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The
Group Securities Review of Qatari Economy Figures as at the end
of February 2017
March 08, 2017
The Group Securities Company reviews figures of Qatari
economy as reflected in data available to date regarding
population count data, inflation rate, Qatar Stock Exchange
indices, oil prices and their compatibility with the price
approved in the state budget in addition to 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
February - except some data which were available only in
January.
1. Total Population count register at the end of February
shows an increase of about one thousand people, by the rate of
3.78 % to reach 2.673 million people compared to 2.576 million
people at the end of last January, but it was still higher by 5%
from what it was a year ago at the end of January 2016, when it
amounted to 2.546 million people.
2.
- The value of margin traded in February
decreased to QR 5.71 billion. In contrast, the market value of
all stock shares by the end of February rose QR 9.5 billion to
QR 577.7 billion while P/E Ratio to 15.63 by the end of the
month and 15 as average for the month.
3.
USD together with Qatari Riyal exchange rate against the euro at the end of
February increased by the rate of 1.9% to settle at the level of
$ 1.06 for each euro and dropped against the yen by the rate of
0.9% to the level of 114 yen per dollar.
4. Qatar onshore oil price in February marginally
increased above its price in January to reach $ 55.11 a barrel.
That means the price still remained $10.11 above the price of $
45 a barrel approved in the state budget.
5. Qatar trade surplus in January 2017 recorded a surplus
or QR 11 billion i.e. an increase by the rate of 62.2% or QR 4.2
Billion above the figures of the corresponding period in 2016.
The surplus also increased QR 0.2 billion i.e. 2.3%
compared to the situation in December 2016.
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