Real estate boosts QSE at Tuesday’s close

Mubasher: The Qatar stock exchange (QSE) ended Tuesday’s trading session on a positive note, supported by the growth of five sectors, amid high liquidity.

The general index rose 20.35 points, or 0.21%, to finish at 9,820.18 points.

The bourse’s liquidity increased to QAR 115.16 million on Tuesday from QAR 99.96 million on Monday, while the trading volume levelled up to 8.20 million shares against 4.55 million in the previous session.

The real estate sector topped the QSE’s risers adding 1.87% as Ezdan Holding Group grew 2.68%

Similarly, the banking sector rose 0.17% as Qatar First Bank (QFB) and the heavyweight Qatar National Bank (QNB) advanced 4.9% and 0.29%, respectively.

On the flipside, the telecommunication sector headed the bourse’s losers falling 0.79%, dragged by the drop of Vodafone Qatar and Ooredoo by 0.89% and 0.72%, respectively.

The insurance sector declined 0.60% after Doha Insurance fell 5.69%.

By the end of the session, Investment Holding Group’s stock, which jumped 4.11%, led the QSE in terms of trading volume with 2.9 million shares, generating QAR 17.1 million in liquidity.

Mubasher Contribution Time: 04-Sep-2018 11:23 (GMT)
Mubasher Last Update Time: 04-Sep-2018 11:31 (GMT)