Impact of COVID-19 Crisis on the Performance of Stocks of Qatari QSE
In a report issued by the Group Securities Company to investigate the impact of COVID 19 crisis on the stocks’ performance of the companies listed in Qatar Stock Exchange ‘QSE’, the study concluded that the stocks of 38 companies rose since the beginning of the impact of the crisis on the international markets on 8 March 2020. Conversely, the study stated that the stocks of 8 companies fell, of which 6 stocks were down by less than 7%.
Reviewing to the stocks performance during the 2nd quarter 2020 (1 April – 14 June), we observe that 43 stocks registered a rise while only 3 stocks registered a fall.
Top risers since the beginning of the 2nd quarter are:
Medical Devices, Dlala Holding, Islamic Holding, Ezdan, Gulf International
However, the stocks registering fall were as follows:
Qatar Insurance, Doha Insurance, Commercial Bank