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Posted On: 14 August 2013 01:24 pm
Updated On: 12 November 2020 02:13 pm

Qatar Exchange continues upward trend after Eid

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The Qatar Exchange kept its upward trend on the first day of resumption of trading after Eid holidays. The benchmark index climbed 66.2 points or 0.67 percent to 9,913.84 points yesterday. The market is up 18.60 percent year-to-date. Market capitalisation rose about 1% to QR544.48bn. Major gainers included Doha Bank, QNB, Qatar Islamic Bank, Masraf Al Rayan, Industries Qatar, Gulf International Services and Qatar fuel. Qatar Fuel edged by 4.22 percent to QR286.60. Doha Bank gained 2.80 percent to QR55. Qatar National Bank was up 1.98 percent to QR180 and Industries Qatar gained 0.63 percent to QR161. The Banking and Financial sector index increased 1.30 percent. The consumer goods’ trading volume tanked 56% to 0.24mn shares. The insurance sector witnessed a 33% gain in trading volume. The telecom sector’s trading volume was flat at 0.32mn stocks, but value rose 24% to QR14.98mn. The 20-stock Total Return Index gained 0.67% to 14,164.60 points, the All Share Index by 0.80% to 2,501.93 points and Al Rayan Islamic Index by 0.21% to 2,838.79 points. Source:Qatar chronicle