QSE drops 120 pts at Wednesday’s close

Mubasher: The Qatar Stock Exchange’s (QSE) general index fell 120 points, or 1.17%, to close at 10,136 points on Wednesday.

The real estate sector led decliners with 3.8%, followed by the insurance sector which tumbled 1.4%, while the banking sector inched down 0.16%.

Widam Food headed fallers after sliding 10%, while Salam International Investment topped gainers and rose 3.14%.

The QSE’s liquidity shrank 33.8% to QAR 278.54 million on Wednesday, from QAR 420.8 million in the previous session, while trading volume rose 4% to 11.51 million shares, compared to 11.07 million on Tuesday.

United Development’s stock, down 9.5%, led the QSE in terms of trading volume and value after 4.54 million shares were exchanged at a turnover of QAR 62.5 million.

Mubasher Contribution Time: 27-Feb-2019 10:42 (GMT)
Mubasher Last Update Time: 27-Feb-2019 10:49 (GMT)