QSE opens Sunday in red

Mubasher: The Qatar Stock Exchange (QSE) opened Sunday’s trading session down, pressured by the decline of four sectors, mainly the real estate and banking sectors.

By 10:10 am Qatar time, the general index shed 10.83 points, or 0.24 %, to 8.804.87 points.

Meanwhile, turnover amounted to QAR 44.4 million as 3.5 million shares were exchanged through 793 transactions.

The real estate sector topped declining sectors with a 0.67% fall, dragged by Barwa Real Estate which slipped 0.85%.

Likewise, the banking sector dipped 0.30% as Islamic Holding Group fell 2.92%.

On the other hand, the goods sector led gainers with 0.12% on the back of three rising stocks, particularly Qatari German for Medical Devices which grew 1.33%.

Al Khaleej Takaful Group led losers with 3.55%, while Mazaya Qatar Real Estate Development headed gainers with 3.98%.

Qatar First Bank’s stock topped the market in terms of trading volume with 1.8 million shares, generating liquidity of QAR 13.3 million.

MUBASHER Contribution Time: 25-Mar-2018 07:38 (GMT)
MUBASHER Last Update Time: 25-Mar-2018 08:37 (GMT)