Qatar Stock Exchange continues bull run

Qatar Stock Exchange continues bull run

Doha, Qatar: Stocks in the Qatar Stock Exchange (QSE) have continued their bull run with an impressive beginning of yesterday’s trading. The QSE index surged 114.47 points or 1.11 percent yesterday to close at 10,399.77 points.

The index closed Thursday’s trading at 10,285.30 points. The index rose on the back of buying support from Qatari and Foreign shareholders despite selling pressure from GCC and Arab shareholders.

During yesterday’s session the volume of shares traded stood at 157.486 million from 152.234 million on Thursday and the value of shares reached QR434.962m from QR434.122m on December 21 as a result of implementing 13,852 deals in all sectors. In the session, the shares of 33 companies rose, while the prices of 15 companies decreased, and four companies maintained their previous closing price.

At the end of the trading session, the market capitalisation reached QR601.562bn, compared to the last trading session, which amounted to QR596.747bn. The indices of five sectors ended in green zone yesterday.

QSE Total Return Index gained 1.11 percent to 22,319.36, QSE Al Rayan Islamic index added 1.11 percent to 4,590.08 points and QSE All Share Index rose 0.91 percent to 3,486.18 points. The indices of banks and financial services, industrials, real estate, insurance and