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Qatari index breaks above 10,000 pts; highest level since 2 weeks

Qatari index breaks above 10,000 pts; highest level since 2 weeks
The Qatar Stock Exchange (Photo credit: Arabianeye - Reuters)

Doha – Mubasher: The Qatar Exchange’s main index ended Tuesday’s session rising 0.14% or 14.22 points to the level of 10,010.67 points; its highest level since two weeks.

Turnover increased 31.8% to QAR 324.71 million from QAR 246.35 million on Monday. Trading volume also rose 33.3% to 9.96 million shares from 7.47 million shares.

The insurance was the best performing sector after adding 1.4% , followed by industry with a growth of 0.54%.

Meanwhile, the telecom fell alone by 2.4% after the drop in Vodafone Qatar and Ooredoo, which headed today’s red list.

Qatar General Insurance and Reinsurance topped gainers by rising 8.75% to QAR 47.85 after exchanging 221 shares at QAR 10,000.

Gulf International made the highest activity as 2.2 million shares were exchanged at QAR 84 million. The stock rose 2.45%.

The index rose yesterday by 0.46% or 46.08 points to the level of 9,996.45 points.

Translated by: Elwy el-Manzalawy