By: Mohamed Farouk
Mubasher: The Qatar stock exchange (QSE) ended Sunday’s trading session in the green, encouraged by the growth of four sectors, amid high liquidity.
The general index rose 0.3%, or 29 points, to 9,813.32 points.
The bourse’s liquidity increased 1.3% to QAR 311.38 million on Sunday from QAR 307.35 million on Thursday, while the trading volume levelled up 37% to 9.51 million shares against 6.94 million in the previous session.
The QSE’s general index failed to exceed the level of 10,000 points during the last week’s trades as it stood at 9,700 points, technical analyst Ibrahim Al Felkawy told Mubasher.
He added that the benchmark will target 10,000 points and it will positively affect the market’s performance in case of hovering over this level.
The industrial sector topped the QSE’s risers adding 1.43%, followed by the transportation sector with 1%.
Meanwhile, the real estate sector headed the bourse’s losers falling 3.6%.
By the end of the session, Qatar Fuel’s (Woqod) stock, which rose 2.41%, led the QSE in terms of liquidity with QAR 50 million, while Mesaieed Petrochemical Holding’s stock, which jumped 1.62%, spearheaded the market in terms of trading volume with 1.95 million shares.
Translated by: Kholoud Mohamed Hussein
