Doha – Mubasher: The Qatar Stock Exchange (QSE) grew 0.22% to close at 8,146.23 points, with a turnover of QAR 1.29 billion in the week ended 2 November.
Market capitalisation levelled up 0.29% to QAR 443.47 billion from QAR 442.19 billion in the week ended 26 October.
QSE’s trading value dropped 9.79% to QAR 687.95 million versus QAR 762.57 million in the previous week.
Trading volume decreased by 17.24% to 30.76 million shares, compared to 37.96 million shares.
On the other hand, transactions went up 11.65% to 10,950 from 9,810 in the week ended 2 November.
The banks sector acquired 44.4% of QSE’s trading value, while the industrial, transportation, and the real estate sectors made up 15.9%, 11.2%, and 9.7%, respectively.
The banks sector topped the market in terms of trading volume, accounting for 36.1%, followed by the industrial, the real estate, and the telecommunications sectors, which made up 23.2%, 16.8%, and 7.9%, respectively.
Qatar National Bank (QNB) acquired the largest portion of the QSE’s trading volume in week, making up 18.6% of the traded shares, followed by Qatar Navigation (Milaha) and Qatar Fuel (Woqod), which accounted for 8.9% and 6.4%, respectively.
During the week, 18 stocks rose, led by Aamal, which jumped 3.45%, while 24 stocks decreased, headed by Salam International, surging 9.09%.
