Qatar exchange index drops 20.00 points

Qatar Exchange index dropped 20.00 points (0.24%) this week when it closed at 8,483.64 points on Thursday. Trading value during this week increased by 177.58% to reach QR 5,799,926,730.67 compared to QR 2,089,489,327.85 previous week. Traded volume increased by 163.21% to reach 261,975,301 shares, as against 99,530,069 shares, while the number of transactions rose by 326.19%, to reach 18,467 transactions as compared to 4,333 transactions. Market capitalization rose by 0.41% to reach QR 467,589,510,322.32 as compared to QR 465,664,134,659.19 at the end of previous week. From 42 listed companies 22 companies ended this week higher, while 19 fell and 1 unchanged. The Ezdan Real Estate led traded value during this week, accounted for 80.24% of the total traded value. Qatar Meat and Livestock Company accounted for 4.38% and The Islamic Group ranked third accounted for 1.84%. Real Estate sector led traded value during this week, accounting for 81.73% of the total trading value, followed by Banks and Financial Services sector, which accounted for 6.50%. The Consumer Goods and Services sector ranked third accounted for 6.16%, and finally followed by Industrials sector, which accounted for 3.19%. Real Estate sector led traded volume this week with 90.51% of the total traded volume. Banking and Financial Services sector, which accounted for 3.52%. The Industrials sector ranked third, accounted for 2.20% and Consumer Goods and Services sector, which accounted 2.16%. The Banks and Financial Services sector led traded number of transactions this week, accounted for 30.77% of the total number of transactions and Consumer Goods and Services sector, which accounted for 25.84%. The Industrials sector ranked third, accounted for 15.32% and Real Estate sector accounted for 12.53%.