Banks, industrials, transport and real estate lift QSE to 11,140 level

Doha, Qatar: The shares in Qatar s stock market witnessed gain in yesterday s trading as the Qatar Stock Exchange (QSE) index surged around 51 points...

Doha, Qatar: The shares in Qatar’s stock market witnessed gain in yesterday’s trading as the Qatar Stock Exchange (QSE) index surged around 51 points or 0.46% to close at 11,140.77 points helped by strong buying interest from investors.

The index concluded Monday’s trading at 11,089 points. During yesterday’s session the volume of shares traded stood at 120,740,031 from 84,539,125 on November 10. Meanwhile the value of shares reached QR383.024m from QR306.941m on Monday, as a result of implementing 25,421 deals in all sectors. In the session, the shares of 31 companies rose, while the prices of 22 companies decreased, and three companies remained unchanged.

The indices of six sectors ended in green zone yesterday. The indices of banks and financial services, industrials, transportation, real estate, telecoms, and consumer goods and services gained 0.62%, 0.23%, 0.57%, 0.73%, 0.52% and 0.35% respectively. Meanwhile the insurance sector declined by 0.32%.

QSE Total Return Index gained 0.46% to 26,638.20, QSE Al Rayan Islamic index added 0.25% to 5,315.38 points, MSCI QSE 20ESG Index gained 0.58% to 900.50 and QSE All Share Index rose 0.50% to 4,176.59 points

Top gainers in yesterday’s trade were Salam International, Doha Bank, Al Mahhar Holding Company, Meeza QSTP, and Barwa Real Estate rising by 2.6%, 2.2%, 1.5%, 1.3% and 1.2% respectively.