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Kuwait Stock Market Analysis - Orient Consulting Center
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QUICK SUMMARY
QUARTERLY FINANCIALS
YEARLY FINANCIALS
Kuwait Stock Index - Intraday Review of the Previous day:
The market fell marginally on Wednesday (March 17, 2010) a net 28.50 points (0.38%) and closed at 7415 point level. The market opened up then turned down and continued so until 11:49 hours when it reached its day low at 7377 points. Then it rose until closing at the day.

Sentiment was bearish and 5 of the 8 sectors closed with losses. Amongst stocks with the highest volumes 2 of the top 5 were losers, 1 was a gainer and 2 remained unchanged indicating that selective buying and selling had taken place.
Outlook for Today:
On Japanese candlestick patterns the index has formed a second consecutive black body candle. Further, the index has dropped below the 15 days moving average. The index is now below its 5, 15 and 200 days moving averages. Moreover, the velocity parameters, which were neutrally trended, have now turned negative. All these indicate a negative bias and the possibility of a further decline unfolding.
 For More..Click Here..
   522 - EQUIPMENT : Equipment Holding Co. - (18 Mar 2010)
   650 - MUBARRAD : Mubarrad Transport Co. - (18 Mar 2010)
More Details ...
PIVOT ANALYSIS FOR A SELECTION OF SHARES
Share LTP PIVOT SUPPORTS RESISTANCE
S2 S1 R1 R2
KSE  7414  7395  7340  7377  7432  7451 
101 - NBK  1140  1140  1100  1120  1160  1180 
102 - GBK  355  350  335  345  360  365 
103 - CBK  910  910  910  910  910  910 
104 - ABK  480  480  480  480  480  480 
105 - BKME  570  563  543  557  577  583 
More Details ...
Credit Rating and Collection Company announced that its Ordinary Annual General Meeting will be held on April 5, 2010 so as to discuss the recommendation to retain earnings for the financial year 2009.
Kuwait Privatization Project Holding Company announced that its Board of Directors approved on March 16, 2010 its financial statements for the year ended December 31, 2009. The statements revealed a net profit amounting to KD 3,085,389 and Earnings per Share of 4.08 fils compared to a net loss of KD 13,737,325 and Loss per Share of 17.56 fils for the year 2008. The Board has also recommended retaining earnings for the year 2009.
More Company news...
Kuwait Fund for Arab Economic Development intends to ink a loan agreement worth KD 15 million with Jordan to complete the financing of the third expansion of Al Samra Power Generation Plant.
Kuwait Stock Exchange announced that the following companies have been suspended from trading as follows: First: Companies that did not submit statements ended 06-30-2009 and 09-30-2009: Pearl of Kuwait Real Estate Company Second: Companies that did not submit statements ended 03-31-2009, 06-30-2009 and 09-30-2009: Al Safat Global Holding Company Network Holding Company Third: Companies that did not submit statements ended 12-31-2008, 06-30-2009 and 09-30-2009: Al Dar Investment Company International Leasing and Investment Company Villa Moda Lifestyle Company Fourth: Companies that did not submit statements ended 10-31-2009 and 01-31-2010: Al Abraj Holding Company Fifth: Companies that did not pay annual subscription fees for the year 2009-2010: Network Holding Company.
More Economic news...
619 - Kuwait Slaughter House Co.
# Balance Sheet/Income Statement Item Qtr4 2009 % change Qtr4 2008

1

  Net Profits (KD'000) 59  137.82 -156

2

  Earnings per Share (Fils) 1.91  138.12 -5.01

3

  Return on Equity(%) 1.00  125.00 -4.00

4

  Book Value per Share (Fils) 129.18  11.17 116.20

5

  Price to Earning Ratio (Times) 28.88  -61.08 74.21

More Details ...
Date
»  3/18/2010
Close
»  7,413.70
Previous
»  7,415.80
Change
»    -2.1
Change %
»    -0.03%
Open
»  7,413.70
High
»  7,413.70
Low
»  7,358.20
Volume
»  310,200,000
Trade
»  5,904
Value (mill.)
»   60.08
YTD Change
»    8%
52 Week High
»  8,371.10
52 Week Low
»  6,650.80
TOP GAINERS (3/18/2010)
TAM (280) 9.8%
HAYATCOMM (300) 9.1%
JEERANH (110) 7.8%
REAM (128) 6.7%
KCPC (260) 6.6%
TOP LOSERS (3/18/2010)
-15.6%
NAFAIS (56) -6.7%
-6.5%
AREEC (156) -6%
-5.8%
 
Top Market Captialization (3/18/2010)
ZAIN (605) 17.47%
NBK (101) 10.17%
KFIN (108) 7.88%
CBK (103) 3.47%
AUB (818) 2.72%
Pivot Analysis Report
Market Captialization
P/E Ratio
 
 
 
 
 
 
 
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