QSE falls 75 pts in week; market cap drops QAR 1bn

Mubasher: The Qatar Stock Exchange’s (QSE) general index retreated 75.36 points, or 0.7%, to close at 10,712.39 points in the week ended 24 January, from 10,787.75 points in the prior week.

The QSE’s liquidity shrank 20.6% to QAR 1.15 billion, from QAR 1.45 billion in the week ended 17 January, while trading volume saw a similar decline to 39.07 million shares exchanged, against 49.23 million a week earlier.

The heavyweight Qatar National Bank’s (QNB) stock led the bourse in terms of trading value, accounting for 16.32%, followed by Industries Qatar and Masraf Al Rayan, which made up 7.96% and 7.58%, respectively.  

Over the week, six sectors fell led by the transportation sector with 3.07%, while the real estate sector was the only riser with 2.3%.

The QSE’s market capitalisation fell QAR 1.04 billion ($287.4 million), or 0.17%, to QAR 615.87 billion, against QAR 616.91 billion last week

MUBASHER Contribution Time: 24-Jan-2019 13:59 (GMT)
MUBASHER Last Update Time: 24-Jan-2019 13:59 (GMT)