QSE market cap falls to QAR 443.7bn in week

Mubasher: The Qatar Stock Exchange (QSE) ended the week on Thursday, 5 October in the red zone after falling 2.17% or 180.38 points reaching 8,132.05 points, against 8,312.43 points in the previous week.

On a weekly basis, the QSE’s market capitalisation declined 2.40% or QAR 10.9 billion to reach QAR 443.7 billion by the end of the week, against QAR 454.6 billion.

The bourse's liquidity slid 33.9% registering QAR 824.2 million on 5 October, against QAR 1.2 billion on 28 September.

Trading volume retreated 32.3% to reach 38.5 million shares by the end of the week, against 56.9 million shares on 28 September.

On a weekly basis, the number of transactions levelled down 32.81% reaching 10,550, against 15,700 transactions.

The banks sector topped traded value during the week, with 48.1%, followed by the industrials sector with 17.1%, the telecoms sector with 14.2%, and the real estate with 10.4%.

The banks sector led trading volume after acquiring 25.7%, followed by the telecoms sector with 24.7%, the industrials sector with 22.9%, and the real estate sector with 17.7%.

The stock of Qatar National Bank (QNB) topped trading value with 26.9%, Vodafone Qatar with 9%, and Masraf Al Rayan with 6%.

During the week 35 stocks tumbled, led by Ezdan Holding Group’s stock with 12.86%, whereas seven stock went up, topped by Gulf Warehousing Company’s stock with 2.08%, and three stock remained unchanged from their previous week closings.

Mubasher Contribution Time: 05-Oct-2017 17:36 (GMT)
Mubasher Last Update Time: 05-Oct-2017 17:36 (GMT)