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وكالة الأنباء القطرية
Qatar Stock Exchange Faces Downward Trend Amid Q3 Outlook
Qatar Stock Exchange declined by 3.01% over the week, with the index dropping to 9,192 points, under pressure from six sectors, most notably the telecommunications sector, which recorded a loss of 4.67%. A financial analyst explained that the market is facing selling pressures that led to a breach of the support level at 9,532 points, with the possibility of testing lower levels that could reach 8,770 points if the pressures continue and no new catalysts emerge. It is expected that the third-quarter financial results will indicate a key support level, as corporate earnings could significantly boost confidence and enhance the chances of a market recovery, especially amid a balance of liquidity and current risks.
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