Banks boost QSE early Wednesday

Mubasher: The Qatar Stock Exchange (QSE) started Wednesday’s trading session with a positive performance, supported by the growth of five sectors.

By 09:50 am Qatar time, the general index grew 0.47% to 10,209.95 points, adding 47.46 points.

Turnover amounted to QAR 17.3 million after 603,900 shares were traded through 365 transactions.

The banking sector topped the QSE’s risers adding 1.36%, encouraged by the heavyweight Qatar National Bank’s (QNB) 2.64% growth, while the industrial sector inched up 0.11% as Qatari Investors Group went up 3.51%.

Meanwhile, the transportation sector headed the bourse’s losers falling 0.29% as Qatar Gas Transport (Nakilat) and Qatar Navigation (Milaha) declined 0.57% and 0.04%, respectively.

Qatar Insurance’s stock, which advanced 0.56%, led the QSE in terms of liquidity with QAR 3.2 million, while Qatar First Bank’s (QFB) stock, which rose 0.46%, spearheaded the market in terms of trading volume with 137,900 shares.

Mubasher Contribution Time: 31-Oct-2018 07:19 (GMT)
Mubasher Last Update Time: 31-Oct-2018 07:25 (GMT)