QSE opens in red on banks sector

Doha – Mubasher: The Qatar Stock Exchange opened Monday’s trading in the red zone, dragged by the rise in blue chips.

The main index declined 0.16% or 16.68 points by 10:00 AM Doha time, reaching the level of 10,402.15 points.

Trading volume reached 1.12 million exchanged at QAR 47.06 million through 825 transactions.

The index was pressured by a fall of 0.2% in QNB, 0.43% in Masraf Al Rayan and 0.2% in Qatar Islamic Bank.

Ezdan Holding and Nakilat also shrank by 0.47% and 0.04% respectively.

The banking sector was the worst performer after dropping by 0.45%, followed by the real estate and transportation sectors with a fall of 0.33% and 0.02% respectively.

Meanwhile, the consumer goods, telecom and insurance sectors advanced by 0.43%, 0.37% and 0.19% respectively.

Doha Insurance topped gainers by adding 4.74%, while Widam led decliners with a 2.04% decrease.

Mubasher Contribution Time: 18-Jul-2016 08:12 (GMT)
Mubasher Last Update Time: 18-Jul-2016 08:12 (GMT)