QSE ends week down

Mubasher: The Qatar Stock Exchange (QSE) closed the week ended 11 October down after the general index decreased 0.41%, or 40.95 points, to close the week at 9,861.53 points.

Market capitalisation went down 0.4% to QAR 551.7 billion over the week, from QAR 553.7 billion in the prior week.

The QSE’s liquidity slid 27.8% to QAR 744.28 million from QAR 1.03 billion the previous week, while the number of transactions tumbled 14.84% to 12,660 against 14,860.

The market’s trading volume decreased by 27.7% to 20.69 million shares this week versus 28.61 million shares last week.

The transportation sector topped the QSE’s four losers falling 1.2%, followed by the banking, insurance and industrial sectors with 0.77%, 0.75%, and 0.13%, respectively.

Meanwhile, the real estate sector headed the bourse’s three risers adding 0.84%, followed by the goods and telecommunication sectors, which grew 0.55% and 0.08%, respectively.

During the week, 27 stocks dropped, spearheaded by Qatar National Bank (QNB), which lost 7.8%, while 15 stocks increased topped by Dlala Brokerage and Investment Holding’s 5.5% jump, and three sectors ended the week on a stable note.

Mubasher Contribution Time: 11-Oct-2018 14:45 (GMT)
Mubasher Last Update Time: 11-Oct-2018 14:54 (GMT)