Mubasher: The Qatar Stock Exchange (QSE) closed Tuesday in the green, registering is second straight increase and backed by growth in four sectors.
The QSE’s general index added 0.17% or 17.76 points to close at 10,722.49 points. Turnover jumped to QAR 354.74 million on Tuesday from QAR 303.43 million on Monday, while traded volume edged higher to 10.53 million shares against 10.34 million.
The goods, transport, real estate, and telecommunications sector ended the session in the green, while insurance, banks, and industrials ended on a low note.
The goods sector grew 2.37% on the back of five stocks, led by Medicare group’s 2.96% rise, whereas the banking sector fell 0.22% after heavy-weight Qatar National Bank (QNB) decreased 0.26%.
Islamic Holding Group (IHG) led gainers, surging 7.39%, whereas Qatari Investors Group led losers, falling 2.77%.
IHG reported turning to profitability with QAR 816,000 in Q4-18, whereas for the full year 2018, the firm’s profits were unchanged year-on-year at QAR 471,900.
In terms of activity, QNB was the value leader with QAR 65.7 million in turnover, while United Development, up 0.6%, led in terms of volume with 1.6 million shares exchanged.
