QSE rises at Thursday's close on blue chips

Mubasher: The Qatar Stock Exchange (QSE) closed Thursday’s trading session in the green, encouraged by the growth of the blue chips amid low trades. 

The general index added 0.97%, or 87.69 points, to 8,135.86 points.

The QSE’s liquidity declined to QAR 292.32 million on Thursday from QAR 584.65 million on Wednesday, while the trading volume dropped to 12.86 million shares versus 15.61 million in the previous session.

The blue chips, which represent 42% of the QSE general index's relative weight, surged including Industries Qatar by 1.91%, while Qatar National Bank and Masraf Al Rayan gained 1.53% and 0.69%, respectively. 

The goods sector topped the five risers adding 2.56% on the back of Medicare Group’s 6.94% hike.

Similarly, the banking sector rose 1.22% after Islamic Holding Group and increased 7.87%.

Meanwhile, the transportation sector topped the bourse's decliners losing 1.43% after Qatar Gas Transport slid 1.78%, followed by the industrial sector, which inched down 0.25% as Qatar Industrial Manufacturing dropped 2.91%. 

Qatar First Bank, which rose 0.30%, spearheaded the QSE’s in terms of trading volume with 3.6 million shares, while Industries Qatar led the market in terms of liquidity with QAR 26.7 million. 

 

Mubasher Contribution Time: 11-Jan-2018 11:42 (GMT)
Mubasher Last Update Time: 11-Jan-2018 11:53 (GMT)