The Qatar Stock Exchange (QSE) saw its key index rise by 68 points this week, with market capitalization increasing by QR2.63 billion. Domestic institutions remained net buyers, while sectors such as transport, telecom, and real estate witnessed heightened demand. The QSE launched the Al-Nukhba program, aiming to support private companies. Trading volumes decreased significantly by 46%.
Despite ongoing US tariff concerns, the Qatar Stock Exchange (QSE) experienced a positive week, with its primary index increasing by 68 points and market capitalization rising by QR2.63 billion. Domestic institutions remained net buyers, albeit at reduced levels, while the Qatar Index recorded a weekly gain of 0.66%.
Significant trading activity was noted in the transport, telecommunications, real estate, and consumer goods sectors. The QSE also launched the Al-Nukhba program, aiming to enhance the capabilities of family-owned and private companies in Qatar.
Total assets of commercial banks increased by 3.3% year-on-year, reaching QR2.04 trillion in January 2025, although foreign funds exhibited reduced net profit booking. While Gulf institutions began net selling this week, the Qatar Index managed to maintain its upward trajectory.
The Islamic index outperformed other indices, bolstered notably by Doha Bank’s $500 million global bond which saw a substantial oversubscription, with about 55% of investors from Europe and Asia.
Market capitalization saw a slight uptick of 0.43% to QR616.07 billion, enhancing small and microcap segments, and trade turnover showed signs of decline with no trading activity for treasury bills reported this week.
Sector-specific performance included a notable rise in the transport sector index by 3.07%, alongside gains in telecommunications and real estate, while industrials and banks displayed modest growth.
Around 57% of traded constituents saw gains, with key performers including Qatar General Insurance, Vodafone Qatar, and Doha Bank. Conversely, Gulf International Services and Baladna faced losses.
Significantly, net selling by foreign institutions decreased to QR136.98 million, while Gulf institutions increased net profit booking considerably to QR23.77 million. Overall, net selling trends emerged among various investor groups, particularly foreign retail and Qatari individuals, contributing to a overall decline in trade volumes this week, which plunged by 46%.
The Qatar Stock Exchange demonstrated resilience amid tariff concerns, with a positive gain in its primary index and overall market capitalization. Various sectors, including transport and telecoms, attracted higher demand, while the introduction of the Al-Nukhba program signifies efforts to bolster private sector capabilities. Fluctuations in buying and selling patterns, particularly among foreign and Gulf investors, reflect a dynamic trading environment as the QSE continues to evolve.
Original Source: www.gulf-times.com
