Al Arabi Monthly Report
Al Arabi Monthly Report
December 2016
MSM 30 one year close (In Blue) & turnover (In Red) Vs MA10 (In Green) 60,000.00 6,800.00
50,000.00 6,300.00
40,000.00 30,000.00
5,800.00
20,000.00 5,300.00
10,000.00 4,800.00 8-Dec-15
0.00 8-Jan-16
8-Feb-16
8-Mar-16
8-Apr-16
8-May-16
8-Jun-16
8-Jul-16
8-Aug-16
8-Sep-16
8-Oct-16
8-Nov-16
8-Dec-16
Thousands
The MSM 30 index closed at 5,782.71 points, up by 5.38% from the previous months closing. 44 out of 79 stocks closed in the green and 20 in the red. While 15 were unchanged 285.0mn shares traded during the month with the traded value reaching OMR 62.8mn. The Financial index closed at 7,671.9.6 points, Industry index closed at 7,407.3 points and the services index closed at 3,058.76 points registering percentages change of 6.52%, 3.12% and 2.25% over the previous months closing respectively.
MSM summary
Current
Previous
AL ARABI OMAN20 Index Al Arabi GCC 50 Index Al Arabi MENA 200 Index MSM SHARIAH Index MSM 30 Volume( In 000)
Month 1,052.99 1,178.26 1,018.64 869.02 5,782.71 285,043
Month 998.29 1,135.62 965.06 843.90 5,487.68 305,730
54.70 42.64 53.58 25.12 295.03 (20,688)
5.48 3.75 5.55 2.98 5.38 (6.77)
Value traded (In RO 000)
62,849
79,821
(16,972)
(21.26)
Change
YTD
%
% 2.17 10.48 6.86 1.60 6.96
Top Gainers
Price
Chg
Chg
Companies
RO
RO
%
AL BATINAH DEV. INV. HOLDING
0.099
0.014
16.47
BANK MUSCAT
0.472
BANK MUSCAT
0.472
0.052
12.38
OOREDOO
0.660
5,370.17
8.54%
AL JAZEERA STEEL PRODUCTS
0.246
0.026
11.82
HSBC BANK OMAN
0.120
5,148.23
8.19%
OMAN AND EMIRATES INV. HOLDING
0.133
0.013
10.83
AL ANWAR HOLDING
0.187
3,686.07
5.86%
ALMAHA PETROLEUM PRODUCTS MAR. 1.595
0.155
10.76
OMAN TELECOMMUNICATION
1.515
3,472.15
5.52%
Top Losers
Price
Chg
Chg
Companies
RO
RO
%
Top Co. - Value
MTD
Companies
Top Co. - Volume Companies
Price
Value
RO
in RO 000
Mkt.Share
13,001.44 20.69%
Price
Volume
RO
in 000
Mkt.Share
NATIONAL SECURITIES
0.098
(0.071) (42.01)
HSBC BANK OMAN
0.120
44,250.16 15.52%
FINANCIAL SERVICES
0.100
(0.065) (39.39)
BANK NIZWA
0.083
33,545.35 11.77%
THE FINANCIAL CORPORATION
0.100
(0.013) (11.50)
BANK MUSCAT
0.472
29,028.06 10.18%
SOHAR POWER
0.230
(0.028) (10.85)
AL ANWAR HOLDING
0.187
19,685.19
6.91%
OMAN EDU. & TRIN. INV.
0.142
(0.010) (6.58)
BANK SOHAR
0.160
15,936.39
5.59%
Source MSM Market and OABINVES
Sector Name
Bloomberg No of Co. Current
Previous
Code
Points
MTD
Points
YTD
Monthly
%
Yearly
%
Fi na nci a l Sector
BKINV
13
7,671.92
7,202.61
469
6.52
1195
18.44
Indus try Sector
INDSI
10
7,407.29
7,183.14
224
3.12
636
9.39
Servi ces Sector
SINSI
7
3,058.76
2,991.38
67
2.25
3
0.10
52-Week
Main Indicators - Sectors
Main Indicators
High
Low
P/Ex
P/Bx
MSM 30
6,020.39
4,867.00
10.36
1.06
Fi na nci a l Sector
7,853.45
5,745.17
0.79
Indus try Sector
8,245.93
6,379.20
1.33
Servi ces Sector
3,355.71
2,806.89
1.07
So urce: M SM , B lo o mberg
Nationality Trading - Buy 12.4% 0.9%
Va l ue 9.0%
(RO 000) OMANIS
48,833.4
GCC
5,675.1
ARABS
77.7%
547.4
OTHERS
OMANIS
7,793.3
Nationality Trading - Sell
GCC
ARABS
OTHERS
11.5% 1.1%
Value (RO 000) OMANIS
47,580.3
GCC
7,330.8
ARABS
685.6
OTHERS
7,252.6
11.7%
75.7%
OMANIS
GCC
ARABS
OTHERS
Government Development Bonds Issue No.
Maturity Date
Issue Value (RO)
Coupon
Listing Date
40
Jun. 19, 2022
100,000,000
5.50%
Jun. 24, 2012
41
De c. 05, 2017
100,000,000
3.25%
Ja n. 28, 2013
42
Ma y. 13, 2020
80,000,000
4.25%
Ma y. 20, 2013
43
Se p. 05, 2017
100,000,000
2.75%
Oct. 03, 2013
44
Nov. 25, 2018
100,000,000
3.00%
De c. 11, 2013
45
De c. 15, 2019
200,000,000
3.00%
De c. 15, 2014
46
23-Fe b-2025
200,000,000
4.50%
Ma r.4 2015
47
9-Aug-2020
300,000,000
3.00%
Aug.11 2015
48
22-Fe b-2021
100,000,000
3.50%
Fe b. 24 2016
50
3-Oct-2022
100,000,000
5.00%
Oct. 13 2016
So urce: M SM
2
GCC Market Indices
Mus cat Securities Market
Current Close
Previous Close
Index
Index
5,782.71
5,487.68
Change
MTD
YTD
%
%
295.03
5.38
6.96
Saudi Stock Exchange
7,210.43
7,000.18
210.25
3.00
4.32
Kuwait Stock Exchange
5,748.09
5,554.46
193.63
3.49
2.37
10,436.76
9,793.83
642.93
6.56
0.07
Bahrain Stock Exchange
1,220.45
1,175.30
45.15
3.84
0.38
Dubai Financial Market
3,530.88
3,360.91
169.97
5.06
12.06
Abu Dhabi Securities Exchange
4,546.37
4,308.77
237.60
5.51
5.55
Qatar Exchange
So urce: B lo o mberg, OA B invest
P/E (TTM) Comparison of Omani Market & MENA
Dec'16
Nov'16
Oct'16
Sep'16
X
X
X
X
MSM30 *
10.91
10.36
10.75
10.03
Saudi Stock Exchange
17.07
16.64
13.24
14.40
Kuwait Stock Exchange
19.49
18.61
18.62
18.73
Qatar Exchange
15.13
14.14
14.52
15.29
Bahrain Stock Exchange
10.00
9.61
9.60
9.27
Dubai Financial Market
11.53
10.96
12.43
12.54
Abu Dhabi Securities Exchange
11.71
11.10
11.91
11.95
Gulf Market Average
13.69
13.06
13.01
13.17
Source: Bloomberg*, PEx: last closing price / Earnings per share (times), PBx: Last closing price / Book value of the share (times) All GCC data for entire market except M SM
3
World Markets Europe FTSE 100 DAX CAC 40 United States DJIA S&P 500 NASDAQ Asia Pacific NIKKEI 225 HANG SENG Arab Market Indices Tuni s Se Index EGX 30 Index Amma n Stock Excha nge Pa l es ti ne Sec. Excha nge Bl om Stock Index MSCI
Country
Value
United Kingdom Germa ny Fra nce
7,103.45 11,450.96 4,843.99
USA USA USA
19,833.68 2,249.92 5,438.56
Ja pa n Hongkong
19,145.14 21,790.91
Tuni s Egypt Jorda n Pa l es ti ne Leba non
5,457.44 12,382.66 2,170.29 527.68 1,210.84
Ba hra i n Kuwa i t Oma n Qa ta r UAE GCC Countri es
72.93 449.67 665.24 817.07 384.37 458.17
M/M % 4.71 7.62 5.80 % 3.71 2.32 2.16 % 4.57 (4.38) % (1.15) 8.11 (0.03) 0.95 (0.86) % 1.04 4.39 6.57 5.55 3.91 4.54
YTD % 13.80 6.59 4.46 % 13.82 10.08 8.61 % 0.59 (0.56) % 8.24 76.74 1.59 (0.95) 3.53 % (3.66) (0.14) 2.60 0.98 7.95 2.88
So urce: B lo o mberg at 3.00 P .M M uscat time
change in Commodity Prices
Value
Brent Crude (per bbl) WTI Crude (per bbl) Gold100 OZ (per oz) Silver (per oz) Platinum (per oz) Copper, MT Al uminium, MT Lead, MT Zinc, MT Nickel, MT
56.31 53.87 1,147.15 16.15 903.88 5,545.00 1,705.00 2,028.50 2,581.00 10,100.00
M/M
YTD
% 8.62 7.01 (2.22) (2.29) (0.95) (4.81) (1.56) (14.23) (4.48) (10.22)
% 23.73 20.81 8.08 16.52 1.21 17.85 13.14 13.13 60.41 14.51
So urce: B lo o mberg at 3.00 P .M M uscat time
4
Oman Arab Bank - Investment Management Group (IMG)
Research Division
Business Development Division
Brokerage Division
Email: [email protected]
Email: [email protected]
Email: [email protected]
Asset Management Division
Corp. Finance & Advisory Division
Email: [email protected]
Email:[email protected]
Wealth Management-NRI
Custody Division
Customer Services Division
Email: [email protected]
Email: [email protected]
Email: [email protected]
PO Box 2010, Ruwi, 112, Muscat-Oman. Tel: +96824827314 Fax: +96824125125 Web site http://www.oabinvest.com e-mail:[email protected]
Disclaimer: This report has been prepared by research department in IMG – Oman Arab Bank, and is provided for information purposes only. Under no circumstances is to be used or considered as an offer to sell or solicitation of any offer to buy. While all reasonable care has been taken to ensure that the information contained therein is not untrue or misleading at the time of publication, we make no representation as to its accuracy or completeness and it should not be relied upon as such, and the bank accepts no responsibility whatsoever for any direct or indirect consequential loss arising from any use of this report or its contents. All opinions and estimates included in this document constitute IMG's Research department judgment as of the date of production of this report, and are subject to change without notice. This report may not be reproduced, distributed or published by any recipient for any purpose.
December 2016
MSM 30 one year close (In Blue) & turnover (In Red) Vs MA10 (In Green) 60,000.00 6,800.00
50,000.00 6,300.00
40,000.00 30,000.00
5,800.00
20,000.00 5,300.00
10,000.00 4,800.00 8-Dec-15
0.00 8-Jan-16
8-Feb-16
8-Mar-16
8-Apr-16
8-May-16
8-Jun-16
8-Jul-16
8-Aug-16
8-Sep-16
8-Oct-16
8-Nov-16
8-Dec-16
Thousands
The MSM 30 index closed at 5,782.71 points, up by 5.38% from the previous months closing. 44 out of 79 stocks closed in the green and 20 in the red. While 15 were unchanged 285.0mn shares traded during the month with the traded value reaching OMR 62.8mn. The Financial index closed at 7,671.9.6 points, Industry index closed at 7,407.3 points and the services index closed at 3,058.76 points registering percentages change of 6.52%, 3.12% and 2.25% over the previous months closing respectively.
MSM summary
Current
Previous
AL ARABI OMAN20 Index Al Arabi GCC 50 Index Al Arabi MENA 200 Index MSM SHARIAH Index MSM 30 Volume( In 000)
Month 1,052.99 1,178.26 1,018.64 869.02 5,782.71 285,043
Month 998.29 1,135.62 965.06 843.90 5,487.68 305,730
54.70 42.64 53.58 25.12 295.03 (20,688)
5.48 3.75 5.55 2.98 5.38 (6.77)
Value traded (In RO 000)
62,849
79,821
(16,972)
(21.26)
Change
YTD
%
% 2.17 10.48 6.86 1.60 6.96
Top Gainers
Price
Chg
Chg
Companies
RO
RO
%
AL BATINAH DEV. INV. HOLDING
0.099
0.014
16.47
BANK MUSCAT
0.472
BANK MUSCAT
0.472
0.052
12.38
OOREDOO
0.660
5,370.17
8.54%
AL JAZEERA STEEL PRODUCTS
0.246
0.026
11.82
HSBC BANK OMAN
0.120
5,148.23
8.19%
OMAN AND EMIRATES INV. HOLDING
0.133
0.013
10.83
AL ANWAR HOLDING
0.187
3,686.07
5.86%
ALMAHA PETROLEUM PRODUCTS MAR. 1.595
0.155
10.76
OMAN TELECOMMUNICATION
1.515
3,472.15
5.52%
Top Losers
Price
Chg
Chg
Companies
RO
RO
%
Top Co. - Value
MTD
Companies
Top Co. - Volume Companies
Price
Value
RO
in RO 000
Mkt.Share
13,001.44 20.69%
Price
Volume
RO
in 000
Mkt.Share
NATIONAL SECURITIES
0.098
(0.071) (42.01)
HSBC BANK OMAN
0.120
44,250.16 15.52%
FINANCIAL SERVICES
0.100
(0.065) (39.39)
BANK NIZWA
0.083
33,545.35 11.77%
THE FINANCIAL CORPORATION
0.100
(0.013) (11.50)
BANK MUSCAT
0.472
29,028.06 10.18%
SOHAR POWER
0.230
(0.028) (10.85)
AL ANWAR HOLDING
0.187
19,685.19
6.91%
OMAN EDU. & TRIN. INV.
0.142
(0.010) (6.58)
BANK SOHAR
0.160
15,936.39
5.59%
Source MSM Market and OABINVES
Sector Name
Bloomberg No of Co. Current
Previous
Code
Points
MTD
Points
YTD
Monthly
%
Yearly
%
Fi na nci a l Sector
BKINV
13
7,671.92
7,202.61
469
6.52
1195
18.44
Indus try Sector
INDSI
10
7,407.29
7,183.14
224
3.12
636
9.39
Servi ces Sector
SINSI
7
3,058.76
2,991.38
67
2.25
3
0.10
52-Week
Main Indicators - Sectors
Main Indicators
High
Low
P/Ex
P/Bx
MSM 30
6,020.39
4,867.00
10.36
1.06
Fi na nci a l Sector
7,853.45
5,745.17
0.79
Indus try Sector
8,245.93
6,379.20
1.33
Servi ces Sector
3,355.71
2,806.89
1.07
So urce: M SM , B lo o mberg
Nationality Trading - Buy 12.4% 0.9%
Va l ue 9.0%
(RO 000) OMANIS
48,833.4
GCC
5,675.1
ARABS
77.7%
547.4
OTHERS
OMANIS
7,793.3
Nationality Trading - Sell
GCC
ARABS
OTHERS
11.5% 1.1%
Value (RO 000) OMANIS
47,580.3
GCC
7,330.8
ARABS
685.6
OTHERS
7,252.6
11.7%
75.7%
OMANIS
GCC
ARABS
OTHERS
Government Development Bonds Issue No.
Maturity Date
Issue Value (RO)
Coupon
Listing Date
40
Jun. 19, 2022
100,000,000
5.50%
Jun. 24, 2012
41
De c. 05, 2017
100,000,000
3.25%
Ja n. 28, 2013
42
Ma y. 13, 2020
80,000,000
4.25%
Ma y. 20, 2013
43
Se p. 05, 2017
100,000,000
2.75%
Oct. 03, 2013
44
Nov. 25, 2018
100,000,000
3.00%
De c. 11, 2013
45
De c. 15, 2019
200,000,000
3.00%
De c. 15, 2014
46
23-Fe b-2025
200,000,000
4.50%
Ma r.4 2015
47
9-Aug-2020
300,000,000
3.00%
Aug.11 2015
48
22-Fe b-2021
100,000,000
3.50%
Fe b. 24 2016
50
3-Oct-2022
100,000,000
5.00%
Oct. 13 2016
So urce: M SM
2
GCC Market Indices
Mus cat Securities Market
Current Close
Previous Close
Index
Index
5,782.71
5,487.68
Change
MTD
YTD
%
%
295.03
5.38
6.96
Saudi Stock Exchange
7,210.43
7,000.18
210.25
3.00
4.32
Kuwait Stock Exchange
5,748.09
5,554.46
193.63
3.49
2.37
10,436.76
9,793.83
642.93
6.56
0.07
Bahrain Stock Exchange
1,220.45
1,175.30
45.15
3.84
0.38
Dubai Financial Market
3,530.88
3,360.91
169.97
5.06
12.06
Abu Dhabi Securities Exchange
4,546.37
4,308.77
237.60
5.51
5.55
Qatar Exchange
So urce: B lo o mberg, OA B invest
P/E (TTM) Comparison of Omani Market & MENA
Dec'16
Nov'16
Oct'16
Sep'16
X
X
X
X
MSM30 *
10.91
10.36
10.75
10.03
Saudi Stock Exchange
17.07
16.64
13.24
14.40
Kuwait Stock Exchange
19.49
18.61
18.62
18.73
Qatar Exchange
15.13
14.14
14.52
15.29
Bahrain Stock Exchange
10.00
9.61
9.60
9.27
Dubai Financial Market
11.53
10.96
12.43
12.54
Abu Dhabi Securities Exchange
11.71
11.10
11.91
11.95
Gulf Market Average
13.69
13.06
13.01
13.17
Source: Bloomberg*, PEx: last closing price / Earnings per share (times), PBx: Last closing price / Book value of the share (times) All GCC data for entire market except M SM
3
World Markets Europe FTSE 100 DAX CAC 40 United States DJIA S&P 500 NASDAQ Asia Pacific NIKKEI 225 HANG SENG Arab Market Indices Tuni s Se Index EGX 30 Index Amma n Stock Excha nge Pa l es ti ne Sec. Excha nge Bl om Stock Index MSCI
Country
Value
United Kingdom Germa ny Fra nce
7,103.45 11,450.96 4,843.99
USA USA USA
19,833.68 2,249.92 5,438.56
Ja pa n Hongkong
19,145.14 21,790.91
Tuni s Egypt Jorda n Pa l es ti ne Leba non
5,457.44 12,382.66 2,170.29 527.68 1,210.84
Ba hra i n Kuwa i t Oma n Qa ta r UAE GCC Countri es
72.93 449.67 665.24 817.07 384.37 458.17
M/M % 4.71 7.62 5.80 % 3.71 2.32 2.16 % 4.57 (4.38) % (1.15) 8.11 (0.03) 0.95 (0.86) % 1.04 4.39 6.57 5.55 3.91 4.54
YTD % 13.80 6.59 4.46 % 13.82 10.08 8.61 % 0.59 (0.56) % 8.24 76.74 1.59 (0.95) 3.53 % (3.66) (0.14) 2.60 0.98 7.95 2.88
So urce: B lo o mberg at 3.00 P .M M uscat time
change in Commodity Prices
Value
Brent Crude (per bbl) WTI Crude (per bbl) Gold100 OZ (per oz) Silver (per oz) Platinum (per oz) Copper, MT Al uminium, MT Lead, MT Zinc, MT Nickel, MT
56.31 53.87 1,147.15 16.15 903.88 5,545.00 1,705.00 2,028.50 2,581.00 10,100.00
M/M
YTD
% 8.62 7.01 (2.22) (2.29) (0.95) (4.81) (1.56) (14.23) (4.48) (10.22)
% 23.73 20.81 8.08 16.52 1.21 17.85 13.14 13.13 60.41 14.51
So urce: B lo o mberg at 3.00 P .M M uscat time
4
Oman Arab Bank - Investment Management Group (IMG)
Research Division
Business Development Division
Brokerage Division
Email: [email protected]
Email: [email protected]
Email: [email protected]
Asset Management Division
Corp. Finance & Advisory Division
Email: [email protected]
Email:[email protected]
Wealth Management-NRI
Custody Division
Customer Services Division
Email: [email protected]
Email: [email protected]
Email: [email protected]
PO Box 2010, Ruwi, 112, Muscat-Oman. Tel: +96824827314 Fax: +96824125125 Web site http://www.oabinvest.com e-mail:[email protected]
Disclaimer: This report has been prepared by research department in IMG – Oman Arab Bank, and is provided for information purposes only. Under no circumstances is to be used or considered as an offer to sell or solicitation of any offer to buy. While all reasonable care has been taken to ensure that the information contained therein is not untrue or misleading at the time of publication, we make no representation as to its accuracy or completeness and it should not be relied upon as such, and the bank accepts no responsibility whatsoever for any direct or indirect consequential loss arising from any use of this report or its contents. All opinions and estimates included in this document constitute IMG's Research department judgment as of the date of production of this report, and are subject to change without notice. This report may not be reproduced, distributed or published by any recipient for any purpose.
