Services, real estate stocks boost QSE at Monday’s open

Doha – Mubasher: The main index of the Qatar Stock Exchange (QSE) inched up 0.01% or 1.3 points to 10,198.64 points in Monday’s early trades.

Sectors rose collectively, except the transportation and telecoms which shed 1.31% and 0.31%, respectively by 10:00am Qatar time.

The consumer goods and services sector led risers with a 0.34% increase as Widam Food Company gained 1.68% and Qatari German for Medical Devices rose 1.48%.

The real estate sector increased 0.3% after United Development Company and Ezdan Holding Group levelled up 1.68% and 0.26%, respectively.

The banks sector edged up 0.15% as Doha Bank, Al Khalij Commercial Bank, and Alijarah went up 2.11%, 1.72%, and 1.03%, respectively.

Al Khaleej Takaful Group led risers with a 7.05% growth, whereas Nakilat led losers after declining 1.71%.

Liquidity reached QAR 6.13 million, after 236,980 shares were exchanged through 271 transactions.

Nakilat topped stocks in terms of trading volume and value, trading 78,470 shares at a value of QAR 1.58 million.

Mubasher Contribution Time: 24-Apr-2017 08:46 (GMT)
Mubasher Last Update Time: 24-Apr-2017 08:46 (GMT)