'Avoid Random Selling Of Shares Currently On QSE'

2025-06-20 03:02:15

(MENAFN- The Peninsula) QNA

Doha: The Qatar Stock Exchange (QSE) index closed the week down 3.44 percent, losing 365,360 points, to 10,261 points, compared to last week's close.

This decline stemmed from pressure from various sectors, with the transportation sector recording the largest decline this week, falling 6.65 percent, followed by the telecommunications sector, which declined 5.67 percent.

Regarding the QSE's performance this week, financial market analyst Youssef Bouhlaiqa told Qatar News Agency (QNA) that investors should approach the market with caution, avoid random selling, and hold onto their shares for the time being. He noted that if liquidity is available, opportunities will be available and prices will be attractive for buying, especially for shares of leading companies.

He anticipated that local portfolios would boost their purchasing activity in the event of a change or decline in demand for listed companies' shares, especially since these portfolios have the potential and capacity to boost the performance of the QSE.

The financial markets analyst attributed the weekly decline in the QSE index to speculation in the markets by individual investors seeking to seize opportunities or strengthen their positions in companies with strong fundamentals, particularly on the QSE. He considered the picture still murky and that the current situation is unsustainable due to investor uncertainty.

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