DOHA: Qatar Exchange gained 189.47 points or 2.04 percent last week to close at 9,479.80 points. Trading value increased by 65.21 percent to reach QR3.44bn last week compared to QR2.08bn the previous week.
Trading volume increased by 37.69 percent to cross 89 million shares as against 64.66 million. The number of transactions rose by 14.94 percent to reach 31,267 as compared to 27,203 the previous week.
The QE market capitalisation rose by 1.74 percent to reach QR519bn last week compared to QR511bn the previous week.
The banking and financial services sector led the trading value accounting for 41.78 percent of the total followed by the real estate sector accounting for 21.48 percent. The value of the industrial sector stood at 18.10 percent.
The trading volume was also led by the banking and financial services sector, accounting for 38.11 percent of the total, followed by the real estate sector, which accounted for 35.07 percent. The industrial sector ranked third, accounting for 9.51 percent followed by the telecom sector.
The banking and financial services sector led trading number of transactions last week, accounting for 33.21 percent of the total followed by the real estate sector accounting for 23.23 percent. The industrial sector ranked third accounting for 18.70 percent.
Of the 42 listed companies, 28 ended higher last week, while 10 fell and four remained unchanged.
QNB, Barwa Real Estate and Industries Qatar were top gainers last week in terms of value. QNB accounted for 12.97 of the total trading value, followed by Barwa Real Estate at 12.02 percent. Industries Qatar accounted for 11.27 percent.
Yesterday, the index was down 38.15 points or 0.40 percent. Telecoms, transportation and industrial sectors shed the most.
The Peninsula
