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Kuwait Financial Centre “Markaz” Kuwait Watch Market Commentary The Kuwait Market Price Index closed on a positive note at 5,861 points, a gain of 0.03%. The Weighted Index closed at 404.08, a gain of 0.07%. The KSE 15 Index closed at 987.97, a gain of 0.23%. 43 stocks advanced while 41 declined. The Financial Services Index witnessed highest volume traded at 72.5 Mn and Telecommunications Index witnessed the highest value traded at KD 6.7 Mn. Indices were mixed. Financial Services Index was the top gainer, up 0.79%. Telecommunications Index was the top loser, down 1.96%. Most blue-chips closed flat. NBK was the only gainer, up 1.92%, closing at KD 1.06. ZAIN was the only loser, down 2.78%, closing at KD 0.7. Kuwait Indices Index M. Cap Last % WTD MTD YTD 11 PE PB Kd Bn Close Change (%) (%) (%) (%) KSE Index 28.37 5,861 0.03 1.24 1.24 0.81 -16 21 2 Oil & Gas 0.38 460 -1.31 -3.01 -3.01 -7.91 15 1 Basic Materials 0.61 480 -0.67 -0.54 -0.54 -3.97 11 1 Industrials 2.25 455 -0.29 0.74 0.74 -9.02 10 1 Consumer Goods 0.61 465 0.00 0.12 0.12 -6.92 9 2 Healthcare 0.22 544 0.00 0.00 0.00 8.77 25 3 Consumer Servic’s 0.77 464 0.25 -1.61 -1.61 -7.18 11 2 Telecom 4.29 470 -1.96 -3.80 -3.80 -6.00 15 2 Banking 13.79 493 0.78 0.85 0.85 -1.30 28 2 Insurance 0.33 456 0.00 -0.54 -0.54 -8.71 11 1 Real Estate 2.11 510 -0.57 3.90 3.90 1.97 33 2 Financial Services 2.92 457 0.79 3.94 3.94 -8.65 7 1 Technology 0.07 479 -1.14 -2.85 -2.85 -4.25 49 1 Volume & Value Index Volume (Mn) % Change Value (Mn) 151.4 0.2 0.3 7.6 0.0 0.0 0.4 16.0 0.0 18.1 0.0 36.2 72.5 0.0 0.1

KSE Index Oil & Gas Index Basic Materials Index Industrials Index Consumer Goods Index Healthcare Index Consumer Services Index Telecommunications Index Utilities Index Banking Index Insurance Index Real Estate Index Financial Services Index Investment Instruments Index Technology Index Most Active Most Active Volume

5 July, 2012

Market Breadth

Volume % Chg Traded in Price (Mn)

GULF FIN HOUSE 21.4 ITHMAAR BANK 14.8 INVESTORS HLDING 11.7 ALMADINA FIN&INV 10.4 ZAIN 8.8 AL SAFWA GRP 8.1 HITS TELECOM HLD 7.2 COMMERCIAL R.E. 7.2 MANAZEL HOLDING 7.2 INT FIN ADVISORS 6.5 Corporate Earnings Watch

1.3 0.0 0.0 5.7 -2.8 0.0 0.0 -3.9 1.9 1.3

0.03 -1.31 -0.67 -0.29 0.00 0.00 0.25 -1.96 0.00 0.78 0.00 -0.57 0.79 0.00 -1.14

17.7 0.0 0.0 1.4 0.0 0.0 0.1 6.7 0.0 2.4 0.0 3.0 4.0 0.0 0.0 Value Traded % Chg in (Kd Price Mn) 6.2 -2.8 1.3 -1.7 0.8 1.3 0.7 0.8 0.6 1.9 0.6 5.7 0.5 -3.9 0.5 0.0 0.5 0.0 0.5 0.0

Most Active Value ZAIN MABANEE CO GULF FIN HOUSE AL SALAM GRP HLD NATIONAL BANK KT ALMADINA FIN&INV COMMERCIAL R.E. ITHMAAR BANK HITS TELECOM HLD P WARE H-AGILITY

Earnings Company Name

Type

Country

Currency

LFY

PFY

% Chg

Al Anwar Crmc Tiles Natl Lsng Hold Co. QNB

6M

Oman

OMR (Mn)

3.27

2.97

10

6M

Qatar

QAR(Mn)

106.7

97

10

6M

Qatar

QAR(Bn)

4.1

3.5

17

Dubai Refresh Co.

6M

UAE

AED(Mn)

89.0

61.38

45

Total number Number of Number of of companies Un-changed Advances Declines Indicators listed Kuwait Stock Exchange 205 43 41 121 Oil & Gas Index 7 1 2 4 Basic Materials Index 5 0 3 2 Industrials Index 39 8 9 22 Consumer Goods Index 7 0 0 7 Health Care Index 3 0 0 3 Consumer Services Index 17 5 3 9 Telecom Index 3 0 1 2 Banking Index 12 3 0 9 Insurance Index 9 0 0 9 Real Estate Index 39 12 10 17 Financial Services Index 59 14 12 33 Technology Index 4 0 1 3 Top Gainers Last % Gain Companies MTD (%) YTD (%) Close 1 Day OULA FUEL 0.305 8.93 1.7 6.8 KWT PROJECTS CO 0.350 6.06 7.7 20.5 METAL &RECYCLING 0.140 6.06 6.1 20.7 RAS AL KH CEMENT 0.106 6.00 0.0 -14.5 ALMADINA FIN&INV 0.056 5.66 23.1 47.4 AL-MASSALEH R.E. 0.088 4.76 -1.1 7.3 JAZEERA AIRWAYS 0.375 4.17 11.9 -9.3 UNITED REAL EST 0.110 3.77 1.9 10.0 KME FINANC. INV. 0.044 3.57 -2.2 -13.0 BURGAN DRILLING 0.176 3.53 0.0 -17.0 Top Losers Last % Loss Companies MTD (%) YTD (%) Close 1 Day IFA HTLS&RESORTS 0.280 -8.20 -15.2 -41.1 SHUAIBA IND CO 0.156 -6.02 -16.1 -13.3 JEERAN HLDING CO 0.079 -5.95 -6.0 -7.1 FUTURE COMMS 0.188 -5.05 -13.8 -37.3 TAIBA KWTI HLD 0.095 -5.00 -8.7 -16.7 IKARUS PETRO IND 0.166 -4.60 -8.8 -2.4 KIPCO ASSET MGMT 0.218 -4.39 -6.0 10.3 REAL EST TRADE 0.036 -4.05 -1.4 -40.8 COMMERCIAL R.E. 0.075 -3.85 -3.8 -2.6 AL-MAL INV CO 0.039 -3.75 6.9 -24.5 Derivatives Top Five Strike Premium Avg Traded Volume Expiry Options Traded Price(KD) Bid(KD) Ask(KD) Price (KD) (000’s) KPROJ(Purch) 27-Sep 0.36 0.021 0.023 0.35 50 OULAFUEL(Sett) 26-Jul 0.295 0.017 0.019 0.305 50 KPROJ(Purch) 26-Jul 0.36 0.007 0.009 0.35 50 KGL(Purch) 27-Sep 0.091 0.01 0.012 0.09 20 CBK(Purch) 27-Sep 0.77 0.059 0.065 0.75 5 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 0.35 0.22 -0.13 -0.08 2M 0.50 0.33 -0.17 -0.06 3M 0.65 0.45 -0.20 -0.04 6M 0.85 0.44 -0.41 0.02 Last FOMC Meeting Date: Jun19-20 Next FOMC Meet Date: Jul 31-Aug 1 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 %

3.12 4.51 2.13 1.14 0.27 0.96 0.41 1.11 0.85 0.85

0.700 1.060 0.730 0.430 0.210 0.750 0.390 2.200 0.164 0.570

-2.78 1.92 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

% M T D -5.41 3.92 -1.35 -1.15 3.96 -3.85 2.63 0.00 1.23 -3.39

% Y T D -22.22 -5.36 -18.89 -15.69 -19.23 -5.06 4.00 13.40 -12.77 -13.64

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) 9.79 14.87 26.88 39.38 0.00 0.00 14.80 10.47 9.75 18.46

1.66 2.00 1.67 2.59 0.65 1.84 0.45 1.40 1.20 1.75


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 FIN HOUSE KWT FOOD CO KWT PROJECTS CO MABANEE CO NAT MOBILE TELE NATIONAL BANK KT P WARE H-AGILITY ZAIN Mid Caps AVIATION LS &FIN COM. FACILITIES COMMERCIAL R.E. E K HOLDING GULF CABLE IND KUWAIT INT BANK KWT CEMENT CO NAT IND GROUP QURAIN PETRO IND UNITED GULF BANK 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 BAYAN INVEST CO BOUBYAN INTER BURGAN DRILLING

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

PE (x)

3,811 3,035 3,033 3,879 1,042 2,405 3,414 4,052 7,587 1,841 1,578 2,581 3,968 16,088 1,461 11,115

0.910 0.164 0.570 0.620 0.600 0.440 0.750 0.430 0.730 1.280 0.350 1.160 2.200 1.060 0.390 0.700

1.11 0.00 0.00 0.00 0.00 1.15 0.00 0.00 0.00 0.00 6.06 -1.69 0.00 1.92 0.00 -2.78

0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 6

0 0 0 0 0 1 0 0 1 0 1 1 0 1 1 9

3.4 0.0 -3.4 0.0 1.7 3.5 -3.8 -1.1 -1.4 0.0 7.7 9.4 0.0 3.9 2.6 -5.4

20.9 -8.4 -9.3 5.1 7.1 -2.7 -5.1 -11.5 -12.4 -13.5 20.5 48.4 13.4 4.1 4.0 -22.2

29.14 9.75 18.46 NM 11.73 11.54 0.00 39.38 26.88 10.39 13.64 34.11 10.47 14.87 14.80 9.79

4.1 1.2 1.8 4.4 1.0 1.5 1.8 2.6 1.7 1.8 0.8 4.7 1.4 2.0 0.5 1.7

1.7 5.1 2.7 0.0 6.7 2.3 0.0 0.0 2.1 5.1 6.1 0.8 2.3 3.8 7.7 9.0

14-Sep-11 27-Jul-11 25-Mar-12 20-Jun-12 2-Jun-12 29-Sep-11 3-Aug-11 20-Oct-11 11-Jul-11 8-Sep-11 4-Aug-11 4-Jul-12 23-Apr-12 7-Mar-12 5-Mar-12 18-Sep-11

0.952 0.198 0.650 0.630 0.630 0.476 0.920 0.524 0.917 1.560 0.343 1.180 2.480 1.109 0.435 1.020

29-Dec-11 4-Jul-12 9-Jun-12 4-Apr-12 11-Aug-11 21-May-12 20-Mar-12 3-Jun-12 16-Jun-12 23-Jun-12 11-Jan-12 22-Aug-11 28-Nov-11 22-Aug-11 15-Aug-11 18-Jun-12

0.752 0.164 0.540 0.530 0.520 0.405 0.700 0.390 0.680 1.220 0.271 0.700 1.880 0.900 0.246 0.680

0.57 1.02 0.43 0.67 1.32 1.30 0.28 0.72 0.94 1.04 1.42 1.45 0.43 0.86 1.12 1.01

781 538 512 982 871 947 890 973 756 518

0.270 0.280 0.075 0.305 1.160 0.255 0.380 0.210 0.190 0.134

-3.57 0.00 -3.85 -1.61 0.00 0.00 -2.56 0.00 -1.04 0.00

0 0 1 0 0 0 0 0 0 0

2 0 7 0 0 0 0 0 0 0

-1.8 0.0 -3.8 1.7 1.8 0.0 -2.6 4.0 -4.0 -6.9

-14.3 7.7 -2.6 22.0 -18.3 0.0 -17.4 -19.2 -11.2 -31.6

5.52 9.36 14.47 8.35 6.23 20.09 16.61 0.00 14.14 86.81

1.4 1.0 0.6 1.4 1.5 1.3 1.6 0.7 0.8 0.9

3.6 7.9 6.4 4.5 6.3 2.0 3.8 0.0 6.3 0.0

27-Oct-11 26-Jul-11 14-Apr-12 31-Jul-11 14-Sep-11 10-Jul-11 13-Jul-11 14-Nov-11 10-Oct-11 5-Jul-11

0.355 0.345 0.097 0.360 1.620 0.315 0.570 0.280 0.228 0.290

30-Jun-12 31-Jan-12 18-Jul-11 14-Jan-12 25-Jun-12 17-Jan-12 24-Jun-12 14-Aug-11 25-Jun-12 30-Jun-12

0.270 0.250 0.069 0.248 1.100 0.234 0.375 0.192 0.186 0.144

1.07 0.47 0.80 1.37 1.20 1.21 1.13 1.94 1.10 0.39

166 106 155 207 451 271 101 156 88 143 67 25 158 82 79 45 23 138 277 92 86 206 172 39 45 41 349 131 77 76 71 98 64 70 91 59 65 344 197 60 71 105 49 62 128

0.071 0.076 0.040 0.230 0.810 0.385 0.164 0.154 0.033 0.089 0.051 0.043 0.068 0.238 0.220 0.097 0.022 0.065 0.100 0.064 0.019 0.242 0.156 0.013 0.064 0.027 0.085 0.415 0.056 0.039 0.088 0.116 0.098 0.079 0.091 0.033 0.132 0.128 0.052 0.076 0.470 0.325 0.036 0.060 0.176

0.00 1.33 1.28 -0.86 0.00 0.00 2.50 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.56 0.00 0.00 0.00 0.83 0.00 0.00 0.00 -1.82 -1.16 0.00 5.66 -3.75 4.76 -1.69 0.00 0.00 0.00 0.00 -1.49 0.00 0.00 0.00 0.00 0.00 1.43 3.45 3.53

0 0 0 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 0 0 0 0 0 0 0 0 0 0 0 0 0

0 1 4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 8 3 0 0 0 2 0 0 10 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

0.0 4.1 6.8 5.5 -3.6 -3.8 3.8 -11.5 10.0 1.1 0.0 0.0 0.0 0.0 0.0 -2.0 0.0 16.1 0.0 1.6 8.8 6.1 0.0 0.0 146.2 10.2 2.4 0.0 23.1 6.9 -1.1 1.8 53.1 -20.2 -10.8 4.8 -1.5 -1.5 0.0 -3.8 -6.0 0.0 4.4 3.4 0.0

0.0 38.2 49.6 7.8 26.6 -22.3 26.2 6.9 20.0 -7.3 -41.8 0.0 9.7 83.1 0.0 10.7 15.8 44.4 33.3 10.3 27.6 132.7 0.0 4.0 -9.2 86.2 -35.6 25.8 47.4 -24.5 7.3 -6.5 53.1 -12.2 -31.1 6.6 43.5 20.8 0.0 4.1 104.3 10.0 12.7 -31.8 -17.0

0.00 11.79 NM 21.80 34.65 9.73 0.00 6.67 0.00 32.96 0.00 0.00 0.00 10.29 0.00 7.78 0.00 0.00 0.00 0.00 0.00 12.81 12.05 0.00 0.00 NM 7.91 9.37 0.00 0.00 4.35 15.09 0.00 0.00 0.00 0.00 9.73 21.44 0.00 20.60 5.30 10.09 0.00 0.00 24.60

0.0 0.4 0.4 0.7 3.6 0.9 0.2 0.6 0.4 0.7 0.9 0.5 0.5 1.3 1.4 0.8 0.3 0.8 1.3 0.7 1.2 1.9 0.5 0.5 0.6 0.7 0.4 1.8 0.3 0.5 0.5 1.0 1.0 0.9 0.4 0.2 0.8 1.5 0.4 0.7 1.6 1.4 0.4 0.4 0.7

0.0 0.0 0.0 2.2 1.8 6.3 0.0 6.1 0.0 0.0 0.0 0.0 0.0 4.2 0.0 7.1 0.0 0.0 0.0 0.0 0.0 2.1 4.5 0.0 0.0 0.0 11.6 8.4 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6.6 5.1 0.0 0.0 0.0 0.0

NA 21-May-12 5-Mar-12 20-Nov-11 28-May-12 24-Mar-12 2-Jun-12 2-Jun-12 24-Mar-12 1-Nov-11 NA NA 20-Mar-12 27-May-12 10-Jul-11 23-May-12 15-May-11 7-May-12 20-Mar-12 8-May-12 8-May-12 8-May-12 25-Apr-12 28-Feb-12 5-May-12 8-May-12 14-Jul-11 4-Apr-12 15-Feb-12 18-Sep-11 8-May-12 18-Jan-12 4-Jul-12 8-May-12 22-May-12 29-Feb-12 16-May-12 23-Jun-12 23-Feb-11 16-Jun-12 5-Jun-12 NA 5-Mar-12 26-Jul-11 7-Jul-11

0.000 0.095 0.053 0.257 0.950 0.514 0.164 0.190 0.049 0.116 0.000 0.000 0.093 0.238 0.240 0.110 0.040 0.087 0.110 0.081 0.026 0.285 0.204 0.019 0.109 0.044 0.192 0.415 0.102 0.074 0.134 0.164 0.099 0.102 0.134 0.053 0.166 0.134 0.063 0.108 0.530 0.000 0.045 0.112 0.390

NA 28-Jan-12 5-Feb-12 18-Jan-12 8-Sep-11 5-Jun-12 18-Aug-11 18-Dec-11 11-Aug-11 25-Jun-12 NA NA 24-Aug-11 14-Nov-11 28-Dec-11 5-Dec-11 22-Nov-11 11-Aug-11 28-Apr-11 19-Jul-11 23-Aug-11 28-Aug-11 29-Sep-11 18-Jul-11 14-Jan-12 15-Aug-11 25-Jun-12 24-Mar-12 14-Aug-11 25-Jun-12 20-Jul-11 29-Aug-11 4-Jul-12 9-Apr-12 1-Jul-12 17-Jan-12 25-Feb-12 12-Oct-11 31-Mar-11 10-Aug-11 15-Sep-11 NA 29-Aug-11 3-Jul-12 19-Jun-12

0.000 0.052 0.022 0.181 0.590 0.380 0.097 0.106 0.019 0.086 0.000 0.000 0.051 0.130 0.220 0.067 0.019 0.032 0.055 0.048 0.013 0.029 0.146 0.011 0.053 0.013 0.079 0.340 0.028 0.035 0.064 0.063 0.099 0.073 0.096 0.027 0.084 0.085 0.049 0.051 0.204 0.000 0.026 0.053 0.158

1.70 0.89 2.35 1.26 -0.96 0.33 0.70 1.38 0.40 0.72 1.35 0.00 1.52 0.24 0.00 0.00 1.88 1.78 2.66 2.21 2.37 2.21 1.32 1.24 1.22 1.93 0.00 0.00 2.03 2.34 1.26 1.90 0.00 0.23 0.30 2.10 1.44 1.94 1.51 0.56 1.90 0.00 1.60 0.00 0.64

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 CITY GROUP COAST INV & DEV COMBINED GROUP 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 IFA HTLS&RESORTS IKARUS PETRO IND 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 (Mn Dollars) 222 93 464 33 25 87 83 55 68 94 132 326 22 87 57 46 10 228 24 237 285 87 335 41 22 43 34 108 57 191 41 102 495 467 174 40 72 64 102 238 22 71 365 312 43 233 215 40 160 86 169 165 194 32 83 28 24 49 5 51 32 13 44 197 336 49 92 36 157 84 30 30 143

Last Value % Price % Price Closing % Traded Volume Change Change Price Change (Kd Mn) (Mn) MTD YTD 0.580 0.041 1.260 0.102 0.039 0.084 0.090 0.068 0.138 0.240 0.035 0.138 0.060 0.075 0.188 0.102 0.084 0.049 0.018 0.089 0.038 0.580 0.500 0.026 0.042 0.051 0.104 0.186 0.218 0.074 0.039 0.240 0.280 0.166 0.300 0.025 0.059 0.049 0.040 0.083 0.041 0.019 0.037 0.375 0.079 0.216 0.218 0.044 0.600 0.090 0.059 0.305 0.280 0.182 0.330 0.250 0.214 0.018 0.048 0.052 0.026 0.122 0.204 0.098 0.940 0.300 0.112 0.072 0.049 0.192 0.043 0.027 0.184

0.00 -2.41 3.28 0.00 0.00 0.00 0.00 1.49 -1.43 0.00 0.00 -1.43 0.00 0.00 -5.05 0.00 0.00 0.00 0.00 2.30 1.33 -3.33 0.00 -1.92 2.44 -1.92 0.00 1.09 0.00 0.00 0.00 0.00 -8.20 -4.60 0.00 0.00 1.72 0.00 1.27 0.00 2.50 0.00 0.00 4.17 -5.95 0.93 -4.39 3.57 0.00 -1.10 0.00 -3.17 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.08 0.00 -1.75 2.86 1.03 0.00 0.00 -1.82 0.00

0 0 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 0 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 0 0 0 0 0 0 0 0 0 0 0 0

0 2 0 0 0 0 0 2 0 0 0 1 0 0 0 0 0 0 0 0 21 0 0 4 0 0 0 0 0 7 0 0 0 0 0 0 1 1 6 0 1 12 15 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 0 0 0 0

5.5 6.6 1.6 0.0 -6.0 0.0 -5.3 6.3 0.0 0.0 0.0 4.5 -13.0 1.4 -13.8 -7.3 37.7 0.0 0.0 2.3 7.0 -9.4 0.0 2.0 5.0 -1.9 2.0 3.3 -4.4 4.2 0.0 -4.0 -15.2 -8.8 -6.3 0.0 0.0 11.4 12.7 0.0 9.3 12.1 14.1 11.9 -6.0 2.9 -6.0 -2.2 -1.6 3.4 -1.7 1.7 0.0 -20.2 3.1 0.0 -4.5 0.0 -1.0 0.0 0.0 -7.6 -4.7 0.0 0.0 0.0 0.0 -5.3 5.4 -5.0 -5.5 -6.9 0.0

9.4 -25.0 -12.3 9.7 -72.1 -12.5 -18.2 54.5 160.4 -7.7 37.3 23.2 -55.2 59.6 -37.3 -10.5 24.4 0.0 0.0 43.5 -6.2 -52.5 -6.2 15.9 -9.7 64.5 28.4 -45.3 0.9 37.0 6.9 -14.3 -41.1 -2.4 -13.0 -30.6 -22.4 24.1 0.0 -18.6 7.9 48.0 92.1 -9.3 -7.1 -1.0 10.3 -13.0 15.4 -11.8 7.3 -27.1 -13.8 -28.6 13.6 -3.8 -5.3 -38.6 -29.4 0.0 -37.8 -4.7 -27.1 -7.5 -5.1 0.0 -13.8 -14.5 2.1 -0.2 -7.5 -1.8 -17.1

PE (x) 0.00 3.57 12.27 0.00 0.00 0.00 29.97 9.72 0.00 8.57 0.00 21.12 0.00 0.00 21.93 14.10 0.00 0.00 0.00 0.00 0.00 9.32 12.71 0.00 0.00 12.50 NM 9.12 14.77 NM 0.00 9.68 0.00 11.55 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 8.11 16.09 6.73 0.00 0.00 11.36 0.00 0.00 0.00 12.20 11.93 9.38 13.38 23.27 0.00 0.00 0.00 0.00 15.62 0.00 26.04 16.95 6.30 0.00 0.00 NM 23.65 32.27 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 2.8 0.5 3.0 1.3 0.4 0.6 0.8 0.6 1.2 1.2 0.8 1.0 0.7 0.0 1.1 0.6 0.8 6.3 0.0 0.7 1.1 1.8 1.3 0.6 0.4 0.5 1.0 0.9 1.0 0.6 0.8 1.3 2.8 0.7 0.7 0.5 0.4 0.0 0.3 0.6 0.5 0.6 0.6 3.2 0.5 1.2 0.7 0.5 1.5 0.4 0.6 0.9 1.1 1.4 1.3 2.2 1.4 0.2 1.0 0.3 0.0 0.8 2.2 0.5 2.0 1.2 1.2 0.7 0.4 0.6 0.5 0.3 0.9

0.0 0.0 5.7 0.0 0.0 0.0 0.0 0.0 0.0 8.3 0.0 0.0 0.0 0.0 6.3 4.5 0.0 0.0 0.0 0.0 0.0 6.7 4.0 0.0 0.0 0.0 0.0 5.4 6.6 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 9.3 13.2 0.0 4.9 0.0 0.0 5.8 7.1 5.7 2.9 7.2 2.2 0.0 0.0 0.0 0.0 5.6 0.0 0.0 4.5 0.0 0.0 0.0 0.0 3.0 0.0 0.0 0.0

23-Nov-11 18-Sep-11 31-Jul-11 23-Jun-12 12-Sep-11 6-Mar-12 27-May-12 14-Feb-12 2-May-12 14-Jan-12 7-May-12 25-Apr-12 29-Dec-11 5-Mar-12 24-Jul-11 29-Dec-11 9-May-12 2-May-11 18-May-11 15-Feb-12 21-Feb-12 28-Jan-12 29-Feb-12 2-May-12 24-Mar-12 9-Apr-12 2-May-12 10-Aug-11 16-Jun-12 15-Feb-12 14-Mar-11 29-Dec-11 8-Dec-11 19-Mar-12 11-Jul-11 30-Nov-11 11-Jul-11 28-Apr-12 21-Feb-12 19-Jun-11 21-Apr-12 6-May-12 8-May-12 25-Mar-12 13-Nov-11 9-Apr-12 6-May-12 2-Apr-12 16-Jun-12 22-Apr-12 20-May-12 12-Jul-11 14-Dec-11 8-Apr-12 28-May-12 15-Nov-11 24-Apr-11 25-Apr-11 8-Jun-11 24-Apr-11 23-Mar-11 12-Jun-12 13-Oct-11 13-Oct-11 25-Aug-11 13-Jul-11 26-Jul-11 16-May-12 7-Mar-12 4-Jul-12 27-Mar-12 14-Sep-11 10-May-11

0.630 0.091 1.636 0.102 0.160 0.116 0.130 0.136 0.198 0.260 0.046 0.164 0.134 0.130 0.325 0.114 0.133 0.057 0.019 0.112 0.077 1.500 0.581 0.039 0.062 0.075 0.128 0.380 0.228 0.136 0.078 0.290 0.510 0.214 0.470 0.049 0.102 0.077 0.069 0.132 0.069 0.026 0.073 0.441 0.114 0.282 0.285 0.102 0.610 0.140 0.073 0.500 0.325 0.310 0.375 0.260 0.236 0.039 0.073 0.110 0.045 0.200 0.290 0.124 1.520 0.350 0.186 0.090 0.063 0.192 0.062 0.036 0.300

13-Jun-12 1-Jul-12 25-Jun-12 20-Nov-11 18-Jun-12 21-Aug-11 27-Jun-12 8-Jan-12 13-Nov-11 18-Jun-12 22-Aug-11 14-Aug-11 3-Jul-12 3-Jan-12 3-Jul-12 11-Mar-12 4-Dec-11 14-Aug-11 31-Mar-11 15-Jan-12 11-Aug-11 9-Jun-12 29-Dec-11 10-Jan-12 26-Jun-12 18-Jul-11 13-Feb-12 26-Jun-12 16-Jun-12 23-Aug-11 14-Sep-11 16-Jun-12 13-Jun-12 9-Aug-11 24-Nov-11 6-Feb-12 3-Jul-12 18-Feb-12 11-Aug-11 16-Jun-12 21-Aug-11 24-Aug-11 23-Jan-12 19-Jul-11 18-Oct-11 11-Feb-12 3-Nov-11 4-Jul-12 23-Aug-11 24-Jun-12 16-Aug-11 24-Jun-12 4-Sep-11 4-Jul-12 29-Aug-11 30-May-12 8-Feb-12 31-Mar-12 2-Jun-12 21-Jan-12 20-Feb-11 28-May-12 30-May-12 9-Aug-11 9-Jun-12 3-Mar-12 16-Jun-12 29-Sep-11 21-Aug-11 4-Jul-12 11-Aug-11 12-Jun-12 27-Mar-12

0.430 0.038 1.060 0.083 0.039 0.061 0.095 0.038 0.048 0.240 0.020 0.092 0.061 0.046 0.188 0.098 0.055 0.018 0.013 0.053 0.030 0.510 0.476 0.020 0.034 0.026 0.069 0.178 0.178 0.041 0.028 0.230 0.248 0.148 0.285 0.021 0.057 0.036 0.028 0.083 0.025 0.011 0.018 0.182 0.072 0.198 0.186 0.042 0.345 0.086 0.048 0.275 0.265 0.192 0.238 0.236 0.226 0.018 0.049 0.040 0.039 0.086 0.162 0.096 0.800 0.275 0.102 0.062 0.044 0.192 0.034 0.022 0.172

-0.24 2.09 1.20 1.11 0.00 1.84 0.97 1.85 2.00 0.00 2.10 0.67 1.41 0.63 -0.16 -0.03 1.09 2.62 2.05 0.78 1.91 0.72 0.22 0.55 1.80 1.45 0.88 0.51 0.27 1.30 0.54 0.23 0.69 1.23 0.24 0.94 0.81 1.20 2.21 0.31 2.11 2.02 1.72 0.96 1.31 2.50 0.33 0.35 0.69 1.74 1.63 0.53 0.20 0.63 0.92 0.00 1.38 -0.00 0.89 1.18 0.66 0.00 0.47 1.19 -0.15 0.00 1.91 1.17 1.53 0.00 0.88 1.01 0.67


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 42 69 116 224 158 77 25 39 37 33 60 160 88 25 14 339 322 67 73 355 78 44 347 20 11 280 188 197 37 15 50 308 107 24 495 25 106 324 105 36 81 288 46 215 64 304 34 44 326 53 74 68 158 52 123 451 29 63 19 254 35

0.059 0.028 0.152 0.118 0.248 0.033 0.034 0.140 0.050 0.028 0.085 0.102 0.112 0.033 0.126 0.108 0.260 0.325 0.021 0.120 0.029 0.067 0.305 0.099 0.030 0.860 0.071 0.106 0.100 0.036 0.152 0.335 0.600 0.063 0.275 0.058 0.114 0.130 0.072 0.156 0.022 0.228 0.085 0.104 0.095 0.226 0.039 0.025 0.085 0.039 0.058 0.090 0.090 0.126 0.415 0.110 0.246 0.106 0.049 0.430 0.098

0.00 1.85 0.00 0.00 0.81 0.00 0.00 6.06 3.13 -1.75 1.19 0.00 -1.75 -2.99 0.00 0.00 0.00 0.00 0.00 -1.64 0.00 3.08 8.93 0.00 1.69 0.00 0.00 6.00 0.00 -4.05 0.00 -1.47 0.00 0.00 1.85 1.75 0.00 0.00 0.00 -6.02 -2.22 -0.87 0.00 0.00 -5.00 -0.88 -1.27 0.00 0.00 0.00 -1.69 0.00 1.12 0.00 0.00 3.77 2.50 0.00 0.00 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 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 0 0 0 0 0 0 0 0 0 0

0 7 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 3 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 2 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0

1.7 14.6 4.1 7.3 0.8 0.0 -4.2 6.1 7.6 9.8 3.7 -3.8 -3.4 -7.1 0.0 5.9 -3.7 0.0 7.9 1.7 0.0 1.5 1.7 -1.0 -3.2 1.2 7.6 0.0 0.0 -1.4 0.0 3.1 0.0 0.0 3.8 -1.7 0.0 0.0 2.9 -16.1 -4.3 -5.0 49.1 2.0 -8.7 0.9 -3.7 0.0 -5.6 6.9 1.8 0.0 2.3 0.0 0.0 1.9 0.8 3.9 5.4 0.0 0.0

-1.7 71.9 -31.5 1.7 36.3 0.0 7.9 20.7 -14.7 14.3 -16.7 2.0 6.9 -36.3 -18.2 -37.2 -7.1 0.4 46.4 -6.3 -49.9 -1.5 6.8 15.1 -20.0 21.1 7.6 -14.5 -25.4 -40.8 -3.8 42.7 9.1 -32.0 32.2 -21.6 -50.4 0.0 63.6 -13.3 29.4 -1.5 25.0 -13.3 -16.7 -1.7 -33.9 0.0 -6.6 24.2 34.9 -16.7 -11.8 0.0 38.3 10.0 -27.6 -10.2 21.0 11.7 -10.9

PE (x) 0.00 0.00 21.76 17.64 9.41 0.00 0.00 0.00 0.00 0.00 8.30 0.00 8.27 47.86 7.41 0.00 17.82 8.93 0.00 0.00 0.00 19.23 24.01 10.53 0.00 14.30 29.83 12.17 23.92 0.00 0.00 12.63 13.75 0.00 16.84 0.00 0.00 0.00 0.00 9.12 0.00 18.99 NM 0.00 7.26 19.57 0.00 0.00 NM 0.00 11.87 12.42 23.73 5.64 8.28 5.05 29.85 10.27 22.17 13.13 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 0.8 0.7 1.0 0.1 0.4 0.6 0.4 0.3 0.6 0.9 0.7 0.2 1.1 0.5 1.1 1.4 0.7 0.6 0.6 0.6 2.2 0.7 0.6 1.2 0.5 1.0 0.7 0.2 0.9 1.9 2.7 0.7 1.1 0.6 0.6 1.7 0.3 0.7 0.4 1.9 0.9 1.5 0.9 0.9 0.4 1.1 0.9 0.4 0.5 0.6 0.4 1.0 1.1 0.6 1.6 0.4 0.5 2.2 0.0

0.0 0.0 0.0 0.0 5.3 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4.4 0.0 0.0 0.0 3.8 7.7 0.0 0.0 0.0 0.0 0.0 9.3 0.0 7.6 7.0 9.4 5.0 0.0 0.0 0.0 4.5 0.0 5.6 0.0 0.0 0.0 4.7 5.7 0.0 0.0 0.0 0.0 0.0 3.5 0.0 0.0 4.4 0.0 9.0 7.4 0.0 4.0 7.2 4.7 2.1 4.9 0.0 3.5 0.0

1-Dec-11 8-May-12 24-Aug-11 16-Oct-11 18-Apr-12 21-Feb-11 29-May-12 16-May-12 7-Jul-11 28-Feb-12 7-Sep-11 2-Oct-11 21-Apr-12 19-May-12 2-Jun-12 10-Jul-11 14-Mar-12 16-May-12 8-May-12 13-Nov-11 14-Mar-11 27-May-12 23-Jun-12 27-May-12 14-Jul-11 26-Jul-11 18-Mar-12 29-Apr-12 23-Nov-11 20-Jul-11 30-Oct-11 22-Jan-12 11-Sep-11 4-Jul-11 4-Jul-12 27-Dec-11 27-Sep-11 NA 21-Feb-12 23-Apr-12 22-Feb-12 26-Sep-11 19-Mar-12 3-Nov-11 9-Oct-11 13-Jul-11 18-Apr-12 NA 27-Dec-11 13-Mar-12 11-Mar-12 13-Feb-12 14-Jul-11 20-May-12 6-Jun-12 18-Mar-12 13-Mar-12 28-Jan-12 29-May-12 5-Sep-11 4-May-11

0.073 0.044 0.230 0.138 0.305 0.082 0.043 0.144 0.077 0.042 0.136 0.220 0.164 0.072 0.285 0.236 0.325 0.385 0.026 0.172 0.074 0.077 0.370 0.140 0.063 1.220 0.085 0.128 0.134 0.140 0.224 0.422 0.900 0.119 0.275 0.078 0.230 0.000 0.097 0.216 0.036 0.264 0.089 0.140 0.116 0.265 0.070 0.000 0.095 0.047 0.074 0.122 0.132 0.146 0.430 0.120 0.415 0.148 0.095 0.490 0.138

9-Apr-12 14-Jan-12 4-Jun-12 15-Aug-11 21-Aug-11 31-Mar-11 20-Nov-11 19-Feb-12 26-Jun-12 24-Jan-12 13-Feb-12 9-Apr-12 22-Aug-11 17-Aug-11 13-Jun-12 30-Jun-12 13-Jun-12 13-Jul-11 15-Aug-11 22-Aug-11 7-Mar-11 16-Aug-11 13-May-12 28-Dec-11 13-Jun-12 22-Jan-12 19-Jul-11 4-Jul-12 23-Jun-12 2-Jul-12 14-Apr-12 14-Dec-11 7-Jan-12 28-May-12 8-Jan-12 1-Nov-11 4-Jun-12 NA 17-Nov-11 26-Oct-11 4-Jan-12 14-May-12 25-Jun-12 23-Aug-11 4-Jul-12 5-Oct-11 4-Jul-12 NA 14-Nov-11 2-Oct-11 21-Aug-11 16-Jun-12 15-Apr-12 30-May-12 28-Jan-12 9-Aug-11 24-Jun-12 27-Jun-12 23-Jun-12 7-Jan-12 2-Apr-12

0.049 0.015 0.114 0.091 0.154 0.033 0.029 0.102 0.044 0.022 0.079 0.084 0.096 0.028 0.126 0.100 0.244 0.286 0.011 0.056 0.052 0.050 0.242 0.081 0.026 0.640 0.048 0.100 0.100 0.033 0.122 0.200 0.510 0.060 0.200 0.049 0.102 0.000 0.043 0.162 0.015 0.198 0.057 0.093 0.100 0.212 0.037 0.000 0.079 0.030 0.040 0.089 0.079 0.116 0.265 0.074 0.232 0.099 0.040 0.345 0.094

0.94 2.71 0.43 1.69 1.78 2.44 1.48 1.72 1.74 2.15 0.45 0.34 1.43 0.30 0.00 1.32 0.89 0.26 1.59 1.54 1.93 1.12 0.24 1.52 0.79 1.37 1.63 0.94 0.00 0.00 0.88 0.00 0.52 0.96 1.03 0.96 0.61 1.05 1.15 0.54 1.66 0.44 2.05 1.14 1.37 0.56 0.96 1.60 0.49 0.63 1.53 0.01 1.47 0.05 0.42 1.13 0.12 0.57 1.27 0.65 0.00

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KD05072012