QSE loses 154 pts in week; market caps falls to QAR 577bn

Mubasher: The Qatar Stock Exchange (QSE) closed the week ended 15 November with a negative performance, after two straight weeks of gains.

The general index dropped 1.49%, or 153.98 points, to close the week at 10,214.19 points.

Market capitalization plunged 0.83% to QAR 576.6 billion over the week, compared to QAR 581.5 billion in the week ended 8 November.

The QSE’s liquidity rose 5.88% to QAR 1.17 billion from QAR 1.10 billion the previous week, while traded volume declined 7.53% to 26.98 million shares this week versus 29.18 million last week.

On a weekly basis, transactions inched down 0.70% to 19,830 against 19,970.

The goods sector topped the QSE’s losers falling 7.4%, followed by the industrial, telecommunication and insurance sectors with 2.30%, 2.19%, and 0.82%, respectively.

Meanwhile, the banking sector was the bourse’s only gainer adding 0.37%.

During the week, 36 stocks fell, spearheaded by Qatar Fuel (Woqod) which lost 11.07%.

On the other hand, six stocks grew led by Qatar for Cinema and Film Distribution after adding 5.41%, while three stocks remained unchanged.

Mubasher Contribution Time: 15-Nov-2018 15:00 (GMT)
Mubasher Last Update Time: 15-Nov-2018 15:12 (GMT)