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Kuwait Weekly Update

Research

.1th of April 2012 Market Performance: The Kuwaiti market closed on a negative note this week. The Price index was down -0.34%, closing at 6,..8.1 points. The Weighted index gained 0.65%, closing at 412.43 points. Liquidity levels improved during the week. Value traded was up 5.1%. The market traded 1.54 Bn shares with a value of KWD 175.2 Mn.

Layla Al-Ammar Assistant Manager +965 2224 8281 LAmmar@markaz.com Humoud Salah N AL Sabah Assistant Analyst +965 2224 8530 halsabah@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

Sector Performance This week‟s traded value was derived from activities on the Services sector 28.6% contribution, followed by Investment and Real Estate with, 22.1% and .8.7% respectively. HITS Telecom Holding took 7.9% of the total (KD 13.7mn), and closed up 1.9%. Zain Group followed with 6.7% of the total (KD11.7mn) and closed up 4.3% to 730 fils Loser, winners 132 companies were traded during the week out of which 45 closed positive, 60 were negative and 27 unchanged. National Ranges Company was the biggest gainer by booking a return of 33.3% and closing at 20 fils. On the other side of the spectrum, Al Imtiaz Investment Company was the biggest loser; the stock declined by 12.5% to 112 Fils. Figure 1- Market performance


Kuwait Weekly Update

Research

Figure 2- Sector Indicator


Kuwait Weekly Update

Research

GAINERS National Ranges Equipment Holding Injazzat Real Estate First Dubai for RE Development KIPCO Asset Mgmt

12-Apr 20.0 114.0 77.0 37.5 270.0

5-Apr 15.0 100.0 68.0 33.5 242.0

% chg 33.3% 14.0% 13.2% 11.9% 11.6%

LOSERS Al Imtiaz Investment Company United Industries National Investment Kuwait Projects (KIPCO) Gulf Finance House

12-Apr 112.0 79 144 310 57

5-Apr 128 89 160 340 62

% chg -12.5% -11.2% -10.0% -8.8% -8.1%

No. of Companies listed in KSE No. of companies traded Gainers Losers No change Most Active HITS Telecom Holding Mobile Telecommunications First Investment (ALOLA) Al-Madina For Finance and Investment Gulf Finance House Date Sun. 08 Apr Mon. 09 Apr Tue. 10 Apr Wed. 11 Apr Thu. 12 Apr KSE cap-wtd in week % YTD % KSE price-wtd in week % YTD % Volume traded Value traded

205 132 45 60 27 Value KD 13,770,520 11,782,400 9,609,400 8,089,920 7,931,240

Price 110 730 146 78 57 Price index 6,153.6 6,120.0 6,148.7 6,164.3 6,118.9 Current week 412.43 0.65% 1.68% 6,118.90 -0.43% 5.24% 1,543,350,000 175,206,200

% chg 1.9% 4.3% 1.4% 4.0% -8.1% Value traded (KD) 38,002,480 34,480,800 46,469,050 22,370,650 33,883,220 Last week 409.77 -2.48% 1.02% 6,145.50 -0.32% 5.70% 1,578,482,500 166,691,020


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KSE12042012  

KSE12042012

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