Mubasher: The Qatar Stock Exchange (QSE) started Wednesday’s trading in negative territory, pressured by the drop of banking and telecoms sectors.
By 10:00 am Qatar time, the general index fell 12.36 points, or 0.14%, to 8,681 points.
The bourse's trading volume reached 736,200 shares changed hands through 302 transactions with QAR 14.2 million in a turnover.
The telecoms sector shed 0.48% as Vodafone Qatar inched down 0.82%, while Ooredoo edged down 0.30%.
Likewise, the banking and financial services sector decreased 0.01% after Qatar First Bank (QFB) declined 1.02%.
On the positive side, the consumer goods and services sector rose 1.40%, backed by Qatar Fuel (WOQOD) and Widam Food Company which gained 2.80% and 1.15%, respectively.
Al Meera Consumer Goods Company’s stock led losers with 5.39%, whereas Qatar General Insurance & Reinsurance Company’s (QGRIC) topped risers with 3.53%.
Mesaieed Petrochemical Holding Company’s, up 0.34%, headed the QSE in terms of traded volume after 321,900 shares were exchanged, while WOQOD’s stock topped the market in terms of liquidity with 5.5%.
