Real estate, banks boost QSE at Tuesdays close

Mubasher: The Qatar stock exchange (QSE) ended Tuesday’s trading in the green, encouraged by the growth of four sectors, amid heavy liquidity.

The general index rose 0.55%, or 49.47 points, to finish at 8,993.22 points.

The bourse’s liquidity increased to QAR 431.47 million on Tuesday from QAR 395.12 million on Monday, while the trading volume decreased to 9.11 million shares against 10.57 million in the previous session.

The real estate sector topped the QSE’s gainers adding 1.55% as Ezdan Holding Group grew 1.93%.

Similarly, the banking sector levelled up 1.01%, boosted by Qatar National Bank (QNB) which added 0.62%.

Meanwhile, the industrial sector topped the bourse’s losers falling 0.21% as Industries Qatar and Qatari Investors Group went down 1.85% and 0.10%, respectively.

Mesaieed Petrochemical Holding’s stock led the QSE in terms of trading volume with 1.9 million shares, while QNB’s stock topped the market in terms of liquidity with QAR 189.8 million.

Source: Mubasher Exclusive