Doha – Mubasher: The Qatar Stock Exchange (QSE) saw a negative performance on Wednesday, weighed down by the fall of five sectors led by real estate and banks stocks.
The general index went down 0.53% or 55.4 points to reach 10,361.49 points.
The real estate sector sank 1.24% as Barwa Real Estate and Ezdan Holding Group slid 3.36% and 0.65%, respectively.
The banks sector fell 0.34% due to a decline in Doha Bank, First Gulf Bank (FGB), and Qatar National Bank (QNB) by 8.83%, 3.77%, and 0.34%, respectively.
On the flipside, the insurance sector rose 0.92% as Qatar Insurance Co (QATI) and Qatar Islamic Insurance went up o1.12% and 0.15%, respectively.
The industrial sector grew 0.6% after Qatari Investors Group added 6.96%.
Turnover amounted to QAR 519 million on Wednesday, compared to QAR 524.7 million. Trading volume reached 14.03 million shares, compared to 14.4 million shares.
Qatar International Islamic Bank (QIIB) was the value leader after generating QAR 99.6 million, while National Leasing Holding Co. (Alijarah) was the most active stock with a trading volume of 1.8 million shares.
