Industries Qatar Tops as Qatar Exchange Gains 99.38 Points in April

Doha, May 01 (QNA) - Qatar Exchange (QE) index gained 99.38 points (1.16%) during April 2013 compared to March 2013 when trading closed the month at 8,677.10 points while Industries Qatar topped the total traded value of shares, the Qatari bourse said in its monthly report. The trading value of QR 4,213,630,980.88 in April is a decrease by 10.27% compared to QR 4,695,649,640.81 noted in March. The trading volume of 116,114,614 shares is an increase by 8.76% compared to 106,765,609 shares in March. The number of transactions of 64,774 is an increase by 9.39% compared to 59,215 transactions registered in March. Industrial sector led the trading value in April with 30.4% of the total traded value. Banks and financial services sector accounted for 28.59%. Consumer goods and services sector accounted for 15.08%. Real estate sector accounted for 12.40%. Transportation sector accounted for 6.23%. Telecoms sector accounted for 6.19% and insurance sector accounted for 1.11%. Banks and financial services sector led the traded volume in April with 23.58% of the total traded volume. Real Estate sector accounted for 23.50%. Industrial sector accounted for 17.56%. Telecoms sector accounted for 13.51%. Consumer Goods and Services sector accounted for 10.69%. Transportation sector accounted for 10.29% while insurance sector accounted for 0.88%. The market capitalization was up by 2.25% when it reached QR 480,110,024,910.85 at the end of April compared to QR 469,528,072,525.16 reached at the end of March. From the 42 listed companies, 23 ended the month of April 2013 higher, while 18 fell and one remained unchanged. With a total traded value of QR 663,476,488.70 of its shares in April, Industries Qatar topped the list with a share of 15.75% from the aggregate traded value of all companies which added up to QR 4,213,630,980.88. Barwa Real Estate came second with QR 336,504,524.91 or 7.99% of the aggregate value. Gulf International Services was third with QR 326,155,617.70 or 7.74%. Qatar National Bank was fourth with QR 295,679,759.30 or 7.02% of the total and Commercial Bank was fifth with QR 268,834, 850.20 or 6.38% of the total. The number of trading days were 22 in April compared to 20 in March. (QNA)