Doha – Mubasher: The Qatar Stock Exchange’s (QSE) general index shed 0.76% to 7,825.77 points, with a market capitalisation loss of QAR 5.82 billion in a week.

Market capitalisation declined by 1.37% to QAR 420.54 billion over the week, compared to QAR 426.36 billion in the week ended 9 November.

The QSE’s trading volume decreased by 16.1% to 27.2 million shares from 32.4 million shares in the previous week, while the market’s turnover declined by 8.4% to QAR 818.2 million versus QAR 893.2 million in the week ended 9 November.

The transactions closed during the week tumbled 9.1% to 12,980 transactions, against 14,280 transactions in a week earlier.

The banks sector acquired 42.3% of the QSE’s sectors trading value, followed by the industrials, the transportation, and the real estate sectors, which acquired 20.6%, 11.2%, and 8.9% respectively. 

As for the sectors’ trading volume during the week, the banks sector acquired 30.1%, leading the market, while the real estate, the industrials, and the telecommunication sectors dropped 19.1%, 16.6% and 15.7%, respectively.

Qatar National Bank (QNB) acquired 19.6% of the stocks’ value, while Qatar Electricity and Water Company (QEWC) and Qatar Navigation (Milaha) made up 8.9% and 8.4% of the stocks’ turnover, respectively.

Over the week, 31 stock declined, topped by Medical Care Group, which dropped 24.86%, while 12 stock rose, led by Commercial Bank of Qatar (CBQ), which grew 3.27%.