QSE indices edge up on Ezdan at close

Doha – Mubasher: Qatar Stock Exchange (QSE) fled away from the red zone to end Sunday’s trading session on a positive note amid a rise of the real estate sector and a pressure by the telecom and banking sectors.  

The main index edged up 0.02% to 10187.98 points, paring most early gains, but succeeding, though, to stay on a positive note for the second connective session.

 Sector-wise, the real estate ended 1.27% higher backed by Ezdan that rose by 2.12%, while the industrial sector inched up by 0.01% at close.  

On the flip side, the telecoms and banks pressured the benchmark today after Vodafone, Ooredoo, Al Rayan bank, and QNB saw a slide of 0.83%, 0.76%, 1%, and 0.35% respectively.

Market liquidity declined by 43.6% to QAR185.32 million after 7.97 million shares were traded.

The top gainers led by National Leasing (+5.2%), while Qatar for Cinema headed the top losers with a decline of 3.04%.

The most trading stock in terms of value and volume was Qatar First Bank with 2.3 million shares changing hands at a turnover of QAR32.3 million. Its quote was 2.69% higher at close. 

MUBASHER Contribution Time: 01-May-2016 12:25 (GMT)
MUBASHER Last Update Time: 01-May-2016 13:56 (GMT)