Doha – Mubasher: The Qatari market closed Sunday in green driven by a rise in four sectors, as the main index rose 0.20% or about 20.68 points to the level of 10,499.96 points.
QE Al Rayan Islamic Index also leapt by 0.09% to 3,898.81 points, and the All Shares Index increased 0.20% to 2,795.53 points.
Trading volume came to about 4.23 million shares exchanged through 2,645 trades, making a trading value of around QAR 180.28 million.
“Support levels ranged today between 10,400 and 10,450 points, and the resistances were 10,500, 10,550 and 10,600 points,” Ayoub Eshban, financial expert and economic advisor, explained to Mubasher.
The industrial sector led the green list as it moved 0.75% up, while transportation topped the red list with a decrease of 1.06%.
Out of 38 companies, 17 shares closed with high rates, while 17 others plunged by the end of trading, and the remaining four left were flat.
The Gulf International share was the best performer with a growth of 3%, while the Islamic Holding group share was the weakest after moving 4.13% down.
Gulf International made both the biggest trading volume and trading values with about 755,000 shares and a liquidity of QAR 40 million.
QSE’s benchmark index closed Thursday with a fall of 0.71% or about 75.32 points, reaching the level of 10,479.28 points.