Real estate, banks sectors drive QSE lower Sunday

Doha – Mubasher: The Qatar Stock Exchange (QSE) closed Sunday’s trading session down, pressured by six declining sectors.

The main index inched down 0.17% or 13.85 points, compared to Thursday’s close.

The real estate sector led declining sectors with 0.76%, as Ezdan Holding Group and United Development Co fell 1.20% and 0.83%, respectively.

The banks sector slipped 0.25%, as National Leasing Holding Co tumbled 1.41%.

On the other hand, the insurance sector edged up 0.91%, as Doha Insurance Group and Qatar Islamic Insurance rose 7.14% and 0.60%, respectively.

14 stocks have dropped on today’s trading session, including Gulf Warehousing Co, which fell 2.05%.

Meanwhile, 16 stocks levelled up on Sunday and 10 stocks were stable.

Turnover grew to QAR 126.27 million, versus QAR 145.27 million in the previous session, while trading volume retreated to 11.85 million shares from 8.45 million shares.

Qatar First Bank achieved the highest activity, rising 7.09, as 4.6 million shares were traded at a liquidity of QAR 54.06 million.

MUBASHER Contribution Time: 22-Oct-2017 13:35 (GMT)
MUBASHER Last Update Time: 22-Oct-2017 13:35 (GMT)