KAMCO Research

Kuwait Market Daily Report

December 31, 2014

Sector Weight by Market Cap

Financial Services
Technology
10%
0.2%

Market Cap.
Kuwaiti Stock Exchange

0.2%

(2.4%)

(4.5%)

(0.2%)

(4.7%)

(11.0%)

649.2

0.6%

(2.6%)

(6.0%)

Industrials

2,728.8

0.2%

(5.1%)

(1.6%)

Consumer Goods

1,217.3

(1.9%)

2.0%

7.9%

183.9

0.4%

(2.5%)

(13.9%)

Health Care

1.4%

(1.0%)

(12.2%)

0.1%

1.9%

(14.5%)

14,591.7

0.3%

(3.4%)

(0.3%)

356.9

0.2%

4.7%

4.5%

Real Estate

2,392.8

0.2%

0.3%

(10.0%)

Financial Services

3,013.4

0.0%

(4.1%)

(10.2%)

56.3

1.2%

3.5%

(18.0%)

Telecommunications
Banks

Technology

66

Market Breadth

% Chg

% Chg

% Chg

0.1%

(2.2%)

(1.9%)

KSE Price Index

6,535.72

25.6

0.4%

(3.2%)

(13.4%)

438.88

0.7

0.2%

(3.4%)

(3.1%)

1,059.95

(1.2)

(0.1%)

(4.1%)

(0.8%)

29,706

48.0

0.2%

(2.4%)

(4.5%)

10.1%

25.9

7.0%

3- Zain

2,290.4

10.5

14.2%

Kuwait 15 Index

4- Ahli United Bank - Bahrain

1,416.8

11.4

14.0%

Market Cap (KWD Mn)

5- Kuwait Food Co. (Americana)

1,125.6

21.1

16.1%

6- Kuwait Projects Co.

1,031.5

23.6

8.4%

*: ROE is calculated based on TTM 1H-2014 net profit & shareholders' equity as of 30-June-14

Top Movers and Most Active Stocks

Close

Change

Percent

(KWD)

(KWD)

Change

Palms Agro Production Co.

0.120

0.010

9.1%

National Co. for Consumer Industries

0.108

0.009

9.1%

Specialities Group Holding Co.

0.136

0.010

7.9%

Today's Top % Gainers

Alimtiaz Investment Co.

0.068

0.005

7.9%

Al-Madina for Finance & Investment Co.

0.029

0.002

5.5%

300

2,750
2,700

200

2,650

100

2,600

Market Trading Data and Volatility

Trading Indicators

Volume (Shrs Mn)

Value Traded (KWD Mn)

Today's Top % Losers

Close

Change

Percent

(KWD)

(KWD)

Change

Gulf Finance House

0.025

(0.002)

(7.4%)

Al Madar Finance & Investment Co.

0.033

(0.003)

(7.0%)

Gulf North Africa Holding Co.

0.035

(0.003)

(6.7%)

1.1.15

9.8%

6.12.14

17.61

19.12.14

16,948

400

2,800

23.11.14

Total

500

2,850

10.11.14

5.6%

3.7.14

17.5

7.6.14

854.1

20.6.14

10- Agility

600

2,900

23.2.14

5.2%

10.2.14

30.7

28.1.14

889.5

700

2,950

2.1.14

9- Commercial Bank of Kuwait

800

3,000

15.1.14

14.4%

Index Performance relative to Volume

3,050
KAMCO TRW Index Value

4.7%

20.5

KSE Weighted Index

Volume traded (shr. mil.)

17.2

36.7

YTD

3.0

3,118.9

916.3

Value

90
MTD

Chg

4,367.8

936.8

DTD

2,755.40

2- Kuwait Finance House

8- Ahli United Bank - Kuwait

DTD

KAMCO TRWI
1- National Bank of Kuwait

7- Burgan Bank

37

Closing

25.5.14

(%)

12.5.14

(X)

29.4.14

(Mn KWD)

Benchmark Return

3.4.14

ROE*

16.4.14

P/E

8.3.14

Market Cap.

21.3.14

Company Name

28.10.14

Top 10 Kuwaiti Companies by Market Capitalization

2.10.14

Consumer
Services
3%

Insurance

15.10.14

Health Care
0.6%

6.9.14

Telecom
11%

777.5
3,347.3

Consumer Services

19.9.14

Consumer Goods
4%

YTD
% Chg

24.8.14

Industrials
9%

MTD
% Chg

391.2

Basic Materials

Basic Materials
2%

DTD
% Chg

29,706.2

Oil & Gas

11.8.14

Oil & Gas

2%

Banks
49%

DTD

(KWD Mn)

29.7.14

Real Estate
8%

16.7.14

Insurance
1%

Market Capitalization - Sectors' Return

No. of Trades

Today's

DTD

DTD

Value

Chg

% Chg

YTD 2013

303.1

401.6

(24.5%)

218.4

27.9

64.2

(56.5%)

25.1

45.5

8,439

9637.0

(12.4%)

4,908

8,912

Market Volatility**

KAMCO TRW Index

Average Daily
YTD 2014

516.4

Volatility Since January:

2014

2013

2012

2011

2010

7.2%

6.2%

5.9%

7.1%

7.8%

MENA Real Estate Co.

0.038

(0.003)

(6.2%)

KSE Price Index

10.5%

11.2%

10.3%

9.9%

9.8%

Metal & Recyling Industries Co.

0.081

(0.005)

(5.8%)

KSE Weighted Index

10.5%

9.1%

8.7%

10.0%

10.8%

Close

Change

Volume

(KWD)

(KWD)

(Shares)

Gulf Finance House

0.025

(0.002)

55,228,021

National Ranges Co. (MAYADEEN)

0.031

(0.001)

26,508,314

Investors Holding Group Co.

0.037

0.001

Manazel Holding Co.

0.046

Hits Telecom Holding Co.

0.031

**: Annualized Standard Deviation of Daily Returns

Today's Most Active by Volume

Source: KAMCO Research

Close

Change

Value

(KWD)

(KWD)

(KWD)

kuwait Telecommunication Co.

0.650

0.010

4,652,211

Boubyan Bank

0.410

0.005

3,892,877

20,094,637

Gulf Finance House

0.025

(0.002)

1,386,697

(0.002)

14,563,406

Kuwait Finance House

0.720

(0.010)

1,385,742

(0.001)

12,558,199

Kuwait Projects Co. (Holding)

0.700

0.000

1,234,500

Today's Most Active by Value

KAMCO Research
KUWAIT 15 INDEX Data

Wednesday, December 31, 2014

Closing Price

Market Capitalization

Valuation Multiples

KWD

DTD
Chg.
(KWD)

D-T-D
Return

National Bank of Kuwait

0.910

0.010

1.11%

4,368

25.2%

14.7%

17.2

Kuwait Finance House

0.720

(0.010)

(1.37%)

3,119

18.0%

10.5%

0.530

0.000

0.00%

2,290

13.2%

Kuwait Food Co. (Americana)

2.800

(0.060)

(2.10%)

1,126

Kuwait Projects Co. (Holding)

0.700

0.000

0.00%

Burgan Bank

0.480

0.000

Boubyan Bank

0.410

YTD-14 Trading Indicators

Yield

Beta

ROE

YTD-14
Price
Return

1.74

3.1%

1.48

10.1%

10.8%

555.9

537.5

25.9

1.80

1.6%

1.51

7.0%

3.5%

621.2

504.7

7.7%

10.5

1.49

8.5%

1.63

14.2%

(15.9%)

459.0

292.6

6.5%

3.8%

21.1

3.39

3.0%

0.82

16.1%

14.5%

23.2

64.0

1,032

6.0%

3.5%

23.6

1.99

2.7%

1.57

8.4%

21.9%

228.4

161.4

0.00%

937

5.4%

3.2%

36.7

1.74

1.2%

1.33

4.7%

7.2%

405.1

217.9

0.005

1.23%

806

4.6%

2.7%

40.9

2.89

0.0%

1.49

7.1%

(21.7%)

254.2

111.8

0.290

0.000

0.00%

842

4.9%

2.8%

25.1

1.70

0.0%

0.90

6.8%

(18.7%)

221.6

75.9

Agility (PWC Logistics)

0.740

(0.010)

(1.33%)

854

4.9%

2.9%

17.5

0.99

4.9%

1.92

5.6%

18.7%

425.2

336.7

0.960

0.000

0.00%

709

4.1%

2.4%

16.0

2.98

2.5%

1.41

18.7%

(7.7%)

110.3

117.1

Boubyan Petrochemicals

0.650

0.010

1.56%

331

1.9%

1.1%

11.7

1.24

6.5%

1.38

10.6%

12.0%

55.6

40.3

Kuwait International Bank

0.248

(0.007)

(2.75%)

257

1.5%

0.9%

16.0

1.13

2.5%

1.47

7.1%

(13.6%)

158.5

47.7

National Industries Group

0.190

(0.004)

(2.06%)

258

1.5%

0.9%

33.4

0.60

0.0%

2.00

1.8%

(14.6%)

359.9

83.8

Warba Bank

0.236

0.006

2.61%

236

1.4%

0.8%

NM

2.57

0.0%

NA

NM

(28.5%)

387.9

106.0

The Commercial Real Estate Co.

0.096

0.002

2.13%

163

0.9%

0.6%

14.4

0.65

6.2%

1.29

4.5%

10.9%

419.2

41.2

(1.18)

-0.11%

17,328

100%

58%

18.7

1.68

3.16%

9.0%

-0.8%

4,685

2,738

42%

18.1

1.02

3.39%

5.6%

48,537

3,370

Kuwait 15 Index Constituents

Zain

Gulf Bank

Mabanee Co.

Subtotal- Kuwait 15 Index

Remaining of the Market
Source: KAMCO Research

1,059.95

KWD Mn

12,378

Weight in
Kuwait 15

Weight in
P/E (X) P/BV (X)
KSE

Turnover
(Mn Shrs)

Value
(KWD Mn)

KAMCO Research
KSE Daily Bulletin

Kuwait Stock Exchange Daily Bulletin

Wednesday, December 31, 2014

Valuation Multiples

Company

Contracting & Marine Services Co.

IKARUS Petroleum Industries Co.
Al-Safat Energy Holding Co.
Independent Petroleum Group
National Petroleum Services Co.
The Energy House Co.
Gulf Petroleum Investment
Burgan Co. for Drilling, Tdg. & Maint. *
Oil & Gas
Kuwait Foundry Co.
Boubyan Petrochemicals Co.*
Al Kout for Industrial Projects Co.
Qurain Petrochemical Industries Co. *
Basic Materials
Specialities Group Holding Co.
Kuwait Cement Co.
Refrigeration Industries & Storage Co.
Gulf Cable & Electrical Ind. Co.
Heavy Eng'g Ind. & Shipbuilding Co.
Kuwait Portland Cement Co.
Shuaiba Industrial Co.
Metal & Recycling Co.
ACICO Industries Co.
Gulf Glass Manufacturing Co.
Hilal Cement Co.
Kuwait Packing Materials Co.
Kuwait Building Materials Co.
National Industries Co.
Equipment Holding Co.
National Co. for Consumer Industries
Kuwait Gypsum Manufacturing & Tdg. Co.
Salbookh Trading Co.
Agility (PWC Logistics)
Educational Holding Group*
National Cleaning Co.
City Group Co.
Kuwait & Gulf Link Transport Co.
Kuwait Co. For Process Plant Const. & Cont.
Human Soft Holding Co.
Nafais Holding Co.
Safwan Trading & Contracting Co.
Gulf Franchising Co.
National Ranges Co.
Combined Group Contracting Co.
Mishref General Trading & Contracting Co.
United Projects Group
ALAFCO Aviation Lease & Finance Co.*
Mubarrad Transport Co.
KGL Logistics Co.
Sharjah Cement Co.

Reuters
Ticker

Trailing
P/E (X)

Trailing
P/BV (X)

Dividend
Yield

MARI.KW
IKAR.KW
SENE.KW
IPGK.KW
NAPS.KW
ENER.KW
GPIK.KW
ABAR.KW

14.5
10.7
NM
10.4
11.3
NM
7.9
20.4
24.4
21.6
11.7
8.0
9.2
10.7
8.3
16.3
9.5
15.5
12.0
13.4
14.2
NM
10.1
11.8
68.6
11.8
21.4
21.7
46.0
62.9
30.3
NM
17.5
12.0
19.0
6.6
NM
8.1
8.0
5.1
10.2
NM
NM
35.9
NM
10.7
12.7
5.4
10.9
9.8

0.58
0.69
0.35
0.77
2.06
1.10
0.68
0.75
0.76
0.90
1.24
1.81
0.76
1.01
0.58
1.51
1.42
1.01
0.74
1.81
1.01
0.40
0.90
1.30
0.68
1.38
2.48
0.88
0.74
1.33
1.13
0.99
0.99
1.18
0.42
1.71
0.31
0.84
1.82
0.60
1.72
0.59
0.27
2.67
0.65
1.91
1.08
0.53
0.80
0.46

0.00%
6.40%
0.00%
6.95%
5.96%
0.00%
0.00%
0.00%
3.52%
3.08%
6.50%
7.69%
4.76%
5.72%
4.90%
4.37%
2.96%
4.35%
0.00%
6.54%
4.38%
0.00%
3.16%
6.49%
4.86%
5.61%
1.07%
0.00%
0.00%
0.00%
0.00%
0.00%
4.89%
3.64%
0.00%
9.21%
0.00%
3.86%
8.49%
0.00%
7.96%
0.00%
0.00%
7.24%
0.00%
9.64%
1.92%
0.00%
8.71%
4.18%

KFDC.KW
BPCC.KW
ALKK.KW
ALQK.KW
SPEC.KW
KCEM.KW
REFR.KW
CABL.KW
SHIP.KW
PCEM.KW
PAPE.KW
MRCK.KW
ACIC.KW
GGMC.KW
HCCK.KW
KPAK.KW
KBMM.KW
NIBM.KW
EQUI.KW
NCCI.KW
GYPK.KW
SALB.KW
AGLT.KW
EDUK.KW
CLEA.KW
TTGC.KW
KGLK.KW
KCPC.KW
HUMN.KW
NAFA.KW
SAFW.KW
GFCI.KW
MAYA.KW
CGCK.KW
MTCC.KW
UPAC.KW
ALAF.KW
MBRD.KW
LOGK.KW
SCEM.KW

18

19

20

Price (KWD)
Beta

Closing

DTD
Change

0.56
0.99
1.39
0.66
0.38
0.76
1.14
0.58

0.118
0.148
0.024
0.410
0.570
0.087
0.082
0.208

0.000
0.000
0.001
0.000
0.000
0.000
(0.003)
0.000

0.51
1.38
0.05
1.16

0.325
0.650
0.520
0.202

0.005
0.010
0.000
(0.002)

NA
1.13
0.64
0.92
0.97
1.15
0.45
1.12
0.94
0.33
0.14
0.25
0.10
0.49
1.27
0.32
0.03
0.65
1.92
0.57
1.12
0.39
1.60
0.40
0.11
0.19
0.14
0.87
1.56
0.72
0.60
0.37
1.25
1.29
1.26
0.68

0.136
0.400
0.335
0.690
0.148
1.300
0.255
0.081
0.300
0.440
0.144
0.405
0.445
0.208
0.098
0.108
0.170
0.089
0.740
0.164
0.064
0.380
0.058
0.242
0.385
0.087
0.405
0.052
0.031
0.920
0.062
0.770
0.248
0.060
0.104
0.091

0.010
0.020
0.000
0.000
0.004
0.000
0.005
(0.005)
0.005
0.005
0.000
0.000
0.000
(0.004)
(0.002)
0.009
0.000
(0.001)
(0.010)
0.000
0.000
0.000
0.002
0.000
0.000
0.000
0.000
0.001
(0.001)
0.010
0.000
0.000
(0.007)
0.000
0.002
0.000

21

11

13

Daily Trading Data

16

MKT Cap 52 Weeks

52 Weeks
(KWD Mn.) High (KWD) Low (KWD)

27.0
116.6
14.2
62.4
32.8
65.3
29.4
43.6
391.2
50.0
331.1
45.9
222.2
649.2
20.4
293.3
29.9
144.9
25.4
118.2
16.4
6.7
78.4
19.5
10.1
18.8
13.5
73.5
13.4
9.7
5.1
9.3
854.1
40.2
16.0
42.9
15.3
17.7
47.1
36.7
20.3
1.7
8.5
102.7
24.8
63.5
203.1
9.8
63.0
50.3

27

0.190
0.200
0.053
0.480
0.620
0.108
0.114
0.242

28

0.095
0.116
0.017
0.375
0.510
0.078
0.066
0.176

0.420
0.800
0.520
0.275

0.290
0.600
0.520
0.182

0.208
0.455
0.365
0.860
0.162
1.440
0.355
0.138
0.370
0.750
0.250
0.630
0.455
0.240
0.188
0.164
0.186
0.118
0.920
0.180
0.142
0.495
0.108
0.360
0.550
0.106
0.500
0.104
0.066
1.300
0.124
0.820
0.280
0.093
0.265
0.112

0.120
0.340
0.320
0.530
0.136
1.220
0.232
0.080
0.270
0.435
0.100
0.405
0.150
0.196
0.095
0.062
0.120
0.057
0.620
0.132
0.056
0.380
0.045
0.240
0.238
0.073
0.405
0.048
0.014
0.780
0.054
0.600
0.234
0.050
0.093
0.089

YTD-14
#
Return
15

(30.4%)
0.9%
(52.0%)
7.3%
18.6%
(17.9%)
6.3%
(11.1%)
(11.0%)
(15.2%)
12.0%
1.8%
(4.5%)
(6.0%)
(31.9%)
14.5%
9.5%
(15.3%)
2.2%
(1.1%)
9.8%
(39.6%)
10.2%
(26.6%)
(31.4%)
0.1%
56.9%
8.3%
(31.9%)
(22.9%)
(5.6%)
(16.0%)
18.7%
6.3%
(51.3%)
(17.0%)
(42.0%)
(24.5%)
94.3%
(5.4%)
(4.8%)
(44.1%)
(65.1%)
(21.8%)
(40.4%)
4.7%
(5.1%)
(20.0%)
(37.7%)
6.3%

24

Volume
(Shrs.)

18,999
0
7,524,428
0
0
0
2,642,115
0
10,185,542
3,000
91,585
0
145,869
240,454
177,789
304,537
0
37,000
7,900
0
182,800
26,740
149,605
420
0
0
0
3,417
1,597,944
1,000
0
63,740
166,669
0
755,067
1,014
694,500
0
20,000
0
0
75,600
26,508,314
42,706
217,481
0
612,801
2,580,575
698,088
71,769

YTD-14

Value
(KWD)

Capital
Turnover

2,177
0
173,294
0
0
0
218,604
0
394,076
965
59,014
0
29,249
89,229
24,175
121,815
0
25,560
1,138
0
46,703
2,170
44,882
185
0
0
0
711
155,588
108
0
5,679
123,835
0
48,224
410
39,296
0
7,708
0
0
3,985
814,760
39,146
13,170
0
153,134
156,913
72,015
6,531

1.8%
13.6%
223.5%
1.4%
22.5%
6.4%
310.0%
1.1%

25

32

7.0%
10.9%
0.0%
10.7%
9.1%
1.1%
2.2%
10.0%
12.6%
7.5%
34.6%
17.1%
4.2%
0.6%
0.4%
0.1%
0.2%
2.5%
222.6%
0.6%
0.0%
202.8%
36.8%
0.5%
30.1%
0.6%
55.3%
10.0%
1.8%
8.0%
1.2%
23.5%
895.5%
3.4%
23.6%
0.6%
10.0%
199.3%
23.7%
25.9%

ROE

22

4.0%
6.4%
NM
7.4%
18.2%
NM
8.5%
3.7%
3.1%
4.2%
10.6%
22.6%
8.3%
9.5%
7.0%
9.3%
15.0%
6.5%
6.1%
13.5%
7.1%
NM
8.9%
11.0%
1.0%
11.7%
11.6%
4.0%
1.6%
2.1%
3.7%
0.8%
5.6%
9.8%
2.2%
25.8%
NM
10.3%
22.8%
11.9%
16.8%
NM
NM
7.4%
NM
17.9%
8.5%
9.8%
7.3%
4.7%

KAMCO Research
KSE Daily Bulletin

Kuwait Stock Exchange Daily Bulletin

Wednesday, December 31, 2014

Valuation Multiples

Company

Gulf Cement Co.

Umm Al-Qaiwain Cement Industries Co.
Fujairah Cement Industries Co.
Ras-Al-Khaimah for White Cement Co.
Industrials
Kuwait Slaughter House Co.
National Slaughter Houses Co.
Palms Agro Production Co.
Livestock Transport & Trading Co.
Danah Alsafat Foodstuff Co.
Kuwait United Poultry Co.
Kuwait Food Co. (Americana)
Consumer Goods
AL-Mowasat Healthcare Co.
Advanced Technology Co.
Yiaco Medical Co.
Health Care
Kuwait National Cinema Co.
Kuwait Hotels Co.
Sultan Center Food Products Co.
Kuwait Cable Vision Co.
EYAS for Higher & Technical Education Co.*
IFA Hotels & Resorts Co.*
Oula Fuel Marketing Co.
Kuwait Resorts Co.
Jazeera Airways Co.
Soor Fuel Marketing Co.
Future Kid Entertainment and R.E Co.
Al-Nawadi Holding Co.
Al Rai Media Group Co.
Zima Holding Co.
United Foodstuff Industries Group Co.
Kout Food Group
Consumer Services
Zain
National Mobile Telecom Co.
Hits Telecom Holding Co.
kuwait Telecommunication Co.
Telecommunications
National Bank of Kuwait
Gulf Bank
Commercial Bank of Kuwait
Ahli Bank of Kuwait
Ahli United Bank - Kuwait
Kuwait International Bank
Burgan Bank
Kuwait Finance House
Boubyan Bank
Warba Bank
Ahli United Bank - Bahrain
Ithmaar Bank
Banks

Reuters
Ticker

Trailing
P/E (X)

Trailing
P/BV (X)

Dividend
Yield

GCEM.KW
QCEM.KW
FCEM.KW
RKWC.KW

8.7
22.8
NM
20.8
14.8
8.8
11.5
10.5
NM
NM
7.6
21.1
24.7
9.8
31.8
13.6
22.6
11.0
37.9
17.4
NM
9.1
NM
16.8
5.4
13.1
15.0
15.2
8.0
4.4
NM
NM
10.8
16.0
10.5
9.9
NM
8.4
10.3
17.2
25.1
30.7
17.8
20.5
16.0
36.7
25.9
40.9
NM
11.4
NM
21.4

0.84
0.68
0.38
0.92
1.00
1.81
1.18
0.76
0.88
0.63
1.15
3.39
2.79
0.92
3.57
0.75
1.96
1.74
1.70
1.31
1.58
1.37
1.71
1.04
0.85
2.52
1.04
0.66
0.85
0.71
1.03
1.82
1.69
1.45
1.49
0.92
0.44
8.35
1.40
1.74
1.70
1.58
1.23
2.95
1.13
1.74
1.80
2.89
2.57
1.59
0.92
1.75

4.17%
6.86%
0.00%
2.87%
4.43%
10.71%
9.33%
8.32%
0.00%
0.00%
5.39%
2.95%
2.96%
5.43%
1.61%
0.00%
1.75%
4.91%
2.74%
0.00%
0.00%
4.84%
0.00%
0.00%
5.28%
3.41%
0.00%
5.80%
0.00%
4.52%
0.00%
0.00%
3.57%
2.34%
8.50%
8.88%
0.00%
0.00%
7.69%
3.08%
0.00%
1.00%
3.17%
2.56%
2.54%
1.15%
1.57%
0.00%
0.00%
5.13%
0.00%
2.24%

KSHK.KW
NSHK.KW
PAPK.KW
CATT.KW
DANK.KW
POUL.KW
FOOD.KW
MHCK.KW
ATCK.KW
YIAC.KW
KCIN.KW
KHOT.KW
SCFK.KW
KWTV.KW
EYAS.KW
IFAH.KW
OULA.KW
MUNK.KW
JAZK.KW
SOOR.KW
KIDK.KW
ALNA.KW
ALRA.KW
ZIMAH.KW
UFIG.KW
KOUT.KW
ZAIN.KW
OORE.KW
HITS.KW
VIVA.KW
NBKK.KW
GBKK.KW
CBKK.KW
ABKK.KW
BKME.KW
KIBK.KW
BURG.KW
KFIN.KW
BOUK.KW
WARB.KW
AUBK.KW
ITHMR.KW

18

19

20

Price (KWD)
Beta

Closing

DTD
Change

0.96
0.82
0.87
1.10

0.096
0.102
0.076
0.126

0.002
0.003
0.001
0.000

0.07
0.05
0.37
0.66
1.52
0.58
0.82

0.226
0.150
0.120
0.146
0.075
0.180
2.800

0.000
0.000
0.010
0.000
(0.002)
0.000
(0.060)

0.08
NA
0.92

0.184
0.930
0.146

0.000
0.000
0.004

0.22
0.12
1.88
0.49
0.11
0.55
0.45
0.63
0.80
0.60
0.09
0.01
0.96
NA
0.04
0.16

0.980
0.178
0.092
0.036
0.310
0.200
0.148
0.089
0.440
0.140
0.114
0.120
0.110
0.108
0.242
0.840

(0.020)
0.000
0.001
0.000
0.000
0.010
0.006
0.003
0.005
0.002
0.000
0.000
0.000
0.000
0.000
0.000

1.63
1.18
0.98
NA

0.530
1.400
0.031
0.650

0.000
0.000
(0.001)
0.010

1.48
0.90
0.82
0.74
1.03
1.47
1.33
1.51
1.49
NA
0.61
1.29

0.910
0.290
0.630
0.410
0.640
0.248
0.480
0.720
0.410
0.236
0.236
0.047

0.010
0.000
0.000
0.000
0.010
(0.007)
0.000
(0.010)
0.005
0.006
0.002
0.000

21

11

13

Daily Trading Data

16

MKT Cap 52 Weeks

52 Weeks
(KWD Mn.) High (KWD) Low (KWD)

78.8
37.0
27.0
61.8
2,728.8
7.0
4.3
6.3
31.6
21.7
20.8
1,125.6
1,217.3
17.8
139.5
26.6
183.9
99.0
10.3
53.3
1.1
35.8
127.1
56.5
16.7
184.8
54.0
13.3
19.8
25.6
10.8
8.1
61.5
777.5
2,290.4
705.6
26.6
324.6
3,347.3
4,367.8
841.9
889.5
663.9
916.3
257.3
936.8
3,118.9
805.7
236.0
1,416.8
140.9
14,591.7

27

0.142
0.118
0.096
0.154

28

0.087
0.088
0.067
0.112

0.265
0.172
0.138
0.280
0.096
0.206
3.260

0.222
0.126
0.100
0.120
0.063
0.144
2.400

0.200
0.940
0.350

0.162
0.850
0.124

1.500
0.178
0.118
0.062
0.355
0.290
0.224
0.112
0.520
0.194
0.128
0.150
0.164
0.194
0.300
0.930

0.850
0.096
0.081
0.033
0.280
0.170
0.134
0.072
0.400
0.138
0.090
0.106
0.098
0.089
0.242
0.700

0.700
1.940
0.076
0.750

0.455
1.280
0.026
0.475

1.020
0.400
0.840
0.465
0.790
0.330
0.600
0.960
0.580
0.330
0.246
0.071

0.800
0.270
0.600
0.390
0.590
0.240
0.460
0.650
0.375
0.194
0.204
0.035

YTD-14
#
Return
15

(5.8%)
16.7%
(10.6%)
14.0%
(1.6%)
6.0%
12.3%
3.2%
(41.6%)
(12.8%)
20.3%
14.5%
7.9%
21.3%
3.8%
(56.8%)
(13.9%)
3.9%
22.0%
(7.1%)
(41.0%)
58.0%
(29.8%)
(28.0%)
6.8%
(8.1%)
(21.8%)
2.5%
6.5%
(16.7%)
(14.3%)
(19.3%)
17.6%
(12.2%)
(15.9%)
(13.4%)
(43.5%)
(7.1%)
(14.5%)
10.8%
(18.7%)
(4.5%)
(3.9%)
1.5%
(13.6%)
7.2%
3.5%
(21.7%)
(28.5%)
27.7%
(27.3%)
(0.3%)

24

Volume
(Shrs.)

765,748
5,001
102,500
230,020
36,100,745
0
0
1,750
0
873,550
0
33,393
908,693
1,500
0
148,700
150,200
27,372
12,157
446,808
686
0
924,487
358,895
507,470
113,429
74,325
0
0
0
0
0
10,000
2,475,629
1,683,221
245,890
12,558,199
7,115,189
21,602,499
143,253
1,268,144
104,631
33,818
13,500
1,521,861
210,000
1,921,510
9,459,798
4,045,530
1,081,000
5,683,318
25,486,363

YTD-14

Value
(KWD)

Capital
Turnover

71,997
510
7,712
28,523
2,016,581
0
0
210
0
65,126
0
93,262
158,598
276
0
21,535
21,811
27,323
2,164
40,735
23
0
184,737
53,045
43,672
49,909
10,523
0
0
0
0
0
8,400
420,531
892,123
344,146
385,363
4,652,211
6,273,842
129,158
368,321
65,918
13,875
8,640
381,638
100,800
1,385,742
3,892,877
946,977
254,758
261,048
7,809,752

28.9%
44.8%
92.8%
5.5%

25

32

0.4%
1.6%
0.7%
11.4%
174.1%
3.2%
5.8%
0.4%
7.9%
9.1%
1.3%
2.3%
24.9%
5.8%
2.4%
8.3%
9.3%
145.3%
12.9%
6.5%
1.2%
2.1%
11.1%
0.5%
0.2%
3.5%
10.6%
1.2%
73.3%
28.1%
11.6%
7.6%
3.7%
2.1%
3.2%
15.3%
20.8%
14.3%
12.9%
38.8%
5.3%
48.4%

ROE

22

9.6%
3.0%
0.3%
4.4%
6.7%
20.6%
10.3%
7.2%
NM
NM
15.2%
16.1%
11.3%
9.4%
11.2%
5.5%
8.7%
15.7%
4.5%
7.6%
NM
15.1%
NM
6.2%
15.6%
19.1%
7.0%
4.3%
10.6%
16.4%
NM
NM
15.6%
9.1%
14.2%
9.4%
NM
99.8%
13.5%
10.1%
6.8%
5.2%
6.9%
14.4%
7.1%
4.7%
7.0%
7.1%
NM
14.0%
NM
8.2%

KAMCO Research
KSE Daily Bulletin

Kuwait Stock Exchange Daily Bulletin

Wednesday, December 31, 2014

Valuation Multiples

Company

Kuwait Insurance Co.

Gulf Insurance Group
Ahleiah Insurance Co.
Warba Insurance Co.
Kuwait Reinsurance Co.
First Takaful Insurance Co.
Wethaq Takaful Insurance Co.
Bahrain Kuwait Insurance Co.
Insurance
Sokouk Holding Co.
Kuwait Real Estate Co.
United Real Estate Co.
National Real Estate Co.
Salhia Real Estate Co.
Pearl of Kuwait Real Estate Co.
Tamdeen Real Estate Co.
Ajial Real Estate Entertainment Co.
Al Massaleh Real Estate Co.
Arab Real Estate Co.
Union Real Estate Co.
AL-Enma'a Real Estate Co.*
Mabanee Co.
Injazzat Real Estate Development Co.
Investors Holding Group Co.
International Resorts Co.
The Commercial Real Estate Co.
Sanam Real Estate Co.
A'ayan Real Estate Co.
Aqar Real Estate Investment Co.
Kuwait Real Estate Holding Co.
MAZAYA Holding Co.
Al Dar National Real Estate Co.
AL-Themar International Holding Co.*
Tijara Real Estate & Investment Co.
Al TAMEER Real Estate Investment Co.
Arkan Al-Kuwait Real Estate Co. *
Al-Argan International Real Estate Co.
Abyaar Real Estate Development Co.
Munshaat Real Estate Projects Co.
First Dubai For Real Estate Development
Kuwait Business Town Real Estate Co.
Real Estate Asset Management Co.
MENA Real Estate Co. *
Al Mudon International Real Estate Co.
Real Estate Trade Centers Co.
Kuwait Remal Real Estate Co.
Mashaer Holding Co.
Real Estate
Kuwait Investment Co.
Commercial Facilities Co.
Int'l Financial Advisors Co.
National Investment Co.

Reuters
Ticker

Trailing
P/E (X)

Trailing
P/BV (X)

Dividend
Yield

KINS.KW
GINS.KW
AINS.KW
WINS.KW
KWRE.KW
FTIK.KW
WETH.KW
BKIK.KW

14.2
9.8
10.4
10.8
21.2
NM
11.8
7.4
15.4
6.8
9.2
13.6
7.0
11.5
NM
27.6
NM
NM
NM
5.5
8.7
16.0
NM
NM
NM
14.4
NM
19.7
11.5
NM
9.8
NM
29.1
13.2
NM
6.2
13.4
NM
1.8
9.9
2.7
18.1
NM
9.3
NM
28.5
12.4
15.9
9.7
11.7
NM
21.4

0.94
1.21
1.05
0.43
0.74
10.13
0.52
0.94
0.96
0.46
0.55
0.63
0.64
1.42
0.49
1.45
0.33
0.48
0.35
0.81
0.57
2.98
0.42
1.37
0.52
0.65
0.65
0.48
0.89
0.98
0.91
0.88
0.73
0.65
0.38
0.90
0.69
0.40
0.50
1.17
0.34
0.74
0.52
0.46
0.20
0.38
0.66
0.90
0.59
0.89
0.37
0.73

6.65%
4.91%
6.46%
5.67%
5.00%
0.00%
0.00%
6.70%
5.57%
0.00%
7.03%
8.00%
0.00%
5.15%
0.00%
1.66%
4.11%
0.00%
0.00%
4.37%
0.00%
2.47%
0.00%
0.00%
0.00%
6.24%
0.00%
0.00%
5.14%
0.00%
0.00%
0.00%
5.56%
0.00%
0.00%
4.32%
3.72%
0.00%
4.31%
0.00%
0.00%
6.33%
0.00%
0.00%
0.00%
0.00%
9.14%
3.00%
0.00%
7.18%
0.00%
3.24%

SHCK.KW
KREK.KW
UREK.KW
NREK.KW
SREK.KW
PEAR.KW
TAMK.KW
AREC.KW
MREC.KW
ARAB.KW
UREC.KW
ENMA.KW
MABK.KW
INJA.KW
INVK.KW
IRCK.KW
TIJK.KW
SANK.KW
AYRE.KW
AQAR.KW
ALAQ.KW
MAZA.KW
ADNC.KW
THMR.KW
TIJA.KW
AMAR.KW
ARKK.KW
ARGK.KW
ABYR.KW
MUNS.KW
FIRST.KW
KBTK.KW
REAM.KW
MENK.KW
ALMK.KW
MARA.KW
REMAL.KW
MASK.KW
KINV.KW
FACI.KW
IFIN.KW
NINV.KW

18

19

20

Price (KWD)
Beta

Closing

DTD
Change

0.24
0.24
0.21
0.34
0.02
0.19
0.11
0.01

0.290
0.600
0.495
0.116
0.200
0.093
0.055
0.335

0.000
0.000
0.000
0.004
0.000
0.000
0.000
0.000

1.75
1.38
1.48
1.96
0.43
0.67
0.86
0.47
0.68
1.55
0.34
0.87
1.41
1.25
1.68
1.59
1.29
0.44
1.19
0.50
1.00
1.28
1.14
0.52
0.57
0.42
0.32
0.39
1.57
1.64
1.31
0.92
NA
1.10
0.61
NA
NA
1.02

0.062
0.071
0.100
0.132
0.375
0.014
0.455
0.218
0.070
0.047
0.148
0.077
0.960
0.066
0.037
0.042
0.096
0.061
0.089
0.095
0.040
0.124
0.024
0.090
0.058
0.035
0.114
0.182
0.033
0.116
0.066
0.035
0.110
0.038
0.068
0.036
0.060
0.164

(0.002)
0.001
0.000
0.002
0.005
0.000
(0.005)
0.002
0.001
(0.001)
(0.002)
(0.001)
0.000
0.001
0.001
0.001
0.002
0.000
(0.001)
0.000
0.001
0.000
(0.001)
0.000
(0.001)
0.001
0.002
(0.002)
0.001
0.002
(0.001)
(0.001)
0.000
(0.003)
0.001
0.000
0.000
0.004

1.07
0.88
1.47
1.49

0.142
0.275
0.041
0.152

0.000
0.000
(0.001)
0.000

21

11

13

Daily Trading Data

16

MKT Cap 52 Weeks

52 Weeks
(KWD Mn.) High (KWD) Low (KWD)

56.3
112.2
99.0
20.0
30.0
9.3
6.1
24.0
356.9
35.0
64.4
118.8
118.5
192.3
1.4
178.3
38.5
16.5
23.7
29.8
34.7
709.2
22.8
39.1
6.5
163.4
7.5
35.2
22.3
7.6
85.3
10.1
91.1
22.3
8.3
27.3
48.2
36.0
37.4
66.0
17.8
11.5
7.5
6.8
4.2
18.4
29.4
2,392.8
78.3
147.6
29.5
133.2

27

0.330
0.650
0.510
0.160
0.200
0.146
0.080
0.000

28

0.270
0.520
0.450
0.100
0.140
0.093
0.053
0.000

0.132
0.108
0.126
0.170
0.405
0.034
0.465
0.238
0.096
0.067
0.178
0.097
1.200
0.097
0.041
0.084
0.106
0.078
0.108
0.095
0.071
0.144
0.058
0.110
0.087
0.065
0.138
0.220
0.064
0.190
0.128
0.057
0.128
0.065
0.168
0.065
0.122
0.242

0.050
0.058
0.091
0.122
0.335
0.010
0.198
0.192
0.064
0.034
0.108
0.066
0.840
0.059
0.015
0.031
0.082
0.050
0.079
0.075
0.034
0.096
0.017
0.090
0.055
0.029
0.102
0.140
0.028
0.102
0.050
0.025
0.099
0.034
0.059
0.030
0.047
0.130

0.180
0.300
0.106
0.188

0.130
0.260
0.033
0.138

YTD-14
#
Return
15

6.9%
14.5%
9.8%
7.9%
40.0%
(22.5%)
(11.3%)
0.0%
4.5%
(43.8%)
(21.6%)
(8.5%)
(9.8%)
(1.3%)
(51.7%)
138.2%
8.1%
(23.9%)
(22.5%)
43.5%
(10.5%)
(7.7%)
(29.8%)
46.0%
(45.5%)
10.9%
(11.6%)
(2.2%)
6.4%
(41.2%)
27.2%
(54.7%)
(18.2%)
(18.3%)
(41.5%)
(3.8%)
16.7%
(39.8%)
(22.4%)
(45.9%)
(44.1%)
10.6%
(30.9%)
(56.4%)
(41.0%)
(43.1%)
(21.5%)
(10.0%)
7.6%
7.3%
(58.6%)
(1.9%)

24

Volume
(Shrs.)

350,000
0
0
225
0
0
0
0
350,225
6,796,578
817,321
11,789,446
70,055
185,000
0
15,000
59,500
43,090
6,607,484
23,152
481,204
159,500
21,531
20,094,637
417,472
1,708,085
10,000
133,000
0
53,063
1,101,800
9,594,984
0
462,000
101,000
20,000
8,000
6,239,826
3,197,980
4,602,232
1,181,340
0
146,732
1,494,566
230
1,864,458
250,207
79,750,473
0
0
3,872,391
310,900

YTD-14

Value
(KWD)

Capital
Turnover

101,500
0
0
26
0
0
0
0
101,526
428,667
58,080
1,181,545
9,245
69,270
0
6,825
12,950
3,015
319,510
3,426
36,816
153,130
1,359
734,860
17,058
162,717
610
11,760
0
2,091
137,725
232,746
0
26,377
3,459
2,280
1,449
203,250
369,735
310,192
41,833
0
5,667
100,372
8
110,998
40,821
4,799,848
0
0
158,504
47,137

0.7%
2.3%
0.3%
5.6%
0.3%
0.0%
131.8%
0.0%

25

32

101.8%
111.0%
7.5%
32.5%
1.4%
87.2%
14.8%
5.9%
7.0%
72.1%
0.8%
30.6%
14.9%
45.3%
231.7%
216.9%
24.6%
112.6%
42.9%
1.1%
29.3%
64.3%
334.4%
3.7%
82.0%
139.8%
1.4%
4.5%
141.9%
103.3%
26.1%
201.9%
0.2%
78.7%
680.9%
38.9%
133.2%
7.1%
21.6%
7.8%
197.6%
31.6%

ROE

22

6.6%
12.3%
10.1%
4.0%
3.5%
NM
4.4%
12.6%
6.2%
6.7%
6.0%
4.6%
9.2%
12.4%
NM
5.3%
NM
NM
NM
14.7%
6.6%
18.7%
NM
NM
NM
4.5%
0.5%
2.4%
7.7%
NM
9.3%
NM
2.5%
4.9%
NM
14.5%
5.1%
NM
28.2%
11.8%
12.6%
4.1%
NM
5.0%
NM
1.3%
5.3%
5.7%
6.1%
7.6%
NM
3.4%

KAMCO Research
KSE Daily Bulletin

Kuwait Stock Exchange Daily Bulletin

Wednesday, December 31, 2014

Valuation Multiples

Company

Kuwait Projects Co.(Holding)

Coast Invest. & Development Co.
The Securities House Co.
Securities Group *
Arzan Financial Group For Fin. & Invest.
Kuwait Financial Centre
Kuwait & M.E. Financial Inv. Co.
Al-Aman Investment Co.
First Investment Co.
Al-Mal Investment Co.
Gulf Investment House
A'ayan Leasing & Investment Co.
Bayan Investment Co.
Osoul Investment Co.
Kuwait Finance & Investment Co.
KAMCO Investment Co.
National International Holding Co.
Housing Finance Co.
Al Madar Finance & Investment Co.
Al-Deera Holding
Al Salam Group Holding Co.
Ekttitab Holding Co.
Al Qurain Holding Co.
Al Madina For Finance & Investment Co.
NOOR Financial Investment Co.
Tamdeen Investment Co.
Kuwait Bahrain Int'l Exchange Co.
Taiba Kuwaiti Holding Co.
Kuwait Syrian Holding Co.
Strategia Investment Co.
Kuwait China Investment Co.
Manafae Investment Co.
Gulf North Africa Holding Co.
Amwal International Investment Co.
Alimtiaz Investment Group
Manazel Holding Co.
National Industries Group
Boubyan Int'l Industries Holding Co. *
Arabi Holding Group Co.
Privatization Holding Co.
Credit Rating & Collection Co.
Jeeran Holding Co.*
Egypt Kuwait Holding Co.
Gulf Finance House
Inovest
Financial Services

Reuters
Ticker

Trailing
P/E (X)

Trailing
P/BV (X)

Dividend
Yield

KPRO.KW
COAS.KW
SECH.KW
SGCK.KW
ARZA.KW
MARKZ.KW
KMEF.KW
AMAN.KW
OLAK.KW
MALK.KW
GIHK.KW
AAYA.KW
BAYK.KW
OSUL.KW
KFSK.KW
KAMC.KW
NIHK.KW
ISKN.KW
MADR.KW
DEER.KW
SAGH.KW
EKTT.KW
QURK.KW
MADI.KW
NOOR.KW
TAMI.KW
EXCH.KW
DAMK.KW
KSHC.KW
STRAT.KW
KCIC.KW
MANF.KW
GNAH.KW
AMWA.KW
ALIMk.KW
MANK.KW
NIND.KW
BIIHC.KW
AGHC.KW
KPPC.KW
TAHS.KW
JEER.KW
EKHK.KW
GFHK.KW
INOV.KW

23.6
NM
NM
6.6
10.0
11.2
55.0
17.6
NM
NM
NM
1.9
8.9
46.5
8.7
9.1
8.1
NM
1.6
NM
28.1
NM
3.9
NM
5.5
18.2
9.6
7.1
NM
4.5
48.7
NM
19.1
NM
NM
40.1
33.4
NM
22.0
45.3
NM
6.7
11.0
44.6
NM
48.0

1.99
0.71
0.99
0.52
0.34
0.67
0.53
0.81
0.73
0.78
0.54
0.78
0.61
0.72
0.50
0.68
0.34
0.45
0.39
0.45
0.47
0.50
0.50
0.41
0.77
0.93
1.11
0.69
0.24
0.53
0.47
0.69
0.36
0.37
0.45
1.13
0.60
0.58
1.05
0.34
0.71
0.41
0.80
0.53
0.42
0.82

2.67%
0.00%
0.00%
0.00%
0.00%
7.54%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
4.72%
8.82%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
2.17%
6.25%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
3.01%
0.00%
0.00%
1.94%

18

19

20

Price (KWD)
Beta

Closing

DTD
Change

1.57
1.45
0.79
0.79
0.55
1.63
0.42
0.72
1.15
1.70
1.08
1.37
1.92
1.07
0.44
0.53
0.27
0.40
0.57
0.90
1.02
1.59
1.55
1.41
1.81
0.84
0.37
0.39
1.69
0.92
1.61
0.58
1.73
NA
NA
2.22
2.00
1.73
0.90
1.52
0.18
0.47
0.80
1.59
1.10

0.700
0.058
0.079
0.118
0.048
0.120
0.048
0.077
0.104
0.033
0.054
0.064
0.058
0.075
0.060
0.096
0.055
0.018
0.033
0.013
0.058
0.042
0.016
0.029
0.097
0.395
0.160
0.088
0.015
0.059
0.051
0.058
0.035
0.033
0.068
0.046
0.190
0.069
0.156
0.050
0.054
0.070
0.204
0.025
0.068

0.000
0.002
(0.001)
0.006
(0.001)
0.004
0.000
0.000
0.000
0.001
0.002
0.002
0.000
0.002
0.000
0.000
0.002
0.000
(0.003)
0.000
0.001
(0.001)
0.001
0.002
0.003
0.000
0.000
0.000
0.000
(0.001)
0.000
0.003
(0.003)
0.000
0.005
(0.002)
(0.004)
0.002
0.000
0.000
0.000
0.000
0.000
(0.002)
0.001

21

11

13

Daily Trading Data

16

MKT Cap 52 Weeks

52 Weeks
(KWD Mn.) High (KWD) Low (KWD)

1,031.5
36.3
53.7
30.1
38.5
63.8
12.7
15.1
67.7
17.4
8.9
52.6
22.8
14.2
18.4
25.3
11.7
5.2
7.1
9.7
14.9
13.2
4.6
11.8
40.1
123.2
7.4
15.8
4.4
17.7
40.8
11.7
5.3
6.0
77.1
32.5
258.4
20.7
23.4
36.5
8.9
10.5
199.0
79.0
19.5
3,013.4

27

0.800
0.087
0.108
0.140
0.082
0.164
0.070
0.104
0.124
0.058
0.091
0.090
0.112
0.090
0.099
0.138
0.087
0.070
0.060
0.073
0.146
0.086
0.050
0.058
0.160
0.400
0.200
0.090
0.044
0.090
0.071
0.098
0.064
0.066
0.087
0.072
0.275
0.114
0.204
0.074
0.112
0.077
0.320
0.068
0.084

28

0.620
0.040
0.065
0.100
0.043
0.108
0.042
0.063
0.081
0.025
0.022
0.058
0.048
0.068
0.055
0.094
0.049
0.015
0.031
0.010
0.047
0.040
0.012
0.023
0.088
0.172
0.148
0.065
0.013
0.059
0.046
0.055
0.031
0.028
0.052
0.040
0.164
0.060
0.134
0.041
0.050
0.046
0.180
0.020
0.056

YTD-14
#
Return
15

21.9%
(12.1%)
(18.6%)
10.3%
(40.0%)
(16.7%)
(30.4%)
(2.5%)
2.0%
(41.1%)
(61.7%)
(4.5%)
(40.2%)
(1.3%)
(35.5%)
(19.8%)
(26.7%)
(51.4%)
(38.9%)
(80.0%)
(60.8%)
(43.9%)
(59.7%)
(30.1%)
(6.2%)
129.5%
(5.6%)
33.6%
(65.5%)
(23.4%)
(21.5%)
(13.4%)
(40.7%)
(47.6%)
(6.8%)
(26.6%)
(14.6%)
(29.6%)
(17.2%)
(28.3%)
(44.9%)
(5.4%)
(16.7%)
(49.5%)
(10.5%)
(10.2%)

24

Volume
(Shrs.)

1,770,000
3,332,126
14,500
50,000
587,000
4,582
0
202,599
0
1,520,720
1,107,299
1,482,450
3,277,060
207,020
0
0
469,000
0
100,000
8,456,704
1,796,130
799,900
798,020
1,687,222
36,028
0
0
0
0
1,483
339,188
20,000
8,100,184
239,200
8,437,704
14,563,406
704,950
483,990
0
5,738,982
13,000
900
0
55,228,021
26,000
125,778,659

YTD-14

Value
(KWD)

Capital
Turnover

1,234,500
189,600
1,125
5,900
28,491
550
0
15,168
0
49,131
59,133
94,001
194,027
15,518
0
0
25,695
0
3,300
107,030
104,490
33,196
12,136
48,533
3,313
0
0
0
0
88
16,868
1,160
290,274
7,800
562,399
676,505
134,910
32,398
0
282,618
677
63
0
1,386,697
1,743
5,824,679

15.5%
140.4%
91.3%
2.2%
12.6%
2.4%
8.3%
152.2%
32.0%
150.8%
402.4%
78.7%
204.3%
110.7%
4.7%
2.8%
133.5%
295.7%
26.9%
314.0%
134.8%
159.8%
170.1%
222.1%
55.1%
16.3%
0.3%
1.7%
186.0%
0.1%
12.8%
4.1%
401.4%
70.0%
69.7%
169.2%
26.5%
81.1%
4.5%
73.7%
4.3%
23.5%
1.3%
177.1%
104.9%

25

32

ROE

22

8.4%
0.1%
NM
7.9%
3.3%
5.9%
1.0%
4.6%
0.0%
NM
NM
41.4%
6.9%
1.6%
5.8%
7.5%
4.2%
NM
24.7%
NM
1.7%
NM
12.9%
NM
13.9%
5.1%
11.5%
9.8%
NM
11.8%
1.0%
NM
1.9%
0.2%
NM
2.8%
1.8%
NM
4.8%
0.7%
NM
6.2%
7.3%
1.2%
NM
1.7%

KAMCO Research
KSE Daily Bulletin

Kuwait Stock Exchange Daily Bulletin

Wednesday, December 31, 2014

Valuation Multiples

Company

Automated Systems Co.

Al Safat TEC Holding Co.
Future Communications Global Co.
Hayat Communications Co.
Technology

Kuwait Stock Exchange

Reuters
Ticker

Trailing
P/E (X)

Trailing
P/BV (X)

Dividend
Yield

ASCK.KW
SAFH.KW
FUTK.KW
HAYK.KW

10.5
NM
12.3
NM
NM

1.59
0.84
0.77
0.67
0.92

12.35%
0.00%
11.72%
0.00%
5.72%

1.32

3.26%

18

18.5

19

20

Price (KWD)
Beta

Closing

DTD
Change

0.40
1.30
0.39
0.57

0.405
0.059
0.128
0.066

0.000
0.000
0.006
0.002

21

11

13

Daily Trading Data

16

MKT Cap 52 Weeks

52 Weeks
(KWD Mn.) High (KWD) Low (KWD)

16.2
23.6
10.4
6.1
56.3

27

0.500
0.079
0.180
0.110

28

0.375
0.047
0.116
0.059

29,706.2

YTD-14
#
Return
15

24

Volume
(Shrs.)

13.8%
(25.3%)
(3.4%)
(32.7%)
(18.0%)

0
19,400
1,000
82,267
102,667

(4.5%)

303,132,149

25

YTD-14

Value
(KWD)

Capital
Turnover

0
1,145
128
5,289
6,562

3.0%
46.7%
9.9%
111.7%

27,917,035

32

ROE

22

15.1%
NM
6.3%
NM
NM
7.2%

Year-to-Date 2014 Top Movers & Most Active Stocks

Close
(KWD)

Percent
Change

YTD Top % Losers

Tamdeen Real Estate Co.

0.455

138.2%

Al-Deera Holding Co.

0.013

Tamdeen Investment Co.

0.395

129.5%

Kuwait Syrian Holding Co.

0.015

Human Soft Holding Co.

0.385

94.3%

National Ranges Co.

0.031

EYAS for Higher & Technical Education

Kuwait Building Materials Manufacturing Co.

0.310
0.445

58.0%
56.9%

Gulf Investment House

Al Salam Group Holding Co.

0.054
0.058

Close

Volume

YTD Top % Gainers

YTD Most Active by Volume

YTD Most Active by Value

Close
(KWD)

Close

Percent
Change
(80.0%)
(65.5%)
(65.1%)
(61.7%)
(60.8%)
Value

(KWD)

(Shrs.)

0.025

5,600,381,189

National Bank of Kuwait

National Ranges Co. (MAYADEEN)

0.031

2,508,972,082

Kuwait Finance House

0.720

504,671,617

Investors Holding Group Co.

0.037

2,479,317,741

Agility

0.740

336,747,872

Al-Deera Holding Co.

0.013

2,337,876,566

ZAIN

0.530

292,645,267

Abyaar Real Estate Development Co.

0.033

1,571,304,667

Gulf Finance House

0.025

245,606,701

Gulf Finance House

(KWD)

(KWD)

0.910

537,490,767

Notes: NM:
Not Meaningful.
NA: Not Available. CP: Current Price, Trailing P/E is0.031
calculated based on TTM
1H-2014 net profits and current market cap.United
If calculated
P/E is negative or greater than 80, it is represented by
NM. Trailing P/BV is based on
shareholders
National
Ranges
Co.
142.80%
Gulf Bank
0.000
0.00%
equity
as of 30-June-2014
and P/BV) for companies
that have not yet disclosed their 1H-2014 financials
are based on TTM 1Q-2014 net profits and shareholders
equity as of March-14. Dividend
Gulf
Investment
House and current market cap .Valuation multiples (P/E 0.054
92.87%
KNA
0.000
0.00% Yield for
individual
stocksReal
is based
on Co.
the Full Year 2013 Dividends & current market cap,
and the sectors average
is a weighted average based on the marketVilla
cap.Moda
Beta is calculated on daily share prices returns against KAMCO
TRW Index for the companies
which have a
Al
Dar National
Estate
0.024
65.72%
0.000
0.00%
minimum
of two years. Sectors' Beta is calculated based on five0.014
year daily returns against
KAMCO TRW Index. DTD: daily change. MTD:
Beginning
Current Month to Date YTD: Beginning of Year to 0.000
Date. KWD: Kuwaiti Dinars. * 0.00%
Companies that
Pearl
Realtrading
Estate history
Co.
63.89%
Mena
Holdingof
Co.
vary in their
fiscal years
are treated
Source:
Investment
Research
Dept.separately
- KAMCOto adjust for the recent results announcements. #YTD-14 return for individual stocks and sectors is calculated based on the change in market capitalization.
Disclaimer: This document and material contained herewith have been produced, complied, and issued by KAMCO Investment Company (K.S.C) Public. The Company has obtained the information used in this document from sources it believes to be reliable, but the issuer does
not guarantee, neither its accuracy nor completeness, nor provides an independent verification of the material contained therein. KAMCO may, from time to time to the extent permitted by law, participate or invest in other financing transactions with the issuers of the securities,
perform services for or solicit business from such issuer and/or have a position or effect transactions in the securities or options thereof. KAMCO may, to extent permitted by the applicable Kuwaiti law or other applicable laws and regulations, effect transactions in the securities
before this material is published to recipients. The opinions and estimates expressed herein are those of the issuer and subject to change at any time without any prior notice. Accordingly, no representation or warranty, expressed or implied, is made as to and no reliance should
be placed on the fairness, accuracy, completeness or correctness of the information and opinions contained in this document. KAMCO accepts no liability for any loss arising from the use of this document or its contents or otherwise arising in connection therewith. This document
should not relied upon or used in substitution for the exercise of sound judgment. KAMCO shall have no responsibility or liability whatsoever in respect of any inaccuracy in or omission from this or any other document prepared by KAMCO for, or sent by KAMCO to any entity, and
any such entity shall be responsible for conducting its own scrutiny, investigation, and analysis of the information contained or referred to in this document and of evaluating the merits and risks involved in the securities forming the subject matter of this or other such document.
Opinions and estimates constitute KAMCOs judgment and are subject to change without prior notice. Past performance is not an indicator of future results. This document does not constitute an offer or invitation to subscribe for or purchase any securities, and neither this
document nor anything contained herein shall form the basis of any contract or commitment whatsoever. This document is not an offer to sell or a solicitation to buy any securities. It is being furnished to the reader solely for his/her information and may not to be redistributed
inside Kuwait or by any jurisdiction outside Kuwait where this action is restricted by law. Entities who receive this report should make themselves aware of and adhere to any such restrictions. By accepting receipt of this report, the reader agrees to be bound by the foregoing
limitations.

Investment Research Dept., Email: KAMCO_Research@kamconline.com, P.O.Box 28873,Safat 13149 Kuwait, Tel: (+965) 1852626, Fax: (965) 22492395, http://www.kamconline.com

KAMCO Investment Company 2014