Doha: Qatar Exchange index gained 37.56 points or 0.41 percent in the month of June 2013 when trading closed on the last day of the month at 9,275.56 points compared to May 2013.
The trading value during June increased by 12.34 percent when it reached QR 8,793,875,958.11 compared to QR7,828,099,891.79 the previous month.
The trading volume increased by 2.27 percent to reach 234,446,011 shares compared to 229,253,356 shares. The 97,644 transactions in June dropped by 6.03 percent compared to 103,907 transactions in May 2013.
Banks and financial services sector led the traded value in June with 37.22 percent of the total traded value. Real estate accounted for 20.73 percent. Industries accounted for 20.19 percent. Consumer Goods and Services accounted for 7.68percent. Transportation accounted for 6.84 percent. Telecoms accounted for 4.58 percent and insurance accounted for 2.77 percent.
The market capitalisation rose by 0.20 percent at the end of June 2013 when it reached QR510,992,574,258.29 as compared to QR509,975,631,700.61 at the end of May 2013.
Real estate sector led the traded volume in June with 34.05 percent of the total traded volume. Banks and financial services accounted for 31.47 percent. Industries accounted for 10.67 percent. Transportation accounted for 8.90 percent. Telecoms accounted for 7.07 percent. Consumer goods and services accounted for 5.94 percent and insurance accounted for 1.90 percent.
The number of trading days in June were 20 and 22 in May 2013.
From the 42 listed companies, 23 ended June 2013 higher while 16 fell and three remained unchanged.
Meanwhile, the exchange ended its losing streak yesterday adding 54.98 points or 0.59 percent to advance to 9,330.54 points from 9,275.56 on Sunday.
The volume of the shares traded up to 4,017,566 from 3,758,417 on Sunday, and the value of shares increased to QR229,818,747.29 from QR153,582,968.48 on Sunday.
Among the top gainers were Qatar National Bank which was up 2.29 percent to QR161.00, Industries Qatar rose 0.25 percent to QR158.00, Commercial Bank of Qatar gained 1.72 percent to QR70.90 and Electricity and Water up by 0.69 percent to Q160.
The banking and financial sector index was up 1.14 points while consumer goods and services sector index added 0.20 points. The industrial sector gained 0.10 points while insurance sector fell 0.75 points.
Other Gulf bourses rose yesterday as investors triggered a fresh buying spree at the start of the third quarter, and expectations of a strong earnings season in coming weeks boosted stocks in the United Arab Emirates.
Dubai’s index climbed 2.5 percent to a one-week high and extending 2013 gains to 40.4 percent. Trading volumes improved compared to recent sessions but remained unimpressive.
Abu Dhabi’s index added 1.7 percent to hit an 11-day high. Aldar Properties surged 6.4 percent, extending gains since its merger with Sorouh Real Estate.
In Saudi Arabia, the benchmark rose one percent to a near three-week high and closed less than 100 points away from matching an 11-month peak of early June.
Banks and petrochemical shares led gains with banking sector index adding 1.5 percent and the latter gaining 1.1 percent.
Elsewhere, Oman’s measure advanced 1.5 percent to its highest level since June 16.
Agencies
