The Qatar Stock Exchange surge continued this week, with investors reacting positively to the Iran-Israel ceasefire. The main index soared 424 points, marking a 4.13% weekly increase. Market capitalisation jumped by QR25.63bn, reaching QR631.04bn. The strong sentiment uplift came as peace hopes improved regional stability.
Foreign institutional investors played a big role in the Stock market of Qatar. Their net buying reached QR719.93mn, significantly higher than last week’s QR109.13mn. They led gains across most sectors, especially transport, telecom, and real estate, which rose by 7.74%, 7.5%, and 6.31%, respectively.
The Qatar Central Bank held interest rates steady this week. Analysts say this provided additional support to investor sentiment. One analyst noted that “the ceasefire’s sustainability” remains crucial to maintaining momentum in the markets.
Arab individual investors also contributed to the stock bazaar of Qatar. They shifted to net buyers with QR40.65mn, reversing their previous week’s trend. Meanwhile, Gulf institutions added QR10.46mn in net buying, showing renewed interest in Qatari assets.
Doha Bank saw two major developments this week. Moody’s affirmed its ratings, and it entered the euro debt market with a €500mn syndicated facility. These moves attracted global investors, including from Europe.
Commercial Bank also issued QR500mn in bonds with a 4.90% coupon, reflecting solid demand. On the other hand, domestic institutions sold QR634.55mn in shares, locking in profits after recent gains.
Local and foreign individual investors were also net sellers, booking profits. Local retail investors sold QR101.93mn, while foreign individuals sold QR20.43mn. Gulf retail investors followed suit, with QR14.42mn in net selling.
Trade activity in the main market rose in volume but dipped slightly in value. The main market handled 1.22bn shares, valued at QR3.02bn. Meanwhile, the venture market saw a significant spike in activity. Trade volumes more than doubled to 0.32mn shares, and value also more than doubled to QR0.88mn.
Sectors such as industrials and consumer goods dominated total trade volume. Key gainers included Mannai Corporation, Widam Food, QNB, Qatar Islamic Bank, and Ooredoo. In the venture market, Techno Q also posted notable gains.
Overall, the Qatar Stock Exchange surge reflected a broad-based recovery driven by geopolitical relief and investor optimism.
