Banks, Insurance boost QSE at Wedensday's close

Mubasher: The Qatar stock exchange (QSE) ended Wednesday's trading session on a positive note, supported by the growth of the banking and insurance sectors.

The general index inched up 10.14 points, or 0.10%, to finish at 9,830.32 points.

The bourse’s liquidity increased to QAR 188.15 million on Wednesday from QAR 115.16 million on Tuesday, while the trading volume leveled down to 8.81 million shares against 8.20 million in the previous session.

The banking sector topped the QSE's risers adding 0.78% on the back of the heavyweight Qatar National Bank's (QNB) 1.70% increase. 

Similarly, the insurance sector grew 0.50% as Doha Insurance levelled up 4.05%. 

On the other hand, the transportation sector headed the bourse's decliners falling 1.14% after Qatar Gas Transport decreased by 1.66%, while the industrial sector retreated 0.50% due to Qatar Industrial Manufacturing's 4.88% plunge. 

By the end of the session, QNB's stock led the QSE in terms of liquidity with QAR 40.6 million, while Ezdan Holding Group's stock, which inched up 0.10%, headed the market in terms of trading volume with 737,500 shares. 

Mubasher Contribution Time: 05-Sep-2018 11:16 (GMT)
Mubasher Last Update Time: 05-Sep-2018 11:19 (GMT)