Qatar’s stock market staged a strong rebound as the benchmark index gained 128.95 points, or 1.30 per cent, to close at 10,083.79, with all seven sector indices advancing and market turnover rising sharply.The rally on Monday restored the index above the psychologically important 10,000-point level after it had ended the previous session at 9,954.84. Buying was spread across banking, telecommunications, insurance, industrial, transport, real estate and consumer shares, reflecting a broad improvement in investor sentiment rather than support from a single heavyweight sector.
Trading activity increased alongside the index gain. Investors exchanged about 145.27 million shares, compared with roughly 127.63 million shares in the preceding session. The value of transactions climbed to QR410.33 million from about QR322.97 million, while more than 51,200 deals were completed across the market.
Market capitalisation rose by about QR6.75 billion to QR604.77 billion, from QR598.02 billion at the previous close. The rise indicated that gains extended beyond the most actively traded companies and lifted the aggregate valuation of listed businesses.
Advancing shares substantially outnumbered decliners. Prices rose in 38 companies, while 12 stocks ended lower and six were unchanged. The positive market breadth provided further evidence of sustained buying across large, mid-sized and smaller listed companies.
Telecommunications recorded the strongest sectoral performance, advancing 3.40 per cent. Ooredoo gained 3.5 per cent and Vodafone Qatar rose 2.6 per cent, placing both companies among the leading performers of the session. Their gains helped the telecommunications index close at 2,459.49 points.
Insurance shares rose 1.27 per cent, while the banking and financial services index gained 1 per cent. Qatar Islamic Bank advanced 2.9 per cent and Lesha Bank climbed 3.4 per cent, strengthening the financial sector’s contribution to the benchmark.
The industrial index increased 0.99 per cent, consumer goods and services gained 0.92 per cent, transport rose 0.86 per cent and real estate added 0.70 per cent. The simultaneous rise in all seven sector gauges marked a sharp reversal from the previous session, when selling pressure had affected most parts of the market.
National Leasing was the day’s strongest gainer, rising 6.2 per cent. It was followed by Ooredoo, Lesha Bank, Qatar Islamic Bank and Vodafone Qatar. The group’s performance highlighted demand for stocks across leasing, banking and telecommunications rather than concentration in one industry.
Al Mahhar Holding led the decliners with a fall of 1.7 per cent. Qatar Islamic Insurance dropped 1.1 per cent, while Dlala Brokerage and Investment Holding declined 0.8 per cent. Gulf International Services and Qatar National Cement Company each fell about 0.6 per cent.
Broader market measures also moved higher. The QSE Total Return Index gained 1.30 per cent to 24,918.34 points, while the QE All Share Index rose 1.14 per cent to 3,946.19. The Al Rayan Islamic Index advanced 1.53 per cent to 2,206.04, outperforming the main benchmark, and the MSCI QSE 20 ESG Index added 0.90 per cent to close at 817.46.
The rebound followed a volatile reopening period for the exchange. The market had closed the preceding session 1.47 per cent lower, with the benchmark losing 148.38 points and 44 companies finishing in negative territory. Monday’s gain recovered most of that decline and lifted the index 128.95 points in a single session.
The stronger performance came despite persistent geopolitical risks affecting financial markets across the Gulf. Investors have been monitoring regional security developments, energy prices, shipping disruptions and their possible effects on inflation and interest-rate expectations.
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