Mubasher: The Qatar stock exchange (QSE) ended Wednesday, the first session in 2019, in red territory due to the drop of the four sectors.
The general index edged down 0.18% to 10,280.34 points, losing 18.67 points.
On Monday, the Qatari bourse announced that trading would be suspended on Tuesday 1 January 2018 on the occasion of New Year’s Day.
The QSE’s liquidity fell QAR 158.57 million ($43.55 million) on Wednesday, compared to QAR 175.79 million ($48.28) on Monday, while traded volume levelled up to 7.98 million shares, against 7.09 million shares in the previous session.
The banking sector led decliners falling 0.52%, pressured by the slippage of seven stocks led by Qatar Oman Investment, which dipped 3.37%. The heavyweight Qatar National Bank’s (QNB) stock tumbled 1.13%.
The industrials sector plunged 0.49% after the retreat of six stocks topped by Investment Holding Group by 1.02% to QAR 4.84, its lowest price ever. Meanwhile, Mesaieed Petrochemical Holding soared 9.98%.
On the other hand, the goods sector topped risers with 0.36%, driven by the growth of five stocks, headed by Mannai Corp, which added 5.22%.
Qatar Aluminium Manufacturing Company’s (QAMCO) stock, down 2.10%, topped the QSE in terms of both trading volume and value after 2.47 million shares were exchanged at a turnover of QAR 32.54 million ($8.94 million).
