Mubasher: The Qatar stock exchange (QSE) closed Sunday’s trading session in the green for the eighth session in a raw, encouraged by the growth of five sectors.

The general index rose 65.20 points, or 0.70%, to finish at 9,325.15 points.

The bourse’s liquidity decreased to QAR 115.85 million on Sunday from QAR 193.67 million on Monday, while the trading volume went down to 3.88 million shares against 9.11 million in the previous session.

The banking sector topped the QSE’s gainers adding 1.32% as Masraf Al Rayan and the heavyweight Qatar National Bank (QNB) went up 2.29% and 1.39%, respectively.

Similarly, the goods and services sector grew 0.68%, boosted by the hike of Al Mannai by 3.05%.

On the flipside, the insurance sector headed the bourse’s decliners falling 0.67% as Al Khalij Takaful and Qatar Insurance dropped 1.61% and 1.37%, respectively.

The telecommunication inched down after Vodafone Qatar fell 0.43%.

By the end of the session, Industries Qatar’s stock, which advanced 0.44%, led the QSE in terms of liquidity with QAR 14.5 million, while Mazaya Qatar Real Estate’s stock, which rose 0.83%, spearheaded the market in terms of trading volume with 662,940 shares.

Source: Mubasher Exclusive

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