QSE index gained 89.12 points last week

Qatar Stock Exchange’s (QSE) benchmark index gained 89.12 points, or 0.87 percent, last week when the bourse closed yesterday at 10,348.19 points.

Trading value during last week increased by 1.18 percent to reach QR1.30bn compared to QR1.28bn. Trading volume increased by 10.71 percent to reach 80.19 million shares, as against 72.43 million shares, while the number of transactions rose by 2.57 percent, to reach 30,077 transactions as compared to 29,322 transactions.

Market cap rose by 0.78 percent to reach QR579.34bn as compared to QR574.84bn at the end of previous week, reports QNA.

Banking and Financial Services sector led traded value last week with 41.46 percent of the total traded value. Industries sector accounted for 27.77 percent. Real Estate sector accounted for 11.00 percent and Consumer Goods and Services sector accounted 8.19 percent.

Banking and Financial Services sector led traded volume last week with 34.19 percent of the total traded volume. Industries sector accounted for 31.45 percent Real Estate sector accounted for 14.40 percent and Telecoms sector accounted 9.23 percent. Industries sector led traded number of transactions last week with 36.81 percent of the total number of transactions. Banking and Financial Services sector accounted for 25.10 percent. Real Estate sector accounted for 17.67 percent and Consumer Goods and Services sector accounted for 7.50 percent.

From the 46 listed companies 26 ended last week higher, while 18 fell and two remained unchanged.

QNB led trading value during last week accounted for 17.74 percent of the total traded value.

When compared on daily basis the QSE index gained 40.02 points, or 0.39 percent, yesterday compared to Wednesday’s closing.

Source from: The Peninsula