QE market cap rises to QR561.7bn

January 03, 2014 - 7:38:47 am

Officials ring the bell and blow horns to mark the first trading day of the year at the Philippine Stock Exchange in Manila yesterday.

Doha: The Qatar Exchange index gained 154.10 points (1.48 percent) last week when the bourse closed yesterday at 10,545.27 points. 

Trading value during last week decreased by 41.71 percent to reach QR1.2bn compared to QR1.9bn. Trading volume decreased by 47.44 percent to reach 30,505,003 shares, as against 58,041,625 shares the previous week, while the number of transactions fell by 42.63 percent, to reach 16,912 last week as compared to 29,478 the previous week. 

The market capitalisation rose by 1.21 percent to reach QR561.7bn last week compared to QR554.9bn at the end of previous week. 

The banking and financial services sector led trading value last week with 35.07 percent of the total, followed by the industrial sector (34.13 percent), the real estate sector (10.64 percent) and the telecoms sector (6.74 percent).

The banking and financial services sector led traded volume last week with 30.73 percent of the total followed by the telecoms sector (18.92 percent), the real estate sector (17.49 percent) and the Industrial sector (17.32 percent).

The industrial sector led traded number of transactions last week accounting for 33.08 percent of the total. The banking and financial services sector accounted for 31.12 percent, followed by the real estate sector (12.43 percent) and the telecoms sector (8.53 percent).

Of the 42 companies listed, 28 ended higher last week while 13 fell and one remained unchanged. Masraf Al Rayan led traded value last week accounting for 13.03 percent of the total. Industries Qatar accounted for 12.54 percent and The Qatari Investors Group accounted for 10.33 percent.

Yesterday, Qatar Exchange pursued its upswing trend adding 165.68 points or 1.60 percent to 10,545.27 points. Among the top gainers were Industries Qatar which was up 2.01 percent to QR172.30, Masraf Al Rayan gained 3.99 percent to QR32.55, Vodafone Qatar added 2.89 percent to QR11.02 and Barwa Real Estate was up by 2.68 percent to QR30.60. 

The banking and financial sector index rose 1.13 points while consumer goods and services sector index was up 1.37 points. The industrial sector gained 1.96 points while the insurance sector added 0.75 points.

The Peninsula

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