Published On: Fri, Aug 29th, 2014

Qatar Exchange Index Drops 333.04 Points This Week

kuwait stock exchange

kuwait stock exchange

Qatar Exchange index dropped 333.04 points (-2.42%) this week when trading closed Thursday at 13,443.16 points.
The trading value this week increased by 11.59% to reach QR 4,862,662,105.55 compared to QR 4,357,684,767.51 last week.
The trading volume decreased by 21.71% to reach 80,612,848 shares, as against 102,971,015 shares, while the number of transactions fell by 3.12%, to reach 40,604 transactions as compared to 41,910 transactions.
The market capitalization fell by 1.47% to reach QR 719,428,815,979.17 as compared to QR 730,194,977,260.67 at the end of previous week.
Banks and financial services led the traded value this week, accounting for 48.43% of the total traded value, industries accounted for 24.34%. Real estate accounted for 14.73%, and telecoms accounted for 4.55%.
Real estate led trading volume during this week , accounting for 34.99% of the total trading volume, followed by banks and financial services sector, which accounted for 33.32%. Industries accounted for 12.39% and telecoms accounted for 8.40%.
Banks and financial services topped the number of transactions this week accounting for 38.5% of the total number of transactions. Industries accounted for 24.49%. Real estate accounted for 19.55%, and consumer goods and services sector accounted for 5.92%.
From the 43 listed companies 13 companies ended the week higher while 30 fell.
Qatar National Bank topped the trading value this week with 17.37% of the total traded value, Industries Qatar accounted for16.45% and Masraf Al Rayan accounted for 8.25%.

Source : Qatar News Agency

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