Top Five Qatar Stocks To Invest In August 2022

Rodrigo30 August 2022 >> Home >> Stock Picks >> Top Five Qatar Stocks To Invest In August 2022

Qatar is one of the fastest-growing economies in the world, thanks to its vast oil and gas resources. Its Annual GDP (2o21) currently ranks 54, with a whopping GDP Per Capita of $62,088. At the time of writing, the Qatar Stock Market Index (QE General) is trading around 13,645, 0.13% up from the previous session. At the moment, Qatari Stocks seem well on the way to a full recovery from the economic effects of COVID-19.

Qatar Stock Exchange Performance

Most of the Credit Rating Agencies, including Moody’s and S&P, have set Qatar’s Rating as stable. The analysts believe the Qatari stock market in 2022 will likely remain the best performer in the GCC region, with 13.4% expected returns. Among Qatar’s non-oil-related sectors, the banking and the financial services sector likely to remain at the top. The Qatar Stock Exchange also appears to outperform GCC countries regarding market return.

Top 5 Qatari Stocks To Invest

Here are the Boursepanel’s Top 5 Stocks to Invest

  1. Qatar Industrial Manufacturing Company Q.P.S.C (QIMD)
  2. Qatar National Bank Q.P.S.C (QNBK)
  3. Qatari Investors Group Q.S.C (QIGD)
  4. Qatar Islamic Bank Q.P.S.C (QIBK)
  5. Qatar National Cement Company Q.P.S.C (QNCD)

Top 5 Qatari Stocks Trading Levels

Stock
Entry Level
Take Profit
%Reutrns
Qatar Industrial Manufacturing Company Q.P.S.C (QIMD)
3.50
3.69
5.43%
Qatar National Bank Q.P.S.C (QNBK)
20.59
21.83
6.02%
Qatari Investors Group Q.S.C (QIGD)
2.05
2.18
6.34%
Qatar Islamic Bank Q.P.S.C (QIBK)
25.86
27.34
5.67%
Qatar National Cement Company Q.P.S.C (QNCD)
5.05
5.32
5.35%

Qatari Investors

Why Use BoursePanel Platform

Boursepanel is a stock market research and analysis platform. It’s available for Qatar, Saudi Arabia, the US, UK, and Indian Markets. Boursepanel uses its proprietary algorithm, proven trading strategies, and a combination of fundamental and technical analysis to analyze and recommend stocks. In addition, the Boursepanel platform also includes portfolio-building tools, individual stock reports, stock portfolio review tools, stock trade signals,  and much more.

“Boursepanel platform is currently available for building the US, UK, Qatar, Saudi Arabia, and Indian Stock Market Portfolios.”

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