The Qatar Stock Exchange index ended trading this week with a 0.32 percent increase, rising to 10,130 points after adding 32,390 points compared to last week’s closing, supported by four sectors.
In this context, Yousef Buhaliqa, a financial markets analyst, told Qatar News Agency (QNA) that the Qatar Stock Exchange index rose by 0.32 percent in the past five days and by 1.2 percent in the past 30 days. Buhaliqa expected that the Qatar Stock Exchange would attract more liquidity in the coming period with the progress in announcing more companies’ results, noting that the profits of the listed companies that have revealed their results so far have increased by 6.96 percent to reach 18.577 billion riyals.
Bu Hulaiga attributed the decline recorded by the general index in yesterday’s session to the shares of the manufacturing and Qatar Industries, which declined by 2.34 percent and 1.9 percent respectively.
Sector-wise, banking was the best performing sector this week, up 1.5 percent, while industrials was the worst performing sector, up -0.980 percent. Last week saw liquidity levels of SAR 1.541 billion, with an average of SAR 308.2 million per session, while trading volume reached 568,640,787 shares, with 59,881 deals across all sectors.
The Qatar Stock Exchange index closed yesterday down by 23.30 points, or 0.23 percent, to reach 10,130.75 points. During the session, 116 million, 822 thousand, and 806 shares were traded, worth 291 million, 394 thousand, and 645.924 riyals, as a result of executing 11,766 deals in all sectors.
During the session, the shares of 16 companies rose, while the shares of 30 other companies decreased, while 4 companies maintained their previous closing prices. The market capitalization, at the end of the trading session, reached 585 billion, 810 thousand, 180 thousand, and 409.480 riyals, compared to 586 billion, 975 million, 991 thousand, and 990.550 riyals, in the previous session.
