QSE Key Index Surges 424 Points; M-Cap Adds QR25.63bn

The Iran-Israel truce had its profound impact on the Qatar Stock Exchange (QSE), which saw all of its constituents extend gains to investors, leading the main index vault 424 points and capitalisation add about QR26bn this week.

The foreign institutions were seen increasingly net buyers as the 20-stock Qatar Index surged 4.13% this week which saw the Qatar Central Bank maintain status quo on interest rates after its assessment of the monetary policy.

“The ceasefire (between Iran and Israel) had its impact in lifting the sentiments across the board. What is important is the sustainability of it,” an analyst with a leading brokerage house said.

The Arab individuals were seen net buyers in the main bourse this week which saw Moody’s, a global credit rating agency, affirm Doha Bank’s long-term counterparty risk rating at “A3” and deposit rating at “Baa1” with a “stable” outlook.

The Gulf institutions turned bullish in the main market this week which saw Doha Bank enter the global debt market with its first euro-denominated syndicated facility for €500mn on highly attractive terms, demonstrating the continuing attraction to international institutional investors, including European.

The Arab funds were seen net buyers, albeit at lower levels, this week which saw Commercial Bank issue a three-year tenor, QR500mn senior-unsecured bonds with a coupon of 4.90%.

The domestic institutions were however seen increasingly net profit takers in the main market this week which saw Fitch confirm the credit rating of Ahlibank Qatar at “A” with stable outlook

The local retail investors were increasingly net sellers in the main bourse this week which saw a total of 0.21mn AlRayan Bank-sponsored exchange traded fund QATR worth QR0.49mn trade across 59 deals.

The foreign individuals were also increasingly net profit takers in the main market this week which saw as many as 2,291 Doha Bank-sponsored exchange-traded fund QETF valued at QR0.02mn change hands across five transactions.

The Gulf retail investors were increasingly bearish in the main bourse this week which saw no trading of sovereign bonds and treasury bills.

The Islamic index was seen declining slower than the main barometer of the main market this week, which saw Doha recorded as many as 54.02mn transactions valued at QR15.28bn through the country’s payment system in May 2025 with point-o-f-sales constituting a vast majority.

Market capitalisation shot up QR25.63bn or 4.23% to QR631.04bn on the back of large and midcap segments this week which saw the industrials and consumer goods sectors together constitute about 51% of the total trade volumes.

Trade turnover was on the decline amidst higher volumes in the main bourse; while the venture market saw heightened volume and value this week.

The Total Return Index zoomed 4.13%, the All Islamic Index by 4.06% and the All Share Index by 4.06% this week.

The transport sector index zoomed 7.74%, telecom (7.5%), realty (6.31%), insurance (6.11%), consumer goods and services (3.59%), industrials (3.4%) and banks and financial services (3.23%) this week.

Major gainers in the main bourse included Mannai Corporation, Widam Food, Qatar German Medical Devices, Al Faleh Educational Holding, Qatar General Insurance and Reinsurance, QNB, Qatar Islamic Bank, Commercial Bank, Doha Bank, QIIB, AlRayan Bank, Industries Qatar, Aamal Company, Qatari Investors Group, Aamal Company, Qamco, Gulf International Services, Ezdan, Mazaya Qatar, Barwa, Ooredoo, Vodafone Qatar, Nakilat and Milaha. In the venture market, Techno Q saw its shares appreciate in value this week.

The foreign institutions’ net buying increased substantially to QR719.93mn compared to QR109.13mn the previous week.

The Arab retail investors turned net buyers to the tune of QR40.65mn against net sellers of QR55.08mn the week ended June 19.

The Gulf institutions were net buyers to the extent of QR10.46mn compared with net sellers of QR15.25mn a week ago.

The Arab institutions turned net buyers to the extent of QR0.28mn against no major net exposure the previous week.

However, the domestic funds’ net selling strengthened significantly to QR634.55mn compared to QR28.14mn the week ended June 19.

The local retail investors’ net profit booking expanded drastically to QR101.93mn against QR4.16mn a week ago.

The foreign individual investors’ net selling surged perceptibly to QR20.43mn compared to QR6.45mn the previous week.

The Gulf retail investors’ net profit booking increased markedly to QR14.42mn against QR0.04mn the week ended June 19.

The main market saw 4% jump in trade volumes to 1.22bn shares but on 2% decline in value to QR3.02bn and 9% in deals to 116,232 this week.

In the venture market, trade volumes more than doubled to 0.32mn equities and value more than doubled to QR0.88mn on tripled transactions to 123.