Qatar Stock Exchange: Week in Review 07th January to 11th January 2024

Note: Due to New Year Holiday QSE was closed last week on 01^st January 2024.

The Qatar Stock Exchange (QSE) saw a mixed performance in the week of 07^th January to 11^th January 2024. The total trading value decreased by a notable 26% to QAR 1,991 million, compared to the previous week's worth of QAR 2,708 million. The QSE index experienced a minor increase to 10,466 compared to 10,444 at the beginning of the week.

MARKET LIQUIDITY

The total trading value on the QSE amounted to QAR 1,991 million, experiencing a 26% decrease compared to the previous week's value of QAR 2,708 million.

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Notable Stocks in High Demand 

•             Qatar National Bank (QAR 296 million)

•             Dukhan Bank (QAR 212 million)

•             Masraf Al Rayan (QAR 124 million)

Companies with Limited Trading

•             Qatar Cinema & Film Distribution

•             Damaan Islamic Insurance-Beema

•             Ahli Bank

Listed Companies

• 21 companies increased their traded value, including the top 3:
• ​Zad Holding (288% increase)
• Qatar National Cement (239% increase)
• Alijarah Holding (136% increase)

• 30 companies experienced a decrease, including the biggest reduction to the previous week:
• ​Qatar Insurance (95% decrease)
• Ahli Bank (84% decrease)
• VodaFone Qatar (81% decrease)

Companies that in the current and previous week have traded values lower than 500.000 QAR are not taken into this ranking.

INSIDER TRADING

• Significant changes in insider trading activity on the Qatar Stock Exchange (QSE) were observed during the past week. Insider purchases, increased to QAR 9,261,669, representing a 12% increase compared to the previous week's insider purchases, which totalled QAR 8,284,834.
• Insider sales on the QSE for the same week totalled QAR 1,231,464, reflecting a substantial 83% decrease when juxtaposed with the insider sales reported in the preceding week, which had reached QAR 7,482,379.

Noteworthy Insider Transactions

Highest Insider Purchases:

•             Dukhan Bank (QAR 3,005,864)

•             Masraf Al Rayan(QAR 2,521,019)

•             Nakilat(QAR 2,039,787)

Highest Insider Sales:

•             Masraf Al Rayan (QAR 464,582)

•             Qatar Electricity & Water (QAR 458,120)

•             Milaha(QAR 199,162)

QSE INDEX PERFORMANCE

• The QSE index began the week at 10,444 points and closed at 10,466 points, demonstrating a negligible increase.
• Among the listed companies, 16 performed better than the QSE index, while 35 performed below it, showcasing a mixed market performance throughout the week.

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MARKET PERFORMANCE

21 companies witnessed an increase in their stock prices, one remained unchanged, while 29 experienced decreases. 

Top 3 Price Increases:

•            Milaha (6% increase)

•            Damaan Islamic Insurance-Beema(5% increase)

•            Qatar Cinema & Film Distribution(5% increase)

Highest Price Decreases:

•           Qatar General Insurance & Reinsurance (9% decrease)

•           Ahli Bank (5% decrease)

•           Ooredoo Qatar (3% decrease)

For additional detailed QSE companies’ information and financial insights, explore Sahmik Analytics.