QSE gains 51 pts at Thursday’s close

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

The general index rose 0.52%, or 50.90 points, to 9,886.45 points, nearing the level of 9,900 points.

By the end of the last session this week, the QSE’s liquidity increased to QAR 329.25 million from QAR 218.89 million on Wednesday, while trading volume levelled up to 8.99 million shares against 7.14 million in the previous session.

The real estate sector topped the QSE’s risers adding 3.01% as Ezdan Holding Group and United Development Company grew 6.05% and 0.07%, respectively.

Similarly, the banking sector levelled up 1.17% on the back of Masraf Al Rayan’s 2.36% hike, the highest since August 2008.

On the negative side, the goods and services sector headed the bourse’s decliners falling 0.50% after Al Meera Consumer Goods Company levelled down 2.23%, while the industrial sector inched down 0.10% due to Aamal Company’s 2.4% drop.

By the end of the session, Qatar National Bank’s (QNB) stock, which advanced 1.41%, led the QSE in terms of turnover with QAR 76.9 million, while Ezdan Holding Group’s stock spearheaded the market in terms of trading volume with 1.9 million shares.

Mubasher Contribution Time: 30-Aug-2018 11:21 (GMT)
Mubasher Last Update Time: 30-Aug-2018 11:31 (GMT)