Market Review and Outlook
The Qatar Stock Exchange (QSE) rose 191.56 points or 1.9% to 10,112.25 vs. the previous week. Market capitalisation increased by 2.4% to QR608.2bn from QR594.2bn at the end of the previous trading wee...
The Qatar Stock Exchange (QSE) experienced a 1.9% increase, closing at 10,112.25 points, up from 10,112.25 the previous week. The market capitalization rose by 2.4% to QR608.2bn. Of the 54 companies traded, 39 saw gains, while 13 ended lower. Qatar General Insurance (QGRI) was the top performer, surging 24.3%. Nebras (QEWS) was the worst, dropping 3.9%.
Traded value surged 8.6% to QR1,698.0mn. QNBK led in volume traded, with QR161.8mn. Qatari and foreign institutions turned bullish, ending the week with net buying. Qatar Aluminum (QAMC) saw the highest traded volume. Foreign retail investors ended the week with net selling. The QSE Index closed at 1.9%, rebounding from the 10,000 level. Technical indicators suggest risk-taking opportunities.
Written by urgent.news from Gulf Times Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
