
4,140.65
4,878.23
9,350.60
7,515.68
7,087.25
1,370.72
0.3
(0.3)
(0.4)
1.1
0.1
(0.4)
(0.2)
0.3
(0.3)
(0.4)
1.1
0.1
(0.4)
(0.2)
(1.1)
(1.9)
(1.6)
2.7
(2.3)
(0.4)
(0.1)
12.2
22.9
13.7
9.5
(0.4)
3.7
9.8
Exch. Val. Traded
($ mn)
255.24
166.58
85.50
3,004.51
61.34
11.40
26.65
Exchange Mkt.
Cap. ($ mn)
182,442.5
84,639.7
130,441.3
509,140.9
110,083.1
25,450.4
51,725.2
P/E**
P/B**
15.4
17.8
13.8
18.7
15.8
10.8
9.8
1.9
1.5
1.7
2.3
1.2
1.6
0.9
Dividend
Yield
4.2
2.0
3.6
3.2
3.8
3.7
3.7
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 11,642.0. The Real Estate
and Insurance indices led the gains. The index rose on the back
of buying support from Qatari shareholders despite selling
pressure from non-Qatari shareholders.
 Islamic Holding Group and Al Khaleej Takaful Group were the
top gainers, rising 9.9% and 5.3% respectively. Among the top
losers, Zad Holding Co. fell 3.7%, while Al Ahli Bank declined
3.3%.
Overall Activity
Buy %*
Sell %*
Net (QR)
Qatari
67.15%
60.96%
57,562,472.78
Non-Qatari
32.85%
39.04%
(57,562,472.78)
Source: Qatar Exchange (* as a % of traded value)
 Volume of shares traded on Sunday fell by 8.3% to 15.8mn from
17.2mn on Thursday. However, as compared to the 30-day
moving average of 12.9mn, volume for the day was 22.3%
higher. Mesaieed Petrochemical Holding and Barwa Real Estate
Co. were the most active stocks, contributing 17.9% and 8.5% to
the total volume respectively.
Earnings
Earnings Releases
Company
Gulf Live Stock *
Al Fujairah National
Insurance Co. *
Revenue
(mn) 4Q2013
% Change
YoY
Operating Profit
(mn) 4Q2013
% Change
YoY
Net Profit (mn)
4Q2013
% Change
YoY
AED
50.8
43.9%
–
–
42.9
45.4%
AED
116.7
1.8%
–
–
18.9
1.8%
Market
Currency
Abu Dhabi
Abu Dhabi
Source: Company data, DFM, ADX, MSM (*FY2013 results)
News
Qatar
 IMF urges caution on inflation in Qatar – The International
Monetary Fund (IMF) has cautioned that although inflationary
pressures in Qatar appear to be contained at the moment,
policymakers need to remain vigilant. The authorities intend to
phase in investment projects gradually, keeping in mind Qatar's
2006-08 experience with double-digit inflation. However, if signs
of overheating emerge, the authorities need to smoothen out
fiscal spending, and deploy further macro-prudential measures
such as liquidity withdrawal operations in case of excessive
credit growth. IMF said that this strategy can be supplemented
by the authorities' efforts to identify and remove bottlenecks in
the supply chain. (Gulf-Times.com)
 Qatar's budget surplus to reach QR40bn – Qatar's budget
surplus is expected to reach QR40bn by the end of the current
fiscal year. According to sources, the surplus stood QR27bn
during the second quarter. The country's GDP is expected to
touch QR200bn for the fourth quarter of the current fiscal year.
In the second and third quarters, it reached QR180bn and
QR185bn, respectively. Oil prices rose to $105 per barrel
against the budget assumption of $65 per barrel, which has led
to the significant surge in the surplus. The Ministry of Finance is
giving final touches to the 2014-15 budget. The ministry has
already received reports from various ministries and government
bodies regarding their projects for the new financial year.
(Peninsula Qatar)
 ZHCD’s BoD to meet on March 25 – Zad Holding Company
(ZHCD) has announced that its board will meet on March 25,
2014 to discuss the company’s financial results ending
December 31, 2013. (QE)
 MRDS’ BoD to meet on March 23 – Mazaya Qatar Real Estate
Development (MRDS) has announced that its board will meet on
March 23, 2014 to discuss the company’s financial statements
ending December 31, 2013. (QE)
 Trading suspension in IQCD’s shares on March 10 – The
Qatar Exchange (QE) has announced suspension in the trading
of Industries Qatar Company’s (IQCD) shares on March 10,
2014 due to the company’s AGM being held on that day. (QE)
 Barwa Bank names Subeai as acting CEO – Barwa Bank has
appointed Khalid Yousef al-Subeai as Acting Chief Executive
Officer. Khalid Al Subeai graduated from the University of
Arizona with a BA in Finance and has gone on to hold several
key positions within the finance sector in Qatar. Khalid has been
a Senior Financial Advisor at Qatar Petroleum (QP) for more
than six years. As part of the Project Finance team, he was
directly involved in the execution of over $15bn in landmark debt
capital market transactions for QP, its subsidiaries and the State
of Qatar. Subsequent to this, he moved on to hold the position of
Morgan Stanley Qatar Manager, where he was responsible for
Qatar Client Coverage. Khalid joined The First Investor (TFI) as
Deputy CEO in January 2013, and was then appointed acting
CEO of Barwa Bank Group in March 9, 2014. He brings with him
over nine years of Investment Banking experience with
knowledge of the local and international markets. (Barwa Bank,
Reuters)
 MRDS appoints KEMCO to manage Tala Residence –
Mazaya Qatar Real Estate Development (MRDS) has appointed
KEMCO Maintenance & Services to manage their first project,
Tala Residence. The 346-unit Tala Residence housing project
has been developed for the employees of the Qatar National
Convention Centre under a MoU signed between MRDS and
Qatar Foundation for Education, Science & Community
Development. (Peninsula Qatar)
International
 Collapse in exports, producer prices threaten China’s
growth target – The biggest drop in China’s exports since 2009
and a deepening factory-gate deflation highlight the challenges
faced by Chinese Premier Li Keqiang in achieving this year’s
economic growth target of 7.5%. Overseas shipments
unexpectedly declined 18.1% in February from a year earlier as
compared to analysts’ median estimate for a 7.5% increase.
Similarly, producer prices fell 2%, the most since July 2013,
extending the longest decline since 1999. Distortions from the
Page 2 of 5

3. Lunar New Year holiday and false invoices that inflated trade
numbers last year, along with a larger-than-projected increase in
imports, make it harder to assess the true picture of the global
and domestic demand for Chinese goods. Slowing consumerprice gains may give leaders more space to support growth as
they gauge the effects of the nation’s first onshore corporatebond default. (Bloomberg)
 BIS: Global debt exceeds $100tn as governments binge –
The Bank for International Settlements (BIS) stated that the
amount of debt globally has soared 40% to reach $100tn since
the financial crisis, as governments borrowed to pull their
economies out of recession and companies took advantage of
record low interest rates. According to data compiled by
Bloomberg, the $30tn increase in debt since mid-2007, is in
contrast with a $3.86tn decline in the value of equities to $53.8tn
in the same period. The jump in debt as measured by Swissbased BIS in its quarterly review is almost twice the US' GDP.
Borrowing has soared as central banks suppress benchmark
interest rates to spur growth after the US subprime mortgage
market collapsed and Lehman Brothers Holdings Inc.'s
bankruptcy caused the worst financial crisis since the Great
Depression. As per the Bank of America Merrill Lynch's Global
Broad Market Index, yields on all types of bonds, from
governments to corporate and mortgages, average about 2%,
down from more than 4.8% in 2007. (Bloomberg)
 BCC: UK economy to return to pre-recession peak soon –
According to the British Chambers of Commerce (BCC),
Britain's economy should exceed its pre-recession growth peak
in the next few months. BCC upgraded its forecasts for the fullyear GDP growth to reach 2.8% in 2014 and 2.5% in 2015, a
slight upgrade from its December forecasts. Unlike most its
developed economy peers, Britain's economy in 2013 was still
1.4% smaller than its pre-recession peak reached in early 2008.
The BCC said the economy will finally exceed that level in the
second quarter of this year. So far, the UK’s economic recovery
has been led by consumers and the housing market, and the
Bank of England has said business investment and exports
need to pick up for the recovery to be sustained. The BCC
expects 6.6% growth in business investment this year, followed
by 5.7% in 2015, but it warned that growth will remain below
pre-crisis levels for some time. (Reuters)
 Japan’s economy expands less than initially estimated in
4Q2013 – Japan’s economy expanded less than estimated in
4Q2013 and its current account deficit widened to a record high
in January, highlighting risks to Abenomics as a sales-tax
increase looms. The Cabinet Office said that GDP grew at an
annualized 0.7% over the previous quarter, less than a
preliminary estimate of 1%. The finance ministry said the current
account deficit widened to $15.4bn, the highest since 1985.
While growth is set to surge this quarter before the bump in the
sales tax next month, Prime Minister Shinzo Abe’s task is to
steer the nation through a projected contraction in April-June
2014. The prime minister is due to publish detailed growth
measures in June, while economists forecast the Bank of Japan
to add to the unprecedented easing to keep the Japan’s
economy on track for a 2% inflation target. According to recent
data, business investment rose 0.8% from the previous quarter,
while onsumer spending increased 0.4%. (Bloomberg)
Regional
 GCC insurance growth tops other economies, focus on
profit needed – According to insurance rating agency AM Best,
growth in the GCC insurance industry has outpaced that of other
developed and emerging economies, but insurers ought to focus
on profits than top line. Gross premiums written (GPW) in the
GCC had a CAGR of 21% during 2002-12, the same as Brazil
and China, while Russia was at 18% and India at 16%. AM Best
said a market growth of 21% enables companies to more easily
sustain the shocks associated with emerging markets. Growth in
the GCC will remain higher than in other developed markets but
lower than in the recent past, with a big portion of the premiums
still coming from motor and medical insurance. The rating
agency said that insurers will now have to focus on profitability
rather than top-line growth. (Gulf-Times.com)
 DHC signs SR5.8mn deal for constructional excavation in
west Riyadh – Dallah Healthcare Holding Company (DHC) has
signed an agreement worth SR5.8mn for the constructional
excavation in its location in west Riyadh. This constructional
excavation is considered to be the beginning of the construction
of a new hospital in West Riyadh at a total cost of SR508mn.
Started on March 6, 2014, the project is expected to be
completed in two months from the signing of the agreement. The
company expects that construction will be completed, and the
hospital to begin operation in 2Q2016,. (Tadawul)
 Almarai purchases farm land in Arizona for SR178.1mn –
Almarai Company has completed the purchase of farm land
spread over 9,834 acres in Vicksburg, in the US state of
Arizona, through its subsidiary Fondomonte, Arizona. The land
composes of 3,604 acres of freehold land, 3,080 acres of
agriculture lease-hold land and 3,150 acres of grazing leasehold land. The total consideration for this transaction amounts to
SR178.1mn, which will be financed from the company's own
resources. The resulting increase in property, plant and
equipment will be reflected in Almarai’s interim consolidated
financial statements for 1Q2014. (Tadawul)
 Citymax plans 100 stores in Kingdom by mid-2014 – Citymax
is increasing its investment in the Saudi Arabian market, with the
opening of four stores in the first three months of 2014. Aiming
to have over 100 stores in Saudi Arabia by mid-2014, Citymax’s
investment plans reflect the company's confidence in the Saudi
retail sector. The new Citymax stores will feature the refurbished
Citymax branding with an updated design and interior layout.
The new stores will be located at Qatif & Dammam Corniche,
Abqaiq Mall, Aswak Al Qariah in Dammam, and at Max Yanbu,
Sabt Al Alaya, Red Sea Mall in Jeddah. In addition to the four
brand new stores, three existing stores in Jeddah and Dammam
will be relaunched with the new layout. (GulfBase.com)
 Arabtec undertakes $40.23bn housing project in Egypt –
Arabtec Holding has been awarded a contract worth $40.23bn
by the Egyptian army to build 1mn houses across the country.
The project is seen as a major boost to the country of 85mn,
which has been struggling to attract tourists and foreign
investors, amid political turmoil, and saw its foreign reserves
drop to a critical low last year. The housing project to house
lower income individuals will cover 160mn square meters across
13 sites in Egypt. The company said it expects the project work
to start in 3Q2014 and be completed before 2020. (Reuters)
 RTA awards AED100mn contract for Al Barsha roads – The
Roads & Transport Authority (RTA) has awarded a contract
worth about AED100mn to construct internal roads at Al Barsha
South 1, and collector roads at Al Barsha South 2. The project is
part of Phase II of the Five-Year Plan (2012-2016) endorsed by
the Ruler of Dubai Sheikh Mohammed bin Rashid Al Maktoum,
for constructing internal roads at several residential districts in
Dubai. The RTA’s Chairman & Executive Director Mattar Al
Tayer explained that the Five-Year Plan for constructing internal
roads in residential communities in Dubai spans across 16
districts where urbanisation rate ranges from 20% to 80%.
(GulfBase.com)
Page 3 of 5

4.  Dubai’s trade growth moderates in 2013 – According to Dubai
customs data, Dubai’s non-oil trade expanded 7.6% in 2013,
slowing from 13% growth in 2012, but the Emirate’s trade with
Iran stabilized despite the US economic sanctions. Dubai’s nonoil foreign trade rose to AED1.329tn in 2013, while it exported
small amounts of oil and imported natural gas. Dubai’s non-oil
exports and re-exports climbed 4% to AED518bn, while imports
surged 10% to AED811bn. The Emirate saw its economy pick
up strongly last year as billions of dollars worth of new real
estate projects were announced following a lull after the 20082010 property market crash. Tourist numbers rose 10% to 11mn
people in 2013, while new trade licences recorded an increase
of 12%. The total value of real estate transactions jumped 53%
to AED236bn. (Gulf-Times.com)
 Strata increases production in 2013 – Strata Manufacturing, a
subsidiary of Mubadala, increased its production quantity in
2013, albeit without any profit. The aerospace parts
manufacturing company, based in Al Ain, delivered 301 ship
sets to aircraft manufacturers in 2013, a 62.7% rise over 185
ship sets delivered in 2012. The production increase follows last
month’s release of the 2013 financial results where the company
reported revenue of AED20mn as compared to AED110mn in
2012. Strata stated that it invested AED1.2bn in 2013, 28%
more than the previous year, but the increase in revenue and
investment does not correlate to a profit margin. The company's
Chief Executive Badr Al Olama said that Strata has targeted to
be profitable by 2016-2017. For 2014, Strata stated that it is
targeting a revenue “in excess” of AED300mn and is looking to
deliver more than 400 ship sets. (Gulfbase.com)
of deposit (CDs) with an allotted amount of OMR698mn for the
issue No 587. CBO stated that the average interest rate of these
certificates was 0.12%, while the maximum accepted interest
rate was 0.13%. The tenor of these certificates is 28 days and
their maturity date is on April 2. The repo rate during March 5-11
stood at 1%. (GulfBase.com)
 NCSI: Oman’s revenue drops 7.9% in January – According
the statistics released by the National Centre for Statistics &
Information (NCSI), the Omani government’s revenues fell by
7.9% at the end of January 2014 to OMR973.3mn against
OMR1,056.9mn recorded in January 2013. The statistics
attributed this to a 10.4% decline in Oman’s net oil revenues,
which stood at OMR829.5mn against OMR926.1mn. Gas
revenues rose by 14.1% to OMR105.5mn in January 2014
against OMR92.5mn in January 2013. Capital revenues
remained unchanged at OMR0.1mn. Similarly, other revenues
stood at OMR38.2mn during January 2014 as compared to
January 2013. (GulfBase.com)
 NBAD to boost lending in Latin America by 20% – The
National Bank of Abu Dhabi (NBAD) plans to expand corporate
loans in Latin America by about 20% in 2014. The bank’s Chief
Representative in Brazil Angela Martins said that NBAD will
boost lending and offer other types of financial products to Latin
American companies that do business in countries that are
considered a priority, including those in the Far East, and the
MENA region. Martins said loans linked to Latin America are
expected to cross $720mn by the end of 2014. NBAD’s business
includes hedging, providing exchange-rate transactions for
currencies with low trading volume and distributing Latin
American loans and bonds in the Middle East. (Bloomberg)
 Masirah Oil strikes oil at second well – Masirah Oil, an
associate of Malaysia-based Hibiscus Petroleum, said its
second exploration well has achieved a light oil flow rate of up to
3,000bpd in the Block 50 offshore concession area east of
Oman. Masirah Oil said that during a 48-hour test, hydrocarbons
flowed up to the surface and the well achieved oil flow with any
water production. The company said the test flow rates were
quite encouraging and that this was the first offshore oil
discovery in the east of Oman after more than 30 years of
exploration. (GulfBase.com)
 KOTC gets delivery of two new tankers – Kuwait Oil Tankers
Company (KOTC) has received the delivery of two new oil
tankers as part of its revamping plan for its current fleet. The
delivery of the new tankers “Fintas” and “Burgan” fulfills the
company's third phase toward having a new fleet of at least nine
new tankers. Al-Fintas is the first of five tankers delivered by the
South Korean company Daewoo Shipbuilding & Marine
Engineering. The new tanker has a capacity of 2.2mn barrels of
oil, whereas Burgan’s capacity is approximately 340,000 barrels.
With the addition of the two new tankers, KOTC’s total fleet size
stands at 23. (GulfBase.com)
 CBO declares result of OMR698mn CDs – The Central Bank
of Oman (CBO) has declared results of the tender for certificates
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
167.3
145.8
1.1%
0.8%
0.3%
0.4%
0.1%
132.7
0.0%
May-13
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%
1,339.98
0.0
0.0
11.1
20.91
0.0
0.0
7.4
109.00
0.0
0.0
(1.6)
4.77
0.0
0.0
9.9
109.00
0.0
0.0
(13.7)
128.63
0.0
0.0
(5.8)
Global Indices Performance
Close
1D%
WTD%
YTD%
16,452.72
0.0
0.0
(0.7)
S&P 500
1,878.04
0.0
0.0
1.6
NASDAQ 100
4,336.22
0.0
0.0
3.8
333.06
0.0
0.0
1.5
DAX
9,350.75
0.0
0.0
(2.1)
FTSE 100
6,712.67
0.0
0.0
(0.5)
DJ Industrial
STOXX 600
1.39
0.0
0.0
1.0
103.28
0.0
0.0
(1.9)
GBP
1.67
0.0
0.0
0.9
MSCI EM
CHF
1.14
0.0
0.0
1.7
SHANGHAI SE Composite
AUD
0.91
0.0
0.0
1.7
USD Index
79.72
0.0
0.0
RUB
36.45
0.0
0.0
BRL
0.43
0.0
0.0
1.0
Yen
Dubai
Oct-12
Abu Dhabi
QE Index
Mar-12
(0.3%)
(0.4%) (0.4%)
Oman
Aug-11
Kuwait
Jan-11
Qatar
(0.8%)
Bahrain
(0.2%)
(0.4%)
Saudi Arabia
Jun-10
1.2%
CAC 40
Nikkei
4,366.42
0.0
0.0
1.6
15,274.07
0.0
0.0
(6.2)
966.72
0.0
0.0
(3.6)
2,057.91
0.0
0.0
(2.7)
HANG SENG
22,660.49
0.0
0.0
(2.8)
(0.4)
BSE SENSEX
21,919.79
0.0
0.0
3.5
10.9
Bovespa
46,244.07
0.0
0.0
(10.2)
1,158.87
0.0
0.0
(19.7)
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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