Doha: The Qatar Stock Exchange (QSE) index ended this week's trading with a rise of 0.35 percent, adding 36.770 points to its balance, rising to the level of 10,644 points, supported by the performance of the consumer goods and services sector, which achieved the highest gains with 1.620 percent, followed by the telecommunications sector with 0.960 percent.
According to Qatar News Agency, financial analyst Mubarak Al Tamimi stated that current stock prices, particularly for leading stocks, are very suitable, enhancing investment opportunities in the short and medium term. He explained that investors have the potential to achieve dual objectives: benefiting from anticipated dividend distributions and realizing capital gains from subsequent rises in stock prices.
Al Tamimi anticipated that the index would begin another upward phase following the completion of the FTSE Russell review on Dec. 17. This expected uptrend is likely to coincide with the announcement of the 2025 results for listed companies, which are predicted to show profit growth rates ranging between 7 and 8 percent. Such growth is anticipated to serve as a strong incentive for liquidity inflow and the resurgence of buying momentum.
He also noted that the QSE's performance was influenced by the recent implementation of the Morgan Stanley "MSCI" index review. The review led to the removal of Gulf Warehousing Company from the small capital companies index, impacting the market at the close of trading last Monday.