QSE starts Monday in red

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

By 10:00 am Qatar time, the general index went down 0.29% to 9835,67 points, losing 28.35 points.

Turnover amounted to QAR 6.4 million after 267,800 shares were traded through 188 transactions.

The banking sector topped the QSE’s decliners falling 0.37% as the Commercial Bank of Qatar (CBQ) decreased by 1.76%.

Similarly, the industrial sector levelled down 0.26% on the back of Investment Holding Group’s 1.63% drop.

Meanwhile, the real estate sector headed the bourse’s gainers adding 0.33% after Ezdan Holding Group and United Development Company rose 0.94% and 0.14%, respectively.

The goods and services sector grew 0.19% due to Al Meera Consumer Goods’ 1.42% increase.

United Development Company’s stock led the QSE in terms of trading volume with 176,500 shares, generating QAR 2.5 million in liquidity.

Mubasher Contribution Time: 03-Sep-2018 07:25 (GMT)
Mubasher Last Update Time: 03-Sep-2018 07:27 (GMT)