TASI Change No. of Volume Turnover A:D Open High Low Close Advance Decline Unchanged Points Percent Trades (mln) SAR (mln) Ratio 6,086 6,086 6,038 6,058-29 -0.47% 121,170 217.5 4,684.4 44 87 16 0.5:1 Commentary TASI closed yesterday at 6,058 down 29 points or 0.47% below the previous close of 6,086. The index traded in the range of 6,038 to 6,058. The best performing sector was Multi-Investment up 2.2%, while the worst performing was Hotel & Tourism down 1.4%. Top gainer was Saudi Arabia Refineries Company (SARCO) with a 10.0% increase, and the top loser was Al Ahli Takaful down 9.9%. The advance-decline ratio was 0.5:1. This was the forth consecutive down day for TASI. 7,000 6,500 6,000 1 Year Performance and Volume (mln) Top Gainers Top Losers Company Close % Chg Company Close % Chg 5,500 SARCO 60.50 10.0% Al Ahli Takaful 70.75-9.9% Almutakamela 17.85 9.9% Gulf General 43.50-5.8% 5,000 Halwani Borthers 44.40 8.8% SABB Takaful 28.40-5.0% N D J F M A M J J A S O Arriyadh Development 18.95 6.8% AICC 22.65-3.2% 400 U C A 27.90 6.5% Al Rajhi Takaful 50.75-2.9% 350 300 Most Active Distribution by Mkt Cap 250 Company Turnover (SAR mln) SAR (mln) SABIC 466.6 < 500 21 200 150 Buruj 348.6 500-999 38 Gulf General 279.0 1,000-1,999 30 100 Knowledge City 248.8 2,000-10,000 38 50 SARCO 238.3 > 10,000 22 Regional and Global Markets TASI Banking & Financial Services Petrochemical Industries Cement Retail Energy & Utilities Agriculture & Food Industries Telecoms & Info Tech Insurance Multi-investment Industrial Investment Building & Construction Real Estate Development Transport Media & Publishing Hotel & Tourism % Change Sectoral Performance Market Index Level 6-mth YTD 1-yr Mkt Cap Weight % Change Bahrain BASI 1,161 0.0-14.9-18.9-19.3 Sector (SAR bln) (%) WTD 3-mth YTD 1-yr Kuwait KSI 5,782-0.3-9.2-16.9-16.5 1,198,200 100.0-2.3 1.3-8.5-4.0 Qatar DSI 8,565-0.1 2.7-1.3 4.7 300,087 25.0-1.5-1.3-15.2-11.8 Oman MSM30 5,429 0.2-10.0-19.6-17.1 442,958 37.0-4.9 0.6-8.7-2.3 Dubai DFM 1,349 0.1-11.6-17.3-19.8 52,631 4.4-1.0 0.4 19.3 24.6 Abu Dhabi ADXI 2,418-0.5-7.0-11.1-12.3 19,347 1.6-1.8 11.8 21.7 25.5 USA DJI 11,232-0.2-9.7-3.0 1.3 56,345 4.7-0.8 1.8-5.9-2.1 USA NASDAQ 2,442-0.8-12.7-8.0-3.7 47,931 4.0 0.1 9.6-7.6-4.2 USA S&P 500 1,159-0.3-13.0-7.9-2.6 111,846 9.3-0.7-3.7-15.4-13.8 Japan NIKKEI 225 8,160-0.1-14.3-20.2-18.7 24,129 2.0-6.7 19.11 4.9 6.1 UK FTSE 5,165 31,890 2.7 0.1 15.8 1.8 6.8 39,920 3.3-2.2 0.3 3.7 7.5 Economic Calendar 20,359 1.7-1.9 0.7-14.0-2.3 Date Event 07 0.7-13.0-12.5-8.9 89 Key Rates 3M SAIBOR 0.72% 39,164 3.3 2.4 5.6-11.0-7.0 28-Nov US New Home Sales USD 3M LIBOR 0.52% 5,689 0.5-0.9 5.9-23.6-19.5 29-Nov US Consumer Confidence US T-bill 1-yr 0.11% 3,487 0.3 7.6 35.0 37.8 52.7 2-Dec US Total Vehicle Sales US T-bill 10-yr 1.96% 2,416 0.2-3.1 20.6 16.0 19.3 2-Dec US Unemplyment Rate US T-bill 30-yr 2.92% Saudi Economic Indicators Commodities (USD) FOREX (USD) KSA Oil Production (000s) Money Supply (SAR bln) Price YTD Currency Rate YTD Month bbl / day Month M1 M2 M3 WTI Oil (bbl / day) 96.77 2.5% GBP-USD 1.5439-1.1% Jul-11 9,606 Jul-11 728 1,014 1,170 Brent Crude 106.40 11.8% EUR-USD 1.3239-1.1% Aug-11 9,756 Aug-11 736 1,018 1,175 Natural Gas (mbtu) 3.54-30.4% USD-JPY 77.7300-4.2% Sep-11 9,436 Sep-11 726 1,015 1,176 Gold (oz) 1,684 18.5% USD-CHF 0.9300-0.6% Silver (oz) 31.26 1.1% USD-CAD 1.0468 4.9% Saudi Annual Inflation SAMA's Foreign Assets (SAR bln) Copper (lb) 328.40-24.3% USD-AUD 1.0298 5.4% Month Rate Month Value Aug-11 4.8% Jul-11 1,897 Sep-11 5.3% Aug-11 1,899 Oct-11 5.2% Sep-11 1,963 Riyad Capital is licensed by the Saudi Arabia Capital Markets Authority (No. 07070-37) Notes: 1. Trading days for the Saudi market are Saturday to Wednesday. Closing prices are as of November 26-2011. 2. SAIBOR rate is as of November 27-2011. 3. Trading days for the GCC markets are Sunday to Thursday. Closing prices are as of November 24-2011. 4. Global markets, commodities prices, forex rates (except SAIBOR) and key rates are as of November 25-2011. 5. Sources: Reuters, Bloomberg, Tadawul, SAMA, JODI, CDSI, Zawya, Mubasher, Argaam.
Major Changes in Ownership Company Name Mouwasat Medical Services Company Saudi Pharmaceutical Indust.& Med. Appliances Corp. Zamil Industrial Investment Company Shareholder Name % Ownership Comments Credit Suisse/ Swap Agreements 7.2% Up from 7.1% Khalid Saleh Abdulrahman Al-Shathri 5.6% Up from 5.5% Khalid Hamzah Ahmed Nahhas 5.8% Up from 5.6% Saudi Corporate and Economic News Abdullah A. M. Al-Khodari Sons Company announced that it has received an award letter from the Ministry of Water and Electricity (General Directorate for Water in Riyadh) for the construction of sewage networks in Afif City (Phase 2) to be completed within 36 Hijri Months valued at SAR 34.9 million. A further announcement will be made upon contract signing including the expected start of the financial impact. The company also announced that it has received an award letter from the Ministry of Water and Electricity for the construction of sewage network in Gulwa City Al Baha Province (Phase 1) to be completed within 36 Months valued at SAR 67 million. A further announcement will be made upon contract signing including the expected start of the financial impact. Al-Hassan Ghazi Ibrahim Shaker Company announced a contract signing by Ibrahim Shaker Company, one of its wholly owned companies, which becomes effective on 23-11-2011 whereby the company will be deliver air conditioning chillers for 3 Najran University colleges for an aggregate contracted value of SAR 26 Million with delivery period of maximum five months. Financial impact of this contract will be realized beginning 1Q2012. Banque Saudi Fransi, announced that the BOD took an unanimous decision to sell its 27% share capital in Bemo Saudi Fransi Syria and its 10% share capital in Bemo Lebanon. BSF Chairman said that the Bank informed the major partner, Bemo Lebanon, of its decision. BSF will assume the statutory and contractual formalities to complete the sale of its share capital in Bemo Saudi Fransi Syria and Bemo Lebanon. Effective immediately, BSF is no longer represented in the BOD of Bemo Saudi Fransi Syria and Bemo Lebanon. The directors representing BSF in the two banks submitted their immediate resignations from the BOD of Bemo Saudi Fransi Syria and Bemo Lebanon. BSF Chairman justified the decision i saying that the financiali risks ik in the Arab Republic of Syria do notpermit BSF to continue as a partner. Regional & International Corporate and Economic News The euro hit a seven-week low against the dollar as Italy s borrowing costs increased and Belgium s credit rating was downgraded. Dubai International Capital (DIC) has agreed the terms for a $2.4 billion debt restructuring with its creditors. Sources: Reuters, Bloomberg, Tadawul, Zawya, Argaam.
Close Price Issued Market Market Sector EPS Trailing Company (SAR) Shares (mln) Cap (mln) Weight Weight (SAR) BVPS P / E P / B Riyad Bank 23.35 1,500 35,025 2.9% 11.7% 2.09 19.67 1 Bank Al-Jazira 16.25 300 4,875 0.4% 1.6% 0.55 15.34 29.5x 1.1x Saudi Investment Bank 15.90 550 8,745 0.7% 2.9% 1.45 15.41 1 Saudi Hollandi Bank 26.80 331 8,864 0.7% 3.0% 3.10 21.69 8.6x Banque Saudi Fransi 40.60 723 29,362 2.5% 9.8% 4.09 26.68 9.9x SABB 38.60 750 28,950 2.4% 9.6% 3.51 21.94 1 1.8x Arab National Bank 27.50 850 23,375 2.0% 7.8% 2.48 19.49 11.1x 1.4x SAMBA 45.20 900 40,680 3.4% 13.6% 4.74 30.22 9.5x Al-Rajhi Bank 67.25 1,500 100,875 8.4% 33.6% 4.77 20.61 14.1x 3.3x Bank Al-Bilad 18.70 300 5,610 0.5% 1.9% 0.76 11.01 24.7x Alinma Bank 9.15 1,500 13,725 1.2% 4.6% 0.24 10.60 37.9x 0.9x Banks & Financial Services 300,087 25.1% 100.0% 12.1x CHEMANOL 11.40 121 1,375 0.1% 0.3% 0.42 12.11 27.0x 0.9x Petrochem 20.55 480 9,864 0.8% 2.2% 0.01 9.74 1517.5x 2.1x SABIC 90.25 3,000 270,750 22.6% 61.1% 9.93 44.25 9.1x SAFCO 178.00 250 44,500 3.7% 10.0% 15.43 27.77 1 6.4x Industrialization 36.50 557 20,346 1.7% 4.6% 4.08 18.66 9.0x Alujain 16.6565 69 1,152152 0.1% 0.3% 0.77 8.26 2 Nama Chemicals 9.05 129 1,163 0.1% 0.3% -0.06 12.40 M 0.7x SIIG 18.55 450 8,348 0.7% 1.9% 1.59 13.28 1 1.4x Sahara Petrochemical 20.95 293 6,129 0.5% 1.4% 1.54 12.57 13.6x YANSAB 41.90 563 23,569 2.0% 5.3% 5.45 17.51 7.7x 2.4x Sipchem 18.80 367 6,893 0.6% 1.6% 1.69 14.74 11.1x Advanced 26.20 141 3,704 0.3% 0.8% 3.62 13.72 7.2x 1.9x Saudi Kayan 17.35 1,500 26,025 2.2% 5.9% -0.04 10.26 M Petro Rabigh 21.85 876 19,141 1.6% 4.3% 0.08 9.14 280.9x 2.4x Petrochemical Industries 442,958 37.0% 100.0% 0% 10.0x0x 21x 2.1x Hail Cement 14.00 98 1,371 0.1% 2.6% Arab Cement 41.00 80 3,280 0.3% 6.2% Yamamah Cement Saudi Cement 61.00 63.00 135 153 8,235 9,639 0.7% 0.8% 15.6% 18.3% 5.25 5.05 23.37 20.07 1 12.5x 2.6x 3.1x Qassim Cement 67.25 90 6,053 0.5% 11.5% 5.77 20.12 1 3.3x Southern Cement 72.50 140 10,150 0.9% 19.3% 5.78 17.12 12.5x 4.2x Yanbu Cement 59.00 105 6,195 0.5% 11.8% 4.53 25.64 13.0x 2.3x Eastern Cement 46.70 86 4,016 0.3% 7.6% 3.97 23.90 11.8x Tabuk Cement 20.95 90 1,886 0.2% 3.6% 1.47 11.97 14.2x Jouf Cement 13.90 130 1,807 0.2% 3.4% 0.66 10.26 2 1.4x Cement 52,631 4.4% 100.0% 12.2x 2.5x Abdullah Al-Othaim Market 92.25 23 2,076 0.2% 10.7% 7.40 21.98 12.5x 4.2x Mouwasat 81.00 25 2,025 0.2% 10.5% 5.67 25.40 14.3x 3.2x SASCO 14.00 45 630 0.1% 3.3% 0.65 11.76 2 Thim'ar 21.35 10 214 0.0% 1.1% -1.81 2.61 M 8.2x Fitaihi Group 12.60 50 630 0.1% 3.3% 0.66 13.02 19.0x Jarir 199.25 40 7,970 0.7% 41.2% 12.30 22.94 16.2x 8.7x Al-Drees 40.90 25 1,023 0.1% 5.3% 3.48 16.41 1 2.5x Al-Hokair Al-Khaleej Training Retail Gas & Industrialization Saudi Electric Energy & Utilities -0.11 4.89 M 2.9x 4.28 33.02 9.6x 56.75 70 3,973 0.3% 20.5% 5.33 19.69 10.7x 2.9x 40.40 20 808 0.1% 4.2% 2.79 14.57 14.5x 2.8x 19,347 1.6% 100.0% 13.9x 3.6x 17.95 75 1,346 0.1% 2.4% 1.49 13.91 12.1x 13.20 4,167 54,999 4.6% 97.6% 0.59 12.55 22.5x 1.1x 56,345 4.7% 100.0% 22.1x 1.1x
Close Price Issued Market Market Sector EPS Trailing Company (SAR) Shares (mln) Cap (mln) Weight Weight (SAR) BVPS P / E P / B SAVOLA Group 25.60 500 12,800 1.1% 26.7% 1.41 14.55 18.1x 1.8x Food Products 23.95 20 479 0.0% 1.0% 0.45 10.16 53.8x 2.4x SADAFCO 42.10 33 1,368 0.1% 2.9% 4.36 21.56 9.7x Al-Marai 93.00 230 21,390 1.8% 44.6% 5.64 28.07 16.5x 3.3x Anaam Holding 65.00 11 709 0.1% 1.5% 1.09 11.99 59.5x 5.4x Halwani Bros 44.40 29 1,269 0.1% 2.6% 2.87 18.32 15.5x 2.4x Herfy Foods 74.50 30 2,235 0.2% 4.7% 4.65 13.31 16.0x 5.6x NADEC 26.60 60 1,596 0.1% 3.3% 0.94 17.36 28.4x Qassim Agriculture 11.55 50 578 0.1% 1.2% -0.31 7.42 M Tabuk Agriculture 29.20 20 584 0.1% 1.2% 2.19 19.44 13.4x Saudi Fisheries 34.30 54 1,836 0.2% 3.8% -0.54 1.62 M 21.1x Sharqiya Dev Co 77.25 8 579 0.1% 1.2% -0.56 10.17 M 7.6x Jouff Agriculture 30.40 25 760 0.1% 1.6% 2.97 22.61 10.2x Bishah Agriculture 0.00 0 0 0.0% 0.0% 0.00 0.00 0.0x 0.0x Jazan Development 28.00 50 1,400 0.1% 2.9% -0.91 11.25 M 2.5x Agriculture & Food Industries 47,931 4.0% 100.0% 16.9x 2.6x STC 33.10 2,000 66,200 5.5% 59.2% 3.84 22.86 8.6x 1.4x Etihad Etisalat 50.75 700 35,525 3.0% 31.8% 6.92 23.84 7.3x 2.1x ZAIN KSA 5.40 1,400 7,560 0.6% 6.8% -1.42 3.39 M Atheeb Telecom 0.00 0 0 0.0% 0.0% 0.00 0.00 0.0x 0.0x Saudi Integrated Telecom Co. 17.85 100 1,785 0.2% 1.6% - 10.00-1.8x Telecoms & Info Tech 111,846 9.3% 100.0% 8.1x Tawuniya 48.90 75 3,668 0.3% 15.2% 4.49 24.66 10.9x Malath Insurance 16.95 30 509 0.0% 2.1% 0.40 9.06 42.3x 1.9x MEDGULF 25.10 80 2,008 0.2% 8.3% 2.62 13.30 9.6x 1.9x ALLIANZ Saudi Fransi 25.30 20 506 0.0% 2.1% -0.17 7.86 M 3.2x SALAMA 33.80 10 338 0.0% 1.4% 0.84 8.45 40.4x 4.0x Walaa Insurance 17.95 20 359 0.0% 1.5% -0.43 6.98 M 2.6x Arabian Shield 20.25 20 405 0.0% 1.7% 0.68 11.27 29.6x 1.8x SABB Takaful 28.40 34 966 0.1% 4.0% 0.27 9.49 106.7x 3.0x SANAD 20.90 20 418 0.0% 1.7% -2.05 5.06 M 4.1x SAICO 40.50 10 405 0.0% 1.7% -3.27 5.82 M 7.0x Saudi Indian 32.90 10 329 0.0% 0% 1.4% -0.78 4.95 M 66 6.6x Gulf Union 17.00 22 374 0.0% 1.6% -1.52 8.13 M 2.1x Al-Ahli Takaful 70.75 17 1,179 0.1% 4.9% -0.26 7.72 M 9.2x Al-Ahlia Insurance 31.60 10 316 0.0% 1.3% -0.56 3.18 M 9.9x ACIG 33.00 10 330 0.0% 1.4% -0.29 3.05 M 10.8x AICC 22.65 20 453 0.0% 1.9% 0.50 8.51 45.3x 2.7x Trade Union 21.05 25 526 0.0% 2.2% 0.71 11.36 29.5x 1.9x Sagr Insurance 24.05 20 481 0.0% 2.0% 1.66 12.23 14.5x U C A 27.90 20 558 0.1% 2.3% 3.43 15.01 8.1x 1.9x Saudi Re 9.90 100 990 0.1% 4.1% -0.16 9.47 M Bupa Arabia 20.10 40 804 0.1% 3.3% 1.01 12.45 20.0x Weqaya Takaful 33.30 20 666 0.1% 2.8% -2.59 6.60 M 5.0x Al Rajhi Takaful 50.75 20 1,015 0.1% 4.2% -2.69 5.21 M 9.7x ACE 47.90 10 479 0.0% 2.0% -0.27 8.44 M 5.7x AXA-Cooperative 35.70 20 714 0.1% 3.0% 0.22 9.21 159.4x 3.9x Gulf General 43.50 20 870 0.1% 3.6% -1.00 6.92 M 6.3x Buruj 54.25 13 705 0.1% 2.9% -1.16 6.84 M 7.9x Al Alamiya 38.00 20 760 0.1% 3.1% -0.06 8.42 M 4.5x Solidarity 22.05 56 1,224 0.1% 5.1% -0.40 8.59 M 2.6x Wataniya 63.25 10 633 0.1% 2.6% 1.24 8.28 50.9x 7.6x AMANA Insurance 35.70 32 1,142 0.1% 4.7% -0.42 8.00 M 4.5x Insurance 24,129 2.0% 100.0% 15.5x 2.7x
Close Price Issued Market Market Sector EPS Trailing Company (SAR) Shares (mln) Cap (mln) Weight Weight (SAR) BVPS P / E P / B SARCO 60.50 15 908 0.1% 2.8% 0.71 23.79 85.7x 2.5x Saudi Advanced 13.95 43 603 0.1% 1.9% 0.06 19.17 219.1x 0.7x Al-Ahsa for Dev. 10.15 49 497 0.0% 1.6% 1.02 9.78 10.0x SISCO 12.55 68 853 0.1% 2.7% 0.11 10.83 109.7x Assir 13.75 126 1,738 0.2% 5.4% 0.79 17.54 17.5x 0.8x Al-Baha 15.90 15 239 0.0% 0.7% -0.48 5.78 M 2.7x Kingdom 7.30 3,706 27,053 2.3% 84.8% 0.19 6.61 39.4x 1.1x Multi-Investment 31,890 2.7% 100.0% 36.9x 1.1x BCI 23.70 28 652 0.1% 1.6% 2.25 15.01 10.5x MA ADEN 24.75 925 22,894 1.9% 57.3% 0.08 18.06 331.9x 1.4x Astra Indust 31.80 74 2,357 0.2% 5.9% 3.33 23.62 9.6x AlSorayai Group 22.25 30 668 0.1% 1.7% 2.06 14.90 10.8x SHAKER 64.00 35 2,240 0.2% 5.6% 5.24 19.26 12.2x 3.3x Pharmaceutical 37.10 78 2,910 0.2% 7.3% 2.63 39.66 14.1x 0.9x Glass 31.10 30 933 0.1% 2.3% 3.01 18.59 10.3x FIPCO 36.30 12 417 0.0% 1.0% 1.50 12.62 24.2x 2.9x Maadaniyah 40.40 26 1,032 0.1% 2.6% 0.07 13.82 586.6x 2.9x Saudi Chemical 38.90 63 2,460 02% 0.2% 62% 6.2% 469 4.69 22.69 83 8.3x 17 Saudi Paper Manufacturing 35.00 30 1,050 0.1% 2.6% 3.60 21.06 9.7x Al-Abdullatif 24.45 81 1,987 0.2% 5.0% 1.85 14.35 13.2x Saudi Export 29.70 11 321 0.0% 0.8% 1.19 10.76 25.0x 2.8x Industrial Investment 39,920 3.4% 100.0% 26.5x United Wire Factories Company 36.50 33 1,186 0.1% 5.8% 2.82 11.99 12.9x 3.0x Mohammad Al-Mojil Group 19.55 125 2,444 0.2% 12.0% -1.12 12.38 M Saudi Steel Pipe 23.30 51 1,188 0.1% 5.8% 1.43 15.42 16.3x Abdullah Al-Khodari Sons Co 48.50 43 2,061 0.2% 10.1% 4.48 14.27 10.8x 3.4x Ceramic 139.00 25 3,475 0.3% 17.1% 1% 9.45 43.77 14.7x 32x 3.2x Gypsum 26.50 32 839 0.1% 4.1% 1.05 15.42 25.1x Cables 12.25 76 931 0.1% 4.6% 0.51 12.62 24.0x Saudi Industrial 14.90 40 596 0.1% 2.9% 0.35 8.68 43.2x Amiantit 14.25 116 1,646 0.1% 8.1% 1.25 13.99 11.4x Pipes 24.95 32 786 0.1% 3.9% -0.23 23.31 M 1.1x Zamil Industrial 25.70 60 1,542 0.1% 7.6% 2.99 21.72 8.6x AL-Babtain 21.50 43 917 0.1% 4.5% 1.54 13.87 14.0x Saudi Vitrified Clay Pipes 59.75 15 896 0.1% 4.4% 5.27 16.06 1 3.7x MESC 16.15 40 646 0.1% 3.2% -3.13 8.06 M Red Sea 40.20 30 1,206 0.1% 5.9% 2.96 24.51 13.6x Building & Construction 20,359 1.7% 100.0% 13.4x Real Estate 22.75 120 2,730 0.2% 7.0% 1.69 26.16 13.4x 0.9x Taiba 18.00 150 2,700 0.2% 6.9% 1.36 19.54 13.3x 0.9x Makkah 32.60 165 5,373 0.5% 13.7% 1.81 20.65 18.0x Arriyadh Development 18.95 100 1,895 0.2% 4.8% 1.20 14.60 15.9x Emaar E.C 6.50 850 5,525 0.5% 14.1% -0.15 8.51 M 0.8x Jabal Omar 11.60 929 10,781 0.9% 27.5% -0.04 9.76 M Dar Al Arkan 6.25 1,080 6,750 0.6% 17.2% 1.05 13.91 6.0x 0.4x Knowledge Economic City 10.05 339 3,410 0.3% 8.7% -0.04 9.48 M 1.1x Real Estate Development 39,164 3.3% 100.0% 10.0x 0.9x Shipping 10.95 315 3,449 0.3% 60.6% 0.72 15.71 15.3x 0.7x SAPTCO 7.85 125 981 0.1% 17.2% 0.48 11.15 16.4x 0.7x Mubarrad 25.00 18 450 0.0% 7.9% -6.48 8.07 M 3.1x Budget Saudi 44.20 18 809 0.1% 14.2% 5.15 26.84 8.6x Transport 5,689 0.5% 100.0% 13.8x 0.8x Tihama 81.25 15 1,219 0.1% 35.0% 1.20 15.20 67.5x 5.3x SRMG 17.10 80 1,368 0.1% 39.2% 1.05 15.99 16.3x 1.1x Saudi Printing & Packaging 15.00 60 900 0.1% 25.8% 0.58 13.32 26.0x 1.1x Media and Publishing 3,487 0.3% 100.0% 25.6x Hotels 31.00 69 2,139 0.2% 88.5% 2.12 24.11 14.6x Shams 27.30 10 277 0.0% 11.5% 0.31 7.27 87.7x 3.8x Hotel & Tourism 2,416 0.2% 100.0% 16.1x 1.4x Market 1,198,200 1 M= Minus
Riyad Capital Coverage Universe TASI Current RC Target RC Upside to Company Symbol Price Price Recommendation Target Price Bank Al-Jazira 1020 16.25 19.50 Buy 20.0% The Saudi Investment Bank 1030 15.90 18.50 Hold 16.4% Saudi Hollandi Bank 1040 26.80 34.00 Buy 26.9% Banque Saudi Fransi 1050 40.60 57.00 Strong Buy 40.4% SABB 1060 38.60 46.50 Hold 20.5% Arab National Bank 1080 27.50 31.00 Hold 12.7% SAMBA 1090 45.20 52.00 Hold 15.0% Al-Rajhi Bank 1120 67.25 77.00 Buy 14.5% SABIC 2010 90.25 122.00 Buy 35.2% Almarai 2280 93.00 97.00 Hold 4.3% Jarir Marketing Company 4190 199.25 Under Review Under Review N/A Dar Al-Arkan 4300 6.25 --- Not Rated N/A STC 7010 33.10 52.00 Buy 57.1% Etihad Etisalat (Mobily) 7020 50.75 62.00 Buy 22.2% Zain KSA 7030 5.40 Under Review Under Review N/A Note: Prices in SAR ap y Market Reca
Disclaimer This document and its contents are prepared for information purposes only and do not constitute an offer or the solicitation of an offer, to buy or sell a security or enter into any other agreement in any jurisdiction where such an offer or solicitation would be illegal. Technical analysis centers on studying charts of a stock s price movement and trading volume, as opposed to focusing on a company s actual historical or potential future operating or financial results and as such may not correlate with reports based on a company s fundamentals. We make no representations about the accuracy of technical analysis or its validity as a technique. Past performance is not a guide to future performance. The information and any views expressed are given as at the date of writing and are subject to change. While the information has been obtained from sources believed to be reliable we do not represent that it is accurate or complete and it should not be relied upon as such. Riyad Capital, its affiliates and subsidiaries can accept no liability for any direct or consequential loss arising from use of its documents or their contents. At any time, Riyad Capital or its employees may have a position, subject to change in any securities or instruments referred to, or provide services to the issuer of those securities or instruments. Riyad Capital is licensed by the Saudi Arabia Capital Markets Authority (No. 07070-37)