Mubasher: The Qatar stock exchange (QSE) ended Thursday’s trading in green territory, encouraged by the growth of five sectors, amid heavy liquidity.
The general index rose 49.27 points, or 0.55%, to finish at 9,049.19 points.
By the end of the last session this week, the bourse’s liquidity surged to QAR 890.59 million from QAR 326.56 million on Wednesday, while the trading volume increased to 11.84 million shares against 8.98 million in the previous session.
The goods and services sector topped the QSE’s risers adding 1.45% as Zad Holding Company grew 3.13%.
Similarly, the banking sector went up 0.25% due to Masraf Al Rayan’s 2.13% increase.
On the negative side, the insurance sector topped the bourse’s decliners falling 1.01% after Qatar General Insurance and Reinsurance and Qatar Insurance went down 1.94% and 1.02%, respectively.
The telecommunication sector inched down 0.07%, dragged by Vodafone Qatar which dropped 1.84%.
Mesaieed Petrochemical Holding’s stock, which advanced 2.80%, led the QSE in terms of trading volume with 4.6 million shares, while Qatar National Bank’s (QNB) stock, which inched up 0.01%, headed the market in terms of liquidity with QAR 108.8 million.
