QSE index jumps around 100 points as all seven sector indices end in green
<p>Doha, Qatar: The shares in Qatar’s stock market surged in yesterday’s trading as the Qatar Stock Exchange (QSE) index rose around 100 points or 1.08 percent to close at 9,285.05 points.</p> <p>The index concluded Sunday’s trading at 9,185.43 points. During yesterday’s session the volume of shares traded stood at 169,454,797 from 140,586,776 on October 4. Meanwhile the value of shares reached…
Doha, Qatar - The Qatar Stock Exchange (QSE) index surged 100 points, or 1.08%, to close at 9,285.05 points on Monday, following a 1.08% increase in the market capitalization to QR563.038bn. All seven sectors of the QSE ended in the green zone, with banking and financial services, industrials, transportation, real estate, insurance, telecom, and consumer goods and services indices gaining 1.15%, 0.37%, 1.67%, 1.57%, 0.45%, 1.23%, and 1.11% respectively.
The QSE Total Return Index rose 1.08% to 22,944.52, while the QSE Al Rayan Islamic index added 1% to 4,631.74 points, MSCI QSE 20ESG Index gained 1.16% to 762.14, and QE All Share Index rose 1.04% to 3,664.56 points. The top gainers included Qatar Oman, Widam, Ezdan Holding, Aamal, and Al Mahhar, while Beema, General Insurance, Dlala, Lesha Bank (QFC), and Mekdam were the top losers.
The Transportation and Telecoms indices suffered the largest declines, falling 0.9% and 0.4%, respectively. The market is currently awaiting the release of the third-quarter financial results, which may influence trading trends in the coming period.
Written by urgent.news from The Peninsula Qatar Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
