QE trading value and volume rise

 02 Sep 2016 - 0:00

DOHA: Qatar Exchange (QE) index  declined 298.07 points or 2.68 percent last week after the bourse closed at 10,836.74 points yesterday. The index dropped 153.05 points or 1.39 percent yesterday.

The bourse fell for a second straight day yesterday after FTSE published a list of stocks to be included in its secondary emerging market index.
Although Qatar’s upgrade to emerging market status is widely seen as positive for the market, investors had bought up stocks in anticipation of the list’s publication in recent weeks, leaving many shares at or above analysts’ estimates of fair value, Reuters reports.
Trading value last week increased by 110.71 percent to reach QR1.7bn compared to QR808m at the end of previous week.
Trading volume increased by 84.97 percent to reach 36.7m shares, as against 19.9m shares, while the number of transactions rose by 46.35 percent, to reach 23,200 transactions as compared to 15,852 transactions.
Market capitalisation fell by 2.48 percent to reach QR580.7bn as compared to QR595.5bn at the end of previous week.
Banking and Financial Services sector led traded value last week with 42.9 percent of the total traded value. Industries sector accounted for 20.59 percent. Telecoms sector accounted for 14 percent and Real Estate sector accounted for 8.99 percent.
Banking and Financial Services sector led traded volume last week and accounted for 33.71 percent of the total traded volume. Real Estate sector accounted for 19.54 percent. Industries sector accounted for 18.45 percent and Telecoms sector accounted 14.21 percent.
Banking and Financial Services sector led traded number of transactions last week and accounted for 33.95 percent of the total number of transactions. Industries sector accounted for 23.12 percent. Real Estate sector accounted for 13.67 percent and Telecoms sector accounted for 13.58 percent.
Of the 44 companies listed, two ended higher while 42 fell. QNB led traded value last week and accounted for 19.88 percent of the total traded value. Ooredoo accounted for 11.71 percent and Industries Qatar accounted for 9.15 percent.
Yesterday, the volume of shares traded up to 10.8m from 10m on Wednesday and the value of shares decreased to QR512.7m from QR530.8m on Wednesday. 
Of the 44 companies listed on QSE six gained, 37 closed lower and one remained unchanged. Indices of all sectors ended in the red yesterday.
QSE Total Return Index dropped -1.39 percent to 17,533.13 points. QSE Al Rayan Islamic Index dropped -1.69 percent to 4,093.37 points and QSE All Share Index dropped 1.34 percent to 2,982.21 points.

The Peninsula 

DOHA: Qatar Exchange (QE) index  declined 298.07 points or 2.68 percent last week after the bourse closed at 10,836.74 points yesterday. The index dropped 153.05 points or 1.39 percent yesterday.

The bourse fell for a second straight day yesterday after FTSE published a list of stocks to be included in its secondary emerging market index.
Although Qatar’s upgrade to emerging market status is widely seen as positive for the market, investors had bought up stocks in anticipation of the list’s publication in recent weeks, leaving many shares at or above analysts’ estimates of fair value, Reuters reports.
Trading value last week increased by 110.71 percent to reach QR1.7bn compared to QR808m at the end of previous week.
Trading volume increased by 84.97 percent to reach 36.7m shares, as against 19.9m shares, while the number of transactions rose by 46.35 percent, to reach 23,200 transactions as compared to 15,852 transactions.
Market capitalisation fell by 2.48 percent to reach QR580.7bn as compared to QR595.5bn at the end of previous week.
Banking and Financial Services sector led traded value last week with 42.9 percent of the total traded value. Industries sector accounted for 20.59 percent. Telecoms sector accounted for 14 percent and Real Estate sector accounted for 8.99 percent.
Banking and Financial Services sector led traded volume last week and accounted for 33.71 percent of the total traded volume. Real Estate sector accounted for 19.54 percent. Industries sector accounted for 18.45 percent and Telecoms sector accounted 14.21 percent.
Banking and Financial Services sector led traded number of transactions last week and accounted for 33.95 percent of the total number of transactions. Industries sector accounted for 23.12 percent. Real Estate sector accounted for 13.67 percent and Telecoms sector accounted for 13.58 percent.
Of the 44 companies listed, two ended higher while 42 fell. QNB led traded value last week and accounted for 19.88 percent of the total traded value. Ooredoo accounted for 11.71 percent and Industries Qatar accounted for 9.15 percent.
Yesterday, the volume of shares traded up to 10.8m from 10m on Wednesday and the value of shares decreased to QR512.7m from QR530.8m on Wednesday. 
Of the 44 companies listed on QSE six gained, 37 closed lower and one remained unchanged. Indices of all sectors ended in the red yesterday.
QSE Total Return Index dropped -1.39 percent to 17,533.13 points. QSE Al Rayan Islamic Index dropped -1.69 percent to 4,093.37 points and QSE All Share Index dropped 1.34 percent to 2,982.21 points.

The Peninsula