Doha – Mubasher: The Qatar Stock Exchange (QSE) has witnessed a negative performance for the second week in a row, recording losses of QAR 4.08 billion.
The QSE’s benchmark slipped 0.54% or 43.93 points to 8,128.25 points this week ended Thursday, 26 October.
Market capitalisation tumbled 0.91% to QAR 442.19 billion from QAR 446.27 billion last week.
Liquidity rose 2.21% to QAR 762.57 million from QAR 746.10 million in the week before.
Trading volume increased 1.77% to 37.17 million shares this week from 31.83 million shares.
On the other hand, transactions retreated 12.98% to 9,810 from 11,270 in the previous week.
The banks, industrial, real estate, and communication sectors dominated 44.71%, 22.01%, 10.81%, and 9.10% of market transactions during this week, respectively.
The banks sector ranked first in terms of traded volumes by 49.33%, followed by the industrial real estate, and communication sectors which made up 16.46%, 16.21%, and 11.68%, respectively.
Qatar National Bank (QNB), Qatar Electricity and Water Co, and Qatar First Bank (QFB) dominated 14.17%, 11.12%, and 10.73% of the market’s trading, respectively.
Both Al Khaleej Takaful Group and Islamic Holding Group led 33 losers with 7.73% for each this week, while Qatar Islamic Insurance topped 11 gainers with 2.08%.
