By: Eslam Salem
Doha-Mubasher: Qatar Stock Exchange (QSE) reversed its early rise on Wednesday, falling into its third decline this week, weighed by a semi-collective decline in sectors led by the banks and financial services.
QE index lost 0.89% or 106 points to 11,836.95 points. QE Al Rayan Islamic index fell 0.10% to 4,607.99 points, while QE All Share index levelled down 0.85% to 3,169.41 points.
The banks and financial services sector shed 1.47% to lead the losers, followed by insurance (-1.01%), telecom (-0.87%), industrials (-0.72%), real estate (-0.24%) and transportation (-0.22%).
The consumer goods and services sector was the only gainer, rising 0.63%.
Trading volume reached 6.38 million shares executed through 4,130 transactions, at a turnover of QAR 336.52 million.
Medicare Group was the best performer, adding 3.03%, while Qatar General Insurance and Reinsurance Co topped losers, falling 4.25%.
Ezdan Holding Group was the most active company with a trading volume reaching 661,040 shares at a turnover of QAR 46.27 million.
Translated by: Julian Nabil
