Doha – Mubasher: The Qatar Stock Exchange (QSE) saw a negative performance in Wednesday’s early trades, weighed down by the fall of five stocks led by banks.
The general index fell by 0.56% or 58.98 points to reach 10,874.71 points by 10:15am Qatari time.
The banks sector topped losers with a 0.24% decline, weighed down by the decrease of the Commercial Bank of Qatar (CBQ) by 4.4%.
On the other hand, the industrial sector rose 0.19% after Gulf International Services (GIS) added 1.54%. The consumer goods and services sector grew by 0.17% as Salam International Investment (SIIS) went up by 1.02%.
The market saw the trading of 1.8 million shares through 1,010 transactions, with a turnover of QAR 72.9 million.
CBQ was the most active stock after trading 329,300 shares, while Qatar General Insurance and Reinsurance Co. was the value leader with a turnover of QAR 12.1 million.