Qatar Exchange Index Drops 227.29 Points This Week
Qatar Exchange index dropped 227.29 points (1.75%) this week when the bourse closed at 12,727.64 points Thursday afternoon.
The trading value of QR 5,100,291,233.51 is a decrease by 30.53% this week compared to QR 7,341,740,117.18 the previous week.
The trading volume of 134,151,810 shares is a decrease by 36.97% compared with 212,836,667 shares last week. The 54,785 transactions is a drop by 29.11% compared with 77,279 transactions last week.
The market capitalization of QR 725,688,229,471.90 is a drop by 8.86% compared with QR 796,219,963,591.30 at the end of previous week.
Real estate led the traded value this week with 38.54% of the total traded value. Banks and financial services accounted for 21.99%. Industries accounted for 15.78%, and consumer goods and services accounted for 11.21%.
Real estate led the traded volume this week with 51.11% of the total traded volume. Banks and financial services accounted for 16.89%. Consumer goods and services accounted for 8.44%, and industries accounted for 8.06%.
Real estate topped the number of transactions this week, accounting for 32.17% of the total transactions. Banks and financial services accounted for 21.99%. Industries accounted for 19.63%, and consumer goods and services accounted for 11.51%.
From the 43 listed companies, 36 dropped, six ended this week higher while one remained unchanged.
United Development Company led the traded value this week with 16.7% of the total traded value. Barwa Real Estate accounted for 13.02% while Industries Qatar accounted for 6.80%.
Source : Qatar News Agency