Five sectors boost QSE at Sundays closing

Mubasher: The Qatar stock exchange (QSE) ended Sunday's trading session in the green, encouraged by the growth of five sectors.

The general index rose 41.33 points, or 0.45%, to finish at 9,200.10 points.

The bourse’s liquidity increased to QAR 190.94 million on Sunday from QAR 176.41 million on Thursday, while the trading volume went up to 8.57 million shares against 6.43 million in the previous session.

The real estate sector topped the QSE’s risers adding 2.81% as Ezdan Holding Group and Barwa Real Estate grew 5.43% and 0.14%, respectively.

The industrial sector jumped 0.45% due to Mesaieed Petrochemical Holding’s 1.04% increase.

Similarly, the banking sector inched up 0.1% on the back of Masraf Al Rayan’s 1.06% growth.

On the flipside, the goods and services sector headed the bourse’s losers falling 0.62% as Qatar for Cinema and Film Distribution Company declined 3.61%.

The telecommunication decreased by 0.55% as Vodafone Qatar and Ooredoo went down 1.18% and 0.15%, respectively.

By the end of the session, the Commercial Bank of Qatar’s (CBQ) stock, which inched down 0.03%, led the QSE in terms of liquidity with QAR 53.04 million, while Qatar Gas Transport’s (Nakilat) stock, which advanced 1.99%, spearheaded the market in terms of trading volume with 1.98 million shares.