QSE ends Sunday down

Mubasher: The Qatar stock exchange (QSE) ended Sunday’s trading session in red territory, pressured by the fall of four sectors, amid low liquidity.

The general index inched down 8.99 points, or 0.09%, to finish the first session of the week at 10,144.37 points.

The bourse’s liquidity tumbled to QAR 72.09 million on Sunday from QAR 163.18 million on Thursday, while the trading volume decreased to 2.89 million shares against 5.42 million in the previous session.

The transportation sector topped the QSE’s losers falling 0.91% due to Qatar Navigation’s (Milaha) 2.67% drop, while the banking sector levelled down 0.27% as the Commercial Bank of Qatar (CBQ) plunged 3.73%.

On the other hand, the industrial sector headed the bourse’s two gainers adding 0.60% as Qatar National Cement rose 3.22%, followed by the goods and services sector, which grew 0.46% as Medicare Group went up 2.96%.

By the end of the session, CBQ’s stock led the QSE in terms of liquidity with QAR 9.5 million, while Mazaya Qatar Real Estate’s stock, which went down 1.84%, spearheaded the market in terms of trading volume with 437,700 shares.

Mubasher Contribution Time: 28-Oct-2018 12:47 (GMT)
Mubasher Last Update Time: 28-Oct-2018 12:51 (GMT)