Qatar Exchange Index Drops 227.29 Points This Week


(MENAFN- Qatar News Agency) Doha May 01 - Qatar Exchange index dropped 227.29 points (1.75%) this week when the bourse closed at 12727.64 points Thursday afternoon.

The trading value of QR 5100291233.51 is a decrease by 30.53% this week compared to QR 7341740117.18 the previous week.

The trading volume of 134151810 shares is a decrease by 36.97% compared with 212836667 shares last week. The 54785 transactions is a drop by 29.11% compared with 77279 transactions last week.

The market capitalization of QR 725688229471.90 is a drop by 8.86% compared with QR 796219963591.30 atthe end of previous week.

Real estate led the traded value this week with 38.54% of the total traded value. Banks and financial services accounted for21.99%. Industries accounted for 15.78% and consumer goods and services accounted for 11.21%.

Real estate led the traded volume this week with 51.11% of the total traded volume. Banks and financial services accounted for16.89%. Consumer goods and services accounted for 8.44% and industries accounted for 8.06%.

Real estate topped the number of transactions this week accounting for 32.17% of the total transactions. Banks and financial services accounted for 21.99%. Industries accounted for 19.63% and consumer goods and services accounted for 11.51%.

From the 43 listed companies 36 dropped six ended this week higher while one remained unchanged.

United Development Company led the traded value this week with 16.7% of the total traded value. Barwa Real Estate accounted for 13.02% while Industries Qatar accounted for 6.80%.


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