6 days ago - Dar Al-Arkan Sukuk Co 6.88%. 500. 96.38. 0.00. -2.03 -2.21. 7.17. 3.2. SAIBOR Yield Curve. 5-Year CDS (USD)
Report Date: July 01, 2018 Trading Date: June 28, 2018 Key Highlights: •
Tadawul All Share Index ended flat at 8314 on June 28, 2018
•
Among the Tadawul sector indices, Real Estate Index was the best performer, up 2.1%. Insurance index fell the most, by 1.1%
•
Among stocks, Saudi Industrial Export Co. reported the most gain, up 9.9%. Top five losers were all insurance companies, with Al Ahlia falling the most, by 4.2%
•
NOMU Parallel Market Index declined 1.7% to close at 3016 during the last trading session
Daily Notes - Saudi Arabia July 01, 2018 Most Active (Value)
ASSET CLASS: EQUITY Indices Index
Most Active Value M.Ca Last p $ Bn Close
% Chg
MTD (%)
YTD (%)
2017 (%)
Value Traded % Chg (SAR Mn) in Price 622.5 -0.4
12.0
P/E (TTM) 14.7
P/B (TTM) 1.6
% YTD
D/Y (%)
P/E P/B (TTM) (TTM)
D/Y (%)
Alinma Bank Saudi Basic Indust Corp
545.5
-0.8
23.8
20.2
2.2
3.5 4.8
3.7
Tadawul All Share
533
8314
0.0
1.9
15.1
0.2
17.1
1.9
3.2
Dar Al Arkan Real Estate
447.0
0.4
-26.8
13.0
0.6
S&P Saudi Sharia Index
338
1069
-0.3
0.3
14.7
0.4
18.2
2.0
3.4
Al Rajhi Banking & Invest
228.0
-0.6
33.5
15.1
2.8
4.6
NOMU Index
0.6
3016
-1.7
-2.0
-3.9
-47.7
19.5
3.0
4.3
Saudi Kayan Petchem
162.0
1.8
47.8
27.4
1.6
NA
13286 1047
-0.5
-6.6
-9.6
34.9
12.7
1.5
2.7
Market Breadth
M.Ca Last p $ Bn (SAR) 101.0 126.2
% Chg -0.8
MTD (%) -3.2
YTD (%) 23.8
P/E (TTM) 20.2
P/B (TTM) 2.2
D/Y (%) 3.5
NOMU (Top 5)
MSCI EM Index
Tadawul (Top 10) Companies Saudi Basic Indust Corp
Index Tadawul All Share Index
Al Aseel
Last (SAR) 61.2
% Chge -1.3
MTD (%) -2.1
Raydan
87.0
14.5
-2.0
-6.5
Baazeem
72.1
26.7
-6.3
Abo Moati
48.6
11.4
Arab Sea
29.5
11.1
47.8
89.7
0.5
1.2
30.8
17.6
2.8
4.5
Companies
National Comm Bank
38.9
48.6
-1.3
3.4
-11.7
14.3
2.3
2.3
Al Rajhi Banking & Invest
37.4
86.3
-0.6
0.9
33.5
15.1
2.8
4.6
Saudi Electricity
23.1
20.8
-1.0
-3.2
-1.0
114.4
1.2
3.3
Saudi Arabian Mining
17.8
57.2
-1.4
-3.2
10.2
62.0
2.5
0.0
Samba Financial Group
17.3
32.5
1.1
12.1
38.3
12.8
1.5
4.7
Almarai
16.1
60.4
0.2
14.0
12.4
28.5
4.0
1.2
Riyad Bank
13.0
16.3
0.1
9.9
30.1
12.1
1.3
4.5
Saudi British Bank
12.6
31.6
-0.8
4.8
16.9
11.9
1.5
4.5
Index
M.Ca Last p $ Bn Close
MTD (%)
YTD (%)
2017 (%)
P/E P/B (TTM) (TTM)
D/Y (%)
Real Estate
23.5
3725
2.1
2.0
-20.7
-6.4
27.9
1.4
2.1
Energy Industry
10.4
5157
0.7
7.2
20.5
-14.0
17.4
1.6
3.4
Retailing
7.6
6354
0.3
-0.1
12.8
14.7
18.3
4.7
4.0
Food retail
2.2
6427
0.3
1.2
14.6
11.0
22.0
3.5
3.6
Capital Goods
2.5
4164
0.2
1.6
-4.1
-13.0
16.8
1.2
2.5
Telecommunication
52.8
5419
0.1
0.4
27.4
-15.0
17.6
2.0
3.3
Health Care
M.Cap $ Bn NA
Name
Index Tadwaul REIT Index
4.6
11.2
-11.5
22.4
3.0
2.7
0.0
0.1
17.4
1.4
20.8
1.9
2.8
Consumer Services
3.5
3660
0.0
1.9
-0.7
-23.7
13.7
1.2
3.3
Consumer Durables
0.8
4025
0.0
-6.3
-2.8
-10.9
NA
1.0
2.0
Transportation
3.6
4176
-0.1
2.8
4.1
-21.3
19.8
1.7
3.7
Acwa Power Mgmt 5.95%
Diversified Financials
9.3
3823
-0.2
0.1
-5.1
-19.2
40.6
1.0
3.4
Media
2.2
11983
-0.2
5.3
54.9
51.1
NM
8.1
0.0
Banks
162.8
7076
-0.3
3.1
28.6
8.2
13.4
1.8
Food & Beverages
24.5
4899
-0.4
3.2
0.0
-0.1
26.0
Pharma & Biotech
1.0
4208
-0.5
4.9
6.0
-26.2
Commercial Services
2.4
4780
-0.8
5.9
13.6
Utilities
24.0
4517
-0.9
-2.7
-1.0
Insurance
9.9
4306
-1.1
3.2
-8.8
Arabia Insur Coop
21.5
6.7
Jabal Omar Development
41.0
4.9
Alujain Corp
31.1
Lazurde for Jewelry
18.3
10.0
1.4
1.8
3.5
-10.4
10.0
0.8
-0.7
-3.7
-8.3
NA
0.7
Current Net Previous Net YoY % Profit (SAR mn) Profit (SAR mn) Chng NA NA NA
Type NA
Last 3932
% Chg 0.1
1068.2
677
0.7
MTD (%) YTD (%) D/Y (%) 0.2 -15.1 2.7 3.4
-0.9
4.0
Size ($ Mn) 814
Close Price 98.25
Change (%) 0.77
MTD (%) -0.25
Saudi Electricity Global 5.50%
690
102.65
0.30
1.08
2.26
5.38
13.7
Saudi Electricity Global 4.00%
1500
100.61
0.24
0.67
-2.47
4.00
5.1
3.9
Saudi Electricity Global 3.47%
1000
98.36
0.17
0.69
-3.24
3.54
4.3
2.6
1.9
Dar Al-Arkan Sukuk Co 6.88%
500
96.38
0.00
-2.03
-2.21
7.17
3.2
25.4
1.3
3.1
-16.6
16.4
4.5
5.4
-6.2
81.0
1.3
3.5
-3.8
13.9
2.4
0.7
Name
YTD (%) -3.11
Current Durati Yield on 6.07 8.2
SAIBOR Yield Curve Current 2017 End
YTD (%) 58.4
P/E (TTM) NA
P/B (TTM) 10.8
D/Y (%) NA
11.8
27.7
39.2
2.2
NA
5.8
-30.7
NA
4.0
NA
2.8
2.0
46.1
12.7
1.7
0.0
2.4
8.3
-0.4
42.4
1.9
0.0
1.691
Last (SAR) 11.3
% Loss 1 Day -4.2
MTD (%) 7.6
YTD (%) -0.3
P/E (TTM) 10.7
P/B (TTM) 1.6
D/Y (%) 0.0
1- M
United Coo Assur
13.2
-3.8
32.2
2.2
NA
1.3
NA
Saudi Enaya Coo Ins
24.0
-3.4
181.9
30.6
NA
4.7
NA
Wataniya Insur
26.1
-3.2
4.6
-5.8
11.4
2.2
NA
Amana Coop Insur
19.3
-3.1
36.5
-12.9
NA
2.4
NA
Saudi Industrial Export
1.2
-3.6
Top 5 Performance (sorted by daily performance)
Top Gainers MTD (%) 8.6
12.0
4.7
ASSET CLASS: FIXED INCOME
0.0
5931
% Gain 1 Day 9.9
-13.2
M.Cap ($ Bn) 5.3
NAREIT
4940
Last (SAR) 237.0
P/B (TTM) 1.7
Index performance
7.8
Companies
-2.4
P/E (TTM) 10.6
YTD (%)
ASSET CLASS: REAL ESTATE
176.6
Materials Industry
Unchanged 11
Corporate Earnings NA
% Chg
Losers 108
M.Cap $ mn 244.8
Saudi Telecom
Tadawul Indices (sorted by daily performance)
Gainers 66
2.383
2.956
2.755
2.583
2.285
2.087
1.896
Top Losers Companies Al Ahlia for Coop Insur
Volume & Value Index
Volume (Mn)
% Change
Value (SAR Mn)
154.4
0.0
3624.9
0.1
-1.7
2.5
Tadawul All Share Index Parallel Market Index (NOMU)
Most Active (Volume) Most Active Volume Dar Al Arkan Real Estate
3-M
6-M
1- Yr
5-Year CDS (USD) Watch (bps) Country Saudi Arabia
Current 95.08
2017 91.87
% YTD 3.5
ASSET CLASS: COMMODITY Name ICE Brent (Spot Prices $/bl) Gold (Spot prices $/Oz)
Last 79.4
% Chg 2.2
MTD (%) 2.4
YTD (%) 18.8
2017 % 17.7
1252.6
0.1
-3.4
-3.9
13.5
News to watch
Volume Traded (Mn) 42.1
Alinma Bank
29.0
Saudi Kayan Petchem Saudi Basic Indust Corp National Industrialization
% Chg in YTD (%) Price 0.4 -26.8
P/E (TTM) 13.0
P/B (TTM) 0.6
D/Y (%) 4.8
-0.4
12.0
14.7
1.6
3.7
10.3
1.8
47.8
27.4
1.6
NA
4.3
-0.8
23.8
20.2
2.2
3.5
3.5
2.0
35.0
15.2
1.7
0.0
Source: Tadawul, Reuters Eikon, Bloomberg
1. Saudi Arabia may increase oil output by 400,000 bpd in H2 2018, as per Institute of International Finance (IIF). 2. Arabian Cement plans to start operations at its cement mills at Rabigh in Q1 2019. 3. S&P affirmed ‘A-’ rating on Tawuniya with a stable outlook. 4. Abo Moati renewed SAR 40 mn Islamic facilities with NCB. 5. The Ministry of Finance has completed the Sukuk issuance of additional investor applications, as per Saudi Press Agency report.
Note: NM – Not meaningful (e.g. negative PE ratio); NA – Not available; Data as of June 28, 2018 Disclaimer: “The Daily Note – Saudi Arabia” has been prepared and issued by MEFIC Capital a CMA, Saudi Arabia regulated entity. This Report is intended to be circulated for general information only. The information and statistical data herein have been obtained from sources we believe to be reliable but in no way are warranted by us as to its accuracy or completeness. For further information, please contact at Email:
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