Doha, Qatar: Stocks in the Qatar Stock Exchange (QSE) have continued their bull run with an impressive beginning of yesterday’s trading. The QSE index jumped 59.33 points or 0.54 percent yesterday to close at 10,953.92 points.
The index concluded last week’s trading up by 4.29 percent, to add 448.48 points, compared to the previous week’s trading, to stand at 10,894 points, sup-ported by the positive performance of the industrial sector that increased by 5.91 percent, real estate sector that increased by 5.64 percent, and banking and financial services that increased by 4.87 percent.
The general index of the Qatar Stock Exchange (QSE) ended Thursday trading, up by 129.620 points, or 1.17 percent, to close at 10,984.590 points. The general index increased by 8.1 percent since the beginning of July and by 4.29 percent at the weekly
close.
During yesterday’s session the volume of shares traded stood at 197.861 million from 244.674 million on Thursday and the value of shares reached QR393.109m from QR617.204m on July 27, as a result of implementing 12,115 deals in all sectors. In the session, the shares of 25 companies rose, while the prices of 25 companies decreased, and four companies maintained their previous closing price.
At the end of the trading session, the market capitalisation reached QR642.754bn, compared to the last trading session, which amounted to QR639.344bn. The indices of three sectors ended in green zone yesterday.
QSE Total Return Index gained 0.54 percent to 23,508.65, QSE Al Rayan Islamic index added 0.48 percent to 4,821.94 points and QSE All Share Index rose 0.51 percent to 3,679.14 points. The indices of banks and financial services, industrials and consumer goods and services gained 0.55 percent, 1.46 percent, 0.40 percent, respectively. While the indices of transportation, real estate, insurance and telecoms decreased 0.95 percent, 0.33, 0.16 and 0.29 percent respectively.
Top gainers in yesterday’s trade were Qatar Aluminum Manufacturing, Qatar Industrial Manufacturing, Industries Qatar, Zad Holding and Al Meera Consumer Goods Company increasing 4.3 percent, 2.2 percent, 2.6 percent, 1.6 percent and 1.4 percent respectively. While Qatar Oman for Investment, Inma Holding, Qatar Electricity and Water, Qatar Navigation and Lesha Bank (QFC) lost 9.8 percent, 2.5 percent, 1.9 percent, 1.7 percent, and 1.5 percent respectively.
In the first week of July, the QSE Index increased by 170.98 points or 1.7 percent during the week to close at 10,245.58. Market capitalisation increased 3 percent to reach QR609.9bn compared with QR592.2bn at the end of the previous trading week. Of the 49 traded companies, 33 ended the week higher and 12 ended lower and four were unchanged. While on July 20, the QSE Index increased by 228.83 points or 2.2 per-cent during the week to close at 10,446.11.
