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Kuwait Financial Centre “Markaz” Kuwait Watch Market Commentary The Kuwait Market Price Index closed on a positive note at 5,864 points, a gain of 0.23%. The Weighted Index closed at 403.37, a loss of 0.22%. 31 stocks advanced while 40 declined. The Investment Index witnessed highest volume traded at 140.8 Mn and the highest value traded at KD 10.7 Mn. Most indices were positive. Foreign Index was the top gainer, up 2.46%. Insurance Index was the top loser, down 1.05%. Blue chips were either flat or negative. AL AHLI BANK was the top loser, down 1.52%, closing at KD 0.65. Kuwait Indices Index KSE Index Banking Investment Insurance Real Estate Industrial Services Food Foreign Volume & Value Index

M. Cap Last % Kd Bn Close Change 29.33 5,864 0.23 12.96 11,259 0.04 2.26 3,674 -0.31 0.31 2,595 -1.05 1.76 2,034 -0.15 2.17 4,146 0.04 7.42 13,276 0.37 0.70 4,251 1.15 1.75 5,812 2.46

MTD (%) -0.09 -2.14 -0.33 -0.66 -0.82 -0.70 0.57 -0.12 3.67

YTD 2011 (%) (%) 0.86 -16 -0.39 -5 3.06 -27 -4.07 0 -0.08 -14 -1.87 -21 0.18 -13 -1.79 -7 13.64 -30

PE

PB

20 30 8 13 16 20 10 14 14

2 2 1 1 1 1 2 2 1

% Change

Value (Mn)

420.3 3.3 140.8 0.3 64.8 3.0 111.8 2.6 93.7 0.0

0.23 0.04 -0.31 -1.05 -0.15 0.04 0.37 1.15 2.46 0.00

33.0 3.0 10.7 0.2 3.8 0.6 9.2 0.3 5.3 0.0

Volume % Chg Traded in Price (Mn)

GULF FIN HOUSE 68.8 INT FIN ADVISORS 46.4 HITS TELECOM HLD 40.7 ABYAAR REAL EST 39.0 AL SAFAT INV 23.6 ALMADINA FIN&INV 22.0 AL SAFAT ENERGY 20.8 EKTTITAB HLDG CO 19.8 AL SAFWA GRP 19.8 KWT REAL EST 7.9 Corporate Earnings Watch

WTD (%) 0.14 -1.80 -0.41 -0.45 -0.14 -0.47 0.71 0.78 3.42

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

9 February, 2012

Market Breadth

7.1 -4.9 5.3 8.2 3.0 1.3 5.2 0.0 0.0 -1.9

Most Active Value HITS TELECOM HLD GULF FIN HOUSE INT FIN ADVISORS EKTTITAB HLDG CO ALMADINA FIN&INV NATIONAL BANK KT AL SAFAT INV REMAL REAL EST ABYAAR REAL EST AL SALAM GRP HLD

Value Traded % Chg in (Kd Price Mn) 4.8 5.3 3.5 7.1 2.7 -4.9 2.2 0.0 1.8 1.3 1.7 0.0 1.6 3.0 1.4 -1.6 1.3 8.2 1.1 2.0

Earnings Company Name

Type

Country

Gulf Medical Projects Co Union Nat Bank

12M

UAE

AED(Mn)

12M

UAE

AED(Mn)

1,500

Saudi Rs’ch & Mktng

12M

Saudi

SAR(Mn)

100

Currency

LFY

87

PFY

51 1,351 84

% Chg

70 11 19

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 214 31 9 1 60 11 51 4 40 5 28 2 13 7 7 0 6 1

Companies GULF PETROL INV UMM ALQAIWAIN ABYAAR REAL EST REAL EST TRADE SHARJAH CEMENT BOUBYAN INTER GULF FIN HOUSE UTD FOODSTUFF GULF CEMENT FUJAIRAH CEMENT Top Losers Companies

Number of Un-changed Declines 40 3 12 10 8 5 1 1 0

143 5 37 37 27 21 5 6 5

Last Close

% Gain 1 Day

MTD (%)

YTD (%)

0.056 0.063 0.033 0.070 0.071 0.075 0.053 0.390 0.089 0.092

9.80 8.62 8.20 7.69 7.58 7.14 7.07 6.85 5.95 5.75

16.7 23.5 6.5 42.9 18.3 2.7 11.6 14.7 14.1 13.6

72.3 46.5 25.0 16.7 61.4 -14.8 30.9 14.7 43.5 95.7

Last Close 0.450 0.110 0.058 0.012 0.012 0.198 0.026 0.270 0.114 0.114

% Loss 1 Day -5.26 -5.17 -4.92 -4.17 -4.17 -3.88 -3.77 -3.57 -3.39 -3.39

MTD (%)

YTD (%)

AHLEIA INS CO -6.3 -13.5 INTL FINANCE CO -8.3 7.8 INT FIN ADVISORS 11.5 45.0 ALAHLEIA HLD CO -4.2 -8.0 INVESTORS HLDING -4.2 -8.0 BURGAN DRILLING -5.7 -6.6 FIRST DUBAI R.E -3.8 0.0 HUMAN SOFT HLDNG -3.6 -3.6 ALIMTIAZ INV CO -6.6 -13.6 FIRST INVESTMENT 0.0 1.8 Derivatives Top Strike Premium Avg Traded Volume Options Traded Expiry Price(KD) Bid(KD) Ask(KD) Price (KD) (000’s) IFA(Sett) 29-Mar 0.058 0.006 0.008 0.058 75 IFA(Sett) 23-Feb 0.058 0.004 0.006 0.058 75 NINV(Purch) 29-Mar 0.168 0.011 0.013 0.164 50 PIPE(Purch) 29-Mar 0.128 0.008 0.01 0.12 50 URC(Purch) 29-Mar 0.106 0.006 0.008 0.104 50 Source: Forsa fund, an open ended fund managed by Markaz, is the sole market maker for Options in Kuwait Interest Rate (Deposit Rate) Diff FY10 Diff Period Kuwait rate US Rate (US – KW) (US – KW) 1M 0.38 0.35 -0.03 -0.08 2M 0.29 0.26 -0.03 -0.06 3M 0.33 0.31 -0.02 -0.04 6M 1.00 0.71 -0.29 0.02 Last FOMC Meeting Date: Jan 24-25 Next FOMC Meet. Date: Mar 13 Blue Chips (Top 10)

Companies Kuwait (KWD) ZAIN NAT 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 %

3.75 4.67 2.31 1.22 0.28 0.90 0.40 1.01 0.93 0.95

0.860 1.180 0.850 0.485 0.216 0.710 0.380 1.980 0.188 0.650

-1.15 0.00 -1.16 0.00 0.00 0.00 0.00 -1.00 0.00 -1.52

% M T D 2.38 0.00 -1.16 -1.02 -3.57 -5.33 2.70 -1.00 -1.05 -4.41

% Y T D -4.44 5.36 -5.56 -4.90 -16.92 -10.13 1.33 2.06 0.00 -1.52

2011 %

-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) 12.02 15.37 28.81 33.04 0.00 32.10 0.00 2.88 11.17 18.70

1.88 2.01 1.80 2.82 0.71 1.67 0.45 1.26 1.34 1.94


Kuwait Stock Statistics

Name Large Caps AHLI UNITED BANK AUBK BAHRAIN AL AHLI BANK BOUBYAN BANK BURGAN BANK COMMERCIAL BANK GULF BANK GULF CABLE IND 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 BOUBYAN PETROCH. COMBINED GROUP COMMERCIAL R.E. E K HOLDING IFA HTLS&RESORTS KUWAIT INT BANK NATIONAL INV CO 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 ABRAJ HOLDING 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)

3,456 3,340 3,432 3,658 2,442 3,259 4,388 1,091 1,035 8,344 2,060 1,493 1,704 1,028 3,637 16,850 1,435 13,521

0.870 0.188 0.650 0.580 0.460 0.710 0.485 1.440 0.440 0.850 1.420 0.325 0.850 0.216 1.980 1.180 0.380 0.860

2.35 0.00 -1.52 0.00 0.00 0.00 0.00 0.00 -2.22 -1.16 0.00 0.00 0.00 0.00 -1.00 0.00 0.00 -1.15

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

0 1 0 0 0 0 0 0 0 1 0 1 0 0 0 1 1 0

-3.3 -1.1 -4.4 0.0 0.0 -5.3 -1.0 -1.4 -2.2 -1.2 -1.4 3.2 -1.2 -3.6 -1.0 0.0 2.7 2.4

10.1 0.0 -1.5 -1.7 -3.2 -10.1 -4.9 1.4 -4.3 -5.6 -4.1 6.6 -1.2 -16.9 2.1 5.4 1.3 -4.4

26.88 11.17 18.70 126.09 13.33 32.10 33.04 8.20 20.21 28.81 11.31 10.10 23.95 0.00 2.88 15.37 0.00 12.02

3.8 1.3 1.9 4.2 1.5 1.7 2.8 1.7 2.1 1.8 2.0 0.8 3.3 0.7 1.3 2.0 0.4 1.9

1.6 3.7 3.0 0.0 0.0 0.0 0.0 4.5 2.2 2.3 4.6 6.2 0.0 0.0 2.5 3.4 10.5 23.0

14-Sep-11 13-Feb-11 19-May-11 4-May-11 12-May-11 21-Mar-11 15-May-11 10-Feb-11 10-Feb-11 13-Feb-11 14-Mar-11 27-Apr-11 17-May-11 13-Feb-11 21-Jul-11 10-Feb-11 10-Feb-11 13-Mar-11

1.000 0.226 0.690 0.620 0.560 0.980 0.580 1.840 0.657 1.148 1.660 0.430 0.910 0.350 2.080 1.291 0.460 1.460

2-Mar-11 10-Jan-12 23-Aug-11 18-Jul-11 3-Mar-11 8-Feb-12 3-Mar-11 10-Jan-12 24-Jan-12 7-Feb-12 2-Mar-11 11-Jan-12 3-Mar-11 14-Aug-11 3-Mar-11 22-Aug-11 15-Aug-11 31-Jan-12

0.695 0.184 0.610 0.560 0.395 0.710 0.430 1.380 0.435 0.840 1.300 0.285 0.545 0.192 1.580 0.990 0.246 0.840

0.60 1.14 0.53 0.76 1.34 0.32 0.83 1.30 1.13 1.06 1.32 1.39 1.53 1.94 0.49 0.85 1.11 1.15

830 980 537 523 948 729 921 512 849 682

0.295 0.560 1.560 0.079 0.300 0.420 0.244 0.164 0.212 0.228

0.00 0.00 1.30 0.00 5.26 0.00 -0.81 1.23 -0.93 0.00

0 0 0 0 0 0 0 0 0 0

1 0 0 0 0 0 0 1 0 0

-1.7 0.0 0.0 0.0 1.7 -6.7 -1.6 -2.4 -1.9 3.6

-6.3 0.0 -1.3 2.6 20.0 -11.6 -4.3 -4.7 -0.9 16.3

4.92 10.98 18.29 16.19 8.07 0.00 19.46 0.00 12.97 60.04

1.6 1.2 4.1 0.6 1.4 4.2 1.3 0.7 1.1 1.2

3.4 6.3 4.5 0.0 7.3 0.0 0.0 0.0 0.0 0.0

10-Feb-11 25-Jul-11 10-Feb-11 14-Sep-11 15-Feb-11 8-Dec-11 10-Feb-11 13-Feb-11 10-Oct-11 31-Mar-11

0.400 0.620 2.018 0.082 0.390 0.510 0.355 0.440 0.228 0.380

9-Jan-12 8-Mar-11 23-Oct-11 2-Mar-11 14-Jan-12 21-Nov-11 17-Jan-12 23-Jan-12 2-Mar-11 26-Dec-11

0.270 0.470 1.300 0.061 0.248 0.285 0.234 0.158 0.166 0.166

1.04 1.33 1.23 0.73 1.35 0.67 1.19 1.38 1.12 0.45

166 79 122 181 346 309 73 21 111 86 154 68 25 152 45 79 33 22 106 184 87 73 177 178 36 52 27 483 111 117 97 68 118 42 76 95 53 42 254 199 55 33 105

0.071 0.055 0.033 0.210 0.640 0.450 0.112 0.025 0.116 0.031 0.095 0.051 0.043 0.063 0.130 0.224 0.077 0.019 0.051 0.068 0.059 0.016 0.208 0.158 0.012 0.029 0.017 0.114 0.350 0.081 0.051 0.076 0.140 0.064 0.091 0.132 0.029 0.090 0.095 0.052 0.064 0.228 0.325

0.00 0.00 8.20 -0.94 0.00 -5.26 0.00 0.00 0.00 -3.13 0.00 0.00 0.00 -3.08 0.00 0.00 0.00 0.00 5.15 3.03 -1.67 0.00 1.96 0.00 -4.17 -1.69 0.00 -3.39 0.00 1.25 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4.65 1.06 0.00 0.00 0.00 0.00

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

0 1 39 0 0 0 0 0 0 2 0 0 0 0 0 0 0 0 21 24 7 20 5 0 7 3 0 1 0 22 3 0 0 0 0 0 0 0 0 0 0 0 0

0.0 -1.8 6.5 0.0 0.0 -6.3 -9.7 0.0 -1.7 3.3 0.0 0.0 0.0 -3.1 0.0 1.8 -6.1 -9.5 7.4 -9.3 1.7 6.9 5.1 -4.8 -4.2 -15.9 -5.7 -6.6 6.1 15.7 -1.9 -5.0 0.0 0.0 1.1 0.0 -3.3 0.0 -2.1 0.0 0.0 -0.9 0.0

0.0 0.0 25.0 -6.3 0.0 -13.5 -13.8 0.0 -19.4 12.7 -1.0 0.0 0.0 1.6 0.0 1.8 -16.3 0.0 13.3 -9.3 1.7 6.9 100.0 1.3 -8.0 1.8 13.8 -13.6 6.1 113.2 0.0 -7.3 12.9 0.0 1.1 0.0 -4.9 -2.2 -10.4 0.0 -12.3 -0.9 0.0

0.00 125.00 0.00 0.00 22.96 9.66 0.00 0.00 6.60 0.00 38.78 0.00 0.00 0.00 6.91 20.85 6.90 0.00 0.00 0.00 0.00 0.00 0.00 9.19 0.00 0.00 1.22 0.00 9.98 0.00 0.00 3.94 28.69 0.00 0.00 0.00 9.42 20.24 0.00 0.00 11.09 19.73 9.55

10.3 0.3 0.3 0.7 2.9 1.1 0.3 0.2 0.5 0.3 0.8 0.7 0.5 0.3 0.8 1.3 0.6 0.3 0.5 0.8 0.6 0.8 2.3 0.5 0.3 0.7 0.4 0.6 1.4 0.5 0.5 0.4 1.2 0.7 0.9 0.4 0.2 0.6 1.0 0.4 0.6 1.1 1.4

0.0 0.0 0.0 4.7 0.0 5.3 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 5.4 0.0 6.1 0.0 0.0 0.0 0.0 0.0 0.0 3.8 0.0 0.0 0.0 0.0 5.7 0.0 0.0 6.3 0.0 0.0 0.0 15.8 0.0 0.0 0.0 0.0 7.2 10.9 0.0

NA 14-Feb-11 9-May-11 13-Feb-11 11-Apr-11 29-Dec-11 7-Jun-11 NA 10-Feb-11 22-May-11 26-Apr-11 28-Sep-10 26-Oct-10 14-Feb-11 14-Nov-11 10-Jul-11 25-Dec-11 15-May-11 24-May-11 18-Oct-11 3-Oct-11 10-May-11 7-Feb-12 10-Feb-11 13-Feb-11 10-Feb-11 6-Jun-11 15-May-11 6-Dec-10 8-Feb-12 13-Feb-11 19-Apr-11 18-Jan-12 16-Dec-10 16-Jan-12 16-Feb-11 13-Feb-11 1-Mar-11 23-Mar-11 20-Jan-11 3-Jan-12 14-Apr-11 NA

0.000 0.074 0.038 0.348 0.680 0.520 0.144 0.000 0.202 0.039 0.126 0.055 0.046 0.118 0.130 0.240 0.098 0.040 0.066 0.089 0.067 0.023 0.208 0.236 0.019 0.052 0.024 0.222 0.385 0.083 0.114 0.108 0.164 0.087 0.090 0.172 0.040 0.142 0.146 0.082 0.078 0.285 0.000

NA 28-Jan-12 5-Feb-12 18-Jan-12 8-Sep-11 29-Mar-11 18-Aug-11 NA 18-Dec-11 11-Aug-11 29-Dec-11 11-Nov-10 29-Nov-10 24-Aug-11 7-Mar-11 28-Dec-11 5-Dec-11 22-Nov-11 11-Aug-11 3-Mar-11 11-Apr-11 23-Aug-11 28-Aug-11 29-Sep-11 18-Jul-11 14-Jan-12 15-Aug-11 8-Feb-12 10-Feb-11 14-Aug-11 22-Aug-11 20-Jul-11 29-Aug-11 28-Mar-11 25-Dec-11 24-Jul-11 8-Mar-11 8-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 0.000 0.106 0.019 0.093 0.051 0.043 0.051 0.110 0.220 0.070 0.019 0.032 0.051 0.024 0.013 0.029 0.146 0.011 0.022 0.013 0.112 0.350 0.028 0.039 0.064 0.063 0.064 0.089 0.132 0.026 0.085 0.085 0.049 0.051 0.204 0.000

1.67 0.89 2.27 1.18 -1.07 0.28 0.80 2.12 1.42 0.36 0.68 1.32 0.00 1.38 0.11 0.00 0.00 1.79 1.62 2.63 2.02 2.19 2.35 1.56 1.23 1.13 1.69 0.00 0.00 2.07 2.24 1.17 0.00 0.00 0.33 0.20 1.94 1.46 2.00 1.43 0.54 1.79 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 COM. FACILITIES 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 GLFINVST INTL 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 IKARUS PETRO IND INDEPEN. PETROL INDUST INVEST CO INJAZZAT RE EST INOVEST BSC INT FIN ADVISORS INTL FINANCE CO INTL INV GROUP INTL LEASNG &INV 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 NTL AIRWAYS KWT PACKING MAT KWT PIPES IND

Market Cap Last Value % Price % Price ( Mn Closing % Traded Volume Change Change Dollars) Price Change (Kd Mn) (Mn) MTD YTD 51 76 156 216 120 494 30 83 96 97 91 26 103 96 277 44 76 85 44 8 15 230 24 235 172 204 360 38 25 40 24 186 52 297 39 115 465 162 37 90 92 158 336 74 102 24 46 175 365 39 223 232 48 137 97 159 221 196 43 60 29 24 75 7 48 32 14 58 207 394 34 46 99

0.035 0.075 0.198 0.560 0.053 0.255 0.093 0.150 0.092 0.110 0.110 0.053 0.240 0.026 0.114 0.112 0.092 0.295 0.106 0.017 0.021 0.049 0.018 0.089 0.053 1.400 0.510 0.024 0.047 0.056 0.071 0.315 0.206 0.120 0.036 0.270 0.172 0.280 0.022 0.071 0.040 0.058 0.110 0.080 0.094 0.044 0.012 0.019 0.460 0.074 0.218 0.236 0.050 0.500 0.100 0.055 0.485 0.265 0.280 0.275 0.260 0.218 0.027 0.063 0.046 0.026 0.128 0.280 0.104 0.990 0.019 0.370 0.120

-2.82 7.14 -3.88 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -3.77 -3.39 0.00 5.75 0.00 0.00 0.00 0.00 0.00 0.00 5.95 7.07 0.00 0.00 0.00 0.00 9.80 0.00 0.00 0.00 5.26 0.00 -3.57 0.00 0.00 0.00 -1.39 3.95 -4.92 -5.17 0.00 0.00 1.15 -4.17 -2.63 0.00 0.00 -2.68 0.00 0.00 0.00 -1.96 0.00 0.00 0.00 0.00 3.77 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -1.64

0 0 0 0 0 0 0 0 0 0 2 0 0 0 0 0 0 0 0 0 0 0 0 0 4 0 0 0 0 0 0 0 0 5 0 0 0 0 0 0 0 3 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 1 0 0 0 3 0 20 0 0 0 1 0 1 0 0 0 0 0 0 2 69 0 0 0 0 5 0 0 0 41 0 0 0 0 0 0 6 46 2 0 0 4 3 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

4.5 2.7 -5.7 5.7 -5.4 0.0 0.0 7.1 -2.1 0.0 32.5 -1.9 0.0 -3.8 0.0 9.8 13.6 1.7 1.9 -8.3 0.0 0.0 0.0 14.1 11.6 0.0 -8.9 0.0 0.0 16.7 -4.1 -3.1 0.0 23.7 0.0 -3.6 1.2 -5.1 -2.3 -4.1 0.0 11.5 -8.3 0.0 0.0 7.3 -4.2 -2.6 0.0 -1.3 -7.6 -3.3 0.0 -12.3 -3.8 1.9 5.4 -7.0 9.8 1.9 0.0 -3.5 1.9 -7.4 -5.2 0.0 0.0 0.0 -1.9 -2.9 0.0 23.3 -4.8

9.5 -14.8 -6.6 5.7 -1.9 -1.9 0.0 7.1 -4.2 0.0 150.0 0.0 -7.7 0.0 1.8 -16.4 95.7 -1.7 -7.0 -10.8 0.0 0.0 0.0 43.5 30.9 14.8 -8.9 9.1 0.0 72.3 -12.3 -7.4 -4.6 122.2 0.0 -3.6 1.2 -18.8 -40.3 -6.6 0.0 45.0 7.8 0.0 0.0 15.8 -8.0 -2.6 1.1 -12.9 -9.2 -3.3 0.0 -3.8 -2.0 0.0 5.4 -18.5 9.8 -9.8 0.0 -3.5 -7.0 -7.4 -12.5 0.0 0.0 0.0 -1.9 0.0 0.0 23.3 -7.7

PE (x) 0.00 106.06 21.33 70.76 0.00 12.07 0.00 0.00 112.20 0.00 0.00 0.00 10.19 0.00 0.00 0.00 0.00 12.98 35.25 0.00 0.00 0.00 0.00 0.00 0.00 22.15 14.42 0.00 0.00 19.69 0.00 7.84 11.85 0.00 0.00 16.77 13.36 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 8.99 14.37 6.77 0.00 0.00 6.11 0.00 0.00 18.97 15.29 23.35 11.06 13.32 35.96 0.00 0.00 0.00 0.00 18.85 0.00 0.00 19.97 0.00 17.38 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 0.4 0.8 2.2 0.8 0.9 1.1 1.2 0.7 0.9 1.2 0.5 1.3 0.4 0.9 1.4 0.0 1.6 0.6 0.6 0.0 3.1 1.7 0.7 0.7 3.9 1.5 0.5 0.4 0.5 0.7 1.7 0.9 0.9 0.7 1.5 0.9 0.8 0.3 0.5 0.0 0.4 0.8 0.9 0.0 0.5 0.3 0.3 4.1 0.4 1.2 0.8 0.4 1.4 0.5 0.6 1.2 1.1 2.0 1.1 2.2 1.4 0.3 1.1 0.3 0.0 0.8 2.5 0.6 2.4 0.4 1.3 1.1

0.0 0.0 0.0 0.0 0.0 8.6 0.0 0.0 5.4 0.0 0.0 0.0 7.7 0.0 0.0 0.0 0.0 8.6 0.0 0.0 0.0 0.0 0.0 8.9 0.0 2.9 4.5 0.0 10.8 0.0 14.1 3.2 4.9 0.0 0.0 0.0 0.0 10.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2.2 0.0 0.0 3.8 0.0 0.0 4.3 7.1 5.1 1.9 6.0 0.0 0.0 0.0 0.0 0.0 9.4 0.0 0.0 3.7 0.0 6.7 0.0

10-Feb-11 11-Apr-11 19-May-11 23-Nov-11 10-Feb-11 14-Apr-11 15-Jan-12 28-Dec-10 22-Jan-12 6-Mar-11 8-Feb-12 27-Apr-11 23-Jan-11 13-Feb-11 15-Nov-11 29-Dec-11 8-Feb-12 15-Feb-11 19-Jan-11 16-Feb-11 NA 12-Jan-11 3-Nov-10 10-Feb-11 19-Jun-11 28-Jan-12 3-Mar-11 10-Feb-11 9-Feb-11 8-Feb-12 28-Apr-11 10-Aug-11 22-May-11 7-Feb-12 27-Dec-10 10-Mar-11 5-Feb-12 24-Mar-11 30-Nov-11 2-May-11 10-Feb-11 13-Feb-11 7-Mar-11 NA NA 19-May-11 13-Feb-11 13-Feb-11 21-Jan-12 2-Feb-11 15-May-11 2-Feb-11 24-Oct-10 30-Jan-12 16-May-11 11-May-11 15-Feb-11 9-Feb-11 9-Feb-11 26-Apr-11 15-Nov-11 24-Apr-11 31-Mar-11 16-Mar-11 3-Feb-11 7-Oct-10 24-Nov-10 13-Oct-11 10-Feb-11 25-Aug-11 4-Oct-10 21-Apr-11 10-Feb-11

0.050 0.126 0.420 0.630 0.120 0.395 0.093 0.295 0.110 0.255 0.114 0.071 0.320 0.034 0.124 0.134 0.087 0.360 0.132 0.034 0.000 0.062 0.024 0.122 0.090 1.500 0.676 0.052 0.078 0.051 0.144 0.380 0.242 0.118 0.142 0.300 0.180 0.485 0.049 0.114 0.102 0.064 0.285 0.000 0.000 0.049 0.021 0.034 0.480 0.122 0.295 0.325 0.080 0.570 0.160 0.075 0.709 0.435 0.335 0.427 0.260 0.236 0.041 0.207 0.126 0.061 0.176 0.290 0.134 1.520 0.086 0.385 0.265

29-Aug-11 22-Jan-12 5-Feb-12 22-Dec-11 29-Aug-11 31-Jan-12 20-Nov-11 16-Nov-11 21-Aug-11 4-Nov-10 8-Jan-12 13-Nov-11 14-Jan-12 22-Aug-11 2-Mar-11 18-Jul-11 3-Jan-12 23-Oct-11 1-Nov-11 4-Dec-11 NA 14-Aug-11 31-Mar-11 15-Jan-12 11-Aug-11 10-May-11 29-Dec-11 10-Jan-12 9-Jan-12 18-Jul-11 8-Feb-12 7-Mar-11 13-Oct-11 23-Aug-11 14-Sep-11 29-Dec-11 30-Mar-11 24-Nov-11 6-Feb-12 17-Jan-12 8-Feb-12 11-Aug-11 8-Aug-11 NA NA 21-Aug-11 24-Aug-11 23-Jan-12 16-Mar-11 18-Oct-11 21-Feb-11 3-Nov-11 20-Apr-11 23-Aug-11 17-Jan-12 16-Aug-11 14-Dec-11 4-Sep-11 10-Oct-11 29-Aug-11 15-Sep-11 8-Feb-12 20-Dec-11 7-Feb-12 21-Jan-12 20-Feb-11 12-Jul-11 7-Jun-11 18-Apr-11 25-Apr-11 15-May-11 14-Nov-11 21-Nov-11

0.026 0.069 0.190 0.530 0.048 0.250 0.083 0.140 0.061 0.072 0.038 0.048 0.260 0.020 0.091 0.065 0.046 0.285 0.102 0.015 0.000 0.018 0.013 0.053 0.030 0.680 0.500 0.020 0.047 0.027 0.071 0.270 0.202 0.041 0.028 0.280 0.130 0.285 0.021 0.060 0.038 0.028 0.088 0.000 0.000 0.025 0.011 0.018 0.106 0.072 0.221 0.230 0.049 0.345 0.095 0.048 0.460 0.265 0.255 0.250 0.250 0.226 0.020 0.063 0.040 0.024 0.128 0.246 0.095 0.810 0.019 0.300 0.114

1.56 0.00 0.67 -0.28 2.23 0.47 1.03 0.51 1.85 0.91 2.04 1.78 0.00 2.04 0.69 0.59 0.54 -0.20 -0.14 0.89 1.74 2.51 1.95 0.82 1.80 0.55 0.29 0.37 0.00 1.27 0.73 0.62 0.29 1.40 0.52 0.21 1.28 0.20 0.87 0.85 1.05 2.19 0.50 2.17 2.06 2.01 1.82 1.46 0.94 1.27 3.06 0.33 0.34 0.77 1.54 1.44 0.50 0.22 0.54 0.99 0.00 1.34 -0.02 0.95 1.08 0.63 0.76 0.59 1.17 -0.10 -0.28 0.38 1.99


Market Cap Last Value % Price % Price ( Mn Closing % Traded Volume Change Change Dividend 52 Week Name Dollars) Price Change (Kd Mn) (Mn) MTD YTD PE (x) PB (x) yield (%) High Date Small Caps KWT R.E.HOLDING 40 0.033 0.00 0 0 -7.0 -13.2 0.00 0.5 0.0 29-Dec-11 KWT REAL EST 177 0.053 -1.85 0 8 3.9 10.4 0.00 0.4 0.0 13-Feb-11 KWT REINSURANCE 87 0.202 0.00 0 0 0.0 0.0 0.00 0.7 2.9 9-Nov-10 KWT RESORTS 30 0.043 0.00 0 0 -3.4 -8.6 0.00 0.5 0.0 15-Nov-11 KWT SYRIAN HLDG 29 0.027 -1.85 0 0 -1.9 -3.6 0.00 0.3 0.0 10-Feb-11 LIVESTOCK T.T CO 152 0.194 0.00 0 0 -5.8 -12.6 0.00 1.1 0.0 22-Mar-11 MANAFAE INVEST 40 0.051 0.00 0 0 -15.0 -15.0 0.00 0.5 0.0 1-Dec-11 MANAZEL HOLDING 45 0.017 -2.86 0 1 -5.6 6.3 0.00 0.3 0.0 6-Jun-11 MARINE SRVC IND 136 0.182 0.00 0 0 0.0 -18.0 343.40 0.9 2.7 24-Jan-11 MARKAZ 199 0.102 -1.92 0 0 -1.9 -12.1 200.00 0.7 9.6 23-Feb-11 MASHAER HOLDING 124 0.186 -3.13 0 0 -3.1 2.2 0.00 0.8 0.0 2-Nov-11 Mena Hold 77 0.033 0.00 0 0 0.0 0.0 2.22 0.1 0.0 7-Oct-10 MENA REAL ESTATE 23 0.028 0.00 0 0 -14.1 -12.7 0.00 0.3 0.0 30-Jan-11 METAL &RECYCLING 31 0.104 0.00 0 0 0.0 -10.3 0.00 0.4 0.0 20-Feb-11 MUBARRAD TRANS 41 0.054 1.89 0 2 -5.3 -6.9 0.00 0.4 0.0 21-Mar-11 MUNSHAAT REAL ES 26 0.023 4.55 0 0 -13.2 -6.1 0.00 0.2 0.0 5-Jul-11 MUSHRIF TRD&CONT 60 0.081 -2.41 0 2 -9.0 -20.6 18.57 0.6 0.0 22-Mar-11 NAFAIS HLDING CO 152 0.104 0.00 0 0 4.0 4.0 6.35 0.9 0.0 2-Oct-11 NAT CLEANING 92 0.120 -3.23 0 1 -4.8 9.1 8.64 1.1 0.0 22-Mar-11 NAT INTL HOLDING 39 0.055 0.00 0 0 7.8 7.8 0.00 0.3 0.0 28-Dec-10 NAT SLAUGHTER HS 16 0.162 0.00 0 0 5.2 5.2 10.40 1.3 5.2 11-Aug-11 NATL IND CO 344 0.260 0.00 0 0 -8.8 -7.1 33.05 1.2 2.9 24-Feb-11 NATL PETRO SVC 74 0.375 0.00 0 0 7.1 10.3 7.19 1.6 5.3 4-Feb-12 NATL RANGES CO 43 0.012 0.00 0 5 -4.0 -14.3 0.00 0.3 0.0 13-Mar-11 NATL REAL EST 364 0.124 0.00 0 0 0.0 -3.1 0.00 0.5 0.0 13-Nov-11 NETWORK HLDG 23 0.045 0.00 0 0 0.0 0.0 0.00 0.0 0.0 NA NOOR FIN INV 78 0.029 0.00 0 0 0.0 0.0 0.00 0.4 0.0 14-Oct-10 OSOUL INVST CO 44 0.064 0.00 0 0 0.0 -5.9 0.00 0.6 0.0 31-Jan-11 OULA FUEL 321 0.270 0.00 0 0 -5.3 -10.0 24.09 2.1 0.0 15-Jun-11 PALMS AGRO PROD 16 0.086 0.00 0 0 0.0 0.0 6.68 0.5 9.3 9-Feb-11 PEARL REAL EST 14 0.038 0.00 0 0 0.0 0.0 0.00 0.6 0.0 8-Dec-10 PORTLAND CEMENT 230 0.710 1.43 0 0 0.0 0.0 10.78 1.0 13.0 15-Feb-11 PRIVATIZATION 165 0.061 -1.61 0 0 -3.2 -7.6 15.27 0.5 0.0 16-Oct-11 RAS AL KH CEMENT 209 0.120 0.00 0 0 0.0 -3.2 9.47 1.1 7.6 5-Dec-11 REAL EST ASSET 51 0.134 0.00 0 0 0.0 0.0 28.09 0.9 3.7 13-Apr-11 REAL EST TRADE 27 0.070 7.69 0 2 42.9 16.7 2.20 0.4 0.0 9-Mar-11 REFRIG IND CO 48 0.146 0.00 0 0 -2.7 -7.6 0.00 0.8 3.4 15-May-11 REMAL REAL EST 250 0.310 -1.59 1 5 -1.6 14.8 0.00 1.8 0.0 22-Jan-12 SAFAT GLOBAL 5 0.049 0.00 0 0 0.0 0.0 0.00 0.0 0.0 NA SAFWAN TRD &CONT 108 0.620 3.33 0 0 3.3 12.7 13.96 3.0 3.7 12-May-11 SALBOOKH TRADING 32 0.043 -1.16 0 0 -4.5 -10.5 0.00 0.6 0.0 10-Feb-11 SALHIAH REAL EST 381 0.206 0.00 0 0 0.0 -1.0 17.82 0.8 9.2 9-Feb-11 SANAM REAL EST 26 0.057 -1.72 0 1 -5.0 -23.0 0.00 0.6 0.0 27-Dec-11 SECURITIES GROUP 212 0.230 0.00 0 0 0.0 0.0 0.00 1.1 4.3 24-Feb-11 SECURITIES HOUSE 324 0.130 0.00 0 0 0.0 0.0 0.00 7.1 0.0 NA SHARJAH CEMENT 104 0.071 7.58 0 7 18.3 61.4 0.00 0.3 5.7 16-Feb-11 SHUAIBA IND CO 38 0.190 0.00 0 0 5.6 5.6 11.81 0.7 5.6 23-Mar-11 SOKOUK HLDING 60 0.017 0.00 0 1 -2.9 -2.9 0.00 0.3 0.0 10-Feb-11 SOOR FUEL MKT 293 0.242 -1.63 0 0 -2.4 -6.9 16.66 1.9 0.0 31-May-11 STRATEGIA 37 0.063 0.00 0 0 -7.4 -7.4 0.00 0.7 0.0 24-Jan-11 SULTAN CNTR FOOD 242 0.118 1.72 0 3 3.5 -1.7 0.00 1.0 0.0 13-Feb-11 TAIBA KWTI HLD 74 0.114 0.00 0 0 0.0 0.0 8.93 1.2 0.0 20-Dec-10 TAMDEEN REAL EST 310 0.232 0.87 0 0 -1.7 0.9 17.79 0.8 4.3 9-Jun-11 TAMEER R.E. INV 50 0.058 0.00 0 0 0.0 -1.7 0.00 0.6 0.0 17-Jul-11 THE INT INVESTOR 44 0.025 0.00 0 0 0.0 0.0 0.00 1.1 0.0 14-Oct-10 THE INVEST DAR 245 0.074 0.00 0 0 0.0 0.0 0.00 0.0 0.0 NA THEMAR 321 0.087 0.00 0 0 -1.1 -4.4 34.65 1.0 4.5 25-Jan-11 TIJARA& REAL EST 49 0.033 0.00 0 0 -7.0 6.5 0.00 0.3 0.0 26-Jun-11 UMM ALQAIWAIN 70 0.063 8.62 0 7 23.5 46.5 0.00 0.5 0.0 25-Apr-11 UNION REAL EST 86 0.108 0.00 0 0 0.0 0.0 16.28 0.9 5.9 7-Feb-12 UNITED INDUST. 175 0.097 0.00 0 0 -3.0 -4.9 72.06 0.5 0.0 6-Jul-11 UNITED POULTRY 52 0.126 0.00 0 0 0.0 0.0 5.78 1.1 0.0 2-Nov-11 UNITED PROJ CO 92 0.315 1.61 0 0 -1.6 5.0 48.90 0.9 9.7 15-Feb-11 UNITED REAL EST 446 0.104 0.00 0 0 0.0 4.0 14.42 0.6 0.0 22-Jan-12 UTD FOODSTUFF 44 0.390 6.85 0 0 14.7 14.7 22.05 2.4 1.4 8-Feb-12 VILLA MODA 44 0.188 0.00 0 0 0.0 0.0 0.00 0.0 0.0 NA WARBA INS CO 92 0.148 0.00 0 0 0.0 25.4 28.85 0.6 6.8 16-Feb-11 WETHAQ TAKAFUL 16 0.043 0.00 0 0 6.2 6.2 0.00 0.4 0.0 22-Dec-10 YIACO MEDICAL CO 214 0.360 0.00 0 0 0.0 -6.5 11.33 2.1 2.8 1-Jun-11 ZIMA HOLDING CO 40 0.110 0.00 0 0 0.0 0.0 0.00 0.0 0.0 25-Jan-11

52 Week 52 Week 52 Week High Price Low Date Low Price Beta 0.038 0.062 0.208 0.048 0.067 0.305 0.073 0.025 0.319 0.152 0.202 0.186 0.050 0.138 0.092 0.045 0.138 0.220 0.171 0.059 0.154 0.380 0.375 0.026 0.172 0.000 0.069 0.096 0.360 0.130 0.108 1.691 0.077 0.128 0.136 0.144 0.238 0.485 0.000 0.940 0.077 0.259 0.078 0.280 0.000 0.084 0.200 0.031 0.295 0.102 0.166 0.122 0.280 0.060 0.030 0.000 0.110 0.038 0.062 0.118 0.138 0.136 0.440 0.112 0.365 0.000 0.170 0.048 0.560 0.144

29-Sep-11 21-Aug-11 9-Nov-10 11-Aug-11 15-Jan-12 24-Jan-12 4-May-11 14-Jan-12 11-Dec-11 15-Aug-11 3-Apr-11 31-Mar-11 20-Nov-11 31-Jan-12 9-Jan-12 24-Jan-12 8-Feb-12 26-Apr-11 22-Aug-11 17-Aug-11 19-Apr-11 12-Oct-11 9-May-11 15-Aug-11 22-Aug-11 NA 7-Mar-11 16-Aug-11 21-Aug-11 28-Dec-11 1-Dec-11 22-Jan-12 17-Apr-11 4-Apr-11 7-Apr-11 5-Feb-12 6-Feb-12 14-Dec-11 NA 30-Jan-11 9-Jan-12 8-Jan-12 1-Nov-11 27-Sep-11 NA 17-Nov-11 26-Oct-11 4-Jan-12 22-Aug-11 29-Dec-11 23-Aug-11 9-Dec-10 5-Oct-11 10-Mar-11 26-Oct-10 NA 14-Nov-11 18-Apr-11 21-Aug-11 27-Jul-11 9-Jan-12 8-Aug-11 28-Jan-12 9-Aug-11 13-Jun-11 NA 8-Jan-12 8-Dec-11 2-Mar-11 5-Apr-11

0.028 0.044 0.208 0.034 0.026 0.182 0.052 0.015 0.152 0.091 0.099 0.033 0.029 0.102 0.050 0.022 0.082 0.065 0.101 0.028 0.144 0.270 0.280 0.011 0.056 0.000 0.026 0.050 0.255 0.081 0.038 0.640 0.036 0.096 0.126 0.048 0.148 0.230 0.000 0.380 0.041 0.200 0.049 0.230 0.000 0.043 0.170 0.015 0.240 0.066 0.093 0.090 0.212 0.050 0.023 0.000 0.079 0.030 0.040 0.100 0.092 0.116 0.265 0.074 0.255 0.000 0.100 0.041 0.310 0.102

1.13 1.53 0.19 0.85 0.96 0.64 0.00 2.30 0.51 1.73 1.69 2.35 0.00 1.76 1.68 2.05 0.62 0.38 1.32 0.29 0.00 0.83 0.28 1.34 1.56 2.30 1.97 1.09 0.26 1.55 0.98 1.36 1.63 0.91 0.00 0.00 0.81 0.00 2.31 0.54 0.98 1.02 1.03 0.79 1.06 1.07 0.60 1.48 0.53 2.06 1.21 1.39 0.64 0.86 1.49 1.97 0.53 0.55 1.44 -0.03 1.53 0.06 0.48 1.07 0.22 -0.47 0.54 1.04 0.66 0.00


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Kuwait Daily 09022012