Mubasher: The Qatar stock exchange (QSE) closed Tuesday’s trading session in negative territory, pressured by the drop of six sectors, amid low liquidity.
The general index declined 28.27 points, or 0.28%, to finish the mid-week session at 10,163.41 points.
The bourse’s liquidity decreased to QAR 225.98 million on Tuesday from QAR 232.95 million on Monday, while the trading volume levelled down to 6.66 million shares against 4.69 million in the previous session.
The real estate sector topped the QSE’s decliners falling 1.37% as Ezdan Holding Group and United Development went down 2.3% and 0.36%, respectively.
Similarly, the banking sector plunged 0.68% due to Dlala Brokerage and Investment Holding’s 3.4% drop.
Meanwhile, the goods and services sector was the bourse’s only gainer adding 0.24% after Qatar for Cinema and Film Distribution jumped 9.9%.
By the end of the session, the heavyweight Qatar National Bank’s (QNB) stock led the QSE in terms of liquidity with QAR 39.9 million, while Qatar First Bank’s (QFB) stock, which retreated 0.46%, spearheaded the market in terms of trading volume with 1.3 million shares.
