QSE surpasses 10K-point landmark with 42.04 points increase on Sunday’s session
(MENAFN) In a notable surge, the Qatar stock exchange (QSE) index surpassed the 10,000-point milestone during Sunday’s trading session, marking a 0.42 percent increase and adding 42.04 points to reach 10,006.52 points. The rise was attributed to strong performances across various sectors including banks and financial services, industrials, real estate, insurance, and consumer goods and services.
The QSE general index closed at 10,006 points, up from its previous close of 9,964.48 points on Sunday. Trading saw a volume of 133.370 million shares, up from 116.749 million, with a total value of QR404.442 million compared to QR303.241 million the previous day, involving 16,394 deals across all sectors.
During the session, shares of 29 companies saw increases, while 20 companies experienced declines, and six companies maintained their previous closing prices. Market capitalization rose to QR578.210 billion from QR575.791 billion in the previous session. Notably, five sectors closed in the green zone.
Key indices also showed gains: the QSE Total Return Index increased by 0.42 percent to 22,506.69, the QSE Al Rayan Islamic Index added 0.40 percent to 4,649.22 points, and the QSE All Share Index rose 0.44 percent to 3,498.61 points. Specifically, the indices for banks and financial services, industrials, real estate, insurance, and consumer goods and services posted gains of 0.50 percent, 0.50 percent, 0.28 percent, 1.25 percent, and 0.91 percent respectively.
Top gainers in the session included Qatar Insurance, Dukhan Bank, Qatar Fuel, Gulf International Services, and Qatar Islamic Bank, each recording increases of 2.04 percent, 1.8 percent, 1.5 percent, 1.5 percent, and 1.5 percent respectively. Conversely, Qatar Cinema and Film Distributing, Masraf Al Rayan, Qatar Oman for Investment Holding, and Mazaya Real Estate Development saw declines of 6.8 percent, 1.2 percent, 1.1 percent, and 0.9 percent respectively.
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