Muscat: The Qatar Stock Exchange (QSE) index ended this week's trading up 0.4 percent, adding 44.98 points to its tally, rising to the level of 11,355 points, supported by the performance of the insurance sector, which achieved the highest gains with 3.71 percent, followed by the transportation sector with 1.720 percent and the banking and financial services sector with 1.40 percent, while the real estate sector recorded the largest declines with 1.460 percent.
According to Qatar News Agency, financial market analyst Youssef Buhulaiqa anticipated the QSE to continue its positive trajectory in the coming period, with the general index potentially achieving further gradual gains, supported by company results, expected distributions, and stable economic and monetary factors, which will enhance the chances of maintaining positive and stable levels in the short and medium term.
Buhulaiqa said that the QSE index succeeded in maintaining its balance, benefiting from the strength of local economic fundamentals and the attractiveness of the investment environment, at a time when global markets are experiencing uncertainty, as investors worldwide are turning to safe assets.
He added that economic data and indicators point to continued strong growth in Qatari economic activity, supported by infrastructure projects, government spending and the stability of the financial sector, coinciding with the emergence of positive technical signals indicating that the QSE's general index is stabilizing above the 11,250-point level, which is an important technical and psychological level that enhances the chances of continued positive performance and limits selling pressures in the short term.
Concluding his remarks to QNA, financial market analyst Youssef Buhulaiqa pointed out that with the approach of the general assembly season for listed companies, the market is increasingly anticipating announcements of cash dividends and bonus shares for 2025, which constitutes one of the main drivers of liquidity movement during the coming period, especially in leading stocks with stable returns.