QSE falls 35.31 pts at Thursday’s close

Mubasher: The Qatar stock exchange (QSE) ended Thursday’s session in the red, dragged down by the drop of six sectors.

The general index shed 0.40%, or 35.31 points, to 8,880.51 points.

The QSE’s liquidity increased to QAR 3.51 billion on Thursday, hitting the highest level since October 2014, from QAR 570.58 million on Wednesday, while trading volume surged to 59.24 million shares against 10.21 million in the previous session.

By the end of the week’s last session, the real estate sector topped the QSE’s decliners falling 0.97% as Mazaya Qatar Real Estate Development and Ezdan Holding Group went down 4.37% and 2.97%, respectively.

Similarly, the industrial sector plunged 0.64% due to Aamal’s 1.91% drop, while the banking sector retreated 0.59% as Qatar National Bank (QNB) levelled down 0.49%.

On the other hand, the goods and services sector was the bourse’s only gainer adding 0.19% as Zad Holding Company rose 3.64%.

By the end of the session, Qatar Navigation’s stock, which declined 2.07%, led the QSE in terms of trading volume with 23.7 million shares, while QNB’s stock led the market in terms of liquidity with QAR 1.84 billion.

 

MUBASHER Contribution Time: 31-May-2018 11:25 (GMT)
MUBASHER Last Update Time: 31-May-2018 11:32 (GMT)