Posted on July 08, 2018

The QE Index recorded an increase of 5.52% to the end of June 2018 to reach 9,024 points compared to 8,620 at the beginning of the year. As a result, Qatar Stock Exchange ranked second in terms of GCC market index performance, after Tadawul which increased by 15.51%. The Abu Dhabi Securities Market was third with 3.32% index rise, while the Kuwait Exchange recorded a decrease of 6.20% and the Dubai Financial Market witnessed the largest drop of 16.91%.

 

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Change %

TASI

7171.74

8283.99

15.51%

QSE

8620.26

9095.84

5.52%

ADX

4441.99

4589.37

3.32%

KSE

4892.87

4589.37

-6.20%

DFM

3411.17

2834.31

-16.91%

The average daily traded value on QSE has recorded continuous increases in the first half over the last three years; the average daily traded value in the first half of 2016 was 286.67 Million QR. In the same period of 2017 it rose 14.2% to reach 327.41 Million QR, and increased by a further 2.5% in the 1st half of 2018 to reach 335.48 Million QR.

 

Increase in QE Index, Trading 2 [qatarisbooming.com].jpgQatar Stock Exchange ranks second after Tadawul in terms of Market Capitalization

Although Qatar Stock Exchange is the lowest number of listed companies at 45, it is ranked second, after the Saudi Market which has 181 listed companies, in terms of market capitalization. At the end of the first half of 2018, the market capitalization in Qatar Stock Exchange reached 135 Billion USD, with the Saudi Market valued at 528 Billion USD. The Abu Dhabi Securities Exchange, with 63 listed companies, has a 133 Billion USD market capitalization, followed by the Dubai Financial Market with 96 Billion USD and the Kuwait Stock Exchange, with 156 listed companies, valued at 91 Billion USD.

Foreign Investment in Qatar Stock Exchange in the first half of 2018

The first half of 2018 witnessed an upsurge in activity by foreign investors, with buying transactions increasing by 41% compared to the same period in 2017, reaching 21.8 Billion QR. Sell transactions increased by 21% to a 17.6 Billion QR. Increases were largely attributed to the results of the periodic reviews by FTSE Russell and MSCI at the end of the first half of 2018.  
Increase in QE Index, Trading 3 [qatarisbooming.com].jpg

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