QSE ends Thursday’s up amid high liquidity

Mubasher: The Qatar stock exchange (QSE) ended Thursday’s trading in the green, encouraged by the growth of four sectors, amid high liquidity.

The general index rose 0.45%, or 41.33 points, to 9,200.10 points.

By the end of the last session this week, the market's turnover inched 0.4% to QAR 504.7 billion from QAR 502.9 billion in Wednesday.

The QSE’s liquidity increased to QAR 886.02 million on Thursday from QAR 346.54 million on Wednesday, while the trading volume decreased to 11.15 million shares against 13.73 million in the previous session.

The goods and services sector topped the QSE’s gainers adding 0.89% after Widam Food Company surged 8.24%.

Similarly, the banking sector levelled up 0.85% on the back of Qatar National Bank (QNB) and Masraf Al Rayan which added 0.65% and 1.13%, respectively.

Meanwhile, the real estate sector topped the market’s three losers falling 0.80% after United Development Company declined 3.57%.

Qatar First Bank, which advanced 2.33%, spearheaded the QSE’s trading volume with 3.01 million shares, while Widam Food Company led the market in terms of liquidity with QAR 29.19 million.

Mubasher Contribution Time: 18-Jan-2018 11:43 (GMT)
Mubasher Last Update Time: 18-Jan-2018 11:51 (GMT)