Industry, banks drag down QSE early Tuesday

Mubasher: The Qatar Stock Exchange (QSE) started Tuesday’s trading session in negative territory, dragged down by the fall of five sectors.

By 09:55 am Qatar time, the general index declined 0.30% to 9,702.47 points, losing 29.18 points.

The bourse’s turnover amounted to QAR 10.69 million after 292,890 shares were traded through 160 transactions.

The industrial sector topped the QSE’s losers falling 0.24% as Industries Qatar and Gulf International Services went down 0.47% and 0.40%, respectively.

Similarly, the banking sector plunged 0.24%, dragged by Qatar Oman Investment’s 1.35% drop.

On the other hand, the goods and services sector headed the bourse’s risers adding 0.74% after Qatar Fuel levelled up 1.66%, while the insurance sector grew 0.71% due to Qatar General Insurance and Reinsurance’s 7.43% jump.

Qatar Insurance’s stock, which retreated 1.30%, led the QSE in terms of liquidity with QAR 3.57 million, while the Commercial Bank of Qatar’s (CBQ) stock, which advanced 1.38%, spearheaded the market in terms of trading volume with 95,170 shares.

 

 

Mubasher Contribution Time: 25-Sep-2018 07:23 (GMT)
Mubasher Last Update Time: 25-Sep-2018 07:26 (GMT)