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BSS NEWS BITES ALERTS ISSUED FOR QATAR MARKET ON THURSDAY 17 AUGUST 2017

NEWS BITES - MIDDLE EAST & NORTH AFRICA

Total Qatar Market up 36.7 points or 0.37% to 10,047.34

BSS News Bites issued 6 Alerts on notable trading amongst the 39 Stocks traded on the Total Qatar Market today, of which 3 (50%) were Bullish.

Among the sectors, Banks & Financial Services gained 1.22 percent, Insurance added 0.83 percent, while Transportation slipped 0.78 percent.

Of all the Alerts, the following were the most prominent in today's trading:

HEAVYWEIGHT MARKET LEADERS

+ Industries Qatar, Qatar's largest chemicals company by market capitalisation, has lifted 2.1% to trade at QAR92.68 vs. the QE Index which strengthened 54.8 points (or 0.6%) to 9,077.1. Representing a weighting of about 14.7% of the index, the stock accounted for 49.7% of today's gain. The shares have outperformed 84% of the market in the past week. Trading volume was 95% of average at the end of the day. Compared with the QE Index which rose 54.8 points (or 0.6%) in the day, this represented a relative price increase of 1.4%.

+ Ooredoo Q.S.C. (QE:ORDS) has increased 1.8% to trade at QAR90.75 vs. the QE Index which strengthened 54.8 points (or 0.6%) to 9,077.1. Representing a weighting of about 7.6% of the index, the stock accounted for 22.2% of today's gain. The shares have outperformed 83% of the market in the past one year.

SECTOR BULLS

+ Qatar National Bank, Qatar's largest bank by market capitalisation, has increased 0.4% to trade at QAR135.86 vs. the Banks & Financial Services index which strengthened 33.9 points (or 1.2%) to 2,824.2. Representing a weighting of about 59.1% of the index, the stock accounted for 17.9% of today's gain. The shares have outperformed 82% of the market in the past month. Trading volume was 52% of average at the end of the day. Compared with the QE Index which rose 54.8 points (or 0.6%) in the day, this represented a relative price change of -0.2%.

+ Doha Insurance (QE:DOHI) has increased 1.5% to trade at QAR13.70 vs. the Insurance index which strengthened 33.2 points (or 0.8%) to 4,013.5. Representing a weighting of about 3.0% of the index, the stock accounted for 5.3% of today's gain.

SECTOR BEARS

+ Qatar Gas Transport, Qatar's largest transportation company by market capitalisation, has decreased 0.5% to trade at QAR16.96 vs. the Transportation index which weakened 15.0 points (or 0.8%) to 1,914.2. Representing a weighting of about 48.7% of the index, the stock accounted for 33.0% of today's loss. The shares have underperformed 84% of the market in the past week. Trading volume was 61% of average at the end of the day. Compared with the QE Index which rose 54.8 points (or 0.6%) in the day, this represented a relative price change of -1.1%.

+ Qatar National Cement (QE:QNCD) has dropped 2.4% to trade at QAR69.10 vs. the Industrials index which weakened 4.3 points (or 0.2%) to 2,723.1. Representing a weighting of about 4.7% of the index, the stock accounted for 69.2% of today's loss. Trading volume was 1.8 times average so far today.

BSS News Bites alerted Unusual Rises in 1 Stock through the day:

HeadlineO/all Price Change52-Wk High
Industries Qatar increased 0.4% 17 August 2017 10:06 AST in the morning, closing 1.62% higher at QR92.68QR1.87 [2.06%]QR117.92

BSS News Bites alerted Unusual Falls in 1 Stock through the day:

HeadlineO/all Price Change52-Wk Low
Qatar National Bank decreased 0.5% 17 August 2017 10:06 AST in the morning, closing recovered at QR135.8650.0 dirhams [0.37%]QR121.70

BSS News Bites alerted Consecutive Falls in 1 Stock through the day:

HeadlineLastO/all Price ChangeVI (1 is avg.)
Qatar Gas Transport keeps sliding: down 5.1% in 8 days 17 August 2017 10:06 AST, it closed at QR16.96QR16.96-9.0 dirhams [-0.53%]0.6