QSE down in early trade on Banks, transportation stocks

Doha – Mubasher: The main index of the Qatar Stock Exchange (QSE) opened Sunday’s session falling by 0.12% or 12.96 points to the level of 10,425.49 points.

Trading volume reached 1.05 million exchanged by 10:00am Doha time through 402 transactions, making a turnover of QAR 24.4 million.

Qatar Islamic Bank (QIB) declined 0.56%, QNB shrank 0.37%, Masraf Al Rayan fell 0.29% and Mazaya Qatar retreated 0.67%.

The banking sector was the worst performer after dropping by 0.38%, pressured by a 1.13% decrease in Al Khalij Commercial Bank.

The transportation sector slid 0.29% as Milaha shrank 1.53%, the real estate sector dropped 0.02%.

On the other hand, the telecom and insurance sector grew by 0.84% and 0.25% respectively.

Qatar Cement led the green list with a growth of 1.2%.

Mubasher Contribution Time: 23-Oct-2016 07:47 (GMT)
Mubasher Last Update Time: 23-Oct-2016 11:53 (GMT)