QSE opens Thursday in red

Mubasher: The Qatar Stock Exchange (QSE) started Thursday’s trading session on a negative note.

By 09:50 am Qatar time, the general index fell 56.42 points, or 0.53%, to 10,627.52 points.

Turnover amounted to QAR 29.17 million after 1.53 million shares were traded through 633 transactions.

The real estate sector topped the QSE’s losers falling 1.43%, after United Development retreated 2.87%.

United Development’s stock led the bourse in terms of trading volume and value after nearly 968,300 shares were traded, generating QAR 15.8 million in liquidity.

The industrials sector declined 0.97% as Industries Qatar plunged 1.53%.

Meanwhile, the banking sector dropped 0.17%, pressured by Islamic Holding which dipped 2.27%.

On the other hand, the insurance sector inched up 0.09% after Qatar Insurance grew 0.13%.

Mubasher Contribution Time: 07-Feb-2019 07:23 (GMT)
Mubasher Last Update Time: 07-Feb-2019 07:28 (GMT)