Qatar Stock Exchange: Week in Review 22nd September to 26th September 2024
The Qatar Stock Exchange (QSE) saw a mixed performance in the week of 22nd September to 26th September 2024. The total trading value decreased by 2% to QAR 2,023 million, compared to the previous week's worth of QAR 2,075 million. The QE index made a 1% increase to 10,582 compared to 10,439 at the beginning of the week.
MARKET LIQUIDITY
The total trading value on the QSE amounted to QAR 2,025 million, experiencing a 2% decrease compared to the previous week's value of QAR 2,075 million. 25 companies increased their traded value, while 26 companies experienced a reduction.
INSIDER TRADING
Insider purchases sharply increased to QAR 3,606,927, representing a 38% increase compared to the previous week's insider purchases, which totaled QAR 2,610,975.
Insider sales on the QSE for the same week totaled QAR 631,386, reflecting a notable 61% drop compared to the insider sales reported in the preceding week, which were QAR 1,628,246.
QE INDEX PERFORMANCE
The QE index began the week at 10,439 points and closed at 10,582 points, demonstrating a 1% increase. Among the listed companies, 19 performed better than the QSE index, while 32 performed below it, showcasing a mixed market performance throughout the week.
MARKET PERFORMANCE
35 companies witnessed an increase in their stock prices, 2 remained unchanged while 14 experienced decreases.
