Rising of all sectors except insurance
Improvement in prices of 41 stocks out of 47
Rise in the ‘average daily trading value’ to QAR 281.5 Million
02 July 2020
In a report accomplished by the Group Securities Company on the
performance of Qatar Stock Exchange ‘QSE’ during the 2nd quarter 2020,
it reflected the rising of the QSE index by nearly 9.6% to 8998 points,
adding 791 points. The index performance during the month of April this
year, was the best in the quarter, as it climbed 6.78%. The index
further ascended 0.92% during May and 1.74% during June this year.On the
corporate side, 41 listed shares trended up vis-à-vis 6 plunging
shares.Sectoral-wise, the 2nd quarter witnessed the escalation of all
sectors except insurance. The index was led by the industrial sector
soaring 23%, followed by real estates by 22% and transportation by 21%.
The insurance sector broke the trend and lost 1.6% of its value
throughout. Touching on the corporate level, the top risers were led by
Dlala Holding which added
222% to its value, followed by Medical Devices rising 217%, Inma Holding
(formerly Islamic Holding) by 162% and Salam International by 121%.Top
faller corporates were led by Qatar Insurance by 9%, Mannai Corporation
by 5% and Commercial Bank by 2.5%.
