Doha – Mubasher: The Qatar Stock Exchange (QSE) closed Monday in green, recording its fourth rise in a row.
The benchmark index rose 2.29% or 232.08 points to the level of 10,368.65 points, Al Rayan Islamic Index moved higher 2.71% to 3,874.22 points, and the All Share Index grew 2.11% to 2,800.11 points.
“The Qatari markets need more liquidity in the upcoming period to be able to break above the levels of 10,400 points and 10,500 points,” Markets analyst Ahmed Aql told Mubasher.
Trading volume increased 49.1% to 23.3 million shares from 15.63 million shares exchanged on Thursday. Turnover also rose 39.37% to QAR 652.83 million ($179.27 million), versus QAR 468.43 million ($128.6 million) last session.
The bourse’s main sectors advanced collectively, topped by insurance, real estate and telecom as they rose 4.01%, 3.24% and 3.14%, respectively.
Dlala Holding was the best performing share after adding 9.97%, while Widam Food was the worst as it slid 1.44%.
Vodafone Qatar was the most active in terms of volume with 3 million traded shares, while Gulf International recorded the highest turnover with liquidity of QAR 99.13 million ($27.22 million).
The benchmark index closed Thursday at the level of 10,136.57 points after rising 1.22% or 122.147 points.
Translated by: Elwy el-Manzalawy
