Qatar exchange index gains 96.18 points

Qatar Exchange (QE) index gained 96.18 points (+0.7%) Wednesday when trading closed at 13,838.40 points.
The trading value decreased -40.78% to QR 466.369 million today from Tuesday’s QR 787.6 million.
The volume of shares traded dropped -42.8% to 9,631,501 from 4,519 transactions compared to Tuesday’s 16,839,121 shares from 7,559 transactions. The market capitalization increased +0.56% to QR 733.881 billion from Tuesday’s QR 729.765 billion.
Telecommunications sector continued its good run today. Its index was up +2.02% to 1635.85 points. On Tuesday it had gained 1.85% to 1,603.48 points.
Banks and finance sector too continued its good run today. Its index was up 0.65% to 3,427.25 points. On Tuesday it had gained 0.9% to 3,405.25 points.
Today shares of 42 companies were traded from the 43 listed on QE. From these, 19 advanced, 18 dropped and five remained unchanged.