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The Qatar Stock Exchange reported that its benchmark index closed at 9,214.35 points on October 28 after posting a 0.7 percent gain that brought an end to a string of daily losses. Trading value reached 506.1 million riyals with volume totaling 221.1 million shares over 37,654 deals, the exchange’s daily bulletin showed. Market capitalization stood at 559.8 billion riyals at the end of the session that saw 52 companies actively traded.
Qatar Islamic Bank ranked among the top performers with a 2.46 percent increase while Nebras Energy led gainers by advancing 5.76 percent, according to the exchange data. MEEZA QSTP and Beema followed with gains of 5.01 percent and 4.4 percent respectively as selective buying lifted the market. The report listed Zad Holding Company and several other firms in positive territory contributing to the overall uptick.
Declines were limited with National Cement Co. recording the largest drop of 4.26 percent, the Qatar Stock Exchange figures indicated. Nakilat shed 2.69 percent and Doha Insurance Group fell 2.23 percent among other losers in a session where selling pressure remained contained. The balanced trading reflected activity levels detailed in the daily summary.
Liquidity levels rose to 506.1 million riyals, the daily report detailed. Al Rayan led trading by value with nearly 50 million riyals followed by QNB at 47.7 million riyals and Industries Qatar at 41.5 million riyals. Baladna topped volume charts with 34.2 million shares traded as activity concentrated in a handful of counters.
The performance coincided with mixed results across other Gulf markets on the same day, Reuters reported. The Qatari index had faced downward pressure in previous sessions linked to geopolitical uncertainties involving regional conflicts. Recent diplomatic initiatives appeared in coverage from the wire service as the market rebounded from recent lows.
Listed companies have demonstrated resilience with aggregate semi-annual profits reaching 23.63 billion riyals in 2026, QSE announcements from earlier in the year showed. Banks in particular posted steady earnings that disclosures tied to strong domestic fundamentals. Dukhan Bank for instance reported a net profit of 1.19 billion riyals for the first nine months with assets expanding 2.4 percent according to its disclosure.
