Latest news with #YoussefBouhlaiqa
Zawya
18-07-2025
- Business
- Zawya
‘Qatar Stock Exchange index balanced, maintains support points'
Doha: The Qatar Stock Exchange (QSE) index closed the week up 0.81 percent, adding 88.01 points to its tally, reaching 10,915 points, approaching the 11,000-point barrier. This was supported by the real estate sector, which achieved the highest weekly gains of 2.87 percent, followed by the banking and financial services sector with 1.3 percent. The telecommunications sector was the only loser this week, losing 0.30 percent. In this context, financial market analyst Youssef Bouhlaiqa predicted in his remarks to the Qatar News Agency (QNA) that if the general index continues its current pace of rise, it will break the 11,000-point barrier next week, saying that the market is in a state of balance and stability and is maintaining its support points. The financial market analyst noted that the general index has benefited from the positive results of listed companies that have disclosed their data so far, describing these profits as expected. He noted that local and foreign portfolios are currently in a state of excitement, awaiting the results of the remaining companies' interim dividend distributions. Bouhlaiqa noted an increasing inflow of foreign portfolios into the Qatari market, seeking investment opportunities. Their recent performance has been marked by monitoring the supply and demand for shares of listed companies. Bouhaliqa stressed the need for investors to focus on the movement of leading stocks across various sectors in the coming period, particularly in the industrial, insurance, and telecommunications sectors, to facilitate investment decisions during a period marked by significant performance gains. © Dar Al Sharq Press, Printing and Distribution. All Rights Reserved. Provided by SyndiGate Media Inc. (
Zawya
09-05-2025
- Business
- Zawya
Qatar: QSE index expected to surpass 10,700 point barrier in coming period
Doha: The Qatar Stock Exchange (QSE) index closed the current week up 0.69 percent, adding 72,410 points to stand at 10,520 points. The transportation sector achieved the highest gains, rising 4.05 percent, followed by the real estate sector, which gained 1.1 percent. Meanwhile, the industrial sector recorded the largest weekly loss, falling 1.17 percent, followed by the insurance sector, which lost 1.07 percent. In this context, financial analyst Youssef Bouhlaiqa expects the QSE index to surpass 10,700 points and then breach the 11,000-point barrier by the beginning of next month, supported by a number of factors, especially fixing interest rates. The Federal Reserve (the US central bank) announced during its meeting yesterday that it would keep interest rates unchanged at 4.25 percent and 4.5 percent, and this was followed by the decision of the Qatar Central Bank to also keep the current interest rate unchanged. Bouhlaiqa pointed to the role that both local and foreign portfolios will play in stimulating the market by injecting capital into the shares of several companies, particularly those that achieved high returns in the first quarter of 2025, noting that stock prices are suitable for buying. The financial market analyst noted that the average trading volume on the QSE this week reached approximately QR392m. © Dar Al Sharq Press, Printing and Distribution. All Rights Reserved. Provided by SyndiGate Media Inc. (
Qatar Tribune
08-05-2025
- Business
- Qatar Tribune
QSE bull run continues as market sentiment strengthens
Satyendra Pathak Doha The Qatar Stock Exchange (QSE) concluded the week on a positive note, with the main index advancing by 72.41 points, or 0.7 percent, to close at 10,520.04. The rally was supported by strong performances across several blue-chip stocks and a generally positive market sentiment, buoyed by both local and global economic signals. Market capitalisation also saw a modest increase, climbing 0.6 percent to reach QR618.6 billion, compared to QR615.0 billion at the end of the previous trading week. Among the 53 listed companies that were traded during the week, 32 registered gains, 19 declined, and two remained unchanged, reflecting a broadly optimistic investor outlook. Vodafone Qatar emerged as the standout performer for the week, recording a gain of 9.3 percent. On the other end of the spectrum, Damaan Islamic Insurance Company was the worst performing stock, losing 5.5 percent over the same period. Key drivers of the index's weekly rise were Nakilat, QNB Group, and Vodafone Qatar. Nakilat alone added 34.42 index points, while QNB contributed 22.65 points. Vodafone Qatar followed closely, adding 17.12 points to the index. Despite the index's upward movement, overall trading activity witnessed a decline. The total traded value for the week dropped by 6.3 percent to QR1,959.7 million, down from QR2,092.4 million in the previous week. Al Rayan Bank led in terms of traded value, registering QR169.1 million worth of transactions. Traded volume also fell by 2.9 percent to 905.4 million shares, compared with 932.5 million shares in the prior week. The number of transactions was significantly lower, dropping 12.1 percent to 88,298 trades from 100,458. Qatar Aluminum Manufacturing Company (Qamco) topped the volume chart, with 99.9 million shares changing hands. On the investor side, foreign institutions remained notably bullish, ending the week with net purchases totaling QR177.1 million, up from QR105.2 million in the previous week. In contrast, Qatari institutions recorded net selling of QR133.4 million, reversing their position from net buying of QR15.0 million a week earlier. Foreign retail investors continued to sell, albeit at a slower pace, with net selling of QR2.4 million compared to QR28.2 million in the prior week. Qatari retail investors also maintained a net selling position, amounting to QR41.3 million, a reduction from QR92 million the week before. Year-to-date data shows that global foreign institutions remain net sellers of Qatari equities by $212.4 million, while institutions from the GCC are also net sellers by $77.8 million, indicating continued outflows at the broader regional level. Commenting on the market outlook, financial analyst Youssef Bouhlaiqa projected that the QSE index is likely to surpass the 10,700 mark and potentially breach the 11,000-point level by the start of next month. He attributed this anticipated rally to multiple favorable factors, including the recent decision by the US Federal Reserve to keep interest rates steady between 4.25 percent and 4.5 percent. Following suit, the Qatar Central Bank also decided to maintain its current policy rates, a move that is expected to boost investor confidence and liquidity in the local market. Bouhlaiqa further emphasised the role of both local and foreign portfolios in revitalizing market activity, particularly through investments in companies that posted strong first-quarter results. He also pointed out that current stock valuations are attractive, making them suitable for accumulation by medium- and long-term investors. The average daily trading volume on the QSE this week was estimated at approximately QR392 million, indicating a stable trading environment despite the overall decline inactivity. As macroeconomic conditions stabilize and interest rates remain unchanged, the QSE appears well-positioned for further gains in the coming weeks, contingent on continued investor participation and corporate earnings momentum.
