The Qatar Exchange continued its uptrend for the third day in a row, boosted by the buying transactions on the banking, industrial and telecom stocks.
The general index rose 1.03% or 137.07 points to 13465.69 pts.
Investors focused on buying amid the continued positive sentiment in the market, which pushed the index to cross the 13400 level.
The market capitalization increased by 0.3% (QAR 2.3 billion) to QAR 728.411 billion, compared with QAR 726.112 billion yesterday.
Capital market technical analysis consultant Nawaf Al 'Oun told Mubasher said the continued rally in the bourse for the third straight day was due to the stability in the neighboring markets especially the Saudi bourse as well as Q3 strong financial results.
Turnover increased from QAR 770.52 million to QAR 622.36 million, after 13.66 million shares changed hands through 6033 transactions.
The industrials sector rose 1.28%, boosted by Industries Qatar which added 2.3%.
The telecommunications also gained 1.22%, helped by Vodafone Qatar which went up 1.9%. The banks added 1.22%, as Qatar International Islamic Bank rose 2.5%.
(Written by Mahmoud Gamal; Translated by Abdul Maguid Aboshahla)