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Qatar News Agency reported that the Qatar Stock Exchange index closed the trading week on July 9 down 1.18 percent after shedding 120.59 points from the previous close to finish at 10,090 points. Six of the bourse’s sectors posted losses during the period with the industrial sector recording the steepest drop at 2.38 percent and real estate falling 1.2 percent. The insurance sector alone advanced 0.08 percent according to the weekly figures published by the exchange.
Financial market analyst Youssef Bouhlaiqa told Qatar News Agency that the Qatari market retained fundamental support factors enabling it to weather current volatility despite cautious sentiment across regional financial markets. He noted that half-year financial results announced so far and led by QNB Group and Dukhan Bank had been positive and reflected the banking sector’s strength. Those earnings had not yet propelled the benchmark index above the 10,300-point level Bouhlaiqa added.
Bouhlaiqa attributed the recent decline exceeding 120 points primarily to external factors rather than domestic economic fundamentals in his assessment shared with Qatar News Agency. He said the pullback could create opportunities for selective investment in blue-chip stocks once uncertainty subsided. QNB Group separately reported net profit of QAR 4.33 billion for the three months ended March 31 2026 representing a 2 percent increase from the prior year according to its earnings release.
Dukhan Bank disclosed a net profit of QAR 429.5 million for the first quarter of 2026 in its own financial statement. Bouhlaiqa stressed that the Qatari market continued to benefit from strong financial positions at listed companies robust dividend distributions and high liquidity levels in the banking sector. A Bertelsmann Stiftung assessment found Qatar’s economy remained resilient with the Third National Development Strategy for 2024-2030 targeting sustainable growth and diversification.
The analyst highlighted the resilience of the Qatari economy and continued government spending on development projects as additional medium-term supports in remarks to Qatar News Agency. Qatar secured fifth place globally and first regionally for economic resilience in the IMD World Competitiveness Yearbook 2026 according to multiple reports citing the ranking. North Field expansion projects scheduled for late 2025 and 2026 are expected to boost gas revenues and further strengthen fiscal buffers per the Bertelsmann Stiftung country report.
Market performance in the coming period is likely to remain linked to geopolitical developments and the financial results of remaining listed companies Bouhlaiqa concluded in his weekly assessment for Qatar News Agency. He indicated that sustained strong performance from leading firms could gradually restore investor confidence and return the index to an upward path once external pressures eased. Trading Economics data placed the QE index at 10,089 points on July 9 reflecting the weekly close reported by QNA.
