{
  "id": 16357293,
  "title": "QNB Report",
  "url": "https://urgent.news/2026/10/23/qnb-report",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-23T21:00:00.000Z",
  "source": {
    "name": "Gulf Times Business",
    "slug": "gulf-times-business",
    "url": "https://www.gulf-times.com/article/736554/business/qnb-report"
  },
  "original_language": "en",
  "account": "The Qatar Stock Exchange (QSE) experienced a decline of 199.07 points, or 2.3%, closing at 8,611.10 points. This represented a decrease from the previous week, with the market capitalization falling by 1.7% to QR526.4bn from QR535.6bn. Out of the 54 companies traded, 14 stocks finished higher, three remained unchanged, and 37 stocks closed lower. QIMD emerged as the top performer, increasing by 7.3%, while NLCS suffered the most significant loss, dropping 9.6%.\n\nSeveral major contributors to the index's decline included Qatar Islamic Bank (QIBK), Commercial Bank of Qatar (CBQK), and Nakilat (QGTS), which collectively shaved off 57.62, 34.26, and 18.74 points from the index, respectively. Traded value surged by 31.6% to QR1,863.3mn compared to QR1,415.5mn in the previous week. QNB Group (QNBK) was the most traded stock during the week, with a total value of QR234.7mn. Traded volume also increased by 48.7% to 884.9mn shares, compared to 594.9mn shares in the prior week.\n\nThe number of transactions rose by 54.6% to 155,031, up from 100,299 in the previous week. Baladna (BLDN) had the highest traded volume with 109.2mn shares. Foreign institutions remained bullish, ending the week with net buying of QR23.7mn, while Qatari institutions turned bullish, ending with net buying of QR71.5mn. Foreign retail investors sold QR7.7mn, while Qatari retail investors sold QR28.0mn. Global foreign institutions held a net bearish position on Qatari equities at $38.9mn for the year, and GCC institutions also sold by $13.7mn. The QSE index continued its downward trend, dropping by 2.6%, remaining below the 9,000 psychological level. Analysts forecast further decline towards the 8,300 level, with the major weekly resistance now at 9,000 points.",
  "summary": "The Qatar Stock Exchange (QSE) lost 199.07 points or 2.3% to close at 8,611.10 vs. the previous week. Market capitalisation decreased by 1.7% to QR526.4bn from QR535.6bn at the end of the previous tra...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}