Qatar Exchange index gained 66.20 points (0.77%) this week when trading closed for the weekend at 8,659.87 points Thursday. The market capitalization rose by 0.61% to reach QR 455,054,507,212.59 as compared to QR 452,298,550,342.14 at the end of previous week. The trading value increased by 9.84% this week to reach QR 1,344,447,982.53 compared to QR 1,224,061,275.78. From the 43 listed companies, 25 companies ended the week higher while 16 fell and two companies remained unchanged. Industries Qatar led the traded value during this week with 17.1% of the total value followed by Qatar Gas Transport with 12.45% and the United Development Company accounted for 10.23%. The trading volume increased by 1.55% to reach 45,379,775 shares compared to 44,686,804 shares last week while the number of transactions rose by 4.48%, to reach 19,807 transactions compared to 18,957 transactions. Services sector led the traded value this week with 47.54% of the total value. Industrial sector accounted for 29.04%, the banking and financial sector accounted 22.22% and insurance sector accounted for 1.21%. Services sector led the traded volume this week with 62.38% of the total volume. Industrial sector accounted for 22.71%., the banking and financial sector accounted for 14.18% and insurance sector accounted 0.73%. Services sector led the number of transactions traded this week with 59.17% of the total number of transactions. Banking and financial sector accounted for 21.01%. Industrial sector accounted for 18.05% and insurance sector accounted for 1.78%.
Tabreed highlights CSR initiatives
National central cooling company (tabreed) the leading abu dhabi-based district cooling utility infrastructure company on wednesday launched its first annual corporate social responsibility (csr) rep
Stocks tumble, except for blue chips
The rush among some traders and investors to buy blue chip stocks put undue pressure on trading activities on Thursday at the Kuwait Stock Exchange, as many of these traders stayed away from most oth