Qatar Exchange Index Drops 286.81 Points in May

Doha, May 31 (QNA) - Qatar Exchange monthly index lost a significant 286.81 points (or 3.30%) during trading witnessed in May compared to April when the bourse closed at 8,416.83 points here Thursday. The trading value during in May increased by 5.00% to reach QR 7,870,043,349.98 compared to QR 7,495,586,810.52 during April. The market capitalization fell by 2.69% at the end of May when it reached QR 451,395,947,432.87 as compared to QR 463,892,069,437.45 at the end of April. Qatari Investor Group topped the companies in terms of the value of traded shares at QR 1,414,829,756.84 or 17.53% of the total traded value. Mazaya accounted for QR 641,335,187.75 or 7.95% of the total value. There were 23 days of trading activity in May while April had 22. The trading volume increased by 12.01% to reach 310,614,007 shares as against 277,309,486 shares last month. The number of transactions rose by 4.01% when it reached 121,063 transactions as compared to 116,392 transactions in the month of April. Banks and financial services sector led the traded value during May with 30.85% of the total traded value. Industrial sector accounted for 28.45%. Real Estate sector accounted for 13.83%. Consumer Goods and Services sector accounted for 12.91%. The telecoms sector accounted for 9.23%. The transportation sector accounted for 3.82% and insurance sector accounted for 0.92%. Banks and financial services sector led the traded value in May with 30.85% of the total traded value. The industrial sector accounted for 28.45%. Real Estate sector accounted for 13.83%. Consumer goods and services accounted for 12.91%. The telecoms sector accounted for 9.23%. Transportation accounting for 3.82% and insurance accounted for 0.92%. The industrial sector led the traded volume in May with 23.76% of the total traded volume. Real Estate accounted for 23.22%. Banks and financial services sector accounted for 21.34%. Telecoms accounted for 14.53%. Consumer goods and services accounted for 11.80%. Transportation accounted for 4.88%. (QNA)