Analyst: 4.86% growth rate of Qatar Stock Exchange index in first half of 2022 – The Peninsula

  • Date: 01-Jul-2022
  • Source: The Peninsula Qatar
  • Sector:Financial Markets
  • Country:Qatar
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Analyst: 4.86% growth rate of Qatar Stock Exchange index in first half of 2022 – The Peninsula

Qatar Stock Exchange (QSE) index caught its breath in the trading of the last week of June, to close with a rise of 3.730 percent, adding to its balance about 437.860 points, and reaching the level of 12,191 points, compared to transactions last week.

On the performance of the stock exchange, the financial analyst Ahmed Aqel, said in a statement to Qatar News Agency (QNA) that the Qatari market achieved, from the beginning of this year until the end of its first half, a growth rate of 4.86 percent, considering it a “good” rate in light of the difficult circumstances that the world markets have gone through it, which is due to two main reasons, the first is the Ukrainian-Russian war, and the second is the high rates of inflation and the accompanying hike in the interest rate, and behind it the price of the dollar.

Aqel pointed out that the liquidity levels improved significantly during the first half of this year, and its contribution to raising the performance of Qatar Stock Exchange index, which is supported by high oil prices, government policies, strong economic performance and sound planning, which were reinforced by indicators issued by the Planning and Statistics Authority recently,