Impact of COVID-19 Crisis on the Performance of Stocks of Qatari QSE
Listed Companies.
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