CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

Business / Qatar Business

QSE main index gained 259.51 points last week

Published: 26 Jan 2018 - 12:00 am | Last Updated: 09 Nov 2021 - 07:31 pm
Traders monitor screens displaying stock information at Qatar Stock Exchange in Doha in this file photo of November 9, 2016. Reuters/Naseem Zeitoon

Traders monitor screens displaying stock information at Qatar Stock Exchange in Doha in this file photo of November 9, 2016. Reuters/Naseem Zeitoon

The Peninsula

DOHA: Qatar Stock Exchange’s (QSE) benchmark index gained 259.51 points, or 2.82 percent, last week when the bourse closed yesterday at 9,459.61 points.
Trading value during last week decreased by 2.63 percent to reach QR1.50bn compared to QR1.54bn.
Trading volume decreased by 16.17 percent to reach 60.19 million shares, as against 71.80 million shares, while the number of transactions fell by 9.02 percent, to reach 21,887 transactions as compared to 24,058 transactions.
Market cap rose by 1.93 percent to reach QR514.41bn as compared to QR504.69bn at the end of previous week, reports QNA. Banking and financial services sector led traded value last week with 45.19 percent of the total traded value. Consumer goods and services sector accounted for 16.25 percent. Industries sector accounted for 14.74 percent and real estate sector accounted for 12.17 percent.
Banking and financial services sector led traded volume last week with 49.15 percent of the total traded volume. Real estate sector accounted for 17.40 percent. Industries sector accounted for 16.09 percent and telecoms sector accounted for 7.18 percent.
Banking and financial services sector led traded number of transactions last week with 36.6 percent of the total number of transactions. Industries sector accounted for 18.03 percent. Real estate sector accounted for 15.30 percent and consumer goods and services sector accounted for 15.13 percent.
Out of the 45 listed companies 26 ended last week higher, while 16 fell and three unchanged.
QNB led trading value during last week accounted for 10.02 percent of the total traded value. Qatar First Bank (QFC) accounted for 8.74 percent and Medicare Group accounted for 7.70 percent.
When compared on daily basis, the QSE index gained 10.01 points, or 1.08 percent, when the bourse closed trading at 9,459.61 points.
The volume of shares traded increased to 9.75 million yesterday from 15.16 million on Wednesday and the value of shares increased to QR341.14m from QR419.43m on Wednesday. Out of the 45 companies, shares of 42 saw trading yesterday. From these, 20 companies gained, 21 closed lower and one remained unchanged.