Qatari bourse gains 204 pts in week

Doha – Mubasher: The Qatar Exchange’s main index rose this week 1.99% to the level of 10,427.91 points, compared to 10,224.13 points last week.

Trading volume declined 43.09% to 31.29 million shares from 54.99 million shares exchanged last week, while turnover decreased 31.99% to QAR 1.11 billion from QAR 1.63 billion.

The banks sector led the market in terms of turnover by 54.08%, followed by the industry and real estate by 14.83% and 12.8%, respectively.

Qatar Cinema led best performing stocks and advanced 9.2%, while Qatar Electricity and Water Co (QEWC) topped losers and decreased 4.3%.

Masraf Al Rayan led trading this week by 20.45% of total trading value, followed by Qatar National Bank and Industries Qatar by 19.6% and 5.4%, respectively.

The market capitalisation rose 2.01% this week to QAR 562.086 billion ($154.224 billion), compared to QAR 551.01 billion ($151.18 billion) a week ago.

Mubasher Contribution Time: 22-Dec-2016 14:39 (GMT)
Mubasher Last Update Time: 22-Dec-2016 14:39 (GMT)