QSE ends 2018 1st trading day at 1.14% up

Mubasher: The Qatar Stock Exchange (QSE) ended Tuesday’s trades in the green, which is the first session in 2018, encouraged by the growth of all sectors and blue chips.

The general index grew 1.14%, or 96.88 points, to 8,620.26 points.

The QSE announced that trading would be suspended on Monday, 1 January, on the occasion of the New Year’s holiday.

The QSE’s liquidity went up to QAR 236.10 million on Tuesday from QAR 194.60 million on Sunday, while the trading volume declined to 9.55 million shares against 10.94 million in the previous session.

Masraf Al Rayan’s stock topped blue-chip gainers after rising 2.41%, followed by Qatar National Bank (QNB) and Industries Qatar which grew 0.87% and 0.82%, respectively.

The real estate sector spearheaded risers adding 1.89% after Barwa Real Estate’s stock levelled up 3.12%, while the banking sector rose 0.93%, boosted by National Leasing Holding Company’s 3.27% hike.

The industrial sector leveled up 0.86% on the back of the 2.53% increase of Aamal Company.

During Tuesday’s session, Medicare Qatar, which added 9.99%, led 30 risers, meanwhile Qatar Industrial Manufacturing topped 11 decliners after shedding 2.61%.

Masraf Al Rayan was the most actively-traded stock on the QSE in terms of value and volume, generating QAR 39.9 million after 1.03 million shares changed hands.

Mubasher Contribution Time: 02-Jan-2018 12:19 (GMT)
Mubasher Last Update Time: 02-Jan-2018 12:28 (GMT)