Note: Due to New Year Holiday QSE was closed on 01^st January 2024.

The Qatar Stock Exchange (QSE) saw a mixed performance in the week of 31^st December 2023 to 04^th January 2024. The total trading value decreased by a notable 24% to QAR 2,708 million, compared to the previous week's worth of QAR 3,556 million. The QSE index experienced a decrease to 10,434 compared to 10,831 at the beginning of the week.

MARKET LIQUIDITY

The total trading value on the QSE amounted to QAR 2,708  million, experiencing a 24% decrease compared to the previous week's value of QAR 3,556 million.

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Notable Stocks in High Demand 

•             Qatar National Bank (QAR 448 million)

•             Masraf Al Rayan (QAR 257 million)

•             Qatar Islamic Bank (QAR 214 million)

Companies with Limited Trading

•             Damaan Islamic Insurance-Beema

•             Qatar General Insurance & Reinsurance

•             Qatar Cinema & Film Distribution

Listed Companies

• 26 companies increased their traded value, including the top 3:
• ​Qatar Industrial Manufacturing (1,717% increase)
• ​Zad Holding (417% increase)
• Qatar Islamic Insurance (339% increase)

• 25 companies experienced a decrease, including the biggest reduction to the previous week:
• ​Damaan Islamic Insurance-Beema (82% decrease)
• Qatar Aluminium Manufacturing (57% decrease)
• Widam Food (56% decrease)

Companies that in the current and previous week have traded values lower than 500.000 QAR are not taken into this ranking.

INSIDER TRADING

• Significant changes in insider trading activity on the Qatar Stock Exchange (QSE) were observed during the past week. Insider purchases, increased sharply to QAR 8,287,126, representing a significant 59% increase compared to the previous week's insider purchases, which totalled QAR 5,196,235.
• Insider sales on the QSE for the same week totalled QAR 7,481,905, reflecting a 46% decrease when juxtaposed with the insider sales reported in the preceding week, which had reached QAR 13,818.280.

Noteworthy Insider Transactions

Highest Insider Purchases:

•             Masraf Al Rayan(QAR 4,450,468)

•             Al Meera (QAR 1,554,342)

•             Milaha(QAR 821,243)

Highest Insider Sales:

•             Nakilat(QAR 3,911,828)

•             Masraf Al Rayan(QAR 2,652,571)

•             Barwa Real Estate(QAR 403,765)

QSE INDEX PERFORMANCE

• The QSE index began the week at 10,831 points and closed at 10,434 points, demonstrating a 4% decrease.
• Among the listed companies, 43 performed better than the QSE index, while 8 performed below it, showcasing a mixed market performance throughout the week.

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MARKET PERFORMANCE

13 companies witnessed an increase in their stock prices, one remained unchanged, while 37 experienced decreases. 

Top 3 Price Increases:

•            Ahli Bank (15% increase)

•            Mesaieed Petrochemical Holding (5% increase)

•            Gulf Warehousing (5% increase)

Highest Price Decreases:

•           Qatar General Insurance & Reinsurance (10% decrease)

•           Commercial Bank (9% decrease)

•           Ooredoo Qatar (8% decrease)

For additional detailed QSE companies’ information and financial insights, explore Sahmik Analytics.