CHAIRMAN: DR. KHALID BIN THANI AL THANI
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Business / Qatar Business

QE index gains 133.74 points

Published: 08 Apr 2016 - 01:20 am | Last Updated: 13 Nov 2021 - 04:42 am
Peninsula

DOHA: Qatar Exchange’s (QE) benchmark index gained 133.74 points, or 1.33 percent yesterday when the bourse closed trading at 10,164.76 points.
The daily turnover yesterday increased to QR379.39m with a volume of 9,278,837 shares from 5,553 deals compared to QR349.57m with a volume of 7,843,947 shares from 5,222 deals on Wednesday.
From the 43 companies listed on QE, shares of 40 saw trading yesterday. From these 31 gained, eight closed lower and one remained unchanged.
Barring transport index which declined by 0.13 percent, indices of all other sectors gained.
QE Total Return Index gained 1.33 percent to 16,380.42 points. QE Al Rayan Islamic Index gained 0.84 percent to 3,966.25 points and QSE All Share Index gained 1.13 percent to 2,827.84 points, reports QNA.
However, when compared on weekly basis, the QE index lost 211.44 points, or 2.04 percent, during last week compared to the previous week. Trading value during the week decreased by 7.95 percent to reach QR1.7bn compared to about QR1.85bn during the previous week.
Trading volume decreased by 12.41 percent to reach 42,386,514 shares, as against 48,392,413 shares, while the number of transactions rose by 3.52 percent, to reach 26,719 transactions as compared to 25,810 transactions.
Market cap fell by 1.87 percent during the week to reach QR543.65bn as compared to QR 554.03bn at the end of previous week.
Banking and Financial Services sector led traded value this week with 28.03 percent of the total traded value. Industries sector accounted for 27.54 percent. Consumer Goods and Services sector accounted for 15.82 percent and Transportation sector accounted for 12.15 percent.
Banking and Financial Services sector led traded volume during the week with 29.89 percent of the total traded volume. Industries sector accounted for 20.86 percent. Real Estate sector accounted for 16.66 percent and the share of Consumer Goods and Services sector stood at 13.95 percent.
Banking and Financial Services sector led traded number of transactions this week with 25.2 percent of the total number of transactions. Industries sector accounted for 25.07 percent. Consumer Goods and Services sector accounted for 15.29 percent and Real Estate sector accounted for 11.54 percent. From the 43 listed companies nine companies ended this week higher, while 33 fell and one unchanged.
The Qatari Investors Group led trading value last week and accounted for 17.23 percent of the total traded value. Gulf Warehousing accounted for 10.25 percent and Masraf Al Rayan accounted for 9.55 percent.