Mubasher: The Qatar stock exchange (QSE) ended Tuesday’s trading session in the negative territory, dragged by the fall of three sectors, synchronising with high liquidity.
The general index declined 18.23 points, or 0.19%, to finish at 9,713.42 points.
The bourse’s liquidity increased to QAR 236.20 million in the mid-week session from QAR 206.10 million on Monday, while the trading volume decreased to 5.28 million shares against 6.83 million in the previous session.
The insurance sector topped the QSE’s decliners falling 1.34% as Qatar General Insurance and Reinsurance plunged 3.51%.
Similarly, the industrial sector levelled down 0.32% after Qatari Investors Group and Industries Qatar went down 1.93% and 1.02%, respectively.
Meanwhile, the goods and services sector headed the bourse’s gainers adding 2.80% due to Qatar Fuel’s (Woqod) 4.66% hike, while the banking sector inched up 0.08% as Islamic Holding Group rose 2.54%.
By the end of the session, Qatar National Bank’s (QNB) stock, which inched down 0.01%, led the QSE in terms of liquidity with QAR 61.4 million, while Mesaieed Petrochemical Holding’s stock, which advanced 0.24%, spearheaded the market in terms of trading volume with 997,700.
