QSE sheds 87 pts at Monday’s close

Mubasher: The Qatar stock exchange (QSE) ended Monday’s trading session in the red, dragged down by the fall of all sectors, amid heavy trades.

The general index declined or 87.49 points, or 0.96%, to 8,992.64 points.

By the end of the session, the QSE’s liquidity surged to QAR 511.55 million from QAR 113.47 million on Sunday, while the trading volume went down to 9.86 million shares against 4.14 million in the previous session.

The banking sector topped the QSE’s losers falling 1.71% as Ahli Bank and Qatar National Bank (QNB) declined 8.57% and 3.13%, respectively.

The transportation sector decreased 1.01% after Qatar Gas Transport and Gulf Warehousing Company dropped 3.15% and 1.19%, respectively.

Similarly, the industrial sector went down 0.54% as Qatar National Cement levelled down 7.54%, while the real estate sector declined 0.48% on the back of Mazaya Qatar Real Estate Development’s 1.77% slump.

Qatar First Bank’s stock, which decreased 1.35%, led the bourse in terms of trading volume with 1.9 million shares, while Barwa Real Estate’s stock, which inched down 0.66%, spearheaded the market in terms of liquidity with QAR 47.5 million.

MUBASHER Contribution Time: 26-Feb-2018 11:23 (GMT)
MUBASHER Last Update Time: 26-Feb-2018 11:27 (GMT)