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Kuwait Weekly Update

Research

6 September 2012 Market Performance: The Kuwaiti market closed on a mixed note this week. The Price index increased by 0.77% closing at 5907.57. The Weighted index reduced 0.20%, closing at 399.37, while the Kuwait 15 index decreased by 0.45% closing at 950.22.Liquidity level decreased by 19.53% during the week. The market traded 1071.75 mn shares with a value of KWD 80.46 mn. Sector Performance Financial Services were the top traded sector this week, contributing 31.8% to the total traded value. Banks and Industrials followed with 20.5% and 16.7% respectively. Ithmaar Bank BSC which gained 8.7% during the week, closing at 50 fils was the top traded stock with trading value of KWD 6.67 mn. Animesh Tulsyan Analyst +965 2224 8000 Ext: 4607 aTulsyan@markaz.com Kuwait Financial Centre S.A.K. (“Markaz�) P.O. Box, 23444, Safat 13095 Ahmad Al-Jaber Street, Universal Tower Kuwait Fax: +965 2245 0647 www.markaz.com/research

Loser, winners 143 companies were traded during the week out of which 72 closed positive, 44 were negative and 27 unchanged. National International Holding Co KSCC was the biggest gainer, increasing 33.3% during the week and closing at 34.0 fils. On the other side of the spectrum, Kuwait Finance and Investment Company was the biggest loser, shedding 26.7% to 110 fils. Figure 1- Market Performance


Kuwait Weekly Update

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Figure 2- Sector Indicator


Kuwait Weekly Update

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GAINERS 6-Sep National International Holding Co KSCC 34.0 Taiba Kuwaiti Holding Co KSCC 65.0 Real Estate Trade Centers Co KSCC 49.5 Kuwait and Middle East Financial Investment Co 45.0 KSCC Gulf Petroleum Investment Co KSCC 62.0

30-Aug 25.5 50.0 41.0 37.5 53.0

% chg 33.3% 30.0% 20.7% 20.0% 17.0%

LOSERS 6-Sep Kuwait Finance and Investment Company KSCC 110 Pearl of Kuwait Real Estate Co KSCC 30 Arabi Holding Group Co KSCC 110 Arkan Al Kuwait Real Estate Co KSCC 82 Oula Fuel Marketing Co KSC 265

30-Aug 150 34 120 89 285

% chg -26.7% -11.8% -8.3% -7.9% -7.0%

No. of Companies listed in KSE No. of Companies Traded Gainers Losers No change Value Traded Most Active (000 KD) Ithmaar Bank BSC 6,670 National Mobile Telecommunications Co KSC 5,213 Al-Salam Group Holding Co KSCC 4,786 Gulf Finance House BSC 3,921 National Bank of Kuwait SAK 3,112

Date Sun. 02 Sep Mon. 03 Sep Tue. 04 Sep Wed. 05 Sep Thu. 06 Sep

KSE Cap-wtd in week % YTD % KSE Price-wtd in week % YTD % KSE 15 Index in week % YTD % Volume Traded Value Traded (000 KD(

205 143 72 44 27

Price 50 2,560 246 40 990

% chg 8.7% 0.0% -3.5% -1.3% 1.0%

Price index 5,896.9 5,908.5 5,891.6 5,909.9 5,907.6

Value Traded (000 KD) 15,517 12,947 17,144 16,755 18,102

Current week 399.37 -0.20% -1.54% 5,907.57 0.77% 1.61% 950.22 -0.45% -4.98% 1,07,17,58,549 80,466

Last week 400.18 0.51% -1.34% 5,862.56 1.43% 0.83% 954.56 -0.53% -4.54% 1,58,02,54,676 99,997

"Note: Top Gainers & Losers is based only on stocks which were traded during the last 2 weeks. KSE 15 Index started trading only from 15-May-2012"


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