QSE starts Wednesday in decline

Mubasher: The Qatar Stock Exchange (QSE) opened Wednesday’s trading session with negative performance, pressured by the fall of four sectors.

By 10:15 am Qatar time, the general index went down 0.14% to 10,746.59 points, losing 16.40 points.

Turnover amounted to QAR 93.3 million after 2.5 million shares were traded through 1,300 transactions.

The real estate sector topped losers falling 0.93% as Ezdan Holding Group and Barwa Real Estate Development declined 1.48% and 0.05%, respectively.

Similarly, the banking sector inched down 0.16% on the back of Qatar Islamic International Bank’s (QIIB) 0.8% drop.

Meanwhile, the transportation sector headed gainers with 0.65% as Qatar Gas Transport (Nakilat) and Gulf Warehousing rose 2.25% and 0.17%, respectively.

The heavyweight Qatar National Bank’s (QNB), which stood at QAR 200, led the QSE in terms of liquidity with QAR 41.1 million, while QAMCO’s stock, which plunged 1.75%, spearheaded the market in terms of trading volume with 663,000 shares.

Mubasher Contribution Time: 16-Jan-2019 07:43 (GMT)
Mubasher Last Update Time: 16-Jan-2019 07:47 (GMT)