Qatar’s main stock index rose 3.37%, or 298.54 points, to close at 9,150.83 on Tuesday, October 27, as all sectors advanced and trading turnover nearly doubled from the previous session, according to exchange data reported by Mubasher.
Turnover on the Qatar Stock Exchange rose to QR991.54 million from QR557.2 million on Monday, and volume increased to 347.9 million shares from 230.81 million. Of the stocks traded, 48 rose, 8 fell and 1 was unchanged.
The transportation sector led gains with a rise of 4.92%, followed by banks and financial services, which added 3.83%. QLM Life and Medical Insurance was the biggest decliner, down 2.31%.
Qatar National Bank led trading by value at QR154.62 million, while Masraf Al Rayan was the most active stock by volume at 55.53 million shares.
In Kuwait, Boursa Kuwait’s Premier Market index rose 0.86% and the All Share index gained 0.66% at the close, while the Main Market index fell 0.30% and the Main 50 index declined 0.72%. About 320.87 million shares worth KD88.90 million changed hands in 21,580 deals.
Telecommunications led Kuwait’s sector gainers with a rise of 1.43%, while technology fell 3.16%. Gainers and decliners were evenly split at 55 each, with 20 stocks unchanged. Kuwait Finance House led trading by value at KD10.88 million.
Bahrain’s all share index fell 0.29% to 1,840 points at Tuesday’s close, with no stocks advancing. Kuwait Finance House fell 1.96%, Al Salam Bank declined 1.42%, BBK lost 0.72% and Aluminium Bahrain slipped 0.4%. Turnover was BD259,000 on 832,000 shares across 92 deals.
