Mubasher: The Qatar Stock Exchange’s (QSE) general index dropped 12.24 points, or 0.11%, to close at 10,715.29 on Tuesday.
The QSE’s liquidity shrank to QAR 186.9 million by the end of the mid-week session, from QAR 1.4 billion on Monday, while trading volume retreated to 6.7 million shares, compared to 8.5 million on Monday.
The real estate sector led decliners with 1.47%, headed by Ezdan Holding which retreated 2.20%.
Meanwhile, the banking sector plunged by 0.20%, after Ahli BanK decreased 0.28%.
On the other hand, the transportation sector surged 0.31%, as Qatar Gas Transport Company (Nakilat) grew 0.54% to QAR 20.66, its highest level since April 2017, following the announcement of Qatar Navigation (Milaha) for raising its stake in Nakilat.
Gulf Warehousing Company (GWCS) headed fallers with 4.14%, while Qatari German for Medical Devices topped gainers, soaring 6.45%.
GWCS’ ordinary general meeting (OGM) and extraordinary general meeting (EGM) approved distributing 19% cash dividends for 2018.
Qatar Islamic Bank’s stock, up 0.19%, led the QSE in terms of trading value with QAR 19.9 million, while Qatar Aluminium Manufacturing’s (QAMCO) stock, which dropped 1.05%, registered the highest trading volume with nearly 763,500 shares.
