The Qatar Stock Exchange (QSE) saw a mixed performance in the week of 12th January to 16th January 2024. The total trading value jumped by 7% to QAR 1,875 million, compared to the previous week's worth of QAR 1,755 million. The QE index made a minor change to 10,472 compared to 10,404 at the beginning of the week.
MARKET LIQUIDITY
The total trading value on the QSE amounted to QAR 1,875 million, experiencing a 7% increase compared to the previous week's value of QAR 1,755 million. 28 companies increased their traded value, while 23 companies experienced a reduction.
INSIDER TRADING
Insider purchases dropped significantly this week, totaling only QAR 358,185. This marks a staggering 98% decline compared to the previous week's total of QAR 22,155,793, highlighting a sharp reduction in insider activity.
Insider sales on the QSE for the same week totaled QAR 312,022, and reported a decrease of 39% compared to the insider sales reported in the preceding week, which were QAR 511,066.
QE INDEX PERFORMANCE
The QE index began the week at 10,404 points and closed at 10,472 points, demonstrating a minor change. Among the listed companies, 12 performed better than the QSE index, while 39 performed below it, showcasing a mixed market performance throughout the week.
MARKET PERFORMANCE
22 companies witnessed an increase in their stock prices, 2 remained unchanged while 27 experienced decreases.