Mubasher: The Qatar Stock Exchange’s (QSE) general index went up 25.96 points, or 0.24%, to 10,787.75 points on Thursday.
The real estate sector grew 2.10% topped by Ezdan Holding Group which added 3.19%.
The industrials sector levelled up 0.27%, supported by the growth in Industries Qatar, the second heaviest-weighted stock in the general index, which rose 0.61% to QAR 148.90, its highest level since May 2015.
Meanwhile, the banking sector led decliners with 0.28%, after Islamic Holding Group shed 2.22%. the sector shrugged off Ahli Bank’s sharp rise of 9.37%.
Ahli Bank reported 4% growth in profits to QAR 665.56 million in 2018, compared to QAR 639.71 million in 2017 and recommended the distribution of cash dividends and bonus shares at 10% each.
The heavyweight Qatar National Bank’s (QNB) stock, down 0.50%, topped the QSE in terms of turnover with QAR 45.5 million, while Qatar Aluminium Manufacturing’s (QAMCO) stock, up 2.61%, registered the highest trading volume of 2.1 million shares.
