QE opens in green on insurance, banking sectors

Doha - Mubasher: Qatar Stock Exchange’s (QE) benchmark index gained at the opening of Monday’s session, backed by the rise of the insurance and banking sectors.

The general index grew 0.13% or 12.27 points, to stand at 9817.88 points, up from 9805.61 points recorded on Sunday.

The insurance sector advanced 0.51%, on the back of Qatar Insurance which added 0.69%.

QE’s banks and financial services sector increased 0.39% after the rise of Qatar National Bank (QNB), Al Rayan and Qatar Islamic Bank by 0.87%, 0.30% and 0.52%, respectively.

The consumer goods and services index also gained 0.44%, followed by and industrials with 0.19%, while transportation, telecoms and real estate declined.

The trading volume reached 292,752 shares, with a value exceeding QAR 10 million, executed through 199 transactions.

Mubasher Contribution Time: 20-Jun-2016 08:15 (GMT)
Mubasher Last Update Time: 20-Jun-2016 08:15 (GMT)