+ A
A -
QNA
Doha
Qatar Stock Exchange (QSE) index declined at the end of trading this week of May, recording a decline for the third week in a row, as it lost about 413,310 points during the week, a decrease of 3.140 percent, to settle at the level of 12,730 points, compared to the last week..
In this context, the financial analyst Nidal Al Khouli affirmed, in his reading of the weekly developments of Qatar Stock Exchange index, that the decline in the index during the past few weeks is due to a number of factors, perhaps the most prominent of which is the profit-taking operations that followed the record levels achieved in the last period, considering that it is very logical that there will be a corrective movement during this period.
Speaking to Qatar News Agency (QNA), Al Khouli said that the events that Qatar will host during the remainder of this year, especially in the last quarter of 2022, similar to the FIFA World Cup Qatar 2022, its reflection will be clear on various economic activities, and it will protect the Qatar Stock Exchange and the index from the rebounds and major shocks that the global stock exchanges are witnessing.
The financial analyst pointed out that what is happening at the international level in terms of rising interest rates and the accompanying decisions by central banks to raise interest rates contributed to the existence of alternatives among investors and their orientation more towards deposits and investment in treasury bills issued by countries with higher returns than those provided by stocks, which contributed to the withdrawal of liquidity from the stock exchanges and thus led to the decline recorded in the markets.
The weekly report of Qatar Stock Exchange pointed to a decline in the market value of shares at the end of trading of the week to reach QR 715.731 billion, compared to its level last week of QR 743.181 billion, a decrease of 3.69 percent.
Al Khouli recalled the results achieved by Qatari companies during the first quarter of this year, which in turn, from his point of view, will contribute to enhancing the confidence of investors during the coming period in the solidity of Qatari companies and behind them the national economy.
The report indicated that the value of trading on shares this week amounted to QR 4.039 billion, through the sale of 941.068 million shares, executed by concluding 122,432 deals.
At the conclusion of his analysis of the weekly Qatar Stock Exchange index, Al Khouli stressed that the various global markets are in a state of anticipation for the decisions that can be taken by economic decision-makers in the coming period, aimed at curbing inflation, which may be accompanied by stricter trends that affect the markets.
Doha
Qatar Stock Exchange (QSE) index declined at the end of trading this week of May, recording a decline for the third week in a row, as it lost about 413,310 points during the week, a decrease of 3.140 percent, to settle at the level of 12,730 points, compared to the last week..
In this context, the financial analyst Nidal Al Khouli affirmed, in his reading of the weekly developments of Qatar Stock Exchange index, that the decline in the index during the past few weeks is due to a number of factors, perhaps the most prominent of which is the profit-taking operations that followed the record levels achieved in the last period, considering that it is very logical that there will be a corrective movement during this period.
Speaking to Qatar News Agency (QNA), Al Khouli said that the events that Qatar will host during the remainder of this year, especially in the last quarter of 2022, similar to the FIFA World Cup Qatar 2022, its reflection will be clear on various economic activities, and it will protect the Qatar Stock Exchange and the index from the rebounds and major shocks that the global stock exchanges are witnessing.
The financial analyst pointed out that what is happening at the international level in terms of rising interest rates and the accompanying decisions by central banks to raise interest rates contributed to the existence of alternatives among investors and their orientation more towards deposits and investment in treasury bills issued by countries with higher returns than those provided by stocks, which contributed to the withdrawal of liquidity from the stock exchanges and thus led to the decline recorded in the markets.
The weekly report of Qatar Stock Exchange pointed to a decline in the market value of shares at the end of trading of the week to reach QR 715.731 billion, compared to its level last week of QR 743.181 billion, a decrease of 3.69 percent.
Al Khouli recalled the results achieved by Qatari companies during the first quarter of this year, which in turn, from his point of view, will contribute to enhancing the confidence of investors during the coming period in the solidity of Qatari companies and behind them the national economy.
The report indicated that the value of trading on shares this week amounted to QR 4.039 billion, through the sale of 941.068 million shares, executed by concluding 122,432 deals.
At the conclusion of his analysis of the weekly Qatar Stock Exchange index, Al Khouli stressed that the various global markets are in a state of anticipation for the decisions that can be taken by economic decision-makers in the coming period, aimed at curbing inflation, which may be accompanied by stricter trends that affect the markets.
