The QE index in Qatar rose 0.9% led by gains in the banking and transportation sectors. QNB Group and Qatar German Co. for Med. Dev. were the top gainers, rising 3.0% and 1.4% respectively, while Qatar Cinema & Film Dist. Co. fell 3.3%. Trading volume rose 12.1% compared to the previous day. Regional indices were mixed with Dubai falling 2.3% and Saudi Arabia declining 0.2%, while Oman gained 0.1%.

1. Page 1 of 5
QE Intra-Day Movement
Qatar Commentary
The QE index rose 0.9% to close at 9,264.6. Gains were led by the Banking &
Financial Services and Transportation indices, gaining 1.8% and 0.8%
respectively. Top gainers were QNB Group and Qatar German Co. for Med.
Dev., rising 3.0% and 1.4% respectively. Among the top losers, Qatar Cinema
& Film Dist. Co. fell 3.3%, while Islamic Holding Group declined 2.6%.
GCC Commentary
Saudi Arabia: The TASI index declined 0.2% to close at 7,504.4. Losses were
led by the Insurance and Multi-Investment indices, declining 1.8% and 1.1%
respectively. Saudi Indian Co. for Cooperative Insurance fell 9.9%, while
Allianz Saudi Fransi Cooperative Insurance Co. was down 7.1%.
Dubai: The DFM index fell 2.3% to close at 2,214.2. The Services index
declined 5.0%, while the Investment & Financial Services index was down
4.2%. Ajman Bank and Ekttitab Holding fell 5.4% each.
Abu Dhabi: The ADX benchmark index declined 0.9% to close at 3,506.9. The
Real Estate index fell 3.5%, while the Industrial index was down 2.0%. Gulf
Cement Co. declined 9.9%, while Methaq Takaful Insurance Co. was down
7.7%.
Kuwait: The KSE index fell 0.3% to close at 7,899.8. Losses were led by the
Technology and Telecommunication indices, declining 2.4% and 1.7%
respectively. Real Estate Trade Centers Co. fell 7.4%, while Kuwait China
Investment Co. was down 5.5%.
Oman: The MSM index gained 0.1% to close at 6,322.1. The Banking &
Investment index rose 0.6%, while the Services & Insurance index was up
0.3%. Global Financial Investment and Oman & Emirates Inv. rose 5.8% each.
Qatar Exchange Top Gainers Close* 1D% Vol. ‘000 YTD%
QNB Group 156.00 3.0 466.2 19.2
Qatar German Co. for Med. Dev. 15.85 1.4 238.4 7.2
Qatar National Cement Co. 99.70 1.3 0.4 (6.8)
Masraf Al Rayan 27.70 1.3 1,038.5 11.7
Medicare Group 42.70 1.2 149.9 19.6
Qatar Exchange Top Vol. Trades Close* 1D% Vol. ‘000 YTD%
Masraf Al Rayan 27.70 1.3 1,038.5 11.7
United Development Co. 23.01 0.0 913.1 29.3
Qatar Gas Transport Co. 18.22 0.7 732.9 19.4
National Leasing 37.10 0.5 660.0 (17.9)
Barwa Real Estate Co. 26.95 0.4 521.6 (1.8)
Market Indicators 26 June 13 24 June 13 %Chg.
Value Traded (QR mn) 312.6 301.9 3.5
Exch. Market Cap. (QR mn) 510,159.3 505,871.0 0.8
Volume (mn) 7.0 6.2 12.1
Number of Transactions 3,735 3,989 (6.4)
Companies Traded 39 38 2.6
Market Breadth 25:8 11:23 –
Market Indices Close 1D% WTD% YTD% TTM P/E
Total Return 13,236.92 0.9 0.2 17.0 N/A
All Share Index 2,345.82 0.9 0.2 16.4 12.8
Banks 2,227.47 1.8 1.4 14.3 12.0
Industrials 3,109.59 0.0 (1.3) 18.4 11.6
Transportation 1,658.82 0.8 0.9 23.8 11.7
Real Estate 1,860.19 0.3 0.3 15.4 11.9
Insurance 2,243.58 (0.4) (1.2) 14.3 14.7
Telecoms 1,259.92 0.3 (1.5) 18.3 14.4
Consumer 5,485.11 0.4 0.1 17.4 22.4
Al Rayan Islamic Index 2,811.40 0.4 0.0 13.0 14.0
GCC Top Gainers##
Exchange Close#
1D% Vol. ‘000 YTD%
Investbank Abu Dhabi 2.54 10.4 330.3 56.8
SPIMACO Saudi Arabia 51.00 4.5 651.7 16.7
Al Ahli Bank of Kuwait Kuwait 0.49 4.3 23,169.6 (7.3)
Saudi Ceramic Saudi Arabia 111.25 3.2 534.4 50.8
Combined Cont. Co. Kuwait 1.28 3.2 12.5 (12.3)
GCC Top Losers##
Exchange Close#
1D% Vol. ‘000 YTD%
Albaraka Group Bahrain 0.71 (7.8) 11.3 (4.7)
Nat. Bank Of Bahrain Bahrain 0.60 (7.7) 1,818.1 24.5
Ajman Bank Dubai 2.10 (5.4) 443.0 47.9
Dubai Investments Dubai 1.32 (5.0) 19,121.0 54.9
Aldar Properties Abu Dhabi 2.08 (4.6) 79,883.1 63.8
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)
Qatar Exchange Top Losers Close* 1D% Vol. ‘000 YTD%
Qatar Cinema & Film Dist. Co. 55.00 (3.3) 0.9 (3.3)
Islamic Holding Group 41.95 (2.6) 50.1 10.4
Qatar General Ins. & Rein. Co. 47.70 (1.1) 0.4 3.7
Qatar Industrial Manufacturing Co. 52.10 (0.8) 10.5 (1.9)
Qatar Insurance Co. 61.00 (0.5) 96.7 13.1
Qatar Exchange Top Val. Trades Close* 1D% Val. ‘000 YTD%
QNB Group 156.00 3.0 72,136.4 19.2
Industries Qatar 159.10 (0.3) 34,143.9 12.8
Masraf Al Rayan 27.70 1.3 28,636.3 11.7
National Leasing 37.10 0.5 24,554.4 (17.9)
United Development Co. 23.01 0.0 21,117.8 29.3
Source: Bloomberg (* in QR)
Regional Indices Close 1D% WTD% MTD% YTD%
Exch. Val. Traded
($ mn)
Exchange Mkt.
Cap. ($ mn)
P/E** P/B**
Dividend
Yield
Qatar* 9,264.55 0.9 0.2 0.3 10.8 85.83 140,089.8 11.7 1.7 5.0
Dubai 2,214.21 (2.3) (6.2) (6.4) 36.5 99.70 58,105.5 14.2 0.9 3.8
Abu Dhabi 3,506.90 (0.9) (3.5) (1.6) 33.3 353.80 101,463.1 10.7 1.3 5.0
Saudi Arabia 7,504.38 (0.2) (0.3) 1.4 10.3 1,265.58 399,618.7 16.0 2.0 3.7
Kuwait 7,899.77 (0.3) (2.0) (4.8) 33.1 173.89 108,027.6 24.9 1.4 3.4
Oman 6,322.08 0.1 (1.1) (1.5) 9.7 12.28 22,111.9 10.8 1.7 4.4
Bahrain 1,188.21 (0.5) (1.1) (0.7) 11.5 6.05 21,144.6 8.7 0.8 4.1
Source: Bloomberg, Qatar Exchange, Tadawul, Muscat Securities Exchange, Dubai Financial Market and Zawya (** TTM; * Value traded ($ mn) do not include special trades, if any)
9,150
9,200
9,250
9,300
9:30 10:00 10:30 11:00 11:30 12:00 12:30 13:00

2. Page 2 of 5
Qatar Market Commentary
 The QE index rose 0.9% to close at 9,264.6. The Banking &
Financial Services and Transportation indices led the gains. The
index rose on the back of buying support from Qatari
shareholders despite selling pressure from non-Qatari
shareholders.
 QNB Group and Qatar German Co. for Med. Dev. were the top
gainers, rising 3.0% and 1.4% respectively. Among the top
losers, Qatar Cinema & Film Dist. Co. fell 3.3%, while Islamic
Holding Group declined 2.6%.
 Volume of shares traded on Wednesday rose by 12.1% to 7.0mn
from 6.2mn on Monday. However, as compared to the 30-day
moving average of 12.0mn, volume for the day was 41.5% lower.
Masraf Al Rayan and United Development Co. were the most
active stocks, contributing 14.8% and 13.0% to the total volume
respectively.
Source: Qatar Exchange (* as a % of traded value)
Ratings, Earnings and Global Economic Data
Ratings Updates
Company Agency Market Type* Old Rating New Rating Rating Change Outlook Outlook Change
Banque Saudi
Fransi (BSF)
CI
Saudi
Arabia
FSR/ LT FCR/ ST
FCR/ Support level
A/A+/A1/2 A/A+/A1/2 – Stable –
Ruwais Power
Company
(Shuweihat 2)
S&P
Abu
Dhabi
LT rating to ~$825mn
bonds maturing in 2036
– A-* – – –
Renaissance
Services
(Renaissance)
CI Oman
Renaissance
mandatory convertible
bonds
omBBB- omBBB- – Stable –
Bank Sohar Fitch Oman
LT IDR/ ST IDR/ VR/
SR/ SR floor
BBB+/F2/bb/2/
BBB+
BBB+/F2/bb/2
/ BBB+
– Stable –
Source: News reports (* LT – Long Term, ST – Short Term, FSR- Financial Strength Rating, FCR – Foreign Credit Rating, LCR – Local Currency Rating, ICR – Issuer Credit Rating) (*Preliminary Rating
Assigned)
Earnings Releases
Company Market Currency
Revenue
(mn) 1Q2013
% Change
YoY
Operating Profit
(mn) 1Q2013
% Change
YoY
Net Profit (mn)
1Q2013
% Change
YoY
Al-Baha Investment &
Development Co. (Al-Baha)
Saudi Arabia SR – – (69.9) N/A (69.9) N/A
Source: Company data, Tadawul
Global Economic Data
Date Market Source Indicator Period Actual Consensus Previous
06/26 US MBA MBA Mortgage Applications 21-June -3.00% – -3.30%
06/26 US BEA GDP QoQ (Annualized) 1Q2013 1.80% 2.40% 2.40%
06/26 US BEA Personal Consumption 1Q2013 2.60% 3.40% 3.40%
06/26 US BEA GDP Price Index 1Q2013 1.20% 1.10% 1.10%
06/26 France INSEE Gross Domestic Product (QoQ) 1Q2013 -0.20% -0.20% -0.20%
06/26 France INSEE GDP YoY 1Q2013 -0.40% -0.40% -0.30%
06/26 France French Labor Office Jobseekers- Net Change May – 26.0 39.8
06/26 Germany GfK GfK Consumer Confidence Survey July 6.8 6.5 6.5
06/26 Spain INE Mortgages-capital loaned (YoY) April -21.60% – -34.80%
06/26 Spain INE Mortgages on Houses (YoY) April -18.10% – -34.10%
Source: Bloomberg (s.a. = seasonally adjusted; n.s.a. = non-seasonally adjusted; w.d.a. = working day adjusted)
Overall Activity Buy %* Sell %* Net (QR)
Qatari 56.60% 53.98% 8,185,278.80
Non-Qatari 43.39% 46.01% (8,185,278.80)

3. Page 3 of 5
News
Qatar
 QCB to issue QR4bn T-bills on July 02 – Qatar Central Bank
(QCB) will issue treasury bills for a period of 91 days, 184 days,
273 days on July 02, 2013. The total amount of issuance is
QR4bn. (QCB)
 UDCD announces formation of a new executive committee –
The Board of Directors of United Development Company has
formed a new executive committee. The main function of the
committee is to assist the Chief Executive Officer in fulfilling his
duties. The powers of the Committee shall be defined via a
charter approved by the Board of Directors.(QE)
 Qatar’s petrochemical production reaches 16.8mn tons in
2012 – Petrochemicals production in Qatar touched 16.8mn tons
in 2012, making the country the second largest producer in the
GCC downstream sector, after Saudi Arabia. One of the key
projects that came on-stream last year was Qatar Petrochemical
Company’s (Qapco) new low density polyethylene (LDPE-3)
plant, which increased its polyolefin production capacity to
1.15mn tons per annum. This plant has the highest polyolefin
production capacity in a single location anywhere in the world.
Qapco also plans to expand the production capacity of its
ethylene plant, which will enable Qapco to produce up to 1mn
ton of ethylene every year. (Peninsula Qatar)
 QTEL gets regulatory approval for name change to Ooredoo
– Qatar Telecom (QTEL) has obtained legal and regulatory
approvals to change its name to Ooredoo. (Peninsula Qatar)
 Hassad Food to invest in Croatian farms – The Croatian
Chamber of Agriculture is in talks with Hassad Food Company
for seeking investments in cattle and corn farms in Croatia.
(Bloomberg)
 QIIK to disclose its 2Q2013 results on July 15 – Qatar
International Islamic Bank (QIIK) will announce its 2Q2013
financial results on July 15, 2013. (QE)
 IHGS to disclose its 2Q2013 results on July 15 – The Islamic
Holding Group (IHGS) will announce its 2Q2013 financial results
on July 15, 2013. (QE)
International
 Draghi: ECB is ready to act but governments must reform –
The European Central Bank (ECB) President Mario Draghi said
the bank is ready to take fresh action if needed, but its monetary
policy cannot create real economic growth, which can only
happen if governments support with reforms. He said the ECB
has done as much as it can to stabilize the financial markets and
support the EU economy, so it is now up to governments and
parliaments to do all they can to raise the growth potential.
Meanwhile, the ECB also said it expects the Eurozone’s
recovery to be gradual and fragile, pointing to continued
downside risks to growth. (Reuters)
 Ifo: German economy to grow 0.6% in 2013 – Germany's Ifo
Institute has trimmed its forecast for the country’s economic
growth in 2013 to 0.6% since the economy had a subdued first
quarter and only narrowly avoided a recession. In December, Ifo
had forecast a growth of 0.7% for 2013. However, the institute
remains more optimistic than the German government and the
Bundesbank, which expect growth of 0.5% and 0.3%
respectively. (Reuters)
 BoE warns of sharp global interest rate rise – The Bank of
England warned banks and borrowers in the UK about the risks
from a potential abrupt rise in global interest rates. The BoE said
banks might need to further bolster their capital buffers to
protect against this risk. The BoE said that it had ordered an
investigation into the vulnerability of Britain's financial institutions
and borrowers to higher interest rates. The investigation will file
its report to the BoE’s new risk watchdog, the Financial Policy
Committee by September. (Reuters)
 Fitch downgrades BRICs but forecasts a pickup in global
GDP fuelled by US and Eurozone – Ratings agency Fitch has
cut its growth outlook for all the four BRIC nations (Brazil,
Russia, India and China), stating that 2012-13 will have the
second weakest growth (after 2009). In its Global Economic
Outlook Report, Fitch said it expects the global economy to
strengthen gradually in 2H2013 as well as in 2014 and 2015, on
the back of pickup in the US and the Eurozone economies.
(Bloomberg)
Regional
 MEED: GCC construction, transport contracts cross $39bn
in 1H2013 – According to a report by MEED Projects, contracts
worth over $39bn have been awarded for in the construction and
transport projects in the GCC region during 1H2013. Qatar Rail
topped the list of awarding clients and ABV Rock was the
leading contractor in terms of contract value. (GulfBase.com)
 IRENA: Renewable energy investment in MENA rises 40%
YoY in 2012 – According to a report released by the
International Renewable Energy Agency (IRENA), renewable
energy (RE) investments in the MENA region grew by 40% YoY
to $2.9bn in 2012. The report said that more than 100 RE
projects, including solar, wind and biomass are currently under
development in the MENA region. These projects could increase
non-hydro RE generating capacity by 450% over the next few
years. The report also said that announcements by various
MENA region governments indicate that additional capacity of
107 Giga watts could be established by 2030, representing a 60-
fold growth in the installed capacity. (GulfBase.com)
 Saudi residential market posts robust growth in 1Q2013 –
According to a report released by the Jones Lang LaSalle (JLL),
the residential market witnessed a solid growth across Saudi
Arabia in 1Q2013 as demand for housing rose rapidly backed by
increased levels of credit, employment, assistance and
consumer confidence. The report said that residential prices
were on the rise in Riyadh and Jeddah. The report also said that
in Riyadh, the average rents and prices of both apartments and
villas witnessed a steady rise as supply continued to trail
demand. JLL said that land prices in peripheral areas continue
to increase, although it perceived a less speculative pressure
than last year. (GulfBase.com)
 Saudi Fund provides finance for Tanzanian water project –
The Saudi Fund for Development has agreed to provide $15mn
finance for a drinking-water supply project to towns in the Mara
region in Tanzania. (Bloomberg)
 Taiba signs SR250mn loan deal with Riyad Bank – A unit of
Taiba Holding has signed a 10-year financing agreement with
Riyad Bank, to build a five-star hotel in Al-Khobar. (Bloomberg)
 Zain Saudi extends SR9bn Murabaha facility until July 31 –
The Mobile Telecommunications Company (Zain Saudi) has
extended the maturity date of its SR9bn syndicated Murabaha
facility till July 31, 2013. Zain Saudi said the extension will allow
it to finalize a new long-term replacement agreement with its
lenders, which will be for a period of five years and will incur
lower costs. (Tadawul)

4. Page 4 of 5
 Maskan Arabia completes 30% construction in
BLOMINVEST – Maskan Arabia Real Estate Development
Company (Maskan Arabia) announced that it has completed
30% of the construction work in the BLOMINVEST- Maskan
Arabia Real Estate Development Fund project, being built north
of Riyadh. Maskan Arabia said it will deliver 92 residential units
to their owners by 1Q2014. (AME Info)
 UAE banks cash surges as deposits outpace lending –
According to the data released by the UAE’s Central Bank,
UAE’s banks are holding the most liquid assets in more than
three years as government deposits surge and companies
increasingly rely on the bond market for funding. The data
showed that the combined loans-to-deposits ratio of all the 51
UAE banks fell to 90.4% in April, the lowest since March 2010
when it was 105.7%. The data also showed that the increased
liquidity has helped reduce the three-month interest rate by 38
basis points, to go below the level of neighboring Saudi Arabia.
(Bloomberg)
 UAE offers $1.3bn grant to Morocco for sustainable
development – The Abu Dhabi Fund for Development (ADFD)
has signed a MoU with Morocco to provide a grant within the
framework of the UAE’s contribution to the GCC’s Gulf
Development Fund initiative. The UAE’s contribution in this
initiative amounts to $1.3bn, of the total grant value of $5bn to
support Morocco over the next five years. (GulfBase.com)
 Japan-Jafza trade up 28% in last four years – According to
sources, bilateral trade between Japan and Jebel Ali Free Zone
(Jafza) is estimated to have reached AED9.6bn in 2012, posting
a growth of around 28% in the last four years. (AME Info)
 DIA passenger traffic rises 18.9% YoY in May – According to
a report released by the Dubai Airports, the Dubai International
Airport (DIA) racked up another month of double-digit growth of
18.9% YoY, with 5.2mn passengers passing through it in May
2013. The report showed that the traffic was up 16.8% YTD to
27.1mn as compared to 23.2mn during the first five months of
2012. (AME Info)
 Nakheel in talks to refinance AED8bn loan – Dubai-based
property firm Nakheel is in talks with banks to refinance its loans
worth AED8bn that are due in 2015. (GulfBase.com)
 DP World launches new container terminal at Jebel Ali Port
– Dubai-based port operator DP World has opened a new
extension to Container Terminal 2 (T2) at its flagship, Jebel Ali
Port. This extension has added 1mn twenty-foot equivalent
container units (TEU), taking the capacity at Jebel Ali Port to
15mn TEU. (AME Info)
 Etisalat, Turkcell eye 35% stake in Tunisie Telecom – Abu
Dhabi-based Emirates Telecommunications Corporation
(Etisalat) and Turkey-based Turkcell have expressed interest in
buying Dubai Holding's 35% stake in Tunisie Telecom. (Reuters)
 Air Arabia mulls fleet expansion to cater budget travel
market – Air Arabia CEO Adel Abdullah Ali said the airline is
studying the purchase of additional narrow-body aircraft as it
seeks a larger slice in the Middle East budget travel market. He
added that the airline is looking at Airbus A320neo, Boeing 737
Max as well as Bombardier’s C-Series. However, he said that a
decision is unlikely to come before 2014 and the airline has no
plans for an announcement in time for the Dubai Air Show in
November 2013. (Bloomberg)
 TAQA arranges investor meet for Shuwaihat 2 bond issue –
The Abu Dhabi National Energy Company (TAQA) has
announced that it is leading a consortium which will conduct a
series of investor meetings with fixed income investors in the
Middle East, Asia, London and the US. TAQA said that these
meetings could lead to a potential $825mn project bond
refinancing for Shuwaihat 2 independent power & water project,
subject to market conditions. (ADX)
 AMAF reports AED2.5mn net profit in 1Q2013 – Awqaf &
Minors Affairs Foundation (AMAF) has reported a net profit of
AED2.5mn in 1Q2013. (AME Info)
 Al-Riyada F&I exits its KD30mn investment from Al-Liwan
Mall – Al-Riyada Finance & Investment Company (Al-Riyada
F&I) has exited from its investment of around KD30mn (22% of
invested capital) in Al-Liwan Mall located in Eqaila area of
Kuwait. Al-Riyada F&I’s Chairman Muhanad Al-Sane said profits
realized from this exit will be visible in the 2013 financial results.
(GulfBase.com)
 ASAR advises on URC’s KD60mn bond issuance – Al
Ruwayeh & Partners (ASAR) has advised the joint lead
managers on the placement of a KD60mn bond issue by the
United Real Estate Company (URC). (AME Info)
 Oman to sign open skies accord with US; Muscat Airport
capacity to reach 12mn passengers in 2014 – The Oman
Public Authority for Civil Aviation’s CEO Salim Al Aufi said the
country is set to sign an open skies accord with the US in the
next few weeks and has also sought similar agreements with
Canada, South Africa, Japan and China. He said that the
aviation market in Oman is expanding and Oman is spending
$7.5bn to expand Muscat and Salalah international airports, as
well as Sohar, Ras al-Hadd and Duqm domestic airports. He
added that the Muscat international airport’s capacity will
increase from 7.5mn passengers currently to 12mn passengers
in 2014. (Bloomberg)
 Oman’s first corporate sukuk gets regulatory approval –
According to sources, Oman’s first corporate sukuk has received
regulatory approval and the five-year, OMR50mn private
placement aims to close next month. Issued by Tilal
Development Company, the proceeds of this sukuk will be used
to repay its existing debt and expand the Muscat Grand Mall.
(GulfBase.com)
 Moody’s reviews 4 Bahraini banks for downgrade – Moody's
Investors Service has placed four Bahraini banks National Bank
of Bahrain (NBB), BBK, BMI Bank (BMI) and Bahrain Islamic
Bank (BIsB) on review for downgrade the deposit, issuer and
senior debt ratings. As part of the same rating action, Moody's
has also placed on review for downgrade the standalone bank
financial strength rating of BIsB. Moody's decision to place the
deposit, issuer and senior debt ratings of the four banks on
review for downgrade follows the potential weakening in the
sovereign's capacity to provide support to the banks, as
signaled by Moody's decision to place the Baa1 Bahraini
government bond rating on review for possible downgrade.
(Bloomberg)

5. Contacts
Ahmed M. Shehada Keith Whitney Saugata Sarkar Sahbi Kasraoui
Head of Trading Head of Sales Head of Research Manager - HNWI
Tel: (+974) 4476 6535 Tel: (+974) 4476 6533 Tel: (+974) 4476 6534 Tel: (+974) 4476 6544
ahmed.shehada@qnbfs.com.qa keith.whitney@qnbfs.com.qa saugata.sarkar@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
investors to seek independent professional advice before making any investment decision. Although the information in this report has been obtained from sources that QNBFS believes to be
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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COPYRIGHT: No part of this document may be reproduced without the explicit written permission of QNBFS.
Page 5 of 5
Rebased Performance Daily Index Performance
Source: Bloomberg Source: Bloomberg
Source: Bloomberg Source: Bloomberg
80.0
90.0
100.0
110.0
120.0
130.0
140.0
Jan-10 Jul-10 Jan-11 Jul-11 Jan-12 Jul-12 Jan-13
QE Index S&P Pan Arab S&P GCC
(0.2%)
0.9%
(0.3%) (0.5%)
0.1%
(0.9%)
(2.3%)(2.9%)
(1.9%)
(1.0%)
0.0%
1.0%
1.9%
SaudiArabia
Qatar
Kuwait
Bahrain
Oman
AbuDhabi
Dubai
Asset/Currency Performance Close ($) 1D% WTD% YTD% Global Indices Performance Close 1D% WTD% YTD%
Gold/Ounce 1,226.65 (4.0) (5.4) (26.8) DJ Industrial 14,910.14 1.0 0.7 13.8
Silver/Ounce 18.54 (5.6) (7.9) (38.9) S&P 500 1,603.26 1.0 0.7 12.4
Crude Oil (Brent)/Barrel 101.92 0.7 0.5 (9.7) NASDAQ 100 3,376.22 0.8 0.6 11.8
Natural Gas (Henry
Hub)/MMBtu
3.72 (1.3) (3.3) 9.6 DAX 7,940.99 1.7 1.9 4.3
LPG Propane (Arab Gulf)/Ton 794.00 0.0 0.5 (18.0) FTSE 100 6,165.48 1.0 0.8 4.5
LPG Butane (Arab Gulf)/Ton 784.00 0.0 0.5 (19.1) CAC 40 3,726.04 2.1 1.9 2.3
Euro 1.30 (0.5) (0.8) (1.4) Nikkei 12,834.01 (1.0) (3.0) 23.5
Yen 97.72 (0.1) (0.2) 12.6 SHANGHAI SE Composite 1,951.50 (0.4) (5.9) (14.0)
GBP 1.53 (0.7) (0.7) (5.8) HANG SENG 20,338.55 2.4 0.4 (10.2)
CHF 1.06 (0.5) (0.9) (2.9) MSCI EM 901.98 1.8 0.2 (14.5)
AUD 0.93 0.2 0.6 (10.7) STOXX 600 284.54 1.7 1.5 1.7
USD Index 82.98 0.5 0.8 4.0 BSE SENSEX 18,552.12 (0.4) (1.2) (4.5)
RUB 32.95 0.3 0.4 8.0 Bovespa 47,171.98 0.6 0.2 (22.6)
BRL 0.46 1.2 2.6 (6.3) RTS 1,261.13 1.4 1.2 (17.4)
133.1
117.7
107.1