4 sectors drag QSE down early Tuesday

Mubasher: The Qatar stock exchange (QSE) opened Tuesday’s trading session in red territory, pressured by the fall of four sectors.

By 10:00 am Qatar time, the general index inched down 5.13 points, or 0.06%, to 9,106.84 points.

Trading volume amounted to around 2.6 million shares exchanged through 626 transactions with a turnover of QAR 43.7 million.

The real estate sector led declining sectors with 5.24%, dragged down by Ezdan Holding Group’s stock which dropped 8.21%.

Similarly, the industrial sector shed 0.32% as Amal stock and Gulf International fell 3.07% and 1.71%, respectively.

On the other hand, the banking sector levelled up 0.11% on the back of four stocks, mainly by the heavyweight Qatar National Bank (QNB) which edged up 0.33%.

Mesaieed’s stock, down 0.51%, led the QSE in terms of trading volume with 1.09 million shares and QAR 19.29 million in liquidity.

MUBASHER Contribution Time: 01-May-2018 07:23 (GMT)
MUBASHER Last Update Time: 01-May-2018 12:08 (GMT)