Kuwait Weekly Update Research

Market Performance:

The Kuwaiti market closed on a negative note this week. The Price index was

down -0.34%, closing at 6,..8.1 points. The Weighted index gained 0.65%, closing at 412.43 points. Liquidity levels improved during the week. Value traded

was up 5.1%. The market traded 1.54 Bn shares with a value of KWD 175.2 Mn.

Sector Performance This week‟s traded value was derived from activities on the Services sector

28.6% contribution, followed by Investment and Real Estate with, 22.1% and

.8.7% respectively. HITS Telecom Holding took 7.9% of the total (KD 13.7mn), and closed up 1.9%. Zain Group followed with 6.7% of the total (KD11.7mn) and

closed up 4.3% to 730 fils

Loser, winners

132 companies were traded during the week out of which 45 closed positive, 60 were negative and 27 unchanged. National Ranges Company was the biggest

gainer by booking a return of 33.3% and closing at 20 fils. On the other side of the spectrum, Al Imtiaz Investment Company was the biggest loser; the stock

declined by 12.5% to 112 Fils.

Figure 1- Market performance

.1th of April 2012

Layla Al-Ammar Assistant Manager

+965 2224 8281

LAmmar@markaz.com

Humoud Salah N AL Sabah Assistant Analyst

+965 2224 8530 halsabah@markaz.com

Kuwait Financial Centre S.A.K. (“Markaz”)

P.O. Box, 23444, Safat 13095 Ahmad Al-Jaber Street,

Universal Tower Kuwait Fax: +965 2245 0647 www.markaz.com/research

Kuwait Weekly Update Research

Figure 2- Sector Indicator

Kuwait Weekly Update Research

GAINERS 12-Apr 5-Apr % chg

National Ranges 20.0 15.0 33.3%

Equipment Holding 114.0 100.0 14.0%

Injazzat Real Estate 77.0 68.0 13.2%

First Dubai for RE Development 37.5 33.5 11.9%

KIPCO Asset Mgmt 270.0 242.0 11.6%

LOSERS 12-Apr 5-Apr % chg

Al Imtiaz Investment Company 112.0 128 -12.5%

United Industries 79 89 -11.2%

National Investment 144 160 -10.0%

Kuwait Projects (KIPCO) 310 340 -8.8%

Gulf Finance House 57 62 -8.1%

No. of Companies listed in KSE 205

No. of companies traded 132

Gainers 45

Losers 60

No change 27

Most Active Value KD Price % chg

HITS Telecom Holding 13,770,520 110 1.9%

Mobile Telecommunications 11,782,400 730 4.3%

First Investment (ALOLA) 9,609,400 146 1.4%

Al-Madina For Finance and Investment 8,089,920 78 4.0%

Gulf Finance House 7,931,240 57 -8.1%

Date Price index

Value traded

(KD)

Sun. 08 Apr 6,153.6 38,002,480

Mon. 09 Apr 6,120.0 34,480,800

Tue. 10 Apr 6,148.7 46,469,050

Wed. 11 Apr 6,164.3 22,370,650

Thu. 12 Apr 6,118.9 33,883,220

Current week Last week

KSE cap-wtd 412.43 409.77

in week % 0.65% -2.48%

YTD % 1.68% 1.02%

KSE price-wtd 6,118.90 6,145.50

in week % -0.43% -0.32%

YTD % 5.24% 5.70%

Volume traded 1,543,350,000 1,578,482,500

Value traded 175,206,200 166,691,020

Disclaimer

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