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Source:
وكالة الأنباء القطرية
Analyst links Qatar market to regional stability
A report stated that the Qatar Stock Exchange index ended the week with a growth of 1.93%, gaining 191.56 points to reach 10,112.25 points. This increase was supported by rises in six sectors, despite declines in the services and consumer goods sectors. Financial analyst Mohammed Salem Al-Darwish explained that efforts to de-escalate tensions in the region have contributed to supporting the market. He expects the index to maintain its gains and stay above the 10,000-point level, especially given signs of calming tensions and the proximity of an agreement to reopen the Strait of Hormuz, which would enhance the sustainability of Qatar's economic growth and the solidity of listed companies. The insurance sector recorded the largest gains at 3.52%, followed by telecommunications at 3.51%, and transportation at 3.48%. During the week, the market saw transactions worth over 1.69 billion riyals, involving more than 678 million shares across 124,383 deals.
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