The document provides a daily technical analysis report on the Qatar Stock Exchange (QSE) Index and selected Qatari stocks.
Key points from the analysis include:
- The QSE Index closed slightly higher but remains in a neutral range, requiring higher highs and lows to establish a bullish trend.
- Doha Bank was highlighted as a potential buy idea if its stock price breaks above a resistance level of QR32.
The report also includes intraday support and resistance levels, moving average indicators, and performance data for sectors and other stocks on the QSE.
QNBFS Daily Technical Trader - Qatar June 19, 2017QNB Group
The Index created a corrective candlestick pattern; we may see some selling pressure but as long as it stays above the 9,000 level, it is considered stable.
QNBFS Daily Technical Trader - Qatar April 13, 2017QNB Group
The Index created a bullish engulfing
candlestick but the Index remains under
the 10,500 level but indecision overrules
the general sentiment in the market.
QNBFS Daily Technical Trader - Qatar for January 28, 2018Aicha El-Mamy
As we expected in previous reports, the Index continued with its bullish leg and approaching the 9,600 level; we expect to see resistance around that psychological level.
QNBFS Daily Technical Trader - Qatar March 23, 2017QNB Group
The Index closed down and the Index
losing its signals except for a possible
inverse Head and Shoulders that has not
been confirmed yet. Once confirmed, we
may see a stronger move on the green
side.
QNBFS Daily Technical Trader - Qatar June 19, 2017QNB Group
The Index created a corrective candlestick pattern; we may see some selling pressure but as long as it stays above the 9,000 level, it is considered stable.
QNBFS Daily Technical Trader - Qatar April 13, 2017QNB Group
The Index created a bullish engulfing
candlestick but the Index remains under
the 10,500 level but indecision overrules
the general sentiment in the market.
QNBFS Daily Technical Trader - Qatar for January 28, 2018Aicha El-Mamy
As we expected in previous reports, the Index continued with its bullish leg and approaching the 9,600 level; we expect to see resistance around that psychological level.
QNBFS Daily Technical Trader - Qatar March 23, 2017QNB Group
The Index closed down and the Index
losing its signals except for a possible
inverse Head and Shoulders that has not
been confirmed yet. Once confirmed, we
may see a stronger move on the green
side.
QNBFS Daily Technical Trader - Qatar March 19, 2017QNB Group
We keep the support level at 10,365, even
though the Index closed just below that
level. We expect the Index to possibly
bounce off the lower part of the
downtrend channel seen on the intraday
chart.
QNBFS Daily Technical Trader - Qatar October 02, 2016QNB Group
The Index remained below the uptrend
channel. The technical projection on the
Index remains bearish, unless the Index
manages to sustain a break above the
10,650 level
QNBFS Daily Technical Trader - Qatar April 02, 2017QNB Group
The Index ended last week on the red; it
lost 0.25% of the session and lost 0.52%
for the week on weaker volumes. Unless
the Index moves above the 10,500 mark,
it could struggle further with weakness.
QNBFS Daily Technical Trader - Qatar December 06, 2016QNB Group
The Index created a bearish engulfing
candlestick on the daily chart but the
intraday chart shows possible uptick.
Consequently, a break below yesterday’s
low (which is just around our 9,900
support level), could take
QNBFS Daily Technical Trader - Qatar May 11, 2017QNB Group
The Index closed up as expected but on
lower traded volumes. The good news is
that the 9,800 level marks an important
support; the short term outlook looks
positive.
QNBFS Daily Technical Trader - Qatar February 02, 2017QNB Group
The Index closed flat and created a
narrow downtrend channel on the
intraday chart. If the Index manages to
break above that channel then the chance
for a corrective rally would become
possible.
QNBFS Daily Technical Trader - Qatar June 14, 2017QNB Group
The Index has stabilized above a critical psychological support at the 9,000 mark. The current status on the daily RSI indicates a possible bounce but keep an eye if the Index breaks below the mentioned level.
QNBFS Daily Technical Trader - Qatar May 29, 2017QNB Group
The Index remains flat as seen on the daily chart; the moving averages are flat and the RSI is also neutral. On the Intraday chart, we see the Index trying to breakout above the downtrend channel.
QNBFS Daily Technical Trader - Qatar February 07, 2017QNB Group
The Index closed marginally higher after
the bullish Engulfing candlestick created
the session before. The Index has been
maintaining its level above the 10,500
mark and above its moving averages,
which is positive.
QNBFS Daily Technical Trader - Qatar October 04, 2016QNB Group
Another session ended on the downtick
and this could apply more corrective
pressure on the Index. We remain bearish
on the expected general attitude to the
Index.
QNBFS Daily Technical Trader - Qatar October 31, 2016QNB Group
The Index slid over 2% and puts the RSI
into the oversold area on both time
frames. As a result, we might see a
bounce against the short-term
downtrend.
QNBFS Daily Technical Trader - Qatar March 08, 2017QNB Group
The Index has weakened even further and
broke below the 10,500 support (which is
now a resistance level). The possibility for
a relief bounce is there but the trend, in
the shorter term, turned bearish.
QNBFS Daily Technical Trader - Qatar March 19, 2017QNB Group
We keep the support level at 10,365, even
though the Index closed just below that
level. We expect the Index to possibly
bounce off the lower part of the
downtrend channel seen on the intraday
chart.
QNBFS Daily Technical Trader - Qatar October 02, 2016QNB Group
The Index remained below the uptrend
channel. The technical projection on the
Index remains bearish, unless the Index
manages to sustain a break above the
10,650 level
QNBFS Daily Technical Trader - Qatar April 02, 2017QNB Group
The Index ended last week on the red; it
lost 0.25% of the session and lost 0.52%
for the week on weaker volumes. Unless
the Index moves above the 10,500 mark,
it could struggle further with weakness.
QNBFS Daily Technical Trader - Qatar December 06, 2016QNB Group
The Index created a bearish engulfing
candlestick on the daily chart but the
intraday chart shows possible uptick.
Consequently, a break below yesterday’s
low (which is just around our 9,900
support level), could take
QNBFS Daily Technical Trader - Qatar May 11, 2017QNB Group
The Index closed up as expected but on
lower traded volumes. The good news is
that the 9,800 level marks an important
support; the short term outlook looks
positive.
QNBFS Daily Technical Trader - Qatar February 02, 2017QNB Group
The Index closed flat and created a
narrow downtrend channel on the
intraday chart. If the Index manages to
break above that channel then the chance
for a corrective rally would become
possible.
QNBFS Daily Technical Trader - Qatar June 14, 2017QNB Group
The Index has stabilized above a critical psychological support at the 9,000 mark. The current status on the daily RSI indicates a possible bounce but keep an eye if the Index breaks below the mentioned level.
QNBFS Daily Technical Trader - Qatar May 29, 2017QNB Group
The Index remains flat as seen on the daily chart; the moving averages are flat and the RSI is also neutral. On the Intraday chart, we see the Index trying to breakout above the downtrend channel.
QNBFS Daily Technical Trader - Qatar February 07, 2017QNB Group
The Index closed marginally higher after
the bullish Engulfing candlestick created
the session before. The Index has been
maintaining its level above the 10,500
mark and above its moving averages,
which is positive.
QNBFS Daily Technical Trader - Qatar October 04, 2016QNB Group
Another session ended on the downtick
and this could apply more corrective
pressure on the Index. We remain bearish
on the expected general attitude to the
Index.
QNBFS Daily Technical Trader - Qatar October 31, 2016QNB Group
The Index slid over 2% and puts the RSI
into the oversold area on both time
frames. As a result, we might see a
bounce against the short-term
downtrend.
QNBFS Daily Technical Trader - Qatar March 08, 2017QNB Group
The Index has weakened even further and
broke below the 10,500 support (which is
now a resistance level). The possibility for
a relief bounce is there but the trend, in
the shorter term, turned bearish.
QNBFS Daily Technical Trader - Qatar April 23, 2017QNB Group
The Index broke below the 10,200 level
but managed to close above it end of
Thursday’s session.A relief rally is
possible but the short-term trend remains
down.
QNBFS Daily Technical Trader - Qatar May 05, 2016QNB Group
The QSE Index dipped to our expected
support around the 9,800. Based on the
intraday RSI movement, we could see a
correction upwards. That been said, we
remain cautious as the trend remains
down
QNBFS Daily Technical Trader - Qatar April 10, 2017QNB Group
Now that the Index moved up and reached the 10,500 level, we see indecision among traders on the possible direction of the market. Indicators are mostly flat for that matter.
QNBFS Daily Technical Trader - Qatar March 07, 2017QNB Group
The Index weakened and remains in a
range like we expected last week.
Weakness is expected to continue,
especially if the Index drops below the
10,500 mark.
QNBFS Daily Technical Trader - Qatar June 27, 2016QNB Group
The Index remains in a range even after
the sharp decline it exhibits in the past
session. As a result, we have to wait and
see because we expect so see choppiness
in the movement.
QNBFS Daily Technical Trader - Qatar June 22, 2016QNB Group
The Index continued with its uptick, but it
the Index remained in a trading range as
seen on the daily chart. That been said,
there could be a Reverse Head and
Shoulders formation in the making.
Further confirmations needed for that
pattern.
QNBFS Daily Technical Trader - Qatar May 22, 2016QNB Group
The Index continued down this past Thursday, following the main trend that we have mentioned in previous reports. Bounces, at this point, should be used for exits.
QNBFS Daily Market Report December 24, 2023QNB Group
The QE Index rose 0.8% to close at 10,285.3. Gains were led by the Transportation and Banks & Financial Services indices, gaining 1.4% and 1.2%, respectively.
QNBFS Daily Market Report October 04, 2023QNB Group
The QE Index rose 0.2% to close at 10,273.3. Gains were led by the Transportation and Consumer Goods & Services indices, gaining 1.7% and 0.1%, respectively.
QNBFS Daily Technical Trader Qatar - October 04, 2023 التحليل الفني اليومي لب...QNB Group
The General Index failed to sustain its breakout above the double-bottom formation’s neckline and continued with its decline into the formation’s territory.
QNBFS Daily Technical Trader Qatar - September 28, 2023 التحليل الفني اليومي ...QNB Group
The General Index failed to sustain its breakout above the double-bottom formation’s neckline and continued with its decline into the formation’s territory.
QNBFS Daily Market Report September 24, 2023QNB Group
The QE Index rose 0.3% to close at 10,323.0. Gains were led by the Transportation and Industrials indices, gaining 0.8% each. Top gainers were Qatar Navigation and Al Khaleej Takaful Insurance Co., rising 3.3% and 2.0%, respectively.
QNBFS Daily Technical Trader Qatar - September 24, 2023 التحليل الفني اليومي ...QNB Group
The General Index failed to sustain its breakout above the double-bottom formation’s neckline and continued with its decline into the formation’s territory.
QNBFS Daily Technical Trader Qatar - September 19, 2023 التحليل الفني اليومي ...QNB Group
The General Index failed to sustain its breakout above the double-bottom formation’s neckline and continued with its decline into the formation’s territory.
QNBFS Daily Market Report September 17, 2023QNB Group
The QE Index declined 0.5% to close at 10,319.3. Losses were led by the Industrials and Consumer Goods & Services indices, falling 1.4% and 1.1%, respectively.
QNBFS Daily Technical Trader Qatar - September 07, 2023 التحليل الفني اليومي ...QNB Group
The General Index failed to
sustain its breakout above the
double-bottom formation’s
neckline and continued with
its decline into the
formation’s territory.
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
Introduction to Indian Financial System ()Avanish Goel
The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments.
It facilitates the flow of funds form the households (savers) to business firms (investors) to aid in wealth creation and development of both the parties
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
Exploring Abhay Bhutada’s Views After Poonawalla Fincorp’s Collaboration With...beulahfernandes8
The financial landscape in India has witnessed a significant development with the recent collaboration between Poonawalla Fincorp and IndusInd Bank.
The launch of the co-branded credit card, the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card, marks a major milestone for both entities.
This strategic move aims to redefine and elevate the banking experience for customers.
Exploring Abhay Bhutada’s Views After Poonawalla Fincorp’s Collaboration With...
QNBFS Daily Technical Trader - Qatar May 16, 2017
1. COPYRIGHT: No part of this document may be reproduced without the explicit written permission of QNBFS Page 1 of 5
Daily Technical Trader – Qatar
Tuesday, 16 May 2017
Today’s Coverage
Ticker Price Target
DHBK 31.90 33.00
QSE Index
Level % Ch. Vol. (mn)
Last 10,118.13 0.56 6.0
Resistance/Support
Levels 1
st
2
nd
3
rd
Resistance 10,200 10,300 10,500
Support 10,000 9,900 9,800
QSE Index Commentary
Overview:
The Index closed with an uptick but
remains neutral. All we have seen so far is
a relief rally and we would like to see
higher highs and higher lows for a bullish
trend to, possibly, be established.
Expected Resistance Level: 10,200
Expected Support Level: 10,000
QSE Index (Daily)
Source: Bloomberg, QNBFS Research
QSE Summary
Market Indicators 15 May 14 May %Ch.
Value Traded (QR mn) 171.0 205.9 -17.0
Ex. Mkt. Cap. (QR bn) 540.3 537.7 0.5
Volume (mn) 8.5 9.3 -8.5
Number of Trans. 2,586 2,444 5.8
Companies Traded 41 41 0.0
Market Breadth 24:13 16:24 –
QSE Indices
Market Indices Close 1D% RSI
Total Return 16,967.50 0.6 50.3
All Share Index 2,865.01 0.5 47.7
Banks 2,975.57 0.5 49.0
Industrials 3,117.13 0.4 42.0
Transportation 2,110.28 0.2 23.0
Real Estate 2,405.09 1.1 57.0
Insurance 4,329.59 0.6 56.6
Telecoms 1,285.91 0.2 58.6
Consumer Goods 5,922.49 -0.6 26.5
Al Rayan Islamic 4,044.29 0.5 48.5
RSI 14 (Overbought)
Ticker Close 1D% RSI
RSI 14 (Oversold)
Ticker Close 1D% RSI
QGTS 18.97 -0.3 14.3
GISS 23.90 0.2 17.6
MCCS 76.90 -0.1 18.4
QFLS 120.40 -0.9 26.6
AHCS 13.10 0.0 27.5
QSE Index (30min)
Source: Bloomberg, QNBFS Research
2. COPYRIGHT: No part of this document may be reproduced without the explicit written permission of QNBFS Page 2 of 5
DOHA BANK (DHBK)
Price % Ch. Volume
Last 31.90 1.27 247,185
Resistance/Support
Levels (QR) 1
st
2
nd
3
rd
Resistance 32.00 33.00 34.00
Support 30.90 29.90 29.00
Commentary
Overview:
The bank has been ranging above the
QR30.00 level since March and a price
breakout above the current range could be
positive in the short term.
Expected Target Price: QR33.00 – QR34.00
A price breakout above QR32.00 triggers
the buy idea.
Suggested Stop-Loss Price: QR29.90
(Daily)
Source: Bloomberg, QNBFS Research
(Hourly)
Source: Bloomberg, QNBFS Research
4. COPYRIGHT: No part of this document may be reproduced without the explicit written permission of QNBFS Page 4 of 5
Definitions:
Candlestick: A chart that displays the high, low, opening and closing prices for a security in a single period. The body of the candle is made up by the opening and
the closing prices, i.e., the taller the body the greater the range between these two prices and vice versa. A colored candle denotes a closing price that is lower
than the opening price, while a white candle shows the opposite. The candlestick's shadows or wicks show the period's high and low prices and how they
compare to the opening and closing price. In general, the shape of the candle will vary upon the positions of the period's high, low, opening and closing prices.
Support: A level that could cause more buyers to step in in order to prevent the security from falling or causing the security price to head higher.
Resistance: An inverse of a support level. A resistance area or level could cause more sellers to step in in order to prevent the security from rising or causing the
security price to head lower.
SMA (Simple Moving Average): Is an arithmetic average, which calculates the average price of a security over a defined number of periods and is thus considered
a lagging indicator. SMAs used in our analysis refer to closing prices. In general, SMAs serve many purposes, such as a smoothing tool, an indicative price
direction and potential support/resistance levels.
Market Breadth: Breadth indicates the number of securities that have closed higher vs. the number of decliners in a particular exchange.
MACD (Moving Average Convergence/Divergence): Is a trading indicator, which shows changes in the strength, direction, momentum and duration of a trend in
a stock's price through a collection of three time series calculated from historical closing price data.
RSI (Relative Strength Index): Is a momentum indicator that compares a security’s price gains to its losses for a predetermined number of periods (we generally
use 14 periods). The RSI attempts to point out how a security, in relative terms, is in the overbought/oversold zone. Securities with a RSI above 70 could be
considered as overbought, and below 30 could be considered as oversold.
Pattern/Formation: Is a graphical presentation of a security’s price activity over a certain period of time. Formations come in different shapes (such as, head &
shoulders, triangles, flags, and so on). They can be used to identify potential trends, reversal of trends, price targets, entry and exit points, etc.
Fibonacci Retracements: Are horizontal lines that indicate expected areas of support/resistance for a security based on a predetermined price movement. These
levels are usually indicated by Fibonacci ratios of 23.6%, 38.2%, 50.0%, 61.8% and 100% from that particular movement.
Fibonacci Pivot and Intra-day Support/Resistance: A Pivot Point is generally used to formulate expected future support/resistance levels. From the base Pivot
Point, Fibonacci multiples of the high-low differential are added to form resistance levels and subtracted to form support levels.
5. COPYRIGHT: No part of this document may be reproduced without the explicit written permission of QNBFS Page 5 of 5
Contacts:
Zaid al-Nafoosi, CMT, CFTe Saugata Sarkar Shahan Keushgerian
Senior Research Analyst Head of Research Senior Research Analyst
Tel: (+974) 4476 6535 Tel: (+974) 4476 6534 Tel: (+974) 4476 6509
zaid.alnafoosi@qnbfs.com.qa saugata.sarkar@qnbfs.com.qa shahan.keushgerian@qnbfs.com.qa
Mohamed Abo Daff Sahbi Kasraoui Youssef Elboghdady
Senior Research Analyst Acting Head of Trading Head of Institutional Sales & Trading
Tel: (+974) 4476 6589 Tel: (+974) 4476 6544 Tel: (+974) 4476 6542
Mohd.abodaff@qnbfs.com.qa sahbi.alkasraoui@qnbfs.com.qa youssef.elboghdady@qnbfs.com.qa
QNB Financial Services
Contact Center: (+974) 4476 6666
PO Box 24025
Doha, Qatar
Disclaimer and Copyright Notice: This publication has been prepared by QNB Financial Services Co. W.L.L. (“QNBFS”) a wholly-owned subsidiary of Qatar National Bank (Q.P.S.C.) (“QNB”). QNBFS is
regulated by the Qatar Financial Markets Authority and the Qatar Exchange QNB SAQ is regulated by the Qatar Central Bank. This publication expresses the views and opinions of QNBFS at a given
time only. It is not an offer, promotion or recommendation to buy or sell securities or other investments, nor is it intended to constitute legal, tax, accounting, or financial advice. QNBFS accepts no
liability whatsoever for any direct or indirect losses arising from use of this report. Any investment decision should depend on the individual circumstances of the investor and be based on specifically
engaged investment advice. We therefore strongly advise potential investors to seek independent professional advice before making any investment decision. Although the information in this report
has been obtained from sources that QNBFS believes to be reliable, we have not independently verified such information and it may not be accurate or complete. QNBFS does not make any
representations or warranties as to the accuracy and completeness of the information it may contain, and declines any liability in that respect. For reports dealing with Technical Analysis, expressed
opinions and/or recommendations may be different or contrary to the opinions/recommendations of QNBFS Fundamental Research as a result of depending solely on the historical technical data (price
and volume). QNBFS reserves the right to amend the views and opinions expressed in this publication at any time. It may also express viewpoints or make investment decisions that differ significantly
from, or even contradict, the views and opinions included in this report. This report may not be reproduced in whole or in part without permission from QNBFS.