These are The Top Five Stocks on Qatar Stock Exchange in Q1 2024

In the Qatar Stock Exchange (QSE) dynamic landscape, the first quarter of 2024 has seen positive performances from several sectors. Here are the top five stocks that have made significant strides in Q1 2024:

MEEZA QSTP (MEZA) has secured the top spot, with a 14% increase in share price, climbing from QAR 2.9 to QAR 3.3. In the last annual financial statement, the company's earnings per share (EPS) witnessed a favorable uptick, further bolstering investor confidence.

With the Board of Directors' proposal of a cash dividend, MEEZA demonstrates a commitment to rewarding its shareholders.

Qatar Gas Transport (QGTS) emerges as a strong contender. Its share price surged 13%, reaching QAR 4.

The recent credit rating upgrade by Fitch Ratings underscores the company's financial stability and positive outlook, instilling optimism among investors.

Mesaieed (MPHC) follows closely, with an 11% increase in share price from QAR 1.8 to QAR 2.

The Board of Directors' recommendation of a cash dividend reflects the company's robust financial performance in 2023, further enhancing its attractiveness to investors.

Qatar Navigation (QNNS) and United Development (UDCD) secure the fourth and fifth positions, respectively, with share price increases of 9% and 8%.

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