The Qatar Stock Exchange (QSE) index increased 72.35 points, or 0.76%, during the trading week to close at 9,542.28. Market capitalisation increased by 1.24% to QR517.0bn versus QR510.7bn at the end of the previous trading week. Of the 44 listed companies, 26 ended the week higher, while 17 declined and one remained unchanged. Gulf Warehousing Co (GWCS) was the best performing stock for the week with a gain of 7.45% on 586,369 shares traded. On the other hand, Qatar Navigation (QNNS) was the worst performing stock with a decline of 7.46% on 325,832 shares traded.
QNB Group (QNBK), Qatar International Islamic Bank (QIIK) and Qatar Islamic Bank (QIBK) were the primary contributors to the weekly index increase. QNBK was the biggest contributor to the index’s weekly increase, adding 57.14 points to the index. QIIK was the second biggest contributor, tacking on 10.79 points to the index. Moreover, QIBK contributed 10.38 points to the index. On the other hand, Qatar Electricity & Water Co (QEWS) contributed negatively to the index, erasing 21.91 points from the index.
Trading value during the week decreased by 24.67% to reach QR1.10bn versus QR1.46bn in the prior week. The banks and financial services sector led the trading value during the week, accounting for 39.79% of the total. The industrials sector was the second biggest contributor to the overall trading value, accounting for 19.83% of the total. QNBK was the top value traded stock during the week with total traded value of QR112.2mn.
Trading volume decreased by 18.88% to reach 39.9mn shares versus 49.2mn in the prior week. The number of transactions decreased by 18.33% to reach 14,485 versus 17,735 transactions in the prior week. The banks and financial services sector led the trading volume, accounting for 28.26%, followed by the telecoms sector which accounted for 26.88% of the overall trading volume. Vodafone Qatar (VFQS) was the top volume traded stock during the week with total traded volume of 10.4mn shares. 
Foreign institutions turned bearish with net selling of QR17.9mn versus net buying of QR84.6mn in the prior week. Qatari institutions remained bullish with net buying of QR73.6mn versus net buying of QR30.7mn the week before. Foreign retail investors remained bearish with net selling of QR21.3mn versus net selling of QR26.4mn in the prior week. Qatari retail investors remained bearish with net selling of QR34.4mn versus net selling of QR88.9mn the week before. 
In 2017 year-to-date, foreign institutions bought (on a net basis) $730mn worth of equities. 

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