Banks, industry boost QSE at Thursday’s close

Mubasher: The Qatar stock exchange (QSE) ended Thursday’s trading activities in green territory for the seventh session in a row, encouraged by the growth of the banking and industrial sectors.

The general index rose 29.35 points, or 0.32%, to finish at 9,259.95 points.

By the end of the last session this week, the bourse’s liquidity increased to QAR 193.67 million on Thursday from QAR 164.87 million on Wednesday, while the trading volume went up to 9.11 million shares against 8.94 million in the previous session.

The banking sector topped the QSE’s gainers adding 0.53% as Masraf Al Rayan and the heavyweight Qatar National Bank (QNB) rose 0.82% and 0.65%, respectively.

Similarly, the industrial sector levelled up 0.12% on the back of Qatar Electricity and Water Company’s 1.07% jump.

Meanwhile, the goods sector headed the bourse’s five decliners falling 0.17% as Al Mannai went down 1.98%.

By the end of the session, Qatar Gas Transport’s (Nakilat) stock, which retreated 0.13%, led the QSE in terms of trading volume with 2.02 million shares, while Masraf Al Rayan’s stock headed the market in terms of liquidity with QAR 33.01 million.

MUBASHER Contribution Time: 05-Jul-2018 12:16 (GMT)
MUBASHER Last Update Time: 05-Jul-2018 12:19 (GMT)