Quarterly Report â 4Q15 Statistics For FY15: IPOs during 4Q15 ...
Quarterly Report – 4Q15 January 17, 2016
Tadawul All Share Index (TASI) Quarter Ending
Open
High
Low
Close
% Change
Avg Daily Volume
Dec 31, 2015
7,404
7,867
6,672
6,912
-6.7%
222,622,739
Change
463
-732
-492
Above mentioned numbers are for the quarter
Analysis and Overview TASI remained subdued during 4Q15 and closed down by 492 points, or -6.7%. On a Y/Y basis the index declined by 1,422 points or -17.1%. The highest closing level for the index during the year was 9,834 points as on 30-04-2015, while the highest closing during 4Q15 was 7,827 points on 11-10-2015. Average daily volume (number of shares traded) for 4Q15 increased to 223 mln from 178 mln in 3Q15. During 4Q15, international oil prices remained under pressure and anticipation about the federal budget kept the sentiment of the market generally pessimistic.
Statistics For FY15: •
Total market capitalization at the end of the year reached SAR 1,579 bln (US$ 421 bln), decreased by 12.9% Y/Y.
•
Total value of shares traded for the year declined by 22.6% Y/Y to SAR 1,661 bln (US$ 443 bln) compared to SAR 2,147 bln (US$ 572 bln) in FY14.
•
Average daily value of shares traded during the year reached SAR 6,616 mln compared to SAR 8,586 mln for the previous year, decreasing by 22.9%.
•
Average daily number of shares traded during the year reached 263 mln shares compared to 282 mln shares traded during the previous year, a decrease of 6.9%.
IPOs during 4Q15: Name Alandalus Property Co.
Aiyaz Hassan [email protected] +966-11-203-6817
Offer Size ('000 shares) 21,000
Offer Price (SAR) 18.00
Offering Date
Closing Date
17-Dec-2015
-
Mansour A Alammari [email protected] +966-11-203-6815
Quarterly Report – 4Q15 January 17, 2016
Quarterly Performance of TASI and Sub-Indices TADAWUL
Banks & Financial Services
Volume Average
Points % Chg.
Q/Q Change
Volume % Chg.
Average
Points % Chg.
Q/Q Change
% Chg.
3Q15
178,411,525
-23.7%
-1,683
-18.5%
3Q15
37,665,239
4.2%
-3,070
-15.4%
4Q15
222,622,739
24.8%
-492
-6.7%
4Q15
63,863,843
69.6%
-1,222
-7.3%
Petrochemical Industries
Cement
Volume Average
Volume
Points % Chg.
Q/Q Change
% Chg.
Average
Points % Chg.
Q/Q Change
% Chg.
3Q15
25,263,578
-34.7%
-1,419
-22.6%
3Q15
4,985,858
-42.7%
-1,447
-21.3%
4Q15
27,199,451
7.7%
-572
-11.8%
4Q15
4,231,332
-15.1%
-793
-14.9%
Retail
Energy & Utilities
Volume Average
Points % Chg.
Q/Q Change
Volume % Chg.
Average
Points % Chg.
Q/Q Change
% Chg.
3Q15
4,617,293
-24.1%
-3,993
-23.0%
3Q15
2,044,031
-40.6%
-360
-5.5%
4Q15
4,232,534
-8.3%
-846
-6.3%
4Q15
1,845,725
-9.7%
-247
-4.1%
Agriculture & Food Industries Volume Average
Telecom & IT Points
% Chg.
Q/Q Change
Volume % Chg.
Average
Points % Chg.
Q/Q Change
% Chg.
3Q15
5,655,928
-31.7%
-1,498
-13.0%
3Q15
13,468,727
-14.6%
-233
-13.3%
4Q15
8,480,108
49.9%
-907
-9.0%
4Q15
10,525,260
-21.9%
93
6.1%
Insurance
Multi Investment
Volume Average
Points % Chg.
Q/Q Change
Volume % Chg.
Average
Points % Chg.
Q/Q Change
% Chg.
3Q15
19,667,837
-28.8%
-243
-15.7%
3Q15
3,651,379
-52.2%
-963
-21.9%
4Q15
21,574,657
9.7%
-60
-4.6%
4Q15
4,503,399
23.3%
-134
-3.9%
Industrial Investment
Building & Construction
Volume Average
Points % Chg.
Q/Q Change
Volume % Chg.
Average
Points % Chg.
Q/Q Change
% Chg.
3Q15
11,212,875
-24.6%
-2,018
-24.2%
3Q15
9,067,666
-28.6%
-939
-26.7%
4Q15
10,902,172
-2.8%
105
1.7%
4Q15
10,714,010
18.2%
-279
-10.8%
Real Estate Development Volume Average
Transport Points
% Chg.
Q/Q Change
Volume % Chg.
Average
Points % Chg.
Q/Q Change
% Chg.
3Q15
37,520,790
-25.1%
-1,371
-18.0%
3Q15
4,078,516
-37.3%
-2,797
-27.2%
4Q15
40,614,384
8.2%
-282
-4.5%
4Q15
6,550,409
60.6%
312
4.2%
Media & Publishing Volume Average
Hotel & Tourism Points
% Chg.
Q/Q Change
Volume % Chg.
Average
Points % Chg.
Q/Q Change
% Chg.
3Q15
1,027,084
77.8%
-957
-41.9%
3Q15
810,248
-46.0%
-5,273
-23.1%
4Q15
8,189,134
697.3%
2,135
160.9%
4Q15
2,067,241
155.1%
-770
-4.4%
Page 2 of 5
Quarterly Report – 4Q15 January 17, 2016
Sector Summary Sector
Trades
% of Market
Volume (mln)
% of Market
Value Traded (mln)
% of Market
Banks & Financial Services
718,012
10.5%
4,329
27.1%
75,326
22.4%
Petrochemical Industries
721,312
10.5%
1,907
15.9%
59,370
17.7%
Cement
200,391
2.9%
314
3.7%
7,241
3.6%
Retail
376,389
5.5%
315
2.8%
13,280
5.8% 1.0%
Energy & Utilities
39,316
0.6%
128
1.4%
2,132
Agriculture & Food Industries
497,039
7.2%
657
3.5%
16,957
4.9%
Telecommunication & Information Technology
205,608
3.0%
756
6.5%
11,389
4.4% 12.7%
Insurance
1,357,324
19.8%
1,669
12.1%
36,092
Multi-Investment
191,753
2.8%
327
3.0%
5,815
2.3%
Industrial Investment
523,718
7.6%
720
5.9%
21,028
9.3%
Building & Construction
464,318
6.8%
710
5.0%
13,305
4.9%
Real Estate Development
549,669
8.0%
2,861
20.5%
29,467
11.3%
Transport
335,239
4.9%
457
2.8%
16,917
4.2%
Media and Publishing
513,866
7.5%
647
0.3%
19,090
0.3%
Hotel & Tourism Total
173,720
2.5%
158
0.6%
9,365
1.5%
6,867,674
100.0%
15,955
100%
336,772
100%
Top Gainers Company
Close Price
Top Losers
QTD Change %
Volume ('000)
Company
Close Price
QTD Change %
Volume ('000)
SRMG
57.77
349.6%
173,519
TCC
14.48
-30.1%
10,129
SPPC
26.29
81.6%
356,190
SGS
45.27
-26.2%
47,379
JAZADCO
17.16
54.3%
98,983
AL-AHLIA
7.47
-26.0%
88,240
SAGR INSURANCE
31.16
50.3%
44,641
SIPCHEM
14.01
-25.6%
45,297
ALINMA TOKIO M
24.05
40.0%
159,422
ALKHALEEJ TRNG
34.49
-24.9%
17,873
Most Active by Volume Company ALINMA DAR AL ARKAN EMAAR EC SAUDI KAYAN SABIC
Close Price
Most Active by Value
QTD Change %
Volume (mln)
Company
Close Price
QTD Change %
Value Traded (mln)
14.77
-12.3%
3,698
ALINMA
14.77
-12.3%
55,392
6.20
-10.9%
1,572
SABIC
76.50
-2.8%
40,475
12.94
19.5%
798
AL RAJHI
52.09
-5.3%
10,231
6.77
-18.3%
496
DAR AL ARKAN
6.20
-10.9%
10,139
76.50
-2.8%
478
SPPC
26.29
81.6%
8,618
Page 3 of 5
Quarterly Report – 4Q15 January 17, 2016
Quarterly Performance of Brent Future
Quarterly Performance of Spot Gold
Brent Crude Future
Spot Gold
Average price for the quarter ($/bbl)
Average price for the quarter ($/oz)
% Chg. Q/Q
% Chg. Q/Q
3Q15
51.30
-19.2%
3Q15
1,125.34
-5.7%
4Q15
44.69
-12.9%
4Q15
1,103.65
-1.9%
Page 4 of 5
Quarterly Report – 4Q15 January 17, 2016
For any feedback on our reports, please contact [email protected]
Disclaimer The information in this report was compiled in good faith from various public sources believed to be reliable. Whilst all reasonable care has been taken to ensure that the facts stated in this report are accurate and that the forecasts, opinions and expectations contained herein are fair and reasonable. Riyad Capital makes no representations or warranties whatsoever as to the accuracy of the data and information provided and, in particular, Riyad Capital does not represent that the information in this report is complete or free from any error. This report is not, and is not to be construed as, an offer to sell or solicitation of an offer to buy any financial securities. Accordingly, no reliance should be placed on the accuracy, fairness or completeness of the information contained in this report. Riyad Capital accepts no liability whatsoever for any loss arising from any use of this report or its contents, and neither Riyad Capital nor any of its respective directors, officers or employees, shall be in any way responsible for the contents hereof. Riyad Capital or its employees or any of its affiliates or clients may have a financial interest in securities or other assets referred to in this report. Opinions, forecasts or projections contained in this report represent Riyad Capital's current opinions or judgment as at the date of this report only and are therefore subject to change without notice. There can be no assurance that future results or events will be consistent with any such opinions, forecasts or projections which represent only one possible outcome. Further, such opinions, forecasts or projections are subject to certain risks, uncertainties and assumptions that have not been verified and future actual results or events could differ materially. The value of, or income from, any investments referred to in this report may fluctuate and/or be affected by changes. Past performance is not necessarily an indicative of future performance. Accordingly, investors may receive back less than originally invested amount. This report provides information of a general nature and does not address the circumstances, objectives, and risk tolerance of any particular investor. Therefore, it is not intended to provide personal investment advice and does not take into account the reader’s financial situation or any specific investment objectives or particular needs which the reader may have. Before making an investment decision the reader should seek advice from an independent financial, legal, tax and/or other required advisers due to the investment in such kind of securities may not be suitable for all recipients. This research report might not be reproduced, nor distributed in whole or in part, and all information, opinions, forecasts and projections contained in it are protected by the copyright rules and regulations.
Riyad Capital is a Saudi limited liability company, with commercial registration number (1010239234), licensed and organized by the Capital Market Authority under License No. (07070-37), and having its registered office at Al Takhassusi Street, Prestige Building, Riyadh, Kingdom of Saudi Arabia (“KSA”). Website: www.riyadcapital.com
Tadawul All Share Index (TASI) Quarter Ending
Open
High
Low
Close
% Change
Avg Daily Volume
Dec 31, 2015
7,404
7,867
6,672
6,912
-6.7%
222,622,739
Change
463
-732
-492
Above mentioned numbers are for the quarter
Analysis and Overview TASI remained subdued during 4Q15 and closed down by 492 points, or -6.7%. On a Y/Y basis the index declined by 1,422 points or -17.1%. The highest closing level for the index during the year was 9,834 points as on 30-04-2015, while the highest closing during 4Q15 was 7,827 points on 11-10-2015. Average daily volume (number of shares traded) for 4Q15 increased to 223 mln from 178 mln in 3Q15. During 4Q15, international oil prices remained under pressure and anticipation about the federal budget kept the sentiment of the market generally pessimistic.
Statistics For FY15: •
Total market capitalization at the end of the year reached SAR 1,579 bln (US$ 421 bln), decreased by 12.9% Y/Y.
•
Total value of shares traded for the year declined by 22.6% Y/Y to SAR 1,661 bln (US$ 443 bln) compared to SAR 2,147 bln (US$ 572 bln) in FY14.
•
Average daily value of shares traded during the year reached SAR 6,616 mln compared to SAR 8,586 mln for the previous year, decreasing by 22.9%.
•
Average daily number of shares traded during the year reached 263 mln shares compared to 282 mln shares traded during the previous year, a decrease of 6.9%.
IPOs during 4Q15: Name Alandalus Property Co.
Aiyaz Hassan [email protected] +966-11-203-6817
Offer Size ('000 shares) 21,000
Offer Price (SAR) 18.00
Offering Date
Closing Date
17-Dec-2015
-
Mansour A Alammari [email protected] +966-11-203-6815
Quarterly Report – 4Q15 January 17, 2016
Quarterly Performance of TASI and Sub-Indices TADAWUL
Banks & Financial Services
Volume Average
Points % Chg.
Q/Q Change
Volume % Chg.
Average
Points % Chg.
Q/Q Change
% Chg.
3Q15
178,411,525
-23.7%
-1,683
-18.5%
3Q15
37,665,239
4.2%
-3,070
-15.4%
4Q15
222,622,739
24.8%
-492
-6.7%
4Q15
63,863,843
69.6%
-1,222
-7.3%
Petrochemical Industries
Cement
Volume Average
Volume
Points % Chg.
Q/Q Change
% Chg.
Average
Points % Chg.
Q/Q Change
% Chg.
3Q15
25,263,578
-34.7%
-1,419
-22.6%
3Q15
4,985,858
-42.7%
-1,447
-21.3%
4Q15
27,199,451
7.7%
-572
-11.8%
4Q15
4,231,332
-15.1%
-793
-14.9%
Retail
Energy & Utilities
Volume Average
Points % Chg.
Q/Q Change
Volume % Chg.
Average
Points % Chg.
Q/Q Change
% Chg.
3Q15
4,617,293
-24.1%
-3,993
-23.0%
3Q15
2,044,031
-40.6%
-360
-5.5%
4Q15
4,232,534
-8.3%
-846
-6.3%
4Q15
1,845,725
-9.7%
-247
-4.1%
Agriculture & Food Industries Volume Average
Telecom & IT Points
% Chg.
Q/Q Change
Volume % Chg.
Average
Points % Chg.
Q/Q Change
% Chg.
3Q15
5,655,928
-31.7%
-1,498
-13.0%
3Q15
13,468,727
-14.6%
-233
-13.3%
4Q15
8,480,108
49.9%
-907
-9.0%
4Q15
10,525,260
-21.9%
93
6.1%
Insurance
Multi Investment
Volume Average
Points % Chg.
Q/Q Change
Volume % Chg.
Average
Points % Chg.
Q/Q Change
% Chg.
3Q15
19,667,837
-28.8%
-243
-15.7%
3Q15
3,651,379
-52.2%
-963
-21.9%
4Q15
21,574,657
9.7%
-60
-4.6%
4Q15
4,503,399
23.3%
-134
-3.9%
Industrial Investment
Building & Construction
Volume Average
Points % Chg.
Q/Q Change
Volume % Chg.
Average
Points % Chg.
Q/Q Change
% Chg.
3Q15
11,212,875
-24.6%
-2,018
-24.2%
3Q15
9,067,666
-28.6%
-939
-26.7%
4Q15
10,902,172
-2.8%
105
1.7%
4Q15
10,714,010
18.2%
-279
-10.8%
Real Estate Development Volume Average
Transport Points
% Chg.
Q/Q Change
Volume % Chg.
Average
Points % Chg.
Q/Q Change
% Chg.
3Q15
37,520,790
-25.1%
-1,371
-18.0%
3Q15
4,078,516
-37.3%
-2,797
-27.2%
4Q15
40,614,384
8.2%
-282
-4.5%
4Q15
6,550,409
60.6%
312
4.2%
Media & Publishing Volume Average
Hotel & Tourism Points
% Chg.
Q/Q Change
Volume % Chg.
Average
Points % Chg.
Q/Q Change
% Chg.
3Q15
1,027,084
77.8%
-957
-41.9%
3Q15
810,248
-46.0%
-5,273
-23.1%
4Q15
8,189,134
697.3%
2,135
160.9%
4Q15
2,067,241
155.1%
-770
-4.4%
Page 2 of 5
Quarterly Report – 4Q15 January 17, 2016
Sector Summary Sector
Trades
% of Market
Volume (mln)
% of Market
Value Traded (mln)
% of Market
Banks & Financial Services
718,012
10.5%
4,329
27.1%
75,326
22.4%
Petrochemical Industries
721,312
10.5%
1,907
15.9%
59,370
17.7%
Cement
200,391
2.9%
314
3.7%
7,241
3.6%
Retail
376,389
5.5%
315
2.8%
13,280
5.8% 1.0%
Energy & Utilities
39,316
0.6%
128
1.4%
2,132
Agriculture & Food Industries
497,039
7.2%
657
3.5%
16,957
4.9%
Telecommunication & Information Technology
205,608
3.0%
756
6.5%
11,389
4.4% 12.7%
Insurance
1,357,324
19.8%
1,669
12.1%
36,092
Multi-Investment
191,753
2.8%
327
3.0%
5,815
2.3%
Industrial Investment
523,718
7.6%
720
5.9%
21,028
9.3%
Building & Construction
464,318
6.8%
710
5.0%
13,305
4.9%
Real Estate Development
549,669
8.0%
2,861
20.5%
29,467
11.3%
Transport
335,239
4.9%
457
2.8%
16,917
4.2%
Media and Publishing
513,866
7.5%
647
0.3%
19,090
0.3%
Hotel & Tourism Total
173,720
2.5%
158
0.6%
9,365
1.5%
6,867,674
100.0%
15,955
100%
336,772
100%
Top Gainers Company
Close Price
Top Losers
QTD Change %
Volume ('000)
Company
Close Price
QTD Change %
Volume ('000)
SRMG
57.77
349.6%
173,519
TCC
14.48
-30.1%
10,129
SPPC
26.29
81.6%
356,190
SGS
45.27
-26.2%
47,379
JAZADCO
17.16
54.3%
98,983
AL-AHLIA
7.47
-26.0%
88,240
SAGR INSURANCE
31.16
50.3%
44,641
SIPCHEM
14.01
-25.6%
45,297
ALINMA TOKIO M
24.05
40.0%
159,422
ALKHALEEJ TRNG
34.49
-24.9%
17,873
Most Active by Volume Company ALINMA DAR AL ARKAN EMAAR EC SAUDI KAYAN SABIC
Close Price
Most Active by Value
QTD Change %
Volume (mln)
Company
Close Price
QTD Change %
Value Traded (mln)
14.77
-12.3%
3,698
ALINMA
14.77
-12.3%
55,392
6.20
-10.9%
1,572
SABIC
76.50
-2.8%
40,475
12.94
19.5%
798
AL RAJHI
52.09
-5.3%
10,231
6.77
-18.3%
496
DAR AL ARKAN
6.20
-10.9%
10,139
76.50
-2.8%
478
SPPC
26.29
81.6%
8,618
Page 3 of 5
Quarterly Report – 4Q15 January 17, 2016
Quarterly Performance of Brent Future
Quarterly Performance of Spot Gold
Brent Crude Future
Spot Gold
Average price for the quarter ($/bbl)
Average price for the quarter ($/oz)
% Chg. Q/Q
% Chg. Q/Q
3Q15
51.30
-19.2%
3Q15
1,125.34
-5.7%
4Q15
44.69
-12.9%
4Q15
1,103.65
-1.9%
Page 4 of 5
Quarterly Report – 4Q15 January 17, 2016
For any feedback on our reports, please contact [email protected]
Disclaimer The information in this report was compiled in good faith from various public sources believed to be reliable. Whilst all reasonable care has been taken to ensure that the facts stated in this report are accurate and that the forecasts, opinions and expectations contained herein are fair and reasonable. Riyad Capital makes no representations or warranties whatsoever as to the accuracy of the data and information provided and, in particular, Riyad Capital does not represent that the information in this report is complete or free from any error. This report is not, and is not to be construed as, an offer to sell or solicitation of an offer to buy any financial securities. Accordingly, no reliance should be placed on the accuracy, fairness or completeness of the information contained in this report. Riyad Capital accepts no liability whatsoever for any loss arising from any use of this report or its contents, and neither Riyad Capital nor any of its respective directors, officers or employees, shall be in any way responsible for the contents hereof. Riyad Capital or its employees or any of its affiliates or clients may have a financial interest in securities or other assets referred to in this report. Opinions, forecasts or projections contained in this report represent Riyad Capital's current opinions or judgment as at the date of this report only and are therefore subject to change without notice. There can be no assurance that future results or events will be consistent with any such opinions, forecasts or projections which represent only one possible outcome. Further, such opinions, forecasts or projections are subject to certain risks, uncertainties and assumptions that have not been verified and future actual results or events could differ materially. The value of, or income from, any investments referred to in this report may fluctuate and/or be affected by changes. Past performance is not necessarily an indicative of future performance. Accordingly, investors may receive back less than originally invested amount. This report provides information of a general nature and does not address the circumstances, objectives, and risk tolerance of any particular investor. Therefore, it is not intended to provide personal investment advice and does not take into account the reader’s financial situation or any specific investment objectives or particular needs which the reader may have. Before making an investment decision the reader should seek advice from an independent financial, legal, tax and/or other required advisers due to the investment in such kind of securities may not be suitable for all recipients. This research report might not be reproduced, nor distributed in whole or in part, and all information, opinions, forecasts and projections contained in it are protected by the copyright rules and regulations.
Riyad Capital is a Saudi limited liability company, with commercial registration number (1010239234), licensed and organized by the Capital Market Authority under License No. (07070-37), and having its registered office at Al Takhassusi Street, Prestige Building, Riyadh, Kingdom of Saudi Arabia (“KSA”). Website: www.riyadcapital.com
