QE index drops 183.88 points during last week
03 Jun 2016 - 9:55
DOHA: Qatar Exchange’s (QE) benchmark index lost 183.88 points, or 1.89 percent, during the last trading week when the bourse closed yesterday at 9,532.60 points.
Trading value during the week increased by 31.83 percent to reach about QR1.05bn compared to about QR794.34m witnessed during the previous week.
Trading volume increased by 19.79 percent to reach about 26.33 million shares, as against about 21.98 million shares, while the number of transactions fell by 6.31 percent, to reach 15,193 transactions as compared to 16,217 transactions.
Market cap fell by 1.82 percent to reach about QR517.14bn as compared to about QR526.71bn at the end of previous week. Banking and Financial Services sector led traded value during the week with 36.22 percent of the total.
Industries sector accounted for 26.24 percent. Insurance sector accounted for 8.69 percent and Real Estate sector accounted for 8.18 percent .
Banking and Financial Services sector led traded volume during the week with 31.93 percent of the total. Industries sector accounted for 20.49 percent.
Real Estate sector accounted for 16.02 percent and Telecoms sector accounted 14.14 percent .
Banking and Financial Services sector led in terms of the number of traded transactions during the week with 27.72 percent of the total. Industries sector accounted for 22.69 percent. Telecoms sector accounted for 15.28 percent and Real Estate sector accounted for 12.64 percent.
From the 44 listed companies four ended higher, while 38 fell and two remained unchanged.
QNB led trading value during the week accounting for 11.07 percent of the total trading value. Gulf International Services accounted for 10.75 percent and Qatar Islamic Bank accounting for 9.73 percent, reports QNA.
When compared on daily basis, the QE index dropped 39.72 points, or 0.41 percent, yesterday compared to previous day (Wednesday).
The volume of shares was down to about 4.82 million yesterday compared to about 5.2 million on Wednesday, and the value of shares increased to about QR222.74m from about QR202.17m on Wednesday.
From the 44 companies listed on QE, shares of 42 saw trading yesterday.
From these 10 gained, 26 closed lower and six remained unchanged. Indices of one sector ended in the green and six in red.
QE Total Return Index dropped 0.41 percent to 15,423.11 points. QE Al Rayan Islamic Index dropped 0.70 percent to 3,721.77 points and QE All Share Index dropped 0.40 percent to 2,672.29 points.