QSE opens Sunday in red

Mubasher: The Qatar Stock Exchange (QSE) started Sunday’s trading session down, pressured by the drop of four sectors.

By 09:55 am Qatar time, the main index fell 0.21 % or 18.57 points to 8,874.70 points.

Turnover amounted to QAR 34.7 million after 1.6 million shares were traded through 658 transactions.

The banking sector topped the QSE’s losers shedding 0.70% as Qatar First Bank lost 2.01%.

Similarly, the goods sector declined 0.32% after the drop of Ak Meera Consumer Goods Company and Medicare Group with 1.63% and 1.35%, respectively.

Meanwhile, the real estate sector topped the bourse’s gainers adding 0.44%, encouraged by Barwa Real Estate and Mazaya Qatar Real Estate Development Company which grew 2.77% and 0.78%, respectively.

The industrial sector rose 0.18% on the back of Gulf International Investment’s 3.6% surge.

Qatar First Bank led the market in terms of trading volume with 621,400 shares, while Barwa Real Estate led the bourse in terms of liquidity with QAR 10.4 million.

 

MUBASHER Contribution Time: 11-Feb-2018 07:36 (GMT)
MUBASHER Last Update Time: 11-Feb-2018 07:41 (GMT)