By: Eman Ghaly
Mubasher: The Qatar Stock Exchange (QSE) closed the week ended 12 July in the green, registering its third weekly gain in a row, supported by increases across four sectors.
The QSE's general index added 0.63%, or 58.58 points, to close the week at 9,318.53 points.
Market capitalisation levelled up 0.81% to QAR 508.3 billion, compared to QAR 504.2 billion in the week ended 5 July.
The QSE’s liquidity retreated 24.8% to QAR 779.53 million from QAR 1.04 billion the previous week, while the market’s trading volume declined 24.7% to 32.52 million shares versus 43.18 million last week.
On a weekly basis, transactions tumbled 13.34% to 14,180 against 16,360.
By the end of the week, the banking sector topped the QSE’s risers adding 1.19%, followed by the goods, industrial and transportation sectors, which recorded 0.79%, 0.72%, and 0.40%, respectively.
On the flipside, the insurance sector headed the bourse’s decliners falling 0.89%, followed by the real estate and telecommunication sectors, which went down 0.78% and 0.64%, respectively.
During the week, 24 stocks grew, spearheaded by Zad Holding Company, which added 3.52%.
On the other hand, 20 stocks dropped led by the Doha Insurance, which shed 5.21%. Investment Holding Group’s stock remained unchanged at QAR 5.46.
Translated by: Kholoud Mohamed Hussein
