Qatar Stock Exchange Daily Report - July 31, 2024
Stay updated with the latest market insights from the Qatar Stock Exchange for July 31, 2024. Explore sector performance, top gainers and losers, market commentary, and more.
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Daily Report of the Qatar Stock Exchange July 31, 2024 QSE Daily report
Market Overview Sector Daily % MTD YTD TradedValue in QRm IndexInfo Closing Daily Chg. MTD 3 Months YTD 52-Week High 52-Week Low Chg. from Highest Level Chg. from Lowest Level 10,154.05 0.04% 1.87% 1.87% -6.25% 11,129.9 9,165.6 -8.77% 10.78% Banks& Financial Insurance Consumer & Services Real estate Industrial Transportation Telecom 0.27% 0.14% -0.53% -0.13% 0.17% -0.59% 0.08% 4.85% 0.37% 1.65% 0.46% 1.35% -0.51% 1.84% -5.62% -13.56% 0.16% 2.07% 1.96% 28.79% -4.13% 404.7 359.6 302.0 285.9 209.8 25-Jul-24 28-Jul-24 29-Jul-24 30-Jul-24 31-Jul-24 IndexTrading Info TradedValue (QRm) Prev. Traded Value (QRm) Chg. in Traded Value # Companies Up/ Down Avg. Daily Trading Value (YTD) MarketCap (QRb) Index Chart Top Gainers Close Chg.% 359.6 404.7 404.72 285.93 41.54% 20/ 26 474.12 588.60 QLMI QIBK DBIS QISI SIIS 2.10 19.70 1.22 8.25 0.68 1.50% 1.29% 0.91% 0.61% 0.59% 302.0 285.9 209.8 25-Jul-24 28-Jul-24 29-Jul-24 30-Jul-24 31-Jul-24 Most Active (value) Traded ValueQRm % ofTotal Top Losers Close Chg.% Top Index Movers % Chg. Pointsadded QNBK QIBK QGTS QAMC VFQS 107.3 44.7 28.6 18.7 15.2 36.1% 15.0% 9.6% 6.3% 5.1% MHAR TQES QGTS MERS UDCD 1.95 3.10 4.50 14.64 1.10 -2.70% -2.42% -1.10% -1.08% -1.08% QIBK IQCD MARK ORDS BRES 0.25% 0.06% 0.01% 0.03% 0.01% 18.64 6.62 1.56 1.30 0.97 QSE Daily Market Update 2
Market Commentary TheQEIndexendedthedayonaflatnote,increasingbyonly +0.04%. It reached a high of 10,171 during the end of the tradingsession,toclosebackdownat10,154.05.Sectorwise, banking was the best performing, up +0.27% driven by QIB (+1.28%), while the worst performing sector was Transportation down -0.59% due to QGTS (-1.1%). Total trading value was up compared to yesterday at QAR 404.7 million. Ooredoo s ORDS netprofit for thefirst half of2024 was upby+4.3%comparedtothesameperiodlastyear,foratotal of QAR 1.87 billion. In contrast, the net profit of Alkhaleej Takaful Insurance AKHI decreased by -1.87% for H1 2024comparedtoH12023,toreachQAR42.76million. The Ministry of Finance announced today that the country s budget for the second quarter of 2024 recorded a surplus of QAR 2.6 billion and the surplus was directed towards reducingpublicdebt. 0% -2% -4% -6% -8% -10% -12% -14% -16% 8-Jun 18-Jun 28-Jun 8-Jul 18-Jul 28-Jul 9-May 19-May 29-May 10-Mar 20-Mar 30-Mar 31-Dec 9-Feb 19-Feb 29-Feb 9-Apr 19-Apr 29-Apr 10-Jan 20-Jan 30-Jan QE Index Al Rayan Islamic Index -6.25% -5.77% QSE Daily Market Update 3
Market Indices Country Index Index Value Daily % MTD % YTD % 52W High 52W Low Qatar Saudi Arabia Dubai Abu Dhabi Kuwait Muscat Bahrain Egypt Jordan Europe UK Germany France Spain Italy USA USA USA Canada Japan Hong Kong China QE Index TadawulAll Share Index DFM General Index FTSE ADX General Index Boursa Kuwait Premier MSX 30 Bahrain Bourse All Share Index EGX 30 ASE General Index EuroStoxx50 FTSE 100 DAX CAC 40 IBEX FTSE MIB Dow Jones Indus. Avg Nasdaq Composite S&P 500 Index S&P Canada Nikkei 225 Hang Seng Index CSI 300 10,154.1 12,073.7 4,268.1 9,339.0 7,899.5 4,661.6 1,969.9 29,318.2 2,407.1 4,893.7 8,392.9 18,504.4 7,581.1 11,094.9 33,994.4 40,743.3 17,147.4 5,436.4 22,824.7 39,101.8 17,344.6 3,442.1 0.04 0.09 -0.37 -0.61 0.74 -0.05 -0.44 1.17 -0.25 0.94 1.29 0.42 1.26 -0.96 0.11 0.50 -1.28 -0.50 0.20 1.49 2.01 2.16 1.87 3.39 5.91 3.07 4.72 -0.55 -2.75 5.81 0.57 -0.15 2.66 1.39 1.20 1.38 2.38 4.15 -3.30 -0.44 4.34 -1.22 -2.11 -0.57 -6.25 0.91 5.13 -2.49 5.65 3.27 -0.08 18.01 -0.99 8.08 8.38 10.37 0.34 9.83 11.84 8.10 14.23 13.98 8.90 16.85 1.74 0.32 11,129.9 12,883.3 4,405.7 10,051.6 8,219.1 4,865.3 2,090.7 34,501.9 2,509.0 5,121.7 8,474.4 18,892.9 8,259.2 11,469.9 35,474.3 41,376.0 18,671.1 5,669.7 22,996.1 42,426.8 20,361.0 4,064.4 9,165.6 10,262.4 3,729.6 8,709.1 6,899.5 4,470.2 1,912.4 17,379.7 2,343.7 3,993.1 7,215.8 14,630.2 6,773.8 8,879.3 27,078.5 32,327.2 12,543.9 4,103.8 18,692.1 30,487.7 14,794.2 3,108.4 GCC & Arab Markets European Markets American Markets Asian Markets QSE Daily Market Update 4
YTD Stock Performance WDAM 36.0% MHAR 31.3% QGTS 27.8% QGMD 27.4% GISS 25.3% MEZA 23.4% QNNS 22.2% BLDN 16.0% MERS 6.2% ABQK 4.3% GWCS 4.3% UDCD 3.4% QETF 2.7% IHGS 2.1% DOHI 2.1% ZHCD 1.3% IQCD 0.1% SIIS -0.4% QFBQ -1.9% QIIK -2.4% BEMA -2.5% NLCS -2.5% BRES -4.0% QIGD -4.9% QATR -5.2% DUBK -5.8% AHCS -6.0% QNCD -6.2% MPHC -6.4% QCFS -6.8% QAMC -7.1% QISI -7.3% QNBK -7.5% DBIS -7.7% MCCS -8.3% ORDS -8.3% QIBK -8.4% MKDM -9.3% IGRD -10.3% ERES -11.1% QFLS -11.1% VFQS -11.4% QIMD -11.6% MARK -12.2% MRDS -15.8% QLMI -15.9% QEWS -18.2% AKHI -18.9% QATI -18.9% DHBK -19.0% QOIS -20.2% FALH -21.5% MCGS -24.8% CBQK -32.6% QGRI -37.8% QSE Daily Market Update 5
Technical Analysis Traded Value QRm 0.19 44.74 10.57 0.78 4.50 0.47 8.96 4.26 10.20 0.92 0.07 13.98 9.76 1.99 11.41 0.34 7.70 10.36 6.84 1.21 1.03 0.00 4.45 5.04 0.00 #VALUE! Traded Value QRm #VALUE! 0.04 8.80 1.17 1.50 1.02 0.65 1.13 0.06 107.32 18.69 9.40 1.45 8.22 0.06 7.01 1.77 0.57 15.24 4.05 5.79 6.09 0.58 11.98 2.33 28.62 52-Week High 52-Week Low MA 20 Days MA 50 days MA 200 days 52-Week High 52-Week Low MA 20 Days MA 50 days MA 200 days Closing P. Daily MTD YTD RSI 14 Closing P. Daily MTD YTD RSI 14 QLMI QIBK QIIK DBIS QISI SIIS IQCD BRES GISS QOIS DOHI ORDS QGMD ERES MARK MKDM DUBK QFBQ QNNS QNCD MCCS ABQK AKHI QEWS FALH QCFS 2.101 19.700 10.430 1.219 8.250 0.680 13.090 2.779 3.456 0.759 2.440 10.450 1.848 0.763 2.330 3.639 3.746 1.298 11.850 3.701 3.852 3.778 2.410 15.380 0.665 2.702 1.50% 1.29% 1.16% 0.91% 0.61% 0.59% 0.46% 0.43% 0.41% 0.40% 0.37% 0.29% 0.27% 0.26% 0.26% 0.22% 0.16% 0.15% 0.08% 0.03% 0.03% 0.00% 0.00% 0.00% 0.00% 0.00% 3.140 22.090 11.440 1.900 9.624 0.787 14.330 3.180 3.459 1.040 2.630 11.690 2.508 1.155 2.665 4.299 4.350 1.631 12.090 4.487 5.849 4.176 3.575 18.800 1.000 3.630 1.899 16.810 9.000 1.153 7.861 0.570 11.260 2.450 2.010 0.736 1.950 8.900 1.169 0.759 1.890 3.506 3.445 1.205 8.759 3.401 3.522 3.333 2.280 14.500 0.642 2.522 4.63% 5.91% 3.06% -2.79% 3.00% 0.00% 1.63% 1.79% 6.31% -3.19% -1.41% 2.65% -3.09% -0.26% 0.04% 1.59% 1.22% 1.88% 3.04% 2.69% 0.60% 2.11% 1.39% -1.60% -3.76% -6.83% -15.93% -8.37% -2.43% -7.65% -7.29% -0.44% 0.08% -3.97% 25.26% -20.19% 2.09% -8.33% 27.36% -11.07% -12.24% -9.32% -5.76% -1.89% 22.16% -6.23% -8.31% 4.31% -18.86% -18.19% -21.49% -6.83% 2.033 19.440 10.513 1.229 8.044 0.682 13.133 2.776 3.376 0.766 2.418 10.433 1.870 0.779 2.329 3.634 3.777 1.287 11.607 3.709 3.902 3.754 2.396 15.521 0.678 2.702 1.999 18.454 10.281 1.238 8.116 0.674 12.514 2.822 3.257 0.785 2.436 10.018 1.861 0.785 2.346 3.620 3.701 1.302 11.262 3.616 3.936 3.742 2.396 15.250 0.685 2.781 2.272 18.896 10.344 1.288 8.583 0.662 12.475 2.813 2.901 0.863 2.387 10.266 1.551 0.831 2.397 3.797 3.856 1.317 10.461 3.724 4.003 3.786 2.693 16.442 0.765 2.943 59 63 55 43 60 47 55 45 69 37 51 54 46 38 46 50 48 53 62 55 42 52 53 49 37 41 QGRI QATI BLDN ZHCD QIMD NLCS IHGS MRDS BEMA QNBK QAMC CBQK QIGD WDAM AHCS MPHC MCGS MEZA VFQS IGRD QFLS DHBK GWCS UDCD MERS QGTS 0.915 2.100 1.420 13.680 2.652 0.711 4.235 0.609 3.890 15.290 1.300 4.179 1.563 3.210 0.794 1.673 4.130 3.540 1.690 1.880 14.740 1.483 3.266 1.101 14.640 4.500 0.00% -0.05% -0.07% -0.07% -0.11% -0.14% -0.14% -0.16% -0.26% -0.26% -0.31% -0.31% -0.32% -0.34% -0.38% -0.42% -0.46% -0.56% -0.59% -0.74% -0.74% -0.80% -0.82% -1.08% -1.08% -1.10% 1.492 2.670 1.570 15.130 3.186 0.915 5.280 0.994 4.055 17.150 1.505 6.350 1.917 3.290 0.916 2.050 6.319 3.844 1.950 2.250 17.000 1.865 3.520 1.321 15.000 4.794 0.881 1.956 1.050 12.330 2.461 0.644 3.557 0.607 3.511 12.830 1.173 3.756 1.427 1.711 0.733 1.499 3.950 2.220 1.620 1.800 13.450 1.333 2.890 0.900 11.950 3.061 -0.65% 0.00% 8.98% 9.00% 6.16% 0.99% -6.82% -2.40% 0.08% 4.37% -2.48% -2.70% 1.03% 17.15% 4.47% 1.70% -3.53% 1.03% -0.76% -3.98% -0.54% 1.85% -1.77% -0.90% 2.31% -3.06% -37.76% -18.92% 16.01% 1.33% -11.60% -2.47% 2.12% -15.77% -2.46% -7.50% -7.14% -32.60% -4.87% 36.02% -6.04% -6.43% -24.76% 23.39% -11.38% -10.26% -11.10% -18.96% 4.28% 3.38% 6.16% 27.84% 0.920 2.113 1.366 13.687 2.545 0.718 4.349 0.620 3.856 15.083 1.331 4.140 1.580 2.977 0.796 1.679 4.261 3.532 1.723 1.927 14.894 1.462 3.335 1.126 14.624 4.593 0.955 2.101 1.333 13.030 2.532 0.716 4.363 0.636 3.805 14.371 1.354 4.074 1.559 2.772 0.777 1.693 4.266 3.561 1.697 1.938 14.756 1.429 3.334 1.153 14.140 4.430 1.103 2.280 1.239 13.505 2.773 0.722 4.056 0.688 3.806 14.946 1.324 4.828 1.629 2.332 0.809 1.737 4.736 3.075 1.764 1.977 15.271 1.558 3.223 1.073 13.439 3.871 45 48 67 54 69 47 41 37 59 70 32 58 48 71 55 49 43 54 44 38 51 62 41 42 60 52 QSE Daily Market Update 6
Fundamental Analysis Net Inc Q1 2024 17.44 955.14 335.19 -4.99 43.01 11.33 1,280.50 238.23 161.17 0.56 71.40 912.93 0.28 95.45 406.07 10.51 405.02 28.77 365.18 51.37 28.03 196.22 27.03 318.49 1.90 2.35 NI % Q1 2023 TTM EPS -12.95% 5.50% 6.10% -109.89% 46.81% 63.15% 9.83% 1.16% 76.12% -87.65% 8.87% -4.96% 5.49% 4.85% 5.49% 8.62% 2.50% 30.08% 0.52% -19.86% 130.67% 7.37% -4.24% -20.51% 70.30% 17.74% Div./Shar e 0.13 0.73 0.45 0.00 0.50 0.00 0.78 0.18 0.15 0.00 0.20 0.55 0.00 0.00 0.10 0.00 0.16 0.00 0.38 0.30 0.25 0.25 0.12 0.86 0.00 0.07 Net Inc Q1 2024 17.99 194.56 48.25 44.16 36.47 4.77 3.64 7.08 16.16 3,855.76 85.59 760.67 43.46 10.53 94.02 194.02 19.77 11.66 150.11 111.70 243.47 231.32 50.88 72.49 50.79 419.76 NI % Q1 2023 TTM EPS -60.02% 12.36% 141.04% 5.84% -24.33% 16.43% 182.28% -30.63% 18.19% 7.28% -7.60% 41.84% -20.23% 160.61% 7.46% -27.77% 5.10% N/A 12.53% 10.36% 9.07% 10.87% -17.25% -17.64% 17.59% 6.14% Div./Shar e 0.00 0.10 0.00 0.65 0.13 0.00 0.00 0.00 0.18 0.65 0.07 0.25 0.15 0.00 0.00 0.09 0.22 0.00 0.11 0.00 0.90 0.08 0.10 0.06 0.85 0.14 Daily Daily Closing P. P/E P/B RoE RoA Div. Yield Closing P. P/E P/B RoE RoA Div. Yield QLMI QIBK QIIK DBIS QISI SIIS IQCD BRES GISS QOIS DOHI ORDS QGMD ERES MARK MKDM DUBK QFBQ QNNS QNCD MCCS ABQK AKHI QEWS FALH QCFS 2.101 19.700 10.430 1.219 8.250 0.680 13.090 2.779 3.456 0.759 2.440 10.450 1.848 0.763 2.330 3.639 3.746 1.298 11.850 3.701 3.852 3.778 2.410 15.380 0.665 2.702 1.50% 1.29% 1.16% 0.91% 0.61% 0.59% 0.46% 0.43% 0.41% 0.40% 0.37% 0.29% 0.27% 0.26% 0.26% 0.22% 0.16% 0.15% 0.08% 0.03% 0.03% 0.00% 0.00% 0.00% 0.00% 0.00% 0.21 1.78 0.68 0.00 1.05 0.04 0.80 0.32 0.26 -0.04 0.31 0.97 0.00 0.00 0.15 0.28 0.24 0.10 0.91 0.29 -0.50 0.32 0.25 1.36 0.05 0.08 9.98 11.09 15.37 #N/A N/A 7.85 16.93 16.38 8.76 13.06 N/A 7.84 10.82 1,127.52 194.49 15.15 12.83 15.81 13.07 13.07 12.57 #N/A N/A 11.80 9.57 11.31 13.28 35.84 1.21 1.81 2.16 1.28 2.48 0.53 2.17 0.51 1.73 1.08 1.05 1.26 5.78 0.60 0.93 2.35 1.51 1.15 0.82 0.83 1.73 1.40 1.04 1.18 0.62 1.35 12.80% 17.04% 14.51% -0.28% 34.23% 3.18% 13.24% 5.81% 12.81% -5.17% 13.75% 11.91% 0.52% 0.31% 6.17% 24.86% 9.68% 8.50% 6.40% 6.57% 18.81% 12.00% 11.33% 10.33% 4.70% 3.72% 5.66% 2.35% 2.05% -0.10% 29.01% 1.02% 12.33% 3.21% 4.45% -3.88% 5.05% 5.45% 0.09% 0.22% 0.92% 10.64% 1.18% 1.66% 5.70% 5.97% 2.49% 1.56% 10.67% 6.18% 3.31% 3.21% 5.9% 3.7% 4.3% 0.0% 6.1% 0.0% 6.0% 6.5% 4.3% 0.0% 8.2% 5.3% 0.0% 0.0% 4.3% 0.0% 4.3% 0.0% 3.2% 8.1% 6.5% 6.6% 5.0% 5.6% 0.0% 2.6% QGRI QATI BLDN ZHCD QIMD NLCS IHGS MRDS BEMA QNBK QAMC CBQK QIGD WDAM AHCS MPHC MCGS MEZA VFQS IGRD QFLS DHBK GWCS UDCD MERS QGTS 0.915 2.100 1.420 13.680 2.652 0.711 4.235 0.609 3.890 15.290 1.300 4.179 1.563 3.210 0.794 1.673 4.130 3.540 1.690 1.880 14.740 1.483 3.266 1.101 14.640 4.500 0.00% -0.05% -0.07% -0.07% -0.11% -0.14% -0.14% -0.16% -0.26% -0.26% -0.31% -0.31% -0.32% -0.34% -0.38% -0.42% -0.46% -0.56% -0.59% -0.74% -0.74% -0.80% -0.82% -1.08% -1.08% -1.10% -1.70 0.16 0.09 0.68 0.32 0.03 0.28 0.03 0.36 1.62 0.08 0.70 0.14 -0.03 0.06 0.08 0.27 N/A 0.14 0.11 1.01 0.26 0.34 0.10 0.91 0.29 N/A 13.48 16.17 20.22 8.22 21.32 14.91 23.63 10.69 9.47 16.60 5.93 11.07 N/A 12.84 20.97 15.55 N/A 12.46 17.82 14.59 5.79 9.54 10.89 16.09 15.76 0.24 1.15 1.16 2.79 0.69 0.55 1.47 0.59 1.60 1.59 1.12 0.87 0.66 3.61 0.62 1.30 1.22 3.30 1.50 1.30 1.72 0.43 0.79 0.35 1.80 2.10 -38.03% -22.04% 5.66% 7.27% 14.33% 8.46% 2.60% 10.25% 2.57% 15.60% 17.36% 6.82% 15.04% 5.91% -3.46% 4.91% 6.20% 4.15% N/A 12.18% 7.55% 11.83% 7.78% 8.52% 3.22% 11.59% 13.96% 0.0% 4.8% 0.0% 4.8% 4.9% 0.0% 0.0% 0.0% 4.6% 4.3% 5.4% 6.0% 9.6% 0.0% 0.0% 5.1% 5.3% 0.0% 6.5% 0.0% 6.1% 5.1% 3.1% 5.0% 5.8% 3.1% 1.68% 3.66% 7.67% 4.06% 2.26% 4.85% 0.93% 12.17% 1.30% 6.70% 1.88% 3.82% -1.04% 4.33% 6.02% 2.99% N/A 8.04% 3.96% 7.51% 0.81% 3.97% 1.84% 6.36% 4.85% QSE Daily Market Update 7
Technical Analysis of QE Index Today s candle was another spinning candle, with a slight change to the upside. The main index is still holding up above the short-term moving averages, since the pullback we have witnessed on July 17th. Over the last eleven trading sessions, the index was trading in a range between the current support and resistance area 10000 10200. Meanwhile, clearing the 10200 level would trigger a continuation for the current trend. Resistance 2 10500 Resistance 1 10200 Closing 10154 Support 1 10000 Support 2 9800 QSE Daily Market Update 8
Technical Analysis of WDAM We pointed out the first week of June the stock movement, which came in a trading range between 1.900 2.500 QAR, since August 2023. During the last month, we had a clear move and the stock managed to breakout above the 2.500 QAR resistance. Since then, we have witnessed an uptrend continuation and for this week, thestock price has been trading near our target price 3.150 QAR. Stop loss: according to the degree of risk tolerance. QSE Daily Market Update 9
Disclaimer Theinformationcontainedwasobtainedfromvariouspublicsourcesbelievedtobereliable,butwedonotguaranteeitsaccuracy.WasataFinancialSecuritiesmakesnorepresentationsorwarranties (expressorimplied)regardingthedataandinformationprovidedandWasataFinancialSecuritiesdoesnotrepresentthattheinformationcontentofthisdocumentiscomplete,orfreefromanyerror, not misleading, or fitfor anyparticular purpose.This reportdocument provides generalinformation only.Neitherthe information nor anyopinion expressed constitutes anoffer or aninvitationto makeanoffer,tobuyorsellanysecuritiesorotherinvestmentproductsrelatedtosuchsecuritiesorinvestments. This report document contained is subject to change without prior notice. Wasata assumes no responsibility to update the information in this report document. Republishing material without indicating the source, is prohibited, and it is not allowed to make changes and modifications to the content when republishing it. Definitions RSI is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. RSI is considered overbought when above 70 and oversold when below 30. MACD: Moving average convergence divergence (MACD) is atrend-followingmomentumindicator, MACD triggers technical signals whenit crosses above (to buy) or below (to sell) its signal line. The ADX, negative directional indicator (-DI), and positive directional indicator (+DI) are momentum indicators. The ADX helps investors determine trend strength, while -DI and +DI help determine trend direction. A simple moving average is formed by computing the average price of a security over a specific number of periods, Moving averages smooth the price data to form a trend following indicator. They do not predict price direction, but rather define the current direction. Support is the price level at which demand is thought to be strong enough to prevent the price from declining further. Resistance is the price level at which selling is thought to be strong enough to prevent the price from rising further. QSE Daily Market Update 10
Prepared by Financial Advisory Department +974 4449 8883 11