while AUB was up 0.7%. BISB gained 1.4%, as the bank reported BHD 4.1mn in 4Q16 net profits, up 57%. YoY. The top traded
13 February, 2017 Market Commentary:
Index
Bahrain All Share Index
BHB closed in red (-0.1%) due to 4.2% decline in Al Salam Bank and 1.8% decrease in Seef. BNH plunged 10% and KHCB dropped 6.3%. Nass was down 0.7%, while AUB was up 0.7%. BISB gained 1.4%, as the bank reported BHD 4.1mn in 4Q16 net profits, up 57% YoY. The top traded stock today was KHCB with 555k traded shares.
Volume (Mn)
Volume Avg 6M (Mn)
-0.11%
YTD%
7.16%
YOY%
12.12%
52 Week high
1,315
52 Week low
1,089
Market Turnover
Volume (mn shrs)
2.3
Vol. 5D Avg (mn shrs)
3.9
Value ($ mn)
1.0
Value 5D Avg ($mn)
2.2
Volume Leaders
Script
6
Active Issues
L Price
4 3 2 1
KHCB
0.256
0.6 Advances
7
AUB $
0.72
0.5 Decline
5
Al-Salam
0.113
0.4 Unchanged
0
Top Gainers
Top Losers
Turnover USDmn
13-Feb
12-Feb
11-Feb
10-Feb
9-Feb
8-Feb
7-Feb
6-Feb
5-Feb
4-Feb
3-Feb
2-Feb
1-Feb
31-Jan
30-Jan
-
Chg.
Volum e
Script
(%)
('000)
BISB
1.45
200.0 BNH
-10.00
68
AUB $
0.70
514.5 KHCB
-6.32
554.6
Al-Salam
-4.24
420.0
Seef
-1.83
49.0
Script
Chg.
Volum e
(%)
('000)
Index [RHS] Regional Markets
4,500 4,000 3,500 3,000 2,500 2,000 1,500 1,000 500 -
1,370
Country
Index
Index
1,320 1,270 1,220
1,170
13-Feb
12-Feb
11-Feb
10-Feb
9-Feb
8-Feb
7-Feb
6-Feb
5-Feb
4-Feb
3-Feb
2-Feb
1-Feb
31-Jan
1,120
D ay Chg. YTD Chg.
Value
(%)
(%)
Oman
MSM
5,815.36
(0.06)
0.56
Abu Dhabi
ADX
4,563.98
(0.14)
0.39
Dubai
DFM
3,637.55
(1.75)
3.02
Saudi Arabia
TASI
7,059.55
0.54
(2.09)
Qatar
DSM
10,670.51
0.07
2.24
Kuwait
KSE
6,656.85
0.29
15.81
Egypt
EGX30
12,740.05
(1.41)
3.20
Source: Bloomberg
"BAHRAIN Index (Intraday)"
BHSE Index
1314
1,600
1313
1,500
1312
1,400
1311
1,300
1310
1,200
1309
1,100
1308
1,000
900
1307
Aug-16
Feb-16
Aug-15
Feb-15
Aug-13
Feb-13
12:35
12:20
12:05
11:50
11:35
11:20
11:05
10:50
10:35
10:20
10:05
9:50
9:35
1305
Aug-12
1306
Feb-12
800
9:20
SICO Research
Shares
(BD /$) Traded(m n)
5
Market statistics
1,308
% chg over last traded day
Aug-14
Feb-14
Bahrain Market Daily
Bahrain Market Today
© SICO 2017 All Rights Reserved Contact: +973 17515000 Attention is drawn to the disclaimer and other information in the end (c) e-mail :
[email protected] website : www.sicobahrain.com
Securities & Investment Company BSC BMB Center, First Floor P.O Box 1331 Manama Bahrain
SICO RESEARCH
Bahrain Market Daily
BAHRAIN STOCK MARKET STATISTICS Price
Y TD
--52 Week--
Market
Current
2016
Net Inc Growth Q3-16
Div
Div Pay out
(%)*
(%)*
Chg
High
L ow
Cap
ROE
P/ BV
P/ E
(BD/ $)
(%)
(BD/ $)
(BD/ $)
(BD mn)
(%)
(x )
(x )
Ahli United Bank ($)
0.720
12.5
0.755
0.600
1,850
15.3
1.4
8.5
0%
9%
6.0
56.0
BBK
0.390
-2.5
0.400
0.310
422
15.6
1.1
7.9
10%
6%
6.3
50.0
National Bank of Bahrain
0.760
5.6
0.760
0.575
801
14.9
1.9
13.2
6%
3%
3.3
47.7
Ithmaar Bank ($)
0.185
48.0
0.255
0.095
211
-12.5
1.3
NM
NM
NM
NA
NA
Khaleeji Comm Bank
0.089
23.6
0.130
0.055
93
4.8
0.8
15.3
-81%
127%
NA
NA
Bahrain Islamic Bank
0.140
13.8
0.140
0.082
142
1.1
0.2
26.8
221%
21%
NA
NA
Salam Bank
0.113
-4.2
0.130
0.084
242
3.6
0.8
14.0
-11%
-21%
4.4
86.7
3, 761. 9
9. 3
1. 1
12. 0
1%
2%
4. 6
55. 6
(%)
F Y 15
Y ield
2 /1 3 /2 0 1 7
%
Commercial banks
S ector total Inv es tments Arab Banking Corp. ($)
0.390
5.4
0.435
0.310
457
4.8
0.3
6.7
2%
-30%
NA
NA
Investcorp Bank ($) *
8.150
0.6
8.300
6.000
246
9.1
0.8
7.0
NM
-44%
1.6
15.8
AlBaraka Bank Grp ($)
0.500
2.0
0.553
0.370
217
1.8
0.4
3.7
-4%
7%
5.7
20.2
Esterad
0.149
-11.8
0.190
0.140
21
2.2
0.6
18.4
58%
-46%
6.7
123.2
Bahrain Comm. Facilities Co.
0.670
0.0
0.755
0.645
109
17.0
0.9
5.6
15%
20%
6.6
41.7
United Gulf Industries Corp.
0.100
NA
NA
NA
20
-8.7
0.7
NM
NM
NM
NA
NA
United Gulf Bank
0.362
3.4
0.388
0.300
302
2.8
0.8
68.0
482%
-86%
NA
NA
Gulf Finance House ($)
0.760
49.0
0.785
0.150
647
12.2
0.9
NM
NM
NM
NA
NA
Inovest ($)
0.275
31.0
0.280
0.160
30
8.5
0.6
6.6
NM
NM
NA
NA
2048. 4
4. 7
0. 6
13. 4
12%
117%
1. 2
16. 4
S ector total Ins urance Takaful International Co.
0.100
NA
NA
NA
6
-10.7
1.0
20.8
NM
NM
NA
NA
Bahrain National Holding Co.
0.378
-10.0
0.420
0.358
43
8.2
0.9
10.1
-3%
12%
5.0
53.0
Bahrain Kuwait Insurance Co.
0.600
NA
NA
NA
43
9.3
1.3
15.8
NM
-36%
5.0
79.2
Al Ahlia Insurance Co.
0.256
NA
0.288
0.242
16
3.6
1.1
45.3
NM
NM
15.6
NA
Arab Insurance Group ($)
0.370
8.8
0.380
0.260
31
-0.9
0.3
17.0
NM
NM
NA
NA
138. 6
3. 5
0. 7
20. 5
NM
-75%
4. 9
100. 1
S ector total S erv ices Bahrain Car Park
0.149
NA
10
1.8
0.8
41.9
NM
-49%
3.3
74.6
Bahrain Ship Repair & Eng.
1.600
NA
1.700
1.600
29
7.4
1.2
17.5
0%
15%
3.1
57.4
Batelco
0.280
-2.1
0.312
0.274
466
8.0
0.9
10.8
-27%
0%
8.9
84.0
Zain
0.095
-5.0
0.170
0.095
35
6.6
0.5
8.5
-10%
24%
5.3
35.7
Trafco
0.234
-0.8
0.240
0.216
19
6.8
0.8
10.5
17%
8%
6.5
71.9
Bahrain Cinema Co.
1.290
0.0
1.300
1.000
85
13.0
1.9
12.9
93%
-17%
3.7
50.7
BMMI
0.835
0.6
0.910
0.800
122
15.7
1.9
14.7
33%
-10%
5.7
68.8
Bah Duty Free Shop Complex
0.800
1.3
0.830
0.730
103
15.4
2.2
11.6
6%
5%
5.7
65.7
Nass Corp.
0.146
21.7
0.149
0.088
32
9.3
0.5
6.4
90%
-35%
3.3
40.3
Seef Properties
0.214
-0.9
0.224
0.178
98
7.5
0.7
10.2
6%
-9%
5.6
56.1
1000. 4
9. 7
1. 0
10. 4
-3. 6%
-3. 4%
6. 9
71. 2 26.1
S ector total Indus tries Aluminium Bahrain
0.276
-13.8
0.354
0.260
392
5.0
0.4
8.6
65%
-38%
4.0
Delmon Poultry Co.
0.320
0.000
0.330
0.320
10
-9.5
0.7
NM
NM
-35%
4.6
88.1
401. 9
6. 3
0. 4
6. 6
58%
-38%
4. 0
26. 6
S ector total Hotel & touris m National Hotels Co.
0.280
NA
NA
NA
31
4.1
0.4
8.2
-11%
23%
4.2
34.7
Gulf Hotel Group
0.630
-1.6
0.705
0.600
129
16.1
1.3
14.1
63%
-18%
4.0
56.6
Banader Hotels Co.
0.070
-1.408
0.071
0.066
16
-30.1
1.1
NA
NM
NM
NA
NA
183. 1
6. 7
1. 0
15. 5
8%
-17%
3. 6
55. 2
7534. 3
7. 2
0. 8
11. 8
8%
-25%
3. 9
46. 3
S ector total Market total Source: Bloomberg, SICO Research
Endnotes : ROE and P/BV are extracted from Bloomberg. Actual reported results may vary due to adjustments made by us *Dividend yields and payout are for year 2015 Companies that are very infrequently traded are excluded above. *Sector/ Market total for 2015 growth is total income of the companies in the sector divided by their total aggregate profit. 2016 PE for companies not under coverage are based on 9M performance This report has been prepared by Securities & Investment Company for information purposes only and is not an offer, solicitation or recommendation to buy or sell securities mentioned herein. The information contained herein has been compiled from sources believed to be reliable but cannot be guaranteed as to its accuracy or completeness. All opinions and estimates expressed in this report constitute our present judgement and are subject to change without notice.
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