Doha – Mubasher: The Qatar Stock Exchange (QSE) closed the week ended 23 November down for the fourth week in a row amid higher transactions and a slight rise in market capitalisation.
The main index of the QSE slipped 0.36% or 28.20 points this week at 7.742.46 points.
Traded value inched up 0.02% to QAR 418.06 billion at the end of the week.
Liquidity surged 64.7% to QAR 1.4 billion this week, up from QAR 867.6 million last week.
Trading volume rose 62.3% to 60.8 million shares this week, compared to 37.5 million shares last week.
Transactions stood at 22,700 transactions in a week, rising 56.3% from 14,500 transactions in the week before.
The banks sector topped gainers with a 42.5% growth, followed by the industrial, the transportation, and the real estate which levelled up 21.3%, 9.9%, and 8.9, respectively.
The banks sector led trading volume this week with 26.3% of total trading volume, followed by the industrials, the real estate, and the telecom which made up 24.2%, 16.9%, and 13.4%, respectively.
Qatar National Bank (QNB) led stocks, acquiring 22.1% of transactions, followed by Industries Qatar and Qatar Navigation and Qatar Islamic Bank (QIB) which made up 7.7% and 5.9% of transactions, respectively.
About 13 stocks of the 45 QSE-listed companies dropped in a week, while 29 stocks went up and three remained stable.
