Mubasher: The Qatar Stock Exchange (QSE) started Wednesday, the first trading session in 2019, in the red after dropping 17.78 points, or 0.18%, to 10,281.23 points.
The QSE suspended its trading activities on Tuesday, 1 January on the occasion of New Year’s Day.
By 9:48 am Qatar time, the QSE saw trading of 1.6 million shares exchanged through 957 transactions at a turnover of QAR 23.8 million.
The real estate sector fell 1.11% as Ezdan Holding Group’s stock lost 1.93%, while the banks and financial service sector shed 0.09% after Qatar First Bank’s (QFB) stock levelled down 0.74%.
On the other hand, the consumer goods and services sector rose 0.43% as the stocks of Mannai Corporation and Widam Food Company grew 5.22% and 0.71%, respectively.
United Development Company’s (UDC) stock, which added 1.69%, led the market in terms of trading volume and value after 857,800 shares were exchanged at a turnover of QAR 12.9 million.