Jun 14, 2017 - Attention is drawn to the disclaimer and other information in the end. Market Commentary: Index. Bahrain
Bahrain Market Daily
Bahrain Market Today 14 June , 2017 Market Commentary:
Index
BHB ended flat with Alba (+0.9%) and AUB (-0.7%). BBK gained 1% and Inovest rose 3%. Gulf Hotel gained 3.9%, while Nass decreased 2.9%. KHCB fell 3.2%. ABC closed flat as the most traded stock with 2.6mn traded shares.
Bahrain All Share Index
1,327
% chg over last traded day
-0.03%
YTD%
8.73%
YOY%
18.14%
52 Week high
1,389
52 Week low
1,108
Market Turnover
Volume (Mn)
Volume Avg 6M (Mn)
Volume (mn shrs)
4.1
Vol. 5D Avg (mn shrs)
1.6
Value ($ mn)
1.9
Value 5D Avg ($mn)
1.1
Volume Leaders
7
Active Issues
Script
L Price
(BD /$) Traded(m n) 2.6 Advances 0.300
6
Shares
5
ABC $
4
Alba
0.444
0.6 Decline
3
AUB $
0.700
0.3
8 3
2 1
Top Gainers
Top Losers
14-Jun
13-Jun
12-Jun
11-Jun
10-Jun
9-Jun
8-Jun
7-Jun
6-Jun
5-Jun
4-Jun
3-Jun
2-Jun
1-Jun
Turnover USD (K)
Chg.
Volum e
Script
(%)
('000)
Gulf Hotel
3.85
Inovest $
3.03
50 Nass
-2.86
65
BBK
1.03
13 AUB $
-0.71
300
Alba
0.91
5 KHCB
Chg.
Volum e
(%)
('000)
-3.19
173
610
Regional Markets 1,370
Country
Index
Index
1,320 1,270 1,220
1,170
14-Jun
13-Jun
12-Jun
11-Jun
9-Jun
10-Jun
8-Jun
7-Jun
6-Jun
5-Jun
4-Jun
3-Jun
2-Jun
1,120
D ay Chg. YTD Chg.
Value
(%)
(%)
Oman
MSM
5,300.71
(0.24)
(8.34)
Abu Dhabi
ADX
4,535.57
(0.04)
(0.24)
Dubai
DFM
3,450.78
0.26
(2.27)
Saudi Arabia
TASI
6,853.54
0.48
(4.95)
Qatar
DSM
9,189.98
1.04
(11.95)
Kuwait
KSE
6,779.44
0.04
17.94
Egypt
EGX30
13,502.12
(0.22)
9.37
Source: Bloomberg
"BAHRAIN Index (Intraday)"
BHSE Index
1328
1,600
1327.5
1,500
1327
1,400
1326.5
1,300
1326
1,200
1325.5
1,100
1325
1,000
900
1324.5
Dec-16
Jun-16
Dec-15
Jun-15
Dec-14
Jun-14
Dec-13
Jun-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
Dec-12
1324 1323.5
Jun-12
800
9:20
SICO Research
Script
Index [RHS]
5,000 4,500 4,000 3,500 3,000 2,500 2,000 1,500 1,000 500 -
1-Jun
Market statistics
31-May
-
© 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 Q1-17
Div
Div Pay out
(%)*
(%)*
Chg
High
L ow
Cap
ROE
P/ BV
P/ E
(BD/ $)
(%)
(BD/ $)
(BD/ $)
(BD mn)
(%)
(x )
(x )
Ahli United Bank ($)
0.700
20.3
0.791
0.568
2,177
16.4
1.6
10.1
3%
9%
5.4
59.0
BBK
0.394
-1.5
0.400
0.326
426
16.0
1.1
7.6
3%
6%
7.6
61.0
National Bank of Bahrain
0.670
2.4
0.700
0.545
777
14.9
2.1
13.3
-17%
5%
3.7
52.5
Ithmaar Bank ($)
0.145
16.0
0.255
0.095
166
0.6
1.0
NM
-53%
NM
NA
NA
Khaleeji Comm Bank
0.091
26.4
0.130
0.055
96
3.5
0.8
18.0
-47%
-24%
NA
NA
Bahrain Islamic Bank
0.140
13.8
0.150
0.082
142
7.5
1.1
16.8
-66%
-25%
3.6
45.1
Salam Bank
0.095
-19.5
0.130
0.084
(%)
F Y 16
Y ield
6 /1 4 /2 0 1 7
%
Commercial banks
S ector total
203
5.1
0.6
12.5
-6%
31%
5.3
86.7
3, 986. 2
7. 5
1. 1
12. 9
-3%
15%
5. 3
59. 0
Inv es tments Arab Banking Corp. ($)
0.300
-18.9
0.395
0.280
352
5.0
0.2
5.1
22%
2%
10.0
51.8
Investcorp Bank ($) *
8.650
6.8
8.650
6.500
261
9.1
0.9
7.7
NM
37%
2.6
26.9
AlBaraka Bank Grp ($)
0.415
-11.1
0.490
0.352
189
1.7
0.4
3.3
-10%
-7%
2.3
7.0
Esterad
0.114
-32.5
0.187
0.114
16
2.2
0.5
20.3
59%
-30%
4.4
61.8
Bahrain Comm. Facilities Co.
0.730
9.0
0.735
0.645
119
17.6
1.0
6.0
5%
14%
6.8
46.3
United Gulf Industries Corp.
0.100
NA
NA
NA
20
3.3
0.7
21.9
25%
NM
NA
NA
United Gulf Bank
0.390
NA
0.390
0.300
325
2.0
0.8
137.9
54%
-44%
NA
NA
Gulf Finance House ($)
0.645
39.1
0.750
0.200
604
30.8
1.8
7.4
426%
NM
3.7
NA
Inovest ($)
0.340
61.9
0.340
0.180
37
12.4
0.8
9.6
155%
NM
8.2
NA
1922. 4
5. 0
0. 8
7. 7
13%
444%
4. 4
46. 3
S ector total Ins urance Takaful International Co.
0.100
NA
NA
NA
6
6.6
1.0
15.8
NM
0%
NA
NA
Bahrain National Holding Co.
0.430
2.4
0.430
0.344
49
9.8
1.0
12.6
40%
-4%
4.7
56.1
Bahrain Kuwait Insurance Co.
0.540
NA
0.550
0.496
39
7.4
1.2
13.5
-48%
6%
5.6
79.2
Al Ahlia Insurance Co.
0.256
NA
16
-1.1
1.2
498.2
-42%
NM
NA
NA
Arab Insurance Group ($)
0.470
38.2
39
3.6
0.4
11.3
-37%
NM
NA
NA
148. 5
6. 6
1. 0
13. 5
-7%
186%
5. 1
67. 7
10
6.2
0.8
22.7
NM
-6%
3.5
74.6
29
10.1
1.2
15.1
92%
22%
3.1
57.4
0.475
0.260
S ector total S erv ices Bahrain Car Park
0.141
-5.4
Bahrain Ship Repair & Eng.
1.600
NA
0.145
0.140
Batelco
0.258
-9.8
0.310
0.258
429
7.3
0.9
11.4
-14%
-24%
9.7
84.0
Zain
0.096
NA
0.118
0.090
35
6.1
0.6
8.3
-45%
-17%
5.2
35.7
Trafco
0.264
11.9
0.266
0.228
21
7.7
0.9
12.3
12%
1%
6.4
79.8
Bahrain Cinema Co.
1.300
0.8
1.400
1.100
86
14.9
2.0
17.6
257%
-23%
3.7
50.2
BMMI
0.800
-3.6
0.910
0.780
117
14.8
1.9
12.4
-21%
-7%
6.3
72.6
Bah Duty Free Shop Complex
0.755
5.1
0.780
0.664
107
18.3
2.2
12.9
22%
-7%
6.0
72.2
Nass Corp.
0.136
13.3
0.149
0.095
30
2.4
0.5
9.8
-98%
14%
3.6
40.3
Seef Properties
0.242
12.0
0.250
0.187
111
8.3
0.8
10.2
6%
11%
5.8
65.5
976. 2
8. 0
0. 9
12. 3
-8%
-14%
5. 5
68. 9
S ector total Indus tries Aluminium Bahrain
0.444
38.8
0.444
0.260
630
7.2
0.6
13.0
506%
-19%
NA
NA
Delmon Poultry Co.
0.320
NA
0.330
0.320
10
-4.5
0.8
NM
NM
NM
3.1
58.7
640. 5
1. 4
0. 7
13. 0
570%
-22%
3. 1
58. 7
S ector total Hotel & touris m National Hotels Co.
0.280
NA
NA
NA
31
3.7
0.4
8.8
-36%
-7%
4.2
34.7
Gulf Hotel Group
0.540
-7.2
0.605
0.510
122
12.3
1.2
12.2
21%
9%
4.2
55.8
Banader Hotels Co.
0.065
-8.451
0.071
0.060
15
-31.6
1.1
NA
NM
NM
NA
NA
174. 5
3. 7
1. 1
10. 5
9%
-29%
4. 2
45. 3
7848. 3
7. 0
0. 9
12. 2
19%
22%
4. 5
55. 5
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 2016 growth is total income of the companies in the sector divided by their total aggregate profit. Sector/Market total is based on median calculation for ROE, P/BV, P/E, Div Yield and Div Payout 2016 PE for companies not under coverage/not yet reported FY16 numbers 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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