May 24, 2018 - Saudi Steel Pipes Co SJSC. 20.0. 3.5. -6.0. 24.4 292.4 1.4. 0.0. Al Hassan Ghazi Ibrahim. 11.1. 3.4. 0.6.
Report Date: May 24, 2018 Trading Date: May 23, 2018 Key Highlights: •
Tadawul All Share Index declined 0.1% to close at 8039 on May 23, 2018
•
Among the Tadawul sector indices, Media Index was the best performer, up 2.6%. Real Estate Index fell the most, by 1.6%
•
Among stocks, Takween reported the most gain, up by 6.2%. Al Alamiya fell the most by 5%, on the other hand
•
NOMU Parallel Market Index declined 1% to close at 3042 during the last trading session
Daily Notes - Saudi Arabia May 24, 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 469.1 -0.5
17.7
P/E (TTM) 19.2
P/B (TTM) 2.1
% YTD
D/Y (%)
P/E P/B (TTM) (TTM)
D/Y (%)
Saudi Basic Indust Corp Alinma Bank
265.4
0.2
7.1
14.0
1.5
3.9 4.2
3.5
Tadawul All Share
514
8039
-0.1
-2.1
11.2
0.2
16.9
1.8
3.2
Dar Al Arkan Real Estate
262.1
1.4
-17.1
14.8
0.7
S&P Saudi Sharia Index
327
1043
0.0
-1.4
11.9
0.4
17.6
2.0
3.4
Bank Aljazira
185.1
2.0
11.8
9.1
0.9
2.3
NOMU Index
0.6
3042
-1.0
-6.4
-3.1
-47.7
19.3
3.0
2.3
Saudi Kayan Petchem
162.2
0.1
31.2
24.2
1.5
NA
10200 1133
-0.8
-2.7
-2.2
34.9
13.9
1.7
2.4
Market Breadth
M.Ca Last p $ Bn (SAR) 95.8 120.0
% Chg -0.5
MTD (%) 4.7
YTD (%) 17.7
P/E (TTM) 19.2
P/B (TTM) 2.1
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 -0.2
MTD (%) -4.3
Raydan
88.8
14.8
0.7
-12.8
Baazeem
71.5
26.5
0.0
Abo Moati
44.8
10.5
Arab Sea
31.1
11.7
45.8
86.0
1.6
3.9
25.3
16.8
2.7
4.7
Companies
National Comm Bank
37.0
46.2
1.6
-31.3
-16.1
13.6
2.2
2.5
Al Rajhi Banking & Invest
35.9
82.8
-0.6
-1.4
28.1
14.5
2.7
4.8
Saudi Electricity
23.8
21.4
1.2
-6.5
1.9
117.5
1.3
3.3
Saudi Arabian Mining
17.5
56.2
0.2
-1.1
8.3
61.1
2.5
0.0
Almarai
15.9
59.6
-1.3
-0.6
10.9
28.2
4.0
1.3
Samba Financial Group
15.2
28.4
-0.1
-2.1
21.0
11.2
1.3
5.3
Saudi British Bank
12.1
30.1
-1.4
-7.7
11.6
11.4
1.4
4.7
Riyad Bank
12.0
15.0
0.2
-0.2
19.7
11.1
1.2
4.9
Index
M.Ca Last p $ Bn Close
MTD (%)
YTD (%)
2017 (%)
P/E P/B (TTM) (TTM)
D/Y (%)
M.Cap $ Bn NA
Name
2.1
11601
2.6
-17.7
50.0
51.1
228.9
7.8
0.0
Telecommunication
51.0
5264
1.9
4.5
23.8
-15.0
17.0
1.9
3.4
Pharma & Biotech
1.0
4083
1.3
-3.3
2.8
-26.2
24.5
1.2
3.2
Diversified Financials
9.4
3879
1.0
-2.3
-3.7
-19.2
40.9
1.1
5.1
Energy Industry
9.4
4759
0.9
-4.4
11.2
-14.0
16.2
1.5
3.6
Commercial Services
2.2
4485
0.7
-1.9
6.6
-16.6
15.2
4.2
5.7
Utilities
24.4
4614
0.6
-6.3
1.2
-6.2
82.0
1.3
3.4
Food retail
2.1
6150
0.5
-11.7
9.6
11.0
21.1
3.3
3.7
Retailing
7.7
6353
0.3
-1.4
12.8
14.7
18.3
4.7
4.0
153.5
6714
0.1
-0.8
22.0
8.2
13.3
1.8
4.0
Transportation
3.6
4139
0.0
-7.5
3.2
-21.3
19.6
1.7
3.4
KSA Sukuk Ltd 3.63%
Capital Goods
2.5
4200
0.0
-9.4
-3.2
-13.0
16.9
1.2
2.9
Consumer Durables
0.9
4388
-0.2
-0.4
6.0
-10.9
0.0
1.1
1.8
Consumer Services
3.4
3616
-0.2
-6.2
-1.9
-23.7
13.4
1.1
168.6
5690
-0.2
0.8
12.6
1.4
20.0
7.7
4818
-0.4
-4.6
8.4
-11.5
21.8
Insurance
9.7
4282
-0.7
-9.9
-9.3
-3.8
Food & Beverages
24.2
4877
-1.1
-6.5
-0.4
-0.1
Real Estate
24.8
3869
-1.6
-10.5
-17.6
Materials Industry Health Care
-11.4
12.3
1.2
-7.0
-4.3
9.9
1.4
-12.5
-12.4
-17.3
8.3
0.8
-1.8
-10.2
-3.3
NA
0.7
Current Net Previous Net YoY % Profit (SAR mn) Profit (SAR mn) Chng NA NA NA
Type NA
Index Tadwaul REIT Index
M.Cap ($ Bn) 5.4
Last 3998
% Chg 0.2
1013.0
643
1.0
NAREIT
MTD (%) YTD (%) D/Y (%) -0.8 -13.7 2.6 1.3
-5.8
4.2
ASSET CLASS: FIXED INCOME
Top 5 Performance (sorted by daily performance) Size ($ Mn) 4500
Close Price 95.14
Change (%) 0.81
MTD (%) 0.41
YTD (%) -5.14
Saudi Electricity Global 4.00%
1500
99.49
0.56
0.01
-3.55
4.04
KSA Sukuk Ltd 2.89%
4500
96.60
0.49
0.11
-3.63
3.00
3.6
3.3
Saudi Electricity Global 5.06%
1000
95.96
0.45
-0.67
-1.29
5.31
13.7
1.8
3.0
Saudi Electricity Global 5.50%
690
101.17
0.45
-0.27
0.79
5.46
13.7
2.9
2.8
13.9
2.3
0.7
25.7
2.6
1.0
-6.4
29.5
1.5
2.0
MTD (%) 16.4
YTD (%) 12.7
P/E (TTM) NA
P/B (TTM) 1.5
D/Y (%) NA
Last (SAR) 11.4
% Gain 1 Day 6.2
Basic Chemical Ind
25.2
4.1
4.4
18.8
12.9
1.4
4.0
Saudi Steel Pipes Co SJSC
20.0
3.5
-6.0
24.4
292.4
1.4
0.0
Al Hassan Ghazi Ibrahim
11.1
3.4
0.6
-5.4
NA
0.8
6.8
Etihad Etisalat
19.6
3.1
14.1
32.2
NA
1.1
NA
Last (SAR) 30.6
% Loss 1 Day -5.0
MTD (%) -4.6
YTD (%) 26.2
P/E (TTM) 31.6
P/B (TTM) 3.3
D/Y (%) 0.0
Dallah Healthcare
95.2
-3.8
-6.6
-5.8
20.9
3.2
2.6
Jabal Omar Development
40.9
-3.5
-16.0
-30.8
NA
4.0
NA
Arabian Shield Coop Insur
26.2
-2.8
-39.3
-37.5
5.5
1.9
0.0
Al Andalus Property
22.9
-2.5
-4.2
10.8
13.5
1.3
8.7
Takween Advanced Ind
P/B (TTM) 1.7
Index performance
Name
Current Durati Yield on 3.82 7.5 5.2
SAIBOR Yield Curve 2.831
Current 2017 End
Top Gainers Companies
-1.1
P/E (TTM) 8.2
YTD (%)
ASSET CLASS: REAL ESTATE
Media
Banks
Unchanged 6
Corporate Earnings NA
% Chg
Losers 99
M.Cap $ mn 248.0
Saudi Telecom
Tadawul Indices (sorted by daily performance)
Gainers 80
2.611 2.430
2.108 2.285 2.087 1.896 1.691
Top Losers Companies Al Alamiya for Coo Insur
Volume & Value Index
Volume (Mn)
% Change
Value (SAR Mn)
137.5
-0.1
3053.9
0.2
-1.0
2.7
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 90.68
2017 91.87
% YTD -1.3
ASSET CLASS: COMMODITY Name ICE Brent (Spot Prices $/bl) Gold (Spot prices $/Oz)
Last 79.7
% Chg 0.3
MTD (%) 7.1
YTD (%) 19.2
2017 % 17.7
1295.7
0.4
-1.4
-0.5
13.5
News to watch
Volume Traded (Mn) 22.0
% Chg in YTD (%) Price 1.4 -17.1
P/E (TTM) 14.8
P/B (TTM) 0.7
D/Y (%) 4.2
Bank Aljazira
13.1
2.0
11.8
9.1
0.9
Alinma Bank
13.0
0.2
7.1
14.0
1.5
2.3 3.9
Saudi Kayan Petchem
11.5
0.1
31.2
24.2
1.5
NA
Takween Advanced Ind
5.6
6.2
12.7
NA
1.5
NA
1. Shaker Group signed MoU with Signify, formerly Philips Lighting, to explore energy efficiency opportunities in KSA. 2. Saudi Arabia has been ranked 39th in IMD World Competitiveness Yearbook, with improvement in several indicators such as public finance. 3. SASCO approves 11% capital hike to SAR 600 mn, 5% cash dividend for FY17. 4. Sadara Chemical Company signed a supply agreement with Harcros-ARA for its upcoming chemical facility in Jubail Industrial City II.
Source: Tadawul, Reuters Eikon, Bloomberg Note: NM – Not meaningful (e.g. negative PE ratio); NA – Not available; Data as of May 23, 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]