Doha: The Qatar Stock Exchange's general index maintained a positive trajectory for the second consecutive week, achieving a weekly gain of approximately 0.9 percent, closing at 11,067 points. This performance was noteworthy despite a downturn in the final trading session of the week, attributed to selling pressure and profit-taking.

According to Qatar News Agency, Investment Manager at Qatar Securities Company (QS), Ramzi Qasmieh, emphasized the significance of the index surpassing the 11,000-point mark, a critical technical and psychological resistance level. Qasmieh remarked that maintaining this level could potentially transform it into a key support point, thereby stabilizing market performance in the near future.

While the week concluded with selling pressure, Qasmieh noted that the overall outcome was positive, especially regarding sectoral performance. The week's trading was buoyed by the onset of the earnings announcement season and cash dividend distributions, with the banking sector showing marked improvement. Notably, both QNB and QIB reported profit growth, alongside dividends that exceeded those of the previous year.

Qasmieh further mentioned that investors are keenly monitoring the index's movement in the upcoming week, eagerly anticipating additional financial results and dividend announcements. He highlighted that Gulf and foreign liquidity remains a pivotal market driver, with a particular focus on leading stocks within the banking sector.

The financial sector emerged as the week's top performer, with a gain of nearly 1.5 percent, followed closely by the transportation sector, which saw an increase of 1.4 percent. Conversely, the real estate sector experienced a decline of about 1.7 percent, following strong gains the previous week, while the insurance sector fell by approximately 1.4 percent.

In terms of individual stock performance, Cinema shares led the week's top gainers with an impressive rise of nearly 9.5 percent, followed by Al Mannai with a 6.5 percent increase, and QNB, the index's heaviest-weighted stock, which gained around 2.7 percent. On the other hand, QGIR was among the biggest decliners, dropping by 10 percent, followed by QLM and Dlala Holding, each down by nearly 4.5 percent.