Mubasher: The Qatar Stock Exchange (QSE) started Tuesday’s trading session in red territory, pressured by the drop of six sectors.
By 10:10 am Qatar time, the benchmark index slumped 44.88 points, or 0.42%, to 10,511.44 points.
the bourse’s trading volume hit 501,700 shares exchanged through 397 transactions at a turnover of QAR 9.5 million.
The real estate sector decreased 1.05% as Barwa Real Estate’s stock fell 1.31%, while the banks and financial services sector shed 0.40% as Qatar Islamic Bank’s (QIB) stock declined 2.08%.
On the other hand, the consumer goods and services sector inched up 0.04% after Qatari German for Medical Devices’ (QG Medical) stock went up 1.48%.
Industries Qatar’s stock, which dipped 0.15%, led the market in terms of trading value with QAR 1.8 million, while Qatar First Bank’s (QFB) stock, which dropped 0.66%, posted the highest traded volume with 173,400 shares.