QSE adds 43.59 pts at Tuesday’s close

Mubasher: The Qatar stock exchange (QSE) ended Tuesday’s trading session in the green, encouraged by the growth of five sectors led by the industrial sector, amid thin liquidity.

The general index rose 0.47%, or 43.59 points, to 9,254.61 points.

Market capitalisation rose 0.4% to QAR 507.03 billion from QAR 505.26 billion.

The QSE’s liquidity dropped to QAR 310.77 million on Tuesday from QAR 888.54 million on Monday, while the trading volume inched down to 11.72 million shares against 11.74 million in the previous session.

The industrial sector topped the market’s five gainers with 1.17% led by Aamal Company’s 4.76 increase.

Similarly, the real estate sector levelled up 0.61% as Mazaya Qatar Real Estate Development went up 4.76%.

Meanwhile, the goods and services sector topped the bourse losers with 0.41%, dragged by Zad Holding Company which dropped 3.97%.

The banking sector inched down 0.01% after Islamic Holding Group slid 7.18%. 

Qatar First Bank, which advanced 2.12%, spearheaded the QSE’s trading volume with 3.3 million shares, while Medicare Group, which decreased 2.66%, led the market in terms of liquidity with QAR 32.01 million.

 

Mubasher Contribution Time: 23-Jan-2018 11:41 (GMT)
Mubasher Last Update Time: 23-Jan-2018 11:45 (GMT)