Report Date: Trading Date:

Report Date: June 12, 2018 Trading Date: June 11, 2018 Key Highlights: •

Tadawul All Share Index declined 0.4% to close at 8244 on June 11, 2018

•

Among the Tadawul sector indices, Energy Index was the best performer, up 1.5%. Media Index fell the most, by 4.9%

•

Among stocks, Petro Rabigh reported the most gain, up by 2.8%. Emaar EC fell the most by 9.9%

•

NOMU Parallel Market Index ended flat to close at 3066 during the last trading session

Daily Notes - Saudi Arabia June 12, 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 365.7 0.7

12.6

P/E (TTM) 14.8

P/B (TTM) 1.6

% YTD

D/Y (%)

P/E P/B (TTM) (TTM)

D/Y (%)

Alinma Bank Saudi Basic Indust Corp

365.0

0.8

23.8

20.2

2.2

3.5 4.5

3.7

Tadawul All Share

527

8244

-0.4

1.0

14.1

0.2

17.0

1.8

3.2

Dar Al Arkan Real Estate

253.9

-1.9

-22.2

13.9

0.6

S&P Saudi Sharia Index

331

1064

-0.5

-0.1

14.2

0.4

18.0

2.0

3.4

Al Rajhi Banking & Invest

127.0

0.0

34.5

15.2

2.8

4.6

NOMU Index

0.6

3066

0.0

-0.4

-2.4

-47.7

19.5

3.0

4.1

Emaar The Economic City

99.0

-9.9

-13.6

37.9

1.2

NA

14456 1139

0.4

1.7

-1.6

34.9

13.9

1.7

2.5

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) 62.0

% Chge 0.0

MTD (%) -0.8

Raydan

90.1

15.0

0.0

-3.1

Baazeem

72.9

27.0

0.0

Abo Moati

48.3

11.3

Arab Sea

29.3

11.0

46.5

87.1

-1.3

-1.7

27.0

17.1

2.7

4.6

Companies

National Comm Bank

38.9

48.7

0.2

3.5

-11.6

14.3

2.3

2.3

Al Rajhi Banking & Invest

37.7

86.9

0.0

1.6

34.5

15.2

2.8

4.6

Saudi Electricity

24.4

21.9

-1.0

2.0

4.3

120.5

1.3

3.2

Saudi Arabian Mining

17.9

57.3

-2.1

-3.0

10.4

62.1

2.5

0.0

Samba Financial Group

16.3

30.6

-1.3

5.3

30.0

12.0

1.4

4.9

Almarai

15.6

58.6

-2.0

10.6

9.0

27.7

3.9

1.3

Riyad Bank

13.0

16.3

1.4

9.9

30.1

12.1

1.3

4.5

Saudi British Bank

12.5

31.3

-1.6

4.0

15.9

11.9

1.5

4.5

Index

M.Ca Last p $ Bn Close

MTD (%)

YTD (%)

2017 (%)

P/E P/B (TTM) (TTM)

D/Y (%)

Energy Industry

10.2

5028

1.5

4.5

17.5

-14.0

17.1

1.6

3.4

Food retail

2.2

6506

1.1

2.4

16.0

11.0

22.4

3.5

3.5

Transportation

3.6

4105

0.1

1.0

2.3

-21.3

19.5

1.7

3.7

Commercial Services Materials Industry

2.3

4692

0.1

4.0

11.6

-16.6

16.0

4.4

5.5

174.4

5841

0.0

-1.4

15.6

1.4

20.5

1.9

2.8

7.6

6350

-0.1

-0.2

12.7

14.7

18.3

4.7

4.0

Retailing Insurance

M.Cap $ Bn NA

Name

-1.1

P/E (TTM) 10.7

P/B (TTM) 1.7

-10.1

12.4

1.2

5.9

-2.5

10.1

1.4

0.7

2.9

-10.9

9.0

0.8

0.0

-4.3

-8.9

NA

0.7

Current Net Previous Net YoY % Profit (SAR mn) Profit (SAR mn) Chng NA NA NA

Type NA

Index performance Index Tadwaul REIT Index

M.Cap ($ Bn) 5.2

Last 3882

% Chg 0.2

1043.9

663

-0.1

NAREIT

4168

-0.1

-0.1

-11.8

-3.8

13.3

2.3

0.8

7052

-0.2

2.7

28.2

8.2

13.3

1.8

4.0

Capital Goods

2.5

4139

-0.3

1.0

-4.7

-13.0

16.8

1.2

2.5

Diversified Financials

9.3

3802

-0.3

-0.5

-5.7

-19.2

40.4

1.0

3.4

1.3

-2.9

4.0

Pharma & Biotech

1.0

4202

-0.5

4.8

5.8

-26.2

25.2

1.3

3.1

Saudi Electricity Global 5.50%

Health Care

7.8

4900

-0.5

3.7

10.3

-11.5

22.3

2.9

2.8

Consumer Services

3.4

3601

-0.6

0.3

-2.3

-23.7

13.4

1.1

3.3

Utilities

25.0

4735

-0.9

2.0

3.8

-6.2

84.1

1.3

Food & Beverages

24.1

4915

-1.7

3.5

0.4

-0.1

26.0

Consumer Durables

0.9

4070

-1.9

-5.2

-1.7

-10.9

Real Estate

23.6

3699

-2.0

1.3

-21.3

-6.4

Telecommunication

51.6

5295

-2.3

-1.9

24.5

-15.0

Media

1.9

10318

-4.9

-9.3

33.4

Last (SAR) 27.8

% Gain 1 Day 2.8

Al Alamiya for Coo Insur

29.9

United Intl Transp

33.7

Saudi Ceramic Company for Coop Insur

Top 5 Performance (sorted by daily performance) Size ($ Mn) 690

Close Price 102.13

Change (%) 0.62

KSA Sukuk Ltd 3.63%

4500

96.26

Acwa Power Mgmt 5.95%

814

97.75

0.5


1500

2.6

1.9


1000

NA

1.0

2.0

28.3

1.4

2.1

17.2

1.9

3.3

51.1

201.2

7.0

0.0

MTD (%) 6.3

YTD (%) 68.8

P/E (TTM) 12.4

P/B (TTM) 2.3

D/Y (%) 1.8

2.8

0.0

23.5

31.1

3.2

0.0

2.0

10.0

23.7

16.3

2.2

4.5

20.6

1.9

6.3

-22.8

NA

0.7

4.0

71.4

1.9

8.7

-24.4

NA

3.9

5.6


Last (SAR) 11.7

% Loss 1 Day -9.9

MTD (%) -14.6

YTD (%) -13.6

P/E (TTM) 37.9

P/B (TTM) 1.2

D/Y (%) NA

Al Sorayai Trading and Ind

15.5

-7.4

-22.4

17.3

NA

1.7

NA

Etihad Etisalat

19.4

-5.9

-2.7

31.1

NA

1.1

NA

Saudi Research and Mkting

83.1

-5.6

-10.9

40.5

197.5

7.0

NA

National Medical Care Co

58.5

-4.6

17.9

34.3

27.5

2.6

1.7

Name

MTD (%) 0.57

YTD (%) 1.74

Current Durati Yield on 5.40 13.7

0.44

0.36

-4.03

3.78

7.4

0.26

-0.76

-3.60

6.10

8.0

100.18

0.25

0.24

-2.88

4.01

5.1

97.01

0.21

0.29

-0.21

5.24

13.7

SAIBOR Yield Curve 2.851

Current 2017 End

Top Gainers Rabigh Ref and Petchem

MTD (%) YTD (%) D/Y (%) -1.1 -16.2 2.7

ASSET CLASS: FIXED INCOME

9.4

Companies

YTD (%)

ASSET CLASS: REAL ESTATE

161.4

Banks

Unchanged 19

Corporate Earnings NA

% Chg

Losers 114

M.Cap $ mn 248.0

Saudi Telecom

Tadawul Indices (sorted by daily performance)

Gainers 52

2.640 2.456

2.175 2.285 2.087 1.896 1.691

Top Losers Companies

Volume & Value Index

Volume (Mn)

% Change

Value (SAR Mn)

111.8

-0.4

2631.1

0.0

0.0

0.3

Tadawul All Share Index Parallel Market Index (NOMU)

Most Active (Volume) Most Active Volume Dar Al Arkan Real Estate

1- M

3-M

6-M

1- Yr

5-Year CDS (USD) Watch (bps) Country Saudi Arabia

Current 90.18

2017 91.87

% YTD -1.8

ASSET CLASS: COMMODITY Name ICE Brent (Spot Prices $/bl) Gold (Spot prices $/Oz)

Last 76.4

% Chg 0.0

MTD (%) -1.6

YTD (%) 14.2

2017 % 17.7

1297.5

-0.1

0.0

-0.4

13.5

News to watch

Volume Traded (Mn) 22.5

% Chg in YTD (%) Price -1.9 -22.2

P/E (TTM) 13.9

P/B (TTM) 0.6

D/Y (%) 4.5

Alinma Bank

17.0

0.7

12.6

14.8

1.6

3.7


8.2

-9.9

-13.6

37.9

1.2

NA

Saudi Kayan Petchem

5.5

0.7

41.0

26.1

1.6

NA

Etihad Etisalat

4.9

-5.9

31.1

NA

1.1

NA

1. Fitch Ratings affirmed Saudi Arabia's long-term foreign-currency issuer default rating at "A+" with a ‘Stable’ outlook, supported by strong fiscal and external balance sheets. 2. Maaden’s subsidiary signed transport services deal with Saudi Railways to transport molten sulfur and phosphoric acid. 3. UAE’s NMC Health Plc signed an agreement with Saudi Arabia’s Hassana, the investment arm of the General Organization for Social Insurance (GOSI), to form a new national healthcare company.

Source: Tadawul, Reuters Eikon, Bloomberg Note: NM – Not meaningful (e.g. negative PE ratio); NA – Not available; Data as of June 11, 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: [email protected]