Mubasher: The Qatar Stock Exchange (QSE) closed the week ended 22 November on a positive note after surging 114.29 points, or 1.12%, to 10,328.48 points, compared to a week earlier.
On a weekly basis, the bourse’s market capitalisation value rose 1.25% to QAR 583.82 billion ($161 billion) this week against QAR 576.63 billion ($159.02 billion).
The telecoms sector was the best performer by the end of the week with 4.88%, followed by the real estate sector with 3.11%, the consumer goods and services sector also grew 1.54%, while the banks and financial services sector went up 1.23%.
On a related note, the industrials and transportation sectors inched up 0.17%, each. The insurance sector decreased by 1.05%.
Around 26 stocks went up over the week, led by Qatar Cinema and Film Distribution Company’s stock with 14.10%, whereas 18 stocks fell, led by Islamic Holding Group’s (IHGS) stock with 6.35%.
Ahli Bank’s stock only remained unchanged at QAR 30.
The QSE’s liquidity dipped 7.92% to QAR 1.08 billion this week, against QAR 1.17 billion in the week before, while traded volume declined 5.82% to 25.41 million shares, compared to 26.98 million.
On a weekly basis, the number of implemented transactions rose 2.17% to 20,260, against 19,830.
