Market index performance: QSE ranks second in GCC
July 08 2018 11:32 AM
QSE
QSE's market capitalisation reached $135bn in the first half of 2018.

QNA/Doha

Qatar Stock Exchange (QSE) Index recorded an increase of 5.52% to the end of June 2018 to reach 9,024 points compared to 8,620 at the beginning of the year.
As a result, QSE ranked second in terms of GCC market index performance.
Although Qatar Stock Exchange has the lowest number of listed companies at 45, it is ranked second in terms of market capitalisation.
At the end of the first half of 2018, the market capitalisation of QSE reached $135bn.
The average daily traded value on QSE has recorded continuous increases in the first half over the last three years; the average daily traded value in the first half of 2016 was QR286.67mn.
In the same period of 2017 it rose 14.2% to reach QR327.41mn, and increased by a further 2.5% in the first half of 2018 to reach QR335.48mn, QSE said in a statement on Sunday.
The first half of 2018 witnessed an upsurge in activity by foreign investors, with buying transactions increasing by 41% compared to the same period in 2017, reaching QR21.8bn.
Selling transactions increased by 21% to a QR17.6bn. Increases were largely attributed to the results of the periodic reviews by FTSE Russell and MSCI at the end of the first half of 2018. 



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