Doha: Financial analyst Ahmed Aql emphasised that the decline in the Qatar Stock Exchange (QSE) index’s performance this week is due to profit-taking and the market’s correction following a series of consecutive gains over the past few weeks.
The QSE market index closed trading this week down 306.24 points, or 2.63 percent, to reach 11,342.57 points, compared to the end of last week’s trading, under pressure from all sectors.
In his remarks to Qatar News Agency (QNA), Aql pointed out that the QSE index witnessed a significant increase in recent weeks.
After several increases, the index returned to calm during the current week due to profit-taking operations, which are important for the market in terms of providing an opportunity for investors to enter and exit.
He added that the Qatari market’s internal data is positive, in terms of financial surpluses, growth rates, attractive investment environment, and corporate profits during the first half of 2025, which rose by 2.31 percent to reach QR26.67bn year-on-year, enhancing market opportunities for investors in the coming period.
He pointed out that the ambiguity and lack of clarity surrounding the US Federal Reserve’s interest rate decision cast a shadow over global and regional financial markets.
Reports indicate a split in opinions regarding the decision to cut interest rates, with US Federal Reserve members confirming that inflation remains relatively high, which has had an impact on financial markets.
The QSE’s weekly report revealed that stock trading reached approximately QR1.88bn, with 771.165 million shares sold in 101,437 transactions.