Doha – Mubasher: Barwa Real Estate’s stock, up 1.92%, accounted for 47.9% of the Qatar Stock Exchange’s (QSE) turnover on Tuesday.
By 10:40 am Qatar time, Barwa’s liquidity reached QAR 29.5 million, representing 96.3% of the Qatari real estate sector’s total turnover of QAR 30.62 million, which in turn made up around 50% of the QSE’s liquidity of QAR 61.64 million.
The real estate sector gained 0.34%, while the QSE’s benchmark index fell 0.11% to 10,107.26 points.
The Qatari real estate company recently reported that its profits dropped 26.44% to QAR 479.43 million in the first quarter in 2017, compared to QAR 651.46 million in Q1-16.
