The Qatar Stock Exchange (QSE) saw a mixed performance in the week of 19th January to 23rd January 2024. The total trading value jumped by 29% to QAR 2,417 million, compared to the previous week's worth of QAR 1,875 million. The QE index made a minor change to 10,660 compared to 10,468 at the beginning of the week.
MARKET LIQUIDITY
The total trading value on the QSE amounted to QAR 2,417 million, experiencing a 29% increase compared to the previous week's value of QAR 1,875 million. 37 companies increased their traded value, while 14 companies experienced a reduction.
INSIDER TRADING
Insider purchases increased significantly this week, totaling QAR 3,184,065. This marks a staggering 785% increase compared to the previous week's total of QAR 359,717, highlighting a sharp increase in insider activity.
Insider sales on the QSE for the same week totaled QAR 92,320, and reported a decrease of 70% compared to the insider sales reported in the preceding week, which were QAR 310,722.
QE INDEX PERFORMANCE
The QE index began the week at 10,468 points and closed at 10,660 points, demonstrating a minor change. Among the listed companies, 27 performed better than the QSE index, while 24 performed below it, showcasing a mixed market performance throughout the week.
MARKET PERFORMANCE
42 companies witnessed an increase in their stock prices, 1 remained unchanged while 8 experienced decreases.