Mubasher: The Qatar Stock Exchange (QSE) ended Tuesday’s trading session in the red, on the drop of three sectors.
Investors are closely watching the GCC Summit set to convene on Tuesday in Kuwait for the first time since the Gulf rift with Qatar.
By the end of Tuesday’s trades, three sectors went down, topped by the transportations sector which tumbled 0.99%. Gulf Warehousing Company and Qatar Navigation sank 2.44% and 2.20%, respectively.
The industrial sector went down 0.44% on the back of Mesaieed Petrochemical Holding Company’s 2.68% decline.
On the flipside, four sectors levelled up, spearheaded by the banking sector which edged up 0.33%, encouraged by National Leasing Holding Company’s 3.07% rise.
On Tuesday, market capitalisation jumped 0.6% recording QAR 435.9 billion compared to QAR 433.3 billion on Monday.
Liquidity decreased to QAR 305.43 million from QAR 335.54 million on Monday, while trading volume dropped to 14.42 million shares against 18.72 million shares in the previous session.
Ezdan Holding Group, which surged 8.56 %, topped trading volume with 2.1 million shares, while QNB was the most actively-traded stock on the market in terms of liquidity with QAR 65.3 million.
