The Qatar Stock Exchange (QSE) Index gained 200.77 points, or 1.72% during the week, to close at 11,899.63. Market capitalisation rose by 1.73% to reach QR648.8bn compared to QR637.7bn at the end of the previous week. Of the 43 listed companies, 25 companies ended the week higher, while 17 fell and 1 remained unchanged. Qatar Cinema & Film Distribution Co (QCFS) was the best performing stock for the week, with a gain of 8.98% on only 1,426 shares traded; the stock is down 0.68% year-to-date (YTD). On the other hand, Doha Insurance (DOHI) was the worst performing, with a decline of 6.30% on 0.1mn shares traded; the stock is down 10.34% YTD.
QNB Group (QNBK), Industries Qatar (IQCD) and Gulf International Services (GISS) were the biggest contributors to the weekly index gain. QNBK was the biggest contributor with 80.2 points to the index’s weekly appreciation of 200.8. IQCD contributed 40.8 points and GISS contributed 24.1 points.
On the other hand, Qatar Electricity & Water Company (QEWS), Qatar International Islamic Bank (QIIK) and Barwa Real Estate Company (BRES) negatively contributed toward the QSE index. QEWS shaved off 12.1 points followed by QIIK and BRES (3.9 points each).
Trading value during the week decreased by 27.1% to reach QR2.0bn vs. QR2.8bn in the prior week. The banks and financial services sector led the trading value during the week, accounting for 43.8% of the total equity trading value. The industrials sector was the second biggest contributor, accounting for 22.1% of the total trading value. Islamic Holding Group (IHGS) was the top value traded stock during the week with total traded value of QR262.1mn.
Trading volume decreased by 25.2% to reach 43.7mn shares vs. 58.4mn shares in the prior week. The number of transactions fell by 15.2% to reach 27,118 versus 31,964 in the prior week. The real estate sector led the trading volume, accounting for 33.6%, followed by the banks and financial services sector, which accounted for 28.7% of the overall trading volume. Ezdan Holding Group (ERES) was the top volume traded stock during the week with total of 7.1mn shares.
Foreign institutions turned bullish during the week with net buying of QR85.1mn vs. net selling of QR11.7mn in the prior week. Qatari institutions remained bearish with net selling of QR97.6mn vs. net selling of QR131.8mn in the week before. Foreign retail investors turned bearish for the week with net selling of QR9.3mn vs. net buying of QR21.1mn in the prior week. Qatari retail investors remained bullish with net buying of QR22.1mn vs. net buying of QR122.6mn the week before.
In 2015 YTD, foreign institutions sold (on a net basis) $75mn worth of Qatari equities.

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