Mubasher: The Qatar Stock Exchange (QSE) started Thursday’s trading session in positive territory, supported by the growth of the banking sector.
By 9:50 am Qatar time, the general index jumped 21.64 points, or 0.22%, to 9,911.11 points.
The bourse’s trading volume reached 444,200 shares exchanged through 249 transactions with a turnover of QAR 27.6 million.
The consumer goods and services sector inched up 0.83% as the stocks of Zad Holding Company and Qatar Fuel (Woqod) increased 2.42% and 1.04%, respectively, whereas Qatari German Medical Devices’ (QG Medical) stock fell 1.02%.
The banks and financial services sector rose 0.27% after Doha Bank’s stock edged up 0.60%.
On the other hand, the telecoms sector decreased by 0.14% after Vodafone Qatar’s stock inched down 0.35%.
The real estate sector levelled down 0.07% after the stocks of Mazaya Qatar Real Estate and Barwa Real Estate declined 0.75% and 0.20%, respectively.
The heavyweight Qatar National Bank’s (QNB) stock, added 0.51%, was the most active after 120,400 shares were exchanged, with a liquidity of QAR 21.6 million.
