Weekly Market Report

Weekly Market Report:

"The Qatar Stock Exchange (QSE) index decreased 56.11 points, or 0.64%, during the trading week to close at 8,749.65. Market capitalisation decreased by 1.25% to QR482.4bn versus QR488.5bn at the end of the previous trading week. Of the 45 listed companies, 15 ended the week higher, while 27 declined and three remained unchanged. Dlala Brokerage & Investments Holding Co (DBIS) was the best performing stock for the week with a gain of 20.9% on 3.0mn shares traded. On the other hand, Aamal Holding (AHCS) was the worst performing stock with a decline of 7.2% on 478k shares traded. QNB Group (QNBK), Qatar Islamic Bank (QIBK) and Barwa Real Estate (BRES) were the primary contributors to the weekly index declines. QNBK was the biggest contributor to the index’s decrease, deleting 42.4 points from the index. QIBK was the second biggest contributor to the mentioned losses, shaving off 18.5 points off the index. Moreover, BRES removed 10.1 points from the index. However, Vodafone Qatar (VFQS) added 12.9 points to the index."



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