QSE rally gains strength as index eyes 10,699 point level
The Peninsula
Doha, Qatar: Shares in Qatar stock market ended the week on a positive note as shares registered strong gains. The Qatar Stock Exchange (QSE) Index ha...
Doha, Qatar: Shares in Qatar stock market ended the week on a positive note as shares registered strong gains. The Qatar Stock Exchange (QSE) Index has risen by 110.42 points or around 1.04 percent to close at 10,699.28 points yesterday from 10,588.86 on Wednesday.
QSE figures attributed the rise to the positive performance of the banks and financial services, transportation, real estate, and insurance.
During yesterday’s session the volume of shares traded stood at 246,351 million from 223,372 million on Wednesday and the value of shares reached QR643.091m from QR602.852m on March 4, as a result of implementing 42,007 deals in all sectors.
In the session, the shares of 32 companies rose, while the prices of 23 companies decreased, and one company maintained the previous closing price.
