Mubasher: The Qatar Stock Exchange (QSE) on Wednesday hit an all-time high since August 2017, encouraged by companies' fourth-quarter 2017 earnings announcement.
The general index increased 1.12%, or 103.99 points, to 9,358.60 points.
The QSE’s liquidity rose to QAR 419.44 million on Wednesday from QAR 310.77 million on Tuesday, while the trading volume hiked to 15.16 million shares from 11.72 million in the previous session.
The goods and services sector topped the market's five gainers adding 2.88% after Mannai Corporation increased 5.51%.
Similarly, the banking sector went up 0.92% as Qatar Oman Investment hiked 6.61%, while the industrial sector levelled up 0.69% after Gulf International added 2.68%.
Meanwhile, the insurance sector topped the bourse's two losers with 1.18%, dragged by Qatar Insurance’s 1.65% drop.
The telecommunications sector decreased 0.75 as Ooredoo lost 1.47%.
Qatar First Bank, which declined 5%, led the QSE in terms of trading volume with 3.7 million shares, while Doha Bank, which rose 4.24%, topped the market in terms of liquidity with QAR 42.5 million.
