Among stocks, Saudi Paper gained the most, by 9.9%. Arriyadh Development fell ... Daily Notes - Saudi Arabia. April 18,
Report Date: April 18, 2018 Trading Date: April 17, 2018 Key Highlights: •
Tadawul All Share Index rose 0.6% to close at 8096 on April 17, 2018
•
Among the Tadawul sector indices, Utilities Index was the best performer, up 1.3%. Commercial Services Index fell the most, by 1%
•
Among stocks, Saudi Paper gained the most, by 9.9%. Arriyadh Development fell the most by 4%, on the other hand
•
NOMU Parallel Market Index moved up marginally by 0.1% to close at 3173 during the last trading session
Daily Notes - Saudi Arabia April 18, 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 724.4 -0.4
8.7
P/E (TTM) 15.4
P/B (TTM) 1.5
% YTD
D/Y (%)
P/E P/B (TTM) (TTM)
D/Y (%)
Alinma Bank Dar Al Arkan Real Estate
696.4
-0.2
-4.5
26.8
0.8
NA 3.4
3.8
Tadawul All Share
515
8096
0.6
2.9
12.0
0.2
16.5
1.8
3.2
Saudi Basic Indust Corp
512.6
2.3
20.5
19.9
2.3
S&P Saudi Sharia Index
330
1058
0.7
3.7
13.5
0.4
18.3
2.0
3.3
Al Rajhi Banking & Invest
266.8
0.9
26.1
14.5
2.4
4.9
NOMU Index
0.6
3174
0.1
7.5
1.1
-47.7
20.2
4.5
2.2
Saudi Kayan Petchem
147.7
0.5
36.0
32.6
1.6
NA
10470 1164
0.1
-0.6
0.5
34.9
15.4
1.8
2.4
Market Breadth
M.Ca Last p $ Bn (SAR) 97.9 122.9
% Chg 2.3
MTD (%) 5.6
YTD (%) 20.5
P/E (TTM) 19.9
P/B (TTM) 2.3
D/Y (%) 3.4
NOMU (Top 5)
MSCI EM Index
Tadawul (Top 10) Companies Saudi Basic Indust Corp
Index Tadawul All Share Index
Al Aseel
Last (SAR) 63.0
% Chge -0.6
MTD (%) 4.1
Raydan
101.8
17.0
0.4
17.8
Baazeem
71.5
26.5
3.9
10.0
Abo Moati
52.0
12.2
-1.1
5.9
Arab Sea
32.5
12.2
-0.3
6.1
45.0
84.2
1.1
1.7
22.8
16.7
2.7
4.7
Companies
Al Rajhi Banking & Invest
35.3
81.5
0.9
8.0
26.1
14.5
2.4
4.9
National Comm Bank
35.2
66.0
0.5
1.4
20.0
13.4
2.1
3.2
Saudi Electricity
23.5
21.0
1.0
1.4
0.0
12.7
1.2
3.3
Saudi Arabian Mining
16.7
53.6
0.5
-2.0
3.4
87.8
2.4
0.0
Almarai
15.5
58.1
0.4
4.9
8.1
27.4
3.9
1.3
Samba Financial Group
14.5
27.2
0.4
1.8
15.8
10.9
1.2
5.5
Saudi British Bank
12.6
31.1
-0.4
-0.9
15.0
11.9
1.4
4.5
Jabal Omar Development
11.9
48.0
-0.4
-5.0
-18.8
NA
4.7
NA
Index
M.Ca Last p $ Bn Close
% Chg
MTD (%)
YTD (%)
P/E P/B (TTM) (TTM)
D/Y (%)
Utilities
24.0
4569
1.3
2.1
0.2
-6.2
13.1
1.3
3.5
Energy Industry
10.4
5196
1.2
5.8
21.4
-14.0
17.4
1.7
0.3
Telecommunication
49.3
4971
0.9
1.8
16.9
-15.0
18.0
1.8
3.6
Transportation
3.8
4424
0.8
2.1
10.3
-21.3
18.7
1.9
2.9
Diversified Financials
9.6
3916
0.8
1.6
-2.8
-19.2
44.4
1.1
5.1
Pharma & Biotech
1.0
4110
0.8
1.8
3.5
-26.2
19.1
1.4
3.2
Materials Industry
Unchanged 1
0.5
P/E (TTM) 8.3
P/B (TTM) 1.7
1.5
14.0
1.4
-4.3
9.9
1.4
-4.1
9.7
0.9
1.0
NA
0.7
YTD (%)
Corporate Earnings Name Arriyadh Development
2017 (%)
Losers 67
M.Cap $ mn 252.0
Saudi Telecom
Tadawul Indices (sorted by daily performance)
Gainers 111
SIECO
M.Cap $ Bn 0.7 0.1
Current Net Previous Net YoY % Profit (SAR mn) Profit (SAR mn) Chng Q1 2018 43.5 43.3 0.6 Type
Q1 2018
12.6
-1.8
800.0
ASSET CLASS: REAL ESTATE Index performance Index Tadwaul REIT Index
M.Cap ($ Bn) 5.4
Last 4065
% Chg 0.4
998.3
634
1.2
NAREIT
MTD (%) YTD (%) D/Y (%) -2.4 -12.2 2.2 0.4
171.5
5781
0.8
2.3
14.4
1.4
20.8
1.9
2.9
Capital Goods
2.7
4452
0.8
5.1
2.6
-13.0
14.4
1.2
2.8
ASSET CLASS: FIXED INCOME
Insurance
11.0
4859
0.7
7.5
2.9
-3.8
13.6
2.6
1.8
Top 5 Performance (sorted by daily performance)
Media
1.9
10213
0.7
5.6
32.0
51.1
169.0
7.0
0.0
Consumer Services
3.6
3846
0.6
0.6
4.4
-23.7
15.0
1.2
3.1
Banks
147.3
6501
0.6
4.3
18.2
8.2
12.5
1.6
4.5
KSA Sukuk Ltd 2.89%
Food & Beverages
24.8
5199
0.5
-0.5
6.2
-0.1
26.1
2.7
0.9
Food retail
2.5
7201
0.4
9.4
28.4
11.0
22.7
3.9
2.3
Consumer Durables
0.9
4253
0.2
9.0
2.7
-10.9
40.0
1.1
Retailing
7.9
6466
-0.2
0.4
14.8
14.7
18.6
Health Care
8.2
5127
-0.4
5.5
15.4
-11.5
Real Estate
26.7
4214
-0.5
-0.8
-10.3
Commercial Services
2.1
4304
-1.0
0.7
2.3
Last (SAR) 9.6
% Gain 1 Day 9.9
MTD (%) 17.0
Al Alamiya for Coo Insur
31.6
9.2
Al Ahsa Devp
11.8
4.1
Saudi Industrial Invest
23.9
4.0
MetLife AIG ANB Coop Insur
12.6
4.0
Last (SAR) 19.4
Zamil Industrial Invest Saudi Arabian Refineries
-7.2
Size ($ Mn) 4500
Close Price 97.10
Change (%) 0.21
MTD (%) -0.32
Dar Al-Arkan Sukuk Co 6.88%
500
99.75
0.13
-0.37
1.21
6.93
3.4
KSA Sukuk Ltd 3.63%
4500
95.99
0.06
-0.27
-4.29
3.78
7.4
1.0
Dar Al-Arkan Sukuk Co 5.75%
450
100.06
0.00
-0.12
1.66
5.75
0.1
4.6
3.7
Dar Al-Arkan Sukuk Co 6.50%
400
102.00
0.00
-0.12
3.04
6.39
1.0
23.2
3.2
2.5
-6.4
38.1
1.6
1.1
-16.6
14.1
4.0
5.9
YTD (%) 12.1
P/E (TTM) NA
P/B (TTM) 1.5
D/Y (%) NA
21.1
30.5
28.2
3.4
0.0
4.4
-2.4
NA
1.2
NA
5.7
24.9
10.7
1.6
2.1
7.0
-17.8
NA
2.5
NA
1.691
% Loss 1 Day -4.0
MTD (%) -2.8
YTD (%) 3.9
P/E (TTM) 12.3
P/B (TTM) 1.3
D/Y (%) 6.7
1- M
25.9
-3.4
1.7
-3.5
14.9
0.9
7.7
44.6
-1.9
8.6
43.0
91.4
1.8
1.1
Zahrat Al Waha
46.1
-1.6
-1.2
-6.5
14.7
3.7
2.2
Batic Invest and Logist
56.3
-1.6
-1.7
-0.4
25.7
3.8
0.4
Name
Saudi Paper Mfg
Top Losers Companies Arriyadh Development
Volume & Value Index
Volume (Mn)
% Change
Value (SAR Mn)
240.3
0.6
5041.5
0.1
0.1
3.1
Tadawul All Share Index Parallel Market Index (NOMU)
Current
Most Active Volume Dar Al Arkan Real Estate
Volume Traded (Mn) 50.6
% Chg in YTD (%) Price -0.2 -4.5
P/E (TTM) 26.8
P/B (TTM) 0.8
D/Y (%) NA
Alinma Bank
34.7
-0.4
8.7
15.4
1.5
3.8
Saudi Arabian Amiantit
11.7
3.3
-0.4
NA
1.0
NA
Saudi Kayan Petchem
10.2
0.5
36.0
32.6
1.6
NA
Saudi Paper Mfg
6.4
9.9
12.1
NA
1.5
NA
Source: Tadawul, Reuters Eikon, Bloomberg
2.728
2017 End
2.510 2.331
2.050
2.285 2.087 1.896
3-M
6-M
1- Yr
5-Year CDS (USD) Watch (bps) Country Saudi Arabia
Current 87.75
2017 91.87
% YTD -4.5
ASSET CLASS: COMMODITY Name ICE Brent (Spot Prices $/bl) Gold (Spot prices $/Oz)
Most Active (Volume)
Current Durati Yield on 2.98 3.7
SAIBOR Yield Curve
Top Gainers Companies
YTD (%) -3.14
4.2
Last 71.7
% Chg 0.2
MTD (%) 2.1
YTD (%) 7.2
2017 % 17.7
1344.6
0.0
1.6
3.2
13.5
News to watch 1. Saudi Arabia’s Renewable Energy Project Development Office (REPDO) has received four bids for the country's first 400-megawatt Dumat Al Jandal wind plant in Al-Jouf, as per Bloomberg 2. Saudi Arabia has provided Saudi Binladin Group (SBG) with SAR 11 billion loan as part of its turnaround plan, as per Reuters 3. Saudi Electricity Company has signed a memorandum of understanding with General Electric to leverage digital tools to enhance the reliability, efficiency, and performance of SEC’s Generation Optimization Centre
Note: NM – Not meaningful (e.g. negative PE ratio); NA – Not available; Data as of April 17, 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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