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Business / Qatar Business

QSE index gained 250 points last week

Published: 22 Feb 2019 - 12:58 pm | Last Updated: 02 Nov 2021 - 01:56 am
Peninsula

The Peninsula

Doha:  Qatar Stock Exchange’s (QSE) benchmark index gained 250 points, or 2.51 percent, last week when the bourse closed yesterday at 10,191.50 points.

Trading value during last week increased by 79.73 percent to reach QR1.61bn compared to QR900.36m.

Trading volume increased by 78.75 percent to reach 52.56 million shares, as against 29.40 million shares, while the number of transactions rose by 42.19 percent, to reach 31,316 transactions as compared to 22,024 transactions.

Market cap rose by 2.26 percent to reach QR578.40bn as compared to QR565.64bn at the end of previous week.

Banking and Financial Services sector led traded value last week with 34.84 percent of the total traded value. Industries sector accounted for 28.55 percent. Consumer Goods and Services sector accounted for 19.06 percent and Real Estate sector accounted 9.99 percent, reports QNA.

Industries sector led traded volume last week with 43.91 percent of the total traded volume. Banking and Financial Services sector accounted for 20.91 percent. Real Estate sector accounted for 19.36 percent and Telecoms sector accounted 5.36 percent. 

Industries sector led traded number of transactions last week with 40.67 percent of the total number of transactions. Real Estate sector accounted for 19.70 percent. Banking and Financial Services sector accounted for 18.66 percent and Consumer Goods and Services sector accounted for 8.14 percent.

Of the 46 companies at QSE, 29 ended last week higher, while 14 fell and three remained unchanged.

QNB led trading value during last week accounted for 20.36 percent of the total traded value. Qatar Fuel accounted for 15.53 percent and Mesaieed Petrochemical Holding Company accounted 10.16 percent.

When compared on daily basis, the QSE index gained 113.68 points, or 1.13 percent, compared to Wednesday’s closing.

The volume of shares traded yesterday increased to 14.45 million from 8.87 million on Wednesday and the value of shares increased to QR432.43m from QR384.21m on Wednesday.

Of the 49 companies listed on QSE, shares of 47 saw trading yesterday. From these, 32 companies gained, 13 closed lower and shares of two companies remained unchanged.

Indices of five sectors ended in green zone and two sectors ended in red zone yesterday. 

QSE Total Return Index increased 1.150 percent to 18,109.02 points and QSE Al Rayan Islamic Index up 1.55 percent to 3,976.52 points. QSE All Share Index gained 1.31 percent to 3,075.86 points.