Mubasher: The Qatar stock exchange (QSE) ended Monday’s trading session in the red, amid low liquidity.
The general index inched down 0.36%, or 30.62 points, to 8,569.58 points.
The QSE’s liquidity decreased to QAR 192.52 million on Monday from QAR 512.16 million on Sunday, while the trading volume declined to 14.38 million shares against 15.68 million in the previous session.
Masraf Al Rayan, Industries Qatar and Qatar National Bank’s blue-chip stocks fell 1.14%, 0.7% and 0.5%, respectively. Given blue chips make up more than 42% of the relative weight of the QSE’s general index.
The industrial sector topped five decliners levelling down 0.61% after Qatar National Cement shed 3.02%.
Similarly, the banking sector inched down 0.07%, dragged by Ahli Bank which sank 2.39%.
On the flipside, the insurance sector led two gainers adding 3.21%, encouraged by Qatar General Insurance and Reinsurance Company and Qatar Islamic Insurance which soared 4.57% and 0.35%, respectively.
The real estate sector added 0.42% on the back of United Development’s 1.41% rise.
While Zad Holding’s stock topped the QSE’s losers tumbling 6.67%, while Qatar First Bank’s stocks led the winners adding 6.67%.
Qatar First Bank headed the QSE’s trading volume with 5.9 million shares, generating QAR 37.8 million.
