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Kuwait Financial Centre “Markaz” Kuwait Watch Market Commentary The Kuwait Market Price Index closed on a positive note at 6,369 points, a gain of 0.51%. The Weighted Index closed at 417.47, a gain of 0.35%. 48 stocks advanced while 21 declined. The Services Index witnessed highest volume traded at 154.1 Mn and the highest value traded at KD 9.5 Mn. Indices were mixed. Real Estate Index was the top gainer, up 1.87%. Banking Index was the top loser, down 0.31%. Bluechips were mixed too. AGILITY was the top gainer, up 2.44%, closing at KD 0.42. AL AHLI BANK was the top loser, down 1.69%, closing at KD 0.58. Kuwait Indices Index KSE Index Banking Investment Insurance Real Estate Industrial Services Food Foreign Volume & Value Index

M. Cap Last % Kd Bn Close Change 29.22 6,369 0.51 12.79 11,519 -0.31 2.25 4,071 1.13 0.31 2,672 0.00 2.05 2,424 1.87 2.20 4,516 -0.01 7.17 14,469 0.25 0.68 4,235 0.49 1.78 5,848 -0.10

MTD (%) 3.30 -0.28 3.25 -1.06 10.14 5.95 3.17 -2.08 -2.40

YTD (%) 9.54 1.91 14.21 -1.23 19.04 6.89 9.18 -2.18 14.35

11 (%) -16 -5 -27 0 -14 -21 -13 -7 -30

PE

PB

23 28 5 12 28 17 15 14 47

2 2 1 1 2 1 2 2 1

% Change

Value (Mn)

491.2 8.6 107.2 0.0 137.2 10.5 154.1 3.7 69.9 0.0

0.51 -0.31 1.13 0.00 1.87 -0.01 0.25 0.49 -0.10 0.00

36.1 4.8 8.6 0.0 6.1 2.2 9.5 0.4 4.3 0.0

Volume % Chg Traded in Price (Mn)

NATL RANGES CO 84.1 INVESTORS HLDING 71.2 GULF FIN HOUSE 46.0 GULF INV HOUSE 23.0 AL-AMAN INV CO 22.6 AL SAFWA GRP 19.5 INTL FINANCE CO 19.2 MANAZEL HOLDING 18.9 HITS TELECOM HLD 13.9 ITHMAAR BANK 10.2 Corporate Earnings Watch

WTD (%) 0.50 -0.53 1.35 0.03 2.55 -0.52 0.18 -0.13 -0.12

Volume (Mn)

KSE Index Banking Index Investment Index Insurance Index Real Estate Index Industrial Index Services Index Food Index Foreign Index Fund Index Most Active Most Active Volume

30 Apr 2012

Market Breadth

0.0 5.3 -6.5 7.9 6.9 -2.7 0.0 8.6 -2.1 5.7

GULF FIN HOUSE BOUBYAN BANK INTL FINANCE CO NATL RANGES CO AL SALAM GRP HLD INVESTORS HLDING HITS TELECOM HLD REMAL REAL EST NATIONAL BANK KT ZAIN

Companies ALDAR NAT R.E. MANAZEL HOLDING METAL &RECYCLING REFRIG IND CO GULF INV HOUSE MUNSHAAT REAL ES AL-AMAN INV CO KW CO PROC PLANT ARKAN ALKWT R.E. ITHMAAR BANK Top Losers Companies

Value Traded % Chg in (Kd Price Mn) 2.7 -6.5 2.1 0.0 2.1 0.0 2.0 0.0 1.8 4.4 1.4 5.3 1.3 -2.1 1.1 0.0 1.0 0.0 0.9 1.4

Most Active Value

Indicators Kuwait Stock Exchange Banking Index Services Index Investment Index Real Estate Index Industrial Index Foreign Index Insurance Index Food Index Top Gainers

Total number Number of of companies Advances listed 205 48 9 1 56 9 47 12 39 14 28 6 13 5 7 0 6 1

Earnings Company Name

Type

Country

Currency

LFY

PFY

Dubai Isl Bank

3M

UAE

AED(Mn)

245.00

220.7

% Chg

11

Al Jazeera Steel Prdts Aamal Holding Co. Arab Heavy Industries

3M

Oman

OMR(Mn)

1.13

1.0

13.0

3M

Qatar

QAR(Mn)

54.6

52.6

3.8

3M

UAE

AED(Mn)

6.0

7.16

-16

Number of Un-changed Declines 21 2 7 2 3 4 2 0 1

136 6 40 33 22 18 6 7 4

Last Close

% Gain 1 Day

MTD (%)

YTD (%)

0.029 0.032 0.132 0.134 0.034 0.034 0.039 0.310 0.080 0.047

9.62 8.62 8.20 8.06 7.94 7.94 6.94 6.90 6.67 5.68

26.7 31.3 17.9 -2.9 13.3 -6.8 13.2 17.0 6.7 111.4

96.6 96.9 13.8 -15.2 54.5 38.8 35.1 1.6 9.6 144.7

Last Close 0.058 0.330 0.132 0.018 0.073 0.228 0.860 0.094 0.270 0.285

% Loss 1 Day -6.45 -4.35 -2.94 -2.70 -2.67 -2.56 -2.27 -2.08 -1.82 -1.72

MTD (%)

YTD (%)

GULF FIN HOUSE -19.4 43.2 KUWAIT FOUNDRY -21.4 -21.1 ARABI HOLDING 57.1 43.5 AL SAFWA GRP -20.0 24.1 INOVEST BSC 57.0 84.8 SOOR FUEL MKT -5.8 -12.3 PORTLAND CEMENT -2.3 21.1 HITS TELECOM HLD 10.6 74.1 KGL LOGISTICS CO 21.6 12.5 HEAVY ENG & SHIP -10.9 -16.2 Derivatives Top Five Strike Premium Avg Traded Volume Expiry Options Traded Price(KD) Bid(KD) Ask(KD) Price (KD) (000’s) UIC(Sett) 27-Sep 0.093 0.01 0.012 0.088 50 GCEM(Purch) 31-May 0.089 0.004 0.006 0.089 50 PIPE(Purch) 31-May 0.12 0.009 0.011 0.12 25 PIPE(Purch) 31-May 0.124 0.007 0.009 0.12 25 ALAMAN(Purch) 27-Dec 0.04 0.006 0.008 0.039 25 Source: Forsa fund, an open ended fund managed by Markaz, is the sole market maker for Options in Kuwait Interest Rate (Deposit Rate) Diff FY11 Diff Period Kuwait rate US Rate (US – KW) (US – KW) 1M 0.40 0.21 -0.19 -0.08 2M 0.50 0.22 -0.28 -0.06 3M 0.65 0.23 -0.42 -0.04 6M 0.85 0.40 -0.45 0.02 Last FOMC Meeting Date: Apr 24-25 Next FOMC Meet Date: Jun 19-20 Blue Chips (Top 10)

Companies Kuwait (KWD) ZAIN NATIONAL BANK KT KWT FIN HOUSE GULF BANK NAT IND GROUP COMMERCIAL BANK AGILITY NAT MOBILE TELE AUBK BAHRAIN AL AHLI BANK

M. Cap Pct Last Kd Bn Chg %

3.15 4.58 2.12 1.16 0.29 1.01 0.43 1.22 0.89 0.89

0.740 1.060 0.730 0.440 0.224 0.780 0.420 2.420 0.170 0.580

1.37 0.00 0.00 0.00 0.00 -1.27 2.44 0.00 1.19 -1.69

% M T D -14.94 -1.85 -6.41 -4.35 -1.75 -1.27 5.00 11.01 -2.30 -9.38

% Y T D -17.78 -5.36 -18.89 -13.73 -13.85 -1.27 12.00 24.74 -9.57 -12.12

11 %

-40.79 -14.44 -16.21 -10.53 -24.64 -14.13 -27.88 2.11 -6.00 -5.71

P P / / E B (TTM) (TTM) 10.57 15.15 26.09 37.13 0.00 NM 15.22 3.35 10.41 19.45

1.51 2.03 1.64 2.69 0.77 1.89 0.48 1.51 1.27 1.85


Kuwait Stock Statistics

Name Large Caps AHLI UNITED BANK AUBK BAHRAIN AL AHLI BANK BOUBYAN BANK BOUBYAN PETROCH. BURGAN BANK COMMERCIAL BANK GULF BANK KWT CEMENT CO KWT FIN HOUSE KWT FOOD CO KWT PROJECTS CO MABANEE CO NAT IND GROUP NAT MOBILE TELE NATIONAL BANK KT P WARE H-AGILITY ZAIN Mid Caps AVIATION LS &FIN COM. FACILITIES COMBINED GROUP COMMERCIAL R.E. E K HOLDING GULF CABLE IND IFA HTLS&RESORTS IKARUS PETRO IND KUWAIT INT BANK QURAIN PETRO IND Small Caps AAYAN LEASING AAYAN REAL EST ABYAAR REAL EST ACICO INDUSTRIES ADV TECHNOLOGY AHLEIA INS CO AJIAL REAL EST AL ARGAN INTL AL DEERA HLDG CO AL ENMAA REA EST AL MADAR FIN&INV AL MASAR LEASING AL MAZAYA HLDING AL MOWASAT CO AL MUDON INTL AL NAWADI HOLD AL QURAIN HLDG AL SAFAT ENERGY AL SAFAT INV AL SAFAT TEC HLD AL SAFWA GRP AL SALAM GRP HLD AL TAMDEEN INV ALAHLEIA HLD CO AL-AMAN INV CO ALDAR NAT R.E. ALIMTIAZ INV CO ALKOUT IND PROJ ALMADINA FIN&INV AL-MAL INV CO AL-MASSALEH R.E. ALRAI MEDIA AMWAL INT INV AQAR REAL EST ARAB INS GROUP ARAB REAL EST CO ARABI HOLDING AREF ENERGY HLDG AREF INVEST GRP ARKAN ALKWT R.E. AUTOMATED SYS CO BAH KW INSURANCE

Market Cap Last Value % Price % Price ( Mn Closing % Traded Volume Change Change Dollars) Price Change (Kd Mn) (Mn) MTD YTD

PE (x)

3,804 3,219 3,225 3,726 1,086 2,428 3,630 4,185 1,036 7,658 1,946 1,545 2,208 1,048 4,406 16,550 1,550 11,358

0.890 0.170 0.580 0.590 0.620 0.435 0.780 0.440 0.450 0.730 1.360 0.325 1.000 0.224 2.420 1.060 0.420 0.740

0.00 1.19 -1.69 0.00 0.00 0.00 -1.27 0.00 0.00 0.00 1.49 1.56 0.00 0.00 0.00 0.00 2.44 1.37

0 0 0 2 0 0 0 0 0 1 0 0 1 1 0 1 1 1

0 0 0 3 1 1 0 0 0 1 0 0 1 2 0 1 2 1

-3.3 -9.6 -10.8 5.4 3.3 -4.4 9.9 -9.3 8.4 -11.0 -9.3 -3.0 11.1 -5.1 18.6 -8.6 0.0 -12.9

18.3 -5.1 -7.7 0.0 10.7 -3.8 -1.3 -9.4 -2.2 -12.4 -8.1 11.9 27.9 -13.8 24.7 4.1 12.0 -17.8

30.07 10.41 19.45 NM 34.22 12.95 NM 37.13 19.51 26.09 10.91 13.23 29.24 0.00 3.35 15.15 15.22 10.57

4.0 1.3 1.8 4.2 1.2 1.5 1.9 2.7 1.9 1.6 1.8 0.7 4.2 0.8 1.5 2.0 0.5 1.5

1.7 5.0 2.5 0.0 5.6 2.3 0.0 0.0 3.3 2.1 4.9 6.3 1.0 0.0 2.1 3.8 9.8 8.9

14-Sep-11 2-May-11 19-May-11 4-May-11 23-Apr-12 12-May-11 2-May-11 15-May-11 17-May-11 3-May-11 22-Jun-11 2-May-11 25-Apr-12 2-May-11 23-Apr-12 15-May-11 5-Mar-12 2-May-11

0.952 0.204 0.657 0.620 0.630 0.533 0.940 0.552 0.610 1.000 1.620 0.400 1.020 0.290 2.480 1.145 0.435 1.220

26-May-11 11-Apr-12 20-Mar-12 4-Apr-12 11-Aug-11 9-Apr-12 20-Mar-12 9-Apr-12 29-Feb-12 9-Apr-12 29-Apr-12 11-Jan-12 9-May-11 14-Aug-11 28-Nov-11 22-Aug-11 15-Aug-11 9-Apr-12

0.714 0.166 0.580 0.530 0.520 0.405 0.700 0.415 0.415 0.710 1.340 0.271 0.691 0.192 1.880 0.900 0.246 0.680

0.62 1.14 0.50 0.73 1.34 1.29 0.29 0.81 1.15 1.02 1.15 1.41 1.56 1.97 0.42 0.85 1.12 1.11

845 504 586 590 923 955 648 509 993 850

0.300 0.265 1.680 0.089 0.285 1.300 0.380 0.192 0.270 0.216

0.00 1.92 0.00 0.00 0.00 3.17 0.00 0.00 1.89 0.93

0 0 0 0 0 0 0 0 1 0

0 0 0 1 0 0 0 0 2 1

-1.6 3.9 9.1 8.5 -13.6 -8.5 -22.4 9.1 5.9 0.9

-4.8 1.9 6.3 15.6 14.0 -8.5 -20.0 12.9 5.9 0.9

5.88 9.48 15.97 14.78 7.85 7.29 0.00 16.74 22.83 12.97

1.5 0.9 4.0 0.7 1.3 1.5 3.7 0.9 1.3 1.1

3.3 8.5 4.2 5.6 4.9 5.8 0.0 4.3 1.9 0.0

3-May-11 4-May-11 10-May-11 14-Apr-12 8-Jun-11 4-May-11 8-Dec-11 19-Mar-12 15-May-11 10-Oct-11

0.375 0.380 1.982 0.097 0.380 1.680 0.510 0.214 0.350 0.228

9-Jan-12 31-Jan-12 23-Oct-11 26-May-11 14-Jan-12 29-Apr-12 21-Nov-11 18-May-11 17-Jan-12 6-Jun-11

0.270 0.250 1.300 0.064 0.248 1.240 0.285 0.136 0.234 0.186

1.07 0.53 1.16 0.76 1.41 1.20 0.70 1.29 1.20 1.10

166 100 188 199 439 315 75 153 104 153 67 25 199 59 79 34 24 181 279 104 87 199 219 39 63 39 434 132 97 97 89 104 42 66 86 68 67 341 199 60 43 105

0.071 0.070 0.047 0.232 0.750 0.450 0.124 0.150 0.039 0.093 0.051 0.043 0.087 0.176 0.220 0.078 0.022 0.082 0.100 0.072 0.018 0.240 0.192 0.013 0.039 0.029 0.106 0.415 0.066 0.052 0.098 0.122 0.064 0.077 0.108 0.038 0.132 0.126 0.052 0.080 0.295 0.325

0.00 0.00 0.00 0.00 0.00 0.00 5.08 0.00 0.00 -1.06 0.00 0.00 2.35 0.00 0.00 0.00 0.00 -1.20 0.00 0.00 -2.70 4.35 -1.03 0.00 6.94 9.62 0.00 0.00 0.00 1.96 0.00 -1.61 0.00 -1.28 0.00 2.70 -2.94 0.00 0.00 6.67 0.00 0.00

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

0 1 0 0 0 0 0 0 1 0 0 0 4 0 0 0 0 5 0 0 20 8 0 0 23 8 3 0 7 5 0 0 0 0 0 2 1 1 0 0 0 0

0.0 18.6 3.3 9.4 17.2 -1.1 5.1 27.1 -1.3 -7.0 0.0 0.0 22.5 35.4 0.0 -2.5 -4.3 10.8 29.9 -1.4 -20.0 39.5 9.1 -23.5 13.2 26.7 -17.2 25.8 1.5 -10.3 21.0 -10.3 0.0 -3.8 -18.2 -24.0 57.1 16.7 0.0 6.7 23.9 0.0

0.0 27.3 78.0 3.6 17.2 -9.1 -4.6 4.2 40.0 -3.1 0.0 0.0 40.3 35.4 0.0 -11.0 15.8 82.2 33.3 24.1 24.1 130.8 23.1 4.0 35.1 96.6 -19.7 25.8 73.7 2.0 19.5 -1.6 0.0 -14.4 -18.2 24.6 43.5 18.9 0.0 9.6 28.3 10.0

0.00 NM NM 28.71 33.57 11.25 0.00 9.11 0.00 38.37 0.00 0.00 0.00 8.93 NM 6.95 0.00 0.00 0.00 0.00 0.00 13.18 18.65 0.00 0.00 1.81 5.26 9.98 0.00 0.00 5.12 22.92 0.00 0.00 0.00 12.01 32.00 NM 0.00 11.89 25.73 9.56

10.3 0.4 0.5 0.7 3.5 1.1 0.4 0.6 0.5 0.8 0.7 0.5 0.7 1.0 1.3 0.6 0.3 0.9 1.3 0.7 0.9 2.0 0.6 0.3 0.9 0.7 0.5 1.6 0.4 0.5 0.6 1.1 0.7 0.8 0.4 0.3 0.9 1.4 0.4 0.7 1.4 1.4

0.0 0.0 0.0 4.3 1.9 5.4 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4.2 0.0 8.8 0.0 0.0 0.0 0.0 0.0 0.0 3.6 0.0 0.0 0.0 9.4 8.4 0.0 0.0 4.8 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6.7 8.3 0.0

NA 26-Mar-12 5-Mar-12 5-May-11 25-Apr-12 24-Mar-12 7-Jun-11 20-Apr-11 24-Mar-12 11-May-11 NA NA 2-May-11 14-Apr-12 10-Jul-11 25-Dec-11 15-May-11 29-Apr-12 20-Mar-12 1-Apr-12 4-Mar-12 4-Apr-12 7-Jun-11 28-Feb-12 10-May-11 29-Apr-12 15-May-11 4-Apr-12 15-Feb-12 9-May-11 28-Apr-12 18-Jan-12 16-Dec-10 16-Jan-12 24-Jul-11 29-Feb-12 25-Apr-12 24-Apr-12 20-Jan-11 24-Mar-12 24-Mar-12 NA

0.000 0.075 0.053 0.314 0.810 0.514 0.144 0.182 0.049 0.122 0.000 0.000 0.098 0.168 0.240 0.093 0.040 0.083 0.110 0.078 0.024 0.275 0.206 0.019 0.047 0.026 0.222 0.415 0.102 0.092 0.104 0.164 0.087 0.090 0.132 0.053 0.146 0.134 0.082 0.080 0.350 0.000

NA 28-Jan-12 5-Feb-12 18-Jan-12 8-Sep-11 10-May-11 18-Aug-11 18-Dec-11 11-Aug-11 29-Apr-12 NA NA 24-Aug-11 14-Nov-11 28-Dec-11 5-Dec-11 22-Nov-11 11-Aug-11 28-Apr-11 4-May-11 23-Aug-11 28-Aug-11 29-Sep-11 18-Jul-11 14-Jan-12 15-Aug-11 17-Apr-12 24-Mar-12 14-Aug-11 22-Aug-11 20-Jul-11 29-Aug-11 28-Mar-11 9-Apr-12 27-Mar-12 17-Jan-12 25-Feb-12 12-Oct-11 31-Mar-11 10-Aug-11 15-Sep-11 NA

0.000 0.052 0.022 0.190 0.590 0.419 0.097 0.106 0.019 0.092 0.000 0.000 0.051 0.130 0.220 0.067 0.019 0.032 0.055 0.031 0.013 0.029 0.146 0.011 0.022 0.013 0.102 0.340 0.028 0.039 0.064 0.063 0.064 0.073 0.102 0.027 0.084 0.085 0.049 0.051 0.204 0.000

1.67 0.89 2.34 1.21 -1.07 0.28 0.83 1.43 0.36 0.69 1.32 0.00 1.45 0.12 0.00 0.00 1.87 1.71 2.63 2.12 2.31 2.25 1.57 1.23 1.08 1.76 0.00 0.00 2.06 2.28 1.20 0.00 0.00 0.26 0.28 1.95 1.42 1.99 1.47 0.56 1.90 0.00

Dividend 52 Week 52 Week 52 Week 52 Week PB (x) yield (%) High Date High Price Low Date Low Price Beta


Kuwait Stock Statistics

Name Small Caps BAYAN INVEST CO BOUBYAN INTER BURGAN DRILLING CITY GROUP COAST INV & DEV CONSUMER INDUST CREDIT RATING DANAH ALSAFAT EDU HLDING GROUP EKTTITAB HLDG CO EQUIPMENT HLDING EYAS EDUCATION FIRST DUBAI R.E FIRST INVESTMENT FIRST TAKAFUL FUJAIRAH CEMENT FUTURE COMMS FUTUREKID GLF FRANCHISING GLOBAL INVEST GRAND REAL EST GULF CEMENT GULF FIN HOUSE GULF GLASS CO GULF INS CO GULF INV HOUSE GULF NOR AFR HLD GULF PETROL INV HAYAT COMMS HEAVY ENG & SHIP HILAL CEMENT CO HITS TELECOM HLD HOUSING FIN CO HUMAN SOFT HLDNG INDEPEN. PETROL INDUST INVEST CO INJAZZAT RE EST INOVEST BSC INT FIN ADVISORS INTL FINANCE CO INTL RESORTS INVESTORS HLDING ITHMAAR BANK JAZEERA AIRWAYS JEERAN HLDING CO KGL LOGISTICS CO KIPCO ASSET MGMT KME FINANC. INV. KOUT FOOD GRP KT AND GULF LINK KUWAIT CHINA INV KUWAIT FOUNDRY KUWAIT INS CO KW BAH INTL EXCH KW CO PROC PLANT KW SLAUGHTER HSE KWT BLD MAT MFG KWT BUS TOWN KWT CABLE VISION KWT COM. COMPLEX KWT FIN & INV KWT GYPSUM KWT HOTELS CO KWT INVEST CO KWT NAT CINEMA KWT PACKING MAT KWT PIPES IND KWT R.E.HOLDING KWT REAL EST KWT REINSURANCE KWT RESORTS KWT SYRIAN HLDG LIVESTOCK T.T CO

Market Cap Last Value % Price % Price ( Mn Closing % Traded Volume Change Change Dollars) Price Change (Kd Mn) (Mn) MTD YTD 53 80 188 225 136 33 72 97 97 78 89 103 148 357 44 89 78 45 10 230 24 230 241 160 351 50 28 52 41 171 55 250 41 111 187 41 91 73 135 313 36 73 477 380 44 274 271 97 153 117 196 183 210 44 66 29 24 50 6 52 32 14 58 203 350 42 98 41 183 87 32 35 144

0.039 0.076 0.238 0.560 0.061 0.102 0.130 0.092 0.110 0.098 0.178 0.240 0.042 0.156 0.122 0.087 0.275 0.104 0.023 0.049 0.018 0.089 0.058 1.100 0.500 0.034 0.051 0.068 0.128 0.285 0.210 0.094 0.039 0.275 0.330 0.025 0.072 0.073 0.052 0.108 0.064 0.020 0.047 0.425 0.085 0.270 0.290 0.102 0.530 0.122 0.068 0.330 0.270 0.265 0.310 0.250 0.224 0.018 0.057 0.052 0.026 0.122 0.280 0.104 0.960 0.260 0.120 0.036 0.057 0.202 0.049 0.032 0.184

5.41 2.70 0.00 0.00 1.67 0.00 0.00 -1.08 0.00 3.16 -1.11 0.00 2.44 2.63 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4.71 -6.45 0.00 0.00 7.94 0.00 3.03 3.23 -1.72 0.00 -2.08 0.00 0.00 0.00 0.00 -1.37 -2.67 0.00 0.00 0.00 5.26 5.68 0.00 0.00 -1.82 1.75 0.00 0.00 0.00 0.00 -4.35 0.00 0.00 6.90 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.96 0.00 0.00 0.00 0.00 1.79 0.00 0.00 -1.54 0.00

0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 0 1 3 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 2 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

1 0 0 0 3 0 0 4 0 7 3 0 3 6 0 0 0 0 0 0 0 6 46 0 0 23 1 6 2 0 0 14 0 0 0 0 0 6 0 19 6 71 10 0 0 1 0 0 0 2 0 0 0 0 2 0 0 0 0 0 0 0 0 0 0 0 0 0 4 0 0 0 0

-6.0 1.3 -6.7 5.7 -1.6 0.0 8.3 -17.9 0.0 -5.8 161.8 0.0 35.5 14.7 0.0 -20.9 3.8 0.0 -11.5 0.0 0.0 -11.0 -19.4 -21.4 -18.0 13.3 -1.9 -1.4 68.4 -10.9 1.9 10.6 0.0 1.9 6.5 6.4 1.4 57.0 -20.0 -3.6 10.3 8.1 111.4 -10.5 11.8 21.6 18.9 104.0 6.0 13.0 3.0 -21.4 -10.0 3.9 17.0 -3.8 -1.8 -35.2 -9.5 -8.8 0.0 -4.7 0.0 -3.7 -5.9 -13.3 -4.8 4.4 -1.7 0.0 -4.9 10.3 -5.2

23.8 -13.6 12.3 5.7 13.0 9.7 -7.1 -4.2 0.0 122.7 235.8 -7.7 64.7 39.3 -9.0 85.1 -8.3 -8.8 24.3 0.0 0.0 43.5 43.2 -9.8 -6.2 54.5 9.7 109.2 58.0 -16.2 -2.8 74.1 6.9 -1.8 -4.3 -30.6 -5.3 84.8 30.0 5.9 68.4 60.0 144.7 2.8 0.0 12.5 18.9 104.0 1.9 19.6 23.6 -21.1 -16.9 3.9 1.6 -3.8 -0.9 -38.6 -16.2 0.0 0.0 -4.7 0.0 -1.9 -3.0 -13.3 -7.7 -6.6 18.8 0.0 4.3 16.4 -17.1

PE (x) 0.00 0.00 35.89 0.00 0.00 0.00 0.00 NM 58.51 0.00 0.00 10.19 0.00 0.00 0.00 0.00 18.62 14.73 0.00 0.00 0.00 0.00 NM 17.41 13.67 0.00 0.00 25.48 0.00 13.07 12.38 NM 0.00 12.88 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 9.97 16.28 8.31 0.00 0.00 10.40 0.00 0.00 0.00 13.13 20.95 12.10 12.71 35.96 0.00 0.00 0.00 0.00 18.85 0.00 15.81 17.81 5.20 0.00 0.00 50.45 0.00 0.00 0.00 0.00

Dividend 52 Week 52 Week 52 Week 52 Week PB (x) yield (%) High Date High Price Low Date Low Price Beta 0.4 0.5 1.0 2.9 0.9 1.3 1.1 0.7 1.0 1.0 1.6 1.3 0.7 1.2 1.4 0.0 1.4 0.6 0.7 3.1 1.7 0.7 1.0 3.1 1.5 0.6 0.5 0.6 1.2 1.5 0.9 0.7 0.8 1.4 0.7 0.4 0.5 0.0 0.3 0.8 0.8 0.4 0.8 4.1 0.5 1.5 0.9 0.8 1.5 0.6 0.7 1.0 1.2 2.0 1.2 2.0 1.4 0.2 1.1 0.3 0.0 0.8 3.0 0.6 2.1 1.0 1.1 0.5 0.4 0.7 0.5 0.4 1.0

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 7.7 0.0 0.0 0.0 0.0 4.7 4.6 0.0 0.0 0.0 0.0 0.0 3.6 3.8 0.0 0.0 0.0 0.0 3.4 6.9 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1.8 10.5 0.0 5.2 0.0 0.0 5.3 6.7 4.2 1.7 7.1 2.2 0.0 0.0 0.0 0.0 5.5 0.0 0.0 4.4 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

5-Mar-12 4-May-11 19-May-11 23-Nov-11 18-Sep-11 28-Feb-12 12-Sep-11 6-Mar-12 6-Mar-11 14-Feb-12 29-Apr-12 23-Jan-11 29-Apr-12 25-Apr-12 29-Dec-11 5-Mar-12 24-Jul-11 29-Dec-11 4-Mar-12 12-Jan-11 27-Jan-11 15-Feb-12 19-Jun-11 28-Jan-12 29-Feb-12 12-May-11 24-Mar-12 9-Apr-12 12-May-11 10-Aug-11 22-May-11 15-Feb-12 14-Mar-11 10-Mar-11 11-Jul-11 30-Nov-11 2-May-11 5-May-11 21-Feb-12 12-May-11 21-Apr-12 21-Feb-12 29-Apr-12 25-Mar-12 13-Nov-11 9-Apr-12 17-Apr-12 2-Apr-12 28-Mar-12 16-May-11 11-May-11 8-May-11 14-Dec-11 8-Apr-12 12-May-11 15-Nov-11 24-Apr-11 25-Apr-11 7-Apr-11 24-Apr-11 30-Dec-10 4-May-11 13-Oct-11 13-Oct-11 25-Aug-11 21-Apr-11 4-May-11 29-Dec-11 7-Mar-12 NA 27-Mar-12 17-May-11 10-May-11

0.045 0.122 0.420 0.630 0.091 0.102 0.160 0.116 0.255 0.136 0.194 0.320 0.042 0.164 0.134 0.130 0.325 0.114 0.030 0.062 0.023 0.112 0.090 1.500 0.581 0.044 0.062 0.079 0.134 0.380 0.242 0.136 0.078 0.300 0.470 0.049 0.114 0.078 0.069 0.242 0.069 0.022 0.044 0.441 0.114 0.310 0.295 0.102 0.610 0.160 0.075 0.618 0.325 0.310 0.409 0.260 0.236 0.039 0.204 0.110 0.035 0.168 0.290 0.124 1.520 0.385 0.222 0.038 0.063 0.000 0.062 0.046 0.300

29-Aug-11 11-Feb-12 5-Feb-12 29-Feb-12 29-Aug-11 20-Nov-11 14-Feb-12 21-Aug-11 21-Jul-11 8-Jan-12 13-Nov-11 14-Jan-12 22-Aug-11 14-Aug-11 18-Jul-11 3-Jan-12 21-Apr-12 11-Mar-12 4-Dec-11 14-Aug-11 31-Mar-11 15-Jan-12 11-Aug-11 10-May-11 29-Dec-11 10-Jan-12 20-Feb-12 18-Jul-11 13-Feb-12 24-Apr-12 13-Oct-11 23-Aug-11 14-Sep-11 11-Feb-12 24-Nov-11 6-Feb-12 17-Jan-12 18-Feb-12 11-Aug-11 8-Aug-11 21-Aug-11 24-Aug-11 23-Jan-12 2-May-11 18-Oct-11 11-Feb-12 3-Nov-11 20-Apr-11 23-Aug-11 17-Jan-12 16-Aug-11 7-Apr-12 4-Sep-11 2-Apr-12 29-Aug-11 15-Sep-11 8-Feb-12 31-Mar-12 4-Apr-12 21-Jan-12 20-Feb-11 12-Jul-11 7-Jun-11 9-Aug-11 25-Apr-11 3-Mar-12 9-Apr-12 29-Sep-11 21-Aug-11 NA 11-Aug-11 19-Feb-12 27-Mar-12

0.026 0.069 0.190 0.530 0.048 0.083 0.120 0.061 0.095 0.038 0.048 0.260 0.020 0.092 0.065 0.046 0.265 0.098 0.015 0.018 0.013 0.053 0.030 0.680 0.476 0.020 0.047 0.027 0.069 0.280 0.202 0.041 0.028 0.270 0.285 0.021 0.060 0.036 0.028 0.088 0.025 0.011 0.018 0.107 0.072 0.218 0.230 0.049 0.345 0.095 0.048 0.315 0.265 0.255 0.250 0.250 0.226 0.018 0.058 0.040 0.024 0.128 0.246 0.096 0.810 0.275 0.114 0.028 0.044 0.000 0.034 0.026 0.172

1.55 0.00 0.70 -0.23 2.18 1.08 0.00 1.73 0.93 1.92 1.85 0.00 2.06 0.70 1.02 0.62 -0.22 -0.14 1.05 2.59 2.02 0.70 1.92 0.48 0.25 0.43 1.85 1.41 0.74 0.62 0.29 1.39 0.52 0.24 0.25 0.89 0.84 1.12 2.23 0.36 2.05 1.92 1.51 0.93 1.29 2.70 0.30 0.30 0.74 1.61 1.71 0.51 0.21 0.52 0.99 0.00 1.37 -0.00 0.96 1.11 0.67 0.76 0.60 1.20 -0.07 0.00 1.93 1.13 1.53 0.21 0.89 0.98 0.59


Kuwait Stock Statistics

Name Small Caps MANAFAE INVEST MANAZEL HOLDING MARINE SRVC IND MARKAZ MASHAER HOLDING Mena Hold MENA REAL ESTATE METAL &RECYCLING MUBARRAD TRANS MUNSHAAT REAL ES MUSHRIF TRD&CONT NAFAIS HLDING CO NAT CLEANING NAT INTL HOLDING NAT SLAUGHTER HS NATIONAL INV CO NATL IND CO NATL PETRO SVC NATL RANGES CO NATL REAL EST NOOR FIN INV OSOUL INVST CO OULA FUEL PALMS AGRO PROD PEARL REAL EST PORTLAND CEMENT PRIVATIZATION RAS AL KH CEMENT REAL EST ASSET REAL EST TRADE REFRIG IND CO REMAL REAL EST SAFWAN TRD &CONT SALBOOKH TRADING SALHIAH REAL EST SANAM REAL EST SECURITIES GROUP SECURITIES HOUSE SHARJAH CEMENT SHUAIBA IND CO SOKOUK HLDING SOOR FUEL MKT STRATEGIA SULTAN CNTR FOOD TAIBA KWTI HLD TAMDEEN REAL EST TAMEER R.E. INV THE INT INVESTOR THEMAR TIJARA& REAL EST UMM ALQAIWAIN UNION REAL EST UNITED INDUST. UNITED POULTRY UNITED PROJ CO UNITED REAL EST UTD FOODSTUFF WARBA INS CO WETHAQ TAKAFUL YIACO MEDICAL CO ZIMA HOLDING CO

Market Cap Last Value % Price % Price ( Mn Closing % Traded Volume Change Change Dollars) Price Change (Kd Mn) (Mn) MTD YTD 44 75 114 226 185 77 26 36 52 37 74 143 116 39 16 462 381 69 85 376 79 45 319 20 10 289 197 205 51 24 40 290 98 32 456 26 212 324 107 48 81 279 39 226 74 307 51 44 318 58 81 80 157 57 101 472 41 79 16 215 35

0.061 0.032 0.144 0.118 0.285 0.033 0.037 0.132 0.068 0.034 0.102 0.089 0.158 0.053 0.184 0.146 0.315 0.320 0.024 0.132 0.029 0.066 0.242 0.108 0.031 0.860 0.075 0.120 0.130 0.057 0.134 0.365 0.540 0.044 0.248 0.059 0.230 0.130 0.080 0.216 0.023 0.228 0.067 0.108 0.114 0.234 0.054 0.025 0.087 0.043 0.064 0.120 0.088 0.126 0.345 0.110 0.345 0.118 0.041 0.380 0.106

0.00 8.62 0.00 0.00 0.00 0.00 0.00 8.20 1.49 7.94 0.00 0.00 1.28 0.00 0.00 0.00 3.28 0.00 0.00 3.13 0.00 0.00 0.00 0.00 0.00 -2.27 1.35 1.69 0.00 0.00 8.06 0.00 0.00 0.00 0.81 0.00 0.00 0.00 0.00 0.00 0.00 -2.56 0.00 0.00 0.00 2.63 0.00 0.00 0.00 2.38 1.59 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5.56 0.00

0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

0 19 0 0 1 0 0 1 4 8 3 0 1 0 0 1 0 0 84 0 0 0 0 0 0 0 3 0 0 1 1 3 0 0 1 1 0 0 0 0 0 0 0 2 0 0 0 0 0 3 1 0 1 0 0 1 0 0 0 0 0

15.1 31.3 -16.3 1.7 30.7 0.0 12.1 17.9 15.3 -6.8 18.6 -3.3 25.4 3.9 19.5 -13.1 6.8 -14.7 23.7 -9.6 0.0 0.0 -10.4 25.6 -17.3 -2.3 -1.3 -3.2 -3.0 -10.9 -2.9 17.7 -10.0 -6.5 18.1 -9.2 0.0 0.0 -5.9 13.7 -22.4 -5.8 6.3 -18.2 0.0 0.0 -5.3 0.0 0.0 7.5 0.0 0.0 -9.3 0.0 6.2 0.0 -11.5 -20.3 0.0 1.3 -3.6

1.7 96.9 -35.1 1.7 56.6 0.0 17.5 13.8 17.2 38.8 0.0 -11.0 43.6 3.9 19.5 -15.1 12.5 -1.2 67.9 3.1 0.0 -2.9 -15.3 25.6 -17.3 21.1 13.6 -3.2 -3.0 -5.0 -15.2 35.2 -1.8 -8.4 19.2 -20.3 0.0 0.0 81.8 20.0 32.4 -12.3 -1.5 -10.0 0.0 1.7 -8.5 0.0 -4.4 38.7 48.8 11.1 -13.7 0.0 15.0 10.0 1.5 0.0 0.0 -1.3 -3.6

PE (x) 0.00 0.00 18.98 0.00 9.81 0.00 0.00 0.00 0.00 0.00 22.82 5.96 10.86 0.00 9.95 0.00 24.82 7.78 0.00 0.00 0.00 0.00 21.39 8.39 0.00 31.52 18.23 10.92 26.75 0.00 0.00 11.64 12.85 0.00 15.63 0.00 0.00 0.00 0.00 12.93 0.00 15.84 0.00 0.00 16.17 22.14 0.00 0.00 0.00 0.00 28.82 14.01 108.64 5.84 11.79 12.61 20.54 20.49 0.00 11.80 0.00

Dividend 52 Week 52 Week 52 Week 52 Week PB (x) yield (%) High Date High Price Low Date Low Price Beta 0.6 0.5 0.7 0.7 1.2 0.1 0.4 0.5 0.6 0.3 0.8 0.8 1.4 0.3 1.3 0.7 1.4 1.4 0.6 0.5 0.4 0.7 2.1 0.7 0.5 1.3 0.5 1.1 0.9 0.3 0.7 2.1 2.6 0.7 1.0 0.6 1.2 7.1 0.3 0.9 0.4 1.8 0.8 0.9 1.1 0.9 0.6 1.1 1.0 0.4 0.6 0.7 0.4 1.1 0.9 0.7 2.2 0.5 0.4 2.0 0.0

0.0 0.0 0.0 0.0 4.6 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2.6 7.6 0.0 0.0 0.0 0.0 0.0 9.3 0.0 7.4 6.8 7.4 3.7 0.0 0.0 0.0 5.0 0.0 6.1 0.0 4.3 0.0 4.3 4.4 0.0 0.0 0.0 0.0 0.0 3.5 0.0 0.0 4.6 0.0 8.4 6.4 0.0 3.7 8.8 4.5 1.5 4.0 0.0 4.2 0.0

1-Dec-11 29-Apr-12 2-Jun-11 4-May-11 18-Apr-12 30-Dec-10 2-May-11 5-May-11 24-May-11 5-Jul-11 7-Sep-11 2-Oct-11 21-Apr-12 18-Apr-12 17-Mar-12 3-May-11 15-May-11 20-Feb-12 29-Apr-12 13-Nov-11 21-Dec-10 2-May-11 15-Jun-11 24-Apr-12 27-Jun-11 3-May-11 18-Mar-12 29-Apr-12 13-Apr-11 20-Jul-11 15-May-11 22-Jan-12 12-May-11 11-May-11 29-Apr-12 27-Dec-11 24-Feb-11 NA 21-Feb-12 23-Apr-12 22-Feb-12 31-May-11 4-May-11 3-Nov-11 9-Oct-11 9-Jun-11 18-Apr-12 NA 25-May-11 13-Mar-12 11-Mar-12 13-Feb-12 6-Jul-11 10-Apr-12 12-May-11 18-Mar-12 13-Mar-12 12-May-11 22-Dec-10 1-Jun-11 4-May-11

0.073 0.029 0.265 0.140 0.305 0.152 0.042 0.134 0.089 0.045 0.136 0.220 0.172 0.069 0.154 0.290 0.340 0.376 0.024 0.172 0.049 0.088 0.343 0.128 0.069 1.500 0.085 0.128 0.136 0.140 0.238 0.485 0.940 0.075 0.255 0.078 0.280 0.000 0.097 0.216 0.036 0.295 0.091 0.140 0.116 0.280 0.070 0.000 0.104 0.047 0.074 0.122 0.138 0.136 0.385 0.120 0.415 0.162 0.048 0.560 0.138

9-Apr-12 14-Jan-12 21-Apr-12 15-Aug-11 4-May-11 31-Mar-11 20-Nov-11 19-Feb-12 9-Jan-12 24-Jan-12 13-Feb-12 9-Apr-12 22-Aug-11 17-Aug-11 19-Apr-11 29-Apr-12 14-Feb-12 9-May-11 15-Aug-11 22-Aug-11 7-Mar-11 16-Aug-11 21-Aug-11 28-Dec-11 18-Apr-12 22-Jan-12 15-May-11 11-May-11 7-Apr-11 5-Feb-12 14-Apr-12 14-Dec-11 7-Jan-12 9-Jan-12 8-Jan-12 1-Nov-11 27-Sep-11 NA 17-Nov-11 26-Oct-11 4-Jan-12 29-Apr-12 29-Feb-12 23-Aug-11 20-Feb-12 5-Oct-11 4-Aug-11 NA 14-Nov-11 2-Oct-11 21-Aug-11 27-Jul-11 15-Apr-12 8-Aug-11 28-Jan-12 9-Aug-11 13-Jun-11 8-Jan-12 8-Dec-11 7-Jan-12 2-Apr-12

0.049 0.015 0.134 0.091 0.132 0.033 0.029 0.102 0.050 0.022 0.079 0.084 0.101 0.028 0.144 0.144 0.250 0.267 0.011 0.056 0.026 0.050 0.243 0.081 0.028 0.640 0.041 0.104 0.126 0.048 0.122 0.230 0.510 0.041 0.200 0.049 0.230 0.000 0.043 0.162 0.015 0.234 0.058 0.093 0.114 0.212 0.052 0.000 0.079 0.030 0.040 0.100 0.079 0.116 0.265 0.074 0.255 0.100 0.041 0.345 0.094

1.05 2.45 0.48 1.71 1.79 2.38 1.38 1.81 1.67 2.10 0.54 0.33 1.36 0.28 0.00 1.38 0.87 0.31 1.45 1.54 2.00 1.11 0.25 1.60 0.87 1.48 1.67 0.94 0.00 0.00 0.83 0.00 0.58 0.98 1.03 1.03 0.78 1.07 1.19 0.62 1.61 0.51 2.12 1.21 1.39 0.68 0.85 1.53 0.49 0.59 1.47 -0.09 1.47 0.08 0.39 1.11 0.20 0.55 1.05 0.65 0.00

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KD30042012