DOHA: Spurred by huge buying interests from local retail investors, Qatar Exchange Index continued its ‘green rush’ for the third straight week lifting the weekly measure to a high 4.37 percent to close at 11,983 points in the past week, edging up closer to the local bourse’s record performance in 2008. The market cap surged to 3.87 percent to cross QR668bn in the week compared to the previous week’s QR643 bn.
The Banking and Telecom sector indices surged the most. The Banking index gained 5.29 percent and the Telecom advanced 5.55 percent.
Trading value during the past week increased by 25.22 percent to reach QR3.95bn. Trading volume grew by 19.74 percent to cross 93 million against previous week’s 78 million shares.
The Banks and Financial Services sector led the trading value accounting for 29.06 percent of the total trading value, followed by Industrials (28.10 percent) and real estate sector (19.30 percent).
The real estate sector led trading volume recording 31.54 percent of the total traded volume. It was followed by Banks and Financial Services sector (26.61 percent) and the Industrials sector (17.36 percent).
The Industrial sector led trading number of transactions during this week, accounting for 32.65 percent of the total transactions, followed Banks and Financial Services sector (26.50 percent), real estate sector (17.96 percent) and Consumer Goods and Services (12.86 percent).
The Barwa Real Estate led trading value accounting for 12.53 percent of the total value, followed by Gulf International Services (10.26 percent) and QNB (6.86 percent).
Of the 43 listed companies, 38 ended higher in the past week, while 5 fell.
The Peninsula
