1. Page 1 of 5
QE Intra-Day Movement
Qatar Commentary
The QE index rose 4.9% to close at 9,596.3. Gains were led by the Real Estate
and Banking & Financial Services indices, gaining 5.7% and 4.8% respectively.
Top gainers were United Development Co. and Qatar & Oman Investment
Co., rising 9.3% and 8.9% respectively.
GCC Commentary
Saudi Arabia: The TASI index rose 2.9% to close at 7,864.6. Gains were led
by the Real Estate Dev. and Transportation indices, rising 5.2% and 5.0%
respectively. MEDGULF rose 9.9%, while Tabuk Agriculture was up 9.8%.
Dubai: The DFM index gained 8.5% to close at 2,522.2. The Investment &
Financial Services index rose 13.9%, while the Services index was up 12.9%.
Dubai Financial Market and Dubai Investment Company surged 14.5% each.
Abu Dhabi: The ADX benchmark index rose 5.5% to close at 3,671.6. The
Real Estate index gained 12.1%, while the Banking index was up 5.9%.
Kuwait: The KSE index gained 2.9% to close at 7,445.8. The Real Estate
index rose 4.6%, while the Telecommunication index was up 4.1%. Investors
Holding Group Co. and National Ranges Co. gained 11.6% each.
Oman: The MSM index rose 2.6% to close at 6,543.7. Gains were led by the
Banking & Inv. and Industrial indices, gaining 2.9% and 2.3% respectively. Al
Batinah Dev. Inv. rose 8.9%, while ONIC. Holding was up 8.8%.
Bahrain: The BHB index gained 0.4% to close at 1,184.9. The Investment
index rose 0.8%, while the Commercial Banking index was up 0.5%. Bahrain
Car Park Co. gained 9.3%, while Gulf Finance House was up 8.7%.
Qatar Exchange Top Gainers Close* 1D% Vol. ‘000 YTD%
United Development Co. 21.57 9.3 4,646.1 21.2
Qatar & Oman Investment Co. 13.40 8.9 1,031.1 8.2
Doha Insurance Co. 27.00 7.6 11.5 10.0
Medicare Group 47.45 7.0 622.2 32.9
Al Khaleej Takaful Group 40.60 6.8 14.7 10.7
Qatar Exchange Top Vol. Trades Close* 1D% Vol. ‘000 YTD%
United Development Co. 21.57 9.3 4,646.1 21.2
Qatar Gas Transport Co. 19.35 5.5 2,160.1 26.8
Barwa Real Estate Co. 24.50 3.3 1,540.5 (10.7)
Masraf Al Rayan 29.00 4.7 1,401.8 17.0
Qatar & Oman Investment Co. 13.40 8.9 1,031.1 8.2
Source: Bloomberg (* in QR)
Market Indicators 10 Sep 13 09 Sep 13 %Chg.
Value Traded (QR mn) 690.9 260.2 165.5
Exch. Market Cap. (QR mn) 525,334.1 503,255.2 4.4
Volume (mn) 19.6 6.1 220.5
Number of Transactions 7,549 3,481 116.9
Companies Traded 40 40 0.0
Market Breadth 40:0 10:24 –
Market Indices Close 1D% WTD% YTD% TTM P/E
Total Return 13,710.86 4.9 4.3 21.2 N/A
All Share Index 2,419.51 4.5 4.0 20.1 12.8
Banks 2,355.66 4.8 4.3 20.8 12.5
Industrials 3,057.76 4.7 3.5 16.4 11.3
Transportation 1,771.91 4.5 4.6 32.2 12.1
Real Estate 1,726.39 5.7 4.4 7.1 13.0
Insurance 2,227.45 2.1 1.2 13.4 9.2
Telecoms 1,421.33 4.5 5.3 33.5 15.0
Consumer 5,783.86 3.1 3.4 23.8 24.2
Al Rayan Islamic Index 2,757.08 4.6 4.4 10.8 14.3
GCC Top Gainers##
Exchange Close#
1D% Vol. ‘000 YTD%
Dubai Financial Market Dubai 1.74 14.5 44,169.3 70.6
Dubai Investments Dubai 1.74 14.5 76,323.1 104.2
Sharjah Islamic Bank Abu Dhabi 1.36 13.3 652.8 47.8
Ajman Bank Dubai 2.01 12.9 478.3 41.5
Aldar Properties Abu Dhabi 2.47 12.3 167,224.1 94.5
GCC Top Losers##
Exchange Close#
1D% Vol. ‘000 YTD%
Jazeera Airways Kuwait 0.52 (1.9) 1,017.0 62.5
Combined Group Cont. Kuwait 1.22 (1.6) 1.0 (16.4)
Salhia Real Estate Co. Kuwait 0.35 (1.4) 80.0 (5.4)
Tihama Saudi Arabia 93.25 (0.8) 554.5 10.0
Bank of Sharjah Abu Dhabi 1.60 (0.6) 2.0 25.0
Source: Bloomberg (
#
in Local Currency) (
##
GCC Top gainers/losers derived from the Bloomberg GCC
200 Index comprising of the top 200 regional equities based on market capitalization and liquidity)
Qatar Exchange Top Losers Close* 1D% Vol. ‘000 YTD%
Qatar Exchange Top Val. Trades Close* 1D% Val. ‘000 YTD%
Industries Qatar 153.70 6.0 104,812.1 9.0
United Development Co. 21.57 9.3 98,267.1 21.2
Qatar Gas Transport Co. 19.35 5.5 41,780.7 26.8
Masraf Al Rayan 29.00 4.7 40,470.4 17.0
QNB Group 169.40 6.1 37,869.6 29.4
Source: Bloomberg (* in QR)
Regional Indices Close 1D% WTD% MTD% YTD%
Exch. Val. Traded
($ mn)
Exchange Mkt.
Cap. ($ mn)
P/E** P/B**
Dividend
Yield
Qatar* 9,596.26 4.9 4.3 (0.2) 14.8 189.83 144,361.8 12.1 1.7 4.8
Dubai 2,522.15 8.5 7.9 (0.0) 55.4 368.63 62,606.9 14.7 1.0 3.5
Abu Dhabi 3,671.59 5.5 3.8 (1.7) 39.6 184.57 106,947.3 10.4 1.3 4.9
Saudi Arabia 7,864.56 2.9 3.0 1.3 15.6 2,349.85 416,513.3 16.5 2.1 3.7
Kuwait 7,445.75 2.9 3.2 (2.4) 25.5 194.51 108,792.3 17.2 1.2 3.8
Oman 6,543.68 2.6 2.0 (2.2) 13.6 45.99 22,940.0 10.8 1.6 4.0
Bahrain 1,184.91 0.4 0.4 (0.3) 11.2 0.59 21,719.2 8.3 0.8 4.0
Source: Bloomberg, Qatar Exchange, Tadawul, Muscat Securities Exchange, Dubai Financial Market and Zawya (** TTM; * Value traded ($ mn) do not include special trades, if any)
9,100
9,200
9,300
9,400
9,500
9,600
9,700
9:30 10:00 10:30 11:00 11:30 12:00 12:30 13:00

2. Page 2 of 5
Qatar Market Commentary
 The QE index rose 4.9% to close at 9,596.3. The Real Estate
and Banking & Financial Services indices led the gains. The
index rose on the back of buying support from non-Qatari
shareholders despite selling pressure from Qatari shareholders.
 United Development Co. and Qatar & Oman Investment Co.,
were the top gainers, rising 9.3% and 8.9% respectively.
 Volume of shares traded on Tuesday rose by 220.5% to 19.6mn
from 6.1mn on Monday. Further, as compared to the 30-day
moving average of 8.1mn, volume for the day was 142.1%
higher. United Development Co. and Qatar Gas Transport Co.
were the most active stocks, contributing 23.7% and 11.0% to
the total volume respectively.
Source: Qatar Exchange (* as a % of traded value)
Ratings and Global Economic Data
Ratings Updates
Company Agency Market Type* Old Rating New Rating Rating Change Outlook Outlook Change
Kuwait Finance
House (KFH)
Fitch Kuwait
LT IDR/ ST IDR/ VR/
SR / SR Floor
A+/ F1/bb/1/A+
A+/
F1/bb/1/A+
– Stable –
Source: News reports (* LT – Long Term, ST – Short Term, IDR – Issuer Default Rating, SR – Support Rating, VR- Viability Rating)
Global Economic Data
Date Market Source Indicator Period Actual Consensus Previous
09/10 US Federal Reserve Consumer Credit July $10.437B $12.700B $11.925B
09/10 US NFIB NFIB Small Business Optimism August 94.0 95.0 94.1
09/10 France INSEE Industrial Production MoM July -0.60% 0.50% -1.40%
09/10 France INSEE Industrial Production YoY July -1.80% -0.50% -0.10%
09/10 France INSEE Manufacturing Production MoM July -0.70% 0.70% -0.40%
09/10 France INSEE Manufacturing Production YoY July -2.50% -0.50% -0.40%
09/10 Italy ISTAT GDP WDA QoQ 2Q2013 -0.60% -0.20% -0.20%
09/10 Italy ISTAT GDP WDA YoY 2Q2013 -2.40% -2.00% -2.00%
09/10 China NBS Industrial Production YTD YoY August 9.50% 9.40% 9.40%
09/10 China NBS Industrial Production YoY August 10.40% 9.90% 9.70%
09/10 China NBS Fixed Assets Ex Rural YTD YoY August 20.30% 20.20% 20.10%
09/10 China NBS Retail Sales YTD YoY August 12.80% 12.90% 12.80%
09/10 China NBS Retail Sales YoY August 13.40% 13.30% 13.20%
09/10 China People's Bank of China Money Supply M0 YoY August 9.30% 9.40% 9.50%
09/10 China People's Bank of China Money Supply M1 YoY August 9.90% 9.60% 9.70%
09/10 China People's Bank of China Money Supply M2 YoY August 14.70% 14.60% 14.50%
09/10 Japan Bank of Japan Money Stock M2 YoY August 3.70% 3.80% 3.70%
09/10 Japan Bank of Japan Money Stock M3 YoY August 3.00% 3.00% 3.00%
Source: Bloomberg (s.a. = seasonally adjusted; n.s.a. = non-seasonally adjusted; w.d.a. = working day adjusted)
News
Qatar
 QCB: Qatar money market quite liquid, QR4bn bonds and
sukuk oversubscribed – The Qatar Central Bank’s (QCB)
Governor HE Sheikh Abdullah Saoud Al-Thani said QCB will
continue to drain QR4bn a month from the money market
through its monthly Treasury bill auctions. Sheikh Abdullah also
said that the recent auction of riyal-denominated government
bonds has been oversubscribed, which indicates that liquidity is
still positive. On September 10, the central bank offered a total
of QR4bn in three and five-year local currency government
bonds and sukuk in a quarterly issue, which it allocates directly
to banks. (Gulf-Times.com)
 Total bank assets in Qatar rise to QR875bn – The Qatar
Central Bank’s Governor HE Sheikh Abdullah Saoud Al-Thani
said the total assets of commercial banks operating in Qatar
have increased from QR400bn in 2008 to QR875bn by 1H2013.
The QCB governor said deposits increased by 41% to reach
QR535bn in 1H2013, compared with QR212bn in 2008. He
added that Qatar is gearing up to be the region's leading
financial hub. Qatar's banking sector, like all other areas of its
economy, is preparing for the unprecedented wave of projects
leading to the Qatar National Vision 2030 and the Qatar National
Development Strategy 2011-2016. (Qatar Tribune)
 Asia drives global energy demand – Qatar’s Minister of
Energy & Industry HE Dr. Mohamed bin Saleh Al-Sada said Asia
remains the driver for global energy demand due to its robust
economic growth and increasing population. Al-Sada added that
Asian economies are not just demanding more energy, but also
cleaner and more flexible energy. In 2012, Asia imported an
additional 15.6mn tons of LNG, representing a 10% increase
over the previous year. Japan alone was responsible for more
than 50% of Asian LNG consumption growth, but that is mostly
due to the shutdown of its nuclear reactors. He said gas prices
Overall Activity Buy %* Sell %* Net (QR)
Qatari 63.92% 66.19% (15,608,618.69)
Non-Qatari 36.08% 33.82% 15,608,618.69

3. Page 3 of 5
will remain regionalized for the foreseeable future. The global
gas market will continue to be divided with persisting
discrepancies in pricing, market outlook and structure, despite
Asian consumer efforts to change the pricing structure. (Gulf-
Times.com)
 Barwa to deliver first phase of Al Baraha project soon –
According to sources, the first phase of the Barwa Al Baraha
project of Barwa Group will be delivered soon. The truck parking
facility, which makes up the first phase of the project, will start
operating once the delivery process is completed. (Gulf-
Times.com)
 Real estate transactions worth QR844m last week –
According to a report released by the Real Estate Registration
Department in Qatar’s Ministry of Justice, real estate
transactions registered between September 1 and 5, 2013 were
worth QR844mn. The list of properties that were traded by sale
includes open plots of land, villas, individual houses, residential
buildings, towers and shops that are located in the municipalities
of Umm Salal, Al Khor, Al Shamal, Doha, Al Rayyan, Al Daayen
and Al Wakra. (Peninsula Qatar)
 Qatar to tap solar energy for 20% needs – The organizers of
an upcoming solar power summit in Doha said Qatar is planning
to generate 20% of its power from renewable energy over the
next decade, with the first phase of a 200MW solar project to be
tendered in 1Q2014. Qatar had announced at last years' United
Nations Climate Change Conference COP18 that it would seek
tenders for a 1,800MW solar energy plant in 2014. (Qatar
Tribune)
 KCBK appoints Qatari executives in senior management –
Al Khalij Commercial Bank (KCBK) has appointed many Qataris
in senior management positions. The new officials include Rana
Al Asaad as the Head of Premium Banking & Branches, and
Najla Moosa as the Head of Premium Partnerships &
Mortgages. (Peninsula Qatar)
 IIS urges Qatar to set up $300bn global infrastructure bank
– According to the Institute for Infrastructure Studies (IIS), Qatar
should establish an international infrastructure investment bank
with a balance sheet of $300bn in view of the estimated $50tn
funding required for the sector globally. IIS Director Anthony
Holmes said the idea is to establish a new specialist institution
located in Doha and London by 2015 with initial capital of
around $5bn, which can be increased over five years to $15bn.
(Gulf-Times.com)
International
 IMF Chief: EU bank union needs to be completed fast – IMF
Chief Christine Lagarde urged Eurozone governments to make
quick progress on their proposed banking union, to put the
bloc's crisis definitively behind it. Lagarde said governments
could not count on the easy monetary policy of the European
Central Bank to stabilize the Eurozone's debt crisis, and that the
foundations of better governance, of which banking union is a
part, were vital. (Reuters)
 France to take another year to meet deficit target – The
French Finance Minister Pierre Moscovici said the country will
not bring its public deficit in line with an the European
Commission’s (EC) limit until 2015 instead of next year as
planned so far. Moscovici said the EC had given France two
years to bring its deficit below 3% of its GDP and the country is
going to use those two years. The government had initially
targeted a deficit of 3.7% of GDP this year and 2.9% in 2014.
(Reuters)
 Greece primary budget in surplus; on track to hit EU-IMF
targets – Greece has stated that its budget is in surplus, and it
is on course to reach its fiscal targets and fulfill conditions for
seeking additional debt relief from its international lenders. The
central government had a primary budget surplus of €2.92bn
between January and August (not counting interest payments),
as compared to an interim target of a €2.5bn deficit in the same
period. (Reuters)
 Japan’s PM moves toward tax hike, orders economic
stimulus – Japanese Prime Minister Shinzo Abe ordered his
cabinet ministers to create measures for bolstering the economy
in order to cushion the impact of a national sales tax increase.
He told cabinet ministers to compile a package of strong
measures, including growth strategies, by the end of this month.
Economy Minister Akira Amari stated that the PM did not specify
the size of the stimulus, but said it should be enough to counter
the economic drag of the tax increase. (Reuters)
Regional
 Fitch affirms Kingdom’s foreign and local currency IDR at
AA-; outlook Positive – Fitch Ratings has affirmed Saudi
Arabia’s long-term foreign and local currency issuer default
ratings (IDR) at AA- with a Positive outlook. The rating agency
has also affirmed the country’s ceiling at AA and short-term
foreign currency IDR at F1+. (GulfBase.com)
 Saudi Aramco plans to sell fuel from SATORP refinery –
Saudi Aramco is planning to sell one or two cargoes of fuel oil
from its JV refinery, Saudi Aramco Total Refining &
Petrochemical Company (SATORP) in September. Saudi
Aramco’s division Saudi Aramco Products Trading Company will
sell the fuel cargoes comprising 80,000 metric tons each. The
first cargo could be ready for sale through direct negotiation,
rather than by tender. (Reuters)
 ERI to provide pressure exchanger technology to ACCIONA
for desalination plant – A California-based company Energy
Recovery Inc (ERI) will provide its pressure exchanger
technology to Spanish firm ACCIONA Agua for a seawater
reverse osmosis (SWRO) desalination plant in Al Jubail city in
the Eastern province of Saudi Arabia. Earlier, Saudi Arabia’s
Marafiq Power & Water Utility Company awarded ACCIONA
Agua a contract to design, construct, and bring into service a
desalination plant called SWRO-4 with a capacity of 100,000
cubic meters per day by the end of 2014. (Bloomberg)
 Almarai’s shareholders approve SR6bn capital increase –
Almarai Company’s shareholders have approved to increase the
company’s capital by 50% to SR6bn. Almarai will raise its capital
by issuing 200mn shares worth SR2bn, which will increase the
total number of shares from 400mn shares to 600mn shares
through the distribution of one bonus share for every two
outstanding shares at the end of trading day of the EGM.
Almarai wants to adjust its share capital with its assets and
hence, support its five-year investment plan worth SR15.7bn.
This program will cover the expansion needs in all areas of
farming, manufacturing, distribution and logistics. (Tadawul)
 Al Mal Capital to promote Phoenix Legal Financing Fund I in
UAE – Al Mal Capital has been appointed as a local sponsor
and promoter of the Phoenix Legal Financing Fund I in the UAE
pursuant to an agreement with the fund's investment advisor,
Centaur Asset Management Ltd. Further, Al Mal Capital has
received the approval of the Emirates Securities & Commodities
Authority for the promotion and distribution of the Phoenix Legal
Financing Fund I in the UAE. (GulfBase.com)
 Trade Center Bridge project achieves 90% completion –
Dubai’s Roads & Transport Authority (RTA) announced that over

4. Page 4 of 5
90% work on the Trade Center Bridge project worth
AED719.37mn has been completed, and it will be opened for
traffic by the second half of November 2013. (AME Info)
 Abraaj invests in Morocco-based Steripharma – Abraaj
Group has announced an investment in Steripharma, a
Morocco-based company that manufactures and markets
pharmaceutical products. Abraaj’s new investment will enable
Steripharma’s expansion in the industry as well as help develop
its exports, primarily to the private sector of North and Sub-
Saharan Africa. Abraaj’s investment will also allow Steripharma
to move ahead with the second phase of its growth plan of
developing a new GMP plant, which will increase its production
capacity. (GulfBase.com)
 MAF plans AED1bn expansion of Mall of the Emirates –
Dubai-based developer Majid Al Futtaim (MAF) is planning to
invest around AED1bn to expand the Mall of the Emirates, which
houses an indoor ski slope. This mall will be redeveloped to
include a new fashion district, luxury retail, sports and leisure
precinct. (GulfBase.com)
 DHIG extends repayment of $1.2bn loan until 2020 – Dubai
Holding Investment Group (DHIG) has extended the repayment
of a $1.2bn loan facility at the original rate of interest until 2020.
This loan was used by DHIG to acquire 9.9% stake in a US-
based hedge fund, Och-Ziff Capital in 2007. (Reuters)
 ADIA buys $800mn assets of TAHL in Australia – The Abu
Dhabi Investment Authority (ADIA) has acquired the assets of
Australia-based Tourism Asset Holdings Ltd. (TAHL) for
$800mn. The deal gives ADIA ownership of a portfolio
consisting of 31 properties, which include Novotel & Ibis Darling
Harbour in central Sydney, Novotel & Ibis at Sydney Olympic
Park, and Novotel Canberra. (Bloomberg)
 Mubadala, Trafigura plan to buy 65% stake in Eike Batista’s
Sudeste port – Abu Dhabi’s sovereign wealth fund Mubadala
Development Company (Mubadala) and Netherlands-based
Trafigura are planning to buy 65% controlling stake worth
$400mn in Brazilian businessman Eike Batista’s iron ore export
port Sudeste. Located in Rio de Janeiro’s Sepetiba Bay, this
port can handle 50mn metric tons of iron ore a year and is
scheduled to start operations by mid-2014. (Reuters)
 Cape Reed completes AED6mn installations at Sir Bani Yas
Island – The Cape Reed Group of Companies has completed
installation of thatched roofing, timber support structures and
pergolas worth AED6mn for the new Sir Bani Yas Island project
in Abu Dhabi. (AME Info)
 FGB to cut 10% of workforce – Abu Dhabi-based First Gulf
Bank (FGB) is cutting around 300 jobs, equivalent to nearly 10%
of its workforce, as part of a restructuring. FGB informed its
employees about the reduction plan last week, which will mainly
affect its consumer banking business. (Reuters)
 Oman’s crude production up 0.3% in August – According to
a monthly report released by the Ministry of Oil & Gas, Oman's
crude oil and condensates production in August 2013 has
reached 29,369,124 barrels (equivalent to 947,391 bpd),
reflecting an increase of 0.3% MoM. The total crude oil export
decreased 5.2% MoM in August to 25,410,798 barrels. The
report stated that China continues to be the largest importer of
Omani crude oil. (GulfBase.com)
 PAIPED signs deal with ABC to explore non-oil export in
Ethiopia – Oman’s Public Authority for Investment Promotion &
Export Development (PAIPED) has entered into an agreement
with the Advanced Business Consultant (ABC) to explore non-oil
export opportunities to Ethiopia. The market study will provide a
comprehensive insight into the economy of Ethiopia and identify
new avenues for Omani non-oil products as part of PAIPED's
strategy to increase the Sultanate's trade portfolio. (AME Info)
 Oman plans 1,300 kilometers of major road projects – The
Oman's Ministry of Transport & Communications is conducting
feasibility studies to build major roads as well as dualization
work of existing roads with a total length of around 1,300
kilometers across the country. These works include:
construction of a 200-kilometer road between Al Mazyunah and
Sheit; 150-kilometer Metan Al Hashman Al Shasr road; 715-
kilometers dualisation for Nizwa Thumrait road; upgradation of
40 kilometers long Sohar Wadi Hibi road; 76-kilometer Al
Buraimy-Safwan-Al Rawdah road; 39-kilometer dualisation of
Nizwa–Bahla road; and 33-kilometer Ibri-Yankul road. The
tenders to undertake these works will be floated over the coming
months. (GulfBase.com)
 CBB’s 7.5-year bonds oversubscribed by 125% – The
Central Bank of Bahrain’s (CBB) government development
bonds have been oversubscribed by 125%. Subscriptions worth
BHD438mn were received for the BHD350mn issue, which
carries a maturity of 7.5 years. The expected interest of rate on
this issue is 5.5%, which will begin from September 12, 2013.
(GulfBase.com)

5. Contacts
Saugata Sarkar Ahmed M. Shehada Keith Whitney Sahbi Kasraoui
Head of Research Head of Trading Head of Sales Manager - HNWI
Tel: (+974) 4476 6534 Tel: (+974) 4476 6535 Tel: (+974) 4476 6533 Tel: (+974) 4476 6544
saugata.sarkar@qnbfs.com.qa ahmed.shehada@qnbfs.com.qa keith.whitney@qnbfs.com.qa sahbi.alkasraoui@qnbfs.com.qa
QNB Financial Services SPC
Contact Center: (+974) 4476 6666
PO Box 24025
Doha, Qatar
DISCLAIMER: This publication has been prepared by QNB Financial Services SPC (“QNBFS”) a wholly-owned subsidiary of Qatar National Bank (“QNB”). QNBFS is regulated by the Qatar
Financial Markets Authority and the Qatar Exchange; QNB is regulated by the Qatar Central Bank. This publication expresses the views and opinions of QNBFS at a given time only. It is not an
offer, promotion or recommendation to buy or sell securities or other investments, nor is it intended to constitute legal, tax, accounting, or financial advice. We therefore strongly advise potential
investors to seek independent professional advice before making any investment decision. Although the information in this report has been obtained from sources that QNBFS believes to be
reliable, we have not independently verified such information and it may not be accurate or complete. While this publication has been prepared with the utmost degree of care by our analysts,
QNBFS does not make any representations or warranties as to the accuracy and completeness of the information it may contain, and declines any liability in that respect. QNBFS reserves the
right to amend the views and opinions expressed in this publication at any time. It may also express viewpoints or make investment decisions that differ significantly from, or even contradict, the
views and opinions included in this report.
COPYRIGHT: No part of this document may be reproduced without the explicit written permission of QNBFS.
Page 5 of 5
Rebased Performance Daily Index Performance
Source: Bloomberg Source: Bloomberg
Source: Bloomberg Source: Bloomberg
80.0
90.0
100.0
110.0
120.0
130.0
140.0
150.0
Jan-10 Aug-10 Mar-11 Oct-11 May-12 Dec-12 Jul-13
QE Index S&PPan Arab S&P GCC
2.9%
4.9%
2.9%
0.4%
2.6%
5.5%
8.5%
0.0%
2.0%
4.0%
6.0%
8.0%
10.0%
SaudiArabia
Qatar
Kuwait
Bahrain
Oman
AbuDhabi
Dubai
Asset/Currency Performance Close ($) 1D% WTD% YTD% Global Indices Performance Close 1D% WTD% YTD%
Gold/Ounce 1,363.85 (1.7) (2.0) (18.6) DJ Industrial 15,191.06 0.8 1.8 15.9
Silver/Ounce 22.98 (3.1) (3.7) (24.3) S&P 500 1,683.99 0.7 1.7 18.1
Crude Oil (Brent)/Barrel (FM
Future)
111.25 (2.2) (4.2) 0.1 NASDAQ 100 3,729.02 0.6 1.9 23.5
Natural Gas (Henry
Hub)/MMBtu
3.62 0.9 2.2 5.7 STOXX 600 309.80 1.3 1.2 10.8
North American Spot LPG
Propane Price
107.13 (4.4) (5.8) 19.7 DAX 8,446.54 2.1 2.1 11.0
North American Spot LPG
Normal Butane Price
127.13 (4.0) (5.7) (26.5) FTSE 100 6,583.99 0.8 0.6 11.6
Euro 1.33 0.1 0.7 0.6 CAC 40 4,116.64 1.9 1.7 13.1
Yen 100.39 0.8 1.3 15.7 Nikkei 14,423.36 1.5 4.1 38.8
GBP 1.57 0.2 0.6 (3.2) MSCI EM 991.36 1.8 3.7 (6.1)
CHF 1.07 (0.3) 0.3 (2.1) SHANGHAI SE Composite 2,237.98 1.2 4.6 (1.4)
AUD 0.93 0.9 1.4 (10.4) HANG SENG 22,976.65 1.0 1.6 1.4
USD Index 81.82 0.0 (0.4) 2.6 BSE SENSEX 19,997.10 3.8 3.8 2.9
RUB 32.98 (0.5) (1.0) 8.0 Bovespa 53,979.03 (0.5) 0.4 (11.4)
BRL 0.44 (0.4) 0.9 (10.3) RTS 1,390.55 0.7 3.3 (8.9)
137.9
123.7
111.8