Traders monitor screens displaying stock information at Qatar Stock Exchange in Doha in this November 9, 2016 file photo (REUTERS / Naseem Zeitoon)
Qatar Stock Exchange (QSE) benchmark index made a significant gain of 547.21 points, or 6.13 percent, last week when the bourse closed yesterday at 9,469.93 points.
Trading value during the week increased by 7.12 percent to reach QR1.46bn compared to QR1.36bn.
Trading volume decreased by 8.25 percent to reach 49.20 million shares, as against 53.62 million shares, while the number of transactions fell by 3.59 percent, to reach 17,735 transactions as compared to 18,396 transactions.
Market cap rose by 6.46 percent to reach QR510.67bn as compared to QR479.68bn at the end of previous week.
Banking and Financial Services sector led traded value last week with 49.56 percent of the total traded value. Industries sector accounted for 16.45 percent. Telecoms sector accounted for 11.23 percent and Real Estate sector accounted for 8.12 percent. Banking and Financial Services sector led traded volume last week with 31.71 percent of the total traded volume. Telecoms sector accounted for 30.60 percent. Industries sector accounted for 15.06 percent and Real Estate sector accounted 12.17 percent.
Banking and Financial Services sector led traded number of transactions this week with 37.2 percent of the total number of transactions. Industries sector accounted for 18.09 percent. Real Estate sector accounted for 13.44 percent and Transportation sector accounted for 10.85 percent.
Out of the 44 listed companies, 43 ended last week higher, while one company remained unchanged. QNB led trading value during last week accounting for 24.24 percent of the total traded value. Masraf Al Rayan accounted for 8.51 percent and Vodafone Qatar accounted for 8.31 percent, reports QNA.
When compared on daily basis, the QSE index gained 189.55 points, or 2.04 percent, when the bourse closed trading at 9,469.93 points.
The volume of shares traded yesterday increased to 17.48 million from 12.77 million on Wednesday and the value of shares also increased QR433.03m from QR413.52m on Wednesday.
Out of the 44 companies listed on QSE, shares of 39 saw trading yesterday. Of these 31 gained and 8 companies closed lower yesterday. Indices of five sectors ended in green and remained two sectors ended in red. QSE Total Return Index gained 2.04 to 15,880.52 points. QSE Al Rayan Islamic Index added 1.41 percent to 3.732.36 points and QSE All Share Index increased 1.91 percent to 2,685.62 points.