QSE falls 64 pts at Monday’s close

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

The general index decreased by 64.19 points, or 0.65%, to finish at 9,799.83 points.

The bourse's market capitalisation leveled down 1% to QAR 540.4 billion on Monday from QAR 545.9 billion on Sunday.

The QSE’s liquidity fell to QAR 99.96 million on Monday from QAR 96.32 million on Sunday, while the trading volume went down to 4.55 million shares against 5.35 million in the previous.

The real estate sector topped the QSE’s decliners falling 3.38% as Ezdan Holding Group tumbled by 5.54%.

Similarly, the banking sector retreated 0.96% on the back of the heavyweight Qatar National Bank’s (QNB) 1.35% drop, while the industrial sector levelled down 0.54% after Mesaieed Petrochemical Holding fell 1.20%,

Meanwhile, the goods and services sector was the bourse’s only gainer adding 0.47% as Mannai Corp rose 1.58%.

By the end of the session, QNB’s stock led the QSE in terms of liquidity with QAR 13.23 million, while Ezdan Holding Group’s stock spearheaded the market in terms of trading volume with 837,440 shares. 

Mubasher Contribution Time: 03-Sep-2018 12:32 (GMT)
Mubasher Last Update Time: 03-Sep-2018 12:42 (GMT)