QSE adds 87 pts in week, market cap inches up 0.51%

Mubasher: The Qatar Stock Exchange (QSE) closed the week ended 8 November 2018 up for the second week in a row with capital gains of QAR 2.94 billion.

The QSE's general index increased 0.85%, or 87.21 points, to close the week at 10,368.17 points.

Market capitalization inched up 0.51% to QAR 581.46 billion over the week, compared to QAR 578.52 billion in the week ended 1 November.

The QSE’s liquidity rose 11.26% to QAR 1.1 billion from QAR 944.1 million in the previous week, while trading volume went up 14.06% to 29.2 million shares this week versus 25.6 million last week.

On a weekly basis, transactions jumped 30.84% to 19,970 against 15,260.

The real estate sector topped the bourse’s risers adding 4.11%, followed by the goods, telecommunication and industry sectors with 3.59%, 2.98%, and 0.05%, respectively.

On the flipside, the insurance sector headed the market’s losers falling 0.59%, followed by the banking sector with 0.11%.

During the week, 20 stocks grew, spearheaded by Qatar for Cinema and Film Distribution which leapt 20.51%, while 24 stocks went down topped by Qatar National Bank (QNB) which plunged 4.10%, and Mazaya Qatar Real Estate's stock was the bourse’s only stable stock.

Mubasher Contribution Time: 08-Nov-2018 14:41 (GMT)
Mubasher Last Update Time: 08-Nov-2018 14:48 (GMT)

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