Mubasher: The Qatar Exchange (QE) saw a positive performance for the fourth consecutive week, supported by the gains of most sectors, as companies are issuing their quarterly financial results.

The main index rose by 1.10%, or 102.14 points, and ended the week at the level of 9,420.67 points.

The market capital increased by 0.82% reaching QAR 512.4 billion by the end of the week, compared with 508.3 billion in the week before.

During the week, 15 listed companies revealed their financial statements for the second quarter of 2018, showing a growth in profits by 8.5% year-on-year to a total QAR 7.15 billion, while its profits for the first half of the year went up 3.4% to QAR 14.1 billion, up from QAR 13.7 billion in H1-17.

As for the sectors’ performance, insurance added 2.4%, while industry, goods, and banks levelled up 1.66%, 0.29%, and 0.79%, respectively.

Zad led the 19 rising stocks with weekly gains of 5.51%, while Dlala was the top loser of seven stocks.

Traded values rose 16.5% to QAR 907.9 million, from QAR 779.5 million.

On the other hand, traded volumes declined by 1.6% to 31.9 million shares from 31.5 million in the week before, with the total number of transactions decreasing by 4.9% from around 14,780 to nearly 13,480.