QSE closes down on real estate stocks

 

Doha – Mubasher: The Qatar Exchange’s (QSE) benchmark index ended Monday in the red, retreating 0.94% or 96 points and closing at 10,092.07 points.

Al Rayan Islamic Index and the All-Share index fell 0.81% and 0.85%, respectively.

Traded volume increased 17.2% to 9.34 million shares against 7.97 million on Sunday.

Real estate stocks pressured indices, as the sector dropped 2.05%, dragged by Ezdan Holding which lost 2.66%.

The industrial sector was down 1.3% after Aamal Co shed 2.34%, leading the sector’s losers.

The banking and transport sectors slipped 0.62% and 0.18%, respectively, whereas the telecom sector led risers, adding 0.5% after Ooredoo gained 0.77%.

Insurance and services were also among the gainers, adding 0.16% and 0.07%, respectively.

Dlala Brokerage and Investment Holding led rising stocks, surging 10%, whereas Islamic Holding Group (IHG) topped fallers, losing 3.4%.

Qatar First Bank (QFB) was the most active in terms of traded value and volume, reaching QAR 21 million and 1.49 million shares traded, respectively. The stock inched up 0.07%.

Mubasher Contribution Time: 02-May-2016 11:26 (GMT)
Mubasher Last Update Time: 02-May-2016 11:48 (GMT)