QSE index closes at 10,505.19 points

Qatar Stock Exchange (QSE) benchmark lost 215.12 points, or 2.01 percent, last week when the bourse closed yesterday at 10,505.19 points.

Trading value during last week decreased by 22.37 percent to reach QR1.05bn compared to QR1.35bn.

Trading volume decreased by 10.06 percent to reach 38.34 million shares, as against 42.63 million shares, while the number of transactions fell by 16.82 percent, to reach 24,192 transactions as compared to 29,083 transactions.

Market cap fell by 1.88 percent to reach QR604.30bn as compared to QR615.86bn at the end of previous week, reports QNA.

Banking and Financial Services sector led traded value last week with 32.51 percent of the total traded value. Industries sector accounted for 22.90 percent. Real Estate sector accounted for 13.79 percent and Consumer Goods and Services sector accounted 10.83 percent.

QNB led trading value during last week accounted for 11.42 percent of the total trading value. United Development accounted for 8.18 percent and Ooredoo accounted 6.51 percent.

When compared on daily basis, the QSE index dropped 178.75 points, 1.67 percent, yesterday compared to Wednesday’s closing.

Source from: The Peninsula