The Qatar Exchange Index lost 2.94% over the week to close at 9,580.77 points, as market capitalization decreased by 2.85% to QR522 billion. Of the 42 listed companies, 8 increased while 32 declined and 2 remained unchanged. Trading value decreased 17.39% to QR1.4 billion while trading volume fell 36.38% to 27.3 million shares. Foreign institutions were net sellers of QR103.7 million worth of equities. We remain positive on the long-term outlook for Qatari equities and recommend accumulating strong companies on dips.
The QSE Index in Qatar declined 0.3% due to losses in the consumer goods and industrials indices. Top losers were Qatar Islamic Insurance Co and Qatari Investors Group. Other GCC markets also declined, with Saudi Arabia down 1% and Dubai down 2%. Regional news included Qatar issuing QR15bn in bonds, Qatar Gas Transport postponing its EGM, and Qatar Airways unveiling a new cargo management system.
The QSE Index declined slightly over the week as several large companies like Industries Qatar and Ooredoo contributed losses. Trading value and volume increased compared to the previous week. Foreign investors remained net sellers while Qatari investors were net buyers. In company news, Ooredoo reported lower annual profits while Barwa Real Estate saw large profit growth. The Qatari government also signed agreements regarding new infrastructure projects.
The QSE Index gained 1.6% over the week to close at 12,092.25 points. Trading value decreased 37.6% to QR3.1 billion, while trading volume decreased 48.85% to 77.66 million shares. Industries Qatar, Masraf Al Rayan and QNB Group contributed most to index gains, while Ezdan Holding Group and Qatar Insurance contributed losses. Foreign institutions turned bearish with net selling of QR186.1 million, while Qatari institutions turned bullish with net buying of QR357.6 million.
The QE Index declined 0.6% to close at 10,679.1. Losses were led by the Consumer Goods & Services and Real Estate indices, falling 1.3% and 1.0%, respectively.
The Qatar Exchange Index gained slightly over the week but market capitalization decreased slightly. Trading value decreased slightly while trading volume increased over 31%. Regional indices also saw mostly small gains. Foreign investors were net buyers while Qatari investors were mixed. Qatar plans significant infrastructure spending while expat personal loans are growing faster than Qatari loans. QEWS reported lower than expected earnings while expanding business coverage. Ooredoo was downgraded by S&P.
The QE index in Qatar rose 1.4% led by gains in the telecom and industrial indices. Medicare Group and Dlala Brokerage rose the most, up 6.5% and 5.8% respectively, while Qatar General Insurance fell 5.7%. Regional indices were mixed with Saudi up 0.4% and Oman up 0.3% but Abu Dhabi down 0.4%. Qatar issued a new law raising the foreign ownership limit in listed companies to 49% from 25% to increase foreign investment liquidity in the $192 billion stock market.
The QSE Index in Qatar declined 0.3% due to losses in the consumer goods and industrials indices. Top losers were Qatar Islamic Insurance Co and Qatari Investors Group. Other GCC markets also declined, with Saudi Arabia down 1% and Dubai down 2%. Regional news included Qatar issuing QR15bn in bonds, Qatar Gas Transport postponing its EGM, and Qatar Airways unveiling a new cargo management system.
The QSE Index declined slightly over the week as several large companies like Industries Qatar and Ooredoo contributed losses. Trading value and volume increased compared to the previous week. Foreign investors remained net sellers while Qatari investors were net buyers. In company news, Ooredoo reported lower annual profits while Barwa Real Estate saw large profit growth. The Qatari government also signed agreements regarding new infrastructure projects.
The QSE Index gained 1.6% over the week to close at 12,092.25 points. Trading value decreased 37.6% to QR3.1 billion, while trading volume decreased 48.85% to 77.66 million shares. Industries Qatar, Masraf Al Rayan and QNB Group contributed most to index gains, while Ezdan Holding Group and Qatar Insurance contributed losses. Foreign institutions turned bearish with net selling of QR186.1 million, while Qatari institutions turned bullish with net buying of QR357.6 million.
The QE Index declined 0.6% to close at 10,679.1. Losses were led by the Consumer Goods & Services and Real Estate indices, falling 1.3% and 1.0%, respectively.
The Qatar Exchange Index gained slightly over the week but market capitalization decreased slightly. Trading value decreased slightly while trading volume increased over 31%. Regional indices also saw mostly small gains. Foreign investors were net buyers while Qatari investors were mixed. Qatar plans significant infrastructure spending while expat personal loans are growing faster than Qatari loans. QEWS reported lower than expected earnings while expanding business coverage. Ooredoo was downgraded by S&P.
The QE index in Qatar rose 1.4% led by gains in the telecom and industrial indices. Medicare Group and Dlala Brokerage rose the most, up 6.5% and 5.8% respectively, while Qatar General Insurance fell 5.7%. Regional indices were mixed with Saudi up 0.4% and Oman up 0.3% but Abu Dhabi down 0.4%. Qatar issued a new law raising the foreign ownership limit in listed companies to 49% from 25% to increase foreign investment liquidity in the $192 billion stock market.
The QSE Index declined 1.1% led by losses in the Telecom and Real Estate indices. Qatar Industrial Manufacturing Co. and Qatar Gas Transport Co. were the top losers, falling 6.3% and 5.6% respectively. Among gainers, Qatar General Insurance & Reins. Co. rose 4.9%. Trading volume fell 35.9% compared to the previous day. Fitch upgraded 7 Qatari banks' ratings due to changed support assessment.
QNBFS Daily Market Report September 24, 2018QNB Group
The QSE Index rose marginally to close at 9,768.9, led by gains in the Banks & Financial Services and Insurance indices. Top gainers were Al Khaleej Takaful Insurance Company and Doha Bank, while top losers were Dlala Brokerage & Investment Holding Company and Gulf Warehousing Company. Trading activity fell compared to the previous day, with Mesaieed Petrochemical Holding Company and Vodafone Qatar being the most active stocks. Regional indices were mixed with Saudi Arabia, Bahrain, and Abu Dhabi rising while Dubai, Kuwait, Oman declined.
The document provides an overview of market performance and commentary for various stock exchanges in Qatar and the GCC region. Specifically:
- The Qatari stock market (QSE Index) declined 0.9% led by losses in the telecom and real estate sectors. Gulf Warehousing and Zad Holding were the top losers while Qatar General Insurance and Qatar National Cement were among the top gainers.
- Other GCC markets also declined with Saudi Arabia down 0.3% and Abu Dhabi falling 0.8%. Losses were seen across various sectors like telecom, utilities and real estate.
- Trading activity on the Qatari market fell compared to the previous day and 30-day
The Qatar Stock Exchange Index lost 0.44% over the week. Trading value and volume increased significantly by 96.69% and 115.62% respectively. The Banks and Financial Services sector contributed most to trading value, while the Real Estate sector led trading volume. Foreign institutions remained bearish, while Qatari institutions turned bullish. Construction of Qatar's Al Khor Al Bayt 2022 FIFA World Cup stadium is set to begin in September 2015.
The QSE Index in Qatar declined 1.7% led by losses in the Banks & Financial Services and Industrials indices. Top losers were Qatar International Islamic Bank and Industries Qatar. The markets in other GCC countries were mixed with Saudi Arabia down 0.7% while Abu Dhabi was up 0.3%. News from Qatar included Gulf Warehousing Company planning to raise QR458 million through a rights issue and 10 Gulf banks applying for licenses to operate in Qatar.
The QE Index gained 1.88% over the week to close at 9,761.03 points. Trading value decreased 12.01% to QR1.27 billion, while volume increased 12.82% to 30.8 million shares. Foreign institutions turned bullish with net buying of QR42 million, while local institutions were net sellers of QR4.7 million. The document provides forecasts for key QE companies' third quarter 2013 earnings per share and notes most medium-sized banks will propose a combination of cash and stock dividends for fiscal year 2013.
The QE Index declined 0.1% to close at 9,935.5. Losses were led by the Banks & Financial Services and Transportation indices, falling 0.9% and 0.6%, respectively.
The QE index in Qatar rose 0.2% led by gains in the telecom and banking indices. Ooredoo and Masraf Al Rayan were the top gainers while Doha Insurance and Medicare Group declined. Regional indices were mixed with Saudi Arabia down slightly but Dubai and Abu Dhabi up. Earnings news included Etisalat reporting a 5.9% rise in net profit and CBQK's net profit rising 2.4% quarter-on-quarter. Fitch upgraded Alternatifbank's ratings following its acquisition by CBQK.
QNBFS Daily Market Report January 22, 2020QNB Group
The QE Index rose marginally to close at 10,694.4. Gains were led by the Real Estate and Banks & Financial Services indices, gaining 0.4% and 0.2%, respectively.
The Qatar Stock Exchange index decreased slightly over the week. Trading value and volume also declined. Several large companies were primary contributors to the weekly index decline. Foreign institutions turned to net buying after net selling the prior week, while Qatari institutions remained net buyers. Vodafone Qatar reported higher losses for the quarter and year, though losses narrowed from the previous year. The cost of living in Qatar fell slightly month-over-month in April.
The QE Index in Qatar declined slightly, led by losses in the transportation and real estate sectors. Volume traded was lower than the 30-day average. In other GCC markets, Saudi Arabia fell but Kuwait and Bahrain rose slightly. Economic data releases from the US, EU, and Italy were mixed. Qatar news included the QE announcing a review of its index methodology, raising of loan limits by the central bank, and several company announcements.
The QE index declined marginally to close at 10,434.1 led by losses in the Telecoms and Real Estate indices. Top losers were Zad Holding Co. and Vodafone Qatar, falling 4.3% and 4.2% respectively. Mannai Corp. rose 3.3% while Doha Bank gained 2.8%. Trading volume rose 35.0% compared to the previous day and was 26.2% higher than the 30-day moving average, with Vodafone Qatar and Masraf Al Rayan being the most active stocks. Regional indices were mixed with Dubai and Abu Dhabi rising while others fell.
The Qatar Exchange Index gained 3.10% during the trading week to close at 11,872.40 points. Trading value increased 49.53% to reach QR4.14 billion, while trading volume rose 26.48% to 89.1 million shares. Regional indices were mixed, with Qatar, Dubai, Bahrain and Saudi Arabia gaining while Kuwait, Oman and Abu Dhabi fell. Mesaieed Petrochemical Holding Company will debut on the Qatar Exchange on February 26th, increasing the number of listed companies to 43. Al Meera Consumer Goods reported a 170.8% rise in 4Q2013 net profit.
The QE index in Qatar declined 1.6% led by losses in the Industrials and Telecoms indices. Qatar Cinema & Film Dist. Co. and Qatar German Co. for Med. Dev. were the top losers, falling 7.4% and 4.7% respectively. Regional indices also declined, with Dubai down 2.5%, Abu Dhabi falling 3.0% and Saudi Arabia declining 0.4%. Global economic data was mixed, with US vehicle sales beating estimates but factory orders declining more than expected.
The document provides an overview of stock market activity and company news from Qatar and other GCC countries. Key points:
- The Qatar stock market index rose 0.2% led by gains in the telecom and industrial sectors. Top gainers were Qatar German Co. for Med. Dev. and Islamic Holding Group.
- Regional markets were mixed with Dubai and Abu Dhabi rising while Saudi Arabia, Kuwait, and Oman fell.
- Company earnings news included QNB Group reporting a 15.1% rise in 1H2013 net profit and its plans to commence operations in India in 3Q2013.
- MSCI Qatar Index announced provisional weights for some Qatari companies
The QSE Index declined 1.1% led by losses in the Telecom and Real Estate indices. Qatar Industrial Manufacturing Co. and Qatar Gas Transport Co. were the top losers, falling 6.3% and 5.6% respectively. Among gainers, Qatar General Insurance & Reins. Co. rose 4.9%. Trading volume fell 35.9% compared to the previous day. Fitch upgraded 7 Qatari banks' ratings due to changed support assessment.
QNBFS Daily Market Report September 24, 2018QNB Group
The QSE Index rose marginally to close at 9,768.9, led by gains in the Banks & Financial Services and Insurance indices. Top gainers were Al Khaleej Takaful Insurance Company and Doha Bank, while top losers were Dlala Brokerage & Investment Holding Company and Gulf Warehousing Company. Trading activity fell compared to the previous day, with Mesaieed Petrochemical Holding Company and Vodafone Qatar being the most active stocks. Regional indices were mixed with Saudi Arabia, Bahrain, and Abu Dhabi rising while Dubai, Kuwait, Oman declined.
The document provides an overview of market performance and commentary for various stock exchanges in Qatar and the GCC region. Specifically:
- The Qatari stock market (QSE Index) declined 0.9% led by losses in the telecom and real estate sectors. Gulf Warehousing and Zad Holding were the top losers while Qatar General Insurance and Qatar National Cement were among the top gainers.
- Other GCC markets also declined with Saudi Arabia down 0.3% and Abu Dhabi falling 0.8%. Losses were seen across various sectors like telecom, utilities and real estate.
- Trading activity on the Qatari market fell compared to the previous day and 30-day
The Qatar Stock Exchange Index lost 0.44% over the week. Trading value and volume increased significantly by 96.69% and 115.62% respectively. The Banks and Financial Services sector contributed most to trading value, while the Real Estate sector led trading volume. Foreign institutions remained bearish, while Qatari institutions turned bullish. Construction of Qatar's Al Khor Al Bayt 2022 FIFA World Cup stadium is set to begin in September 2015.
The QSE Index in Qatar declined 1.7% led by losses in the Banks & Financial Services and Industrials indices. Top losers were Qatar International Islamic Bank and Industries Qatar. The markets in other GCC countries were mixed with Saudi Arabia down 0.7% while Abu Dhabi was up 0.3%. News from Qatar included Gulf Warehousing Company planning to raise QR458 million through a rights issue and 10 Gulf banks applying for licenses to operate in Qatar.
The QE Index gained 1.88% over the week to close at 9,761.03 points. Trading value decreased 12.01% to QR1.27 billion, while volume increased 12.82% to 30.8 million shares. Foreign institutions turned bullish with net buying of QR42 million, while local institutions were net sellers of QR4.7 million. The document provides forecasts for key QE companies' third quarter 2013 earnings per share and notes most medium-sized banks will propose a combination of cash and stock dividends for fiscal year 2013.
The QE Index declined 0.1% to close at 9,935.5. Losses were led by the Banks & Financial Services and Transportation indices, falling 0.9% and 0.6%, respectively.
The QE index in Qatar rose 0.2% led by gains in the telecom and banking indices. Ooredoo and Masraf Al Rayan were the top gainers while Doha Insurance and Medicare Group declined. Regional indices were mixed with Saudi Arabia down slightly but Dubai and Abu Dhabi up. Earnings news included Etisalat reporting a 5.9% rise in net profit and CBQK's net profit rising 2.4% quarter-on-quarter. Fitch upgraded Alternatifbank's ratings following its acquisition by CBQK.
QNBFS Daily Market Report January 22, 2020QNB Group
The QE Index rose marginally to close at 10,694.4. Gains were led by the Real Estate and Banks & Financial Services indices, gaining 0.4% and 0.2%, respectively.
The Qatar Stock Exchange index decreased slightly over the week. Trading value and volume also declined. Several large companies were primary contributors to the weekly index decline. Foreign institutions turned to net buying after net selling the prior week, while Qatari institutions remained net buyers. Vodafone Qatar reported higher losses for the quarter and year, though losses narrowed from the previous year. The cost of living in Qatar fell slightly month-over-month in April.
The QE Index in Qatar declined slightly, led by losses in the transportation and real estate sectors. Volume traded was lower than the 30-day average. In other GCC markets, Saudi Arabia fell but Kuwait and Bahrain rose slightly. Economic data releases from the US, EU, and Italy were mixed. Qatar news included the QE announcing a review of its index methodology, raising of loan limits by the central bank, and several company announcements.
The QE index declined marginally to close at 10,434.1 led by losses in the Telecoms and Real Estate indices. Top losers were Zad Holding Co. and Vodafone Qatar, falling 4.3% and 4.2% respectively. Mannai Corp. rose 3.3% while Doha Bank gained 2.8%. Trading volume rose 35.0% compared to the previous day and was 26.2% higher than the 30-day moving average, with Vodafone Qatar and Masraf Al Rayan being the most active stocks. Regional indices were mixed with Dubai and Abu Dhabi rising while others fell.
The Qatar Exchange Index gained 3.10% during the trading week to close at 11,872.40 points. Trading value increased 49.53% to reach QR4.14 billion, while trading volume rose 26.48% to 89.1 million shares. Regional indices were mixed, with Qatar, Dubai, Bahrain and Saudi Arabia gaining while Kuwait, Oman and Abu Dhabi fell. Mesaieed Petrochemical Holding Company will debut on the Qatar Exchange on February 26th, increasing the number of listed companies to 43. Al Meera Consumer Goods reported a 170.8% rise in 4Q2013 net profit.
The QE index in Qatar declined 1.6% led by losses in the Industrials and Telecoms indices. Qatar Cinema & Film Dist. Co. and Qatar German Co. for Med. Dev. were the top losers, falling 7.4% and 4.7% respectively. Regional indices also declined, with Dubai down 2.5%, Abu Dhabi falling 3.0% and Saudi Arabia declining 0.4%. Global economic data was mixed, with US vehicle sales beating estimates but factory orders declining more than expected.
The document provides an overview of stock market activity and company news from Qatar and other GCC countries. Key points:
- The Qatar stock market index rose 0.2% led by gains in the telecom and industrial sectors. Top gainers were Qatar German Co. for Med. Dev. and Islamic Holding Group.
- Regional markets were mixed with Dubai and Abu Dhabi rising while Saudi Arabia, Kuwait, and Oman fell.
- Company earnings news included QNB Group reporting a 15.1% rise in 1H2013 net profit and its plans to commence operations in India in 3Q2013.
- MSCI Qatar Index announced provisional weights for some Qatari companies
The Qatar Exchange Index lost 4.85% over the week to close at 9,619.04 points as market capitalization decreased by 4.36% to QR526.5 billion. Regional markets also declined between 1.2-6.6% due to concerns over regional tensions and the potential tapering of US quantitative easing. Trading value increased 29.86% to QR2.4 billion while volume rose 16.38% to 56.2 million shares. Foreign institutions remained net sellers while local institutions were net buyers.
The QE index in Qatar rose 0.5% led by gains in the banking and consumer goods sectors. Medicare Group and Masraf Al Rayan were the top gainers rising over 2% each. The Dubai and Abu Dhabi markets declined over 1% and 0.6% respectively due to losses in real estate and financial stocks. Globally, US wholesale inventories and sales rose less than expected in June while French and German industrial production declined in the same month.
The QE index in Qatar rose 0.3% led by gains in the telecom and insurance indices. Dlala Brok. & Inv. Holding Co. and Ooredoo were the top gainers, while Islamic Holding Group and Al Meera Consumer Goods Co. declined. Volume traded was lower than the 30-day average. In other GCC markets, Saudi Arabia and Abu Dhabi rose while Kuwait fell. Global economic data showed higher than expected US consumer credit and small business optimism, while UK industrial production was flat.
The QE index in Qatar rose 0.6% led by gains in the Transportation and Banking & Financial Services indices. QNB Group and Qatar Navigation were the top gainers rising over 2% each, while Qatar Industrial Manufacturing fell 3.7%. Regional indices in Saudi Arabia, Dubai, Abu Dhabi, Kuwait and Oman also rose between 1-2.5%. In company news, QGTS' joint venture received $662 million in refinancing to expand its LNG fleet, and Ashghal awarded a contract to oversee road projects in Qatar.
The QE index in Qatar rose 0.4% led by gains in the transportation and telecom sectors. Qatar Electricity & Water Co. and Qatar Gas Transport Co. were the top gainers, while Al Ahli Bank fell 3.2%. Most other GCC markets fell except for Saudi Arabia and Oman. Earnings were reported from Dubai Refreshments Co., and global economic data was mixed with US factory orders beating estimates but economic optimism declining. In company news, Qatar established a new economic council and various Qatar companies set dates to disclose earnings. The US Fed adopted new Basel III rules to regulate banks while the BoE plans new bank capital rules.
Real GDP growth in Qatar reached 6.2% in Q1 2013, in line with QNB Economics' forecast. Higher oil and gas production boosted exports and the current account surplus, while lower investment outflows narrowed the financial account deficit. CPI inflation stabilized at 3.5% despite rising rents as non-rent inflation slowed. The new Emir reshuffled ministries and cabinet positions. Efforts are underway to increase foreign ownership limits in listed Qatari companies. Qatar and the UAE were upgraded to emerging market status by MSCI.
The QSE Index in Qatar declined 0.5% led by declines in the Real Estate and Telecom indices. Ezdan Holding Group and Gulf Warehousing Co. were the top losers. Indices in other Gulf markets were mixed with Saudi Arabia and Kuwait declining slightly while Abu Dhabi and Oman rose. Trading activity on the QSE fell compared to the previous day but was higher than the 30-day average.
The QE index rose 0.5% to close at 10,436.5 led by gains in the real estate and telecom indices. Barwa Real Estate Co. and Qatar General Ins. & Rein. Co. were the top gainers rising 3.3% and 3.1% respectively, while Qatar German Co. for Med. Dev. fell 1.8% and Qatar Navigation declined 1.5%. Trading volume on the Qatar Exchange declined 37.2% compared to the previous day. Regionally, indices in Dubai, Abu Dhabi and Saudi Arabia rose between 0.9-1.4% while Kuwait and Bahrain indices gained around 0.1-0.2%.
QNBFS Daily Market Report December 5, 2018QNB Group
The QSE Index rose 1.4% led by gains in the Real Estate and Banks & Financial Services indices. Masraf Al Rayan and Doha Bank were the top gainers rising 5.2% and 4.5% respectively, while Qatar Oman Investment Company fell 2.5%. Regional markets were mixed with Abu Dhabi rising 2.7% and Saudi Arabia falling 0.1%. Globally, UK construction PMI rose to 53.4 in November and Eurozone PPI rose 0.8% month-on-month and 4.9% year-on-year in October.
The QE index rose 0.1% as the Telecoms and Transportation indices gained. Vodafone Qatar and Mazaya Qatar Real Estate Dev. were the top gainers, while Qatar Cinema & Film Dist. Co. and Qatari Investors Group declined the most. Trading volume increased by 21.6% compared to the previous day and was 111.9% higher than the 30-day average, with Vodafone Qatar and Mazaya Qatar contributing over half the volume. Several Qatar-related news were also mentioned, including a new public finance law, capital increase approvals for merged entities, and corporate updates.
2 June 2013: The QE index gained marginally to close at 9,239.2. Gains were led by the Transportation and Telecoms indices, gaining 3.6% and 1.8% respectively. Top gainers were Qatar Navigation and Qatar Gas Transport Co., rising 4.7% and 3.6% respectively. Among the top losers, Islamic Holding Group fell 2.6%, while QNB Group declined 2.5%
- The Qatar Stock Exchange (QSE) Index declined 0.88% over the week, with trading value and volume decreasing as well. The biggest decliners were Gulf International Services, Ezdan Holding Group, and Qatar Islamic Bank.
- Foreign and Qatari retail investors were net buyers during the week, while Qatari and foreign institutions were net sellers.
- Several companies reported financial results, with Nakilat and United Development Company reporting profits in line with estimates. Qatar's banking sector loan book declined slightly in January while deposits also decreased.
QNBFS Daily Market Report December 06, 2021QNB Group
The QE Index declined 0.1% to close at 11,586.7. Losses were led by the Consumer Goods & Services and Banks & Financial Services indices, falling 0.8% and 0.4%, respectively.
The QE index in Qatar rose 0.8% led by gains in the insurance and banking indices. Mazaya Qatar Real Estate and Islamic Holding Group were the top gainers rising over 4% each, while Qatar Islamic Insurance fell 2.2%. Trading activity increased significantly with the value traded up 84.1% and volume up 65.6%. In other GCC markets, indices were mixed with Saudi down 0.6% but Dubai up 0.1%. Regionally, real estate deals in Qatar jumped over 345% despite the summer lull. Eversendai from Malaysia also won a $35.7 million contract to renovate Khalifa Stadium in Qatar.
The Qatar Exchange Index gained 2.04% over the week to close at 9,479.80 points, as market capitalization rose by 1.74% to QR520 billion. Trading value and volume increased significantly by 65.21% and 37.69% respectively. MSCI upgraded Qatar and the UAE to emerging market status, which is expected to result in $450-650 million of foreign investments flowing into the Qatari market. Foreign institutions turned to net buying while Qatari individuals remained net sellers during the week.
The QSE Index lost 0.58% over the week to close at 12,443.49 points. Trading value increased 16.27% to QR3.16 billion due to increased activity in the Real Estate sector. ERES was the top traded stock by value and volume. Foreign institutions remained net buyers while Qatari investors were net sellers.
The Qatari stock market declined slightly over the week. Trading value increased slightly while volume decreased. Foreign institutions remained bearish through net selling, while Qatari institutions and retail investors remained bullish through net buying. The biggest decliners for the week were Ezdan Holding Group, Commercial Bank of Qatar, and Industries Qatar. Several companies set dates to disclose upcoming quarterly financial results. Qatar also amended rules regarding classification of GCC citizens invested in Qatari equities.
The QE index in Qatar declined 1.2% led by losses in the real estate and telecom indices. Vodafone Qatar and Salam International Investment Co. were the top losers falling 10% and 6.4% respectively. Trading volume rose by 6.9% but remained below the 30-day average. News articles discussed foreign direct investment increasing in Qatar's industrial sector to QR129 billion, the launch of a new airport lounge access program for QNB First credit card holders, and expectations for continued growth in Qatar's retail real estate sector.
QNBFS Daily Market Report November 22, 2018QNB Group
The document summarizes daily market activity in Qatar, other GCC countries, and global economic data. On the Qatari market, the QSE index rose 0.2% as gains in banks and real estate led the rise. Top gainers were QNB Group and Qatar Electricity & Water Company. The Cabinet approved Qatar's draft budget for 2019 focused on infrastructure, private sector growth, and food security. In other GCC markets, Saudi and Kuwait indices rose while Abu Dhabi fell. US jobless claims were slightly higher than estimates.
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 Technical Trader Qatar - October 10, 2023 التحليل الفني اليومي لب...QNB Group
The document provides a daily technical analysis of the QE Index and QATAR INSURANCE CO stock. For the QE Index, it notes the index remains in a downtrend but is approaching a support level of 9,700, where long positions could be taken. It provides expected resistance and support levels. For QATAR INSURANCE CO stock, it notes the stock has not fallen as much as others and the uptrend remains intact above moving averages, though liquidity is low. It provides expected price targets and resistance/support levels for the stock. Definitions of technical analysis terms like candlesticks, support, and simple moving average are also included.
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 in Qatar rose 0.3% led by gains in the Transportation and Industrials indices. Qatar Navigation and Al Khaleej Takaful Insurance were the top gainers.
- Regional markets were mixed with Saudi Arabia down 1% but Abu Dhabi up marginally. Economic data from the US and Europe was mixed.
- In Qatar news, QR500mn in bills were sold at a yield of 5.755% and Gulf International Services approved final merger agreements. Ooredoo also signed an MoU to support businesses in Qatar free zones.
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.
OJP data from firms like Vicinity Jobs have emerged as a complement to traditional sources of labour demand data, such as the Job Vacancy and Wages Survey (JVWS). Ibrahim Abuallail, PhD Candidate, University of Ottawa, presented research relating to bias in OJPs and a proposed approach to effectively adjust OJP data to complement existing official data (such as from the JVWS) and improve the measurement of labour demand.
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
Fabular Frames and the Four Ratio ProblemMajid Iqbal
Digital, interactive art showing the struggle of a society in providing for its present population while also saving planetary resources for future generations. Spread across several frames, the art is actually the rendering of real and speculative data. The stereographic projections change shape in response to prompts and provocations. Visitors interact with the model through speculative statements about how to increase savings across communities, regions, ecosystems and environments. Their fabulations combined with random noise, i.e. factors beyond control, have a dramatic effect on the societal transition. Things get better. Things get worse. The aim is to give visitors a new grasp and feel of the ongoing struggles in democracies around the world.
Stunning art in the small multiples format brings out the spatiotemporal nature of societal transitions, against backdrop issues such as energy, housing, waste, farmland and forest. In each frame we see hopeful and frightful interplays between spending and saving. Problems emerge when one of the two parts of the existential anaglyph rapidly shrinks like Arctic ice, as factors cross thresholds. Ecological wealth and intergenerational equity areFour at stake. Not enough spending could mean economic stress, social unrest and political conflict. Not enough saving and there will be climate breakdown and ‘bankruptcy’. So where does speculative design start and the gambling and betting end? Behind each fabular frame is a four ratio problem. Each ratio reflects the level of sacrifice and self-restraint a society is willing to accept, against promises of prosperity and freedom. Some values seem to stabilise a frame while others cause collapse. Get the ratios right and we can have it all. Get them wrong and things get more desperate.
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...sameer shah
Delve into the world of STREETONOMICS, where a team of 7 enthusiasts embarks on a journey to understand unorganized markets. By engaging with a coffee street vendor and crafting questionnaires, this project uncovers valuable insights into consumer behavior and market dynamics in informal settings."
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2. Elemental Economics - Mineral demand.pdfNeal Brewster
After this second you should be able to: Explain the main determinants of demand for any mineral product, and their relative importance; recognise and explain how demand for any product is likely to change with economic activity; recognise and explain the roles of technology and relative prices in influencing demand; be able to explain the differences between the rates of growth of demand for different products.
Vicinity Jobs’ data includes more than three million 2023 OJPs and thousands of skills. Most skills appear in less than 0.02% of job postings, so most postings rely on a small subset of commonly used terms, like teamwork.
Laura Adkins-Hackett, Economist, LMIC, and Sukriti Trehan, Data Scientist, LMIC, presented their research exploring trends in the skills listed in OJPs to develop a deeper understanding of in-demand skills. This research project uses pointwise mutual information and other methods to extract more information about common skills from the relationships between skills, occupations and regions.
In a tight labour market, job-seekers gain bargaining power and leverage it into greater job quality—at least, that’s the conventional wisdom.
Michael, LMIC Economist, presented findings that reveal a weakened relationship between labour market tightness and job quality indicators following the pandemic. Labour market tightness coincided with growth in real wages for only a portion of workers: those in low-wage jobs requiring little education. Several factors—including labour market composition, worker and employer behaviour, and labour market practices—have contributed to the absence of worker benefits. These will be investigated further in future work.
Economic Risk Factor Update: June 2024 [SlideShare]Commonwealth
May’s reports showed signs of continued economic growth, said Sam Millette, director, fixed income, in his latest Economic Risk Factor Update.
For more market updates, subscribe to The Independent Market Observer at https://blog.commonwealth.com/independent-market-observer.
Abhay Bhutada, the Managing Director of Poonawalla Fincorp Limited, is an accomplished leader with over 15 years of experience in commercial and retail lending. A Qualified Chartered Accountant, he has been pivotal in leveraging technology to enhance financial services. Starting his career at Bank of India, he later founded TAB Capital Limited and co-founded Poonawalla Finance Private Limited, emphasizing digital lending. Under his leadership, Poonawalla Fincorp achieved a 'AAA' credit rating, integrating acquisitions and emphasizing corporate governance. Actively involved in industry forums and CSR initiatives, Abhay has been recognized with awards like "Young Entrepreneur of India 2017" and "40 under 40 Most Influential Leader for 2020-21." Personally, he values mindfulness, enjoys gardening, yoga, and sees every day as an opportunity for growth and improvement.
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Weekly market report
1. Page 1 of 5
Market Review and Outlook QE Index and Volume
The Qatar Exchange (QE) Index lost 290.13 points, or 2.94%,
during the week, to close at 9,580.77 points. Market capitalization
decreased by 2.85% to reach QR522.0 billion (bn) as compared to
QR537.4bn at the end of the previous week. Of the 42 listed
companies, 8 companies ended the week higher while 32 fell and 2
remained unchanged. Qatar German Co. for Medical Devices (QGMD)
was the best performing stock with a gain of 1.57%; the stock is up
8.80% year-to-date (YTD). United Development Co. (UDCD) was the
worst performing stock with a decline of 4.50%; the stock is still up
19.10% YTD.
The Qatari market underperformed other regional indices during
the week. While most regional markets did receive a boost from the
US Fed‟s decision to delay its tapering program, the QE Index came
under some pressure. Announcement of the upcoming IPO arrested
market momentum.
We remain positive on the Qatari equity market in the long term
and recommend investors accumulate fundamentally strong
equities on dips. We realize that Qatari stocks remain exposed to
exogenous events and the market has also experienced a net outflow
of foreign portfolio investment to the tune of approximately QR360
million (mn) in the last few weeks (YTD foreign portfolio investment
peaked at QR2.7bn as recorded on August 05, 2013 versus QR2.3bn
as of September 26, 2013). However, we believe the following
catalysts will provide a boost to the stock market in the medium term.
These include: 1) the upcoming earnings season and anticipation of
cash dividends from blue-chip companies; 2) Qatar‟s inclusion in the
MSCI Emerging Markets Index in the middle of 2014 and 3) relative
catch-up with the QE Index lagging other major regional indices
despite offering compelling dividend yields and attractive valuation.
Trading value during the week decreased by 17.39% to reach
QR1.4bn vs. QR1.8bn in the prior week. The Industrials sector led
the trading value during the week, accounting for 40.75% of the total
equity trading value.
Trading volume decreased by 36.38% to reach 27.3 million (mn)
shares vs. 43.0mn shares in the prior week. The number of
transactions fell by 23.89% to reach 15,672 transactions versus
20,590 transactions in the prior week. The Banks and Financial
Services sector led the trading volume, accounting for 27.7% of the
total.
Foreign institutions turned bearish for the week with net selling of
QR103.7.1mn versus net buying QR57.1mn the prior week. Non-
Qatari individuals were net buyers of QR55.6mn versus net selling
QR29.6mn in the prior week. Finally, local institutions were net buyers
of QR67.5mn versus QR18.6mn the week before.
Market Indicators
Week ended
Sep 26, 2013
Week ended
Sep 19, 2013
Chg. %
Value Traded (QR mn) 1,447.8 1,752.5 (17.4)
Exch. Market Cap. (QR mn) 522,044.3 537,350.8 (2.8)
Volume (mn) 27.3 43.0 (36.4)
Number of Transactions 15,672 20,590 (23.9)
Companies Traded 41 41 0.0
Market Breadth 8:32 37:4 –
Market Indices Close WTD% MTD% YTD%
Total Return 13,688.73 (2.9) (0.4) 21.0
All Share Index 2,412.97 (2.7) (0.5) 19.8
Banks/Financial Svcs. 2,338.75 (3.0) (0.4) 20.0
Industrials 3,030.66 (2.5) (1.7) 15.4
Transportation 1,769.83 (3.2) 0.5 32.0
Real Estate 1,730.74 (3.7) 0.8 7.4
Insurance 2,244.15 (0.4) 0.4 14.3
Telecoms 1,440.86 (3.4) 0.3 35.3
Consumer 5,895.98 (0.4) 0.4 26.2
Al Rayan Islamic Index 2,741.65 (2.5) (0.2) 10.2
Market Indices
Weekly Index Performance
Regional Indices Close WTD% MTD% YTD%
Weekly Exchange
Traded Value ($ mn)
Exchange Mkt.
Cap. ($ mn)
TTM P/E** P/B** Dividend Yield
Qatar (QE)* 9,580.77 (2.9) (0.4) 14.6 397.38 143,405.6 12.0 1.7 4.8
Dubai 2,736.89 2.7 8.5 68.7 1,566.03 67,335.97 15.9 1.1 3.3
Abu Dhabi 3,838.81 0.7 2.8 45.9 678.46 110,246.8 10.9 1.4 4.7
Saudi Arabia 7,981.07 (0.5) 2.7 17.4 3,753.81 423,811.0#
16.7 2.1 3.7
Kuwait 7,783.32 (0.8) 2.0 31.2 968.53 111,537.3 18.8 1.3 3.5
Oman 6,660.36 0.9 (0.5) 15.6 65.14 23,306.7 11.0 1.6 3.9
Bahrain 1,197.23 (0.2) 0.8 12.4 6.09 21,898.2 8.4 0.9 4.0
Source: Bloomberg, country exchanges and Zawya (** Trailing Twelve Months; * Value traded ($ mn) do not include special trades, if any) (
#
Data as of September 25, 2013)
9,785.90
9,797.88
9,697.49
9,596.34
9,580.77
0
3,500,000
7,000,000
9,450
9,650
9,850
22-Sep 23-Sep 24-Sep 25-Sep 26-Sep
Volume QE Index
2.7%
0.9% 0.7%
(0.2%) (0.5%) (0.8%)
(2.9%)(4.0%)
(2.0%)
0.0%
2.0%
4.0%
Dubai
Oman
AbuDhabi
Bahrain
SaudiArabia
Kuwait
Qatar
2. Page 2 of 5
News
Economic News
Qatar banks well prepared to deal with Basel III norms –
Ratings agency S&P said Qatar‟s banking sector will not have
any major capitalization issues to deal with when the new Basel
III capital norms are introduced. Last month, the Qatar Central
Bank sent a draft circular on new Basel III capital rules to all
Qatari banks. Building on the Basel I and Basel II norms, the
Basel III norms seek to improve the sector‟s ability to deal with
financial and economic stress, risk management as well as
strengthen banking transparency. (Gulf-Times.com)
Market & Corporate News
Qatar put on watch for upgrade to emerging-market status
at FTSE – According to a report published by FTSE, Qatar‟s
stocks may be promoted to secondary-emerging market status
at global index compiler from frontier ranking. Qatar may be
upgraded based on improvements in the settlement processes.
FTSE said further improvements are required in increasing
foreign ownership limits and improving broad market liquidity to
meet secondary emerging eligibility requirements in full.
Moreover, Kuwait is put on watch list for potential inclusion as
secondary-emerging market and Morocco on watch list for
possible demotion from secondary-emerging market status to
frontier due to continued decline in broad market liquidity below
the level sufficient to support sizable global investment. FTSE
has ranked Egypt, UAE as secondary-emerging markets and
Bahrain, Jordan, Oman, Tunisia as frontier markets.
(Bloomberg)
QP appoints QNB Group, Deutsche Bank to arrange
QR3.2bn IPO for its unit – Qatar Petroleum (QP) has
appointed QNB Group and Deutsche Bank to help arrange for
an IPO of shares in one of its units. The issue could be worth
around QR3.2bn ($880mn). Mesaieed Petrochemical Holding
Company may issue its IPO on the Qatar stock exchange within
2013, subject to necessary approvals. QNB Group has been
appointed to manage this offer, while Deutsche Bank will act as
a financial adviser. The sale of shares will be restricted to
Qatari nationals, although foreign investors will be allowed to
buy a certain percentage of the firm once it has been listed.
(Reuters, Gulf-Times.com)
QNB Group and UDCD sign 10-year loan agreement – The
United Development Company (UDCD) has signed a 10-year
loan facility agreement worth QR1.5bn with QNB Group. The
loan facility has been granted for the purpose of financing
UDCD‟s purchase of the remaining residential units at Qanat
Quartier in the Pearl-Qatar Island. (AME Info)
New senior management for QFC Regulatory Tribunal –
The Rt Hon Sir David Keene has been appointed as the
Chairman of the Qatar Financial Center‟s (QFC) Regulatory
Tribunal. Meanwhile, Justice Frances Kirkham CBE, will head
“Q-Construct,” a specialist fast-track construction dispute
resolution scheme. Christopher Grout has been promoted from
Acting Registrar to Registrar, who will perform a legal, judicial
and managerial role for the Qatar International Court & Dispute
Resolution Centre (QICDRC). (Peninsula Qatar)
QE listed insurers’ assets totaled QR15.9bn in 2012 –
According to a report by the Qatar Central Bank (QCB), five
national insurance companies listed on the Qatar Exchange
(QE) held assets worth QR15.9bn in 2012, equivalent to
roughly 2.3% of the country‟s GDP. These five national
insurance companies are: Al Khaleej Takaful, Doha Insurance,
Qatar Islamic Insurance, Qatar General Insurance and Qatar
Insurance. The total gross premium earned by these five
underwriters in 2012 amounted to QR3.92bn, accounting for
roughly 0.6% of last year‟s GDP. A QCB analysis of their
balance sheets indicated that their total assets grew by 6.7%
during 2012 as compared to 3.6% in 2011. Moreover, these five
insurance companies maintained their profit levels, as their net
profit increased by 2.9% in 2012 as compared to 2.7% in 2011.
(Gulf-Times.com)
Barwa Village shop rents likely to go up – Barwa Real
Estate Company (BRES) has hinted a possible hike in the
rentals of shops in Barwa Village. Barwa‟s leasing subsidiary,
Waseef‟s CEO Abdullah Jabara Al Rumaihi said the rents of
commercial spaces in Barwa Village are much lower compared
to the current market rates. (Peninsula Qatar)
VFQS appoints new Strategy Director, Head of fixed
Services – Vodafone Qatar (VFQS) has appointed Dalia
Ahmed Al Khalaf as its new Strategy Director. Al-Khalaf‟s first
priority is to focus on the long-term strategy for VFQS in Qatar.
She has an extensive experience of 13 years working in various
companies in Qatar including Enterprise Qatar, QInvest, Al
Khaliji Bank, Maersk Oil and the International Projects
Development Company etc. Further, VFQS has appointed
Simone Eliantonio as the new Head of Fixed Services, as the
company ramps up its entry into Qatari fixed services market.
Eliantonio will join VFQS from Vodafone Group Technology
Networks, where he was working as the Principal Manager for
Fixed Mobile Convergence Service Delivery. (QE)
Credit Suisse, Qatar venture to target derivatives, equities
– Aventicum Capital Management, the JV of Credit Suisse
Group and Qatar Holding, is planning to target assets such as
equities and derivatives in its second investment fund to be
launched by the end of 2013. Aventicum‟s CEO Hashem
Montasser said the company will invest its second fund in the
same region as well as Turkey and other frontier markets. He
also said that the venture is hoping to have $250-300mn worth
of assets under management by December 2013. (Gulf-
Times.com)
QA signs frequent flyer deal with American Airlines – Qatar
Airways (QA) has entered into a reciprocal frequent flyer
program agreement with American Airlines (AA). Under this
agreement, the members of American Airlines‟ AAdvantage
Program and QA‟s Privilege Club members can earn and
redeem miles on any flights operated by these airlines.
(Bloomberg)
Qatar Foundation appoints new President, CEO – Qatar
Foundation for Education, Science & Community
Development‟s Chairman HH Sheikha Moza bint Nasser
announced the appointment of Saad al-Muhannadi as its new
President and Rashid al-Naimi as the CEO of Qatar Foundation
Investments. (Gulf-Times.com)
ABQK to disclose its 3Q2013 results on October 13 – Ahli
Bank (ABQK) will disclose its 3Q2013 financial results for the
period ending September 30, 2013 on October 13, 2013. (QE)
NLCS to disclose its 3Q2013 results on October 9 – Alijarah
Holding (NLCS) will disclose its 3Q2013 financial results for the
period ending September 30, 2013 on October 9, 2013. (QE)
Nakilat to disclose its 3Q2013 results on October 6 – Nakilat
(QGTS) will disclose the financial results for 3Q2013 on
October 6, 2013. (QE)
Doha Bank to disclose its 3Q2013 financial results on
October 21 – Doha Bank (DHBK) will disclose its 3Q2013
financial results on October 21, 2013. (QE)
3. Page 3 of 5
Qatar Exchange
Top 5 Gainers Top 5 Decliners
Source: Qatar Exchange (QE) Source: Qatar Exchange (QE)
Most Active Shares by Value (QR Million) Most Active Shares by Volume (Million)
Source: Qatar Exchange (QE) Source: Qatar Exchange (QE)
Investor Trading Percentage to Total Value Traded Net Traded Value by Nationality (QR Million)
Source: Qatar Exchange (QE) Source: Qatar Exchange (QE)
1.6%
1.4%
1.2%
1.0%
0.8%
0.0%
1.0%
2.0%
3.0%
Qatar German
Co. for Medical
Devices
Gulf
International
Services
Mannai Corp. Qatar Meat
and Livestock
Qatar General
Insurance &
Reinsurance
-4.5% -4.4%
-4.1% -4.0%
-3.7%
-6.0%
-4.0%
-2.0%
0.0%
United
Development
QNB Group Qatar Gas
Transport
(Nakilat)
Industries
Qatar
Ooredoo
464.7
107.6 101.9 93.7 92.9
0.0
200.0
400.0
600.0
Industries
Qatar
QNB Group Medicare
Group
Masraf Al
Rayan
United
Development
4.3
3.2 3.1
2.0
1.7
0.0
2.0
4.0
6.0
United
Development
Masraf Al
Rayan
Industries
Qatar
Medicare
Group
Qatar Gas
Transport
(Nakilat)
0%
20%
40%
60%
80%
100%
Buy Sell
33.73% 35.06%
22.48% 17.82%
14.12%
10.28%
29.67%
36.83%
Qatari Individuals Qatari Institutions
Non-Qatari Individuals Non-Qatari Institutions
814
634
766
682
48
(48)
(200) - 200 400 600 800 1,000
Qatari
Non-Qatari
Net Investment Total Sold Total Bought
4. Page 4 of 5
TECHNICAL ANALYSIS OF THE QE INDEX
Source: Bloomberg
The QE Index failed to make any further headway above the 9,900.0 mark last week and retreated by around 291 points erasing the consecutive gains
witnessed in the past two weeks, thus dashing the hopes of reaching the psychological 10,000.0 level. The bears proved to be too strong for the bulls as the
index witnessed sustained selling pressure throughout the week except on Monday. The index penetrated below few important psychological levels
(9,800.0, 9,700.0 and 9,600.0) and both the 21-day and 55-day moving averages last week and showed no reversal signs. On the downside, the important
level now for the traders to watch out is the band near 9532.0-9500.0, which is a psychological as well as a technical support area. A breakdown below this
level may have bearish implications, which may result in bears taking full command over the bulls and pull the index to test 9,400.0. Any sustained
weakness below this level may prompt the index to test 9,300.0. On the flip side, the index needs to move upward and reclaim the 9,600.0 psychological
level and both the moving averages in the coming week, in order to keep its upward hopes alive. Meanwhile, both momentum indicators are giving bearish
signals, thus suggesting a further downside. Thus, traders may keep a low profile but must also keep a close watch on the 9,600.0 level and the moving
averages for any reversal signs.
DEFINITIONS OF KEY TERMS USED IN TECHNICAL ANALYSIS
RSI (Relative Strength Index) indicator – RSI is a momentum oscillator that measures the speed and change of price movements. The RSI oscillates
between 0 to 100. The index is deemed to be overbought once the RSI approaches the 70 level, indicating that a correction is likely. On the other hand, if
the RSI approaches 30, it is an indication that the index may be getting oversold and therefore likely to bounce back.
MACD (Moving Average Convergence Divergence) indicator – The indicator consists of the MACD line and a signal line. The divergence or the
convergence of the MACD line with the signal line indicates the strength in the momentum during the uptrend or downtrend, as the case may be. When the
MACD crosses the signal line from below and trades above it, it gives a positive indication. The reverse is the situation for a bearish trend.
Candlestick chart – A candlestick chart is a price chart that displays the high, low, open, and close for a security. The „body‟ of the chart is portion between
the open and close price, while the high and low intraday movements form the „shadow‟. The candlestick may represent any time frame. We use a one-day
candlestick chart (every candlestick represents one trading day) in our analysis.
Doji candlestick pattern – A Doji candlestick is formed when a security's open and close are practically equal. The pattern indicates indecisiveness, and
based on preceding price actions and future confirmation, may indicate a bullish or bearish trend reversal.
Shooting Star/Inverted Hammer candlestick patterns – These candlestick patterns have a small real body (open price and close price are near to each
other), and a long upper shadow (large intraday movement on the upside). The Shooting Star is a bearish reversal pattern that forms after a rally. The
Inverted Hammer looks exactly like a Shooting Star, but forms after a downtrend. Inverted Hammers represent a potential bullish trend reversal.
5. Contacts
Saugata Sarkar Ahmed M. Shehada Keith Whitney Sahbi Kasraoui
Head of Research Head of Trading Head of Sales Manager - HNWI
Tel: (+974) 4476 6534 Tel: (+974) 4476 6535 Tel: (+974) 4476 6533 Tel: (+974) 4476 6544
saugata.sarkar@qnbfs.com.qa ahmed.shehada@qnbfs.com.qa keith.whitney@qnbfs.com.qa sahbi.alkasraoui@qnbfs.com.qa
QNB Financial Services SPC
Contact Center: (+974) 4476 6666
PO Box 24025, Doha, Qatar
DISCLAIMER: This publication has been prepared by QNB Financial Services SPC (“QNBFS”) a wholly-owned subsidiary of Qatar National Bank (“QNB”). QNBFS is regulated by the Qatar
Financial Markets Authority and the Qatar Exchange; QNB 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. 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. While this publication has been prepared with the utmost degree of care by our analysts,
QNBFS does not make any representations warranties as to the accuracy and completeness of the information it may contain, and declines any liability in that respect. 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.
COPYRIGHT: No part of this document may be reproduced without the explicit written permission of QNBFS.
Page 5 of 5
Source: Bloomberg
Company Name
Price
(Sep 26)
% Change 5-
Day
% Change
Monthly
Market Cap.
QR Million TTM P/E P/B Div. Yield
Qatar National Bank 166.90 (4.41) (0.36) 116,785 13.0 2.4 3.6
Qatar Islamic Bank 68.40 (0.87) (2.01) 16,162 14.3 1.4 5.5
Commercial Bank of Qatar 68.30 (1.44) (0.15) 16,901 8.4 1.2 8.8
Doha Bank 53.90 (1.10) 0.37 13,926 9.3 1.6 7.7
Al Ahli Bank 54.00 0.00 (1.82) 6,862 13.3 2.1 5.5
Qatar International Islamic Bank 55.60 (2.28) 0.18 8,416 11.9 1.7 6.3
Masraf Al Rayan 28.70 (3.37) (0.69) 21,525 13.5 2.2 3.5
Al Khaliji Bank 18.50 (1.86) 0.05 6,660 12.3 1.3 5.4
National Leasing 34.35 (0.58) 0.44 1,700 10.0 1.3 5.8
Dlala Holding 21.50 (1.47) 11.63 477 N/A 2.2 N/A
Qatar & Oman Investment 12.80 (1.69) 2.81 403 21.0 1.3 3.9
Islamic Holding Group 41.40 0.49 6.70 166 26.4 3.2 2.7
Banking and Financial Services 209,983
Zad Holding 65.00 (0.31) 3.17 850 7.7 0.7 6.2
Qatar German Co. for Medical Devices 15.49 1.57 7.57 179 N/A 0.9 N/A
Salam International Investment 12.08 (0.17) (3.21) 1,381 22.9 0.9 5.8
Medicare Group 48.30 (3.40) 0.73 1,359 22.9 1.8 3.7
Qatar Cinema & Film Distribution 50.00 0.00 1.83 285 30.3 2.1 4.0
Qatar Fuel 284.50 (0.18) 0.57 18,484 16.2 3.3 3.5
Qatar Meat and Livestock 52.30 0.97 (0.76) 941 14.3 4.1 7.7
Al Meera Consumer Goods 131.90 (1.49) 0.30 2,638 17.3 2.1 6.1
Consumer Goods and Services 26,118
Qatar Industrial Manufacturing 50.20 0.40 4.37 1,988 11.7 1.5 6.0
Qatar National Cement 101.30 (0.78) (0.88) 4,974 11.4 2.1 5.9
Industries Qatar 147.50 (3.97) (3.91) 89,238 9.9 2.9 5.2
Qatari Investors Group 29.00 (2.36) 3.39 3,605 18.1 1.8 2.6
Qatar Electricity and Water 156.50 (2.19) (0.95) 15,650 10.9 3.0 4.7
Mannai Corp. 84.50 1.20 0.60 3,855 8.9 1.7 5.6
Aamal 14.40 (1.03) (1.37) 8,640 13.5 1.3 N/A
Gulf International Services 51.20 1.39 6.67 7,612 13.6 2.8 2.9
Industrials 135,562
Qatar Insurance 60.00 (0.83) 0.00 7,706 9.3 1.6 3.4
Doha Insurance 25.70 (0.96) (1.15) 662 12.0 1.3 3.5
Qatar General Insurance & Reinsurance 52.70 0.76 2.73 3,038 3.6 0.9 1.7
Al Khaleej Takaful Insurance 39.75 (0.63) (1.85) 679 14.3 1.2 2.1
Qatar Islamic Insurance 57.20 0.35 (0.35) 858 14.5 3.3 6.1
Insurance 12,942
United Development 21.20 (4.50) (0.93) 7,149 9.4 0.7 4.7
Barwa Real Estate 24.98 (3.37) 1.96 9,720 16.2 0.8 6.0
Ezdan Real Estate 17.11 (1.67) (1.89) 45,384 N/M 1.6 0.8
Mazaya Qatar Real Estate Development 11.55 (1.28) 1.94 1,155 17.3 1.1 5.2
Real Estate 63,409
Qatar Telecom 139.50 (3.73) 0.36 44,685 13.3 1.8 3.6
Vodafone Qatar 9.00 (1.42) (0.22) 7,609 N/A 1.3 N/A
Telecoms 52,293
Qatar Navigation (Milaha) 79.80 (2.09) 2.31 9,139 9.4 0.8 4.7
Gulf Warehousing 40.00 (3.50) 0.63 1,902 19.7 2.5 N/A
Qatar Gas Transport (Nakilat) 19.10 (4.07) (0.98) 10,696 14.2 3.3 5.2
Transportation 21,738
Qatar Exchange 522,044