- The Qatar Exchange Index lost 0.74% over the week to close at 13,008.16 points, as market capitalization decreased 1.32% to QR724.6 billion. Of the 43 listed companies, 14 ended higher while 29 fell.
- Masraf Al Rayan and Ooredoo were the biggest contributors to the weekly index gain, while Industries Qatar and Nakilat restricted index growth.
- Foreign institutions remained net buyers during the week at QR318.6 million, while Qatari institutions were net sellers at QR257 million and foreign retail investors were net sellers at QR111.1 million.
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 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 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.
QNBFS Daily Market Report September 02, 2019QNB Group
The QE Index in Qatar rose 0.2% led by gains in the Industrials and Banks & Financial Services indices. Qatar Islamic Bank and Industries Qatar were the top gainers while Ezdan Holding Group and Qatar Insurance Company declined. Regional indices were mixed with Saudi Arabia down 1.3% but Kuwait up 0.5%. News mentioned Qatar banks will soon issue a standard demand guarantee letter format and the North Field Expansion project is expected to boost Qatar's construction sector.
The QSE Index declined 0.4% to close at 8,856.9. Losses were led by the Telecoms and
Banks & Financial Services indices, falling 1.3% and 0.6%, respectively.
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.
QNBFS Daily Market Report September 18, 2017QNB Group
The QSE Index declined 0.4% to close at 8,375.2. Losses were led by the Real Estate and Consumer Goods & Services indices, falling 1.1% and 0.9%, respectively.
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 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 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.
QNBFS Daily Market Report September 02, 2019QNB Group
The QE Index in Qatar rose 0.2% led by gains in the Industrials and Banks & Financial Services indices. Qatar Islamic Bank and Industries Qatar were the top gainers while Ezdan Holding Group and Qatar Insurance Company declined. Regional indices were mixed with Saudi Arabia down 1.3% but Kuwait up 0.5%. News mentioned Qatar banks will soon issue a standard demand guarantee letter format and the North Field Expansion project is expected to boost Qatar's construction sector.
The QSE Index declined 0.4% to close at 8,856.9. Losses were led by the Telecoms and
Banks & Financial Services indices, falling 1.3% and 0.6%, respectively.
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.
QNBFS Daily Market Report September 18, 2017QNB Group
The QSE Index declined 0.4% to close at 8,375.2. Losses were led by the Real Estate and Consumer Goods & Services indices, falling 1.1% and 0.9%, 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 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.
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 increased 1.9% over the week to close at 12,515.86 points, with market capitalization up 0.85% to QR660.09 billion.
- Trading value increased 22.25% to QR2.72 billion compared to the prior week, led by the Real Estate sector which accounted for 32.71% of total trading value.
- Ezdan Holding Group (ERES) was the best performing stock for the week, rising 17.79%, and was also the top traded stock by value and volume.
QNBFS Daily Market Report September 19, 2021QNB Group
The key points from the document are:
- CK Hutchison and Ooredoo agreed to combine their Indonesian telecom businesses in a $6 billion deal to better compete against larger rivals in Indonesia's telecom market.
- The merged company, named PT Indosat Ooredoo Hutchison, will have annual revenue of around $3 billion and better scale and resources to invest in networks and innovations.
- The companies expect to realize $300-400 million in pre-tax cost synergies annually within 3-5 years from the combination. The deal aims to drive further consolidation in Indonesia's telecom sector.
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 Qatar Exchange index declined slightly over the week while market capitalization increased slightly. Trading volume decreased slightly while value traded and number of transactions increased slightly.
- Ezdan Holding was the best performing stock for the week, rising 4.2%, while Qatar Cinema & Film Distribution fell the most at 5.2%.
- Foreign institutions remained net sellers over the week while Qatari institutions were net buyers. Foreign and Qatari retail investors remained net buyers.
The Qatar Exchange Index gained 1.84% over the week to close at 12,961.40 points. Market capitalization increased 0.9% to QR731.9 billion. Industries Qatar and QNB Group were the top two contributors to the weekly index gain. The IMF projected Qatar's inflation to remain at 3-4% and growth at 6-7%. Property transactions in Doha rose 29% in Q1 2014 versus Q4 2013. MSCI is expected to announce 9 Qatari firms qualifying for its emerging markets list on May 14. Barwa Real Estate sold the Barwa City project for QR7.57 billion.
The QE index in Qatar rose 5.6% led by gains in the real estate and banking indices. Vodafone Qatar and Mazaya Qatar Real Estate Development were the top gainers rising 10% each while Qatar National Cement fell 0.2%. Elsewhere in the GCC, indices were mixed with Dubai rising 3.2% and Saudi Arabia up 0.7% while Kuwait fell 0.3%.
QNBFS Weekly Market Report December 31, 2020QNB Group
- The Qatar Stock Exchange Index lost 1.0% over the week to close at 10,435.96, with market capitalization decreasing 1.0% to QR602.2 billion. Trading value and volume decreased by 31.1% and 37.9% respectively.
- Fitch affirmed ratings of The Commercial Bank of Qatar and Qatar International Islamic Bank at 'A' with a stable outlook, reflecting strong ability of Qatar to support domestic banks.
- Ooredoo and CK Hutchison are exploring a potential merger of their Indonesian telecom units Indosat and Hutchison 3 Indonesia to better compete against market leader Telkomsel.
QNBFS Daily Market Report December 12, 2017QNB Group
The QSE Index rose 1.2% to close at 7,923.1. Gains were led by the Real Estate and Banks & Financial Services indices, gaining 2.8% and 1.6%, respectively.
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.
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 0.3% to close at 11,642.0 led by gains in the Real Estate and Insurance indices. Islamic Holding Group and Al Khaleej Takaful Group were the top gainers rising 9.9% and 5.3% respectively, while Zad Holding Co. fell 3.7% and Al Ahli Bank declined 3.3%. Overall, buying support from Qatari shareholders pushed the index higher despite selling pressure from non-Qatari shareholders. Volume traded fell 8.3% compared to the previous day but was 22.3% higher than the 30-day moving average.
QNBFS Daily Market Report January 15, 2020QNB Group
The QE Index in Qatar rose 0.7% driven by gains in the insurance and industrial indices. Top gainers were Qatar Islamic Bank and Qatar Industrial Manufacturing Company. Regional markets were also up, with Saudi Arabia gaining 0.4% and Dubai gaining 1%. Earnings reports showed profit growth at United Wire Factories in Saudi Arabia and QNB Group in Qatar delivered a record profit for 2019. Economic data from the US, China, Japan and India was mixed.
This document discusses the issues of high fiscal deficits and growing national debt in Pakistan. It notes that Pakistan has suffered from annual fiscal deficits over 6% of GDP since 1990, which has led to increased borrowing and soaring debt levels. National debt, both domestic and foreign, increased significantly between 1990-91 and 1997-98. This growing debt has resulted in rapidly increasing debt servicing costs, with debt servicing reaching 45% of the budget in recent years. The high and continuously growing fiscal deficits and debt levels have created serious economic issues for Pakistan and reducing the fiscal deficit to a sustainable level is a key challenge.
The document provides information on the vision, mission, goals, and objectives of the Information Technology program at Laguna State Polytechnic University. The vision is for the university to be a premier institution offering programs to meet the needs of the Philippines and global economies, especially in Asia. The mission is to provide advanced education in fields including IT, agriculture, and engineering. The goals of the College of Arts and Sciences are to develop students' skills and knowledge for global competitiveness. The objectives of the IT program are to develop intellectual and skills competencies to prepare students for IT careers and meet industry demands through instruction, research, extension work, and production activities.
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 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.
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 increased 1.9% over the week to close at 12,515.86 points, with market capitalization up 0.85% to QR660.09 billion.
- Trading value increased 22.25% to QR2.72 billion compared to the prior week, led by the Real Estate sector which accounted for 32.71% of total trading value.
- Ezdan Holding Group (ERES) was the best performing stock for the week, rising 17.79%, and was also the top traded stock by value and volume.
QNBFS Daily Market Report September 19, 2021QNB Group
The key points from the document are:
- CK Hutchison and Ooredoo agreed to combine their Indonesian telecom businesses in a $6 billion deal to better compete against larger rivals in Indonesia's telecom market.
- The merged company, named PT Indosat Ooredoo Hutchison, will have annual revenue of around $3 billion and better scale and resources to invest in networks and innovations.
- The companies expect to realize $300-400 million in pre-tax cost synergies annually within 3-5 years from the combination. The deal aims to drive further consolidation in Indonesia's telecom sector.
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 Qatar Exchange index declined slightly over the week while market capitalization increased slightly. Trading volume decreased slightly while value traded and number of transactions increased slightly.
- Ezdan Holding was the best performing stock for the week, rising 4.2%, while Qatar Cinema & Film Distribution fell the most at 5.2%.
- Foreign institutions remained net sellers over the week while Qatari institutions were net buyers. Foreign and Qatari retail investors remained net buyers.
The Qatar Exchange Index gained 1.84% over the week to close at 12,961.40 points. Market capitalization increased 0.9% to QR731.9 billion. Industries Qatar and QNB Group were the top two contributors to the weekly index gain. The IMF projected Qatar's inflation to remain at 3-4% and growth at 6-7%. Property transactions in Doha rose 29% in Q1 2014 versus Q4 2013. MSCI is expected to announce 9 Qatari firms qualifying for its emerging markets list on May 14. Barwa Real Estate sold the Barwa City project for QR7.57 billion.
The QE index in Qatar rose 5.6% led by gains in the real estate and banking indices. Vodafone Qatar and Mazaya Qatar Real Estate Development were the top gainers rising 10% each while Qatar National Cement fell 0.2%. Elsewhere in the GCC, indices were mixed with Dubai rising 3.2% and Saudi Arabia up 0.7% while Kuwait fell 0.3%.
QNBFS Weekly Market Report December 31, 2020QNB Group
- The Qatar Stock Exchange Index lost 1.0% over the week to close at 10,435.96, with market capitalization decreasing 1.0% to QR602.2 billion. Trading value and volume decreased by 31.1% and 37.9% respectively.
- Fitch affirmed ratings of The Commercial Bank of Qatar and Qatar International Islamic Bank at 'A' with a stable outlook, reflecting strong ability of Qatar to support domestic banks.
- Ooredoo and CK Hutchison are exploring a potential merger of their Indonesian telecom units Indosat and Hutchison 3 Indonesia to better compete against market leader Telkomsel.
QNBFS Daily Market Report December 12, 2017QNB Group
The QSE Index rose 1.2% to close at 7,923.1. Gains were led by the Real Estate and Banks & Financial Services indices, gaining 2.8% and 1.6%, respectively.
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.
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 0.3% to close at 11,642.0 led by gains in the Real Estate and Insurance indices. Islamic Holding Group and Al Khaleej Takaful Group were the top gainers rising 9.9% and 5.3% respectively, while Zad Holding Co. fell 3.7% and Al Ahli Bank declined 3.3%. Overall, buying support from Qatari shareholders pushed the index higher despite selling pressure from non-Qatari shareholders. Volume traded fell 8.3% compared to the previous day but was 22.3% higher than the 30-day moving average.
QNBFS Daily Market Report January 15, 2020QNB Group
The QE Index in Qatar rose 0.7% driven by gains in the insurance and industrial indices. Top gainers were Qatar Islamic Bank and Qatar Industrial Manufacturing Company. Regional markets were also up, with Saudi Arabia gaining 0.4% and Dubai gaining 1%. Earnings reports showed profit growth at United Wire Factories in Saudi Arabia and QNB Group in Qatar delivered a record profit for 2019. Economic data from the US, China, Japan and India was mixed.
This document discusses the issues of high fiscal deficits and growing national debt in Pakistan. It notes that Pakistan has suffered from annual fiscal deficits over 6% of GDP since 1990, which has led to increased borrowing and soaring debt levels. National debt, both domestic and foreign, increased significantly between 1990-91 and 1997-98. This growing debt has resulted in rapidly increasing debt servicing costs, with debt servicing reaching 45% of the budget in recent years. The high and continuously growing fiscal deficits and debt levels have created serious economic issues for Pakistan and reducing the fiscal deficit to a sustainable level is a key challenge.
The document provides information on the vision, mission, goals, and objectives of the Information Technology program at Laguna State Polytechnic University. The vision is for the university to be a premier institution offering programs to meet the needs of the Philippines and global economies, especially in Asia. The mission is to provide advanced education in fields including IT, agriculture, and engineering. The goals of the College of Arts and Sciences are to develop students' skills and knowledge for global competitiveness. The objectives of the IT program are to develop intellectual and skills competencies to prepare students for IT careers and meet industry demands through instruction, research, extension work, and production activities.
Imran Mohammed Silawat provides his curriculum vitae, including contact information, objectives, academic and professional experience, skills, strengths and personal details. He obtained a BCA degree from M.D. University Rohtak in 2012. Currently he works as a Coordinator at Kanchan Placements in Bhilwara, where he has been since September 2012, managing accounting processes and reception work. His skills include Microsoft Windows, Office and internet applications. He declares all information provided is true and correct.
This document contains 10 words related to various topics such as standardized tests, education, hygiene, public speaking, movement, fate and mixed feelings. The words include references to a college admissions test, the reduction of members or participants, self-improvement through instruction, washing oneself, public speaking skills, to twist or struggle, ordinary or common people, decaying flesh, to confine or restrain, fate or destiny, and having mixed feelings or contradictory emotions.
Este documento proporciona instrucciones para analizar y comentar una pirámide de población. Explica los 7 pasos clave para realizar un análisis completo: 1) identificar el tipo de perfil, 2) determinar el grado de desarrollo, 3) analizar los grupos de edad, 4) analizar la estructura por sexo, 5) explicar irregularidades, 6) hacer previsiones de futuro, y 7) concluir aplicando conceptos clave.
India's Future - Gurcharan Das (Nov 2009)Chetan Shah
The document summarizes India's economic growth and future prospects over the past few decades. It notes that India has experienced high GDP growth averaging around 6-8% annually since the 1980s. This growth has been led by domestic factors rather than exports and has been fueled by services and consumption. The summary predicts India will continue growing at 7-8% annually and become a major global economic power by the middle of the century. However, challenges around governance, infrastructure, education, and other issues still need addressing for prosperity to spread more widely.
Pkn perjanjian internasional XI IPA 1 SmanikFahrizal Hari
Ringkasan dokumen tersebut adalah:
1) Dokumen tersebut membahas tentang pengertian, azas, istilah, dan tahapan perjanjian internasional
2) Perjanjian internasional dapat diklasifikasikan berdasarkan para pihak dan sifat perjanjian
3) Ada tiga tahap pembuatan perjanjian internasional yaitu perundingan, penandatanganan, dan ratifikasi
El documento resume los conceptos clave de la globalización, incluyendo su definición, los efectos económicos y en el estilo de vida, los riesgos y el papel del desarrollo tecnológico. Específicamente, explora cómo la globalización ha creado una conciencia global y cobertura mundial a través del desarrollo de internet y otros medios de comunicación, pero también plantea riesgos como la desigualdad económica.
The document provides an editorial and updates from Balmer Lawrie (BL) for the month of May 2013.
1) BL announced excellent financial results for FY2012-13 at a board meeting on May 29, with profits growing by 18%. Logistics emerged as the top performer.
2) Six independent directors and the Chief Vigilance Officer completed their tenures on May 31. World Environment Day was observed on June 5 with the theme "Think.Eat.Save" to reduce food waste.
3) Regular training and updates were provided to employees. The HSE corner column continued promoting health, safety and environment awareness.
This is a concept presentation of iGovernment.in, a news portal on enabling good governance across India having more than 1 million monthly hits from 139 countries
This document provides market share information for New Hampshire and York County from January 1, 2008 to December 31, 2008. It analyzes market performance over the one-year period without providing any specific numbers or details about companies. The document title indicates it contains market share data for two locations over a single year but no other contextual information is given.
Good Governance at Argos - this presentation gives us an insight about how Argos established good governance at its organization and how successful it has become due to the same.
This document contains a resume and application for Danna P. Iñigo for an Associate in Information Technology position. It includes her personal details, education history, skills and qualifications, training and seminars attended, affiliations, and references. Her objective is to apply her IT degree, gain experience, and take on new opportunities. She has experience in computer programs, dancing, volleyball, and has completed an IT degree from Laguna State Polytechnic University with honors from secondary and elementary school.
Dokumen tersebut membahas tentang keamanan informasi, termasuk tujuan, ancaman, risiko, pengendalian, dan manajemen risiko dalam keamanan informasi. Dibahas pula tentang dukungan dari pemerintah dan industri seperti standar keamanan informasi serta sertifikasi profesional di bidang tersebut.
This position is responsible for leading the development and implementation of an indigenization plan at JIBC to ensure Aboriginal students have access to relevant educational experiences. The Associate Director will work closely with staff, faculty, and an Aboriginal advisory council to increase understanding, review curriculum and policies, and advise on best practices. Key responsibilities include providing leadership, consulting internally and externally, and managing relationships and the advisory council. A master's degree and 5 years of relevant experience in adult education, curriculum development, and program delivery for Aboriginal learners is required.
The Qatari stock market gained slightly over the week. Trading volume and value decreased compared to the previous week. Industries Qatar and Qatar Islamic Bank were the largest contributors to the weekly index gain, while Ooredoo and Qatar Insurance negatively contributed. Foreign institutions remained net sellers during the week, while Qatari institutions were net buyers. Several companies announced dividends for 2014, with Gulf International Services announcing a large year-over-year increase.
The Qatar Exchange Index declined 1.91% over the week. Trading value and volume decreased significantly. Masraf Al Rayan and Ooredoo were the biggest decliners, while QNB Group and Gulf International Services helped limit losses. Foreign investors continued net buying while Qatari investors net sold. Inflation in Qatar rose to 3.4% in May due to higher rents and fuel costs. Standard Chartered maintained a stable outlook for Qatar given its dominant position in global LNG markets. Gulf Drilling International won two land rig contracts worth QR1.1 billion from Qatar Petroleum.
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 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 Qatar Stock Exchange index fell 1.33% over the week. Trading volume and value increased significantly compared to the previous week. The real estate and banking sectors were the top contributors to trading value and volume. Key stocks like Ezdan Holding Group and Gulf International Services decreased the index, while Industries Qatar and Qatar Islamic Bank increased it. Foreign investors remained net sellers while Qatari investors were net buyers. Real estate prices in Qatar reached a new record high in June according to a central bank index.
The Qatar Exchange Index gained 5.27% over the week to close at 13,694.19 points. Trading activity increased significantly during the week as both Qatar and UAE will be added to the MSCI Emerging Markets Index in June 2014. Masraf Al Rayan was the best performing stock for the week, gaining 25.91%, while Ezdan Holding Group declined the most by 10.50%. Foreign institutions were aggressively buying during the week with net purchases of QR2.2 billion, while Qatari and foreign retail investors were net sellers.
The Qatar Stock Exchange index increased slightly over the week. Trading value and volume increased significantly. The real estate sector led trading value and volume. Ooredoo reported a large drop in quarterly profit due to currency impacts. Several other companies reported quarterly earnings results, with some like Barwa Real Estate seeing large profit growth. Regional stock markets had mixed performance for 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 Qatar Exchange Index dropped by 1.75% over the week to close at 12,727.64 points as trading value decreased by 30.53% to QR5.10 billion, while trading volume also declined by 36.97% to 134.2 million shares. MSCI announced it will cut the weightings of eight major Qatari stocks including Industries Qatar, QNB Group, Commercial Bank and Doha Bank when upgrading Qatar to an emerging market, citing potential issues with foreign ownership limits. Several Qatari companies including CBQK, IQCD, ORDS, MRDS, QFLS and BRES reported their quarterly earnings results
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 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 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 Qatari stock market declined slightly over the past week. Trading volume and value both decreased compared to the previous week. Several sectors such as real estate and banks contributed most to the market decline. Foreign investors were net sellers during the week while Qatari investors were net buyers. Overall, the Qatari market outperformed other GCC markets in 2014 with an 18.4% return, while Kuwait's market declined 13.4% for the year.
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.
The QSE Index increased 2.47% over the week to close at 11,987.71 points. Trading value decreased 13.1% to QR1.7 billion, while trading volume increased 15.1% to 44.2 million shares. Ezdan Holding Group was the best performing stock with a 9.8% gain, while Qatar Cinema & Film Distribution Co. declined the most at 16%. Foreign institutions remained net buyers at QR15 million, while Qatari institutions were net sellers at QR19.8 million.
The Qatar Exchange Index gained 102.84 points during the week to close at 14,088.82 points. Trading value increased by 6.5% to reach QR3.7 billion, while trading volume increased by 21.5% to 83.3 million shares. Three stocks - Barwa Real Estate, Gulf International Services, and Industries Qatar - were the biggest contributors to the weekly index gain.
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.
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.
[4:55 p.m.] Bryan Oates
OJPs are becoming a critical resource for policy-makers and researchers who study the labour market. LMIC continues to work with Vicinity Jobs’ data on OJPs, which can be explored in our Canadian Job Trends Dashboard. Valuable insights have been gained through our analysis of OJP data, including LMIC research lead
Suzanne Spiteri’s recent report on improving the quality and accessibility of job postings to reduce employment barriers for neurodivergent people.
Decoding job postings: Improving accessibility for neurodivergent job seekers
Improving the quality and accessibility of job postings is one way to reduce employment barriers for neurodivergent people.
New Visa Rules for Tourists and Students in Thailand | Amit Kakkar Easy VisaAmit Kakkar
Discover essential details about Thailand's recent visa policy changes, tailored for tourists and students. Amit Kakkar Easy Visa provides a comprehensive overview of new requirements, application processes, and tips to ensure a smooth transition for all travelers.
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.
A toxic combination of 15 years of low growth, and four decades of high inequality, has left Britain poorer and falling behind its peers. Productivity growth is weak and public investment is low, while wages today are no higher than they were before the financial crisis. Britain needs a new economic strategy to lift itself out of stagnation.
Scotland is in many ways a microcosm of this challenge. It has become a hub for creative industries, is home to several world-class universities and a thriving community of businesses – strengths that need to be harness and leveraged. But it also has high levels of deprivation, with homelessness reaching a record high and nearly half a million people living in very deep poverty last year. Scotland won’t be truly thriving unless it finds ways to ensure that all its inhabitants benefit from growth and investment. This is the central challenge facing policy makers both in Holyrood and Westminster.
What should a new national economic strategy for Scotland include? What would the pursuit of stronger economic growth mean for local, national and UK-wide policy makers? How will economic change affect the jobs we do, the places we live and the businesses we work for? And what are the prospects for cities like Glasgow, and nations like Scotland, in rising to these challenges?
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.
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."
Unlock Your Potential with NCVT MIS.pptxcosmo-soil
The NCVT MIS Certificate, issued by the National Council for Vocational Training (NCVT), is a crucial credential for skill development in India. Recognized nationwide, it verifies vocational training across diverse trades, enhancing employment prospects, standardizing training quality, and promoting self-employment. This certification is integral to India's growing labor force, fostering skill development and economic growth.
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.
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.
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.
Tdasx: Unveiling the Trillion-Dollar Potential of Bitcoin DeFi
Weekly market report
1. Page 1 of 5
Market Review and Outlook QE Index and Volume
The Qatar Exchange (QE) Index lost 96.59 points, or 0.74%, during
the trading week, to close at 13,008.16 points. Market capitalization
decreased by 1.32% to reach QR724.6 billion (bn) as compared to
QR734.3bn at the end of the previous week. Of the 43 listed
companies, 14 companies ended the week higher, while 29 fell.
Alijarah Holding (NLCS) was the best performing stock for the week,
with a gain of 2.88% on 5.1 million (mn) shares traded. On the other
hand, Nakilat (QGTS) was the worst performing stock with a decline of
5.24% on 4.0mn shares traded.
Masraf Al Rayan (MARK) and Ooredoo (ORDS) were the biggest
contributors to the weekly index gain. MARK contributed 39.03
points to the index’s weekly gain. The stock has been one of the best
performing stocks in in 2014 year-to-date (YTD) with a price return of
66.45% versus the QE Index which is up 25.32%. MARK also enjoys
the highest weight in MSCI EM Index within Qatari stocks. ORDS was
the second biggest contributor adding 19.27 points to the index. ORDS
is up 8.24% YTD in 2014.
On the other hand, Industries Qatar (IQCD) and Nakilat (QGTS)
restricted index growth. IQCD shaved 51.52 points off the index
during the week. The stock has had a decent run in 2014 posting a
price return of 8.35% despite weak urea prices in second quarter of
2014. QGTS shaved 28.55 points off the index during the week. QGTS
is up 16.10% YTD in 2014.
Trading value during the week decreased by 6.49% to reach
QR4.63bn vs. QR4.95bn in the prior week. The Banks & Financial
Services sector led the trading value during the week, accounting for
32.1% of the total equity trading value. Ezdan Holding Group (ERES)
was the top value traded stock during the week with total traded value
of QR636.7mn.
Trading volume decreased by 5.46% to reach 105.5mn shares vs.
111.6mn shares in the prior week. The number of transactions
decreased by 5.98% to reach 48,664 transactions versus 51,758
transactions in the prior week. The Real Estate sector led the trading
volume, accounting for 38.2%. ERES was also the top volume traded
stock during the week with total traded volume of 22.0mn shares.
Foreign institutions remained bullish for the week with net buying
of QR318.6mn vs. net buying of QR277.3mn in the prior week.
Qatari institutions remained bearish with net selling of QR257.0mn vs
net selling of QR82.7mn the week before. Foreign retail investors
remained bearish for the week with net selling of QR111.1mn vs. net
selling of QR171.9mn in the prior week. Qatari retail investors turned
bullish with net buying of QR50.0mn vs. net selling of QR22.3mn the
week before. Thus far in 2014, the QE has already witnessed net
foreign portfolio investment inflow of ~$1.3bn.
Market Indicators
Week ended
May 22, 2014
Week ended
May 15, 2014
Chg. %
Value Traded (QR mn) 4,631.3 4,952.6 (6.5)
Exch. Market Cap. (QR mn) 724,621.1 734,345.9 (1.3)
Volume (mn) 105.5 111.6 (5.5)
Number of Transactions 48,664 51,758 (6.0)
Companies Traded 43 43 0.0
Market Breadth 14:29 23:18 –
Market Indices Close WTD% MTD% YTD%
Total Return 19,397.98 (0.7) 2.6 30.8
All Share Index 3,301.47 (0.9) 1.7 27.6
Banks/Financial Svcs. 3,193.65 0.4 3.3 30.7
Industrials 4,379.90 (2.7) 2.3 25.1
Transportation 2,278.25 (4.4) (3.0) 22.6
Real Estate 2,676.49 0.8 2.8 37.0
Insurance 3,259.26 (1.3) (1.4) 39.5
Telecoms 1,749.20 1.2 2.5 20.3
Consumer 6,930.06 (2.3) (6.4) 16.5
Al Rayan Islamic Index 4,316.48 (0.4) 3.0 42.2
Market Indices
Weekly Index Performance
Regional Indices Close WTD% MTD% YTD%
Weekly Exchange
Traded Value ($ mn)
Exchange Mkt.
Cap. ($ mn)
TTM P/E** P/B** Dividend Yield
Qatar (QE)* 13,008.1
6
(0.7) 2.6 25.3 1,272.10 199,053.4 16.2 2.2 3.8
Dubai 4,864.03 (6.1) (3.9) 44.3 2,944.73 91,355.9 19.5 1.9 2.1
Abu Dhabi 4,925.71 (1.9) (2.4) 14.8 886.41 135,082.4 14.5 1.8 3.5
Saudi Arabia 9,750.90 (0.6) 1.7 14.2 16,713.27 527,971.3#
19.4 2.4 2.9
Kuwait 7,346.83 (0.8) (0.8) (2.7) 390.68 113,792.5 15.2 1.2 3.7
Oman 6,744.14 0.1 0.3 (1.3) 80.67 24,532.6 12.4 1.7 3.9
Bahrain 1,459.45 (0.3) 2.3 16.9 15.95 53,911.8 10.6 1.0 4.7
Source: Bloomberg, country exchanges and Zawya (** Trailing Twelve Months; * Value traded ($ mn) do not include special trades, if any) (#Data as of May 21, 2014)
13,020.72
12,788.23
12,734.15 12,679.53
13,008.16
0
15,000,000
30,000,000
12,500
12,800
13,100
18-May 19-May 20-May 21-May 22-May
Volume QE Index
0.1%
(0.3%) (0.6%) (0.7%) (0.8%)
(1.9%)
(6.1%)(8.0%)
(4.0%)
0.0%
4.0%
Oman
Bahrain
SaudiArabia
Qatar
Kuwait
AbuDhabi
Dubai
2. Page 2 of 5
News
Economic News
Deposit and loans both grew by 0.6% MoM in the month of
April 2014 – After posting a flat performance (down 0.1%
month-over-month [MoM] in March 2014), loans grew by 0.6%
MoM in April 2014 primarily due to pick-up in credit off-take
from the private sector which posted a growth of 2.2% MoM. On
the other hand, deposits continued with its gradual growth
(+0.6% MoM) and are up 6.5% year-to-date (YTD) vs. 3.8%
growth in the loan book. Hence, the banking sector’s loans-to-
deposits ratio (LDR) stood at 103% at the end of April 2014 vs.
105% at the end of 2013. On the loan book front, total domestic
public sector loans declined by 1.3% MoM but are still up 1.4%
YTD. The government segment’s loan book declined by 0.3%
MoM after a 5.5% MoM growth in March 2014 (+18.6% YTD
2014). Furthermore, government institutions’ segment
(represents ~60% of public sector loans) declined by 2.3%
MoM and is still down 3.7% YTD. Private sector loans grew by
2.2% MoM and are up 5.0% YTD. The Contractors segment
posted a 0.7% decline MoM. Despite this, contractors remain
the best performing segment in the private sector, posting a
growth 12.7% in the first four months of 2014. The General
Trade segment (contributes ~13% to private sector loans) loan
book grew by 1.1% MoM (+11.2% YTD). However, two other
segments, real estate and consumption & others have posted
modest growth in the first four months of 2014. Consumption &
Others (contributes ~29% to private sector loans) increased by
1.2% MoM (+3.5 YTD). Real Estate (contributes ~28% to
private sector loans) inched up by 0.7%. (QCB, QNBFS)
Market & Corporate News
GDI places its third rig into service for Oxy Qatar –
Occidental Petroleum of Qatar (Oxy Qatar) has accepted the
jack-up drilling rig ‘Msheireb’, which was acquired by Gulf
Drilling International (GDI) earlier this year and refurbished for
drilling operations that are set to commence this week. This
was jointly announced by GDI, and Oxy Qatar in Doha.
Msheireb will be the third GDI rig to be placed in service for Oxy
Qatar with other two rigs ‘Al Rayyan’ and ‘Al Wajba’ already
under contract. Msheireb has a 60ft cantilever outreach with
capability to drill to a depth of 25,000ft, operate in a water depth
of 300ft, and accommodate 116 persons on board. (Gulf-
Times.com)
Moody's affirms Qatar International Islamic Bank ratings;
changed outlook to positive from stable – Moody's Investors
Service has today affirmed Qatar International Islamic Bank
(Q.S.C.)'s (QIIK) A3 global long term issuer ratings, Prime-2
short term issuer ratings and D+ standalone bank financial
strength rating (BFSR), which is equivalent to a ba1 baseline
credit assessment (BCA). At the same time, Moody's changed
the outlook on the bank's long-term ratings to positive from
stable. (Moody’s)
Doha Bank to raise capital in 2015 – Doha Bank plans to
raise additional capital in 2015 to underpin fast asset growth
and potential acquisitions, the group chief executive of Qatar’s
fourth-largest bank by assets said yesterday. The bank is
looking at several options to raise capital, such as a rights
issue, R. Seetharaman told reporters at a news conference in
Kuwait. “If our organic expansion is per the growth model we
envisage, then we will need additional capital, which we will
mobilize next year,” he said. (Gulf-times.com)
DHBK sees enhanced potential in Kuwait – Doha Bank’s
(DHBK) Group CEO, Dr. R. Seetharaman said building the
bank’s partnerships in Kuwait is one of the top priorities in the
current fiscal year. Dr. Seetharaman said Kuwait enjoys strong
bilateral trade partnerships with countries such as the US, the
UK, India, Japan, South Korea and China. Kuwaiti companies
are also seeking to establish strong partnerships or to grow
organically in these markets, and DHBK is keen to support their
ambitions through its global representative network. In addition
to full branches in Qatar, Kuwait, and the UAE, DHBK has
representative offices in Canada, the UK, Germany, Turkey,
South Korea, China, Hong Kong, Singapore, Japan, and
Australia. (AmeInfo.com)
VFQS’ March 31, 2014 customer base reaches 1,327,000,
which is right in line with our estimate – Vodafone Qatar
(VFQS) continues to expand its mobile customer base in Qatar,
growing its number of customers by 22% YoY to reach
1,327,000 customers as at March 31, 2014. VFQS’ CEO Kyle
Whitehill said that 62% of Qatar’s population is using VFQS’
services every month, which is a great achievement for the
company’s shareholders, staff and partners. Reported mobile
subscriber base came in around 1% below our estimate of
1,340,149. VFQS reports FY2014 results after its board
meeting on May 27, 2014 and we continue to expect improving
financial metrics. We are projecting QR543mn in revenue for
4QFY2014 (+7% QoQ, +25% YoY). We model net loss to
decline to QR50mn versus QR53mn and QR74mn in December
2013 and March 2013 quarters, respectively. Finally, we
continue to expect VFQS to pay QR0.10 in DPS for FY2014.
We rate VFQS an Underperform with a price target of QR13.95.
(VFQS Press release, QNBFS Research)
KCBK’s Group CEO resigns; BoD to meet on June 3 – Al
Khalij Commercial Bank’s (KCBK) Group CEO Robin McCall
has resigned from his duties citing personal reasons. The
company’s board of directors has accepted his resignation.
However, McCall will continue to work as the CEO until a
suitable replacement is appointed. Meanwhile, KCBK’s BoD will
meet on June 3, 2014 to discuss and approve various
business-related items. We recommend a Market Perform
rating on the stocks with a 12-month target price of QR23.41.
(QE, QNBFS Research)
BRES appoints acting CEO – Barwa Real Estate Company
(BRES) has appointed Ahmad Abdulla Ali Al Abdulla as the
acting CEO for the group, effective from May 19, 2014,
following the resignation of the former Group CEO Abdulla Al
Subaie. Ahmad Al Abdulla had previously served as BRES’
Deputy Group CEO. (QE
Moody's withdraws QAFCO's ratings for its own business
reasons – Moody's Investors Service, (Moody's) has withdrawn
its Aa3 issuer rating for Qatar Fertiliser Company (QAFCO) for
its own business reasons. Our conversation with Moody’s
indicated that there were no QAFCO-specific negative factors
behind the ratings withdrawal. (Bloomberg, QNBFS Research)
Karwa taxi service to be privatized – The Karwa taxi service
in Qatar will be fully privatized by 2017 with six private
companies expected to run the service. Mowasalat, the state
transport company, will remain the regulator for private taxi
operators. Karwa has awarded contracts to four private taxi
companies and two of them are already operating their
services. The contracts awarded would be for a period of five
years and would be renewable. Plans are afoot to increase the
number of private taxi operators to six, with Mowasalat not
operating any taxis and just functioning as the regulator.
(Peninsula Qatar)
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)
2.9%
2.7%
2.6%
2.1%
1.8%
0.0%
1.5%
3.0%
4.5%
National
Leasing
Islamic Holding
Group
Masraf Al
Rayan
Ooredoo Qatar German
Co. for Medical
Devices
-5.2%
-4.7%
-3.9%
-3.5% -3.4%
-6.0%
-4.0%
-2.0%
0.0%
Qatar Gas
Transport
(Nakilat)
Mesaieed
Petrochemical
Holding
Company
Milaha Qatar Fuel Ezdan Real
Estate
636.7
466.3
365.7
312.0
258.9
0.0
250.0
500.0
750.0
Ezdan Real
Estate
Masraf Al
Rayan
Industries
Qatar
QNB Group United
Development
22.0
13.9
10.1
9.2
5.8
0.0
10.0
20.0
30.0
Ezdan Real
Estate
Vodafone Qatar United
Development
Masraf Al Rayan Barwa Real
Estate
0%
20%
40%
60%
80%
100%
Buy Sell
41.60% 40.52%
13.14% 18.69%
13.67%
16.07%
31.59%
24.71%
Qatari Individuals Qatari Institutions
Non-Qatari Individuals Non-Qatari Institutions
2,535
2,096
2,742
1,889
(207)
207
(500) - 500 1,000 1,500 2,000 2,500 3,000
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 ended last week in the red zone declining by around 97 points. The index slipped below the 13,000.0 level on Monday and subsequently
threatened to penetrate its important support near 12,680.0 on Wednesday, indicating a deeper correction. However, the index successfully defended its
support near 12,680.0 and rebounded reclaiming the 12,770.0, 12,940.0 and 13,000.0 levels along with the 21-day moving average. The index registered
an impressive rally gaining around 329 points on Thursday, trimming majority of its losses. This was a nice display of strength by the bulls, which helped in
keeping its short-term and long-term uptrend intact. Going forward, traders should keep a close watch on the 12,940.0 level for any reversal signs as a
retreat below this level may drag the index to retest 12,770.0. Meanwhile, the index has support for a higher move from the RSI, which has shown a bullish
divergence, while the MACD is showing signs of recovery. We believe the index may continue to scale higher if it manages to hold onto the 12,940.0 level.
Thus, traders may adopt a bullish approach but must follow strict stop losses as volatility is likely to continue.
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 Keith Whitney Sahbi Kasraoui
Head of Research Head of Sales Manager - HNWI
Tel: (+974) 4476 6534 Tel: (+974) 4476 6533 Tel: (+974) 4476 6544
saugata.sarkar@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.
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Page 5 of 5
Source: Bloomberg
Company Name
Price
(May 22)
% Change
5-Day
% Change
YTD
Market Cap.
QR Million TTM P/E P/B Div. Yield
Qatar National Bank 192.00 1.05 11.63 134,348 13.8 2.7 3.6
Qatar Islamic Bank 95.00 (0.73) 37.68 22,448 16.4 2.0 4.2
Commercial Bank of Qatar 67.50 (2.17) 14.41 20,043 12.3 1.3 2.5
Doha Bank 64.00 (2.14) 9.97 16,536 11.6 1.6 7.0
Al Ahli Bank 52.00 (1.70) 22.91 8,590 15.9 2.3 N/A
Qatar International Islamic Bank 86.60 (1.25) 40.36 13,109 17.0 2.6 4.3
Masraf Al Rayan 52.10 2.56 66.45 39,075 22.5 4.0 2.9
Al Khaliji Bank 23.39 0.43 17.01 8,420 15.9 1.5 4.3
National Leasing 32.15 2.88 6.63 1,591 25.4 1.2 4.7
Dlala Holding 40.40 (1.10) 82.81 897 N/M 4.0 N/A
Qatar & Oman Investment 14.40 (0.69) 15.02 454 20.8 1.4 4.2
Islamic Holding Group 71.70 2.72 55.87 287 29.0 4.9 2.4
Banking and Financial Services 265,797
Zad Holding 75.60 (1.82) 8.78 989 9.2 0.7 4.6
Qatar German Co. for Medical Devices 14.45 1.83 4.33 167 N/M 0.9 N/A
Salam International Investment 14.28 0.21 9.76 1,632 12.7 1.0 7.0
Medicare Group 87.70 0.23 67.05 2,468 24.9 3.3 2.1
Qatar Cinema & Film Distribution 41.35 (1.78) 3.12 236 20.5 1.7 N/A
Qatar Fuel 223.90 (3.49) 2.45 18,910 15.7 3.2 3.4
Qatar Meat and Livestock 62.00 (1.74) 19.92 1,116 20.9 4.5 3.4
Al Meera Consumer Goods 184.70 0.38 38.56 3,694 16.8 2.9 4.3
Consumer Goods and Services 29,213
Qatar Industrial Manufacturing 45.30 (2.79) 7.43 2,153 10.4 1.5 N/A
Qatar National Cement 141.00 (1.40) 18.49 6,923 15.5 2.7 4.3
Industries Qatar 183.00 (2.92) 8.35 110,715 15.7 3.8 6.0
Qatari Investors Group 65.80 (2.23) 50.57 8,181 36.2 3.9 1.1
Qatar Electricity and Water 183.40 (2.45) 10.91 20,174 13.6 3.5 3.7
Mannai Corp. 118.00 (1.01) 31.26 5,383 10.6 3.0 4.7
Aamal 17.23 (2.98) 14.87 10,338 19.4 1.5 N/A
Gulf International Services 96.00 (2.93) 96.72 17,841 24.5 6.0 1.7
Mesaieed Petrochemical Holding 32.75 (4.66) N/A 41,144 N/M 3.0 1.1
Industrials 222,852
Qatar Insurance 76.00 (1.55) 42.86 12,201 15.2 2.4 2.6
Doha Insurance 24.50 (2.58) (2.00) 1,225 9.2 1.1 8.2
Qatar General Insurance & Reinsurance 44.00 (0.68) 10.23 3,044 1.4 0.6 2.8
Al Khaleej Takaful Insurance 39.05 1.17 39.08 867 11.7 1.3 N/A
Qatar Islamic Insurance 71.40 0.56 23.32 1,071 16.8 3.9 5.3
Insurance 18,408
United Development 26.15 0.58 21.44 9,259 20.0 0.9 3.6
Barw a Real Estate 39.20 1.16 31.54 15,254 10.3 1.1 5.1
Ezdan Real Estate 27.25 (3.37) 60.29 72,281 58.0 2.4 1.1
Mazaya Qatar Real Estate Development 19.60 (0.96) 75.31 1,960 12.7 1.6 3.8
Real Estate 98,754
Qatar Telecom 148.50 2.13 8.24 47,568 18.2 1.9 2.7
Vodafone Qatar 18.35 (2.03) 71.34 15,513 N/M 2.6 N/A
Telecoms 63,081
Qatar Navigation (Milaha) 94.20 (3.88) 13.49 10,788 11.2 0.9 5.3
Gulf Warehousing 53.90 (2.00) 29.88 2,564 23.3 3.4 2.8
Qatar Gas Transport (Nakilat) 23.51 (5.24) 16.10 13,166 17.2 3.6 4.7
Transportation 26,517
Qatar Exchange 724,621