Qatar Stocks Rally 140 Points As Market Posts Sharp Gains

(MENAFN- The Peninsula) Deepak John | The Peninsula

Doha, Qatar: The shares in Qatar’s stock market witnessed a notable bounce-bank as the Qatar Stock Exchange (QSE) index surged 139.59 points or 1.38 percent, yesterday to close at 10,290.29 points helped by strong buying interest from investors.

The QSE general index declined at the end of trading on Tuesday by 1.4 percent to close at 10,150.7 points.

During yesterday’s session the volume of shares traded stood at 144.464 million from 213.914 million on Tuesday and the value of shares reached QR512.084m as a result of implementing 37,004 deals in all sectors.

In the session, the shares of 38 companies rose, while the prices of 15 companies decreased, and four companies maintained their previous closing price.

At the end of the trading session, the market capitalisation reached QR607.372bn, compared to QR600.348bn in the previous session. The indices of all seven sectors ended in green zone, yesterday.

QSE figures attributed the recorded rise to the positive performance of the banks and financial services 1.61% to 5,136.10, industrials 0.27% to 3,953.81, transportation sector by 0.54% to 5,319.07, real estate 0.49% to 1,448.07, insurance 0.89% to 2,746.46, telecoms 2.37% to 2,326.83 and consumer goods and services sector 0.78% to 8,302.95.

QSE Total Return Index gained 1.38% to 25,325.14, QSE Al Rayan Islamic index added 1.14 percent to 5,046.95 points and QSE All Share Index rose 1.23 percent to 3,988 points.

Top gainers in yesterday’s trade were Qatar General Insurance and Reinsurance, Commercial Bank, Ooredoo, Qatar Islamic Bank, and QLM Life and Medical Insurance rising by 9.4%, 3.3%, 3.2%, 3.05% and 2.9% respectively.

Meanwhile top losers were Qatar Cinema and Film Distributing, Damaan Islamic Insurance Company, Doha Bank, Lesha Bank (QFC), and Ahli Bank declining 9.7%, 5.05%, 1.2%, 1.02%, and 0.9% respectively.

The banking sector emerged as a key driver with Qatar National Bank gaining 1.18%, Qatar Islamic Bank rising by 3.05%, Commercial Bank rose 3.37% while Doha Bank and Ahli Bank saw a slight decline of 1.20% and 0.92%.

The insurance sector also performed well with Qatar General Insurance 9.45%, QLM gaining 2.97%, and AlKhaleej Takaful increasing by1.93%.

The industrial sector showed steady growth as it saw National Cement Company rise by 1.32%, QAMCO gaining 0.29%, Industries Qatar was up by 1.17%, and Zad Holding Company 0.34%.

The telecommunications sector saw gain with Ooredoo rising by 3.23%, while Vodafone Qatar saw a slight decline 0.69%.

Qatari market relies on leading companies with strong financial positions and stable cash dividends, in addition to attractive valuation levels compared to many global markets. The current and future price-to-earnings ratios (a method for evaluating share price relative to company earnings) reflect significant investment opportunities for long-term investors.

The investors are awaiting the release of the remaining companies listed on the QSE’s financial results for the fourth quarter of 2025. These results represent a crucial juncture for evaluating company performance and determining market trends in the coming period, especially given the positive outlook for several vital sectors such as banking, industry, and energy.

Recently, the credit rating agency Capital Intelligence has affirmed the rating of Qatar National Bank (QNB) at AA with a stable outlook.

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