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The Group
Securities Review of Qatari Economy Figures
as in January 2017
February 09, 2017
The Group Securities Company reviews figures
of Qatari economy as reflected in data
available to date. They are represented in
the population count data, inflation rate,
Qatar Stock Exchange indices, oil prices and
their compatibility with the price approved
in the state budget, and banks consolidated
balance sheet. The chart published with this
report summarizes the most important
economic data that give a brief idea about
the economic situation in the country
until the end of January - except some data
which were available only in December.
1. Total Population count register at the end
of January shows a decrease of about 21
thousand people, by the rate of 0.8 % to
reach 2.576 million people compared to 2.597
million people at the end of last December,
but it was still higher by 6.3% from what it
was a year ago at the end of January 2016,
when it amounted to 2.423 million people.
2. Qatar onshore oil price in in mid-January
increased $ 1.25 above its price in December
to reach $ 54.55 a barrel i.e. $ 9.55 above
the price of $ 45 a barrel approved in the
state budget.
3. The benchmark index of Qatar Stock
Exchange in January rose 1.5%, about 160
points, to reach around10597 points. Share
prices of 27 companies rose and share price
of 17 companies fell. The value of the
traded shares increased 7.2% to QR 5.77
billion. The market value of all stock
shares also rose QR 5.1 billion by the end
of January to reach QR 568.2 billion. P/E
Ratio rose to 14.90.
4. USD together
with Qatari Riyal exchange rate against the euro at
the end of January dropped 2.9% to settle at
the level of $ 1.08 for each euro and
dropped against the yen by the rate of 1.8%
to the level of 115 yen per dollar.
5. The trade surplus in December 2016 rose
by the rate of 21.7% or QR 1.9 Billion above
the figures of the corresponding period in
2015 to reach the level of QR 10.7 Billion
recording a rise of QR 1 billion by the rate
of 10.7% compared to the situation in
November 2016.
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