The Qatar Stock Exchange (QSE) index concluded this week's trading up by 4.29 percent, to add 448.48 points, compared to the end of last week's trading, to stand at 10,894 points, supported by the positive performance of the industrial sector that increased by 5.91 percent, real estate sector that increased by 5.64 percent, and banking and financial services that increased by 4.87 percent.

In a statement to Qatar News Agency (QNA), financial advisor Ramzi Qasimia said that by the end of this week's sessions, the QSE index managed to compensate for its losses since the beginning of 2023, turning them into gains of 2 percent.

Qasimia indicated that the general index increased by 8.1 percent since the beginning of July and by 4.29 percent at the weekly close.

He said that the share prices of the industrial sector were positively affected by the rise in international oil prices, as well as the rise in commodity and grain prices recently, as a result of Russia's refusal to renew the grain agreement, especially the share of 'Industries Qatar', which mainly contributed to the rise of the index during the current week, in addition to the shares of Qatar Islamic Bank, Qatar National Bank, and the Commercial bank.

Through observing the QSE performance, the financial advisor noted the entry of new liquidity into the market, which can be seen through the increase in trading values, which averaged QR 526 million riyals compared to QR 439 million for the previous week.

Qasimia pointed out the activity witnessed by some shares of speculative companies, and some of them recorded their highest price levels in a year, which boosted the increase in trading values and volumes.

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