Doha – Mubasher: The Qatar Stock Exchange’s (QSE) general index closed Thursday’s trading session on a positive note, surging 3.04% or 272.67 points to 9,237.68 points.
The bourse marked its first rise since the diplomatic rift between Qatar and other countries commenced Monday.
All of the market’s sectors ended the session in the green, led by real estate with 5.31%, backed by Barwa Real Estate, Ezdan Holding, and Mazaya Qatar, which grew 5.99%, 4.93%, and 3.65%, respectively.
The transport sector followed, adding 5.28% after Gulf Warehousing and Nakilat surged 9.09% and 8.43%, respectively, while the services sector increased 4.55%.
The financial and industrial sectors, the two sectors with the biggest impact on the QSE’s general index, rose 2.47% and 3.17%, respectively. The first was backed by Masraf Al Rayan, Islamic Holding Group, and Dlala Brokerage and Investment, which gained 5.13%, 4.5%, and 3.8%, respectively.
Qatari Investors’ stock led risers on Thursday with 10%, while Al Khaleej Takaful Group led fallers, shedding 4.12%.
Turnover amounted to QAR 516.93 million on Thursday after 15.59 million shares were traded against QAR 493.43 million and 20.92 million shares on Wednesday.
Vodafone Qatar’s stock was the most actively traded in terms of volume with 2.61 million shares exchanged, while Qatar National Bank (QNB) logged the highest turnover of QAR 58.81 million.
