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The Qatar Stock Exchange (QSE) general index dropped 15.67 points, or 0.14%, to 11,206 points at the start of trading on Tuesday, compared with the previous session's close. Leading the decline was the transportation sector, which fell by 0.36%, followed by Banks and Financial Services (-0.25%), Insurance (-0.11%), and Industrials (-0.09%). In contrast, gains were recorded in Consumer Goods and Services (+0.03%), Real Estate (+0.05%), and Telecoms (+0.01%). By 10:00 am, QSE reported a turnover of QR 89.811 million from 42.432 million shares traded across 3,559 transactions.

The Qatar Stock Exchange (QSE) general index dropped 43.36 points, or 0.39%, to 11,033 points at the start of trading on Thursday, compared with the previous session's close. Losses were recorded across four sectors: The Telecoms and the Banks and Financial Services sectors both declined by (-0.64%), Consumer Goods and Services (-0.24%), and Industrials (-0.14%). In contrast, gains were recorded in Insurance (+0.23%), Transportation (+0.21%), and Real Estate (+0.05%). As of 10:00 am, QSE recorded 2,480 transactions worth QR 31.144 million, distributed to 10.895 million shares.

Meituan’s shares dropped the most since April after warning of losses this quarter from a price-based battle with Alibaba Group Holding Ltd and JD.com Inc, wiping out a combined $27bn in market value from the three Internet commerce leaders.China’s food delivery leader issued its dire prediction after reporting “irrational competition” eradicated most of its profit in the June quarter. That spooked investors already nervous about deepening losses in the online arena, prompting a series of downgrades on Meituan. Shares in Alibaba and JD both slid about 5%, while Meituan was down 13% at one point. The Hang Seng Tech Index led losses in Asia on Thursday, slumping as much as 2.3%.The plunge in profitability illustrates how Meituan is facing its greatest challenge in years from twin rivals that — till recently — had largely ceded the domestic meal sector. That changed in 2025 when JD.com, pursuing growth during a consumption downturn, and Alibaba’s Ele.me began offering generous subsidies to cash-strapped diners.The Beijing-based company now expects “significant losses” for its core local commerce business including food delivery in the current quarter, Chief Financial Officer Chen Shaohui told analysts on a post-earnings call on Wednesday.“We expect there will be continued fierce competition in the near term,” Chen said. “That will bring negative impact on our financial results.”The three-way battle in the food arena eroded profitability across the sector and forced Meituan to defend its core business on multiple fronts. This month, JD.com reported a halving in net income for the quarter. Alibaba has posted muted growth and is set to report earnings on Friday.In past months, the trio has invested billions of dollars in incentives and in hiring delivery riders. This strategy backfired with investors, who sold off shares in Meituan and JD.com, erasing roughly $100bn of their combined market value at one point.Following a warning from industry regulators, the three corporations in August pledged to cease their “disorderly competition” and avoid a self-destructive price war.Faced with margin pressure at home, Meituan is looking overseas. Its own aggressive pricing strategy forced Deliveroo Plc to retreat from Hong Kong after a decade of operating in the city.