‘Significant long-term opportunities for investors in QSE’
The Peninsula
Doha, Qatar: The Qatar Stock Exchange (QSE) closed this week down 1.99 percent, losing 213.34 points to settle at 10,485 points, driven by pressure fr...
Doha, Qatar: The Qatar Stock Exchange (QSE) closed this week down 1.99 percent, losing 213.34 points to settle at 10,485 points, driven by pressure from six sectors, led by the insurance sector, which suffered the largest losses at 5.64 percent. The telecommunications sector was the only gainer this week, rising 1.46 percent.
Financial market analyst Youssef Buhulaiqa told Qatar News Agency that, like other markets in the region, the QSE has not been immune to the negative repercussions of current conditions. However, he noted that it stands out as one of the regional markets with clear strengths.
Buhulaiqa added that the Qatari market relies on leading companies with strong financial positions and stable cash dividends, in addition to attractive valuation levels compared to many global markets.
He also noted that current and future price-to-earnings ratios (a method for evaluating share price relative to company earnings) reflect significant investment opportunities for long-term investors.
He pointed out that amidst regional tensions, every development on the ground is quickly reflected in oil and gas prices, bringing back to the forefront concerns about global inflation and slowing economic growth.
