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Business / Qatar Business

QSE index gained 85.59 points last week

Published: 08 Nov 2019 - 06:54 am | Last Updated: 17 Nov 2021 - 05:51 pm

The Peninsula

DOHA: Qatar Stock Exchange’s (QSE) benchmark index gained 85.59 points, or 0.84 percent, last week when the bourse closed yesterday at 10,274.56 points.

Trading value during last week decreased by 14.94 percent to reach QR878.34m compared to QR1.03bn.

Trading volume increased by 30.55 percent to reach 433.73 million shares, as against 332.24 million shares, while the number of transactions fell by 0.67 percent, to reach 22,521 transactions as compared to 22,674 transactions.

Market cap rose by 0.91 percent to reach QR568.53bn as compared to QR563.42bn at the end of previous week, reports QNA.

Banking and Financial Services sector led traded value last week with 47.04 percent of the total traded value. Industries sector accounted for 15.91 percent. Consumer Goods and Services sector accounted for 14.69 percent and Real Estate sector accounted 8.81 percent.

Banking and Financial Services sector led traded volume last week with 38.58 percent of the total traded volume. Real Estate sector accounted for 19.57 percent. Industries sector accounted for 18.86 percent and Consumer Goods and Services sector accounted 12.89 percent.

When compared on daily basis, the QSE index dropped 10.82 points or 0.11 percent, compared to Wednesday’s closing.