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Home Markets

Qatar Exchange Index Drops 227.29 Points This Week

Staff writer by Staff writer
May 2, 2014
in Markets, Money
 Qatar Exchange
Qatar Exchange

Qatar Exchange index dropped 227.29 points (1.75%) this week when the bourse closed at 12,727.64 points Thursday afternoon.
The trading value of QR 5,100,291,233.51 is a decrease by 30.53% this week compared to QR 7,341,740,117.18 the previous week.
The trading volume of 134,151,810 shares is a decrease by 36.97% compared with 212,836,667 shares last week. The 54,785 transactions is a drop by 29.11% compared with 77,279 transactions last week.
The market capitalization of QR 725,688,229,471.90 is a drop by 8.86% compared with QR 796,219,963,591.30 at the end of previous week.
Real estate led the traded value this week with 38.54% of the total traded value. Banks and financial services accounted for 21.99%. Industries accounted for 15.78%, and consumer goods and services accounted for 11.21%.
Real estate led the traded volume this week with 51.11% of the total traded volume. Banks and financial services accounted for 16.89%. Consumer goods and services accounted for 8.44%, and industries accounted for 8.06%.
Real estate topped the number of transactions this week, accounting for 32.17% of the total transactions. Banks and financial services accounted for 21.99%. Industries accounted for 19.63%, and consumer goods and services accounted for 11.51%.
From the 43 listed companies, 36 dropped, six ended this week higher while one remained unchanged.
United Development Company led the traded value this week with 16.7% of the total traded value. Barwa Real Estate accounted for 13.02% while Industries Qatar accounted for 6.80%.

Source : Qatar News Agency

Tags: Qatar Exchange
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