Tuesday, 02 January 2024 12:17 GMT

Qatar’s stock exchange surges by 0.50 percent on Sunday’s session end


(MENAFN) The Qatar Stock Exchange (QSE) concluded its trading day on Sunday with notable gains, as the index rose by 49.87 points, or 0.50 percent, closing at 10,123.05 points. This positive performance highlighted a robust trading session characterized by active investor participation.

Throughout the day, a total of 143,667,440 shares were exchanged, amounting to a total traded value of QR 305,873,446.206. These transactions were conducted through 10,137 separate trades spanning various sectors within the market, indicating broad-based activity across the Qatari economy.

The session witnessed positive movements in shares of 35 companies, while shares of 14 companies experienced declines. One company's stock maintained its previous closing price, to reflect the mixed sentiment as well as sector-specific dynamics at play during the trading day.

By the session's close, the collective market capitalization of all listed companies on the QSE stood at QR 584,149,162,140.420. This figure represented a slight increase compared to the previous trading session's market capitalization of QR 581,078,739,193.590. The day's trading activity pointed out the resilience and vitality of Qatar's stock market, driven by investor confidence and developments influencing sector performances.

Overall, the QSE's performance reflected ongoing market dynamics and investor sentiment, contributing to the broader economic landscape in Qatar.

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MENAFN

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