Mubasher: The benchmark index of the Qatar Stock Exchange (QSE) retreated by 1.19% or 107.72 points to 8,922.72 points, thus falling below the 9,000 points mark in the week ended Thursday, 6 July.
Market capitalisation declined by 1.92% or around QAR 9.39 billion to QAR 479.69 billion ($131.21 billion) compared to the previous week’s closing of QAR 489.08 billion ($132.95 billion).
Turnover also fell 10.02% to QAR 1.37 billion over the week, from QAR 1.52 billion, while traded volume slipped 3.85% to 53.62 million shares traded versus 55.77 million.
On the other hand, the number of transactions executed on the QSE in a week increased 3.15% to 18,400 from 17,840 a week earlier.
The banking sector was the most actively traded in terms of traded value and volume, logging 40.8% and 32.28%, respectively, of the QSE’s total trades during the week.
In terms of turnover, the industrial sector came in second with 19.91%, followed by the real estate and telecom sectors with 12.27% and 8.1%, respectively.
In terms of traded volumes, the real estate sector came in second, making up 19.1% of the QSE’s volumes, followed by telecoms and industry with 17.96% and 16.3%, respectively.
A total of nine stocks, out of the 44 QSE-listed ones, ended the week in the green, whereas 35 stocks ended down and one company remained unchanged.
In the last week of trading prior to the Eid Al Fitr holiday, the QSE retreated 2.46%, shedding 227.46 points to 9,030.44 points.
