DOHA: Qatar Exchange index added 0.46 percent after a one-session decline to hit another 52-week high yesterday. The index rose 44.58 points to 9,694.70 points from the previous closing of 9,650.12 points.
The market capitalisation crossed QR531bn. The value of shares increased to QR305m from Wednesday’s QR263m. Among the top gainers were Qatar National Bank whose share rose 0.95 percent to QR170.00, United Development Company up 2.66 percent to QR23.90, Qatar Islamic Bank gained 3.43 percent to QR70.30 and Ooredoo up 0.80 percent to QR137.90.
The Banking and Financial sector gained 0.39 points while the Service sector up 0.63 points. The industrial sector rose 0.63 points and Insurance sector up 0.02 points, yesterday.
The QE index sustained its weekly gain hugely supported by Telecoms sector, up 8.14 percent this week. The bourse gained 144.83 points 1.52 percent this week when trading closed at 9,694.70 points yesterday. The trading value increased by 38.79 percent to reach QR1.35 bn compared to previous week’s QR QR974m.
The trading volume of increased by 19.01 percent to cross 28m shares as against 24m last week. The number of transactions rose by 30.73 percent when it reached 16,699 transactions as compared to 12,774 transactions the previous week.
The market capitalisation rose by 1.40 percent to reach QR531.96bn compared to QR524.619bn noted at the end of previous week.
Banks and financial services led the traded value this week with 36.53 percent of the total traded value. Industries accounted for 17.61 percent. Consumer goods and services accounted for 16.31 percent and real estate accounted for 12.96 percent.
Banks and financial services led the traded volume this week with 33.63 percent of the total traded volume. Real estate accounted for 26.33 percent.
Consumer goods and services accounted for 12.55 percent and industries accounted for 10.53 percent..
Banks and financial services led the number of transactions this week with 33.88 percent of the total number of transactions. Industries accounted for 19.16 percent. Consumer goods and services accounted for 15.17 percent and real estate accounted for 11.58 percent.
Of the 42 listed companies 23 ended this week higher while 16 fell and three remained unchanged.
United Development Company led traded value this week with 9.48 percent of the total traded value. Industries Qatar accounted for 9.08 percent and Qatar National Bank accounted for 8.69 percent.
The Peninsula
