DOHA: The Qatar Stock Exchange (QSE) benchmark index gained 537.98 points, or 6.27 percent in April 2018, as compared to the previous month. The index closed the month at 9,111.97 points. The index tumbled 1.65 percent yesterday and closed the week at 8,805.76. The market was up 3.31 percent year-to-date.
Trading value during April was decreased by 5.78 percent to reach QR 6.07bn compared to QR 6.44bn in March. Trading volume decreased by 4.38 percent to reach over 249 million shares, as against more than 260 million shares, while the number of transactions fell by 8.04 percent, to reach 81,989 transactions as compared to 89,162 transactions during March.
The Industrials sector led trading value during April, accounting for 31.03 percent of the total trading value, followed by banks and financial services sector (30.35 percent), the consumer goods and services sector (11.47 percent), telecoms (10.45 percent) and real estate (8.51 percent).
Market capitalization rose by 8.26 percent at the end of April to reach QR 509bn as compared to QR 470bn in March.
In April, the trading volume was led by the industrial sector, accounting for 30.27 percent of the total volume, followed by telecom sector (22.05 percent), the banks and financial services (21.67 percent), real estate sector (13.92 percent), transportation (6.40 percent) and consumer goods and services (3.40 percent).
A total of 21 companies of the 45 listed companies ended the month higher, while 24 fell.
