QSE index falls 27 pts at Monday’s close

Mubasher: The Qatar stock exchange (QSE) ended Monday’s trading session in the red, the bourse's second decline in a row, weighed by three sectors, amid high liquidity.

The general index declined 0.28%, or 27.31 points, to 9,819.74 points.

The QSE’s liquidity increased to QAR 131.68 million on Monday from QAR 68.06 million on Sunday, while the trading volume more than doubled to 4.23 million shares against 2 million in the previous session.

The banking sector topped the QSE’s losers, falling 0.82% on the back of Doha Bank’s 1.51% drop.

Similarly, the transportation sector shed 0.20% as Gulf Warehousing Company and Qatar Gas Transport (Nakilat) retreated 1.23% and 0.22%, respectively.

On the other hand, the goods and services sector headed the bourse’s three risers adding 0.69% backed by Qatar Fuel’s (Woqod) 1.24% growth.

By the end of the session, Woqod’s stock led the QSE in terms of liquidity with QAR 16.4 million, while Gulf International Services spearheaded the market in terms of trading volume with 676,800 shares. 

Mubasher Contribution Time: 08-Oct-2018 10:54 (GMT)
Mubasher Last Update Time: 08-Oct-2018 11:08 (GMT)