QSE surges 350 pts at Monday’s close

Mubasher: The Qatar stock exchange (QSE) ended Monday’s trading session in green territory, encouraged by the growth of six sectors.

The general index rose 350 points, or 3.78%, to finish at 9,802.63 points.

The bourse’s liquidity increased by 138.3% to QAR 231.33 million on Monday from QAR 97.07 million on Sunday, while the trading volume levelled up 98.5% to 6.51 million shares, against 3.28 million in the previous session.

The banking sector topped the QSE’s risers adding 5.31% as Masraf Al Rayan grew 10%

On the negative side, the insurance sector was the bourse’s only loser falling 0.9% as General Insurance and Reinsurance Company dropped 8%.

By the end of the session, Qatar National Bank’s (QNB) stock, which advanced 6.1%, led the QSE in terms of liquidity with QAR 40.65 million, while Ezdan Holding Group’s stock, which grew 2.22%, led the market in terms of trading volume with 1.31 million shares.

Mubasher Contribution Time: 27-Aug-2018 11:37 (GMT)
Mubasher Last Update Time: 27-Aug-2018 11:40 (GMT)