Mubasher: The Qatar Exchange (QE) closed the week ended 28 June in positive territory, supported by the growth of six sectors, amid heavy trades.
The main index gained 101.51 points, or 1.14%, to 9,024.03 points, compared to the previous week.
Market capitalisation inched up 0.99% to QAR 493.68 billion, from QAR 488.86 billion in the week before.
The telecoms sector rose 4.60%, followed by the consumer goods and services with 4.35%. The transportation, real estate, industrials, banks and financial services sectors added 2.12%, 1.23%, 0.67%, and 0.32%, respectively.
On the flipside, the insurance sector edged down 0.31%.
During the week ended 28 June, 16 stocks went up, led by Dlala Brokerage Investment Holding after jumping 16.75%, whereas Qatar Cinema and Film Distribution Company’s stock tumbled 9.95%.
The heavyweight Qatar National Bank’s (QNB) stock remained stable at QAR 152.
The QSE’s trading volume surged 167.7% to 33.5 million shares this week, compared to 12.5 million shares in the week before. The bourse’s liquidity levelled up 73.4% to QAR 1.04 billion, from QAR 598.30 million.
Over the course of this week, transactions increased 50.7% to register 13,600, compared to 9,020 deals in the week before.
