QE index posts 1.55pc weekly gain

 08 Aug 2014 - 0:00



DOHA: Qatar Exchange index gained 199.02 points, or 1.55 percent, in the past week as the bourse closed trading at 13,076.33 points yesterday.
During the week the trading value surged to QR3.36bn from the previous week’s QR473m.
The trading volume soared to over 85 million shares from 11 million shares.
The market capitalisation increased to QR695bn, any increase by 0.77 percent. Banks and financial services led traded value accounting for 30.37 percent of the total traded value. Real estate accounted for 29.13 percent. Industries accounted for 18.12 percent, and consumer goods and services accounted for sector, which accounted for 11.60 percent.
Real estate topped the number of transactions this week accounting for 28.8 percent of the total transactions. Banks and financial services accounted for 26.82 percent. Industries accounted for 22.74 percent, and consumer goods and services accounted for 9.56 percent.
Of the 43 listed companies, 38 companies ended this week higher, while five fell.
Mazaya Qatar topped the traded value accounting for 11.96 percent of the total traded value. United Development Company accounted for 8.75 percent and Industries Qatar accounted for 6.66 percent.
Yesterday, the main index dropped 27.12 points, or 0.21 percent, to finish at 13,076.33 points.
The trading value reached QR829.767m with a volume of 13 million shares from 7,182 transactions.
All sector indices closed higher barring industries which dropped by 0.86 percent.  Islamic Holding led the gainers yesterday, significantly up by 9.72 to QR79.