QSE starts Sunday in green

Mubasher: The Qatar Stock Exchange (QSE) opened Sunday’s trading in green territory, supported by Qatar Petroleum's decision to increase non-Qatari investors' ownership in the listed state-run energy firms to 49%.

By 10:00 am Qatar time, the general index grew 96.35 points, or 1.12%, to 8,670.34 points.

Turnover amounted to QAR 101.3 million after 3.6 million shares changed hands through 1,400 transactions.

The goods sector topped the QSE’s five gainers adding 3.96% as Woqod and Zad Holding Group levelled up 8.53% and 0.875, respectively.

Similarly, the industrial sector rose 2.90% after Mesaieed surged 9.60%, while the banking sector went up 0.69%, backed by Qatar National Bank (QNB) which increased 0.77%.

On the negative side, the insurance sector topped the market’s two losers falling 0.87% as Qatar Insurance decreased 1.31%.

The real estate sector inched down 0.03%, dragged by United Development Company which levelled down 0.47%.

MUBASHER Contribution Time: 01-Apr-2018 07:38 (GMT)
MUBASHER Last Update Time: 01-Apr-2018 07:46 (GMT)