QSE ends Sunday down amid thin trade

Mubasher: The Qatar Stock Exchange (QSE) closed Sunday’s trading session in the red, amid thin trade.

The general index inched down 16.23 points, or 0.18%, to 9,080.13 points.

By the end of the session, the QSE’s liquidity decreased to QAR 113.47 million on Sunday from QAR 135.54 million on Thursday, while the trading volume went down to 4.14 million shares against 5.69 million in the previous session.

The real estate sector topped the QSE’s four losers falling 1.28% as Ezdan Holding Group and Mazaya Qatar Real Estate Development declined 2.5% and 1.12%, respectively.

The banking sector went down 0.48%, dragged by the drop of the Commercial Bank with 3.12%, shrugging off Al Ahli’s 5.74% hike.

Meanwhile, the industrial sector topped the market’s three gainers adding 0.35% as Qatar Electricity and Water Company rose 1.78%.

Qatar First Bank’s stock, which declined 0.15%, led the bourse in terms of trading volume with 837,000 shares, while United Development Company’s stock, which stabilised at QAR 16.65, topped the market in terms of liquidity with QAR 13.7 million.

MUBASHER Contribution Time: 25-Feb-2018 10:55 (GMT)
MUBASHER Last Update Time: 25-Feb-2018 11:00 (GMT)