QSE investors became QR26.75bn richer last week - The Peninsula Qatar

QSE investors became QR26.75bn richer last week - The Peninsula Qatar:

Qatar Stock Exchange’s (QSE) benchmark index made a remarkable gain during the last week powered by banking and industrial sector stocks. The QSE index gained 373.33 points, or 3.89 percent, last week when the bourse closed yesterday at 9,981.22 points. Investors at the exchange became QR26.75bn richer as the market cap rose by 5.11 percent to reach QR550.53bn as compared to QR523.78bn at the end of previous week.

Trading value during last week increased by 25.84 percent to reach QR1.21bn compared to QR967.03m. Trading volume increased by 31.72 percent to reach 41.07 million shares, as against 31.18 million shares, while the number of transactions rose by 21.63 percent, to reach 18,711 transactions as compared to 15,383 transactions.

Banking and Financial Services sector led traded value last week with 46.21 percent of the total traded value. Industries sector accounted for 16.12 percent. Transportation sector accounted for 10.10 percent and Real Estate sector accounted for 9.46 percent.