QSE falls 37 pts early Wednesday

Mubasher: The Qatar Stock Exchange (QSE) started Wednesday’s trading session in red territory, pressured by the decline of six sectors.

By 10:00 am Qatar time, the general index fell 37.17 points, or 0.35%, to 10,650.11 points.

The QSE’s turnover amounted to QAR 17.66 million after 1.38 million shares were traded through 639 transactions.

The real estate sector led decliners with 1.55% after United Development went down 1.36%.

Meanwhile, the banking sector slid 0.27% as the heavyweight Qatar National Bank (QNB) fell 0.03%, while Qatar First Bank (QFB) rose 2.44%.

On the other hand, the goods sector was the only riser with 0.26%, supported by the 0.57% growth of Qatar Fuel (Woqod), while Qatar for Cinema and Film Distribution topped decliners with 7.83%.

QFB’s stock topped the market in terms of volume and value after 958,110 shares were exchanged at a turnover of QAR 4.04 million.  

Mubasher Contribution Time: 23-Jan-2019 07:47 (GMT)
Mubasher Last Update Time: 23-Jan-2019 07:49 (GMT)