QSE falls 251 pts at Sunday’s close

Mubasher: The Qatar stock exchange (QSE) ended Sunday’s trading session in the red, dragged down by the fall of five sectors.

The general index went down 251.86 points, or 2.55%, to 9,635 points.

The bourse’s liquidity decreased 21% to QAR 136.1 million on Sunday from QAR 172.74 million on Thursday, while the trading volume went down 37% to 4.29 million shares against 6.78 million in the previous session.

The banking sector topped the QSE’s losers falling 3.59%, followed by the real estate and insurance sectors, which declined 2.79% and 2.76%, respectively.

Similarly, the industrial and goods sectors levelled down 2.21% and 1.35%, respectively.

By the end of the session, the heavyweight Qatar National Bank’s (QNB) stock, which retreated 4.73%, led the QSE in terms of liquidity with QAR 36 million, while Qatar Gas Transport’s (Nakilat) stock, which decreased 0.99%, topped the market in terms of trading volume with 447,000 shares.

Mubasher Contribution Time: 12-Aug-2018 12:21 (GMT)
Mubasher Last Update Time: 12-Aug-2018 12:25 (GMT)