'Market Witnesses Corrections, Financial Positions Building For Investors'

2025-09-05 02:35:48

(MENAFN- The Peninsula) QNA

Doha: The Qatar Stock Exchange (QSE) index ended this week's trading down 1.14 percent, or 127.63 points, to reach 11,099 points.

The market's decline was driven by a 1.9 percent decline in the industrial sector, a 1.04 percent decline in banking and financial services, a 0.79 percent decline in consumer goods and services, a 0.61 percent decline in real estate, and a 0.53 percent decline in transportation. The insurance sector rose alone, rising 0.06 percent, while the telecommunications sector remained stable.

Regarding the stock market's performance this week, financial analyst Mubarak Al Tamimi told Qatar News Agency (QNA) that the index's decline this week is attributed to corrections and profit-taking. He pointed out that the index surged from resistance levels at 10,800 points to reach 11,743 points during the past period, and that the index witnessed a significant increase during that period, with a rise in market capitalization, trading values, and trading volumes.

He added that the current decline is normal after the market's recent surge, noting that corrections provide an opportunity for investors to build their financial positions. He noted that if the market closes above 11,150 points, it may decline again to 10,972 points. Technically, this means retesting and exchanging roles and buying zones.

The QSE's weekly report revealed that stock trading reached approximately QR 1.647 billion, with 574.934 million shares sold in 96,797 transactions.

This month, the market awaits the announcement of the dates for the disclosure of listed companies' financial statements for the third quarter of 2025. The same month will also witness the implementation of the FTSE Russell Semi-Annual Review of the Emerging Markets Indices, which will take effect after the closing date on September 18th for the Qatari market. According to the review, companies have been included in the FTSE indices, namely“Investment Holding” in the mid-cap index, while“Aamal”,“Al Mahhar Holding”, and“Doha Insurance Group” were included in the smaller-cap index.

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