Mubasher: The Qatar stock exchange (QSE) closed Thursday in the red, dragged down by the fall of five sectors, coinciding with thin trades.
The general index went down 62.77 points, or 0.75 %, to 8,308.34 points.
By the end of the session, the QSE’s liquidity decreased 31% to QAR 137.24 million from QAR 198.34 million on Wednesday, while the trading volume declined to 7.68 million shares against 7 million in the previous session.
The industrial sector topped the QSE’s losers falling 1.24% as Gulf International Services declined 2.98%, while the banking sector inched down 0.28% after Doha Bank slid 10%.
On the other hand, the insurance sector rose 0.30% as Doha Insurance and Qatar Insurance increased 4.3% and 0.31%, respectively.
Similarly, the real estate sector inched up 0.25%, boosted by Ezdan Holding Group and Mazaya Qatar Real Estate’s growth with 0.70% and 0.52%, respectively.
Vodafone Qatar’s stock, which decreased 0.77%, led the market in terms of trading volume of 2.8 million shares, generating QAR 21.2 million.