Qatari index closes 0.28% higher

Doha – Mubasher: The Qatar Exchange’s main index closed Thursday’s session in green, rising 0.28% or 29.32 points to the level of 10,396.25 points.

The All Share Index also moved up 0.19%, while Al Rayan Islamic Index fell 0.43%.

Trading volume shrank 25.6% to 11.28 million shares from 15.1 million shares exchanged yesterday.

Turnover also decreased 24.6% to QAR 399.8 million from QAR 529.9 million.

The industrial sector was the best performer with an increase of 1.36%, as most of its stocks rose, topped by Qatar Industrial Manufacturing and Mesaieed Petrochemical Holding.

Transportation came second with a growth of 0.51% as Nakilat advanced 1.3%.

Pulling 0.21% higher, the banking sector joined the winners, thanks to Doha Bank and QNB which grew 0.81% and 0.64% respectively.

Qatar Industrial Manufacturing topped gainers by adding 7.6%, whereas Medicare Group headed losers by falling 10%.

National Leasing Holding (Alijarah) was the most traded stock after 1.75 million shares were exchanged at QAR 37.1 million, but it fell 8%.

Recording the day’s heaviest turnover, Masraf Al Rayan generated QAR 47 million through exchanging 1.35 million shares. The stock fell 0.43%.

The bourse’s benchmark index rose yesterday by 0.68% or 69.54 points to the level of 10,366.93 points.

Translated by: Elwy el-Manzalawy 

Mubasher Contribution Time: 21-Apr-2016 11:26 (GMT)
Mubasher Last Update Time: 21-Apr-2016 11:45 (GMT)