The Qatari stock market gained slightly over the shortened trading week, with the Qatar Stock Exchange index rising 0.13% and market capitalization remaining unchanged. Trading volume and value both declined significantly compared to the previous week. The top gaining stocks were Gulf International Services and Doha Insurance, while the worst performers were Gulf Warehousing and Qatar Cinema. Looking ahead, analysts expect the Qatari market's support level to remain at 11,000 points and resistance at 12,000 points.
QNBFS Daily Market Report December 24, 2023QNB Group
The QE Index rose 0.8% to close at 10,285.3. Gains were led by the Transportation and Banks & Financial Services indices, gaining 1.4% and 1.2%, respectively.
QNBFS Daily Market Report October 04, 2023QNB Group
The QE Index rose 0.2% to close at 10,273.3. Gains were led by the Transportation and Consumer Goods & Services indices, gaining 1.7% and 0.1%, respectively.
QNBFS Daily Technical Trader Qatar - October 04, 2023 التحليل الفني اليومي لب...QNB Group
The General Index failed to sustain its breakout above the double-bottom formation’s neckline and continued with its decline into the formation’s territory.
QNBFS Daily Technical Trader Qatar - September 28, 2023 التحليل الفني اليومي ...QNB Group
The General Index failed to sustain its breakout above the double-bottom formation’s neckline and continued with its decline into the formation’s territory.
QNBFS Daily Market Report September 24, 2023QNB Group
The QE Index rose 0.3% to close at 10,323.0. Gains were led by the Transportation and Industrials indices, gaining 0.8% each. Top gainers were Qatar Navigation and Al Khaleej Takaful Insurance Co., rising 3.3% and 2.0%, respectively.
QNBFS Daily Technical Trader Qatar - September 24, 2023 التحليل الفني اليومي ...QNB Group
The General Index failed to sustain its breakout above the double-bottom formation’s neckline and continued with its decline into the formation’s territory.
QNBFS Daily Technical Trader Qatar - September 19, 2023 التحليل الفني اليومي ...QNB Group
The General Index failed to sustain its breakout above the double-bottom formation’s neckline and continued with its decline into the formation’s territory.
QNBFS Daily Market Report September 17, 2023QNB Group
The QE Index declined 0.5% to close at 10,319.3. Losses were led by the Industrials and Consumer Goods & Services indices, falling 1.4% and 1.1%, respectively.
QNBFS Daily Technical Trader Qatar - September 07, 2023 التحليل الفني اليومي ...QNB Group
The General Index failed to
sustain its breakout above the
double-bottom formation’s
neckline and continued with
its decline into the
formation’s territory.
QNBFS Daily Technical Trader Qatar - September 06, 2023 التحليل الفني اليومي ...QNB Group
The General Index failed to sustain its breakout above the double-bottom formation’s neckline and continued with its decline into the formation’s territory.
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
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.
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
1. `
Page 1 of 6
Market Review and Outlook QSE Index and Volume
With only three days of trading, the Qatar Stock Exchange (QSE)
Index ended the week gaining 15.07 points, or 0.13%, to close at
11,433.75. Market capitalization remained unchanged at
QR602.4 billion (bn) as compared to the end of the previous
week. Of the 43 listed companies, 21 companies ended the week
higher, while 20 fell. Gulf International Services (GISS) was the
best performing stock for the week, with a gain of 5.6% on
1,297,676 shares traded. On the other hand, Gulf Warehousing
Co. (GWCS) was the worst performing stock with a decline of
5.5% on only 19,859 shares traded.
Ezdan Holding Group (ERES), GISS and Qatar Insurance Co. (QATI)
were the primary contributors to the weekly index gain. ERES was
the biggest contributor to the Index’s weekly gain, adding 23.1
points to the Index. GISS added 17.7 points to the Index, while
QATI contributed 7.1 points. On the other hand, Industries Qatar
(IQCD) contributed negatively to the Index, erasing 21.0 points
from the Index.
Trading value during the shortened week decreased by 51.2% to
reach QR644.5 million (mn) vs. QR1.32bn in the prior week. The
Banks and Financial Services sector led the trading value during
the week, accounting for 34.29% of the total trading value. The
Industrials sector was the second biggest contributor to the
overall trading value, accounting for 30.05% of the total trading
value. GISS was the top value traded stock during the week with
total traded value of QR79.3mn.
Trading volume decreased by 56.2% to reach 14.2mn shares vs.
32.5mn shares in the prior week. The number of transactions
decreased by 52.5% to reach 9,283 transactions versus 19,537
transactions in the prior week. The Real Estate sector led the
trading volume, accounting for 28.2%, followed by the Banks and
Financial Services sector, which accounted for 24.4% of the
overall trading volume. ERES was the top volume traded stock
during the week with total traded volume of 2.3mn shares.
Foreign institutions remained bearish during the week with net
selling of QR38.8mn vs. net selling of QR185.2mn in the prior
week. Qatari institutions turned bullish with net buying of
QR54.1mn vs net selling of QR19.7mn the week before. Foreign
retail investors turned bearish for the week with net selling of
QR708.9k vs. net buying of QR66.8mn in the prior week. Qatari
retail investors turned bearish with net selling of QR14.5mn vs.
net buying of QR138.0mn the week before. In 2015 YTD, foreign
institutions bought (on a net basis) ~$620mn worth of Qatari
equities.
Market Indicators
Week ended Sept.
22, 2015
Week ended Sept.
17, 2015
Chg. %
Value Traded (QR mn) 644.5 1,321.9 (51.2)
Exch. Market Cap. (QR mn) 602,407.2 602,391.7 0.0
Volume (mn) 14.2 32.5 (56.2)
Number of Transactions 9,283 19,537 (52.5)
Companies Traded 43 43 0.0
Market Breadth 21:20 11:32 –
Market Indices Close WTD% MTD% YTD%
Total Return 17,772.12 0.1 (1.1) (3.0)
All Share Index 3,042.52 0.2 (1.0) (3.4)
Banks/Financial Svcs. 3,103.19 0.2 0.7 (3.1)
Industrials 3,423.83 (0.6) (4.0) (15.2)
Transportation 2,432.30 (0.8) 2.2 4.9
Real Estate 2,657.67 0.8 (1.9) 18.4
Insurance 4,558.63 1.2 (3.4) 15.2
Telecoms 1,012.82 1.4 5.1 (31.8)
Consumer 6,694.14 0.6 (2.4) (3.1)
Al Rayan Islamic Index 4,308.49 (0.6) (2.6) 5.0
Market Indices
Weekly Index Performance
Regional Indices Close WTD% MTD% YTD%
Weekly Exchange
Traded Value ($ mn)
Exchange Mkt.
Cap. ($ mn)
TTM P/E** P/B** Dividend Yield
Qatar (QSE)* 11,433.75 0.1 (1.1) (6.9) 176.96 165,481.3 11.7 1.8 4.4
Dubai 3,632.66 0.2 (0.8) (3.7) 264.11 95,387.3# 11.7 1.1 7.2
Abu Dhabi 4,514.28 0.8 0.5 (0.3) 220.17 122,864.2 12.0 1.4 5.0
Saudi Arabia# 7,442.71 (0.4) (1.1) (10.7) 1,991.42 445,388.1 15.9 1.8 3.5
Kuwait 5,754.49 0.7 (1.1) (12.0) 159.76 89,297.2 14.3 1.0 4.5
Oman 5,765.42 0.4 (1.8) (9.1) 24.27 23,506.2 10.5 1.3 4.5
Bahrain 1,278.49 (0.4) (1.6) (10.4) 5.95 19,997.8 8.1 0.8 5.4
Source: Bloomberg, country exchanges and Zawya (** Trailing Twelve Months; * Value traded ($ mn) do not include special trades, if any; # Data as of September 21, 2015)
11,354.52
11,465.35
11,433.75
0
3,500,000
7,000,000
11,280
11,380
11,480
20-Sep 21-Sep 22-Sep
Volume QSEIndex
0.8% 0.7%
0.4%
0.2% 0.1%
(0.4%) (0.4%)
(1.0%)
0.0%
1.0%
AbuDhabi
Kuwait
Oman
Dubai
Qatar(QSE)*
SaudiArabia
Bahrain
2. Page 2 of 6
News
Economic News
Qatar to spend $220bn on major projects – Qatar is prioritizing
existing development projects in view of falling oil prices and
plans to award large-scale investment projects worth $220bn
over the next 10 years. Global credit rating agency Standard and
Poor's (S&P) said the investment program will focus on
infrastructure, education and health. S&P said it expects the
majority of the projects to be completed ahead of the 2022 FIFA
World Cup slated to be held in Qatar. The program will support
medium-term real economic growth, although it will contribute to
deterioration in fiscal and external balances, exacerbated by a
large fall in oil prices. Meanwhile, S&P affirmed its 'AA' long-term
and 'A-1+' short-term foreign and local currency sovereign credit
ratings on Qatar with a stable outlook. They also affirmed 'AA'
long-term issue ratings on the bonds issued by Qatari Diar
Finance and SoQ Sukuk A. (Zawya)
Qatar, France look to strengthen bilateral economic relations –
Qatar and France have explored options on mutual cooperation in
the areas of capital market in a bid to strengthen the bilateral
economic relations between the two countries. These were
discussed by the visiting delegation from France with the Qatar
Stock Exchange (QSE) officials at their recent meeting. French
Ambassador Eric Chevallier and Agathe Demarais, Economic
Adviser on Middle East Affairs at the French Ministry of Economy
& Finance; and the head of the Economic Department of the
French Embassy were part of the French delegation. (Gulf-
Times.com, QSE)
Qatar ranked fifth in Global Innovation Index – Qatar has been
ranked fifth in Northern Africa and Western Asia region in the
Global Innovation Index (GII) by leading business schools and
World Intellectual Property Organization. Meanwhile, Qatar has
been ranked third in the GCC region. In the category of Northern
Africa and Western Asia region, which has 19 countries, Cyprus is
second, Saudi Arabia third and the UAE fourth. In the overall
ranking of 141 countries around the world, Qatar has secured
50th rank. (Peninsula Qatar)
MEC awards QR1.3bn poultry firm contract – The Ministry of
Economy & Commerce (MEC) has awarded the first contract to a
private company to set up a QR1.3bn poultry company in Qatar as
part of its food security scheme. The project was awarded to Dar
Al Rayyan for Investment by the technical committee ‘for
encouraging private sector to participate in food security
projects’. The project aims to promote self-sufficiency in poultry
products by producing 40,000 tons of chicken and 7,500 tons of
eggs annually. This will be enough to meet 38% of the local
chicken demand. Currently, locally produced chicken meets only
7.7% of the demand and when the new company becomes
operational this will go up to 46%. As for eggs, the new company
will raise the share of the local produce to 42%, by adding 26.3%
to the existing 15.7%. The committee also conducted a study to
launch a similar project for dairy products involving the private
sector. It aims to reduce dependence on imported milk by
producing 20,000 tons of milk annually. (Peninsula Qatar)
QCB: NPL ratio of Qatari banks declined considerably in 2014; SIPS
transactions top QR3,211bn – According to the Qatar Central
Bank’s (QCB) latest financial stability report, the non-performing
loan (NPLs) ratio of local banks declined considerably in 2014,
indicating moderation of credit risk during the year. The growth
in NPLs during 2014 was merely 2.2% as compared to 25.8% in
2013. Intra-year variations indicate better asset quality
management in 2H2014. As in the previous two years, the share
of NPLs in the private corporate sector continued to moderate.
The share of NPLs outside Qatar after increasing for three years
was stable during 2014. The share of NPLs in the personal loans
category has been rising rapidly and the banks need to monitor
these loans more carefully to rein in the loans in this category. As
in the previous Financial Stability Reviews, stress-testing of credit
risk was done through potential deterioration in major segments
of private sector credit, viz. real estate, consumption and
contractors. The combined NPLs of these sectors were
progressively raised to find the breakeven point. The breakeven
capital adequacy ratio (CAR) has been raised to 12.5% as per the
capital requirements specified by the QCB under Basel III
guidelines for banks in Qatar. Meanwhile, the QCB said
transactions valued at QR3,211bn were processed through the
Systemically Important Payment Systems (SIPS) in Qatar during
2014, which indicates the growing popularity of electronic cash
settlement in the country. The QCB added the total value of all
transactions processed through SIPS accounted for 416% of the
country’s 2014 GDP. The total value of all transactions processed
through SIPS was 448% of 2013 GDP. (Gulf-Times.com)
Market & Corporate News
QNBK to disclose financial statements on October 7 – QNB Group
(QNBK) will announce its financial reports for the period ending
September 30, 2015 on October 7, 2015. (QSE)
KCBK to announce financials on October 20 – Al Khalij Commercial
Bank (KCBK) will announce its financial reports for the period
ending September 30, 2015 on October 20, 2015. (QSE)
IB-UK offers solutions for London investments – Qatar Islamic
Bank’s (QIBK) wholly-owned subsidiary, QIB-UK is offering
comprehensive and straight forward finance solutions for its
private customers interested in investing in the London real
estate market. As Eid Al Adha approaches, London remains a top
international destination for Qatari nationals travelling during the
break. With real estate in the thriving capital demonstrating solid
returns, it is a good time to consider a property investment. QIB-
UK, headquartered in London’s prestigious Mayfair district, is
situated to support interested customers throughout the process
of identifying real estate opportunities, accessing exclusive deals,
obtaining the required financing and efficiently concluding
transactions. (Peninsula Qatar)
ORDS outlines vision of ‘smart fleet’ future – Ooredoo (ORDS) has
outlined its vision for the “smart fleet” future of Qatar, which will
see transport companies use a range of innovative machine-to-
machine (M2M) solutions. ORDS’s Smart Fleet Management
Solution is an innovative cloud-based service that deploys GPS
and GSM technology to centralize and manage all transport-
related information, so that companies can plan fleet activities,
reduce operational costs and optimize resources. Meanwhile,
ORDS has pledged its commitment to the United Nations (UN)
Sustainable Development Goals (Global Goals), which aim to
eradicate extreme poverty, improve the lives of people and create
an all-round healthier world for tomorrow (Peninsula Qatar, Gulf-
Times.com)
3. Page 3 of 6
Qatar Stock Exchange
Top Gainers Top Decliners
Source: Qatar Stock Exchange (QSE) Source: Qatar Stock Exchange (QSE)
Most Active Shares by Value (QR Million) Most Active Shares by Volume (Million)
Source: Qatar Stock Exchange (QSE) Source: Qatar Stock Exchange (QSE)
Investor Trading Percentage to Total Value Traded Net Traded Value by Nationality (QR Million)
Source: Qatar Stock Exchange (QSE) Source: Qatar Stock Exchange (QSE)
5.6%
4.4%
3.1%
1.9% 1.8%
0.0%
2.0%
4.0%
6.0%
Gulf
International
Services
Doha
Insurance
Al Ahli Bank Ooredoo Qatar Islamic
Insurance
-5.5%
-5.2%
-3.5%
-2.7%
-2.5%
-6.0%
-4.0%
-2.0%
0.0%
Gulf Warehousing Qatar Cinema &
Film Distribution
Islamic Holding
Group
Aamal Mazaya Qatar
79.3
75.9
60.5 60.3
52.5
0.0
30.0
60.0
90.0
Gulf
International
Services
QNB Group Masraf Al
Rayan
Industries
Qatar
Ooredoo
2.3
1.8
1.4
1.3
0.7
0.0
1.0
2.0
3.0
Ezdan Real
Estate
Vodafone
Qatar
Masraf Al
Rayan
Gulf
International
Services
Ooredoo
0%
20%
40%
60%
80%
100%
Buy Sell
28.83% 31.08%
22.14% 13.75%
13.47%
13.58%
35.56% 41.59%
Qatari Individuals Qatari Institutions
Non-Qatari Individuals Non-Qatari Institutions
328
316
289
356
40
(40)
(100) - 100 200 300 400
Qatari
Non-Qatari
Net Investment Total Sold Total Bought
4. Page 4 of 6
TECHNICAL ANALYSIS OF THE QSE INDEX
Source: Bloomberg
Prior to Eid al-Adha holiday, volumes dropped significantly and with only three days of trading, the QSE Index inched up by only 0.13% vs the week before. Hence,
technical indicators did not move appreciably and our weekly expected support and resistance levels stay at 11,000 points and 12,000 points, respectively.
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. Page 5 of 6
Source: Bloomberg
Company Name
Price
(Sept 22)
% Change
WTD
% Change
YTD
Market Cap.
QR Million TTM P/E P/B Div. Yield
Qatar National Bank 185.00 (0.27) (13.10) 129,450 11.8 2.3 4.1
Qatar Islamic Bank 115.90 0.78 13.41 27,386 15.7 1.9 3.7
Commercial Bank of Qatar 56.00 0.36 (10.07) 18,291 9.7 1.1 5.7
Doha Bank 50.50 1.41 (11.40) 13,048 9.5 1.0 7.9
Al Ahli Bank 49.50 3.13 (0.27) 8,995 14.1 2.1 2.8
Qatar International Islamic Bank 74.80 (0.27) (8.45) 11,322 13.2 2.2 5.3
Masraf Al Rayan 42.50 (0.47) (3.85) 31,875 15.2 3.2 4.1
Al Khaliji Bank 21.30 1.38 (3.40) 7,668 12.6 1.3 4.7
National Leasing 18.07 1.75 (9.65) 894 N/A 0.8 4.7
Dlala Holding 19.93 0.15 (40.40) 566 N/A 2.0 N/A
Qatar & Oman Investment 13.65 (0.73) (11.36) 430 6.7 1.2 5.9
Islamic Holding Group 112.10 (3.45) (9.96) 448 30.8 7.2 2.7
Banking and Financial Services 250,375
Zad Holding 91.10 (0.98) 8.45 1,192 10.3 1.5 4.4
Qatar German Co. for Medical Devices 13.16 (1.20) 29.66 152 N/A 1.0 N/A
Salam International Investment 12.32 0.41 (22.27) 1,408 18.1 0.9 4.9
Medicare Group 165.50 0.30 41.45 4,658 23.7 5.3 1.1
Qatar Cinema & Film Distribution 38.00 (5.24) (5.00) 239 18.4 1.7 2.4
Qatar Fuel 154.50 1.64 (24.38) 13,049 11.4 2.0 5.8
Widam Food Co. 52.40 (0.76) (13.25) 943 15.4 4.0 4.8
Al Meera Consumer Goods 249.70 (0.76) 24.85 4,994 23.3 3.8 3.6
Consumer Goods and Services 26,635
Qatar Industrial Manufacturing 42.55 0.35 (1.85) 2,022 12.2 1.4 7.1
Qatar National Cement 104.50 1.46 (12.92) 5,644 13.3 2.1 3.5
Industries Qatar 123.60 (1.75) (26.43) 74,778 12.6 2.3 5.7
Qatari Investors Group 44.00 (1.12) 6.28 5,470 23.4 2.4 1.7
Qatar Electricity and Water 212.00 (1.35) 13.07 23,320 14.6 3.5 3.5
Mannai Corp. 98.40 0.51 (9.72) 4,489 9.2 2.1 6.1
Aamal 13.31 (2.70) (8.00) 8,385 13.2 1.2 7.2
Gulf International Services 62.50 5.57 (35.63) 11,615 7.5 3.1 8.8
Mesaieed Petrochemical Holding 20.66 (1.57) -30.0 25,956 20.1 1.9 5.3
Industrials 161,679
Qatar Insurance 94.00 1.29 19.32 17,354 18.4 3.0 2.3
Doha Insurance 24.00 4.35 (17.24) 1,200 13.5 1.1 4.2
Qatar General Insurance & Reinsurance 55.50 0.00 8.18 4,415 4.7 0.8 3.1
Al Khaleej Takaful Insurance 35.00 0.00 (20.77) 893 16.5 1.4 3.7
Qatar Islamic Insurance 74.30 1.78 (5.95) 1,115 14.9 3.6 5.4
Insurance 24,978
United Development 23.10 (0.86) (2.08) 8,179 12.0 0.8 5.4
Barw a Real Estate 42.95 (0.23) 2.51 16,713 2.7 0.9 5.1
Ezdan Real Estate 18.65 1.63 25.00 49,469 33.9 1.7 2.1
Mazaya Qatar Real Estate Development 15.60 (2.50) (14.46) 1,638 9.5 1.2 1.8
Real Estate 75,999
Ooredoo 76.00 1.88 (38.66) 24,344 17.0 1.1 5.3
Vodafone Qatar 13.50 0.15 (17.93) 11,413 N/A 2.2 1.6
Telecoms 35,757
Qatar Navigation (Milaha) 99.00 1.02 (0.50) 11,338 9.5 0.8 5.6
Gulf Warehousing 67.00 (5.50) 18.79 3,187 19.9 3.6 2.2
Qatar Gas Transport (Nakilat) 22.25 (1.11) (3.68) 12,460 13.1 3.1 5.4
Transportation 26,985
Qatar Exchange 602,407
6. Contacts
Saugata Sarkar Sahbi Kasraoui QNB Financial Services SPC
Head of Research Head of HNI Contact Center: (+974) 4476 6666
Tel: (+974) 4476 6534 Tel: (+974) 4476 6544 PO Box 24025
saugata.sarkar@qnbfs.com.qa sahbi.alkasraoui@qnbfs.com.qa Doha, Qatar
Disclaimer and Copyright Notice: This publication has been prepared by QNB Financial Services SPC (“QNBFS”) a wholly-owned subsidiary of QNB SAQ (“QNB”). QNBFS is regulated by the Qatar
Financial Markets Authority and the Qatar Exchange QNB SAQ is regulated by the Qatar Central Bank. This publication expresses the views and opinions of QNBFS at a given time only. It is not an offer,
promotion or recommendation to buy or sell securities or other investments, nor is it intended to constitute legal, tax, accounting, or financial advice. QNBFS accepts no liability whatsoever for any
direct or indirect losses arising from use of this report. Any investment decision should depend on the individual circumstances of the investor and be based on specifically engaged investment advice.
We therefore strongly advise potential investors to seek independent professional advice before making any investment decision. Although the information in this report has been obtained from
sources that QNBFS believes to be reliable, we have not independently verified such information and it may not be accurate or complete. QNBFS does not make any representations or warranties as to
the accuracy and completeness of the information it may contain, and declines any liability in that respect. For reports dealing with Technical Analysis, expressed opinions and/or recommendations
may be different or contrary to the opinions/recommendations of QNBFS Fundamental Research as a result of depending solely on the historical technical data (price and volume). QNBFS reserves the
right to amend the views and opinions expressed in this publication at any time. It may also express viewpoints or make investment decisions that differ significantly from, or even contradict, the views
and opinions included in this report. This report may not be reproduced in whole or in part without permission from QNBFS
COPYRIGHT: No part of this document may be reproduced without the explicit written permission of QNBFS.
Page 6 of 6