Doha – Mubasher: The main index of the Qatar Stock Exchange (QSE) gained 1.68% or 150.94 points to reach 9,115.95 points in Thursday’s early trades, after Saudi Arabia, Bahrain, Egypt, and the UAE on Monday broke their diplomatic ties with Qatar.
By 9:39 am Qatar time, most of the sectors grew with the exception of the insurance sector which edged down 0.07% as Al Khaleej Takaful Group retreated 4.12%.
The consumer goods and services sector rose 3.4% after Widam Food, Medicare Group, and Qatar Fuel (Woqod) surged 7.92%, 6.52%, and 4.85%, respectively.
The real estate sector went up 2.25% as Mazaya Qatar levelled up 4.33%, followed by Barwa with 3.24%, and Ezdan Holding Group with 2.65%.
The transportation sector increased 2.06%, while the banks sector rose 1.81% after Masraf Al Rayan and Qatar First Bank (QFB) gained 3.85% and 2.6%, respectively.
Trading volume reached 1.11 million shares with a liquidity of QAR 44.2 million.
Qatar Gas Transport Company Ltd’s (Nakilat) stock led in terms of traded volume with 167,170 shares exchanged, while Qatar Islamic Bank’s (QIB) stock was the most active in terms of trading value with a turnover of QAR 9.42 million.
