Qatar Exchange Index Drops 525.10 Points This Week
Qatar Exchange index lost 525.10 points (4.05%) this week when it closed trading at 12,453.76 points Thursday afternoon.
Trading value QR 3,150,311,424.60 during this week decrease by 22.08% to QR 4,043,021,173.27. The trading volume decreased by 33.29% to reach 66,687,395 shares as against 99,971,954 shares. The number of transactions rose by 1.03%, to reach 46,935 transactions as compared to 46,458 transactions.
The market capitalization fell by 3.34% to reach QR 681,578,355,544.47 as compared to QR 705,094,849,620.53 at the end of previous week.
Banks and Financial Services sector led traded value this week with 39.11% of the total traded value. Industries sector accounted for 19.00%. The Real Estate accounted for 16.92% and Telecoms sector accounted for 8.87%.
Banks and Financial Services sector led traded volume this week with 29.7% of the total traded volume. Real Estate sector accounted for 29.59%. Telecoms sector accounted 13.11% and Industries sector accounted for 11.07%.
Banks and Financial Services sector led traded number of transactions this week with 33.68% of the total number of transactions. Industries sector accounted for 21.87%. Real Estate sector accounted for 19.34% and Consumer Goods and Services sector accounted for 8.76%.
From the 43 listed companies, 11 ended this week higher, 31 fell and one unchanged.
Masraf Al Rayan topped the traded value this week with 15.89% of the total traded value. Qatar National Bank (QNB) accounted for 9.62%. Barwa Real Estate accounted for 8.42%.
Source : Qatar News Agency