Qatar Stock Exchange (QSE) market capitalisation stood at QR542.24bn in the trading week that ended on Thursday, according to QNB Financial Services (QNBFS).
Qatar Stock Exchange (QSE) has seen its market capitalisation reach QR519.5bn at the end of the trading week that closed on Thursday.
An across-the-board buying — particularly in the insurance and real estate — lifted the Qatar Stock Exchange (QSE) above 9,100 levels and market capitalisation exceeded QR500bn this week.
Qatar Stock Exchange, which on Thursday witnessed unusually high trading turnover and volumes, closed in the positive trajectory with its key index gaining 69 points and about QR4bn in capitalisation.
Ex-dividend woes and Standard and Poor’s (S&P) ‘negative’ outlook on the country’s credit ratings hit the Qatar Stock Exchange (QSE), whose key index plunged 253 points and capitalisation eroded QR14bn this week.
Increased net profit booking by foreign institutions masked the robust buying support from local retail and institutions that the Qatar Stock Exchange lost a marginal two points.