QSE opens Wednesday higher

Doha – Mubasher: The Qatar Stock Exchange (QSE) saw a positive performance in Wednesday’ early trades, spurred by the rise of three sectors led by insurance and banks.

The general index grew 0.26% or 27.55 points to reach 10,444.44 points by 10:15am Qatari time.

The insurance sector added 1.51% after Qatar Insurance Co (QIC) levelled up 1.81%.

The banks sector went up 0.26% as National Leasing Holding Co. (Alijarah) went up 3.16%.

On the other hand, the real estate sector fell 0.11% as United Development Company (UDC) and Barwa Real Estate sank 0.42% and 0.28%, respectively.

The market saw trading of 2.9 million shares through 1,500 transactions, with a turnover of QAR 117.9 million.

Alijarah was the most active stock with 808,800 traded shares, while Qatari Investors Group (QIGD) was the value leader with a turnover of QAR 24.3 million.

Mubasher Contribution Time: 08-Mar-2017 07:49 (GMT)
Mubasher Last Update Time: 08-Mar-2017 08:07 (GMT)