Qatar Stock Exchange’s (QSE) benchmark index dropped 117.04 points, or 1.16 percent when the bourse closed trading at 9,955.99 points yesterday. The volume of shares traded increased to 8.5 million (8,502,354) from 5.5 million (5,586,154) on the previous day (Wednesday) and the value of shares also increased to QR304.97m from QR219.18m on Wednesday.
From the 44 companies listed on QSE, shares of 42 saw trading yesterday. From these 8 gained, 32 closed lower and 2 remained unchanged, reports QNA. Indices of six sectors ended in red, while the remaining one ended in green yesterday.
QSE Total Return Index dropped 1.16 percent to 16,108.13 points. QSE Al Rayan Islamic Index lost 1.15 percent to 3,615.42 points and QSE All Share Index fell to 1.14 percent to 2,745.64 points. However, when compared on weekly basis, the index lost 415.18 points, or 4 percent, during the week. Trading value during the week increased by 62.34 percent to reach QR1.57bn compared to QR970.79m.
Trading volume increased by 37.16 percent to reach 40.01 million (40,015,738) shares, as against 29.17 million (29,173,817) shares, while the number of transactions rose by 49.73 percent, to reach 18,183 transactions as compared to 12,144 transactions. Market cap fell by 3.98 percent to reach QR536.32bn compared to QR558.57bn at the end of previous week.
Industries sector led traded value during the week with 34.23 percent of the total traded value. Consumer goods and services sector accounted for 24.06 percent. Banking and financial services sector accounted for 19.30 percent and real estate sector accounted for 8.87 percent.
The industrial sector led traded volume during the week with 25.64 percent of the total traded volume. Banking and financial services sector accounted for 19.10 percent. Telecoms sector accounted for 17.49 percent and real estate sector accounted for 16.67 percent.
Banking and financial services sector led traded number of transactions that accounted for 23.64 percent of the total number of transactions. Real estate sector accounted for 21.95 percent. Industries sector accounted for 19.32 percent and consumer goods and Services sector accounted for 18.32 percent.
From the 44 listed companies three ended higher, while 39 fell and two unchanged. Qatari Investors Group led trading value during this week accounted for 24.55 percent of the total traded value. Medicare Group accounted for 12.95 percent and Widam Food Company accounted for 7.22 percent.
