Mubasher: The Qatar Stock Exchange (QSE) closed the week ended 21 December up for the third week in a row with capital gains of QAR 22.3 billion.
The QSE announced the suspension of trading on Sunday, 17 December and Monday, 18 December on the occasion of the Qatar National Day.
The main index of the QSE increased 4.99%, or 409.40 points, to close the week at 8,211.94 points.
Market capitalisation jumped 4.92% to QAR 475.7 billion over the week, compared to QAR 453.4 billion in the week ended 14 December.
The QSE’s liquidity rose 13.6% to QAR 1.4 billion from QAR 1.2 billion the previous week.
The market’s trading volume declined 0.6% to 60.5 million shares this week versus 60.8 million last week.
On a weekly basis, transactions tumbled 16.9% to 16,700 against 20,100.
The banking sector topped the QSE in terms of trading value with 35.8%, followed by the industrial, insurance and real estate sectors which recorded 30.2%, 9.7% and 8.6, respectively.
Industries Qatar’s stock acquired 16.5% of the market’s trading value, while Qatar National Bank’s and Masraf Al Rayan’s stocks accounted for 12.6% and 9.5%, respectively.
The industrial sector topped the QSE's trading volume this week with 30.5%, meanwhile the banking, telecommunications and real estate sectors registered 24.8%, 17.3% and 15.2%, respectively.
During the week, 42 stocks grew, spearheaded by Salam International which added 14.6%.
On the other hand, two stocks dropped led by the Gulf International Services after shedding 0.39%. Zad Holding Company's stock remained unchanged.
