Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  DOHA SECURITIES MARKET  >  Masraf Al Rayan QPSC    MARK   QA000A0M8VM3

MASRAF AL RAYAN QPSC (MARK)
Mes dernières consult.
Most popular
  Report  
SummaryNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets

Market capitalisation goes up 5% to cross QR500 bn

share with twitter share with LinkedIn share with facebook
share via e-mail
0
01/14/2018 | 05:07am CEST

Satyendra Pathak Doha Continuing its bull run for the second week in a row, Qatari stocks made impressive gains adding QR24.4 billion to investors' wealth over the week. Market capitalisation increased by 5.1 percent to QR502.2 billion against QR477.7 billion at the end of the previous trading week. The Qatar Stock Exchange (QSE) index gained 505.19 points or 5.9 percent during the trading week to close at 9,135.86 points. Trading value during the week increased by 76.2 percent to reach QR1.52 billion against QR866.1 million in the previous week. The banks and financial services sector led the trading value during the week, accounting for 38.9 percent of the total trading value. The industrial sector was the second biggest contributor accounting for 21.7 percent of the total trading value. Masraf Al Rayan was the top value traded stock during the week with total traded value of QR153.9 million. Trading volume increased by 65.6 percent to reach 62.6 million shares against 37.8 million shares in the previous week. The banks and financial services sector led the trading volume, accounting for 31.8 percent followed by the industrial sector accounting for 26.4 percent of the overall trading volume. Qatar First Bank was the top volume traded stock during the week with 6.9 million shares. The number of transactions increased by 64.6 percent to reach 25,698 against 15,610 in the previous week. The banks and financial services sector led the number of transactions during week, accounting for 33.36 percent of the total number. It was followed by industrial sector, which accounted for 22.98 percent. The real estate sector ranked third, accounting for 18.67 percent. Foreign institutions remained bullish with net buying of QR144.2 million against net buying of QR10.3 million in the previous week. Foreign retail investors, however, turned bearish with net selling of QR9 million against net buying of QR11.3 million in the previous week. Qatari institutions remained bearish with net selling of QR58.9 million against net selling of QR17.4 million in the week before. Qatari retail investors also remained bearish with net selling of QR76.1 million against net selling of QR3.9 million the week before. According to an estimate by QNB Financial Services (QNBFS), foreign institutions bought Qatari equities worth $31 million on a net basis since the beginning of 2018. Qatar Insurance Company was the best performing stock for the week with a gain of 14.1 percent on 335,100 shares traded. On the other hand, Ahli Bank was the worst performing stock for the week with a decline of 21.2 percent on 23,600 shares traded. Industries Qatar, Masraf Al Rayan and Qatar National Bank were the primary contributors to the weekly index gains. Industries Qatar was the biggest contributor to the index's weekly gain, adding 104.4 points to the index. Masraf Al Rayan was the second biggest contributor to the mentioned gains, adding 97.7 points to the index. Qatar National Bank added 61.3 points to the index. Al-Meera Consumer Goods, however, shed a marginal 3.1 points off the index. The week saw all the seven sector indices make substantial gains. The insurance sector, which gained 10.55 percent, was the best performer among all the sector indices. The real estate sector and the industrial sector, which gained 7.92 percent and 5.8 percent respectively, also played vital roles in lifting the index. Of the 45 listed companies, 33 ended the week higher. While 11 stocks declined, the price of one stock remained unchanged. "Given the upward trend, the QSE main index targets to reach resistance at 9400 and 9600 points," Ahmed Maher, financial analyst at Namaa Economic Consultancy, told Mubasher Qatar. If the bourse sees profittaking after the consecutive hikes, he said, the main index is forecast to find support at 8,600 and 8,800 points.

(c) 2018 Qatar Tribune. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

Stocks mentioned in the article
ChangeLast1st jan.
QATAR INSURANCE CO SAQ --End-of-day quote.
QATAR NATIONAL BANK QPSC --End-of-day quote.
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on MASRAF AL RAYAN QPSC
04/18MASRAF AL RAYAN QPSC : QNB maintains Masraf Al Rayan PT at QAR 34/shr
AQ
04/17MASRAF AL RAYAN : Q1 profits up 4%
AQ
04/17MASRAF AL RAYAN : posts Q1 net profit of QR531mn
AQ
04/04MASRAF AL RAYAN QPSC : QCB backs merger of Barwa Bank, ibq & Masraf Al Rayan
AQ
03/23MASRAF AL RAYAN QPSC : World`s largest single country Islamic ETF launched on QS..
AQ
03/22MASRAF AL RAYAN QPSC : QSE lists the world's largest single-country Islamic ETF
AQ
03/22MASRAF AL RAYAN : launches Qatar ETF
AQ
03/21MASRAF AL RAYAN QPSC : World's largest single country Islamic ETF launched on QS..
AQ
03/21MASRAF AL RAYAN QPSC : Qatar stock exchange welcomes the largest single country ..
AQ
03/06MASRAF AL RAYAN QPSC : QSE expected to soon list 3 ETFs tracking global indices
AQ
More news
Financials ( QAR)
Sales 2018 3 085 M
EBIT 2018 2 277 M
Net income 2018 2 118 M
Debt 2018 -
Yield 2018 5,48%
P/E ratio 2018 13,09
P/E ratio 2019 12,43
Capi. / Sales 2018 8,87x
Capi. / Sales 2019 8,50x
Capitalization 27 360 M
Chart MASRAF AL RAYAN QPSC
Duration : Period :
Masraf Al Rayan QPSC Technical Analysis Chart | MARK | QA000A0M8VM3 | 4-Traders
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus UNDERPERFORM
Number of Analysts 5
Average target price 30,5  QAR
Spread / Average Target -16%
EPS Revisions
Managers
NameTitle
Adel Mustafawi Group Chief Executive Officer
Hussain Ali Al-Abdulla Chairman & Managing Director
Ahmed Swaleh Abdi Sheikh Chief Operating Officer
Pichappan Chidambaram Assistant GM & Head-Information Technology
Turki bin Mohamed Khalid Al-Khater Vice Chairman