File photo used for representation only.
Doha: Qatar’s stock market started the month on a positive note as shares surged on the first trading session of December. The Qatar Stock Exchange (QSE) index jumped 133.20 points, or 1.3 percent, to close at 10,395.30 points.
Qatari German for Medical Devices and Inma Holding were among the top two biggest gainers as shares of both the companies surged by around 10 percent, yesterday.
Shares of National Leasing, Qatar Aluminum Manufacturing and Qatar Oman for Investment increased by 3.75 percent, 3.5 percent and 3.4 percent, respectively.
The volume of shares traded decreased to 237 million yesterday from 424 million on Sunday while the value of shares decreased from QR570.9m on Sunday to QR1.68bn yesterday.
Indices of five sectors ended in the green zone, while two sector closed in the red zone yesterday.
QSE Total Return Index gained 1.30 percent to close at 19,984.62 points. QSE Al Rayan Islamic Index increased 0.89 percent to close at 4,233.15 points. QSE All Share Index up 1.44 percent to close at 3,194.78 points.
Surge in shares yesterday follows stellar performance posted by QE Index in November.
The Index has risen over 620 points in November, making it the best monthly performance since start of this year. The QE Index had closed at 10,262 points on November 30, witnessing a rise of around 6.5 percent from 9,640 points on November 1.
