QSE opens Wednesday in red on near-collective sector fall

Mubasher: The Qatar Stock Exchange (QSE) started Wednesday’s trading session in the negative territory, dragged by the drop of six sectors.

By 10:15 am Qatar time, the general index inched down 0.15% to 9,808.55, losing 14.98 points.

The goods and services sector topped the QSE’s decliners falling 0.32% on the back of Qatar Fuel’s (Woqod) 0.66% drop.

Similarly, the industrial sector decreased 0.29% as Gulf International Company plunged 0.98%, while the banking sector inched down 0.10% due to Qatar International Islamic Bank’s (QIIB) 1.58% fall.

Meanwhile, the insurance sector was the bourse’s only gainer adding 1.49% after Qatar Insurance and Qatar Islamic Insurance grew 2.15% and 0.97%, respectively.

The Commercial Bank of Qatar’s (CBQ) stock, which retreated 1.27%, led the QSE in terms of trading volume with 284,940 shares, generating QAR 11.14 million in liquidity. 

Mubasher Contribution Time: 19-Sep-2018 07:46 (GMT)
Mubasher Last Update Time: 19-Sep-2018 08:26 (GMT)