By: Eman Ghaly

Mubasher: The Qatar Stock Exchange (QSE) closed the week ended 7 June in the green, supported by the sectors's massive growth.

The general index of the QSE rose  361.79 points, or 4.07%, to close the week at 9,242.30 points.

Market capitalisation went up 4.02% to QAR 511.54 billion over the week, compared to QAR 491.78 billion in the week ended 31 May.

The QSE’s liquidity went down 59.06% to QAR 2.56 billion from QAR 5.76 billion in the previous week, while the market’s trading volume declined 37.3% to 62.05 million shares versus 66.65 million last week.

On a weekly basis, transactions slid 23.04% to 29,360 against 38,150.

The insurance sector topped the QSE’s risers adding 12.5%, followed by the telecommunication and goods sectors, which levelled up 8.8% and 4.8%, respectively.

Similarly, the banking sector advanced 3.8%, followed by the increase of the industrial, real estate and transportation sector with 2.9%, 2.8% and 0.66%, respectively.

Over the week, 32 stock levelled up, spearheaded by Qatar Insurance’s stock which grew 19.3%, while 9 stock dropped, topped by Qatar Navigation’s stock which retreated 5.2%, and 4 stocks kept unchanged.

Translated by: Kholoud Mohamed Hussein