Mubasher: The Qatar stock exchange (QSE) ended Tuesday’s trading on a positive note, its second in a row, supported by the growth of Qatar National Bank's (QNB) and Industries Qatar’s stocks on the back of increasing non-Qatari ownership to 49%.
The general index rose 1.60%, or 138.71 points, to 8,801.75 points.
The market's liquidity decreased to QAR 524.26 million on Tuesday from QAR 871.54 million on Monday, while the trading volume went down to 14.15 million shares against 17.87 million in the previous session.
The industrial sector topped the QSE’s gainers adding 2.88% as Industries Qatar rose 4.58%.
Similarly, the banking sector grew 2.80% as QNB levelled up 6.93%.
On the flipside, the real estate sector topped the bourse’s losers falling 1.49% after Ezdan Holding Group declined 2.43%.
The transportation sector fell 1.37% as Qatar Navigation and Qatar Gas Transport declined 3.02% and 0.71%, respectively.
Investment Holding Group’s stock led the bourse in terms of trading volume with 3.45 million shares, while QNB’s stock led the market in terms of liquidity with QAR 203.5 million.
