Doha: Qatar Stock Exchange (QE) Index surged 154.27 points, or 1.52 percent yesterday to close at 10,272.11 points, driven by strong buying interest from domestic and foreign investors.
The index has gained around 270 points during this week. On Thursday, the Index had closed at 10,004 points and has since gained in the past three trading sessions.
Qatar Islamic Bank, Qatar Navigation, Investment Holding Group were among the top gainers which registered a rise of 3.6 percent, 3.3 percent, and 2.5 percent, respectively.
The volume of shares traded decreased to 449 million from 462.96 million on Tuesday and the value of shares increased to QR724m from QR652m on Tuesday.
Indices of six sectors ended in green zone and one sector in red zone today. QSE Total Return Index increased 1.52 percent to 20,203.82 points and QSE Al Rayan Islamic Index gained 1.15 percent to 4,335.41 points. QSE All Share Index added 1.00 percent to 3,340.06 points.
On Tuesday, the QE Index had risen 0.7 percent to close at 10,117.8. The Insurance and Industrials indices led the gains. The index rose on the back of buying support from GCC and Foreign shareholders despite selling pressure from Qatari and Arab shareholders. Investment Holding Group and Salam International Investment Limited were the top gainers, rising 9.3 percent and 8.7 percent, respectively.
On Monday, the QE Index had increased 0.5 percent to close at 10,052.2. Gains were led by the Industrials and Insurance indices, gaining 1.5 percent and 1.4 percent, respectively. Top gainers were Zad Holding Company and Investment Holding Group, rising 10 percent and 6.1 percent, respectively.
