Arab Today, arab today qatar exchange’s index drops 9046 points this week
Last Updated : GMT 19:02:12
Arab Today, arab today
Arab Today, arab today

Qatar exchange’s index drops 90.46 points this week

Arab Today, arab today

Arab Today, arab today Qatar exchange’s index drops 90.46 points this week

Doha - Qna

Qatar Exchange index dropped 90.46 points (1.07%) during this week to close at 8,393.25 points when trading was adjourned for the weekend here today. Market capitalization fell by 1.05% to close at QR 446,734,801,378.32 compared to QR 451,455,540,889.17 at the end of the previous week. From the 42 listed companies 12 fared well to note gains while 28 fell and two maintained last week’s status quo. Masraf Al Rayan led trading value during this week with 14.79% of the total traded value. Industries Qatar accounted for 13.66% and Qatar National Bank accounted for 10.81%. The trading value during this week decreased by 28.74% to close at QR 582,653,066 compared to QR 817,666,627.62 last week. The trading volume decreased by 16.81% at 15,637,163 shares as against 18,797,073 shares last week. The number of transactions were 11,587, a drop by 13.16% compared to last week’s 13,343 transactions. Banking and financial sector led the trading value accounting for 48.49% of the total traded value. Services sector came next with 33.27% followed by industrial sector with 16.42% and lastly insurance sector which accounted for 1.81%. Services sector led the trading volume during this week with 47.19% of the total traded volume. Banking and financial sector accounted for 43.51%, industrial sector accounted for 8.19% and insurance sector accounted for 1.11%. Services sector led the number of transactions traded during this week with 42.21% of the total number. Banking and financial sector accounted for 42.10%, industrial sector accounted for 13.72% and insurance sector accounted for 1.97%.

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