The Qatar Exchange Index gained 2.89% over the trading week to close at 11,515.50 points. Trading value and volume increased by 20.25% and 25.69% respectively. Masraf Al Rayan was the best performing stock, gaining 10.18%, while Qatari Investors Group declined the most, falling 15.64%. Commercial Bank of Qatar reported a net profit of QR300mn for 4Q2013, down 33% year-over-year due to higher provisions and expenses. Qatari Investors Group, Qatar Fuel Company, and Qatar General Insurance & Reinsurance Company all reported increased annual profits for 2013.
This document provides a weekly market review and outlook for the Qatar stock exchange for the week ending October 31, 2013. It summarizes that the QE Index gained 1.92% over the week to close at 9,837.49 points. Trading value decreased by 3.33% while volume increased by 2.06%. Several major Qatari companies reported quarterly earnings, with some like CBQK and QEWS reporting profits down quarter-over-quarter. Regional markets were mixed for the week. The document also provides other market statistics and highlights of corporate news announcements.
The Qatar Exchange Index gained 2.14% over the trading week to close at 11,106.13 points. Trading value increased 6.29% to reach QR3.1 billion, while trading volume increased 3.5% to 64.1 million shares. Industries Qatar and Masraf Al Rayan were the top contributors to the index's weekly gain. QNB Group reported a 13.7% yearly increase in net profit to QR9.5 billion for 2013. The Qatar Central Bank reported that consumer price inflation fell to 2.7% yearly in December, with the slowest increase in housing and rent costs since February 2013. The Qatar Exchange has seen the strongest stock market recovery among Arab exchanges since 2009.
The Qatar Exchange index gained 1.52% over the week to close at 9,694.70 points. Trading value and volume increased over the week by 38.79% and 19.01% respectively. Several companies reported mixed second quarter results, with some like Gulf Warehousing Co. and Milaha exceeding expectations, while others like Doha Bank and Commercial Bank of Qatar fell short of estimates. Foreign investors remained net buyers for the week.
The Qatar Exchange Index gained 2.25% over the week to close at 10,109.50 points. Trading value and volume increased substantially compared to the prior week. Al Khalij Commercial Bank was the best performing stock, up 11.79% for the week. Emerging markets remain under pressure from the potential tapering of US quantitative easing programs, which could slow global growth. Regional markets have fared better than emerging markets in recent weeks.
- The Qatar Exchange Index gained 4.05% over the week to close at 13,465.69 points, with market capitalization increasing 3.9% to QR726.5 billion. Trading value increased 2.2% to QR2.89 billion while trading volume rose 12.1% to 60.1 million shares.
- Industries Qatar, QNB Group, and Gulf International Services were the top contributors to the weekly index gain. Foreign institutions turned to net buying while Qatari institutions engaged in net selling.
- Real estate prices in Qatar reached an all-time high in September according to the Qatar Central Bank, with the price index surging 42.1% year-over-year. Several
The Qatari stock market increased slightly over the week, with the QSE Index rising 0.58%. Trading value and volume decreased compared to the previous week. Several of the top performing stocks such as QNB Group and Qatar Electricity & Water contributed positively to the index's gains. Meanwhile, Industries Qatar and Vodafone Qatar contributed negatively. Corporate news highlights included better than expected earnings results from Commercial Bank and Qatar Electricity & Water, while Doha Bank's profits increased significantly quarter-over-quarter due to lower provisions.
This document provides a weekly market review and outlook for the Qatar stock exchange for the week ending October 31, 2013. It summarizes that the QE Index gained 1.92% over the week to close at 9,837.49 points. Trading value decreased by 3.33% while volume increased by 2.06%. Several major Qatari companies reported quarterly earnings, with some like CBQK and QEWS reporting profits down quarter-over-quarter. Regional markets were mixed for the week. The document also provides other market statistics and highlights of corporate news announcements.
The Qatar Exchange Index gained 2.14% over the trading week to close at 11,106.13 points. Trading value increased 6.29% to reach QR3.1 billion, while trading volume increased 3.5% to 64.1 million shares. Industries Qatar and Masraf Al Rayan were the top contributors to the index's weekly gain. QNB Group reported a 13.7% yearly increase in net profit to QR9.5 billion for 2013. The Qatar Central Bank reported that consumer price inflation fell to 2.7% yearly in December, with the slowest increase in housing and rent costs since February 2013. The Qatar Exchange has seen the strongest stock market recovery among Arab exchanges since 2009.
The Qatar Exchange index gained 1.52% over the week to close at 9,694.70 points. Trading value and volume increased over the week by 38.79% and 19.01% respectively. Several companies reported mixed second quarter results, with some like Gulf Warehousing Co. and Milaha exceeding expectations, while others like Doha Bank and Commercial Bank of Qatar fell short of estimates. Foreign investors remained net buyers for the week.
The Qatar Exchange Index gained 2.25% over the week to close at 10,109.50 points. Trading value and volume increased substantially compared to the prior week. Al Khalij Commercial Bank was the best performing stock, up 11.79% for the week. Emerging markets remain under pressure from the potential tapering of US quantitative easing programs, which could slow global growth. Regional markets have fared better than emerging markets in recent weeks.
- The Qatar Exchange Index gained 4.05% over the week to close at 13,465.69 points, with market capitalization increasing 3.9% to QR726.5 billion. Trading value increased 2.2% to QR2.89 billion while trading volume rose 12.1% to 60.1 million shares.
- Industries Qatar, QNB Group, and Gulf International Services were the top contributors to the weekly index gain. Foreign institutions turned to net buying while Qatari institutions engaged in net selling.
- Real estate prices in Qatar reached an all-time high in September according to the Qatar Central Bank, with the price index surging 42.1% year-over-year. Several
The Qatari stock market increased slightly over the week, with the QSE Index rising 0.58%. Trading value and volume decreased compared to the previous week. Several of the top performing stocks such as QNB Group and Qatar Electricity & Water contributed positively to the index's gains. Meanwhile, Industries Qatar and Vodafone Qatar contributed negatively. Corporate news highlights included better than expected earnings results from Commercial Bank and Qatar Electricity & Water, while Doha Bank's profits increased significantly quarter-over-quarter due to lower provisions.
The Qatar Exchange Index gained 2.83% over the week to close at 13,284.65 points. Trading value and volume increased 35.9% and 20.8% respectively. Three Qatari banks, Doha Bank, Qatar Islamic Bank, and Qatar Insurance Co. reported solid earnings results, with net profits growing between 0.8-16.2% compared to prior periods. Foreign investors remained net buyers during the week, while Qatari investors were net sellers.
The Qatar Exchange Index declined 3.37% over the week, with market capitalization decreasing by 2.51%. Trading value and volume both decreased compared to the previous week. Masraf Al Rayan and Qatar Islamic Bank were the biggest contributors to the weekly index decline. Foreign institutions continued net buying during the week, while Qatari and foreign retail investors were mixed. Nakilat took over operations of the first LNG vessel as it moves toward becoming the owner and operator of the fleet.
The QE Index gained 0.57% over the week to close at 9,298.75 points, while market capitalization rose 0.61% to QR512.2 billion. Trading value decreased 29.22% to QR1,290.7 million as volume fell 41.77% to 28.3 million shares. Islamic Holding Group was the best performer, up 12.83%, while Qatar Cinema & Film Distribution declined the most at 8.80%. Regional markets were mixed, with Qatar outperforming declines in Dubai and Abu Dhabi. Foreign investors remained net sellers of QR100 million for the week.
QNBFS Weekly Market Report April 19, 2018QNB Group
- The Qatar Stock Exchange Index increased 3.12% over the week to close at 9,196.62, with market capitalization up 4.1% to QR514 billion.
- QNB Group, Barwa Real Estate Co., and Qatar Islamic Bank were the top contributors to index gains, while Industries Qatar subtracted from the index.
- Foreign institutions remained net buyers at QR192.1 million, while Qatari institutions remained net sellers at QR156.3 million.
QNBFS Weekly Market Report October 15, 2020QNB Group
The QSE Index decreased slightly over the week. Trading volume and value declined as well. QNB Group, Qatar Islamic Bank, and Industries Qatar were the largest drags on the index. The market outlook remains subdued given economic challenges from the pandemic. QNB Group reported lower profits compared to last year, driven by higher loan loss provisions, while maintaining strong capital and liquidity ratios. Qatar Islamic Bank's profits were flat year-over-year with growth in operating revenues offsetting higher provisions. Masraf Al Rayan's profits grew slightly despite lower revenues, with strong asset quality and efficiency.
- The Qatar Exchange index declined 1.61% during the week to close at 11,155.73 points. Trading value increased 0.8% while volume decreased 12% and number of transactions fell 5.6%.
- Masraf Al Rayan reported a 5.2% quarter-on-quarter increase in net income to QR452mn and increased its dividend to QR1.50 per share. Qatar International Islamic Bank's net profit reached QR750mn for 2013.
- Al Khalij Commercial Bank's net profit rose 41.8% quarter-on-quarter to QR152.7mn in Q4 2013 and it declared a 10% cash dividend. Vodafone Qatar's revenue was in
QNBFS Weekly Market Report January 5, 2016QNB Group
The Qatar Stock Exchange Index gained 2.69% over the week to close at 10,717.34 points. Trading value increased 16.4% to QR1.1 billion, while trading volume decreased 4.5% to 39.2 million shares. Ezdan Holding, Masraf Al Rayan and Qatar Insurance Co. were the top contributors to the weekly index gain, while Commercial Bank of Qatar deducted points. Foreign institutions remained net buyers during the week at QR175.7 million.
- The QSE Index lost 1.76% over the week to close at 11,879.56 points as market capitalization decreased by 2%. Trading value and volume also declined significantly week-over-week.
- QNBK, IQCD, and QEWS were the largest drags on the index, while BRES and ERES contributed positively. Foreign investors remained bearish last week while Qatari investors were bullish.
- The Qatari economy is expected to remain robust driven by government spending on infrastructure projects despite lower oil prices. GDP growth is forecast to be around 6.5% over the next two years.
QNBFS Weekly Market Report October 1, 2020QNB Group
The Qatar Stock Exchange Index increased 2.22% over the week to close at 10,005.90. Trading value decreased 31.7% to QR2.8 billion, while trading volume fell 31.6% to 1,436.5 million shares. Qatar Islamic Bank, QNB Group, and Qatar Insurance Co. were the top contributors to index gains. Dlala Brokerage was the best performing stock with a 22.9% gain, while Ooredoo declined the most at 6%.
- The QE Index fell 0.73% for the week to close at 9,652.35 points. Trading value increased 41.56% to QR1.50bn while volume rose 35.18%.
- IQCD reported weaker than expected 3Q2013 results with net income down 12% QoQ and 32% YoY. DHBK's 3Q2013 net profit also missed estimates.
- QIBK's 3Q2013 results were in line with estimates. Net profit rose 1.8% QoQ driven by higher net financing income.
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.
Qatar Islamic
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The GCC markets were mixed during the week with Dubai's index surging 2.3% WoW. The QE Index gained 0.69% to close at 10,283. Trading value on the QE increased 37.45% WoW to QR2.6bn driven by the real estate sector. Foreign institutions remained net buyers while Qatari institutions were net sellers
The First Nations Technology Council is seeking computer and technical trainers to work on the First Nations’ Technology Council’s Project Raven which provides technical skill development opportunities to Aboriginal adults.
The Qatar Exchange Index gained slightly during the week but trading volume declined. Two stocks, Masraf Al Rayan and Vodafone Qatar, were the biggest contributors to the index's gain. Regional markets were mixed, with Abu Dhabi's index the top performer. Market indicators showed foreign institutions turned to net buying while Qatari institutions sold shares.
The Qatar Exchange Index gained 2.83% over the week to close at 13,284.65 points. Trading value and volume increased 35.9% and 20.8% respectively. Three Qatari banks, Doha Bank, Qatar Islamic Bank, and Qatar Insurance Co. reported solid earnings results, with net profits growing between 0.8-16.2% compared to prior periods. Foreign investors remained net buyers during the week, while Qatari investors were net sellers.
The Qatar Exchange Index declined 3.37% over the week, with market capitalization decreasing by 2.51%. Trading value and volume both decreased compared to the previous week. Masraf Al Rayan and Qatar Islamic Bank were the biggest contributors to the weekly index decline. Foreign institutions continued net buying during the week, while Qatari and foreign retail investors were mixed. Nakilat took over operations of the first LNG vessel as it moves toward becoming the owner and operator of the fleet.
The QE Index gained 0.57% over the week to close at 9,298.75 points, while market capitalization rose 0.61% to QR512.2 billion. Trading value decreased 29.22% to QR1,290.7 million as volume fell 41.77% to 28.3 million shares. Islamic Holding Group was the best performer, up 12.83%, while Qatar Cinema & Film Distribution declined the most at 8.80%. Regional markets were mixed, with Qatar outperforming declines in Dubai and Abu Dhabi. Foreign investors remained net sellers of QR100 million for the week.
QNBFS Weekly Market Report April 19, 2018QNB Group
- The Qatar Stock Exchange Index increased 3.12% over the week to close at 9,196.62, with market capitalization up 4.1% to QR514 billion.
- QNB Group, Barwa Real Estate Co., and Qatar Islamic Bank were the top contributors to index gains, while Industries Qatar subtracted from the index.
- Foreign institutions remained net buyers at QR192.1 million, while Qatari institutions remained net sellers at QR156.3 million.
QNBFS Weekly Market Report October 15, 2020QNB Group
The QSE Index decreased slightly over the week. Trading volume and value declined as well. QNB Group, Qatar Islamic Bank, and Industries Qatar were the largest drags on the index. The market outlook remains subdued given economic challenges from the pandemic. QNB Group reported lower profits compared to last year, driven by higher loan loss provisions, while maintaining strong capital and liquidity ratios. Qatar Islamic Bank's profits were flat year-over-year with growth in operating revenues offsetting higher provisions. Masraf Al Rayan's profits grew slightly despite lower revenues, with strong asset quality and efficiency.
- The Qatar Exchange index declined 1.61% during the week to close at 11,155.73 points. Trading value increased 0.8% while volume decreased 12% and number of transactions fell 5.6%.
- Masraf Al Rayan reported a 5.2% quarter-on-quarter increase in net income to QR452mn and increased its dividend to QR1.50 per share. Qatar International Islamic Bank's net profit reached QR750mn for 2013.
- Al Khalij Commercial Bank's net profit rose 41.8% quarter-on-quarter to QR152.7mn in Q4 2013 and it declared a 10% cash dividend. Vodafone Qatar's revenue was in
QNBFS Weekly Market Report January 5, 2016QNB Group
The Qatar Stock Exchange Index gained 2.69% over the week to close at 10,717.34 points. Trading value increased 16.4% to QR1.1 billion, while trading volume decreased 4.5% to 39.2 million shares. Ezdan Holding, Masraf Al Rayan and Qatar Insurance Co. were the top contributors to the weekly index gain, while Commercial Bank of Qatar deducted points. Foreign institutions remained net buyers during the week at QR175.7 million.
- The QSE Index lost 1.76% over the week to close at 11,879.56 points as market capitalization decreased by 2%. Trading value and volume also declined significantly week-over-week.
- QNBK, IQCD, and QEWS were the largest drags on the index, while BRES and ERES contributed positively. Foreign investors remained bearish last week while Qatari investors were bullish.
- The Qatari economy is expected to remain robust driven by government spending on infrastructure projects despite lower oil prices. GDP growth is forecast to be around 6.5% over the next two years.
QNBFS Weekly Market Report October 1, 2020QNB Group
The Qatar Stock Exchange Index increased 2.22% over the week to close at 10,005.90. Trading value decreased 31.7% to QR2.8 billion, while trading volume fell 31.6% to 1,436.5 million shares. Qatar Islamic Bank, QNB Group, and Qatar Insurance Co. were the top contributors to index gains. Dlala Brokerage was the best performing stock with a 22.9% gain, while Ooredoo declined the most at 6%.
- The QE Index fell 0.73% for the week to close at 9,652.35 points. Trading value increased 41.56% to QR1.50bn while volume rose 35.18%.
- IQCD reported weaker than expected 3Q2013 results with net income down 12% QoQ and 32% YoY. DHBK's 3Q2013 net profit also missed estimates.
- QIBK's 3Q2013 results were in line with estimates. Net profit rose 1.8% QoQ driven by higher net financing income.
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.
Qatar Islamic
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The GCC markets were mixed during the week with Dubai's index surging 2.3% WoW. The QE Index gained 0.69% to close at 10,283. Trading value on the QE increased 37.45% WoW to QR2.6bn driven by the real estate sector. Foreign institutions remained net buyers while Qatari institutions were net sellers
The First Nations Technology Council is seeking computer and technical trainers to work on the First Nations’ Technology Council’s Project Raven which provides technical skill development opportunities to Aboriginal adults.
The Qatar Exchange Index gained slightly during the week but trading volume declined. Two stocks, Masraf Al Rayan and Vodafone Qatar, were the biggest contributors to the index's gain. Regional markets were mixed, with Abu Dhabi's index the top performer. Market indicators showed foreign institutions turned to net buying while Qatari institutions sold shares.
The document discusses advocacy efforts for Medicaid expansion in South Carolina, including messaging around the importance of expanded access to care and treatment for people living with HIV, ongoing discussions in the state around essential health benefits and benchmark plans, and next steps advocates can take like meeting with stakeholders, elected officials, and participating in coalitions and sign-on letters.
The document provides team and individual sales results and information for Avon Representatives from Team NOVA. It summarizes sales figures from Campaign 15 and 16, including total sales, top sales representatives, and order participation rates. It also provides information about achieving President's Club status, including required sales amounts, benefits, and a tracking table of representatives closest to reaching the goal. The document aims to motivate representatives to increase their sales.
Información sobre vertederos y recursos naturales en polonia.Javier Bernal
Natural resources in Poland include coal, petroleum, natural gas, iron, copper, zinc, tin, salt, sulfur and silver. Coal and natural gas deposits are primarily located in southern and central Poland, as shown on the map. Gdansk contains both legal and illegal landfill sites, with illegal dumping occurring in forests and suburbs. Recycling efforts are important for sustainable resource management and environmental protection, as exploiting natural resources without replenishment will negatively impact the planet.
The document discusses challenges of antimicrobial resistance (AMR) globally and calls for coordinated international action. It summarizes findings from WHO's 2014 global report on AMR surveillance, which showed high resistance proportions affecting treatment outcomes and costs in all regions. The document advocates developing a WHO global action plan on AMR to be submitted to the 2015 World Health Assembly, highlighting priorities like surveillance capacity building in different WHO regions. It also describes current AMR monitoring and response efforts in Europe.
The document summarizes key challenges in health policy and systems in Europe and Turkmenistan. It discusses Health 2020 goals of improving health and reducing inequities. While premature mortality is decreasing, more can be done to reduce risk factors like smoking. Health inequities between countries have decreased but differences remain large. Turkmenistan has made progress but faces challenges like high out-of-pocket costs. Universal health coverage and primary care strengthening are priorities. Developing Turkmenistan's national health policy provides an opportunity to address challenges through multisectoral collaboration.
Presentation delivered by Dr Zsuzsanna Jakab, Regional Director WHO Europe, at the international health forum (Ashgabat, Turkmenistan, 21-22 July 2015)
Juan Sebastián Elcano was a Spanish navigator and explorer who completed the first circumnavigation of the Earth (1519-1522). He took part in Ferdinand Magellan's expedition, becoming leader of the expedition after Magellan's death in the Philippines in 1521. Elcano led the expedition's sole remaining ship, Victoria, and its crew of 18 men back to Spain, completing the first circumnavigation. Unfortunately, Elcano later died of scurvy during another Spanish expedition to colonize the Moluccas islands in 1536. He was honored by the Spanish king and military for his accomplishments.
The Qatar Exchange Index gained 1.45% over the week to close at a new 52-week high. Trading value and volume decreased over the week. The banking sector contributed most to index gains, with Masraf Al Rayan and QNB Group being the top positive contributors. Non-Qatari individuals were net buyers while local institutions were net sellers.
The Qatar Exchange Index gained 2.09% over the week to close at 11,338.41 points. Trading value decreased 25% to QR2.3 billion while volume fell 24.4% to 48.4 million shares. Ooredoo and QNB Group were the biggest contributors to the index's weekly gain. Foreign investors were net buyers of QR400.4 million while Qatari investors were net sellers. Doha Bank and Qatar Islamic Bank reported 2013 results in line with or exceeding expectations.
The Qatar Exchange Index lost 2.5% over the week. Trading value decreased 5.1% to QR3.4 billion while volume fell 6.1% to 78.1 million shares. Company earnings results were mixed, with Commercial Bank of Qatar reporting an 8.3% decline in profits due to higher provisions, while Masraf Al Rayan saw profits rise 9% from higher financing income and fees. Vodafone Qatar also posted a narrower loss. Foreign investors remained net buyers during the week.
The Qatar Exchange Index gained 3.22% over the week to close at 12,954.93 points. Trading value increased 34.84% to QR7.34 billion, while volume rose 26.22% to 212.8 million shares. Four banks reported their first quarter 2014 results, with Doha Bank posting a net profit increase of 69.5% and Masraf Al Rayan reporting an 8% rise. However, Al Khalij Commercial Bank's profit declined by 28.5% and 16.9% quarter-over-quarter and year-over-year respectively due to lower investment income. Foreign institutions remained net buyers for the week.
The QE Index gained 1.38% over the week to close at 9,549.87 points, as trading value and volume increased. Of the companies reported this week, Qatar Islamic Bank's net profit of QR338.9 million was broadly in line with estimates, while Nakilat and Qatar International Islamic Bank's results were slightly below forecasts. S&P reports noted Qatar's strong net external creditor position but also highlighted real estate exposure as a risk for its banking sector.
The Qatar Exchange Index declined 0.85% over the trading week to close at 11,771.83 points. Market capitalization increased by 9.55% to QR683.5 billion due to the listing of Mesaieed Petrochemical Holding Company. Trading value decreased by 10.47% to QR3.71 billion for the week, while trading volume declined 20.14% to 71.2 million shares. Foreign and Qatari institutions remained net buyers during the week, while foreign and Qatari retail investors were net sellers.
- The QE Index lost 0.38% over the week to close at 9,723.52 points, while market capitalization decreased slightly.
- Quarterly earnings reports from major companies like QNB Group, Nakilat, Qatari Investors Group, and Qatar Fuel were mixed.
- Trading value and volume both decreased from the prior week, while the number of transactions also fell. Foreign institutions remained net buyers during the week.
The Qatar Exchange Index gained 4.39% over the week to close at 12,919.63 points. Trading value decreased 21% to QR2.7bn while volume fell 19.7% to 68.8mn shares. QNB Group reported a 7% YoY rise in 1H2014 net profit to QR5.1bn, driven by a 6% increase in net interest income. Ahli Bank's 2Q2014 net profit was flat QoQ but grew 12% YoY. GISS announced a QR1.6bn contract extension for four onshore rigs through 2Q2019, raising its price target to QR129 per share.
The QE Index gained 1.24% over the week to close at 12,550.98 points. Market capitalization increased by 2.73% to QR728.6 billion. Three companies reported their Q1 2014 results: QIBK posted a net profit of QR335.4 million, down 6.9% QoQ; ABQK reported a net profit of QR150.8 million, surging 34.5% QoQ; and GWCS reported a net profit of QR28.9 million, up 7.7% QoQ. Foreign institutions remained net buyers while Qatari and foreign retail investors remained net sellers.
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 Qatari stock market gained over the week, with the QSE Index closing 1.72% higher. Trading values and volumes decreased compared to the previous week. QNB Group, Industries Qatar, and Gulf International Services contributed most to index gains, while Qatar Electricity & Water Company negatively contributed. Foreign institutions turned to net buying during the week after net selling previously.
The QE Index gained 1.55% over the week to close at 13,076.33 points, with market capitalization increasing 0.77% to QR695.6 billion. Trading volume increased 656.1% to 85.1 million shares, while value traded rose 611.9% to QR3.4 billion. Mazaya Qatar was the top performing stock with a 19.78% gain, while Industries Qatar fell 2.19%. Qatar Islamic Bank, Qatari Investors Group and Nakilat were the biggest index contributors. Foreign institutions remained net buyers during the week at QR143.1 million.
The Qatar Exchange Index gained 3.45% over the trading week to close at 12,397.21 points. Trading value increased 59.28% to QR6.31 billion due to a 88.77% rise in trading volume to 176.6 million shares. QNB Group reported a 13.7% rise in first quarter net profit to QR2.4 billion, driven by a 25.7% increase in net interest income. Foreign institutions remained net buyers during the week with net purchases of QR264.9 million.
- The QSE Index lost 0.13% over the week to close at 11,770.25, with market capitalization decreasing slightly. Trading value and volume also decreased from the prior week.
- The Banks and Financial Services sector contributed the most to trading value and volume, while Masraf Al Rayan, Barwa Real Estate, and Vodafone Qatar were the biggest detractors from the weekly index loss.
- Foreign institutions turned bullish with net buying during the week, while Qatari and foreign retail investors turned bearish with net selling.
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 Qatari stock market declined slightly over the week. Trading value and volume both decreased compared to the previous week. The Banks & Financial Services sector accounted for the largest portion of total trading value, while the Telecom Services sector led in trading volume. Foreign institutional investors remained net buyers during the week, while Qatari institutions and retail investors remained net sellers.
The Qatar Stock Exchange Index gained slightly over the week. Trading value and volume decreased compared to the previous week. The real estate sector contributed the most to trading value and volume. Foreign institutions turned to net buying during the week after net selling the previous week. The report also provides details on index performance, company news, and economic news including forecasts for moderating real estate growth and inflation in Qatar.
The QE Index declined 4.05% over the trading week to close at 12,453.76 points. Trading value decreased 22.08% to QR3.2 billion, while volume fell 33.29% to 66.7 million shares. Ooredoo was the worst performing stock, declining 11.80%, while Qatar Cinema & Film Distribution saw the largest gain of 21.52%. Foreign institutions were net sellers of QR132.6 million for the week.
The Qatar Exchange Index declined 1.4% during the week. Trading value decreased 3.1% while volume increased 2.2%. Ooredoo reported a 51.2% rise in Q4 profit but full year profit fell 12.5% due to higher foreign exchange losses. Mannai's profit rose 11.4% in 2013 and it recommended a QR5.50 dividend. Regional indices were mixed with Saudi up 1.6% and Kuwait down 2.4%.
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.
Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...AntoniaOwensDetwiler
"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.
"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.
Seminar: Gender Board Diversity through Ownership NetworksGRAPE
Seminar on gender diversity spillovers through ownership networks at FAME|GRAPE. Presenting novel research. Studies in economics and management using econometrics methods.
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.
The Rise of Generative AI in Finance: Reshaping the Industry with Synthetic DataChampak Jhagmag
In this presentation, we will explore the rise of generative AI in finance and its potential to reshape the industry. We will discuss how generative AI can be used to develop new products, combat fraud, and revolutionize risk management. Finally, we will address some of the ethical considerations and challenges associated with this powerful technology.
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.
1. Elemental Economics - Introduction to mining.pdfNeal Brewster
After this first you should: Understand the nature of mining; have an awareness of the industry’s boundaries, corporate structure and size; appreciation the complex motivations and objectives of the industries’ various participants; know how mineral reserves are defined and estimated, and how they evolve over time.
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
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.
Abhay Bhutada Leads Poonawalla Fincorp To Record Low NPA And Unprecedented Gr...Vighnesh Shashtri
Under the leadership of Abhay Bhutada, Poonawalla Fincorp has achieved record-low Non-Performing Assets (NPA) and witnessed unprecedented growth. Bhutada's strategic vision and effective management have significantly enhanced the company's financial health, showcasing a robust performance in the financial sector. This achievement underscores the company's resilience and ability to thrive in a competitive market, setting a new benchmark for operational excellence in the industry.
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."
1. Market Review and Outlook
QE Index and Volume
The Qatar Exchange (QE) Index gained 323.29 points, or 2.89%,
during the trading week, to close at 11,515.50 points. Market
capitalization increased by 2.73% to reach QR603.0 billion (bn) as
compared to QR586.9bn at the end of the previous week. Of the 42
listed companies, 24 companies ended the week higher while 15 fell
and 3 remained unchanged. Masraf Al Rayan (MARK) was the best
performing stock with a gain of 10.18% on 9.2 million (mn) shares
traded. On the other hand, Qatari Investors Group (QIGD) was the
worst performing stock with a decline of 15.64% on 1.5mn shares
traded.
11,550
11,452.97
11,375
12,500,000
11,361.62
11,305.87
QE Closed on
February 11, 2014
11,200
0
9-Feb
10-Feb
11-Feb
Volume
Week ended
Feb 06, 2014
2,302.7
602,979.9
586,934.5
2.7
56.1
31.4
26,351
22,641
16.4
42
42
0.0
24:15
24:15
–
Exch. Market Cap. (QR mn)
Volume (mn)
Number of Transactions
Companies Traded
Regional Indices
Qatar (QE)*
Dubai
Abu Dhabi
Saudi Arabia
Kuwait
Oman
Bahrain
Close
11,515.50
4,098.67
4,892.41
8,929.60
7,842.62
7,173.24
1,317.94
WTD%
MTD%
YTD%
2.9
4.3
3.6
1.3
0.1
0.9
1.1
3.2
8.7
4.7
1.9
1.1
1.2
1.8
10.9
21.6
14.0
4.6
3.9
5.0
5.5
Market Indices
Close
Total Return
16,547.0
All Share Index
2,863.6
Banks/Financial Svcs.
2,813.8
Industrials
3,719.9
Transportation
1,994.8
Real Estate
1,986.59
Insurance
2,734.1
Telecoms
1,588.7
Consumer
6,497.0
Al Rayan Islamic Index
3,291.9
Market Indices
Weekly Index Performance
WTD%
0.6%
0.6%
0.8%
0.8%
-1.0%
-0.7%
0.2%
1.8%
0.2%
0.5%
Chg. %
20.3
MTD%
6.2
5.3
6.8
4.3
6.0
3.4
5.2
3.9
2.2
6.3
YTD%
6.2
5.3
6.8
4.3
6.0
3.4
5.2
3.9
2.2
6.3
7.0%
4.3%
3.6%
3.5%
2.9%
1.3%
1.1%
0.9%
0.1%
Weekly Exchange
Traded Value ($ mn)
798.87
3,256.76
1,454.15
864.40
635.29
136.55
14.26
Exchange Mkt.
Cap. ($ mn)
165,578.3
81,685.25
134,906.8
486,974.5#
112,270.3
25,592.0
50,846.9
Kuwait
Oman
Bahrain
Qatar
0.0%
Abu Dhabi
Foreign institutions remained bullish for the week with net buying
of QR147.9mn vs. net buying of QR96.0mn in the prior week.
Qatari institutions turned bearish with net selling of QR31.8mn vs. net
buying of QR102.2mn the week before. Foreign retail investors
remained bearish for the week with net selling of QR55.7mn vs. net
selling of QR41.9mn in the prior week. Qatari retailer investors
remained bearish with net selling of QR60.6mn vs. QR156.1mn the
week before. Thus far in 2014, the QE has witnessed net foreign
portfolio investment inflow of ~$599.2mn vs. ~$1,057mn for the full
year of 2013.
QE Index
70.5
Value Traded (QR mn)
Dubai
Trading value during the shortened week (holiday) increased by
20.25% to reach QR2.77bn vs. QR2.30bn in the prior week. The
Banks & Financial Services sector led the trading value during the
week, accounting for 40.95% of the total equity trading value.
Trading volume increased by 25.69% to reach 70.5mn shares vs.
56.1mn shares in the prior week. The number of transaction rose
by 16.39% to reach 26,351 transactions versus 22,641 transactions in
the prior week. The Banks & Financial Services sector also led the
trading volume, accounting for 29.92% of the total.
13-Feb
Week ended
Feb 13, 2014
2,769.1
Market Indicators
Market Breadth
Masraf Al Rayan (MARK) was the biggest contributor to the QE
Index’s gain. The stock contributed 116.48 points to the index‟s
weekly gain. MARK is up 27.96% year-to-date (YTD). QNB Group
(QNBK) was the second biggest contributor adding 82.09 points to
the index; QNBK is up 10.17% YTD. On the other hand, Qatari
Investors Group (QIGD) shaved 39.48 points off the index during
the week.
12-Feb
Saudi Arabia
During the week, Qatar second largest lender, Commercial Bank
of Qatar (CBQK) reported 2013 results. The bank posted a net profit
of QR300mn vs. our estimate of QR419mn (Bloomberg consensus:
QR428mn), up by ~7% quarter-over-quarter (down ~33% year-overyear or YoY). Net profit on a YoY basis declined primarily on the back
of significant increases in provisions and expenses. The bank
announced a cash dividend of QR2.0/share (dividend yield of 2.8%)
and a 20% bonus share issue.
25,000,000
11,515.50
TTM P/E**
P/B**
Dividend Yield
14.6
17.5
13.3
17.9
16.7
11.1
9.2
1.9
1.5
1.7
2.2
1.2
1.6
0.9
4.1
2.0
3.7
3.3
3.6
3.6
3.7
#
Source: Bloomberg, country exchanges and Zawya (** Trailing Twelve Months; * Value traded ($ mn) do not include special trades, if any) ( Data as of February 12, 2013)
Page 1 of 5
2. News
Economic News
QNB Group: Qatar’s inflation may rise to 3.8% in 2014 from
3.1% last year – According to a QNB Group report, Qatar‟s
inflation may rise to 3.8% this year from 3.1% last year in view
of a recovery in land prices in December and January. A
recovery in land prices in December and January could reverse
the slowdown in rent inflation by mid-2014. Rent inflation has
slowed in recent months in line with QNB Group‟s projections,
tracking movements in the underlying price of land. Rent
inflation slowed from 6.7% in the year to August 2013 to 4.8%
in the year to December 2013, based on the Consumer Price
Index (CPI) data released by the Ministry of Development
Planning & Statistics (MSDP). QNB Group has analyzed data
purely on land transactions in Qatar, based on weekly statistics
published by the Ministry of Justice (MoJ). This data suggests
that the slowdown in rent inflation tracked land prices with a sixmonth delay. Land prices fell from March to November 2013 on
the basis of an average of prices for the last 12 months (which
reduces the impact of seasonal factors and single large
transactions). QNB Group said as rents tend to follow land
prices with a six-month delay, we expect rent inflation to
continue to slow to below 4% between now and May 2014. The
report added that land prices are a fundamental driver of rents
in Qatar and falling land prices are likely to slow rent inflation.
Land is the main component of the cost of building, developing
and buying real estate. (Gulf-Times.com)
Market & Corporate News
CBQK: Weak 4Q2013 profitability on the back of significant
provisions and expenses – CBQK posted a net profit of
QR300mn vs. our estimate of QR419mn (Bloomberg
consensus: QR428mn), up by ~7% QoQ (down ~33% YoY).
Net profit on a YoY basis declined primarily on the back of
significant increases in provisions and expenses. The bank
booked provisions of QR267mn in 4Q2013 vs. QR101mn in
4Q2012 (3Q2013: QR231mn). Net interest income dipped by
2% QoQ (+37% YoY) to reach QR632mn. Commercial Bank
registered non-interest income (including income from
associates) of QR464mn in 4Q2013 vs. QR274mn in 3Q2013
which translates into a growth of 69% QoQ (+15% YoY). This
robust performance was mainly due to higher fees &
commissions and higher foreign exchange income. Operating
expenses (mainly attributed to ABank) hindered the growth
stemming from net operating income. Expenses surged by 45%
and 83% QoQ and YoY, respectively. Moreover, the bank‟s
cost-to-income ratio deteriorated in 4Q2013 (48%) vs. 37% in
4Q2012. The bank announced a cash dividend of QR2.0/share
(DY: 2.8%) vs. our estimate of QR5.50/share and a 20% bonus
share issue. While the cut makes business sense, we await
further color from management to determine the dividend policy
going forward. Loans significantly expanded QoQ and YoY.
CBQK‟s loan book grew by 3% QoQ (+38% YoY). Moreover,
deposits followed suit and expanded by 9% QoQ (+52% YoY).
As such, the LDR rested at 106% vs. 112% in 3Q2013 (117%
at the end of 2012). The growth in loans and deposits is a onetime occurrence due to the consolidation of ABank. ABank
contributed 17% and 13% to overall loans and deposits,
respectively. Finally, CBQK‟s investment portfolio expanded by
25% QoQ (+59% YoY). CBQK‟s NPL ratio marginally
deteriorated QoQ to 3.6% vs. 3.3% in 3Q2013 (1.1% at the end
of 2012). Moreover, the bank issued Tier 1 Capital Notes
(QR2bn) which improved the CAR to 14.1% vs. 12.5% in
9M2013 (2012:17.0%). We maintain our target price of
QR87.59/share and rate the stock an Outperform. While
reported 4Q2013 results were below our estimates, we believe
that the reduction in dividends along with the additional
provisioning undertaken during the quarter should benefit the
bank‟s expansion strategy/profitability going forward.
QIMD reports net profit of QR202.1mn in 2013 – QIMD‟s
financials revealed a net profit of QR202.1mn in 2013 versus
QR208.2mn in 2012. Earnings per Share (EPS) amounted to
QR5.11 in 2013 compared to QR5.26 in 2012. The company‟s
Board of Directors recommended 20% bonus shares along with
the results. (QE)
QGRI reports net profit of QR1.37bn in 4Q2013 – Qatar
General Insurance & Reinsurance Company (QGRI) has
reported a net profit of QR1.37bn in 4Q2013 as compared to
QR19.3mn in 3Q2013. The net earned premiums was
QR52.8mn in 4Q2013 indicating a fall of 0.1% QoQ. For the full
year 2013, EPS amounted to QR36.96 vs. QR3.04 in 2012. The
significant increase in 4Q2013 net income is due to fair value
gain on investment properties of QR2.0bn in 2013 vs.
QR39.9mn in 2012. Meanwhile, QGRI‟s board of directors has
recommended a cash dividend of QR1.50 and a 20% stock
dividend per share, which will have to be approved by
shareholders at the annual general assembly, scheduled on
March 16, 2014. (QE)
QFLS report net profit QR1.2bn profit in 2013 – Qatar Fuel
Company (Woqod) posted a net profit of QR1.2bn in 2013 vs.
QR1.1bn in 2012. Earnings per Share (EPS) amounted to
QR18.72 in 2013 compared to QR17.70 in 2012. QFLS‟ Board
of Directors recommended cash dividends of QR10.0 per
share, in addition to 30% bonus shares i.e. 3 shares per 10
outstanding shares. (QE)
QIGD post net profit of QR220.6mn for 2013 – Qatari
Investors Group (QIGD) posted a net profit of QR220.6mn in
2013 versus QR152.2mnn in 2012. Earnings per Share (EPS)
amounted to QR1.77 in 2013 compared to QR1.22 in 2012. The
Board has recommended distribution of cash dividends of
QR0.75 per share (same as last year). This recommendation
will be raised to the Ordinary-General Assembly meeting which
will take place at Al Mirqab Hall, Four Seasons Hotel on
Wednesday, 26th February, 2014 at 4.00 pm. In case a quorum
is not met, the Extra-General Assembly meeting will be held on
Wednesday, 5th March 2014 at 4:00pm on the same venue.
(QE)
QNB Group aims to be top lender in Mideast, Africa by
2017 – QNB Group‟s Chief Financial Officer has said that the
bank is aiming to become the largest lender in the Middle East
and Africa, as it continues to look beyond its home market for
new growth opportunities. QNB Group, currently the biggest
bank in the Gulf region, is looking for acquisition targets in
Turkey, Morocco and sub-Saharan Africa. He further added that
the bank is targeting 31% of its profits and 26% of its lending to
come from its international operations in 2014, up from 28%
and 19% respectively in 2013. The bank hopes to achieve 40%
of its profits from foreign sources by 2017. The bank is targeting
a net profit gain of 7-9% and a loan growth of 12-14% in 2014.
(Gulf-Times.com)
Page 2 of 5
3. Qatar Exchange
Top 5 Gainers
Top 5 Decliners
0.0%
12.0%
10.2%
-2.9%
-2.7%
Mannai Corp.
-3.6%
Ezdan Real
Estate
-4.5%
7.7%
8.0%
-6.0%
7.2%
5.6%
5.4%
4.0%
-12.0%
-15.6%
0.0%
Masraf Al
Rayan
Qatar Fuel
Vodafone
Qatar
Qatar General
Qatar
Insurance & International
Reinsurance Islamic Bank
Source: Qatar Exchange (QE)
-18.0%
Qatari
Investors
Group
Dlala Holding
National
Leasing
Source: Qatar Exchange (QE)
Most Active Shares by Value (QR Million)
Most Active Shares by Volume (Million)
600.0
24.0
18.8
400.0
357.9
16.0
257.6
226.4
9.2
206.9
177.0
200.0
8.0
5.8
5.1
3.7
0.0
0.0
Masraf Al
Rayan
Commercial
Bank of Qatar
Vodafone
Qatar
Industries
Qatar
Source: Qatar Exchange (QE)
Barwa Real
Estate
Vodafone
Qatar
Masraf Al
Rayan
Barwa Real
Estate
United
Development
Commercial
Bank of Qatar
Source: Qatar Exchange (QE)
Investor Trading Percentage to Total Value Traded
Net Traded Value by Nationality (QR Million)
92
16.01%
100%
21.35%
80%
13.13%
60%
20.42%
21.57%
45.10%
47.29%
Non-Qatari
863
15.14%
955
40%
(92)
20%
Qatari
1,907
1,814
0%
Buy
Sell
Qatari Individuals
Qatari Institutions
Non-Qatari Individuals
Non-Qatari Institutions
Source: Qatar Exchange (QE)
(500)
Net Investment
500
1,000
Total Sold
1,500
2,000
2,500
Total Bought
Source: Qatar Exchange (QE)
Page 3 of 5
4. TECHNICAL ANALYSIS OF THE QE INDEX
Source: Bloomberg
The QE Index extended its relentless rally in a truncated week, registering gains on every single trading day tagging a new 52-week high. The positive
development was that the index managed to cling onto its support near the 11,170.0 level and cleared the (11,200.0, 11,300.0, 11,400.0 and 11,500.0)
psychological levels as strong buying interest pushed the index at its highest point since 2008. The index after witnessing a strong rally a couple of weeks
back, witnessed correction creating a strong base near the 11,000.0 level and rebounded to record an impressive rally. The index is currently in strong bullrun mode and may continue its bullish momentum toward the 11,600.0-11,700.0-750.0 levels as it has little resistance until then. We believe the bulls may
continue their dominance over the bears until the index trades above the support of the ascending trendline. However, traders may need to keep a close
watch near the 10,450.0 level for any reversal signs. Any dip below this level may provide a buying opportunity near the 10,340.0 level. Meanwhile, the
index has support for a further higher move from the RSI which is trending strongly in the overbought territory, while the MACD has crossed the signal line
into the positive territory indicating the possibility of a prolonged near-term uptrend. Thus, traders may adopt a bullish approach, and accumulate on every
possible dip, but must also follow strict stop losses.
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.
Page 4 of 5
5. Price % Change 5(Feb 06)
Day
% Change
YTD
Market Cap.
QR Million
TTM P/E
P/B
Div. Yield
189.50
5.28
10.17
132,599
14.0
2.5
3.7
Qatar Islamic Bank
81.00
5.19
17.39
19,140
14.4
1.6
4.6
Commercial Bank of Qatar
71.50
(1.79)
0.99
17,692
11.0
1.1
8.4
Doha Bank
65.40
1.08
12.37
16,898
11.4
1.5
6.3
Al Ahli Bank
64.20
(1.98)
16.73
8,158
15.5
2.3
4.7
Qatar International Islamic Bank
73.90
5.42
19.77
11,186
14.9
2.1
4.7
Masraf Al Rayan
40.05
10.18
27.96
30,038
17.6
2.9
2.5
Al Khaliji Bank
21.20
4.13
6.05
7,632
13.9
1.4
4.7
National Leasing
29.45
(3.60)
(2.32)
1,457
16.7
1.1
5.1
Dlala Holding
20.25
(4.48)
(8.37)
450
N/M
2.0
N/A
Qatar & Oman Investment
12.40
(1.59)
(0.96)
391
26.0
1.2
4.0
Islamic Holding Group
45.45
0.11
(1.20)
182
20.1
3.1
2.5
Company Name
Qatar National Bank
245,821
Banking and Financial Services
Zad Holding
70.00
0.00
0.72
916
9.3
0.7
5.7
Qatar German Co. for Medical Devices
14.50
2.11
4.69
167
N/M
0.9
N/A
Salam International Investment
14.37
1.41
10.45
1,643
14.4
1.0
4.9
Medicare Group
57.00
5.36
8.57
1,604
26.1
2.1
3.2
Qatar Cinema & Film Distribution
42.50
4.81
5.99
243
32.5
1.8
4.7
312.60
7.68
10.03
20,309
17.0
3.4
3.2
48.00
0.00
(7.16)
864
14.4
3.5
8.3
152.30
3.61
14.25
3,046
20.9
2.4
5.3
Qatar Fuel
Qatar Meat and Livestock
Al Meera Consumer Goods
28,792
Consumer Goods and Services
52.00
(0.76)
2.77
2,059
9.8
1.5
5.8
Qatar National Cement
117.00
(0.43)
(1.68)
5,745
13.2
2.3
5.1
Industries Qatar
179.20
3.58
6.10
108,416
13.3
3.4
4.3
5,097
23.1
2.4
1.8
0.99
18,370
13.3
3.0
4.0
Qatar Industrial Manufacturing
41.00
Qatari Investors Group
(15.64)
(6.18)
Qatar Electricity and Water
183.70
1.16
Mannai Corp.
102.00
(2.86)
13.46
4,653
10.1
2.0
4.7
Aamal
14.70
(0.41)
(2.00)
8,820
14.0
1.3
N/A
Gulf International Services
84.30
2.18
12,533
20.7
4.4
1.8
38.20
165,694
Industrials
Qatar Insurance
82.00
0.74
23.31
10,531
12.9
2.0
2.5
Doha Insurance
30.50
0.16
22.00
785
11.7
1.4
3.0
Qatar General Insurance & Reinsurance
47.50
5.56
(0.84)
2,738
1.3
0.8
1.8
Al Khaleej Takaful Insurance
38.40
(0.26)
5.21
656
13.7
1.1
2.2
Qatar Islamic Insurance
65.00
3.17
12.26
975
15.3
3.5
5.4
15,685
Insurance
United Development
22.43
(0.49)
(0.80)
7,564
9.2
0.7
4.5
Barwa Real Estate
30.55
(0.33)
2.52
11,888
17.4
0.9
4.9
Ezdan Real Estate
16.50
(2.65)
(2.94)
43,766
N/M
1.6
0.8
Mazaya Qatar Real Estate Development
12.36
(1.12)
10.55
1,236
18.7
1.1
4.9
64,454
Real Estate
148.50
0.20
8.24
47,568
18.0
1.9
3.4
12.36
7.20
15.41
10,449
N/M
1.8
N/A
Qatar Navigation (Milaha)
91.60
2.92
10.36
10,491
10.7
0.9
4.1
Gulf Warehousing
42.00
0.00
1.20
1,998
19.7
2.5
N/A
Qatar Gas Transport (Nakilat)
Transportation
21.48
3.27
6.07
12,029
15.7
3.4
4.7
Qatar Telecom
Vodafone Qatar
58,017
Telecoms
24,517
Qatar Exchange
602,980
Source: Bloomberg
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
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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
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