Qatar exchange index drops 290.13 points this week

Qatar Exchange index dropped 290.13 points (2.94%) this week when the bourse closed at 9,580.77 points Thursday afternoon. The trading value of QR 1,447,817,289.21 this week is decrease by 17.39% compared with QR 1,752,530,138.21 registered the previous week. The trading volume of 27,342,768 shares is decrease by 36.38% compared with 42,979,247 shares last week. The 15,672 transactions this week is drop by 23.89% compared with 20,590 transactions last week. The market capitalization of QR 522,044,324,422.03 is a drop by 2.85% compared with QR 537,350,790,477.10 at the end of previous week. Industries led the traded value this week with 40.75% of the total traded value. Banks and financial services accounted for 26.42%. Consumer goods and services accounted for 13.42% and real estate accounted 9.54%. Banks and financial services sector led the traded volume this week with 27.7% of the total traded volume. Real estate accounted for 23.58%. Industries accounted for 21.02% and consumer goods and services accounted for 13.89%. Industries topped the number of transactions this week with 28.61% of the total number of transactions. Banks and financial services accounted for 26.90%. Consumer goods and services accounted for 16.47% and real estate accounted for 14.34%. From the 42 listed companies eight ended this week higher while 32 fell and two remained unchanged. Industries Qatar led the traded value this week with 32.1% of the total traded value. Qatar National Bank accounted for 7.43%. while the Medicare Group accounted for 7.04%.