The Qatar Financial Centre (QFC) Authority, in association with Bloomberg, conducted a session on Technical Analysis at the W hotel in Doha.
The session which attracted business and financial professionals from Qatar’s private sector aimed to educate participants on investment and trading opportunities across Middle East and North Africa (MENA) equities from a relative strength standpoint, which is a methodology based on identifying future outperformers and underperformers against a widely used benchmark.
At the heart of the presentation was the increasingly popular concept of Relative Rotation Graphs or RRG as devised by Julius De Kempanaer as also several idea generation tools that market participants can use on the Bloomberg terminal to screen for opportunities on the back of custom criteria most relevant to their workflow. “These sessions come as part of a series of sessions we will be conducting for our firms and the financial sector as a whole throughout 2017,” saidRaed Al-Emadi, Chief Commercial Officer at the QFC Authority
He went on to add:” We are pleased to partner with Bloomberg to provide training sessions that will have a prominent and positive effect on the prosperity of the local market.”
During the session Boris Grozev Bloomberg’s Country Manager stated: “At the heart of active investing lies the relentless search for selecting securities that are likely to outperform a well-diversified benchmark. Being able to identify tomorrow's winners today and scale out of stocks likely to underperform in the future is what generates superior returns.”
The session comes as part of the QFC’s continuous efforts to provide its firms and the financial sector with the tools needed to develop and succeed.
