Mubasher: The Qatar Stock Exchange (QSE) ended Thursday’s trades in the red, pressured by the fall of blue chips.
The general index dropped 0.87% or 67.92 points to 7,714.26 points.
Qatar Islamic Bank, Qatar Industrial Manufacturing and Qatar National Bank (QNB) shed 3.62%, 3.01% and 0.09%, respectively, bringing the relative weight of the main index down 37%.
The industrial sector topped the market’s decliners with 2.255% on the fall of six stocks, headed by Qatar Electricity and Water Company which dropped 4.67%.
Similarly, the banking sector dipped 0.77%, spearheaded by Qatar Islamic Bank and QNB.
Meanwhile, the transportation sector hiked 3.97%, encouraged by Qatar Navigation and Qatar Gas Transport surging 6.37% and 3.5%, respectively.
The real estate sector jumped 2.46%, topped by Ezdan Holding Company which edged up3.90%.
On Thursday, liquidity increased to QAR 1.22 billion from QAR 246.42 million on Wednesday, while trading volume levelled up to 16.08 million shares against 11.82 million shares in the previous session.
Qatar Gas Transport topped the QSE in terms of trading volume with 2.3 million shares, while Qatar National Bank led the market in terms of liquidity with QAR 87.1 million.
